Author: James Wilson

Article written by James Wilson

Burwick Law files a lawsuit against Pump.fun

January 17, 2025 1 min read

Burwick Law has initiated a lawsuit against Pump.fun, representing investors who claim to have lost money due to failed meme coins and alleged rug pulls on the platform. The law firm is encouraging affected users to join the case by filling out an intake form. Pump.fun, a notable meme coin launchpad on the Solana blockchain, faces accusations of financial misconduct and not fulfilling promises. Reports suggest that over 60% of

The SEC delays its decision on the Bitwise 10 Crypto ETF to March 2025

January 15, 2025 2 mins read

The US Securities and Exchange Commission (SEC) has postponed its review of the Bitwise 10 Crypto Index ETF proposal until March 3, 2025. This extension gives the SEC more time to evaluate the fund, which aims to track leading crypto like Bitcoin, Ethereum, and Solana. The proposal was initially submitted by NYSE Arca on November 14, 2024, and published in the Federal Register on December 3, but it received no

SYNTHR tokens are now available for farming on KuCoin’s GemPool

January 14, 2025 1 min read

KuCoin, a leading cryptocurrency exchange, has introduced SYNTHR (SYNTH) to its GemPool, allowing users to farm tokens by staking KCS or USDT. The campaign is active from January 8 to January 14, 2025, and is particularly beneficial for new users who register after January 7, 2025, at 16:00 UTC and complete KYC verification. The total reward pool for this staking campaign is 4,347,826 SYNTH tokens, divided into two pools. The

Notcoin price surges by over 8% in the last 24 hours

January 12, 2025 1 min read

The cryptocurrency market is trying to recover from a bearish trend, with Bitcoin currently priced at around $94,000. Altcoins are also experiencing slight gains, although the market has been quiet over the weekend. Upcoming events, particularly Trump’s swearing-in, may influence market activity next week. Notcoin has emerged as a standout performer, experiencing a 7.09% price increase after a week of declines. On January 10, Notcoin (NOT) was trading at $0.0059

US charges 3 Russians for crypto money laundering

January 12, 2025 1 min read

Three individuals, Roman Vitalyevich Ostapenko, Alexander Evgenievich Oleynik, and Anton Vyachlavovich Tarasov, have been indicted for running crypto mixing services Blender.io and Sinbad.io. These platforms allegedly helped criminals launder funds from ransomware attacks and other crimes. U.S. Attorney Ryan K. Buchanan emphasized the commitment to dismantling cybercriminal infrastructure. The indictment states that these mixers provided a way to hide the origins of illegally obtained cryptocurrency. Brent S. Wible, from the

A UK court denies James Howells’ bid to recover a $770M Bitcoin-filled hard drive

January 11, 2025 1 min read

A UK court has ruled against James Howells, a Welsh IT engineer, in his attempt to recover a hard drive containing 8,000 Bitcoin from a Newport landfill. The court dismissed the case due to high costs and environmental risks associated with excavation. As a result, Howells cannot retrieve Bitcoin now valued at over $770 million. Howells lost the hard drive in 2013 when his partner accidentally threw it away. The

Ripple president says XRP ETF could soon be a reality

January 8, 2025 1 min read

An XRP exchange-traded fund (ETF) may soon be approved, according to Ripple President Monica Long in a recent Bloomberg interview. She expressed optimism about the future of crypto regulations in the U.S., suggesting that XRP could be next in line for an ETF after Bitcoin and Ether. Long believes that with the change in administration, the approval process for crypto filings will speed up. Ripple is also launching its new

Popular crypto wallet Phantom dismisses speculation about a potential token launch

January 6, 2025 1 min read

Phantom, a popular cryptocurrency wallet, recently announced the successful reception of its new social features, which were launched in December. These tools enable users to create profiles, connect with friends, and customize privacy settings, including options for public, private, or invisible profiles. Currently, these features are available only on the mobile app, but Phantom has indicated that support for its Chrome extension is forthcoming. The introduction of follower and friend

Solana Winternitz Vault generates new cryptographic keys for each transaction

January 5, 2025 1 min read

The Solana Winternitz Vault is a groundbreaking solution developed by Solana to mitigate the risks posed by quantum computing to blockchain security. Utilizing a hash-based signature system, this vault generates new cryptographic keys for each transaction, enhancing the safety of users’ funds against potential quantum attacks. Traditional security measures, such as the Elliptic Curve Digital Signature Algorithm (ECDSA), may become vulnerable as quantum computers advance, capable of executing complex calculations

Vitalik Buterin urged Elon Musk to moderate his tone and approach on X amid debates over free speech

January 2, 2025 1 min read

Ethereum co-founder Vitalik Buterin has recently taken a prominent stance in two significant debates within the cryptocurrency and tech sectors. He has called on Elon Musk to adopt a more measured tone regarding free speech and immigration discussions on X, particularly in light of Musk’s controversial defense of H1B visa policies. Musk’s remarks supporting foreign tech workers have drawn criticism from conservatives, who argue that such policies disadvantage native workers.

The IRS offers temporary tax relief for CeFi crypto users in 2025

January 2, 2025 1 min read

In a significant move to alleviate the tax burden on cryptocurrency holders using centralized exchanges (CeFi), the IRS has announced a temporary measure for the year 2025. From January 1 to December 31, taxpayers will have the option to utilize personal records or crypto tax software to select specific asset units for tax purposes, diverging from the traditional First-In, First-Out (FIFO) method. This change is particularly beneficial during bull markets,

MicroStrategy purchases 2,138 BTC for $209M

December 31, 2024 1 min read

Bitcoin’s recent price drop has raised worries for investors about the future of the cryptocurrency market, especially since altcoins usually follow Bitcoin’s lead. Even with this decline, Matrixport has pointed out past trends and other elements that could suggest Bitcoin might bounce back next year. MicroStrategy, a well-known software company, has boosted its Bitcoin holdings to 446,400 BTC after buying 2,138 BTC for $209 million at an average price of