In this category of NewsCrypto, you will find news covering the whole cryptocurrency market and delivering the most recent developments in the industry. The market news section is constantly updated by a team of writers worldwide, who work tirelessly to bring you the most up-to-date information. Investors, standard readers, and financial lovers worldwide may find the most up-to-date information about the cryptocurrency and blockchain industry in the market news area. The website focuses on providing readers with unbiased information on current crypto market movements.
Pump.fun, a Solana-based memecoin launch platform, has reignited excitement by teasing the release of a new token and a potential airdrop. In an official post on its X account (formerly Twitter), Pump.fun hinted at the airdrop, stating, “The top isn’t in until this drops.” This suggests that the platform believes
The Federal Reserve Bank of Minneapolis has recently proposed that governments should ban or tax Bitcoin. This recommendation aims to help maintain permanent budget deficits. In a working paper published on October 17, the Minneapolis Fed highlighted that Bitcoin complicates fiscal policy. Specifically, the Fed argues that Bitcoin creates a
Elon Musk has made headlines in the crypto industry by mentioning particular crypto assets. Recently, he has mentioned XRP, making an impact across the market. Notably, Musk has been actively campaigning for Donald Trump in recent weeks and discussed various topics such as the economy, politics, and cryptocurrency. Musk mentioned
After news broke that the EigenLayer project’s social media account had been hacked, the initiative once again attracted the interest of the community. Investors are being warned not to click on links posted by the official X account of the project. Which has been found to publish phishing schemes. Nevertheless,
The cryptocurrency portfolio of the 2024 U.S. presidential election candidate, Donald Trump has witnessed a substantial increase in value of $6.1 million since the beginning of 2024. According to an Arkham Intelligence report, over 65% of Donald Trump’s current crypto assets consist of meme coins. Among them, the largest position
The legal saga of Do Kwon, the co-founder of Terraform Labs, is nearing a major turning point. Montenegro’s Justice Minister, Bojan Božović, has confirmed that a decision regarding Kwon’s extradition is expected by the end of this week, Oct 19. Do Kwon has been held in Montenegro custody since March
Radiant Capital, a cross-chain lending protocol backed by Binance Labs, fell victim to a serious cyber attack. It resulted in losses exceeding $50 million in cryptocurrency On October 16, 2024. This incident underscores the significant vulnerabilities within decentralized finance (DeFi) platforms. Attackers gained control of the private keys belonging to
Chirag Tomar, a 31-year-old Indian Citizen, was sentenced today to 60 months in prison for his role in a cryptocurrency spoofing scheme that defrauded victims of more than $20 million. U.S. District Judge Kenneth D. Bell issued the sentence in Charlotte, North Carolina. Tomar’s scheme involved hundreds of victims worldwide,
Nishad Singh, a former executive at the FTX cryptocurrency exchange, is making a plea to avoid prison time as he prepares for his sentencing on October 30. Singh’s legal team has described him as an “uncommonly selfless individual” in their recent filing, which includes over 100 letters of support from
World Liberty Financial (WLFI), a new DeFi project backed by Donald Trump and his family, launched its token presale yesterday. Despite aiming to raise $300 million by offering 20 billion tokens, the project has only managed to raise about $12.72 million so far, selling around 848.06 million tokens, equivalent to
