Author: John Smith
Breaking Bad actor Dean Norris says his account was hacked to promote DEAN meme coins, which reached a market cap of more than $8 million. On Jan. 25, Dean Norris’ crypto account was hacked to promote a meme coin created in his likeness, DEAN, taking advantage of the actor’s celebrity status as part of a pump and dump scheme. The hackers used a photoshopped picture of Norris holding a notepad showing “$DEAN” and the launch date, leading users to believe Norris had launched his own meme coin and was promoting it on his social media. When asked for more proof,…
The U.S. has added Sophgo Technologies, the AI chip firm owned by Bitmain co-founder Zhan Ketuan, to its trade blacklist. The U.S. has blacklisted Sophgo Technologies, the AI chip company founded by Bitmain co-founder Zhan Ketuan, over concerns its chips might end up in Huawei products, dodging sanctions. According to a Financial Times report, U.S. officials believe that Sophgo was “acting at the behest of Beijing” to boost China’s chipmaking capabilities. The report also mentions a tough time for Bitmain when Zhan shifted focus to AI chips, causing some internal struggles. The trouble started when Zhan shifted resources to AI…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With FX Guys nearing $5 million in its presale funding, it could be the next big crypto investment for eager investors. Among the ways to know how promising a crypto project is going to perform is through its presale performance. And so FX Guys (FXG), a brand new cryptocurrency project, has been sensational since the onset of the presale. It has shown tremendous progress as more investors embrace its token. As of now, the presale has realized a dramatic…
A Russian lawmaker has emphasized the digital ruble’s role in helping businesses bypass sanctions and streamline operations. Russia’s central bank digital currency — also known as the digital ruble — will simplify life for entrepreneurs, especially those impacted by sanctions, according to Artem Kiryanov, deputy chairman of the State Duma’s economic policy committee. In an interview with Russia’s news agency, Kiryanov explained that the digital ruble offers a big advantage for entrepreneurs, particularly those engaged in foreign trade. “Using the digital ruble will primarily help entrepreneurs dealing with cross-border economic activities. It will ease operations amid sanctions.” Artem Kiryanov He…
Brazilian regulators have found that World Network, formerly Worldcoin, may have influenced user consent by offering financial incentives for collecting biometric data. According to Brazil’s data protection watchdog, Autoridade Nacional de Proteção de Dados, this practice could compromise the validity of consent, as the financial compensation offered—such as its native ecosystem token Worldcoin (WLD)—may unduly influence individuals, particularly those in vulnerable circumstances. For context, World Network aims to create a universal digital identity and financial system by verifying individuals as unique human beings through iris scans conducted with its proprietary “Orb” technology. The project, co-founded in 2019 by OpenAI CEO…
As of Jan. 21, Solana saw $120.6 billion in its DEX trading volume, a 323.3% premium over the last seven days. Now, analysts wonder if it can compete with Ethereum and position itself as the top Layer 1 blockchain in 2025. According to data from DeFiLlama, Ethereum (ETH) weekly DEX trading volume ballooned to $24.7 billion, an uptick of 47.58%. Compared to Solana, this surge was largely driven by Uniswap, which accounted for over 73.7% of the trading volume and contributed $17.46 billion to Ethereum’s DEX activity. Solana vs Ethereum weekly DEX volume growth highlights Solana’s dominance with a significant…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XYZVerse is gaining attention as a promising cryptocurrency, blending sports and meme culture with the potential for significant returns. Missing out on Dogecoin’s rise left many wishing for another chance. XYZVerse is now making waves with an astonishing potential of up to 25,000% returns. This could be the opportunity to get in early on a new project. The article explores what sets XYZVerse apart and why it might be the next significant player in cryptocurrency. XYZ: The meme coin…
Inflows into spot Bitcoin exchange-traded funds in the United States tapered off over the past week, starkly contrasting the expectations of the crypto community following President Donald Trump’s inauguration. According to data from SoSoValue, the 12 spot Bitcoin ETFs experienced a slowdown in inflows over the past week, attracting approximately $1.76 billion from investors—around 10.5% less than the $1.96 billion recorded the previous week. These investment products reportedly drew over $1 billion on Jan. 17, marking their highest inflow since the beginning of the year, just ahead of Trump’s presidential inauguration. However, to the crypto community’s astonishment, inflows into the…
Wallet addresses holding at least $100 in Bitcoin are approaching all-time highs as per a recent report by Binance. On-chain data shows a major increase in small Bitcoin (BTC) holders, showing a surge in renewed interest and optimism for BTC. This retail growth goes parallel to the institutional adoption driven by BTC ETFs, which saw holdings double from 650,000 BTC to over 1,250,000 BTC throughout 2024. The expanding retail presence comes as BTC shows strong holder behavior, with over 50% of BTC remaining unmoved for more than two years. Market metrics support this retail momentum, with 86% of BTC currently…
A crypto token on Solana was advertised on Visa’s official Facebook account on Jan 27, 2025, while another Solana-based meme coin FAFO Barron shot up over 250% in a short span of a few hours after President Donald Trump posted a picture. Visa’s Facebook compromised in crypto scam On Jan. 27, hackers compromised Visa’s official Facebook page in a cyberattack and used it to promote a suspicious Solana-based token trading under the ticker $VISA. The price of the token surged before collapsing, a signature of a rug-pull scam. A rug-pull refers to a scam in which developers of a token…