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Crypto Liquidations Explode to Over $2.2 Billion as Bitcoin Dumped by $10K Daily

The geopolitical uncertainty started by the new US president over the weekend took its toll on the crypto market, which is always open for trading. Bitcoin’s price tumbled by ten grand within a day to an intraday low of $91,500 (on Bitstamp), while the altcoins were smashed with massive double-digit price drops, leaving billions worth […]

Solana’s Retail Surge Driven by Pump.fun, Ethereum Still King of Large Trade

Solana is currently dominating the retail decentralized exchange (DEX) market and accounts for 48% of total DEX volume. In fact, nearly 60% of this activity is driven by the popular Solana-based meme coin platform pump.fun transactions, according to OKX’s recent report shared with CryptoPotato. Solana vs. Ethereum While Solana leads in overall transaction volume, Ethereum […]

T3 FCU Freezes $26.4M in Spain as Justin Sun Warns of Blockchain Abuse

Spanish law enforcement, in partnership with blockchain firms Tron, Tether, and TRM Labs, has frozen $26.4 million in cryptocurrency linked to a money laundering network operating across Europe. The operation was carried out by the T3 Financial Crime Unit, an initiative formed in August 2024 by the three companies to combat illicit financial activities. The […]

New Jersey Man Convicted in Fentanyl Trafficking and Money Laundering Crypto Scheme

A New Jersey jury has convicted a man for his role in a drug trafficking and money laundering operation that used wire transfers and cryptocurrency to move illicit funds. The scheme, which prosecutors in the case say ran for six years, involved importing and distributing fentanyl-related substances. Crypto-Fueled Drug Network The federal jury found William […]

Will Trump Pardon Sam Bankman-Fried? Parents Make a Direct Appeal (Report)

The parents of the disgraced FTX co-founder Sam Bankman-Fried are looking into options to obtain a pardon for their son from former US President Donald Trump, according to a Bloomberg report. Stanford Law School professors Joseph Bankman and Barbara Fried have reportedly held discussions in recent weeks with attorneys and individuals linked to Trump’s circle […]

Grayscale Announces Bitcoin Mining Industry ETF (MNRS)

On Jan. 30, the firm announced the Grayscale Bitcoin Miners ETF with the ticker MNRS. The product is a passively managed ETF tracking the mining industry and the Indxx Bitcoin Miners Index. “MNRS provides exposure to Bitcoin Miners and the global Bitcoin mining industry at a time when we’re seeing unprecedented interest and growth in […]

Czech Point: Prague Central Bank Wants Bitcoin, Lummis Freaks Out

The Czech Republic’s central bank head recently echoed statements he made earlier in January boasting plans for the Central European nation to begin stockpiling Bitcoin, in remarks published by the Financial Times Wednesday. On Thursday, the Czech National Bank (CNB) said it would start analyzing the prospects of introducing additional asset classes to its reserve, […]

Pump.fun Faces Class Action Over Alleged Securities Law Breaches

Solana-based meme coin creation platform Pump.fun has been hit with a proposed class-action lawsuit accusing it of violating U.S. securities laws. The suit, filed on January 30, alleges that every token created through Pump.fun constitutes an unregistered security, from which the platform has profited nearly $500 million in fees. Alleged Securities Violations and Investor Losses […]