Solana’s defenders highlight its tech and innovation, arguing meme coin chaos doesn’t define the chain’s potential or progress The Solana blockchain has come under fire, with critics calling it a breeding ground for speculative assets. However, Helius Labs CEO Mert Mumtaz argues that the chain is being unfairly blamed for...
Ethereum Layer 2 Platform Abstract Reports $400K Crypto Breach in Cardex Incident
A shared session signer wallet and exposed private key in Cardex's front end led to a large-scale crypto theft. Ethereum Layer 2 platform, Abstract, has released an initial post-mortem on a security incident that resulted in the compromise of approximately $400,000 worth of ETH across 9,000 wallets interacting with Cardex,...
Wintermute Wants to Expand Crypto Market Making Services to The US: Report
Wintermute’s CEO says the company’s expansion to the U.S. follows favorable regulatory changes in the country. The leading cryptocurrency market maker, Wintermute, has revealed plans to expand its business to the United States amid the emergence of a more favorable environment for digital assets in the country. Wintermute’s CEO Evgeny...
Barstool Founder Launches and Dumps GREED Meme Coin in Just 1 Hour
Portnoy called meme coins a "greed-driven ecosystem," launching $GREED as a social experiment before selling his holdings. Barstool Sports founder Dave Portnoy launched a meme coin called $GREED today from his official wallet. However, he sold his entire position an hour later, causing the token’s value to crash by more...
Did Donald Trump Endorse Ripple (XRP)? The Crypto Community Reacts
Trump seems pleased with Ripple reinforcing its operations on American soil. TL;DR Donald Trump’s endorsement of Ripple on Truth Social, where he shared articles about the company’s US expansion, has fueled speculation within the XRP community about a potential price surge. Ripple CEO Brad Garlinghouse’s meeting with Trump at Mar-a-Lago...
CZ to Donate BNB And Other Tokens to TST And Broccoli Victims
CZ donated $100,000 in BNB to LIBRA victims, and crypto users have sent him much more than he contributed; however, he is keeping none of the tokens. Changpeng Zhao, founder and former CEO of the world’s largest crypto exchange, Binance, has decided to donate tokens he received from anonymous market...
Chainlink’s MVRV Ratio Signals Selling Exhaustion: What’s Next for LINK?
Despite a decline, LINK whales have continued their accumulation spree. Chainlink’s (LINK) sharp 40% decline over the past month now raises questions about a potential rebound. The downturn coincides with a network contraction, indicating reduced activity. The token is currently trading at a little over $18. However, certain factors signal...
Binance US Reinstates USD Services After Nearly 3 Years
The services were halted in June 2023. The US arm of the world’s largest cryptocurrency exchange has restarted all USD-based services for local investors after a nearly three-year hiatus. The announcement, shared by the company earlier today, indicates that the services are operational as of February 19 and will be...
How One Crypto Trader Sniped TRUMP at Launch and Made $109 Million (Bubblemaps Investigates)
Despite strong blockchain ties, Naseem has refuted insider trading claims, and insisted that he discovered the TRUMP launch through on-chain activity, and not private tips. Bubblemaps, in collaboration with popular YouTuber Stephen Findeisen a.k.a. Coffeezilla, has identified pseudonymous crypto trader Naseem as the likely account that profited over $100 million...
