A wave of excitement and fear at the same time can be witnessed in the users of WazirX as the Singapore High Court is going to review the recovery plan of the exchange on May 13, 2025. If the plan is approved, this move will be the first actual step
Hackers posted a fake announcement, falsely claiming that U.S. authorities, including the Securities and Exchange Commission (SEC), were investigating ZKsync. The post proposed that the U.S. Treasury could sanction the Ethereum Layer 2 protocol. This deceptive press release was meant to instill fear and uncertainty among crypto users. Through the
A fresh technical setup has been identified on the Dogecoin (DOGE) four-hour chart. The formation of a new bull pennant pattern has taken shape, marking a potential continuation of the recent upward trend. This development has emerged during a period of stabilized price action, giving analysts a clearer outlook for
Trump Media’s social media network, Truth Social, has rejected the rumours of the launch of a memecoin by the platform, surfacing on social media. The official Truth Social account posted on its platform, denying the rumours, Truth Social is not introducing a memecoin. Truth Social is owned by Trump Media
In a strategic development unveiled at the Dubai FinTech Summit 2025, the Government of Dubai has signed a Memorandum of Understanding (Mou) with Crypto.com to enable cryptocurrency payments for government services. This strategic partnership marks a global first, setting the stage for a fully integrated public-sector crypto payment framework. The
The OFFICIAL TRUMP price is showing bearish momentum following a test of a major resistance zone at $16.06. The current price action reflects a significant drop as the token is currently trading around $12.35, from the recent highs around $15.00, seen in early May. From the daily chart structure, TRUMP
The crypto market opened the trading day with mixed signals across the assets, oscillating between green and red price charts. Notably, Ripple’s XRP has emerged as the top gainer and one of the trending tokens on the 24-hour list. The asset has posted a surge of over 3.48%. The recovery
The new chairman of the U.S Securities and Exchange Commission, Paul Atkins, has reassured to enact a clear crypto regulatory framework in a roundtable of the SEC on May 12. The title of the roundtable was Tokenization: Moving Assets Onchain: Where TradFi and DeFi Meet. The participants of the event
Coinbase crypto exchange is making headlines in the crypto verse with its entry in the S&P 500. It will be the first crypto company to be included in the S&P 500. As the news came out, the company’s stock price jumped more than 8%. The inclusion in the index will
Backpack has launched withdrawals for former FTX EU customers, allowing them to reclaim frozen euro balances. However, crypto withdrawals remain unavailable. The move marks a significant step in returning trapped funds following 2022 collapse. The claims process officially began on May 12, months after Backpack acquired FTX EU in January
