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UXLINK’s token plummets, Adrian Cheng launches ALMAD Group, Portals launches PORTALS token, and other Web3 news

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  • Portals, a Solana-based Web3 platform for creators, has launched its native PORTALS token after a successful presale that raised 3,700 SOL, and aims to empower creators with no-code tools for building digital experiences. (📰DailyCoin)
  • Adrian Cheng has announced the launch of ALMAD Group, focusing on digital assets and blockchain technologies, while his previous venture K11 has been absorbed into ALMAD following his resignation from New World Development Co. (📰artnews.com)
  • UXLINK’s token value has plummeted after a suspected $11.3 million hack, which involved the theft of UXLINK tokens and other assets, leading to a significant sell-off and loss of market cap. (📰BeInCrypto)
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