TapSwap a Crypto Project with Telegram Bot Tapping on Solana blockchain

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TapSwap is a new Crypto exchange project that combines the key features of modern DeFi platforms and offers a multitude of new opportunities for its community. The goal of TapSwap is to provide a fast, efficient, and secure way to exchange cryptocurrency, utilizing the advantages of the Solana blockchain. Key Features on TapSwap include: • Mining Bot: This is a telegram bot for mining and the TAPS token distribution. • Staking Rewards: The staking platform for receiving additional rewards. • Decentralized governance: TapSwap token holders have voting rights and can actively participate in the development of the platform. • Profit distribution: The profit distribution system allows token holders to receive a certain percentage of the operations on the platform. TAPS Token TAPS Token is the native token of the TapSwap ecosystem which has begun distributing the token to the community through a bot-tapping mechanism. Total Supply - 1,000,000,000 Telegram Bot Allocation- 150,000,000 TAPS
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HotBit Centralized Exchange Ends Operation, Instruct Users to Withdraw Funds

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 Hotbit, a centralized crypto exchange announced on May 2023 that it would be stopping all operations due to deteriorated operating conditions, the change in crypto space in opting for a decentralized exchange that is killing centralized exchanges, and also due to repeated cyber attacks and exploitation of the platform.

The HotBit exchange had been operating since 2018 and was known for its large selection of cryptocurrencies and its user-friendly interface. In its announcement, Hotbit stated that it has decided to stop all Centralized Exchange Operations from May 22, UTC 04:00, and asked all users to withdraw their remaining assets before June 21, UTC 04:00.

Hotbit's decision to end Cex operations permanently was met with a reaction from the cryptocurrency community. People see the week as wild for crypto, after major shocks from Ledger, Metamask and now Hotbit the leading exchange with 5m+ users shutting down operations.

The incident at Hotbit serves as a reminder to embrace decentralized exchanges while Cexs play a crucial role in the cryptocurrency ecosystem,  they are often targeted by hackers and are vulnerable to system errors. It is important users need to take precautions when using exchanges, such as self-possession of their assets and only use exchanges that have a proven track record of security. 



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