Traders lose millions as memecoin downturn deepens
A trader who invested over $1 million in memecoins lost almost 90% of the funds in two days as meme-based tokens dropped.
A trader who invested over $1 million in memecoins lost almost 90% of the funds in two days as meme-based tokens dropped.
Conor Grogan, Director of Product Strategy at Coinbase, has recently linked 430 bitcoin to the now-free former founder and operator of Silk Road, Ross Ulbricht. According to Grogan, these funds are scattered across dozens of wallets that were not confiscated at the time of Silk Road’s takedown operation, and have been untouched for more than … Read more
Yesterday, Eric Semler announced a private bond offering aimed at purchasing more Bitcoin. $SMLR Announces Proposed Private Offering of $75 million of Convertible Senior Notes and Preliminary Unaudited 4th Quarter 2024 Financial Results with Significant Gain from Change in Fair Value of Bitcoin Holdings — Eric Semler (@SemlerEric) January 23, 2025 In total, they would … Read more
Canada’s FINTRAC updates AML strategies, emphasizing cryptocurrency’s role in combating synthetic opioid-related money laundering.
First Web3 Idle RPG Game Goes Live with $Kaia Rewards, NFTs and Limitless Exploration Slime Miner, the first Web3 idle RPG game, is live, merging engaging gameplay with blockchain-based rewards. Built on the Kaia Chain, the game introduces an innovative Play-to-Airdrop system that rewards players for their dedication and activity. Slime Miner is designed to … Read more
In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has officially rescinded Staff Accounting Bulletin (SAB) No. 121, a controversial rule that had long hindered banks from offering bitcoin and crypto custody services. This move, announced on Thursday, signals a significant shift in the SEC’s approach to regulating bitcoin and crypto and paves the … Read more
In two months, Algorand .cwp-coin-chart svg path { stroke-width: 0.65 !important; } Price Volume in 24h <!– ? –> Price 7d turned the corner, and fortunes for ALGO holders changed. Not only did the coin bounce from $0.10 registered in early November but it did so in a spectacular fashion. By the time the world … Read more
MicroStrategy’s Bitcoin portfolio has unrealized gains amounting to more than $19.3 billion.
What do a U.S. President, meme tokens, and cryptocurrency exchanges have in common? Together, they are driving the conversation around mainstream crypto adoption. Donald Trump launched his new meme token $TRUMP on January 18th, just 2 days before his inauguration, while his wife Melania followed suit with $MELANIA on the day of his swearing-in, spreading … Read more
Ross Ulbricht has thanked President Donald Trump for setting him free. Ulbricht described Trump as a man of his word. The dark web founder expressed gratitude to everyone involved in his release. Ross Ulbricht, the creator of the Silk Road dark web market, has publicly thanked President Donald Trump for granting him a full pardon … Read more