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Author: James Wilson
Traders who own Ethereum in their FTX holdings stand to gain back $2,500 as FTX repayments for its Bahamas creditors start this month. The FTX repayment plan, scheduled to start on Feb. 18, will repay creditors’ claims in full, including interests, through BitGo. However, customers will not be able to gain additional profit from current market prices for their FTX holdings, as the repayment plan will refund crypto holdings in accordance with November 2022 prices. This means that traders who held Bitcoin (BTC) in the now-fallen crypto exchange will only receive repayment capped at $20,000 per Bitcoin for 98% of…
Terra Luna Classic price rose for five consecutive days and crossed an important resistance level as the network nears a crucial 403 billion milestone. Terra Luna Classic (LUNC) token rose to a high of $0.00007610 on February 11, up by 56% from its lowest level this year. LUNC’s recent recovery aligns with the performance of most altcoins, which rebounded after bottoming on Monday last week. A potential catalyst for the Terra Classic price is the ongoing burning action in the network. LUNC Metrics data shows that over 628 million LUNC tokens have been burned in the last seven days. These…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With 2025 off to a dynamic start, Solana, Ripple, and a rising newcomer, Remittix, are shaping the future of crypto payments; here’s how they compare. As 2025 kicks off with a bang, Solana (SOL) has seen some big price swings despite its blazing-fast transactions and technical prowess. Meanwhile, Ripple (XRP) has been holding its ground in the payments space despite legal battles and network hiccups. Though while these blockchain giants battle it out, a new contender in town has…
Crypto analyst Michaël van de Poppe predicts that Bitcoin is on track to hit a new all-time high within the next 2-3 weeks, following the strong performance of gold. In his recent post on X, crypto analyst Michaël van de Poppe projected that Bitcoin (BTC) is likely to print a new all-time high in the next 2-3 weeks. Drawing comparisons to gold’s strong performance, van de Poppe is optimistic that Bitcoin will follow suit. Gold has been on a tear lately, breaking past its previous all-time high in late Jan. Its momentum has been impressive, with the asset making substantial…
Crypto scams driven by social engineering soared in 2024, with analysts warning that scammers are increasingly targeting celebrities and tech leaders. In a Feb. 11 research report, analysts at blockchain forensic firm Merkle Science revealed that in 2024, scammers targeted high-profile figures by hacking their accounts. After gaining access, they quickly promoted fake token launches created on Pump.fun, a platform for minting tokens on Solana. One such incident was the Aug. 29 hack of soccer star Kylian Mbappé’s X account. The attacker promoted a fake MBAPPE meme coin on Solana, which quickly hit a $460 million market cap before collapsing…
Prices for Litecoin, Dogecoin, Solana, and XRP are in the green after analysts James Seyffart and Eric Balchunas released their ETF approval odds. Litecoin, which was given a 90% chance of SEC approval, is leading the gains with a 12% hike, reflecting its highest chance for ETF approval. Analysts James Seyffart and Eric Balchunas have recently released their rankings on the likelihood of several altcoin exchange-traded funds receiving approval from the U.S. Securities and Exchange Commission. Following this development, Litecoin (LTC), ranked as the top contender for SEC approval, saw the biggest surge, rising 12% in the past 24 hours,…
Despite Bitcoin hitting a record high of $100,000 in Q4 2024, venture capital activity in crypto startups remained flat, with VC deal size down nearly 90% since 2018. PitchBook’s latest data reveals that the median size of venture capital deals in the crypto space has plummeted by nearly 90% since 2018, showing a shift in investor behavior. In a Feb. 10 research report, PitchBook’s senior venture capital reporter Michael Bodley noted that even with the rise in Bitcoin’s (BTC) value in Q4 2024, which traditionally drives more investment into the sector, VCs appear to be more selective. Crypto median VC…
Former South Korean lawmaker known for the Coin Gate scandal, Kim Nam-guk, has been declared ‘not guilty’ of all charges by court. According to a report from local media News1, a Seoul Southern District Court judge found Kim “not guilty” of all charges on his first trial. Kim was accused of misreporting his assets to the National Assembly in his attempt to hide the large profit he gained from cryptocurrency ahead of the crypto law changes. This news was known to the public as the “Coin Gate” scandal. Kim’s position as a South Korean government official gave him insider information…
Four.Meme has suffered a malicious attack, leading to a $183K loss and the temporary suspension of its token liquidity pool on PancakeSwap. Four.Meme, the Binance Smart Chain-based memecoin launch platform, has recently announced that it was hit by a malicious attack, prompting the temporary suspension of its token liquidity pool on PancakeSwap. The platform reassured users that internal funds are secure, unaffected by the exploit. Despite this, the attack resulted in the loss of approximately $183K worth of digital assets, according to blockchain security firm PeckShield. https://twitter.com/four_meme_/status/1889198796695044138 The Four.Meme’s exploit is just the latest in a string of incidents affecting…
Solayer’s native token, LAYER, is set to make its Binance debut on Feb. 11 accompanied by an airdrop event scheduled one hour before trading starts. According to a recent announcement, Binance users who have BNB subscribed to Simple Earn products from Feb. 1 to Feb. 5 stand a chance to gain LAYER token rewards from an airdrop distribution with an allocation of 30 million LAYER tokens or 3% of the total supply. The airdrop is scheduled to take place on Feb. 11, around one hour before trading starts. Solayer’s native token will be officially listed on Binance starting from Feb.…