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Do Kwon, the South Korean founder of Terraform Labs, has been extradited to the United States. Authorities in the country accused Do Kwon of orchestrating a multi-billion dollar crypto fraud following the collapse of his company’s Terrausd and Luna cryptocurrencies in 2022. The collapse caused billions of dollars in losses across the market. Do Kwon … Read more
The Q4 2024 crypto valuation surge saw the digital asset market cap surpass that of the global inflation-linked bond market. Crypto Market Cap Dwarfs U.S. High-Yield Bond Market The crypto market capitalization surged from $1 trillion to over $3 trillion in the last quarter of 2024, surpassing that of the global inflation-linked bond market, according … Read more
With bitcoin (BTC) cruising past the $100,000 mark and the crypto economy swelling dramatically in value this year, multiple sectors saw significant expansion. Stablecoins, a major player in the digital asset realm, now exceed $200 billion in total valuation, reflecting a $73 billion increase in this subset of fiat-pegged cryptocurrencies. Stablecoins Flourish While Rankings Shift … Read more
A savvy investor, identified by the wallet address 6naxt…YWDbK, has demonstrated remarkable foresight by transforming a $1,146 investment into $1.047 million in just nine days, achieving an extraordinary return of 91,297%. Surprisingly, the trades suggest no evidence of insider activity. 1️⃣ Initial Buy: On October 20, the investor purchased 55.85 million $SWARMS tokens during the … Read more
An Ethereum wallet, dormant since the Ethereum ICO nine years ago, has suddenly reactivated, sparking intrigue in the crypto community. This whale wallet originally purchased 1,940 ETH during Ethereum’s Genesis Block event, a holding now valued at approximately $6.5 million USD. Upon waking, the wallet transferred a total of 342.220 ETH, worth around $1.154 million … Read more
As 2024 winds down, the cryptocurrency market is experiencing a significant drop in activity. Trading volume across crypto sectors has fallen 64% over the past week compared to the previous one, which saw Bitcoin reach its all-time high. This decline, particularly among speculative altcoins, aligns with a common year-end pattern as traders shift focus to … Read more
The $ai16z token is making waves in the crypto market, surging 50% today to reach a new all-time high with a market cap exceeding $1.3 billion. This impressive rally highlights the growing interest in the project and its ecosystem. Several key updates have contributed to this momentum. On December 28, $ai16z unveiled updated tokenomics, introducing … Read more
According to the latest data from CoinGecko, 2024 has been a standout year for cryptocurrency gains, with meme coins dominating the leaderboard. The top gainer of the year is $VIRTUAL, which saw an astounding 23,079% increase. Starting at just $0.01311, the token surged to $3.04 by December 25, fueled by the launch of Virtuals Protocol’s … Read more
Cointelegraph takes a look back at three absurd memecoins launched this year, some which immortalized viral moments and one which was just hot air. Go to Source
Cointelegraph recounts the most memorable moments on X this year which influenced crypto and crypto culture in 2024. Go to Source