Author: Digicoinvision
The U.S. Securities and Exchange Commission has officially launched its search for five new members, including the chairperson, to lead the Public Company Accounting Oversight Board (PCAOB) in a pivotal period of fiscal scrutiny and investor protection. SEC Chairman Paul S. Atkins announced the opening of the nomination process for all five PCAOB seats, with […]
Join Our Telegram channel to stay up to date on breaking news coverage Pump.fun and Solana ecosystem partners have been accused of illegally operating a meme coin casino that caused investor losses of up to $5.5 billion. A suit filed by Burwick Law with the Southern District of New York yesterday accused Pump.fun, Solana Labs, the Solana Foundation, Jito Labs and the Jito Foundation of running an unlicensed digital casino. “At the center of this enterprise is Pump.fun, a platform presented to users as a fair and decentralized system for launching and trading meme coins on the Solana blockchain,” it…
Ether may be heading for an unstable period in the near term, as the cost of borrowing wrapped Ether has spiked and technical indicators point to overvaluation, according to a crypto analyst. “We believe Ethereum is looking vulnerable in the near term,” 10x Research head of research Markus Thielen told Cointelegraph on Wednesday.“The market is entering a quieter summer stretch — particularly in the US during August — while technical indicators remain deeply overbought.”WETH “less appealing” amid funding rate surgeThielen explained that a significant risk for Ether’s (ETH) price is the declining profit opportunities of borrowing wrapped Ether (wETH) — a…
WOO X suffered an authorized breach on July 24, resulting in the theft of roughly $14 million in crypto.The exchange said it is investigating the “contained incident” and revealed that the breach resulted in unauthorized withdrawals from nine user accounts. The exchange has paused withdrawals as a precaution.It added in its statement that it has already contacted the affected users and intends to reimburse them fully.$14 million stolen through different tokensRoughly 20 minutes later, the company reiterated that nine accounts were affected, emphasized that many attempted withdrawals had been blocked once the issue was detected, and repeated its commitment to cover…
Key Takeaways Ethereum’s DeFi stack cracked under pressure as one $600 million whale exit from Aave spiked borrow rates, broke LST loops, and forced leveraged players to unwind. After a parabolic 50% monthly rally, Ethereum’s [ETH] 6.5% correction reflects classic market mechanics. It’s the kind where RSI cools off, the market hunts long liquidity, and sentiment flips. Normally, these pullbacks often act as healthy resets, flushing leverage and resetting funding. In theory, it’s where smart money scales in. However, in Ethereum’s case, a $600 million ETH withdrawal flipped the script. Instead of a clean cooldown, it surfaced a structural risk…
Key points:US spot ETF flows show Ether coming out on top against Bitcoin this week.Institutional capital is “rotating” into ETH, Swissblock says — a move that has implications beyond the short term.Ether could emerge as the next crypto bull market leader.Ether (ETH) is “rotating into leadership” as Bitcoin (BTC) swaps gains for consolidation, new research concludes.Crypto market insight firm Swissblock said Thursday that institutional investors are now choosing ETH over BTC this bull market.ETH edges ahead in crypto ETF battleInflows into the US spot crypto exchange-traded funds (ETFs) reveal a turnaround in investor behavior, Swissblock argues.The Ether ETFs, which now…
A wallet tied to Ripple co-founder Chris Larsen moved 50 million XRP, worth around $175 million, between July 17 and Wednesday, sparking backlash from the crypto community amid a pullback in XRP’s price.Blockchain sleuth ZachXBT flagged the transactions in a Thursday post on X, noting that roughly $140 million of the XRP (XRP) was sent to centralized exchanges or services. The transfers to exchanges are usually interpreted as an intent to cash out.“Wallets linked to Chris Larsen still hold over 2.81 billion XRP (worth $8.4 billion),” ZachXBT noted, replying to a user who said, “It’s baffling how much they have…
UCAR and Iotex Collaborate on Real-World Asset Tokenization UCAR Partners With Iotex A China-based electric vehicle (EV) company named U Power Limited (Nasdaq: UCAR) has joined forces with decentralized physical infrastructure (DePIN) firm Iotex to tokenize its network of battery swapping and charging stations, according to a Wednesday press release provided to Bitcoin.com. Battery swapping […]
Community & educationBlockchain Education in NepaleSatyaSupport to host free meetups and their blockchain course that aims to familiarize Nepalese developers with the key elements of blockchain through project-based learning.Community & educationCryptoStatsCommunity-driven project that provides neutral crypto metrics and develops tools for gathering data and building websites that visualize the data in practical ways for the community.Community & educationDeFi LATAM MeetupMeetup with educational talks and workshops to celebrate the end of the year and foster enthusiasm to continue building together in the next year.Community & educationDevcon Satellite Events GrantsSponsorship of Devcon-related meetups and watch parties around the globe, with the purpose…
Remember when Solana rallied from below $10 to an all-time high of $294 earlier this year? Or when Pepe made it onto CEXs with a tiny market cap, only to suddenly explode, creating countless meme coin millionaires? Those weren’t flukes. They were sleeper plays – undervalued cryptocurrencies hiding in plain sight before the crowd piled in. And the market’s still serving them up. You just need to know where to look. Right now, with altcoins beginning to rise and Bitcoin dominance slipping to 61.1%, we’re tracking five names that share the same quiet-before-the-storm energy. No baseless hype – just solid…