Day: October 24, 2024

Pump.fun Video Feature Misused for Illegal Content

Pump.fun, a meme coin creation platform that has been a hub for Solana tokens in 2024, faced a severe challenge this week when its newly launched video feature was exploited to upload child sexual abuse material. The incident, confirmed by Pump.fun’s developers, has raised alarms about the moderation and safeguarding of such digital platforms. Exploitation […]

Kraken Launches Ink, an Ethereum Layer-2 Built on Optimism

Kraken, a leading cryptocurrency exchange, has announced the launch of Ink, an Ethereum-based layer-2 blockchain powered by Optimism’s OP Stack. Ink is designed to offer a suite of on-chain wealth management tools for both experienced traders and newcomers to the crypto space, according to a joint statement released by Kraken and the Optimism Collective on […]

$Russell Meme Coin Surges 500% After AI Query

On Wednesday, the crypto world witnessed another wild meme coin surge after an unexpected query from terminal of truths. An AI bot on Twitter (X), regarding Coinbase CEO Brian Armstrong’s potential dog, Russell. The interaction triggered a 500% price increase for $Russell. A meme coin on the Base blockchain, despite the coin having no actual […]

Bitcoin Rebounds as Traders Eye U.S. Election

Bitcoin’s price has bounced back from a ten-day low as traders navigate a liquidity hunt following last week’s surge to near-all-time highs. The leading cryptocurrency is trading around $67,500, after dropping to $65,160 on Thursday, according to CoinGecko. This latest price action comes after Bitcoin breached $69,000 over the weekend. Just shy of its all-time […]

Ripple CEO Praises Kamala Harris’ Crypto Stance

Ripple CEO Brad Garlinghouse expressed his most favorable comments to date regarding Democratic presidential candidate Kamala Harris during his appearance at D.C. Fintech Week on Wednesday. Although Garlinghouse reiterated Ripple’s neutral stance in the 2024 U.S. presidential election, his remarks highlighted the sophistication of Harris’ approach to digital assets, contrasting it with Donald Trump’s more […]