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In a shocking turn of events earlier today, the X (formerly Twitter) account for Jupiter Exchange was compromised, leading to a rapid and costly loss for traders who fell victim to a fake token scam. The hack, which took place in a matter of minutes, saw unsuspecting traders rush to purchase a fraudulent token launched … Read more
The Ethereum Layer-2 ecosystem remains a focus of growth and change. Mantle Network is part of that. It continues to define itself as one of the leading DeFi solutions and is developing a remarkable array of technical innovations, particularly in the area of interoperability and scalability. Its mETH liquid staking protocol is being adopted rapidly—a … Read more
The cryptocurrency market remains turbulent, but Circle is undeterred. The company is moving ahead with its plans to expand on the Solana blockchain and just two hours ago minted another 250 million USDC. This continued USDC minting activity has occurred against the backdrop of impressive overall growth of Solana’s stablecoin ecosystem. Over the last six … Read more
In an astonishing instance of memecoin speculation, a famous crypto trader known as shatter.sol has now fully exited their position in $TRUMP, reaping a massive $35.01 million profit in the process. That sale, executed eight hours ago, marked the end of an exceptionally lucrative trade with an unbelievable 163x return on the initial investment. At … Read more
BRICS is focusing on investment partnerships over currency unification, Russian officials indicated, as discussions around reducing reliance on the U.S. dollar continue amid global economic shifts. Russia Puts BRICS Currency Speculation to Rest—Here’s the Bloc’s Real Financial Agenda Russian spokesman Dmitry Peskov stated on Jan. 31 that BRICS is currently not considering a shared currency, … Read more
Once again, the cryptocurrency sector finds itself embroiled in a controversy, this time around a prominent influencer in the CryptoTwitter space, MrPunk.Eth. The influencer gave birth to his own token, $GANG, with promises attached of huge profits for his unsuspecting followers. What began as a superhyped-to-the-max community project has rapidly devolved into what many will … Read more
In the stablecoin market, USDC is taking the lead and raking in the cash. Since the beginning of the year, it has seen its market cap grow by an impressive 18 percent. With that, it has stepped ahead of several competitors. And where clear regulations were becoming a bone of contention for the next stablecoin … Read more
The digital currency sector is not fazed by the Federal Reserve’s recent decision to stop cutting interest rates—a move that has historically influenced asset pricing across financial markets. —But is crypto really showing signs of resilience, or is something else going on? After all, it’s not as though the Fed’s monetary policy is no longer … Read more
Stablecoin adoption on Arbitrum has reached new heights, with over 1.3 billion USDT now minted on the platform. This makes Arbitrum the clear front-runner among all Layer 2 networks when it comes to the liquidity and adoption of stablecoins. It also cements Arbitrum’s status as a leading scaling solution in the Ethereum ecosystem, one that … Read more
Cryptocurrency trading carries a basic tension: acts of high-risk, high-reward trading can lead to huge gains, but they can also end in devastating losses—instead of trading, you’re being traded upon. Two traders who hold billions of PEPE tokens have shown this week what happens when well-timed, high-reward trades lead to next-level profit-taking. These two traders, … Read more
