Crypto news
Thorchain, the interoperability-focused decentralized exchange protocol, is losing key developers as internal disagreements escalate over how to handle illicit funds flowing through the network. The issue gained urgency after reports confirmed that North Korea’s Lazarus Group has been using the protocol to launder Ethereum (ETH) stolen in the recent Bybit hack. Developers Look to Quit Over Failure to Block Illicit Funds Pluto, a core Thorchain developer, announced his...
Read More »This Football Legend Issues a Critical Warning Regarding Fake Meme Coins: Details
TL;DR Ronaldinho alerted the crypto community about fake meme coins using his name, denying any official token launch. The football icon’s past alleged involvement in the “18kRonaldinho” crypto scam, which supposedly defrauded investors of over $60 million, adds skepticism to his latest announcement. ‘Keep an Eye for Fake Meme Coins’ The meme coin sector has been one of the highlights of the last bull cycle in the cryptocurrency market. Contrary to their potential to...
Read More »Over $8 Million Raised in XYZVerse Presale as Token Generation Event Draws Closer
[PRESS RELEASE – Dubai, United Arab Emirates, February 28th, 2025] XYZVerse, a cryptocurrency project that combines elements of sports and meme coins, has raised over $8 million in its presale ahead of the token generation event scheduled for Q2 2025. Nearly $1 million was raised in the past week alone, according to the project’s announcement. The $XYZ token presale is currently in Stage 11 out of 15, with the token price at $0.0025. The presale will conclude upon reaching...
Read More »Consensys and SEC Reach Agreement to Dismiss MetaMask Securities Case
Ethereum co-founder and CEO of Consensys – Joseph Lubin – announced that Consensys and the US Securities and Exchange Commission (SEC) have reached an agreement in principle to dismiss the securities enforcement case concerning MetaMask. The case, which targeted Consensys’ popular cryptocurrency wallet, is expected to be formally closed pending approval by the agency. SEC Ends MetaMask Probe Lubin took to X to express satisfaction with the outcome and stated that while...
Read More »Shiba Inu (SHIB) Might Plunge by Another 30% Before Finding Support (Analyst)
TL;DR According to Ali Martinez, SHIB could find support at as low as $0.0000094. However, a breakout above $0.00001461 could trigger bullish momentum and a 230% price rally. SHIB’s Freefall Could Stop Here The meme coin sector has suffered painful losses following the overall crypto market crash in the past few days. The second-largest asset of that type – Shiba Inu (SHIB) – was among the worst affected, with its price plummeting by 16% weekly and 10% daily. SHIB Price,...
Read More »SEC Moves to Drop Lawsuit Against Consensys
Story Highlights SEC drops lawsuit against Consensys, signaling regulatory shift. Joseph Lubin announces SEC’s withdrawal on X. Consensys calls case dismissal a win for crypto. The U.S. Securities and Exchange Commission (SEC) has decided to drop its lawsuit against Consensys, the developer of MetaMask. MetaMask faced legal action because it violated security standards. The SEC still needs to settle the decision. Joseph Lubin, the founder of Consensys and Ethereum co-founder, revealed the...
Read More »Memeagent Is Gaining Attention – Meeting Chad, the AI Agent That’s Changing the Game
[PRESS RELEASE – Monrovia, Liberia, February 28th, 2025] Chad Leads the Way: AI-Powered Memecoins Are Evolving Memeagent has introduced Chad, an autonomous AI agent designed to bring intelligence and automation to the memecoin ecosystem. While many meme projects rely on fleeting trends, Memeagent is built differently – a fully AI agent-driven ecosystem designed to change the game for good. As AI reshapes the landscape, Memeagent is positioning itself at the forefront of this...
Read More »Memeagent Is Gaining Attention – Meeting Chad, the AI Agent That’s Changing the Game
Monrovia, Liberia, February 28th, 2025, Chainwire Chad Leads the Way: AI-Powered Memecoins Are Evolving Memeagent has introduced Chad, an autonomous AI agent designed to bring intelligence and automation to the memecoin ecosystem. While many meme projects rely on fleeting trends, Memeagent is built differently – a fully AI agent-driven ecosystem designed to change the game for good. As AI reshapes the landscape, Memeagent is positioning itself at the forefront of this evolution. Chad: The AI...
Read More »Meme Coins Do Not Qualify as Securities: SEC Confirms
The US Securities and Exchange Commission’s (SEC) Division of Corporation Finance released a statement clarifying its views on the application of federal securities laws to meme coins. In a statement this week, the division stated that it does not view meme coins as securities but more like collectibles. Meme Coins Are Not Securities According to the SEC’s latest guidance, transactions involving meme coins do not constitute the offer and sale of securities under the...
Read More »Ukraine Eyes Crypto Tax to Support State Budget and Defense
Story Highlights Ukraine plans 5-10% crypto tax to fund budget and defense. Public supports 5% tax on cryptocurrency earnings. Ukraine imposes 23% tax on undocumented crypto holdings. In a significant development, Ukraine is making progress toward legalizing the cryptocurrency market. Officials are considering a tax of 5-10% on crypto income to support the state budget and military. The government has adopted this policy within an ongoing program to oversee cryptocurrency operations and...
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