Illicit Crypto Use Hits $51 Billion In 2024 But Shrinks To Three-Year Low In Market Share

Illicit cryptocurrency transactions surged to an estimated $51 billion in 2024, according to blockchain analytics firm Chainalysis. Despite this sharp rise in volume, illicit crypto activities accounted for only 0.14% of the total market, marking the lowest share in three years. In comparison, illicit crypto activities accounted for 0.61% in 2023, approaching the 2021 low … Read more

Ethereum Contender Slated to Redefine Decentralized Finance Lightchain AI Presale

PRESS RELEASE. The future of decentralized finance (DeFi) is here, and it’s called Lightchain AI. With its groundbreaking fusion of blockchain and artificial intelligence, this revolutionary platform is set to shake up the landscape, offering tech enthusiasts and savvy investors an unparalleled opportunity to be part of history in the making. And there’s no better … Read more

US law firm targets legal action against Solana memecoin launchpad Pump.fun

A US-based crypto law firm has announced plans to initiate legal action on behalf of investors who incurred losses due to the Solana memecoin launchpad, Pump.fun. According to Burwick Law’s X post, the firm has been working alongside people who have lost significant amounts of money to memecoins, rugs, and unfulfilled promises. The company urged … Read more

Pound Sterling retraces on slower than projected UK GDP growth, weak factory data

The Pound Sterling drops as the UK GDP rose at a slower-than-expected pace, and factory activity contracted in November. Traders have raised BoE dovish bets for February’s policy meeting. Investors await the US weekly jobless claims and Retail Sales data for December on Thursday. The Pound Sterling faces selling pressure in Thursday’s European session after the … Read more