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Author: James Wilson
Solana-based meme coin deployer Pump.fun continues to draw legal heat as recent allegations claim some tokens launched on the platform violated intellectual property rights. On Feb. 5, Pump.fun a cease and desist letter was issued against Pump.fun by U.S. law firms Burwick Law and Wolf Popper LLP, demanding the removal of several meme coins allegedly misusing their names and logos. A cease and desist letter is a formal legal notice demanding that an individual or entity immediately stop an alleged unlawful activity to avoid further legal action. The letter demands the “immediate removal of the Dogshit2 token” and other tokens…
South Korean exchanges Upbit and Bithumb will add Berachain to its listings on Feb. 6, in time for the upcoming launch of Berachain mainnet. Two South Korean crypto exchanges announced that they will start providing trading support for new layer1 blockchain Berachain’s upcoming token, BERA. Trading support on both exchanges will start simultaneously on Feb. 6 at 22:00 KST. Users can only deposit and withdraw BERA through the new Berachain mainnet that will be launched on the same day as its token. Berachain is an Ethereum (ETH) Virtual Machine-compatible layer 1 blockchain which is equipped with a Proof-of-Liquidity consensus mechanism.…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Catzilla emerges as the next big meme coin, promising huge gains and a feline takeover of the crypto market. A new meme coin is taking the crypto world by storm, with analysts predicting it could compete with WIF and FLOKI in the next bull run. While many meme tokens fade, this one combines hype, community power, and strong growth potential to stand out. With a strategic presale, viral appeal, and huge ROI potential, this token is quickly gaining momentum.…
El Salvador, the first country to adopt Bitcoin as legal tender in 2021, recently reversed its decision after pressure from the IMF. What led to this change, and what were the outcomes of its nearly four-year crypto experiment? The curious case of El Salvador The 2021 law in El Salvador made Bitcoin (BTC) legal tender, meaning it became not just legal but mandatory for transactions. Merchants were required to accept Bitcoin, and the government started collecting payments such as taxes and fees in Bitcoin. To facilitate this, the country launched the Chivo wallet, a government-backed mobile app designed to help…
Eric Trump’s Ethereum tweet lined up with one of the biggest reversals in months. Now, he’s turning to Bitcoin—does this call mean anything? Eric Trump’s latest comment on Bitcoin (BTC) has sparked chatter, though its immediate market impact appears to be limited. On Feb. 6, he took to X, posting, “Feels like a great time to enter #BTC!” The remark briefly pushed Bitcoin past $98,000 before settling back to around $97,650, reflecting only a modest 0.4% hourly gain at the time of writing. The reaction stands in contrast to what happened just days earlier when Eric Trump’s tweet on Ethereum…
MicroStrategy rebrands to ‘Strategy’ after posting a $670M Q4 Bitcoin impairment loss
MicroStrategy, now known as ‘Strategy,’ reported a staggering $670M impairment loss in Q4, mainly from Bitcoin. Yet, despite the hit, it continues accumulating BTC, believing in its long-term value. MicroStrategy has officially rebranded as Strategy. Announced on Feb. 5, the rebranding comes with a new logo featuring a stylized “B,” reflecting its identity as the world’s largest corporate holder of Bitcoin. The move coincides with the company’s fourth consecutive quarterly loss and an even greater focus on Bitcoin (BTC) accumulation. The latest earnings report, also released on Feb. 5, revealed a net loss of $670.8 million for the fourth quarter…
Empower Oversight has filed a lawsuit against the U.S. Securities and Exchange Commission for failing to disclose a long-awaited report on ethical conflicts and selective enforcement within the agency. The SEC Office of Inspector General completed the report more than a year ago, but the agency has yet to release it despite repeated Freedom of Information Act requests, according to the lawsuit. The lawsuit seeks to compel the SEC to disclose findings related to former SEC Division of Corporate Finance Director William Hinman. The investigation focuses on potential conflicts of interest involving Hinman’s ties to his previous law firm, Simpson…
Aptos Labs has announced a major breakthrough, revealing that its new blockchain execution engine, Shardines, has unlocked 1 million transactions per second for Aptos. On Feb. 5, the Aptos Labs team stated that the sharded execution engine has enabled the Layer 1 blockchain Aptos (APT) to achieve horizontal scalability. This milestone allows Aptos to process up to 1 million TPS for non-conflicting transactions and more than 500,000 TPS for conflicting transactions. “With Shardines, we can achieve near-linear throughput scaling, surpassing 1 million TPS on our 30-machine cluster,” Aptos Labs wrote in a blog post. The capacity for infinite horizontal scalability…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Cardano holders face price dips, 1Fuel emerges as a promising option for acceleration of returns. Cardano (ADA) investors have been on a rollercoaster ride, watching prices tumble. With geopolitical tensions like the North American tariff war shaking up the market, ADA holders wonder if the dip is a golden buying opportunity or the start of a prolonged slump. Meanwhile, a new player is making waves, 1Fuel (OFT). With its security, cross-chain capabilities, and growth potential, 1Fuel is emerging…
Blockchain analytics firm Arkham Intelligence has announced a partnership with Sonic Labs. With this collaboration, Sonic users will gain access to Arkham’s suite of intelligence features, including entity and address tracking, real-time alerts, dashboards, and visualization tools. This integration aims to enhance transparency and security for users interacting with Sonic’s decentralized finance protocols. Sonic, an Ethereum Virtual Machine layer-1 blockchain, has seen significant growth since launching on December 18, 2024. The network’s Total Value Locked has surged by over $200 million in the past month, reaching $250 million across its DeFi ecosystem. ANNOUNCING ARKHAM X SONICWe’re partnering with @SonicLabs to…