Shiba Inu (SHIB) has seen a notable price surge recently, with the popular meme coin trading on an upward trajectory. This increase aligns with a broader rally across the cryptocurrency market. Shiba Inu Price Jumps 10% Following ISHIBA Naming Coincidence A recent X post by Zaheer highlighted that SHIB’s spot price has risen 50% in…
Coinbase has announced the addition of EigenLayer (EIGEN) to its listing roadmap, generating excitement among crypto enthusiasts. This news coincides with EigenLayer’s second round of its “stakedrop” airdrop, which commenced on September 16th, 2024. The airdrop marks the final phase before EIGEN tokens become available on exchanges, heightening market anticipation. Coinbase Adds EigenLayer (EIGEN) To…
Sorare, the fantasy sports platform utilizing blockchain technology, has come under scrutiny from UK regulators for allegedly offering unlicensed gambling services. This marks a significant development as it’s the first time the Gambling Commission has taken action against a blockchain-based platform. Based in France, Sorare provides fantasy games centered around soccer, basketball, and baseball, where…
FBI Seizes Over $6M in Crypto from Southeast Asian Scam Targeting US Investors The FBI has seized over $6 million in cryptocurrency tied to a fraud scheme operating out of Southeast Asia that targeted American investors. According to the FBI’s September 26 announcement, scammers deceived victims into believing they were investing in legitimate projects, causing…
Elon Musk’s America PAC Pours $67 Million into Trump’s 2024 Campaign Tesla and SpaceX CEO Elon Musk has made a significant impact on the 2024 U.S. presidential race through his political action committee, America PAC. Launched in May 2024, the super PAC has allocated over $67 million towards advertising and grassroots efforts to bolster Donald…
Hamster Kombat (HMSTR) Price Plummets 45% After Massive Airdrop The price of Hamster Kombat (HMSTR) took a sharp dive on September 26th following the launch of what was billed as the largest token airdrop on the TON blockchain. HMSTR’s value has plunged 45.4% in just 24 hours, currently trading at $0.006803. The dramatic price drop…
Bitcoin ETF Inflows Surge as BTC Breaks $65,000 The cryptocurrency market is buzzing with excitement as Bitcoin (BTC) surpasses $65,000 for the first time in nearly two months, coinciding with a significant uptick in spot Bitcoin ETF inflows. This surge comes amidst global rate cuts, setting the stage for Bitcoin’s strongest September performance on record…
Eleanor Terrett, a Fox Business journalist, reports that a former SEC lawyer believes the agency will “probably” appeal Judge Analisa Torres’s July 2023 ruling in the Ripple vs SEC case. The lawyer noted that many at the SEC view the outcome regarding Ripple’s programmatic XRP sales as incorrect and in need of appeal. The SEC…
LUNC News: Terra Luna Classic Community Proposes USTC Burn The Terra Luna Classic community has recently put forward a proposal to burn USTC tokens, gaining significant traction among market participants. This initiative follows TerraForm Labs’ recent decision to wind down operations and burn remaining assets, which has drawn considerable attention from community members. The proposal…
POL Token Surges 5% Following Polygon’s Ahmedabad Upgrade The native token of Polygon, POL, saw a 5% price increase after the network implemented its Ahmedabad upgrade for the Proof-of-Stake (PoS) mainnet. This update aims to enhance the experience for both developers and users, potentially driving increased adoption of the network. Ahmedabad Upgrade Introduces Key Improvements…