Someone at Binance flicked the wrong switch, and Solana meme coin ACT got vaporized. A sudden update to Binance’s leverage and margin tiers triggered a 50% price crash for ACT in a mere 30 minutes, leaving traders bewildered and altcoin values twitching. Several altcoins listed on Binance experienced double-digit percentage drops, according to an X … Read more
Just when you thought the meme coin frenzy couldn’t get any wilder, PumpFun, the launchpad known for its Solana-based meme coin mania, drops PumpFi. This isn’t just another random token generator; PumpFi is pitched as a “DeFi-focused product” designed to grease the wheels for broader adoption of meme coins and NFTs. Barely after launching PumpSwap … Read more
Wall Street heavyweight BlackRock, managing a staggering $12 trillion, just signaled it’s serious about crypto, registering as a crypto asset firm with the UK’s Financial Conduct Authority (FCA) on April 1, 2025. Landing spot number 51 on the FCA’s list of approved crypto handlers, this move greenlights BlackRock to dive deeper into the digital asset … Read more
Tether, the stablecoin issuer, just dropped $735 million on 8,888 Bitcoin in the first quarter of 2025, as if to say, “We’re serious about this crypto thing.” This acquisition bumps their total Bitcoin holdings to a hefty 92,646 BTC. Staying consistent with their stated plan, Tether is channeling 15% of their quarterly profits straight into … Read more
Executive shakeup at crypto custodian Zodia Custody as CFO Jonathan Hugh exited the London firm earlier this year. Adding to the changes, former COO Samuel Howe also recently departed, according to reports. A Zodia Custody spokesperson offered a diplomatic statement on Hugh’s departure, noting his “valued” contributions and “expertise” during a period of company expansion. … Read more
Hold onto your hats, Bitcoin maximalists: Metaplanet, a Japanese hotel group, just dropped another $58.5 million on BTC, pushing its total holdings to over 4,000. The Tokyo-based company (3350) added 696 bitcoin to its reserves, bringing its total to 4,046 BTC and solidifying its position as the ninth-largest public holder of the cryptocurrency. Metaplanet disclosed … Read more
Ethereum is back on top in the wild world of decentralized exchanges, snatching the number one spot from Solana this March. It’s the first time Ethereum has reigned supreme in DEX trading volumes since last September. This swap at the top comes as the memecoin market cools down, throwing a bit of shade on Solana-based … Read more
Bitcoin miner Hut 8 is reportedly considering a strategic pivot that could catapult it into the big leagues of data center hosting, potentially by acquiring a hyperscaler. A Clear Street report suggests this move could follow the spin-off of American Bitcoin Corp., its new venture with the Trump family. While American Bitcoin Corp., a partnership … Read more
OKX has a new legal eagle. Linda Lacewell is stepping in as Chief Legal Officer, succeeding Mauricio Beugelmans, who recently exited stage left. Lacewell’s move to CLO comes after serving on OKX’s board since last year. Her resume boasts a stint as Superintendent of the New York Department of Financial Services, bringing regulatory gravitas to … Read more
Forget April Fools’ jokes—crypto traders on Binance got a real scare Tuesday when several tokens suddenly nosedived. Some coins plunged as much as 50% within a mere 30 minutes, leaving market participants scratching their heads and checking for glitches. Act I, the Prophecy (ACT) took the hardest hit, plummeting 50%. DeXe (DEXE) wasn’t far behind, … Read more