Author: James Wilson
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP leads over Ethereum, fueled by adoption and regulations, while Lightchain AI raises $16.m in presale. The crypto market is abuzz with excitement as XRP takes the lead, surpassing Ethereum (ETH) in market performance. Key drivers such as increased institutional adoption, clearer regulations, and its growing role in cross-border payments have fueled this surge. However, XRP isn’t the only cryptocurrency attracting attention. Enter Lightchain AI, an emerging powerhouse in blockchain technology. With its presale priced at just $0.006 and…
Crypto derivatives platform BitMEX is on sale, according to sources familiar with the matter. Reports that the trading platform is seeking a buyer claim that BitMEX has enlisted the services of Broadhaven Capital Partners to help seal a deal. Broadhaven Capital Partners is an investment banking provider that offers strategic and financial services solutions. According to sources, BitMEX is eyeing Broadhaven Capital’s input to get a buyer, per crypto publication CoinDesk, which reported on this development on Thursday, Feb. 27. Two people privy to the plans, the report stated, say BitMEX appointed Broadhaven Capital Partners in late 2024. While BitMEX,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana struggles as Panshibi soars, raising $1.1m in presale and gaining traction as a breakout meme token. Solana (SOL) faces a tough market, struggling to regain momentum after a steep decline. Meanwhile, Panshibi (SHIBI) is soaring, with its presale gaining rapid traction. Investors are shifting focus to this panda-powered meme coin, which has already raised over $1.1 million. With massive post-launch gains predicted, SHIBI could be 2025’s breakout meme token. The presale is selling fast – will you get…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cardano surges 30%, sparking debate on its potential for 2025 amid DeFi growth and real-world adoption. Cardano (ADA) has been making waves again, climbing 30% in recent months as investors start paying attention. Some say it’s just another crypto cycle, but others believe there’s more to it this time. With new developments, DeFi growth, and real-world adoption happening, could Cardano be setting itself up for a stronger 2025? Well, that depends on a few things. And, as always in…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana and XRP struggle as market shifts to high-growth opportunities, with Rollblock gaining massive whale attention. Solana and XRP prices are struggling as the market shifts toward new high-growth opportunities. Meanwhile, Rollblock (RBLK) is gaining massive traction, attracting whale investors looking for explosive returns. This viral GameFi project combines blockchain gaming with lucrative staking rewards, making it a prime target for those seeking long-term returns. As Solana and XRP falter, Rollblock’s momentum is only getting stronger. Investors rush to…
A Montana man has been found guilty of conspiracy to launder over $2.4 million through cryptocurrency, the U.S. Attorney’s Office for the Eastern District of Texas announced Thursday. Randall V. Rule, 73, formerly of Kalispell, Montana, was convicted on all counts following a three-day trial before U.S. District Judge Jeremy D. Kernodle on Feb. 26. He was charged alongside Gregory C. Nysewander, formerly of Irmo, South Carolina, in a 2022 federal indictment. Romance, real estate and email fraud Prosecutors said Rule and Nysewander helped convert funds from scams — including romance fraud, business email compromises, and real estate scams —…
Blockchain security experts uncovered a malicious mobile app that stole sensitive wallet data from users’ devices, leading to the theft of over $1.8 million in cryptocurrency. A fake app called BOM stole over $1.82 million in crypto by secretly accessing users’ private keys and mnemonic phrases, according to blockchain security firms SlowMist and OKX Web3 Security. In a Feb. 27 research report, SlowMist reported that the first unauthorized transactions with the app were noticed on Feb. 14. Analysis of stolen funds movement from the BOM creator across multiple DEXs | Source: SlowMist On-chain analysis showed identified main leaks, which led…
Illicit crypto transactions in 2024 are likely to surpass 2023’s record, as criminals pivot from Bitcoin to stablecoins for laundering stolen funds. Blockchain insight provider Chainalysis reported $40 billion in crypto-related criminal transactions last year, with the estimated total expected to rise above $51.3 billion as more data is collected. The report considered illegal activities such as crypto scams, digital asset fraud, and ransomware attacks. At current estimates, 2024 is just $6.1 billion shy of the record criminal transaction volume analyzed in 2023. Still, bad actors have changed tactics, and institutional adoption has shrunk the ratio of illicit transactions relative…
Sixth Street, a private equity firm with over $100 billion in assets under management, has backed blockchain-based lending platform Figure Technology Solutions with a $200 million investment. Figure and Sixth Street revealed the investment in a press release on Feb. 27. The two firms have formed a joint venture in which Sixth Street’s Asset-Based Finance division will invest $200 million in equity into Figure. The funding will strengthen Figure Connect, the platform’s private credit lending division, by enhancing its loan origination capabilities. According to Sixth Street, the joint venture will inject over $2 billion of liquidity into the non-agency mortgage…
Grass token price rose for three consecutive days, reaching its highest level since Feb. 23 as network data activity increased. Grass (GRASS) surged to a high of $2.10, up 122% from its lowest point this year, giving it a market cap of over $500 million. The ongoing rally is driven by the amount of data scraped daily. After surpassing 1 million gigabytes on Feb. 15, the figure rose to a new high of 1.32 million gigabytes on Wednesday. This data has been on a strong upward trajectory, considering it started the year at 2,600 gigabytes. Grass has continued expanding its…