Former Securities and Exchange Commission (SEC) Chair Gary Gensler’s return to his old MIT haunt has ignited backlash from a section of the crypto industry. Gensler previously taught at the university before leading the SEC, where he became deeply unpopular for his strict regulatory approach. MIT Welcomes Back Gensler, But Crypto Leaders Push Back On […]
Crypto Community Protests MIT’s Rehiring of Gary Gensler Read More »
A Pump.fun user has apparently been mass-producing meme coins at an astonishing rate, creating nearly 18,000 tokens and amassing at least $3.7 million in profits. Blockchain data shows that the individual launched an average of 12 coins per hour daily for several months. The Meme Coin Minting Machine The user, identified by the wallet 0x818a…aJa13N,
Pump.fun User Mints 18,000 Meme Coins, Earns $3.76M Read More »
[PRESS RELEASE – Miami, USA, January 30th, 2025] Everstake, a leading global staking provider and blockchain solutions company, has obtained AICPA System and Organization Controls (SOC 2) Type 1 certification. The certification follows a comprehensive compliance audit of Everstake’s staking infrastructure, conducted by the independent cybersecurity firm Prescient Security, verifying adherence to top-tier security and
After a short-lived rally past $3,700 in early January, Ethereum struggled to sustain its gains and is now 12% below its recently established local top. The leading altcoin’s market sentiment remains muted. As such, a new analysis suggests that the next significant price shift will largely be influenced by whales. No Whale Frenzy Ethereum’s price
Ethereum Could See a Pullback to $2,500 Amid Whale Absence Read More »
TL:DR; Although it’s yet to see the light of day officially, Pi Network continues to attract new users, and its community is growing in many large countries. Nevertheless, a large portion of its user base still wonders when the mainnet will be live, with the latest projections indicating that this will happen by the end
Pi Network Community Grows in These Countries, But When Mainnet? Read More »
Ron Branstetter, creator of the viral meme coin Unicorn Fart Dust (UFD), announced that his Phantom wallet had been hacked, leading to the loss of $6.6 million worth of UFD tokens, Solana, and other crypto assets. Branstetter shared the news during an emergency livestream, expressing heartbreak while reassuring the community of his unwavering commitment to
Unicorn Fart Dust Creator Breaks Silence After $6.6M Hack Read More »
TL;DR Several online retailers and Travala have supposedly started accepting Trump’s meme coin, expanding its use beyond speculation. TRUMP surged past $70 but has since dropped 64% to around $26, with critics like Balaji Srinivasan and Mark Cuban questioning its legitimacy. TRUMP Receives Further Support Donald Trump made huge waves in the crypto world by
TRUMP Coin Goes Mainstream? More Websites Now Accept Payments Read More »
Chris Dixon, founding partner at a16z Crypto, claims that misguided regulations fueled the meme coin explosion witnessed in 2024. The venture capitalist criticized the Biden administration’s approach to digital assets, arguing that its restrictive policies stifled real innovation and left the market with mostly speculative tokens. A Distorted Crypto Sector Speaking to prominent crypto journalist
a16z’s Chris Dixon Blames Policy Failures for Meme Coin Boom Read More »
As expected, the US Fed didn’t lower the key interest rates in the first FOMC meeting of the year. BTC’s price had calmed over the past day or so at around $102,000 – $103,000 but started to lose value almost immediately after the decision came out. During the last FOMC meeting for 2024, the US
Bitcoin Price Drops by $1K as US Federal Reserve Maintains Interest Rates Read More »
The options and derivatives exchange CBOE has filed applications seeking the launch of Solana exchange-traded funds (ETFs) for four leading asset managers in the United States. This development has once again restarted the race for the first SOL exchange-traded fund in the country. According to details on the CBOE rule filings site, the exchange has
CBOE Restarts US Solana ETF Race With Filings for 4 Asset Managers Read More »
