Earlier today, Argentinian President Javier Milei shared a meme coin called $LIBRA on his X account, stating that it’s a private project dedicated to the growth of the Argentine economy. Within 5 hours, the project erased $4.4 billion from the market. In a since-deleted X post, Javier Milei mentioned that the project aims to “fund…
Participation is proving to be more than just a buzzword—it’s a currency of its own. While Solana’s inflation-cut proposal fell short and Binance Coin saw a temporary price bump from institutional backing, BlockDAG is driving engagement through tangible user incentives. Instead of relying solely on governance votes or large-scale investments, BlockDAG’s Beta Testnet rollout prioritizes…
Crypto and TradFi markets had a strong opening today, as Bitcoin briefly jumped 5% due to optimism about a tariff deal. China and institutional investors in the US wish to avoid a trade war if possible. Despite these encouraging signs, no deal has actually been reached, and Bitcoin also suffered subsequent losses. The whole market…
In a latest development, David Sacks, President Trump’s White House A.I. and Crypto Czar, will host a press conference on February 4 at 2:30 PM ET to discuss digital assets. During the conference, they will outline how the Trump administration and Congress will collaborate to position America as a leader in the digital asset ecosystem. Under…
A Bybit hack exposed $1.4B in crypto flaws, shaking trust in exchange security despite the platform’s ability to cover losses. The hacker exploited multi-signature weaknesses, using phishing and smart contract manipulation to bypass Bybit’s defences. Evidence suggests North Korea’s Lazarus Group is behind the attack, potentially funding state operations with stolen crypto. According to Sport…
THORChain (RUNE) has announced a temporary halt of its THORFi services due to pressing financial challenges, embarking on a 90-day restructuring period to tackle rising debt and payment commitments. What Financial Struggles is THORChain Facing?How Did Bitcoin Loans Contribute to Debt Issues? What Financial Struggles is THORChain Facing? The protocol, which specializes in cross-chain swaps,…
The balance of narratives shifted at the end of 2024, putting the AI agent theme above all others for short-term earnings. AI surpassed even meme tokens as the most actively appreciating token class. The AI narrative achieved the highest returns of 2024, based on a year-end data collection by CoinGecko. AI-themed tokens achieved average returns…
President Donald Trump has reportedly picked republican commissioner Caroline Pham to serve as the acting chair of the Commodity Futures Trading Commission (CFTC). Fox Business journalist Eleanor Terret confirmed the development on X after an earlier report from Bloomberg. Pham’s appointment follows the exit of the former chair, Rostin Benham, a Democrat who said he…
Are you finding the best ICO presale and jump in before the crowd? The crypto market is buzzing with exciting developments, and Qubetics is leading the pack with its innovative approach to real-world asset tokenization. Meanwhile, Sonic is gearing up for its upgrade, and Cosmos continues to strengthen its ecosystem with active community engagement. These…
Shiba Inu’s price jumped 9% following a brief market dip. Several experts have spotted signs of a major cryptocurrency price rally ahead. Multiple SHIB price predictions show promise as the token recovers from its 3.17% drop. Various market analysts believe Shiba Inu will continue its upward trend. Source: Alan Santana Also Read: AI Predicts Dogecoin…
Victoria, Seychelles, January 10th, 2025, Chainwire Bitget, the leading cryptocurrency exchange and Web3 platform, is excited to announce the launch of isolated spot margin trading for the trading pair SONIC/USDT, further expanding its suite of trading options for users. To celebrate the listing of this new trading pair, Bitget is introducing an exclusive perk for…
Solana (SOL) has dropped 20% since closing at $252.42 on January 19, but spot inflows suggest a potential rebound. $16 million in spot inflows on Monday marked SOL’s first major inflow in 10 days, signaling renewed investor confidence. A positive Balance of Power (BoP) at 0.23 confirms increasing buying pressure. Solana (SOL) has been on…
Recently, Bybit faced one of the largest hack attacks to date, with hackers stealing $1.46 billion worth of ETH from the exchange’s cold wallet. While the company claims to have quickly replenished the funds, concerns about outstanding debts remain prevalent among experts. Current Status of the Bybit HackHow Were the Lost Funds Recovered? Current Situation…
Starlink has been engaged in talks to bring the service to new countries with over 1 billion potential new users. It has been negotiating with Morocco, Bangladesh, and Turkey. Progress has also been made in other huge markets like India. However, Musk’s political connections have started to complicate Starlink’s global rollout. Musk’s relations with Trump…
With the asset class expected to surge in value in the coming years, so to will the entities who invest in it. According to Standard Chartered, the number of sovereign wealth funds investing in Bitcoin is expected to continue increasing. Indeed, the $870 billion asset manager forecasts the trend will be a driving force of…
Fairshake, a bipartisan super Political Action Committee (PAC) focused on funding crypto-friendly policies, has raised $116 million in funding for the 2026 US midterm elections. In a statement shared with CryptoSlate, Fairshake said its war chest includes over $11 million in fresh contributions received from major players in the crypto industry, including a16z, Coinbase, Jump…
On January 1, 2025, Ripple will unlock more than $2 billion worth of XRP from an escrow system on the XRP Ledger blockchain. The tokens are set to hit the market in three transactions of 200 million, 300 million, and 500 million XRP. The clock for the three escrows will tick on the first minutes…
Key Points: Binance’s alleged launch of multiple USDT perpetual contracts. Skepticism due to lack of confirmation from Binance. Ongoing demands for transparency in Binance’s communications. Binance USDT Perpetual Contracts Skepticism Binance’s alleged launch of multiple USDT perpetual contracts between March 20 and March 22, 2025, encountered skepticism following reports by PANews on March 20. The…
The crypto market is full of volatility that can often lead to despair if altcoins like Solana (SOL) don’t deliver expected gains. One trader lost $400,000 in SOL trades, as the Solana price tanked. However, the trader was able to minimize their losses thanks to IntelMarkets (INTL), as they racked up a stunning 300% profit….
Congress is taking swift action to shape the future of stablecoins in the crypto world. The House of Representatives just released its version, following the Senate’s recent approval of a similar bill. New Bill to Align House and Senate Efforts This new legislation will set rules for how companies can create and use digital tokens…