Author: John Smith
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI climbs watchlists with $21m raised, while Litecoin lags, waiting for a shift that may not come. Lightchain AI is garnering significant attention in the blockchain space, securing top positions on watchlists and establishing itself as a promising emerging platform. With all 15 stages successfully completed and a Bonus Round now underway at a fixed price of $0.007, the project has raised nearly $21 million, supported by a notable increase in wallet activity from active buyers. Driven by…
Hearings on the Digital Asset Market Clarity Act took place on June 4, 2025. The bill is a bipartisan legislation clarifying the market structure for digital assets. Before the hearings, Democrats accused the Securities and Exchange Commission of withholding crucial info from them while providing it to Republicans. Will the political tensions stall innovation? “The worst technical assistance briefing” The SEC was thought to provide House members with consultations before the hearings. However, according to House Democrats, whose names are not disclosed, they were left out of the proper assistance. CoinDesk names Crypto Task Force’s Landon Zinda as the person…
The embattled crypto exchange WazirX has hit another bump in the road, with a recent decision from Singapore’s High Court dealing a blow to its ongoing recovery efforts. According to the latest announcement from Indian crypto exchange WazirX, the Singapore High Court has issued an order declining its proposed restructuring plan. The court’s decision marks a major setback for the exchange, which has struggled to regain its footing since suffering a devastating $230 million hack in July 2024. “The Honourable Singapore High Court issued an order declining to approve our proposed restructuring plan,” wrote the exchange, expressing its disappointment with…
Dune analytics showed over 60% of pump.fun traders experienced losses, while 311 wallets have earned over $1 million in the last six months. According to recent data from the on-chain analytics platform Dune, more than 2.4 million wallets or around 56% of pump.fun traders have experienced losses amounting to at least $1,000 in the last six months. Meanwhile, only 311 wallets were able to make more than $1 million by investing in meme coins launched on the platform. The large gap between profit and loss on the meme coin platform indicates that most traders on the meme coin site have…
MXC price has reclaimed a key level around $0.0040 and keeps holding above it, potentially printing a higher low and keeping on track to resume the uptrend. Moonchain (MXC) has surged 70% in the past 24 hours and is currently trading at $0.0042. The token is rebounding strongly after a sharp pullback to $0.0023, following a parabolic rally that saw its price skyrocket from around $0.0010 to a peak of $0.0061 in just two days — a 500%+ gain. The trading volume is still elevated compared to the pre-breakout levels, indicating sustained interest and the potential for continued volatility. Looking…
Hong Kong’s financial regulators move to expand the city’s digital asset scene with fresh trading options for qualified investors. The secretary for Financial Services and the Treasury of Hong Kong, Christopher Hui Ching-yu, has reportedly announced regulatory plans by the Securities and Futures Commission (SFC) to introduce virtual asset derivatives trading for professional investors within the region. According to local reports, the move is aimed at enriching offering options for investors within the local market. Coming on the heels of the commission’s April greenlight for licensed crypto firms to provide staking services, the decision is a part of the city’s…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Memecoins are back in the spotlight, and Pepeto, built on Ethereum with real utility, is emerging as a serious contender in the next wave of crypto growth. Fartcoin and Bonk have surged this week, spotlighting the growing strength of memecoins. However, for investors thinking long term, Pepeto is beginning to stand out as the most promising crypto under $1. The market has been uncertain, with global economic concerns and trade tensions affecting overall investor sentiment. But even in shaky…
VERA, a secure B2B messaging platform, has partnered with decentralized identity infrastructure provider cheqd to bring verified digital identity into business communications. In a press release shared with crypto.news, VERA announced that it has integrated cheqd’s decentralized identity stack, including Verifiable Credentials, AnonCreds, and DID-linked resources. This lets VERA users authenticate counterparties in real time, helping reduce risks in industries like construction, procurement, and finance where fraud and timing are serious concerns. It also allows for fast onboarding of new suppliers, secure sharing of documents, and fraud-resistant invoicing, all through a single, encrypted platform. “cheqd’s infrastructure allows us to not…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The recent Movement Foundation (MOVE) token meltdown, where a market maker seemingly dumped millions of tokens immediately after listing, is yet another case study in web3 market dysfunction. Crypto is rooted in innovation and technical rigor, but too often, it lacks something more fundamental: operational and financial maturity. Most web3 tokens are launched by teams with strong technical ability, but less financial experience or discipline. These are teams of engineers and visionaries—builders with deep protocol expertise but…
Singaporean meme coin-focused startup MemeCore is planning to enter the Korean market by purchasing an company listed on the Kosdaq stock exchange. According to a recent press release from the company, the layer 1 blockchain project declared that it is currently in the negotiation phase of the acquisition of a South Korea-listed company. The firm declares it is in the process of reviewing several company listed on one of the leading stock exchanges in the country. At press time, the company has not unveiled the name of the Kosdaq-listed company it plans to purchase. However, it has revealed what it…