😔Convict in 'Undead Apes' NFT Scheme Takes Life Days Before Sentencing
Berman Jerry Nowlin, one of two men convicted in a cryptocurrency fraud scheme described by federal prosecutors as a “rug pull,” died by suicide just before Christmas, according to a report by Tampa Bay Times.
📉UK Rapper Russ Millions’ Meme Coin $MILLION Tanks 99% in ‘Social Experiment’ Gone Wrong
$MILLION, Russ Millions' meme coin, plunges 99% in hours. Critics call it a rug pull, while Russ plans a comeback.
🇨🇾Coinbase Acquires Cyprus Subsidiary of BUX: Report
Cryptocurrency exchange Coinbase has expanded its footprint in Europe with the acquisition of Cyprus unit of BUX, previously known as Stryk, according to a report by Finance Magnates.
3️⃣XRP Surpasses USDT Securing Third Place with a $141B Market Cap
XRP climbs back to the third spot in crypto rankings, overtaking USDT with a $141B market cap.
📽 It’s time for another weekly crypto roundup!
Matt Zahab and Rachel Wolfson are back with Episode 25, breaking down the latest crypto headlines.
Don’t miss out — tune in now✨
⚖️ Do Kwon Indicted on Multiple Charges, Could Face Up to 130 Years in Prison
Do Kwon, co-founder of Terraform Labs, faces up to 130 years in prison on multiple fraud charges after his extradition to the U.S.
🔒 Virtuals Protocol Fixes Critical Bug, Rewards Security Researcher
Virtuals Protocol has fixed a critical bug in its smart contract, thanks to a vigilant security researcher. They've also relaunched their bug bounty program to enhance security.
₿ ETF Issuers to Launch New Crypto-Centric Funds in 2025: Report
Several ETF providers filed crypto-based funds and products with the US Securities and Exchange Commission recently.
📉 BlackRock's Bitcoin ETF Sees Record $330M in Outflows on January 2
BlackRock’s iShares Bitcoin Trust (IBIT) experienced a historic outflow of $332.6 million on January 2, marking the largest withdrawal.
🚨 Do Kwon Pleads Not Guilty to U.S. Fraud Charges After Extradition from Montenegro
Terraform Labs' Do Kwon pleads not guilty to multiple U.S. fraud charges, including allegations tied to TerraUSD's collapse.
🎁Telegram Introduces NFT-Enabled Collectible Gifts in Latest Update
Telegram’s latest update introduces features including collectible gifts with over 1,400 appearances that can be upgraded to NFTs.
🎮 South Korea’s WeMade Expands Blockchain Focus with New Products and Social Communities
WeMade is doubling down on blockchain innovation! With plans to launch new games and integrate decentralized social communities in 2025!
🚀 Pump.fun Kicks Off 2024 with $14M Revenue Amid Continued Meme Coin Surge
Pump.fun has started 2024 on a high note, generating over $14 million in revenue on January 2 amid a continued surge in meme coins.
📈 Spot Ethereum ETFs Hit Record $2.08 Billion in Net Inflows in December
U.S. spot Ethereum exchange-traded funds (ETFs) set a record in December with over $2.08 billion in net inflows.
🚀 Memecoin Market Soared to $120B in 2024, Up from $20B
The memecoin market skyrocketed 500% in 2024, growing from $20B to $120B by year’s end.
#Memecoins #MemecoinMania
💰OKX Ventures Invests in Sui-Based Liquid Staking Protocol Haedal
OKX Ventures invests in Haedal, a liquid staking protocol aimed at enhancing staking and liquidity within the Sui ecosystem.
🇮🇳 India Partners with Google and Facebook to Combat Crypto Pig Butchering Scams: 2024 Report
India is teaming up with Google and Facebook to tackle crypto scams targeting vulnerable groups.
🪝Phishing and Private Key Theft Made Attackers Most Money in 2024
Phishing was the most costly attack vector in 2024, accounting for nearly half of the $2.36 billion total loss, according to CertiK.
MARA CEO Suggests Retail Investors 'Hodl' Bitcoin Long-Term
Fred Thiel, CEO of MARA Holdings, suggests retail investors to adopt a "buy and hold" strategy, citing Bitcoin's strong historical performance and outlining key factors that will drive its future growth.
🇺🇸Crypto.com Introduces Stock and ETF Trading for U.S. Users with 3% Bonus
Crypto.com launches commission-free stock and ETF trading with 3% transfer bonus in Pennsylvania, Ohio, Washington, and Arizona.
🚨 New Crypto Wallet Scam Targets YouTube Comments: Multi-Signature Trick Steals Funds
A new YouTube crypto scam is targeting users with deceptive multi-signature wallet tricks.
🤝BlackRock’s BUIDL Token Approved to Back Frax Finance’s frxUSD Stablecoin
The Frax community has approved a proposal to use BlackRock’s BUIDL as collateral for its upcoming frxUSD stablecoin.
🧑⚖️ California Resident Sues 3 Asia-Based Banks for Failing to Prevent Crypto Scam Resulting in $1M Loss
A California resident has filed a lawsuit against three Asia-based banks, accusing them of negligence in preventing cryptocurrency scam.
🔮 Morgan Stanley Mulls Crypto Trading Launch Through E-Trade Platform: Report
Morgan Stanley sets sights on crypto trading via E-Trade, banking on potential Trump-era regulatory ease.
🇧🇷Binance Acquires Licensed Broker-Dealer in Brazil
Binance, the world’s largest cryptocurrency exchange by volume, has secured approval from the Central Bank of Brazil to acquire Sim;paul, a licensed broker-dealer in Latin America.
⛏️BitFuFu Signs Deal With BITMAIN to Acquire 80,000 Miners
Nasdaq-listed Bitcoin mining firm BitFuFu Inc. has signed a deal with BITMAIN, a manufacturer of digital asset mining hardware, to acquire up to 80,000 S-series miners.
🦄 Uniswap Teases Long-Awaited v4 Launch for 2025 After Missing 2024 Target
Uniswap has announced that its highly anticipated version 4 (v4) will be “coming soon” in 2025, after missing its initial Q3 2024 target.
🚀 HIVE Aims for 150% Growth by 2025 Following 47% Operational Surge in 2024
HIVE Digital Technologies is aiming for 150% growth by 2025, targeting 15 EH/s in Bitcoin mining.
📈 Will Crypto Adoption Increase in 2025?
Growing interest in crypto among everyday consumers could supercharge the bull run — and mean it's coming to an end.
🇮🇩 Indonesia Scrambles to Meet Deadline for Crypto Oversight Transfer to OJK
Indonesia’s crypto regulation transfer to OJK, set for Jan. 12, faces setbacks due to incomplete government frameworks.
#Indonesia #CryptoRegulation