Crypto Insider
💡 Your premier source for crypto. Stay informed with up-to-date news, trends, and expert insights in the cryptocurrency sector. 📈
Buy Ads: @JamesCookTg (this is our only account).
Recent Posts
Binance launched a feature enabling users to trade between centralized and decentralized exchanges directly from their Binance wallet. The integration supports Ethereum, Solana, Base, and BNB Smart Chain. CEO Richard Teng highlighted the need for regulatory clarity and institutional adoption.
X2Y2 is shutting down its NFT marketplace after a 90% drop in trading volume, down from a peak of $209M in May 2022 to $53.6M in the past year. The project plans to pivot towards crypto AI, focusing on building a decentralized AI platform that offers yield opportunities regardless of market conditions. The native token X2Y2 has also plummeted nearly 90%, with a current fully diluted value of $1.4M.
Strategy has acquired 22,048 BTC for $1.92 billion, bringing its total reserves to 528,185 BTC—over 2.5% of the total supply. The purchase was funded by selling class A shares and STRK preferred shares. Despite recent volatility, the company remains the largest corporate Bitcoin holder.
Larry Fink, CEO of BlackRock, stated that if the U.S. doesn't take control of its national debt, the dollar could lose its status as the global reserve currency to Bitcoin. He highlighted that digital assets, including Bitcoin, might become safer alternatives if economic instability persists.
Layer 1 blockchain Initia announced an airdrop of 50 million INIT tokens ahead of its mainnet launch. 90% of the tokens will go to testnet participants from 2024, while 4.5% will be distributed to users of partner networks like LayerZero, IBC, and MilkyWay. The remaining 6% will reward social media contributors.
A Bank of America survey shows that 58% of fund managers favor gold as a safe haven during trade wars, while only 3% prefer Bitcoin. Institutional investors cite Bitcoin's volatility and lack of crisis-time liquidity as key barriers. As Trump's tariffs fuel uncertainty, gold dominates investment flows.
FTX will start repaying creditor claims over $50,000 on May 30, following its bankruptcy process. Claims will be valued as of the November 11, 2022 bankruptcy date, meaning BTC claims are worth just 20% of current market price. The process could take months due to numerous fraudulent claims.
PumpSwap, the new DEX from Pump.fun, surpassed $10 billion in trading volume within 10 days of launch, claiming 67.4% of Solana DEX volume. Competing exchanges like Raydium and Meteora now lag behind, with Raydium holding just 18.2%. The DEX has generated $20M in fees, with 700,000 wallets accessing the protocol.
Ethereum’s price fell below $1,850, partly fueled by a viral video of Vitalik Buterin “meowing” at a robot. The clip sparked mixed reactions, with some traders humorously linking it to ETH’s decline. Since December 2024, Ethereum has dropped 55%, reaching a 5-year low against Bitcoin.
A Chinese court sentenced 34 individuals to 3-12 years in prison for running the fraudulent crypto exchange OURBIT, which scammed 30,000 investors out of $64 million. The platform used fake trading data and false licenses to appear legitimate, luring victims through WeChat groups and promising high returns.
T-Mobile has been ordered to pay $33 million after being found liable for negligence in protecting customers from SIM-swap attacks that led to major cryptocurrency theft. The ruling, secured by Greenberg Glusker, also includes $6.5 million in legal costs, highlighting the ongoing vulnerability of mobile networks.
Hyperliquid has upgraded its blockchain to enable fully on-chain validator voting for asset delisting, following criticism over the JELLY memecoin delisting. The move aims to address centralization concerns and improve decentralized governance. The platform also pledged to reimburse affected users.
President Trump has pardoned Arthur Hayes, Benjamin Delo, Samuel Reed, and former BitMEX executive Gregory Dwyer. They were previously convicted of violating the Bank Secrecy Act and paid $30M in fines. The decision follows their admission of guilt related to money laundering violations.
Financial author Robert Kiyosaki believes that the FOMO crowd investing in Bitcoin will ultimately accelerate into generational wealth. He warns against saving traditional currencies, favoring gold, silver, and Bitcoin as protection against inflation, and predicts that silver could double or triple in value within the next year.
Ethereum co-founder Vitalik Buterin introduced a roadmap to enhance Layer 2 security, finality, and scalability, featuring a multi-proof system to ensure robustness. He also advocated for a shift from public goods funding to open-source funding to reduce social bias and support impactful development.
Elon Musk has transferred ownership of social network X (formerly Twitter) to his AI company xAI, valuing xAI at $80B and X at $33B. The move aims to merge technologies and data, creating a platform focused on truth and progress. The decision coincides with a court ruling not to dismiss a lawsuit against Musk related to delayed investment disclosures.
Terraform Labs will start accepting compensation claims from March 31 for investors affected by the LUNA and TerraUSD collapse. Claims are eligible for losses of $100 or more, with the total payout estimated between $184.5M and $442.2M. The deadline for submitting claims is April 30, 2025.
The Thai SEC has filed a lawsuit against OKX and its operator Aux Cayes FinTech for providing crypto services without a license. The charges also include nine partners promoting the exchange on social media. If found guilty, they face up to 5 years in prison and fines of up to 500,000 baht ($14,700).
Tron founder Justin Sun appeared on the cover of Forbes, emphasizing his impact on the crypto industry. Sun's Tron platform now serves 300 million users, while his role as global advisor to Huobi HTX boosts the exchange’s reputation. Market reactions point to increased trust and visibility for Tron.
Related Channels & Groups
Crypto Airdrop Hub
Dive into the exciting world of #crypto with our Telegram channel! Stay in the loop with the latest #airdrops, free #crypto, exciting giveaways, and breaking news. Your go-to source for crypto insights and opportunities! 🌐✨ https://Cryptoairdrophub.com
Coin Bureau Insider
Get the latest updates from Coin Bureau straight to your Telegram 📲 Includes: – Altcoin Rally Reports 📈 – Daily crypto news 📰 – Video Updates 👀 – Coin Bureau Jobs 👨💻
Klook Travel Insider: PH Travel Updates
Powered by Klook Philippines, Klook Travel Insider aims to help Philippine locals navigate their way through travelling in the new normal. News and updates on all things domestic travel and leisure will be shared in this group.
Insider.uz
Авторские новости. Для 9,35% интеллектуального меньшинства. Реклама в канал не продается. Обратная связь: @Insider_uz_bot Донат на поддержку свободы слова можно кинуть сюда https://payme.uz/5a79983772f25ef0b11a66ac
