Pump.fun User Mints 18,000 Meme Coins, Earns $3.76M
A Pump.fun user has apparently been mass-producing meme coins at an astonishing rate, creating nearly 18,000 tokens and amassing at least $3.7 million in profits. Blockchain data shows that the…
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Ethereum Could See a Pullback to $2,500 Amid Whale Absence
After a short-lived rally past $3,700 in early January, Ethereum struggled to sustain its gains and is now 12% below its recently established local top. The leading altcoin’s market sentiment…
Bitcoin DeFi Protocol Velar Unveils .BTC Name Grant Program for Unified Identities on Stacks
The Bitcoin decentralized finance (DeFi) liquidity protocol, Velar, has unveiled the BTC Name Grant Program to unify digital identities on the Bitcoin layer-2 network Stacks and simplify on-chain transactions. According…
Litecoin ETF One Step Closer to Approval: Will the SEC Finally Say Yes?
The Securities and Exchange Commission (SEC) has officially recognized Canary Capital’s proposal for a Litecoin ETF and invited public input as the potential for a US listing grows. Multiple fund…
Bitcoin Shrugs Off Fed’s Rate Decision: Is Crypto Decoupling From Stocks?
After the Federal Open Market Committee (FOMC) announced that interest rates would remain unchanged at 4.25%-4.50%, Bitcoin’s price showed no significant fluctuations. The CME’s FedWatch tool had already projected a…
Elon Musk-Led Tesla Reports Massive $600M Bitcoin Gain in Q4, 2024
Elon Musk-owned electric vehicle maker Tesla reported a $600 million gain on its Bitcoin holdings in Q4, benefiting from a new accounting rule that allows companies to adjust digital asset…
Fed Chair Calls for Crypto Regulation, Warns Banks Against ‘Excess Risk Aversion’
“I do think it would be helpful if there were a greater regulatory apparatus around crypto,” the US central bank chair said at the Federal Open Market Committee press conference…
Former SEC Chair Gary Gensler Returns to MIT to Focus on AI and Finance
After four years of steering crypto regulations and financial market oversight, former U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is returning to the Massachusetts Institute of Technology (MIT).…
Unicorn Fart Dust Creator Breaks Silence After $6.6M Hack
Ron Branstetter, creator of the viral meme coin Unicorn Fart Dust (UFD), announced that his Phantom wallet had been hacked, leading to the loss of $6.6 million worth of UFD…
a16z’s Chris Dixon Blames Policy Failures for Meme Coin Boom
Chris Dixon, founding partner at a16z Crypto, claims that misguided regulations fueled the meme coin explosion witnessed in 2024. The venture capitalist criticized the Biden administration’s approach to digital assets,…
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