Day: February 18, 2025

Pump.fun Co-Founder Condemns LIBRA Meme Coin Scandal

Alon Cohen, co-founder of meme coin creation platform Pump.fun, has spoken out against the controversy surrounding the LIBRA token, calling for reforms in the crypto space. 📌 LIBRA’s price surged after Argentine President Javier Milei’s now-deleted post, only to crash 94% as insiders allegedly cashed out with over $100 million. 📌 Hayden Davis, a key […]

Russia Loses $14.2M to Illegal Crypto Mining in 2024

Russian power grid company Rosseti Group reported that illegal cryptocurrency mining operations have caused over 1.3 billion rubles ($14.2 million) in damages across the country’s power grids in 2024. According to a report from state-owned news agency TASS, the largest losses were recorded in the North Caucasus grid, totaling over 600 million rubles. The Novosibirsk […]

Sonic Price Prediction: Will Rebranding Fuel a Rally to $2?

Sonic (formerly Fantom) continues its bullish momentum, defying broader market pullbacks and trading at $0.5861. Since the rebranding from Fantom to Sonic, the token has surged 30% last week and 10% this week, signaling a potential extended rally. 📌 Can this bullish momentum push Sonic’s price to the key $1 psychological level? Or is an […]

Argentina’s President Milei Speaks Out After LIBRA Crypto Scandal

Argentine President Javier Milei has finally addressed the LIBRA token controversy, following his social media post promoting the crypto project, which later collapsed, affecting thousands of investors. Milei acknowledged that his endorsement may have influenced people to invest, but maintained that he only shared information about LIBRA’s goal of financing Argentine entrepreneurs who lacked access […]

Meteora’s Ben Chow Resigns Amid LIBRA Insider Trading Scandal

Ben Chow, co-founder of Solana-based platform Meteora, has resigned following insider trading allegations tied to the collapse of the LIBRA token, a cryptocurrency initially backed by Argentine President Javier Milei. 📌 LIBRA’s price surged to a $4 billion market cap before crashing 91% within hours, fueling speculation of insider manipulation. 📌 Chow’s departure raises concerns […]