Day: June 3, 2024

GameStop and GME Token Surge Amid Roaring Kitty’s Return

GameStop’s stock price witnessed a significant surge in pre-market trading this Monday, following the unexpected return of iconic bull trader Roaring Kitty on Sunday night. Although the stock’s momentum has tempered since the market opened, the excitement triggered a substantial increase in the price of the unofficial GME meme coin on the Solana blockchain. Over […]

Estonian Nationals Face Court in Crypto Fraud Case

Two Estonian nationals, Sergei Potapenko and Ivan Turõgin, both aged 39, made their initial court appearance yesterday, facing severe allegations tied to a substantial cryptocurrency fraud, as detailed in a Department of Justice (DOJ) press release. The arrests of Potapenko and Turõgin occurred in Tallinn, Estonia, in November 2022, following an extensive 18-count indictment from […]

Terra Currencies Surge Amid SEC Settlement News

Cryptocurrencies linked to the Terra ecosystem have experienced notable gains following the announcement of a tentative settlement between Terraform Labs, its founder Do Kwon, and the U.S. Securities and Exchange Commission (SEC). The rejuvenated version of Terra’s cryptocurrency, LUNA, witnessed a 16.3% increase over the last 24 hours, currently trading at $0.69. Similarly, Terra Luna […]

Massive $300 Million Bitcoin Heist at DMM Bitcoin

Japanese cryptocurrency exchange DMM Bitcoin announced that approximately $300 million worth of Bitcoin has been stolen from its primary wallet. This incident marks one of the largest hacks in the digital asset industry in recent years. On Friday around 1:30 PM local time, DMM Bitcoin detected an “illegal leak” of some 4,503 BTC, valued at […]

Hamster Kombat: The Next Big Crypto Game on Telegram

Hamster Kombat, a new entrant in the rapidly growing arena of crypto games on Telegram, is preparing to make waves with its upcoming token launch on The Open Network (TON). Since its debut in March, this crypto management simulation game has quickly amassed a staggering 60 million users, becoming the platform’s largest game with a […]

Franklin Templeton Sets Low Fee for Ether ETF

Franklin Templeton has taken a groundbreaking step in the competitive landscape of cryptocurrency funds by announcing an incredibly low management fee for its upcoming Ether spot ETF. This move is set to shake up the Ether ETF market significantly. In a recent S-1 filing with the Securities and Exchange Commission (SEC), Franklin disclosed that the […]

Ethereum ETFs: A New Era for Crypto Regulation

May marked a significant milestone for cryptocurrency regulation with the U.S. Securities and Exchange Commission (SEC) approving spot Ethereum ETFs. This decision is not just a win for Ethereum but could potentially reshape the entire landscape of crypto regulation. The approval came after persistent advocacy, including a bipartisan plea from House Representatives to SEC Chair […]

Runes Protocol: Asia’s New Crypto Favorite

In the volatile world of cryptocurrency, the Runes protocol emerged as a new framework designed to facilitate the creation of meme coins on the Bitcoin blockchain. This initiative began with substantial hype but quickly saw a decline in interest, mirroring the fleeting nature of many crypto ventures. The Runes protocol was introduced alongside the Bitcoin […]