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Search Results for: crypto market

Tether Freezes 5.2M USDT Linked to Phishing Groups

Tether has frozen 5.2 million USDT from 12 Ethereum addresses linked to phishing groups. These addresses are tagged as USDT-banned addresses by MistTrack. It is an anti-money laundering tracking system developed by SlowMist AML, and used in on-chain analytics to trace illicit funds. Historically, stablecoin issuers ban suspicious addresses for

May 14, 2024 2 mins read

Investment Firm Metaplanet Turns to Bitcoin Amid Japan’s Economic Woes

As a hedge against Japan’s ongoing economic woes, the Tokyo-listed crypto investment and consultancy business Metaplanet Inc. has decided to accommodate Bitcoin in its strategic treasury reserve. The company stated: “The move is a direct response to sustained economic pressures in Japan, notably high government debt levels, prolonged periods of

May 13, 2024 2 mins read

Ripple CEO Warns of US Government Targeting Tether, Potential Impact

According to Ripple CEO Brad Garlinghouse, the US government is “going after” USDT stablecoin issuer Tether, which might have unforeseen consequences for the cryptocurrency market. In the same vein as the collapse of FTX and the following revelation of fraud committed by its leadership, Garlinghouse said on a May 10

May 13, 2024 2 mins read

NFT Collection Pudgy Penguin’s CEO Reports Over 1M Toy Sales in 12 Months

NFT project CEO Luca Schnetzler reported sales of over one million Pudgy Penguin toys in the last twelve months. As the Pudgy Penguins NFT initiative continues to extend into stores throughout the world, its founder announced on May 13 that sales had skyrocketed to over a million in the last

May 13, 2024 1 min read

Runes Protocol Sees Declining Activity and Fee Revenue Amidst Fading Interest

Since its first week of trading, the Runes protocol’s activity has reduced substantially. Fewer new mints and wallets interacted with the protocol on May 10th compared to earlier times, indicating a significant drop in activity. Users can create fungible tokens on the blockchain using Runes, a new standard for Bitcoin

May 12, 2024 2 mins read

Expert Trader Predicts 1500% Jump for Viral Solana Meme Coin in May 2024

In the fast-paced world of cryptocurrency trading, where fortunes are made and lost in the blink of an eye, the predictions of seasoned traders can often hold significant weight. In May 2024, an expert trader made headlines with a bold forecast: a staggering 1500% jump for a viral Solana meme

May 11, 2024 3 mins read

Retik Finance (RETIK): Solana Rival Launching on May 21 Can Deliver 5000% Returns by the End of 2024, Says Expert Known for Spotting Winners

In the dynamic and ever-evolving landscape of cryptocurrencies, new contenders continually emerge, each vying for a slice of the market pie. Among these emerging players, Retik Finance (RETIK) has captured the attention of investors and analysts alike, positioning itself as a formidable rival to established giants like Solana. With its

May 11, 2024 3 mins read
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