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Polkadot Rollup, Hyperbridge, Extends Initial Relayer Offering After Selling Over 52 Million Tokens

[PRESS RELEASE – Zurich, Switzerland, January 17th, 2025] Hyperbridge Extends Token Offering Deadline, Token Generation Event Set for Q1 2025 Following the successful launch of its mainnet and Gateway Token Bridge, Hyperbridge announces the extension of its Initial Relayer Offering (IRO) deadline to February 28th, 2025. This decision comes in response to overwhelming demand, with […]

We Asked ChatGPT if Shiba Inu (SHIB) Can Become a Top 10 Cryptocurrency This Year

TL;DR Shiba Inu’s potential return to the top 10 hinges on expanding its ecosystem, like the continued progress of its L2 scaling solution, Shibarium. However, it faces growing competition from other meme coins. Dogecoin (DOGE), which seems poised for a good year due to Musk’s involvement in politics, remains its biggest rival. The Necessary Factors […]

Cynthia Lummis Accuses FDIC of Destroying Operation Chokepoint 2.0 Records

Wyoming Senator Cynthia Lummis has issued a formal letter to Federal Deposit Insurance Corporation (FDIC) Chair Martin Gruenberg, expressing concerns following reports from whistleblowers within the agency. According to the Republican legislator, her office was contacted by individuals alleging that the corporation was destroying documents tied to its digital asset activities. The Alleged Activities In […]

Can Ripple (XRP) Reach $100 This Cycle? BTC Proponent Calls It Impossible

TL;DR XRP jumped 43% in a week, nearing its all-time high, with analysts eyeing $4–$8 targets amid rising adoption and US political shifts. One skeptic dismissed $100+ predictions as unrealistic due to market cap limits, calling XRP a “distraction” compared to Bitcoin (BTC). ‘XRP is a Distraction’ Ripple’s XRP has been flying high in the […]

How Will Markets React to $2.8B Crypto Options Expiring Today?

Approximately 21,600 Bitcoin options contracts will expire on Friday, Jan. 17, and they have a notional value of around $2.2 billion. This week’s expiry event is slightly larger than last week’s, so it is unlikely to have any major impact on crypto markets. Bitcoin has bounced back from its dip to $90,000 and is trading […]

Tapestry Secures $5.75M Series A to Transform Solana-Powered Social App Development, Led by Union Square Ventures and Fabric Ventures

[PRESS RELEASE – New York, USA, January 16th, 2025] With $12.5M total funding, Tapestry’s platform combines AI-powered creation with blockchain-based social infrastructure. Tapestry, a social infrastructure protocol for the Solana ecosystem, today announced its $5.75 million Series A funding round co-led by Union Square Ventures (USV) and Fabric Ventures with participation from Stellation Capital, Slow, […]

Telegram Malware Scams Surge 2,000%, Overtaking Phishing Attacks

Telegram-based malware scams have now outpaced traditional phishing attacks, according to Scam Sniffer’s troubling findings. From November 2024 to January 2025, incidents involving malicious Telegram groups surged by over 2000%, while conventional phishing methods remained stable. Unlike the typical “connect wallet” scams, these new tactics involve more sophisticated methods such as fake verification bots, fraudulent […]

South Korea Targets Crypto Price Manipulation in First Action Under New Act

South Korean financial authorities – Financial Services Commission (FSC) and Financial Supervisory Service (FSS) – reported a suspect of price manipulation in the virtual asset market to the prosecution. This marks the first case processed through formal investigation procedures under the newly enforced Virtual Asset Act, effective July 19, 2024. The case followed a structured […]