Crypto

Bitrace Report Flags $649B in Risky Stablecoin Flows

A new report by blockchain compliance firm Bitrace has revealed that $649 billion in stablecoin transactions passed through high-risk addresses in 2024. The figure accounts for slightly more than 5% of all stablecoin activity for that year, which, while a…

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Trump blames Biden as markets weaken on GDP and tariff turmoil

U.S. stocks closed mixed on Wednesday, wrapping up a turbulent April marked by economic contraction and trade policy uncertainty.  The S&P 500 rose 0.15%, the Nasdaq Composite lost .086%, and the Dow Jones Industrial Average gained 141 points after new…

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Ripple bid up to $5 billion to acquire Circle, offer rejected

Key Takeaways Ripple Labs made an unsuccessful $4 billion to $5 billion bid to acquire Circle Internet Financial. Circle focuses on its IPO and rejected the offer as too low given its USDC market value of $61.7 billion. Share this…

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Crypto

UK Decides To Align With US Rather Than EU Over Crypto Regulation: Introduces New Rules

Amidst fear of losing ground to global fintech hubs, the UK has announced new draft regulations for the crypto sector.  On 29 April 2025, Finance Minister Rachel Reeves said, “Through our Plan for Change, we are making Britain the best…

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Solana

Solana’s Meteora Hit With Lawsuit Over Alleged Meme Coin Scam

Solana-based decentralized exchange Meteora is facing a class-action lawsuit over pump-and-dump claims surrounding the M3M3 meme coin launch. The complaint alleges this led to losses of at least $69 million between December 2024 and February 2025. Rug Pull Allegations In…

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Crypto Whale Nets $153M Profit After Unstaking 100K SOL

A mysterious Solana (SOL) whale has sparked market speculation after unstaking 100,000 SOL worth approximately $13.9 million and depositing it into Binance. The transaction, tracked by blockchain analytics platform Lookonchain, comes after four years of patient staking, with the deep-pocketed…

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XRP, SOL, and DOGE ETFs Among 72 Proposals Awaiting SEC Approval This Year

The US Securities and Exchange Commission (SEC) is preparing to tackle a significant influx of cryptocurrency-related exchange-traded fund (ETF) applications. Currently, 72 such proposals are awaiting approval, ranging from funds that track major assets like Solana (SOL), and Dogecoin (DOGE)…

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Galaxy Research Proposes Overhaul to Solana’s Inflation Voting System

Crypto research firm Galaxy Research has introduced a proposal that aims to reform how future decisions are made about Solana’s token inflation rate. The latest move follows a failed attempt to reach consensus in a previous governance vote. The earlier…

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Crypto

Africa Crypto Week in Review: Bitget Making Moves in South Africa, Coinbase Boosts P2P Payments in Nigeria, Millions of Moroccoans are HODLers

Crypto exchanges Coinbase and Bitget are making significant moves into the African market, focusing on Nigeria and South Africa. These developments come as crypto owners in Morocco are increasing daily despite the country’s restrictions on the sector. Meanwhile, South Africa’s…

Sonic Introduces Its Mobius Mainnet to Serve as a Seamless Extension of Solana

Sonic, the first chain extension built on Solana, launched its Mobius mainnet today (February 27). The blockchain solution aims to extend Solana’s capabilities, enhance scalability, and provide a dedicated layer for high-volume decentralized applications (dApps). Mobius Goes Live According to…

Here’s why OKB price spiked 20% today

OKB token surged more than 20% to hit highs of $61.29 on Jan. 17. The altcoin, native to the OKX exchange, rose as the community reacted to news around Azuki’s Animecoin (ANIME). OKB registered a price surge 20% higher. The…

NFT

Friend.tech returns with Surging NFT Trading Volumes

Friend.tech, the decentralized social media app, has shown an impressive boost in transaction volumes after being virtually dead for some time. Additionally, its popularity is surpassing the trading volumes of NFTs on the Ethereum network. Quick Takes: Friend.tech has returned…

ChartUp – The Best Solana Volume Booster for Meme Coin Growth

In the competitive world of Solana meme coins, trading volume determines success. Without active market activity, even the most hyped projects can struggle to gain traction. That’s where ChartUp, the Best Solana Volume Booster, comes in—helping tokens maximize liquidity, increase…

On-Chain AI Platform Atua AI (TUA) Shapes the Future of Decentralized Intelligence with Advanced AI Solutions

Next-gen AI models drive intelligent automation and real-time decision-making for decentralized enterprises. February 28, 2025 1:00 AM EST | Source: Kaj Labs Seattle, Washington–(Newsfile Corp. – February 28, 2025) – On-Chain AI platform Atua AI (TUA) is shaping the…

SEC: Anti Crypto-Scheme Advisories Aid PH Exit FATF Grey List

Securities and Exchange Commission (SEC) Chairman Emilio Aquino emphasized the Commission’s efforts to expose crypto-related scams and collaborate with media to protect po consumers, aiding the Philippines’ bid to exit the Financial Action Task Force grey list. He mentioned this…

Was Trump’s Inauguration Day the Beginning of the End for Bitcoin?

With many uncertainties regarding the state of the cryptocurrency market after last week’s events, the question arises whether there was a particular point in time that could have signaled the beginning of the end. If we assume that this bull…

‘Buy the Dip’ Interest Spikes, but Santiment Predicts More Pain Ahead

Crypto traders are showing peak confidence in buying the latest market dip, but Santiment data suggests this optimism may be a prelude to more price drops. According to the on-chain analytics platform, discussions about “buying the dip” have reached their…

Remittix (RTX) hits $4m presale as XRP holders take notice

With the cryptocurrency market eyeing a stellar 2025 amid a new wave of optimism, new crypto project Remittix (RTX) is trending. The altcoin looks to have stolen the shine off XRP (XRP) early on as its presale hits $4 million….