Author: John Smith

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana price drops deep on Sunday night as markets lose bull momentum. DTX Exchange remains green as its presale goes viral on X, raising over $12.9 million. Crypto markets seem set to start the last week of January with a bear run, as most altcoins lost bull momentum over the weekend. The prices of majority coins are down by double digits, and there is talk among experts of consolidation as markets correct and long holders face some losses. Solana’s…

HIVE Digital has signed a multi-million deal to acquire a 200 MW mining site in Paraguay, with plans to achieve 25 EH/s by September. Canadian Bitcoin (BTC) mining giant HIVE Digital is set to acquire Bitfarms‘ 200 MW hydro-powered mining site in Paraguay, boosting its mining power to 25 EH/s by September. The power pump represents more than a 400% increase from its current capacity of 6 EH/s, HIVE revealed in a Jan. 28 press release. The facility, called Yguazú, will be developed in two phases. The first phase — which is already 80% complete — is set to go…

Delaware-headquartered Tuttle Capital has filed for leveraged exchange-traded funds based on memecoins, including the Official Trump and Melania Meme tokens. According to Bloomberg analyst James Seyffart, Tuttle has filed for ten 2x leveraged ETFs, covering assets like XRP (XRP), Solana (SOL), Litecoin (LTC), Chainlink (LINK), Cardano (ADA), Polkadot (DOT), BNP, Bonk (BONK), and the Official Trump (TRUMP) and Melania (MELANIA) tokens. Unlike traditional spot ETFs that mirror the underlying asset’s performance one-to-one, leveraged ETFs aim to amplify returns, offering investors the potential to achieve twice the daily performance of the tracked assets while also increasing risk exposure. With this filing,…

Singapore High Court has accepted WazirX’s reorganization plan, which will allow the exchang to repay 75% to 80% of the stolen customer monies. Despite the court’s decision, many victims remain suspicious! A Singapore High Court has approved a payment restructuring plan for the victims affected by the WazirX crypto scam. The restructuring plan was approved on Jan. 23, 2025, under the Company’s Act. 1967, which regulates and sets guidelines on the operation of companies in India. The Singapore High Court also ruled that there was no foul play done by WazirX regarding the hack, as per Crowdfund Insider. On Jul. 18, 2024, WazirX lost over $234 million in multiple crypto assets. The attack was traced back to North Korea’s state-sponsored hacking group, the Lazarus Group. The same group…

Interoperability, privacy, and infrastructure still pose hurdles to retail CBDC adoption, a survey by GlobalData reveals. Central bank digital currencies are still a tough sell, even where they’ve officially launched. GlobalData’s latest survey report reveals that for consumers in many countries, CBDCs just don’t offer enough to make the switch from familiar payment methods, as state-backed digital currencies struggle with a lack of user incentives, privacy concerns, and technological challenges. Blandina Szalay, banking and payments analyst at GlobalData, says the “very limited uptake of CBDC in countries where it fully launched — in the Bahamas, Jamaica, the Eastern Caribbean Currency…

On Jan. 28, KuCoin pleaded guilty to a United States judge for failing to implement proper anti-money laundering protocols and will now have to pay $297 million in fines.  The China-based cryptocurrency exchange KuCoin violated U.S. regulations on money laundering and know-your-customer procedures and admitted guilt to one charge of “running an unlicensed money transmitting business.” As per the official statement from the U.S. Attorney’s Office, the entity operating as KuCoin, PEKEN GLOBAL LIMITED, will be required to withdraw from the U.S. market for at least two years and pay a fine of $297 million.  Danielle Sassoon, the U.S. Attorney…

PayPal USD stablecoin expands to the Cardano ecosystem via a new cross-chain bridge by Wanchain. PayPal USD (PYUSD), a stablecoin issued on Solana and Ethereum chains, can now be accessible on Cardano (ADA) through Wanchain’s interoperability solution, according to a press release Wanchain shared with crypto.news. Wanchain chief executive Temujin Louie says the bridge will give users “more options, increased flexibility and control” while transferring assets across different chains. Cardano’s decentralized finance ecosystem with nearly $447 million in total value locked per data from DefiLlama, will open doors for “greater synergy between networks, fueling innovation and adoption, and ultimately driving…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Pepe Coin holders are turning their focus to Elluminex, a promising new viral coin. Last year saw several crypto assets achieve spectacular growth. The latest bull market only compounded these gains, leaving traders hungry for more. Pepe was among these tokens, increasing over 30,000% in the last few years.  Still, Pepe is currently among the biggest memecoins, but its potential upside is limited. Traders looking for similar gains should look for new projects. One of the most promising ones…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Wall Street Pepe smashes $61 million presale milestone, cementing its status and aiming for more gains. Wall Street Pepe (WEPE) continues to captivate the crypto world, surpassing its $60 million fundraising goal and achieving $61.4 million in ICO. The project has garnered $7.4 million in the past six days alone, bringing the total raised since the presale end-date announcement on January 17 to $11.4 million. This momentum solidifies Wall Street Pepe as one of 2025’s hottest presales, setting new…

Following the TRUMP meme coin’s $72 billion debut, the crypto market was hit with a flood of scams, as 6,800 fraudulent tokens and 91 fake dApps rapidly appeared, analysts say. What starts with a surge of excitement can quickly turn into chaos. The launch of the Official Trump (TRUMP) meme coin in January not only captured the crypto community’s attention but also opened Pandora’s box as fraudsters eager to exploit the hype, overwhelming the market with fake tokens and harmful applications. On Jan. 17, President Donald Trump debuted his meme coin marketed as a unique opportunity to express “support for,…