Fri, November 15

Nvidia Lawsuit Ignites New Risks for the Crypto Industry

The U.S. Supreme Court is set to hear a legal dispute between chipmaker Nvidia and a class of its investors. This is a case that could have significant implications for the cryptocurrency industry. The Digital Chamber (TDC), warns that allowing this lawsuit could open the door to “frivolous securities lawsuits”

August 22, 2024 2 mins read

$WOMIO Token Presale by WOMIO Platform Now Live, Pioneering Multichain Memecoin Revolution

Presale by Memecoin ecosystem WOMIO for its $WOMIO token is now live. The WOMIO platform facilitates simplification of multichain memecoin launches while enabling novel use cases that will propel the sector forward. Yesterday, on August 21 at 19:00 (CET), WOMIO commenced its ongoing token presale, providing the community with a chance to

August 22, 2024 2 mins read

Kamala Harris Pledges Crypto Support with Favorable Policies

In a recent Bloomberg News roundtable at the Democratic National Convention (DNC) on Wednesday, Kamala Harris, the Vice President of America showed a green flag for crypto. She is said to back measures to help grow the crypto community. Brian Nelson, Senior campaign advisor for policy to the campaign stated:

August 22, 2024 2 mins read

Hackers Compromise McDonald’s Instagram to Promote Solana Meme Coin

Bad actors hacked the Instagram account of fast food giant McDonald’s and promoted a meme coin based on Solana. On his X (formerly Twitter) account, which is believed to have been compromised, the company’s director of marketing also published a relevant message. After hacking into McDonald’s Instagram account, the hacker

August 22, 2024 2 mins read

Vitalik Buterin Advocates ‘Plurality’ to Resolve Multiple Domain Conflicts

Vitalik Buterin, co-founder of Ethereum (ETH), has proposed the “Plurality” philosophy to address the conflict between the cryptocurrency ecosystem and more conventional forms of governance. Though he acknowledges that this pluralistic approach may improve current systems, he fails to see any chance of a substitute. American writer and economist Glen

August 21, 2024 2 mins read

Tether Announces Launch Plan of UAE Dirham-Pegged Stablecoin

Investors in the cryptocurrency market have taken notice of the latest declaration from top stablecoin issuer Tether. The USDT issuer recently announced plans to create and release a stablecoin linked to the UAE dirham in an X post. Taking advantage of the increasing use of blockchain technology in the Middle

August 21, 2024 2 mins read

Planetarium Labs Opens Pre-Registration for Immortal Rising 2

Planetarium Labs has announced that it has opened pre-registration for Immortal Rising 2, the much-anticipated sequel to its highly successful Immortal Rising franchise. Following the triumph of the original title, which garnered over two million downloads and became the highest-grossing app in the simulation genre during its debut year, the

August 21, 2024 3 mins read

SunPump by Justin Sun Generates Over $1M Revenue Shortly After Launch

Justin Sun, the founder of Tron, launched SunPump on August 13, positioning it as a competitor to Solana’s Pump.fun token generator. In just eight days since its debut, SunPump has generated over $1 million in revenue. As a memecoin deployer on the Tron network, SunPump has quickly gained traction, earning

August 21, 2024 1 min read

Abu Dhabi Proposes Regulatory Framework for Fiat Referenced Tokens

Abu Dhabi is taking significant steps towards regulating fiat-referenced tokens (FRTs), a specific type of stablecoin. The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) introduced a proposed framework on August 20. It aimed at overseeing the issuance and operation of FRTs.  FRTs are digital assets

August 21, 2024 2 mins read

Crypto Whale Lost $55M Worth DAI To A Phishing Attack

A crypto whale has fallen victim to a phishing attack, losing a substantial 55.47 million DAI tokens ($55M) after negligently signing a fraudulent transaction. According to the on-chain data, the funds were stored in the vault of Maker, a decentralized finance (DeFi) protocol built on Ethereum.  However, the ownership of

August 21, 2024 1 min read