An X account impersonating Hong Kong’s Chief Executive, John Lee Ka-chiu, launched a fake national cryptocurrency on Solana’s token launchpad Pump.fun. The account promoted the token to its thousands of followers, seemingly aiming to capitalize on the recent Political memecoin frenzy. Related Reading: ‘Pieces’ Of SEC’s Crypto Framework Will Be Established This Year, Commissioner Peirce […]

A meme coin launchpad has suffered a major security breach, with an insider allegedly siphoning off thousands of dollars worth of cryptocurrency. Related Reading: Crypto Crackdown Or Clarity? CFTC And SEC Evaluate Regulations Pond.fun, a platform built on Linea, lost 64.8 Ether in what appears to be an attack from within. The stolen funds, worth […]

On-chain data shows the Bitcoin network is continuing to see adoption amid the volatility, except for one investor group that’s seeing a decline. Bitcoin Addresses With 100+ BTC Are Shrinking In Number In a new post on X, the on-chain analytics firm Santiment has talked about how the adoption of Bitcoin has recently been coming […]

On-chain data shows the Bitcoin Hashrate has made some notable recovery recently, a sign that optimism may be returning among the miners. Bitcoin Hashrate Has Been Recovering From The Crash The “Hashrate” is a metric that keeps track of the total amount of computing power that the miners as a whole have connected to the […]

In a newly released market perspective titled Solana vs. Ethereum Decentralized Finance, global investment firm Franklin Templeton sheds light on the increasingly competitive landscape in decentralized finance (DeFi). According to the document, “DeFi protocols have rapidly become foundational primitives within crypto economies,” as these blockchain-based applications leverage self-executing smart contracts to deliver financial services without […]