Latest News

25 December

Scammers Steal $500K in X Account Hacks and Meme Coin Scams, Reports ZachXBT

A new report from blockchain investigator ZachXBT reveals that scammers have managed to steal over $500,000 through a combination of breached X (formerly Twitter) accounts and fraudulent meme coin schemes. The report highlights the growing risks of social media exploitation in the cryptocurrency space, as cybercriminals continue to target both high-profile accounts and unsuspecting users. The Rise of X Account …

25 December

Sui (SUI) Price Set to Surge: Break Above $5.0 Looms as On-Chain Activity Soars

Sui (SUI), one of the fastest-growing cryptocurrencies, is showing strong bullish momentum as it approaches a key price level. With on-chain activity hitting new highs, analysts predict that SUI is poised to break above the critical $5.00 mark, marking the beginning of a new price rally. The Surge in On-Chain Activity Recent data shows a significant increase in on-chain activity …

25 December

MoonPay Set to Acquire Helio Pay for $150M in Bold Crypto Payment Expansion

In a significant move to strengthen its position in the cryptocurrency payments space, MoonPay has announced plans to acquire Helio Pay, a leading crypto payment platform, for $150 million. The acquisition represents a bold step forward as MoonPay continues its mission to simplify and expand the global use of digital currencies for everyday transactions. Expanding MoonPay’s Global Footprint MoonPay, known …

25 December

Montenegro’s Constitutional Court Denies Do Kwon’s Appeal Against Extradition Ruling

In a decisive move, Montenegro’s Constitutional Court has rejected an appeal by Do Kwon, the founder of the collapsed Terraform Labs, against his extradition to the United States. This ruling marks another significant chapter in the legal battle surrounding Kwon, who faces charges related to the $60 billion collapse of the TerraUSD stablecoin and its sister cryptocurrency, Luna. Kwon’s Legal …

25 December

“Argentina Freezes $3.5M in USDT Tied to Rainbowex Ponzi Scheme”

In a major move against cryptocurrency fraud, Argentina’s financial authorities have frozen $3.5 million worth of USDT (Tether) linked to the notorious Rainbowex Ponzi scheme. This marks a significant escalation in the country’s crackdown on illicit crypto activities as regulators work to protect investors and maintain the integrity of the digital asset market. The Rainbowex Ponzi Scheme Rainbowex, an unregistered …

25 December

WhiteRock Launches DeFi Platform to Tokenize NYSE, Nasdaq, and LSE Securities

In a groundbreaking move that bridges traditional finance and decentralized finance (DeFi), WhiteRock has unveiled a cutting-edge platform aimed at tokenizing securities from major global stock exchanges, including the NYSE, Nasdaq, and LSE. This initiative is set to redefine how investors interact with traditional assets, leveraging blockchain technology to unlock new possibilities in the financial world. The Vision Behind WhiteRock’s …

25 December

“Debunked: 11 Biggest Enterprise Blockchain Myths of the Decade – Forrester Report”

Blockchain technology has been one of the most transformative innovations of the past decade, capturing the imagination of businesses worldwide. However, alongside its rise, several myths and misconceptions about its capabilities and limitations have taken root. In a recent report, Forrester Research tackled the top 11 myths surrounding enterprise blockchain, shedding light on the reality behind the hype. Myth 1: …

25 December

El Salvador’s Bukele Eyes 2025 Russia Visit: Could Bitcoin Be on the Agenda with Putin?

El Salvador’s President Nayib Bukele, the world’s first leader to make Bitcoin legal tender, may be setting his sights on an official visit to Russia in 2025. As speculation mounts about the purpose of such a trip, many are wondering if cryptocurrency, particularly Bitcoin, could become a key topic of discussion between Bukele and Russian President Vladimir Putin. Bukele’s Bitcoin …

25 December

South Korea’s Crypto Boom: 15M Investors Push Trading Volumes to Rival Stock Market

South Korea is cementing its position as a global cryptocurrency hotspot, with the number of crypto investors surging past 15 million. In November alone, trading volumes across major exchanges approached levels comparable to the nation’s stock market, underscoring the growing integration of digital assets into mainstream finance. A Nation Embracing Crypto South Korea has long been a significant player in …

25 December

Bitcoin ETFs Bleed $1.5 Billion in Record Outflows, Largest Since Trump Era

In a stunning turn for the cryptocurrency market, spot Bitcoin ETFs have shed a staggering $1.5 billion in just four days, marking the most significant outflow streak since the aftermath of Donald Trump’s 2016 election victory. The sell-off has left investors and analysts scrambling to determine the underlying causes and potential repercussions for the broader market. Market Reaction and Implications …