Study: 98% of Binance-Listed Tokens Dump After Pump
While Binance remains the most prominent exchange for token listings, a study by CryptoNinjas and Storible revealed that 98% of tokens listed on the exchange eventually dump, despite experiencing a strong initial price surge. The study found out that tokens…
Metaplanet Borrows $13.5 Million (¥2 Billion) to Buy More Bitcoin
Japanese hotel developer and bitcoin treasury firm Metaplanet is borrowing ¥2 billion or roughly $13.5 million to buy more bitcoin (BTC). The company posted the announcement via its X account on Tuesday evening. Metaplanet currently owns 2,888 BTC and recently…
$USDT Issuer Tether Records $13B Profit in 2024 Alone
After an auditing process for 2024, Tether Holdings Limited, the company behind the U.S. dollar-pegged stablecoin $USDT, reported a yearly net profit exceeding $13 billion and achieved all-time high records in the fourth quarter, according to the global independent accounting…
SOL Strategies to Control Over 3.3 Million Staked SOL Following Major Validator Acquisition
Sol Strategies has signed a definitive agreement to acquire three Solana validators, including the prominent Laine validator, and the analytics site Stakewiz.com. This move significantly boosts its staked SOL to 3.3 million and enhances its institutional staking services on the…
Bybit CEO Ben Zhou Warns Pi Network is More Dangerous Than Meme Coins
“Pi Network is more dangerous than meme coins.” This was what Bybit CEO Ben Zhou boldly declared during an interview with Vietnamese newspaper VnExpress. On February 2025, Zhou said that his crypto exchange would not list $PI because Pioneers, or…
California Shuts Down 42 Crypto Scam Sites—$6.5M Stolen in Massive Fraud
California has shut down 42 fraudulent crypto websites, exposing a $6.5 million scam that drained victims of an average $146,306 each. 42 Fraud Sites Dismantled—How Scammers Built Fake Crypto Worlds to Steal Millions California Attorney General Rob Bonta announced on…
Duterte’s Arrest Sparks Solana Memecoins, But Almost Nobody’s Buying
Shortly after former Philippine President Rodrigo Duterte was arrested based on an International Criminal Court (ICC) warrant, crypto enthusiasts swiftly launched Duterte-themed memecoins on the Solana-based Pump.fun platform. Despite the high-profile news, however, these memecoins have failed to attract significant…
Congress Torches IRS Crypto Rules in Major Win for Digital Assets
Congress just delivered a massive win for crypto innovation, overturning the controversial IRS crypto rules that critics say stifled digital asset growth and pushed development overseas. US House and Senate Overturn IRS Crypto Rules, Easing Compliance Burdens The U.S. House…
SEC Acting Chairman Says Digital Assets Regulation Push A ‘Mistake’
The American securities regulatory body is currently considering a new proposal to change the definition of “exchange”. The new definition would affect businesses dealing with cryptocurrency trading. Summary Mark Uyeda proposed changes in the previously proposed changes in the “Exchange”…
Blind Signing Vulnerabilities: ZKPs Offer Potential Fix After Bybit Hack
The hackers behind the Bybit hack have managed to cash out approximately $300 million of the stolen $1.4 billion in digital assets, despite industry efforts to prevent them.The hack has sparked debate about how Web3 firms can prevent similar attacks…
