Some of crypto’s best meme coins have been rocked by a sharp downturn, with tokens like Pepe, Bonk, and Floki suffering catastrophic losses. Hailed as the tokenized epitome of internet culture and speculative euphoria, holders of these tokens now wonder if there is much future in them. Over the past week, Pepe ($PEPE) has plummeted […]
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Category: Cryptocurrencies
Solana ‘Falling Wedge’ Pattern Points to $300 Breakout – Analyst Calls This a Must-Watch Setup
The performance of Solana (SOL) in the past month has been a bit disappointing although its yearly gains are still robust. A temporary weakness in the meme coin segment – a major source of activity for this layer-one blockchain – could be partially responsible for this decline as market participants have been taking some profits […]
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German Watchdog Orders Worldcoin to Delete Non-Compliant Data, Citing GDPR Violations
Worldcoin, co-founded by Sam Altman, must delete non-compliant data following a German regulator’s ruling for violating GDPR, emphasizing the need for user consent and data erasure rights in its biometric identification practices.
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$HAWK Investors File Lawsuit for $151K Losses After 90% Crash
Investors have filed a federal lawsuit against the creators of the Hawk Tuah ($HAWK) meme coin, claiming $151,000 in losses after a 90% crash attributed to alleged fraudulent practices and a subsequent rug pull.
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Formula 1 And Crypto.com Announce Extended Partnership Through 2023
Formula 1 and Kris Marszalek’s Crypto.com will extend their iconic partnership through 2030, the pair announced in a December 19 press release. Crypto.com And Formula 1 Continue Partnership According to the Thursday press release, the collaboration between the two organizations – who have worked together since 2021 – will feature on creating exclusive fan experiences […]
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Japan’s Ruling Party Still Pushing for Crypto Tax Reform Despite PM’s Caution
Japan’s ruling party, the Liberal Democratic Party (LDP), is still pushing for crypto tax reform in spite of cautious recent statements from Prime Minister Shigeru Ishiba.
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Skynet Secures $1.2M to Advance Decentralized AI Agent Payments Worldwide
Skynet, a decentralized protocol enabling AI agents to access and pay for products and services globally, has raised $1.2 million in pre-seed funding.
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Web3 Security Firm Blockaid Launches Dashboard for Threat Analysis
Web3 blockchain security firm Blockaid has launched a dashboard called State of the Chain, providing a look into 2024 onchain activity and security trends.
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Chainalysis Estimates $2.2B Stolen From Crypto Platforms in 2024
Crypto hacking remains a huge challenge, with the total value of stolen funds surging to $2.2 billion in 2024, a 21.07% year-over-year increase, reports blockchain analytics firm Chainalysis.
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Solana DApp Revenue Soars 15x in 2024, Led by Meme Coins and DeFi
Solana’s decentralized app (DApp) ecosystem exploded in November 2024, reaching a record $365 million in revenue.
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