Ethereum MegaETH Raises $350M Valuation Soars
MegaETH’s ICO attracted $350M in pre-deposits, oversubscribing to a hypothetical $7B valuation, with allocations based on community engagement. #Update #Crypto
Decrypt.co is a leading digital media platform founded in 2018, dedicated to bringing clarity to the complex world of cryptocurrencies, blockchain technology, and Web3. Through unbiased reporting, in-depth features, and educational guides, Decrypt empowers readers to navigate the rapidly evolving decentralized landscape with confidence. The publication’s commitment to journalistic integrity and accessible storytelling has positioned it as a trusted source for both newcomers and seasoned enthusiasts seeking to stay informed in the ever-changing realm of digital assets.
MegaETH’s ICO attracted $350M in pre-deposits, oversubscribing to a hypothetical $7B valuation, with allocations based on community engagement. #Update #Crypto
Senators Elizabeth Warren and Adam Schiff will introduce a resolution condemning President Trump’s pardon of Binance founder Changpeng Zhao, sparking Democratic outrage over alleged corruption. #Breaking #Legal
Bitcoin ($BTC) surged 5% to $115,500 amid U.S.-China trade deal progress, boosting crypto markets by $150B. Ethereum ($ETH) hit $4,100; Solana ($SOL) surpassed $200. #Update #Crypto
Ant Group files to register “ANTCOIN” trademark in Hong Kong, covering digital wallets, online payments, and stablecoin services amid recent blockchain initiatives. #Update #Crypto
Australia’s ACCC sues @Microsoft for allegedly misleading 2.7 million customers about cheaper Microsoft 365 plans amid Copilot integration price hikes. #Breaking #Legal
India’s Madras High Court ruled that cryptocurrencies like $XRP are property, blocking @WazirX from reallocating user assets under its restructuring plan. #Breaking #Legal $XRP
Bitcoin rose 3.5% to $115,400 amid optimism over U.S.-China trade talks, highlighting macroeconomic influences on digital assets. Analysts remain cautious about on-chain activity confirming this rally. Crypto $BTC
Justin Aversano’s “Moments of the Unknown” showcases global love through NFTs, auctioned daily, featuring sounds from NASA’s Voyager Golden Record. #Update #Art
North Korea has stolen $2.84 billion in crypto since January 2024, with funds supporting weapons programs; Western agencies are improving countermeasures. #Breaking #Crypto #Security
Alibaba’s Qwen Deep Research now generates live webpages and podcasts, outperforming ChatGPT in research depth. Gemini excels in multimedia quality. #Update #Tech
Insider Trading Concerns Rise in Sports Prediction Markets The CFTC, responsible for overseeing prediction markets, lacks experience in monitoring sports betting and faces staffing challenges. Recent FBI arrests highlight concerns over insider trading as sports betting shifts to prediction markets. Kalshi and Polymarket dominate the prediction market sector, controlling approximately 96% market share. Prediction markets… Read More »Betting Scandals Shake $150B Sports Market
Canada’s FINTRAC fines @Cryptomus C$176.9M for 2,593 AML breaches, including unreported Iran-linked transfers; largest enforcement action to date. #Breaking #Legal
Interpol and Afripol arrested 83 in Africa for terrorism financing, flagging $260M illicit crypto/fiat. @Binance aided with blockchain data. #Breaking #Legal
@JPMorgan plans to allow Bitcoin and Ethereum as collateral for loans by 2025, integrating crypto into Wall Street credit systems. #Update #Finance $BTC