Memecoin Programmed with ChatGPT Hits $638M Market Valuation
The cryptocurrency market has witnessed an extraordinary surge in the valuation of a memecoin named Turbo, which was developed using the AI chatbot ChatGPT. From a modest initial budget of…
Vitalik Buterin Advocates Crypto’s Right to Redefine ‘Inflation’
Vitalik Buterin, Ethereum’s co-founder, has recently ignited a discussion about the definition of inflation, claiming that the crypto community has already redefined this economic term in a way that diverges…
$80K Bitcoin Exploit on BNB Chain: Investigating a Potential White Hat Hacker
The BNB Chain recently experienced a potential exploit resulting in the loss of approximately $80,000 in Bitcoin. This amount, while relatively minor compared to typical cryptocurrency exploits, has sparked significant…
HTX Surpasses Coinbase in Daily Spot Trading Volumes
The cryptocurrency trading platform HTX, formerly known as Huobi, has recently surpassed the U.S.-based exchange Coinbase in terms of daily spot trading volumes, marking a significant shift in the competitive…
Sphere Labs Launches Innovative Bank-to-Wallet Service on Telegram
Sphere Labs, a prominent blockchain development company specializing in stablecoin solutions for businesses, has unveiled an innovative service aimed at simplifying financial transactions for Telegram users globally. Sphere Labs has…
Solana Shifts Priority Fee Structure, Allocating 100% to Validators
The Solana community recently passed a significant resolution affecting the network’s financial structure. On May 27, they voted with a 77% majority to allocate 100% of the priority fees generated…
Alleged Mastermind Behind Celebrity Memecoin Scandals Uncovered by Crypto Detective Roxo
In a riveting development within the cryptocurrency community, an 18-year-old X user known as Roxo, who boasts 17,100 followers, claims to have unveiled the identity of the individual orchestrating recent…
YouTube Co-Founder Supports Memecoin Inspired by Platform’s First Cat Video
Steve Chen, the co-founder and former Chief Technology Officer of YouTube, has recently ventured into supporting a unique memecoin project. This project, dubbed Pajamas (PAJAMAS), draws its inspiration from one…
Gopax Sells Half of Genesis Claims to Users Amid Financial Strain
Gopax, a major South Korean cryptocurrency exchange and one of the top five by market share, is reportedly navigating financial turmoil after it sold user deposit claims for only half…
Mt. Gox Transfers $9.6 Billion in Bitcoin, Signaling Repayment Efforts, Trustee Confirms
Mt. Gox, the collapsed cryptocurrency exchange, has made a significant on-chain transaction, consolidating $9.62 billion worth of Bitcoin into a new wallet, sparking hopes among creditors for imminent repayments. This…
The Rise of Memecoins: Dominating the Crypto Open Interest Landscape
The cryptocurrency market has witnessed a remarkable surge in interest surrounding memecoins during this bull season, transforming them from niche internet jokes to formidable players in the digital asset space.…
Rethinking Stablecoins: Agora’s van Eck Critiques Yield-Bearing Models
In the rapidly evolving world of cryptocurrencies, the debate around the true purpose and design of stablecoins continues to intensify. Nick van Eck, CEO of the stablecoin issuer Agora, has…
Gracy Chen’s Vision to Transform the Crypto Industry as Bitget’s New CEO
In a landmark appointment, Gracy Chen has taken the helm as the new CEO of Bitget, a leading cryptocurrency exchange and Web3 company. This change comes as Chen succeeds Sandra…
Anticipation Builds Among Traders for a Major Rally as Altcoins Near Critical Resistance Levels
The cryptocurrency market is abuzz with speculation about the onset of “altseason,” a period characterized by significant gains across altcoins, following Ether’s notable 27% increase over the past week. The…
Normie Memecoin Negotiates with Hacker Following Drastic Market Cap Decline
In a dramatic turn of events, the team behind the Base memecoin Normie (NORMIE) is currently negotiating with a hacker following a significant exploit that led to a staggering $41.7…
Ethereum Nears $4,000 Milestone: The Onset of a Post-ETF Approval Surge?
As trading commenced on May 27, Ether (ETH) is making strides towards the $4,000 mark, experiencing a notable 5% increase within the last 24 hours. This surge comes in the…
Investigation Reveals Memecoin Creators Behind Influencer Account Hack
A new investigation has unearthed a connection between a recent memecoin launch and the hacking of a prominent cryptocurrency influencer’s social media account. Pseudonymous investigator ZachXBT has linked the creators…
Surge in Hacks Targeting Crypto Influencers and Celebrities on X Raises Security Concerns
Over the past weekend, a notable string of X accounts belonging to industry influencers and celebrities was compromised, leading to unauthorized promotions of various cryptocurrencies, including Luna2 and ORDI, as…
Nomura Holdings and GMO Group Collaborate on Stablecoin Initiative in Japan
Nomura Holdings, a global financial services company operating in 30 countries, has partnered with GMO Internet Group to focus on stablecoin development, specifically targeting the issuance of Japanese yen and…
Ethereum Re-Staking Exploit Victim Recovers $7M in Stolen Funds
A significant security breach involving a sophisticated phishing attack resulted in the loss of $6.91 million in liquid staked Ether. The victim, who suffered this considerable financial loss on May…