Cryptocurrency

Cryptocurrency
Peter Brandt’s Skeptical View on Ethereum Amidst Cryptocurrency Dynamics

Renowned trader Peter Brandt has recently garnered attention for his critical assessment of Ethereum (ETH), labeling it as a “junk coin” and raising doubts about its significance as a leading alternative cryptocurrency. Brandt, recognized for his sharp observations in financial…

Cryptocurrency
FTX Sells Solana Tokens at a Massive Discount in Bankruptcy Move, Drawing Industry Interest

In a notable development within the cryptocurrency landscape, FTX’s bankruptcy administrators have garnered significant attention with their recent sale of a considerable portion of Solana (SOL) tokens at a considerable markdown. This transaction, featuring prominent industry players like Galaxy Trading…

Cryptocurrency
Terraform Labs and Founder Do Kwon Face Fraud Verdict in SEC Case

In a significant verdict delivered by a Manhattan jury, Singapore-based Terraform Labs and its founder, Do Kwon, have been found liable on civil fraud charges. The jury’s decision, in agreement with the U.S. Securities and Exchange Commission (SEC), validates the…

Cryptocurrency
After Joe Boden, Burek Obema Becomes a Trending Memecoin with a 550% Surge

Burek Obema is a new meme related to the former president of the United States, Barack Obama. Following its induction into the memecoin market through the Solana network, let’s explore its recent price performance and relationship with another memecoin, Jeo…

Cryptocurrency
Cryptocurrency Debate Insights from Goldman Sachs and Beyond

In recent years, the rise of cryptocurrency has sparked intense debate and speculation within the financial industry. While some experts embrace digital currencies as a investment asset class, others, like Sharmin Mossavar-Rahmani, the chief investment officer of Goldman Sachs’ Wealth…

Cryptocurrency
Staked Solana Worth $24M Locked on Lido Due to Contract Error

In recent developments, it has come to light that as much as $24 million worth of tokenized staked Solana (stSOL) has inadvertently been locked on Lido’s liquid-staking platform. This unfortunate occurrence stems from a faulty smart contract, which has caused…

Cryptocurrency
Sei Foundation launches $10 million fund to support NFT and social project creators

The Sei Foundation, a non-profit organization dedicated to fostering the growth of the Sei ecosystem, has recently launched an exciting initiative known as the Sei Creator Fund. This fund, valued at an impressive $10 million, aims to provide grants for…

Can Crypto holders influence Indian Election in 2024? 
Cryptocurrency
Can Crypto holders influence Indian Election in 2024? 

Recent years have seen a rise in the use of cryptocurrency in India—a digital money that runs without the need for a centralized authority. The emergence of cryptocurrencies in the nation has spurred concerns about how they may affect other…

Cryptocurrency
Solareum Closes Doors Following $523K Exploit Impacting Solana Wallet Holders

Solareum, a Telegram trading app for Solana-based tokens, recently reported an issue that impacted a number of Solana users. Due to this issue, around $523,000 in SOL was lost from user wallets. This article will cover the circumstances of Solareum’s…

Cryptocurrency
ARK 21Shares Bitcoin ETF Sees Historic Daily Outflow Surpassing Grayscale With $87 Million Withdrawn

Cathie Wood’s ARK 21Shares Bitcoin exchange-traded fund (ETF) experienced a historic daily outflow of over $87 million on April 2. This marked the first time that the fund witnessed a larger daily outflow than Grayscale’s Bitcoin Trust (GBTC) since the…