Bookmarking Crypto Insights
A Coinwire study reveals that most crypto influencers on X promote worthless meme coins, highlighting the risks of relying on social media for investment advice. Influencers Setting Up Investors for Failure According to a Coinwire study, over three-quarters (76%) of crypto influencers on X promoted meme coins that are now defunct. Moreover, two-thirds of the … Read more
Rick Wurster, who will take the chief executive role next year, says he still has no plans to buy crypto but wants to support Schwab clients that do. Go to Source
A federal grand jury in Miami has charged nine individuals with laundering U.S. drug proceeds into cryptocurrency for Mexican and Colombian cartels, utilizing “a network of black market cryptocurrency launderers and unlicensed money transmitters,” according to the U.S. Department of Justice. From 2020 to 2023, defendants allegedly coordinated cash pickups from U.S. drug sales, converting … Read more
Satoshi Action Fund CEO Dennis Porter says a Texas lawmaker has started conversations to introduce strategic Bitcoin legislation at some point in the future. Go to Source
The defendants will likely have to pay something along with “neither admit nor deny” type language, says Pantera’s chief legal officer Katrina Paglia. Go to Source
The U.S. Justice Department has announced the seizure of Popeyetools, a cybercrime marketplace, and unmasked its role in illicit cryptocurrency transactions. Administrators Abdul Ghaffar, Abdul Sami, and Javed Mirza were charged with selling stolen financial data and facilitating crimes involving ransomware and fraud. Since 2016, Popeyetools generated $1.7 million in revenue, partly from cryptocurrency payments, … Read more
The Cheems token on the Binance Smart Chain (BSC) is gaining significant momentum, surging by 60% in the past 24 hours and boasting a remarkable 306% increase since November 5. Its current market value has reached $150 million, positioning it as a promising contender in the crypto space. One of the largest holders of Cheems, … Read more
The value of $LESTER plummeted by 40% in the past 24 hours, leaving its market capitalization at a mere $32.7 million. This sharp decline came shortly after the official Twitter account announced that Lester would continue as the project’s mascot. Prominent investor @bazingahappy has felt the impact of the downturn. On March 15, they invested … Read more
In a bizarre turn of events, a young live-streamer known as Xiaohaige created the memecoin $Quant, selling all 51 million tokens for 128 SOL ($30,000) and pocketing a profit of $29,600. However, the tokens he sold are now worth a staggering $4 million, leaving the community both amazed and infuriated. Xiaohaige’s audacious move unfolded live, … Read more
Russia’s foreign trade is defying Western sanctions, with rising imports, resilient transaction systems, and projected economic growth outpacing stagnating Western economies. Western Sanctions Meet Resistance as Russia’s Trade Surges Russian Finance Minister Anton Siluanov has claimed that Western sanctions will not hinder Russia’s foreign trade. Speaking in an interview with Nailya Asker-Zade on the Rossiya-24 … Read more
