FTX, the bankrupt crypto exchange, is trying to get its money back from Anthony Scaramucci and his hedge fund company, SkyBridge Capital. FTX Claims “Investments” Were Actually Influence Buying FTX’s lawyers say that Sam Bankman-Fried (SBF), the former FTX CEO, spent a lot of money on “investments” that were really just a way to buy…
Cardano, a popular cryptocurrency, has seen a massive price increase recently, jumping 32% in the last 24 hours. This surge is fueled by speculation that Cardano founder Charles Hoskinson could be appointed as President Trump’s advisor on cryptocurrency policy. Hoskinson’s Vision for Crypto Regulation Hoskinson has confirmed that he’s interested in working with the Trump…
The crypto market is buzzing with excitement, and meme coins are no exception. One analyst, CoreCrypto1, has predicted a massive 160% surge for a new meme coin called DOGS. DOGS: A New Kid on the Block DOGS is a relatively new meme coin, launched in July 2024 on the TON blockchain. Inspired by the Spotty…
A crypto mixer founder is going to jail for 12.5 years after being convicted of money laundering. This sends a strong message that the US government is serious about cracking down on crypto platforms used for illegal activities. Crypto Mixer Founder Sentenced The founder of Bitcoin Fog, a crypto mixing service, was sentenced to 12.5…
A Solana-based decentralized exchange (DEX) token, DRIFT, exploded in value after being listed on Upbit, South Korea’s biggest cryptocurrency exchange. DRIFT Takes Off DRIFT, the native token for the Drift Protocol, saw a massive 400% price surge in just 24 hours. The token hit a new all-time high of $2.60 on Friday, up from $0.51…
The US government’s debt has skyrocketed by a whopping $2 trillion since the start of the year, reaching a staggering $35.91 trillion. That’s almost $36 trillion! IMF Sounds the Alarm The International Monetary Fund (IMF) is ringing the alarm bells, warning that the US needs to get its finances in order. They say the current…
A popular cryptocurrency trader is sounding the alarm on a memecoin that’s been on a wild ride. He’s warning that Moo Deng (MOODENG), a Solana-based memecoin, might be due for a big drop. Moo Deng’s Meteoric Rise and Potential Fall Moo Deng has skyrocketed over 2,000% in just two months, reaching a peak of $0.335…
Bitcoin is on a roll, hitting a new all-time high of $77,239.75 on Friday. This surge comes just one day after the US Federal Reserve decided to lower interest rates again. Fed Cuts Rates to Boost Economy The Federal Reserve, the US central bank, voted to cut interest rates by a quarter of a percentage…
A Chinese government official has been sentenced to life in prison for selling state secrets to foreign contacts. The official, identified as Wang, was motivated by massive losses incurred from cryptocurrency investments. From Good Citizen to Espionage Wang, described as a well-regarded employee by his colleagues and family, turned to online forums to find a…
Bitcoin is on fire! It’s been breaking records for three days straight, hitting new all-time highs. This surge is fueled by a mix of political and economic events, like Donald Trump’s election win and the Federal Reserve’s recent interest rate cut. Bitcoin Enters Price Discovery Mode This recent surge has pushed Bitcoin into “price discovery”…
