Category: crypto

Bitget, a top cryptocurrency exchange, has partnered with SunPump, a leading memecoin platform on the TRON network. This collaboration aims to enhance TRON’s memecoin ecosystem and support innovative projects. SunPump’s success includes the popular memecoin SunDog and the AI-driven prediction market NextMate. The alliance seeks to drive growth and innovation in the blockchain space.

The crypto market saw a sharp downturn, with Bitcoin dropping by nearly 10% to $93,000 and Ethereum falling by almost 15% to $3,100. Other cryptocurrencies like Binance Coin, Solana, Dogecoin, and Cardano also recorded double-digit losses. The sell-off was attributed to the Federal Reserve’s hawkish stance on monetary policy and lack of support for a…

The Bank for International Settlements (BIS) has released a framework for designing retail central bank digital currencies (CBDCs) focusing on a hybrid model combining central bank control with private sector collaboration. This approach allows for user privacy, compliance with regulations, and innovative features like programmability and tokenization. The report aims to guide central banks globally…

El Salvador plans to continue increasing its Bitcoin purchases despite a recent deal with the IMF. Bitcoin will remain legal tender alongside the US dollar, with the government adding to its reserves. Efforts are being made to integrate Bitcoin into financial and educational systems, with plans for Bitcoin workbooks in schools and a certification program…

Investors are suing the creators of the memecoin “Hawk Tuah,” linked to internet star Haliey Welch, for allegedly causing financial losses due to an unregistered security and sharp price collapse. The lawsuit claims the creators exploited Welch’s fame to market the token as an investment, resulting in significant losses for investors.

The Bavarian State Office for Data Protection Supervision has ordered Worldcoin to implement stricter privacy measures and a GDPR-compliant data deletion process within one month. The investigation focused on Worldcoin’s use of iris-derived biometric data to create digital identities. Regulatory challenges exist due to the company’s global operations and concerns over compliance with local laws.

Hedera HBAR’s current price is $0.27011, showing a 1.39% increase in the last 24 hours. The platform utilizes hashgraph technology to enable secure collaboration and transactions among individuals who do not have a trusted relationship, eliminating the need for a middleman.

President Donald Trump is facing a potential government shutdown after a power struggle with Elon Musk over a spending deal. Musk, dubbed “President Elon Musk,” has challenged Trump’s authority before his return to the White House. The behind-the-scenes conflict highlights the influence of the tech titan in politics.

The US authorities rejected Sam Bankman-Fried’s appeal to overturn his conviction and sentencing related to the bankrupt FTX collapse. The government found no merit in his claims of judicial bias and procedural missteps, maintaining that the original trial was fair and lawful. Bankman-Fried’s request for a retrial was denied.

Crypto thefts reached $2.2 billion in 2024, a 21% increase from the previous year, with North Korean-linked cybercriminal groups being a major contributor. Centralized exchanges were targeted more than DeFi platforms, with private key compromises being a significant vulnerability. North Korean hackers stole $1.34 billion in 47 attacks in 2024.