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Solana-Based Meme Coin VDOR Market Cap Surpasses $15 Million, Suspected Rug Pull by UGOR Team

2 hours ago

March 30th – Per GMGN monitoring (link: https://gmgn.ai/sol/token/i_m4TE56o8_VDoRrZix72Er41foJAdKrwFqYNozPbktuPa4Xy1A7Au), Solana-based meme coin VDOR has trended steadily upward in a stepwise pattern since March 21st. As of today, its market cap has topped $15 million, with a 10% 24-hour gain and ~$1.9 million in trading volume. Over half the funds held by VDOR’s top 100 addresses trace back to the same team (addresses starting with G2YxR). This team previously ran meme coin UGOR (link: https://gmgn.ai/sol/token/i_m4TE56o8_UGoRwdj9SK78V6Pq9YMz9BvmNuJTLNqPZyS5WnGd8uW) with an identical playbook: UGOR’s market cap spiked unilaterally to $23 million on March 19th before crashing below $5 million, then plunged again on March 21st. VDOR launched the same day and quickly surged past $5 million—timing that strongly points to a pump-and-dump scheme. BlockBeats Note: Meme coin trading carries extreme volatility, relying heavily on market sentiment and hype with no underlying value or use case. Investors should exercise caution.
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China's Urumqi in Xinjiang Region Cracks Down on Illegal Crypto Mining Rig Maintenance Site, Seizes 310 Devices on the Spot

March 30 — The Urumqi Public Security Bureau’s High-tech Zone (Xinshi District) Sub-bureau reported on March 26 that during a patrol in Ergong Township, officers uncovered a site suspected of illegally repairing cryptocurrency mining rigs. The team identified an unusual warehouse on Yuhang Road in Xinshi District, where large quantities of disassembled and pending-repair mining equipment were stacked — in violation of China’s ban on the production, sale, repair, lease, or hosting of mining rigs. During enforcement actions, police also found serious safety hazards at the site: illegal electrical connections, fire protection facilities that failed required annual inspections, and no fire management system. These posed significant risks of fire and electric shock. A total of 310 mining rigs awaiting repair were lawfully seized on the spot. Relevant evidence has been collected, and the parties involved have been ordered to immediately cease their illegal activities. The case has b

3 minutes ago

Support for Gaza War Drops as Anti-War Protests Emerge Across Israel

**March 30: Israeli sources report that as military actions against Iran continue, domestic support for the conflict in Israel has declined—especially among those who "strongly support" it—compared to early March, as of March 29 local time.** **In recent days, dozens of Israeli peace groups (including the "Peace Partners Plan") have jointly protested the government’s push for an "endless war." A report notes that on March 28, more than 1,000 people joined an anti-war protest at Hamedina Square in central Tel Aviv, marking the largest such demonstration in a month.** **Protesters held signs with messages like "Eternal war is not strategic" and "We must oppose war even in this complex era." The event was scheduled to last one hour but stretched to nearly two hours due to clashes with police (Financial Network).**

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Japanese and South Korean Stock Markets Close Lower on Monday, with South Korea's KOSPI Index Falling by Nearly 3%

March 30 — Per Bitget market data, the Nikkei 225 closed down 1,487.22 points (2.79%) at 51,885.85. The South Korean KOSPI fell 161.59 points (2.97%) to finish at 5,277.28.

3 minutes ago

Spot Gold Rises Over 1.00% Intraday, Now Trading at $4547.85 per Ounce

On March 30, per Bitget market data, spot gold rose over 1% intraday and is currently trading at $4,547.85 per ounce.

3 minutes ago

Telegram Platform Appears to Be Experiencing Outage

March 30: Telegram is suspected to have experienced an outage, per network status monitoring site DownDetector.

3 minutes ago

Distributed Sun Bo Reveals Details of $42 Million Asset Theft Incident in 2022

On March 30, Shen Bo—partner at Distributed Capital—posted on X to disclose full details and addresses of assets stolen from him in 2022. The theft occurred between 00:46 and 01:02 EST on November 10, 2022, targeting his Trust Wallet hot wallet installed on an iPhone 12 Pro Max. Approximately $42 million worth of cryptocurrency assets were stolen, with addresses of the stolen funds as follows: - ETH: 0x6be85603322df6DC66163eF5f82A9c6ffBC5e894 - BTC: 1ECNeZyiHgqJmv42i3pkWY48xiXy7KukTG / bc1qg3mnvn8saea50js7nzkhm8k054mpwqmcuq3de5 - TRON: TJLBmmUb5TcFFXTLzuuaKU96uTg5Sjn1yD On March 26, Shen Bo launched a bounty program to recover the $42 million in stolen crypto assets from the 2022 incident.

3 minutes ago