Crypto Investors Lost Over $500M in Memecoin Rug Pulls and Scams in 2024
More than $500 million was lost to memecoin rug pulls and scams in 2024, according to a report by crypto intelligence platform Merkle Science. The most prolific scams involved social engineering, which is a technique that relies on impersonation and manipulation to gain access to someone’s personal data –...
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Cardano Founder Slams Toxic Governance Tactics, Warns Of Burnout
In a livestream on Monday, Cardano founder Charles Hoskinson delivered a candid and impassioned critique of what he described as “constant unrelenting naked criticism” and “destructive” tactics within the project’s governance discussions. His remarks were prompted by a tweet from a longtime community member, known as ADA North Pool,...
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Here’s why Ethereum price ‘may be primed for rebound’
Ethereum’s recent price decline suggests a potential rebound, with technical indicators hinting at oversold conditions. Ethereum’s (ETH) price has dropped to levels that usually signal it might be ready for a rebound, blockchain firm Matrixport says. In a Feb. 11…...
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Solayer makes Binance debut through airdrop event on Feb. 11
Solayer’s native token, LAYER, is set to make its Binance debut on Feb. 11 accompanied by an airdrop event scheduled one hour before trading starts. According to a recent announcement, Binance users who have BNB subscribed to Simple Earn products…...
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LTC Price Predictions, XRP Targets, and Key Crypto Moves: Bits Recap Feb 11
TL;DR Litecoin (LTC) jumped by double digits to $130, with analysts expecting more gains amid rising ETF approval chances. Ripple (XRP) crossed $2.50, with some market observers predicting a further surge to $3. Bitcoin (BTC) saw a modest 1% gain, but the upcoming US CPI data (Feb 12) is...
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OpenSea Denies Airdrop-Related Talk of Enforced Customer Identification
Non-fungible token (NFT) platform OpenSea denied reports that users claiming a potential airdrop will be forced to complete detailed identification, or know-your-customer (KYC), checks. “This is all completely false,” OpenSea CEO Devin Finzer wrote on X in response to a post that referred to the terms and conditions on...
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Hottest Altcoins to Ride the Cardano ETF Hype
US fund manager Grayscale, one of the first Bitcoin ($BTC) and Ethereum ($ETH) ETF issuers, filed for a Cardano ETF (exchange-traded fund). If approved, it would be the first-ever Cardano ($ADA) ETF. The Delaware Trust Company will act as the trustee for the ETF, and the Coinbase Custody Trust...
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XRP rises despite setbacks, while XYZ gains momentum
XYZVerse rises as the top new sports-fueled meme coin, earning accolades for its sustainable growth and strong community backing. #partnercontent...
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WazirX Offers 85% of Stolen User Funds as Rebalancing Ends
WazirX hack victims will receive 85% of their portfolio value as recorded on Jul.18 as the exchange completed its asset rebalancing on Tuesday, with the first round of distributions slated in April. As of Tuesday, users can see both the U.S. dollar and Indian rupee values of assets that...
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XRP Eyes Recovery After 25% Drop, But Investors Hold the Key
XRP has taken a heavy hit, losing 25% of its value in just one week. The altcoin is trying to recover, but investor confidence is still not that strong. A full comeback now depends upon this particular group of investors. […] The post XRP Eyes Recovery After 25% Drop,...
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