Trump-Backed WLFI Suffers Major Losses Amid Crypto Downturn
TL;DR World Liberty Financial (WLFI) has faced significant losses in its digital asset portfolio, with a 21% decline resulting in an unrealized loss of $51.77...
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Crypto Market in Free Fall: $2.32 Billion Liquidated in Just 24 Hours
TL;DR The market experienced a total of $2.32 billion in liquidations, with $1.93 billion in long positions and $391.10 million in short positions, making it...
Major Token Unlocks: $330 Million in Crypto Set to Hit the Market
TL;DR Four crypto projects—Optimism (OP), Sui (SUI), ZetaChain (ZETA), and DYDX (DYDX)—are set to unlock tokens worth $330 million this week, impacting market dynamics. Token...
Illinois Leads The Crypto Revolution: Proposing A Strategic Bitcoin Reserve In Its State Treasury
TL;DR Illinois introduced Bill HB1844 to establish a strategic Bitcoin reserve as an innovative tool within its state treasury. Arizona and Texas are also advancing...
Jupiter Exchange Bets Big on Viral Cryptocurrencies with the Acquisition of Moonshot
TL;DR Jupiter Exchange acquires a majority stake in Moonshot, a popular app for meme coin trading. Technological integration will enhance Moonshot’s security and accessibility, facilitating...
Vitalik Buterin Warns About the Dangers of Political and Meme Cryptocurrencies
TL;DR Buterin criticizes the destructive impact of coins like TRUMP, which enable scams and political corruption. He highlights a regulatory loophole created by former SEC...
US Revokes Sanctions Against Tornado Cash: A Milestone for Privacy Technologies in Crypto
TL;DR A Texas court overturns Treasury Department sanctions against Tornado Cash, paving the way for more favorable regulations for privacy technologies. The initial sanctions accused...
Utah Proposes Investing Public Funds in Cryptocurrencies
TL;DR The proposed bill allows the state treasurer to invest up to 10% of various public funds in digital assets. Digital assets must meet strict...
Crypto Market: Record Inflows Driven by Euphoria Following Trump’s Inauguration
TL;DR The crypto market recorded record investment inflows of $2.2 billion, driven by euphoria following Trump’s inauguration. Bitcoin led the inflows with $1.9 billion, while...
The Shift in Strategy of Crypto Scammers: Telegram Becomes the New Target for Cybercriminals
TL;DR Crypto scammers have shifted their activity to Telegram, using sophisticated malware instead of traditional phishing methods. The use of fake verification bots is the...