Daily Crypto News & Musings

Daily Feed

Investors Shift to Utility Tokens as Mutuum Finance Raises $582K in Presale

Utility-Focused Tokens Gain Traction as Meme Coins Falter: A Deep Dive into Mutuum Finance Investor interest is shifting away from the whimsical allure of meme coins towards cryptocurrencies with tangible utility. Mutuum Finance (MUTM) emerges as a leading example, focusing on innovative decentralized finance (DeFi) solutions, including lending and borrowing. With a successful presale raising […]

Read More

Blockchain.com Eyes IPO Amid Crypto Surge; iDEGEN Raises $23M in Memecoin Presale

Blockchain.com Gears Up for IPO as Crypto Market Sees Surge in Public Listings Blockchain.com, a veteran in the crypto space, is setting its sights on a stock market debut. At the same time, iDEGEN, an AI-powered memecoin, is making waves with its presale success. These developments highlight the dynamic shifts in the crypto industry. Blockchain.com […]

Read More

Binance CEO Richard Teng Rejects $150M Bribery Claims in Nigeria, Emphasizes Compliance

Binance CEO Richard Teng Denies $150 Million Bribery Allegations in Nigeria Binance CEO Richard Teng has firmly rejected allegations by Nigerian authorities that the exchange paid $150 million in bribes to influence local officials, emphasizing the company’s commitment to compliance and integrity. Allegations of $150 million in bribes to Nigerian officials Binance CEO Richard Teng […]

Read More

SEC Requests 28-Day Extension in Coinbase Appeal Amid Crypto Task Force Formation

Coinbase vs. SEC: U.S. Regulator Seeks 28-Day Extension on Digital Asset Appeal The U.S. Securities and Exchange Commission (SEC) has requested a 28-day extension to respond to Coinbase’s appeal regarding the classification of digital assets as securities. This development follows the establishment of a new SEC crypto task force, indicating a potential shift in regulatory […]

Read More

Argentina’s President Milei Faces Impeachment After $LIBRA Crypto Crash

Argentina’s President Javier Milei Faces Impeachment Over $LIBRA Cryptocurrency Scandal Argentina’s President Javier Milei is embroiled in controversy and faces potential impeachment after endorsing the $LIBRA cryptocurrency on social media, which subsequently crashed, causing significant investor losses. Milei endorsed $LIBRA, causing its value to surge. $LIBRA crashed, hinting at a possible “rug pull” scam. Impeachment […]

Read More

PlanB Explores Bitcoin ETFs Amid Self-Custody Woes – Balancing Security and Ease

PlanB Considers Bitcoin ETFs for Peace of Mind Amid Self-Custody Challenges PlanB explores Bitcoin ETFs for easier investment. Self-custody complexities prompting investor shift. ETFs balance security with user-friendliness. PlanB, the creator of the Stock-to-Flow model, a method for predicting Bitcoin’s price based on its scarcity, is exploring Bitcoin Exchange Traded Funds (ETFs) as a solution […]

Read More

Coinbase Partners with Aston Martin, Boosts Crypto Adoption with USDC Deal

17 February 2025 Daily Feed , ,

Coinbase Revs Up Global Crypto Growth with Aston Martin Partnership Coinbase has turbocharged its global expansion by inking a groundbreaking partnership with Formula One team Aston Martin Aramco. Paid entirely in USDC, this deal showcases Coinbase’s commitment to promoting cryptocurrency adoption and positions its branding on the fast track with Aston Martin’s AMR25 car and […]

Read More

Crypto Fraud Soars: Pig Butchering Scams Up 210%, Global Spread Intensifies

As Crypto Fraud Expands, Pig Butchering Scams Skyrocket 210% The cryptocurrency landscape, celebrated for its potential to revolutionize finance, is grappling with a surge in fraudulent activities. Recent data from Chainalysis, a company that tracks fraud on the blockchain, reveals a significant shift in scammers’ tactics, moving away from targeting high-value victims to ensnaring more […]

Read More

Helius Labs CEO Defends Solana After Libra Token Crash: Envy and Scams Industry-Wide

Helius Labs CEO Mert Mumtaz Defends Solana Amid Libra Token Crash Fallout The dramatic collapse of the Libra meme token on the Solana blockchain has fueled intense debate and accusations of scams. Helius Labs CEO Mert Mumtaz has fiercely defended Solana, arguing that the criticism it faces often stems from envy and that speculation and […]

Read More

Indian Authorities Seize $189M in Assets from Bitconnect Crypto Scam

Indian Authorities Seize $189M in Bitconnect Investment Scam Indian authorities have cracked down on the notorious Bitconnect cryptocurrency scam, seizing assets valued at approximately $189 million. This bold move underscores the global effort to combat cryptocurrency fraud and brings hope to investors who were duped by promises of astronomical returns through a fictitious trading bot. […]

Read More

Federal Judge Pauses SEC Lawsuit Against Geosyn Amid Executive Fraud Charges

Federal Judge Halts SEC Case Against Bitcoin Miner Geosyn Amid Criminal Charges A federal judge in Texas has put a halt to the U.S. Securities and Exchange Commission’s (SEC) legal battle with Bitcoin mining company Geosyn Mining LLC. This decision follows criminal charges against Geosyn’s executives, accused of misusing investor funds for luxury spending, operating […]

Read More

SafeMoon Shifts to Solana Memecoin Amid Legal Battles and Token Burn

SafeMoon’s Bold Transformation: From Legal Woes to a Memecoin on Solana SafeMoon, once a high-flying cryptocurrency, is now embarking on a daring pivot to become a memecoin on the Solana blockchain. This move, aimed at empowering its community and decentralizing the project, comes after a tumultuous period marked by legal challenges and a significant token […]

Read More

Tether Faces Bitcoin Sell-Off Pressure Amid U.S. Regulatory Changes

17 February 2025 Daily Feed , ,

Tether’s Regulatory Landscape: Navigating Potential Bitcoin Divestment Tether, the powerhouse behind the USDT stablecoin, faces potential regulatory changes that may require it to sell its Bitcoin holdings, according to a JP Morgan analysis. Proposed U.S. stablecoin legislation aims to tighten reserve requirements, focusing on highly liquid assets like U.S. Treasuries. Tether disputes JP Morgan’s assessment, […]

Read More

NFT Market Sees 35% Sales Drop Yet New Traders Surge: A Shift to Utility-Focused NFTs

NFT Market Dives as Sales Plummet, Yet New Traders Surge In The NFT market is experiencing a significant downturn, with sales dropping to $112.7 million, marking a 35.15% decline from the previous week. Amidst this decline, however, there’s a notable surge in new traders, suggesting a growing interest in digital assets. NFT market downturn Surge […]

Read More

Michigan Proposes Up to 10% of State Funds in Bitcoin Reserve and New Stablecoin, MichCoin

State-Led Crypto Adoption: Michigan Proposes Strategic Bitcoin Reserve Michigan is making a bold move into the world of cryptocurrencies, with Representatives Bryan Posthumus and Ron Robinson introducing a bill, HB 4087, to establish a strategic Bitcoin reserve. This initiative could see up to 10% of the state’s funds invested in digital assets, including a proposed […]

Read More

Argentinian President’s Libra Memecoin Endorsement Leads to $100M+ Rug Pull Disaster

Argentinian President’s Endorsement of Libra Memecoin Ends in $100 Million+ Rug Pull What happens when a country’s president endorses a cryptocurrency that turns out to be a massive scam? In Argentina, President Javier Milei’s promotion of the Libra memecoin led to a meteoric rise and a catastrophic fall, leaving investors with a 95% loss. Javier […]

Read More

Binance Exec’s 8-Month Ordeal: $150M Crypto Bribe Demand in Nigeria

A Mickey Mouse Operation: Binance Exec Talks About Detention And Alleged $150M Crypto Bribe Tigran Gambaryan, a high-ranking executive at Binance, was detained in Nigeria for eight months following a meeting with officials from the Department of State Services (DSS), Nigeria’s national intelligence agency, and the Economic and Financial Crimes Commission (EFCC), responsible for investigating […]

Read More

Binance Exec Tigran Gambaryan’s 8-Month Nigerian Ordeal: Detained, Extorted, Released

Binance Executive Tigran Gambaryan’s Ordeal in Nigeria: Detained, Extorted, and Released Dragged to court on crutches, a Binance executive’s cry of frustration echoed around the world: “This is so fuc**d up.” Tigran Gambaryan, a US citizen and key figure at the cryptocurrency exchange Binance, faced over eight months of detention in Nigeria, accused of illegal […]

Read More

Ancient Bitcoin Whale Moves $30M After 11 Years Amid Price Surge

Ancient Bitcoin Whale Awakens, Moves $30 Million BTC After 11 Years A decade-old investment suddenly worth millions? That’s the reality for one Bitcoin whale who just moved $30 million in BTC after 11 years of silence. Ancient Bitcoin whale moves 300 BTC after 10.9 years. The reactivation coincides with Bitcoin’s price surge and supportive political […]

Read More

Decentralized AI Challenges Big Tech’s $320B Dominance

Big Tech’s Biggest Nightmare? Decentralized AI Decentralized AI is emerging as a formidable challenge to Big Tech’s dominance. It’s not just a technological shift but a movement towards a more inclusive future where AI isn’t just for the tech giants. Big Tech’s AI investments reach $320 billion Exabits introduces decentralized AI with 4,000 NVIDIA H200 […]

Read More

Sarah Knafo: Far-Right French MP Pushing Bitcoin and Blockchain in France

Who is Sarah Knafo, the Far-Right French MP Who Loves Crypto? Sarah Knafo, a 31-year-old French politician from the far-right Reconquest Party, has emerged as a vocal advocate for cryptocurrency, blending nationalist and techno-conservative ideologies. Her vision for Bitcoin and blockchain technologies aims to disrupt France’s financial system, but faces significant challenges in a country […]

Read More

Remixpoint’s $59M Crypto Leap: Bitcoin, XRP, DOGE Surge in Institutional Play

17 February 2025 Daily Feed , , ,

Remixpoint Jumps into Crypto with $59 Million: A Deep Dive into Bitcoin and Altcoin Investments What happens when a traditional Japanese energy firm jumps into the crypto pool with a $59 million splash? Remixpoint, known primarily for energy consulting, has made headlines by significantly expanding its cryptocurrency reserves, joining the ranks of institutions betting big […]

Read More