Tag: News

Solana Has ‘Many Flaws’, Claims Crypto Fund Founder

In a thread shared on X, Justin Bons—Founder and Chief Investment Officer of Cyber Capital, a fund he describes as Europe’s oldest cryptocurrency fund—set out a pointed critique of the Solana blockchain. He accuses Solana of suffering from numerous flaws, including repeated network outages, centralizing pressures through demanding hardware...
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Robinhood CEO Vlad Tenev Reveals What He’s ‘Most Excited’ About As Crypto Revenue Skyrockets 8X, Stock Surges 15% After Hours

Robinhood Markets Inc. (NASDAQ:HOOD) reported a more than fivefold jump in cryptocurrency volumes in the fourth quarter. What happened: The trading platform released its quarterly financials after Wednesday’s market close and disclosed a cryptocurrency notional trading volume of $71 billion, up 400% year-over-year. The volume surge helped boost cryptocurrency-related...
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Fake Barron Trump Memecoin Promoted After World Liberty Financial’s Co-Founder’s X Account Hacked: Do Not Engage Warning Issued

The X account of the co-founder of the President Donald Trump-backed World Liberty Financial was hacked Wednesday to promote a fake meme coin associated with Barron Trump, Trump’s youngest son. What Happened: World Liberty Financial confirmed that Zach Witkoff’s account was breached to shill the fraudulent cryptocurrency and warned users not...
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Bitcoin, Ethereum, Dogecoin Spike Amid Hotter-Than-Expected Inflation Numbers: ETH’s Decisive Move Above $3,000 Could Restore Confidence, Says Analyst

Leading cryptocurrencies gained on Wednesday, defying stock decline amid higher-than-expected inflation data. Cryptocurrency Gains +/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) +1.68% $97,612.38 Ethereum (CRYPTO: ETH)                +4.27% $2,718.34 Dogecoin (CRYPTO: DOGE)           +4.11% $0.2628 What Happened: Bitcoin sailed above $98,000, following a 31% jump in trading volume....
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