WLFI launched the USD1 token on Ethereum and Binance, although it's not yet tradable. World Liberty Financial (WLFI) – the DeFi venture backed by US President Donald Trump – has launched a stablecoin called USD1. Pegged to the US dollar, the token is designed to function as a digital asset...
Is The Ripple vs. SEC Lawsuit Indeed Over After This Development?
Ripple's CLO informed that the company will pay a minor fine. Last week, Ripple’s CEO, Brad Garlinghouse, made the triumphant announcement that the SEC had dropped its appeal without conditions. Although he declared that this meant the case was finally over after a prolonged battle that began in late 2020,...
Binance Cuts Ties with Market Maker That Gained $38M from MOVE Token Sales
Movement Foundation has cut ties with the market maker and will use the recovered $38 million to buy back MOVE over the next few months. The leading cryptocurrency exchange has offboarded an unidentified market maker that failed to comply with the platform’s rules a few months ago. According to Binance,...
ZachXBT Claims Crypto.com’s Token Re-Issue Is ‘No Different From a Scam’
Crypto.com is under fire after reissuing 70B CRO tokens. Crypto.com is facing mounting backlash from the cryptocurrency community after a controversial decision to reissue 70 billion Cronos (CRO) tokens that were previously burned in 2021. On March 25, prominent blockchain investigator ZachXBT took to X, accusing the exchange of essentially...
Cardano Whales Fill Their Bags: ADA Bull Run Incoming?
One market observer believes ADA could soon reach $1.30 if it doesn't fall below the support level of $0.68-$0.70. TL;DR Whales bought $180 million worth of ADA in the past week, potentially setting the stage for a price rally. Analysts see ADA poised for gains, with projections ranging from $1...
Pi Network (Pi) Price Shocker: 15% Daily Surge, ATH Soon?
PI is among the top-performing cryptocurrencies today (March 13). TL;DR Pi Network’s token has rebounded from recent lows and outperformed major cryptocurrencies like BTC and XRP in daily gains. Analysts predict further upside potential. Speculation is mounting about a potential Binance listing on March 14, while Gemini has hinted at...
Bitcoin Dominance Hits 4-Year High Amid Altcoin Annihilation
Despite Bitcoin’s market correction, the asset remains strong while many altcoins have sunk back to bear market depths. Bitcoin market dominance is currently at a 4-year high of more than 62%, its highest level since March 2021, despite its 29% correction. There was a brief spike above this level on...
EU Regulators Probe OKX’s Web3 Role in Bybit Crypto Laundering Case
OKX has denied involvement in laundering Bybit's stolen funds, and stated that its Web3 wallet operates like other industry-standard self-custody services. European regulators are closely examining the role of OKX in laundering funds from a massive cyber heist on Bybit. National regulatory bodies across the European Union deliberated on the...
HYPE Sinks 8.5% as Whale Liquidation Causes $4M Hyperliquid Vault Loss
Hyperliquid’s HLP vault faced a $4M loss after a whale’s massive ETH position was liquidated, prompting new leverage limits to curb risks. A massive liquidation event involving a whale’s $340 million ETH position has sent shockwaves through Hyperliquid, resulting in an 8.5% price drop for its native HYPE token. The...
$21 Billion to Buy Bitcoin: Strategy Announces Preferred Stock Offering to Fund Additional BTC Purchases
Strategy plans to raise $21 billion through a preferred stock offering, with funds focused on Bitcoin and business expenses. Michael Saylor-led business intelligence firm, Strategy announced today that it has entered into a sales agreement to offer up to $21 billion of 8% Series A Perpetual Strike Preferred Stock, according...
