Ghibli-inspired memecoins on Solana have taken off in the past day, thanks to a wave of Studio Ghibli-style images shared by ChatGPT users on social media. On March 25, OpenAI launched image generation for its ChatGPT-4o model, prompting users to generate artwork in the iconic style of Studio Ghibli, known for popular anime films like…
Key Takeaways Hyperliquid narrowly avoided a $12 million loss in what appears to be a Jelly-My-Jelly token manipulation scheme. Concerns have been raised about Hyperliquid’s liquidation mechanism and associated risks. Share this article Hyperliquid delisted JELLYJELLY after a shadowy whale’s audacious shorting spree sent shockwaves through the exchange, nearly sinking its HLP Vault with a…
This summer, the Wyoming stablecoin project is set to break new ground with WYST crypto, a fully-reserved, fiat-backed stablecoin that marks the first US effort of its kind. Known for pushing blockchain boundaries, Wyoming is banking on WYST to redefine stablecoin adoption. What Is WYST Wyoming Stablecoin? The Wyoming Stable Token, or WYST, breaks ground…
There are some major developments on the Pi Network front, including inclusion in one of the most popular messaging apps for its native token as well as some changes for developers. Let’s dive in. Telegram integration CryptoPotato reported a few days ago, as news emerged that the Pavel Durov-founded messaging app had integrated PI tokens…
Bitcoin exchanges supply has dropped to its lowest in 8 years, sparking hopes of a price recovery towards a new BTC all-time high. According to a Mar. 27 post on X by blockchain analytics firm Santiment, Bitcoin’s (BTC) supply on exchanges has dropped to 7.53%, its lowest level since 2018. This implies that more investors…
Key Takeaways The Blockchain Group acquired 580 Bitcoin, increasing its holdings to 620 Bitcoin. The acquisition was funded by a convertible bond, with Swissquote Bank executing the purchase. Share this article The Blockchain Group, a pioneering Bitcoin Treasury Company in Europe, backed by Adam Back, announced Wednesday it had acquired 580 Bitcoin, valued at approximately…
South Korea regulators have requested Google to block access to 17 crypto exchanges. Affected exchanges include Kucoin, MEXC, Phemex, Coinex, Poloneix and more. “The Financial Intelligence Unit ( FIU) has identified overseas unreported businesses ( 16 companies in 2022, 6 companies in 2023) and is providing guidance to reporting businesses to refrain from doing business…
Fidelity Investments – one of the largest asset managers in the United States – is nearing the launch of its own US dollar-pegged stablecoin. This move comes at a time when the regulatory landscape for cryptocurrencies in the US has grown more favorable, particularly under the Trump administration’s friendly policies. Fidelity Testing US Dollar-Pegged Stablecoin…
Over 30 crypto firms, led by the DeFi Education Fund, are urging Congress to address the Department of Justice’s interpretation of money transmitter laws, which they say could expose non-custodial software developers to criminal liability. In a letter sent to key lawmakers, including Senate Banking Committee Chairman Tim Scott and House Judiciary Committee Chairman Jim…
Key Takeaways Bitget’s CEO has issued a warning about the potential risks at Hyperliquid after a major incident involving the JELLY token. Hyperliquid faces criticism for its handling of the JELLY incident, with concerns about its operational structure and user safety. Share this article Bitget’s CEO, Gracy Chen, warned today about potential risks at crypto…
