Eric Trump, the son of US President Donald Trump, taunted bearish traders on X as crypto prices jumped on Friday. He told his nearly 6 million followers that seeing Ethereum shorts “get smoked” put a smile on his face and warned that anyone shorting Bitcoin or Ethereum “will be run over.” At the same time,…
Pump.fun, the Solana memecoin launchpad, is under pressure as it scrambles to defend its native token, PUMP, from a steep decline. In a bid to stabilize its price, the team has been aggressively buying back tokens using SOL, with one of its largest buybacks to date looking to be recorded. On August 8, on-chain tracker…
A crypto memecoin group has taken responsibility for throwing sex toys onto the court at multiple WNBA games over the past week, a new report from USA Today claims. Crypto Memecoin Collective Behind WNBA Sex Toy Incidents According to the August 8 report, an anonymous spokesperson for the memecoin collective—identified only by the X account…
Key Takeaways: Two Seas Capital opposes CoreWeave’s proposed acquisition of Core Scientific, citing valuation and deal structure concerns. The deal’s all-stock nature raises broader questions about shareholder protections amid volatile AI infrastructure valuations. Institutional investor resistance may indicate shifting expectations for governance and transparency in high-growth infrastructure sectors. Two Seas Capital, which holds a 6.3%…
The team behind decentralized finance (DeFi) protocol CrediX Finance appears to have vanished following a $4.5 million exploit that drained funds from the platform, sparking widespread suspicions of an exit scam. In an August 8 alert, blockchain security firm CertiK reported that CrediX Finance’s official X account went silent, while its website has remained offline…
The world is facing a water crisis that is expected to have a major impact on humanity in the coming years. A report from the United Nations predicts that by 2030, global demand for water will exceed sustainable supply by 40 percent. The World Economic Forum further notes that terrestrial water storage decreased by almost…
This week marked further progress in the U.S. crypto regulation environment, with President Donald Trump’s administration making moves in favor of digital assets and the Securities and Exchange Commission (SEC) clarifying the legality of liquid staking products. Trump Pushes for Crypto in 401(k) Retirement Accounts President Trump on Thursday signed an executive order that could…
Signs of an altcoin season remain limited, but movement among selected tokens is building. As Bitcoin maintains dominance above 60%, some traders are turning to alternative projects with clear use cases or persistent liquidity. XRP, Stellar (XLM), and Chainlink (LINK) are among the assets showing renewed traction. XRP Maintains Momentum Above $3 XRP is trading…
Binance, the world’s largest cryptocurrency exchange, is working with Spain’s BBVA to offer clients independent custody of their digital assets, according to a Financial Times report published on Friday. The arrangement is a move by Binance to rebuild investor trust following its record $4.3 billion fine by U.S. regulators in 2023 and the broader industry…
Ripple Labs and the US SEC have officially ended their nearly four-year legal fight, marking one of the most closely watched cases in crypto history. The move sent XRP up more than 13% following the announcement. On Thursday, both parties filed a joint notice with the US Court of Appeals for the Second Circuit, stating…