Consensys CEO Joe Lubin explains why the firm is taking legal action against the SEC, discusses Ethereum’s roadmap and the importance of Vitalik Buterin’s continued involvement.
I keep getting calls about recovering money from a scam platform called btc 360. Apparently,some one year ago according to the person calling me i had an account there. Honestly,i dont remember anything about it or what,if anything i did on that platform. But the person apparently claims they are some sort of lawyer trying…
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On Thursday, Singapore’s Marketnode, a digital market infrastructure operator, secured funding for its Series A financing round led by HSBC, the British multinational universal bank and financial services group. The exact amount raised during the Series A funding was not disclosed. HSBC Joins Forces With Marketnode to Revolutionize Digital Asset Solutions HSBC has backed Marketnode, […]
Chinese national Yunhe Wang has been accused of hijacking over 19 million private IP addresses and reselling them to criminals for nefarious use.
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Alex Labs has revealed a recovery roadmap and enhanced security measures post-exploit aimed at rebuilding community trust and resuming operations.
Cryptocurrencies linked to former US President Donald Trump have seen a meteoric rise over the past week, reflecting a growing speculative fervor around politically-charged “memecoins” in the digital asset space. Related Reading: Are Whales Sniffing Out A Deal? Ethereum Holdings Balloon To 30% – Details The most notable gainer has been the “Super Trump” (STRUMP) token, which rallied by over 200% on May 29th alone, making it one of the top trending cryptocurrencies on CoinMarketCap. The memecoin, which first debuted on Ethereum in March, has seen its fortunes change dramatically since launching on the Solana blockchain just last weekend. Crypto analyst Tyler, who has been closely watching the space, noted: “We are not even 24 hours past the #SUPERTRUMP launch on #SOLANA and already have great support around 4 million MC. Almost 1 million in volume and up 485.970%!” Political meme coins stay hot 🔥🔥 In the past day:$TRUMP +20% to $680M$MAGA +20% to $220M$BODEN +25% to $230M$STRUMP (Super Trump) +186% to $31M The TRUMP coin on ETH is clearly leading the way and is now the 8th biggest meme coin by mc. Polifi has become too big to fade pic.twitter.com/J6onV5W9Vg — TylerD 🧙♂️ (@Tyler_Did_It) May 29, 2024 Trump Memecoin And The ‘PoliFi’ Phenomenon The STRUMP surge appears to be part of a broader trend within the so-called “PoliFi” (political finance) ecosystem, where tokens tied to prominent political figures and ideologies have gained significant traction among crypto investors. Other Trump-linked memecoins, such as TRUMP, MAGA, and BODEN, have also recorded massive price spikes in recent days, with gains ranging from 20% to 350%. This rally has catapulted the original TRUMP coin to become the 8th largest memecoin by market capitalization. The STRUMP project itself has emphasized its community’s deep dedication to the former president, claiming that 0.8% of its wallet is reserved for Trump. This signal of support seems to have resonated with the crypto crowd, many of whom view Trump’s pro-crypto stance as a positive driver for these types of digital assets. STRUMP Loses Steam However, the euphoria surrounding STRUMP and its peers has been short-lived, as the memecoins have since lost steam following their recent record highs. As of press time, STRUMP was trading around $0.006, roughly 50% below its peak price of $0.012 reached earlier this week. This volatility underscores the inherent risks and speculative nature of the memecoin market, where prices can fluctuate wildly based on social media trends, influencer endorsements, and other ephemeral factors. The long-term viability of these tokens remains uncertain, as regulatory scrutiny and broader market conditions could significantly impact their performance. Related Reading: Time To Stack Stellar (XLM)? Analyst Calls For Epic 500% Price Breakout Investors Bring Ideologies To The Blockchain The resurgence of Trump-linked memecoins reflects the continued fascination with the former president’s brand and the growing influence of politically-motivated investors in the cryptocurrency space. While these digital assets have captivated the attention of speculators, their dramatic price swings serve as a cautionary tale for those seeking to capitalize on the “PoliFi” phenomenon. Featured image from iPic.Ai, chart from TradingView
Robinhood Crypto vice president Johann Kerbrat said that the API allows developers to build custom tools for crypto trading.
The world’s largest asset manager, Blackrock, has updated its S-1 registration statement for the Ishares Ethereum Trust, which will be listed as “ETHA.” According to the update, ‘Seed Creation Baskets’ were acquired by the fund’s ‘Seed Capital Investor.’ Furthermore, several spot ether exchange-traded fund (ETF) applicants now have their respective tickers listed on the Depository […]
