ASTEROID, a memecoin inspired by a deceased girl's plush toy design, skyrocketed over 68,000% in a week after Elon Musk's replies on social media, despite having no official ties to SpaceX. Early traders saw significant profits, but the coin's future relies on narrative rather than formal endorsement.

X has launched the Cashtags feature, integrating financial trading into its social feed, generating $1 billion in trading volume shortly after its release. Currently available for iPhone users in the U.S. and Canada, it allows easy access to market data and discussions. X Money, a peer-to-peer wallet, is set for rollout amid regulatory concerns, while a new integration with Wealthsimple enables direct in-app trading.

Luffa, a Web3 social ecosystem, partnered with a digital asset trading platform to integrate AI-driven trading features, enhancing secure communication and trading in a unified interface while maintaining decentralization and risk mitigation.

Elon Musk's online activity revived interest in a cryptocurrency token known as "Asteroid crypto," causing increased trading and volatility on decentralized exchanges. Market reactions were driven by social media references, illustrating the token's sensitivity to influencer attention.

SlowMist's security team has warned of a social engineering campaign targeting cryptocurrency users. Fraudsters are posing as project partners to trick users into downloading a malicious application disguised as a translation tool. Users are advised to verify software authenticity.

Bank of AI has launched an airdrop campaign on a CEX's Web3 wallet, offering a 5,000 USDT prize pool for 1,000 participants who meet specific requirements, including wallet verification and social media engagement.

Gate News message. On April 16, according to Gate market data, as of the time of publication, KT (KingdomX) is trading at $0.00056. Within the past 24 hours, it is up 73.93%, with a high of $0.00063 and a low retracing to $0.00029. Its current market cap is approximately $206k. KingdomX is a medieval metaverse chain game, with the game’s core built around an NFT protocol. In the game, users can collect heroes, complete quests, challenge events, participate in wars, and build their own game kingdom through social interaction and territory development. All of the game’s ecosystem is designed around the GameFi protocol; while improving the game’s playability, it preserves the value of in-game assets, so that any user can earn returns through the game and make Token or receive rewards. Kingdom

CoW Swap regained control of its cow.fi domain after a social engineering attack that occurred on April 14. The attackers used forged documents to manipulate the DNS registrar and deploy a phishing site. Users affected by the incident are advised to revoke transaction approvals and transfer funds.

The CFTC is investigating unusual oil trades linked to President Trump's announcements on Truth Social, raising concerns of potential insider trading or market manipulation. Details on the trades and involved entities remain undisclosed.

MoonPay's recent social media post featuring an XRP theme has sparked speculation about a potential partnership with Ripple. As both companies focus on enhancing cryptocurrency infrastructure, the implications of this possible collaboration, along with Ripple's initiatives in institutional finance, highlight a shift towards practical applications in the crypto space.