News

Ripple rebrands to focus on cross-border payments and stablecoins

February 18, 2025 1 min read

Ripple has announced a significant rebrand to align with the Internet of Value. The company is shifting its focus to cross-border payments and stablecoins. This change reflects Ripple’s goal to transform global value transfer. On February 14, Ripple shared its rebranding news on X. The company emphasized its commitment to innovation in financial transactions. Ripple’s vision remains the same: to create seamless value transfer worldwide. A key part of this

Arctic Pablo Coin’s 66% APY Staking Can Transform Your Investment – Invest Now with Arctic Pablo, Fartcoin’s Potential, and Snek’s High-Speed Blockchain

February 17, 2025 6 mins read

When it comes to investing in cryptocurrency, the presale phase can be an absolute game-changer. For those looking to maximize their returns and get in early on the next big crypto project, the best crypto to buy are essential to keep an eye on. In this article, Let’s explore three of the most exciting crypto presales in 2025: Arctic Pablo Coin, Fartcoin, and Snek. These projects stand out not only

Pi Network faces criticism over scam claims

February 17, 2025 2 mins read

Pi Network is facing criticism as it approaches its Mainnet launch. Critics question its legitimacy, but analyst Kim Wong defends the project. He highlights its widespread adoption, decentralized blockchain, and compliance with Know Your Customer (KYC) regulations as signs of credibility. Despite his defense, concerns linger about its referral-based mining system, past data breaches, and potential legal issues. In a post on X (formerly Twitter), Wong emphasized the benefits of

Indian officials seize $190M in assets amid BitConnect Ponzi scheme

February 17, 2025 1 min read

Indian officials have seized around $190 million, or approximately Rs 1,646 crore, during an investigation into the BitConnect cryptocurrency fraud. This investigation is led by the Enforcement Directorate (ED) in Ahmedabad. It is part of a broader inquiry into a global Ponzi scheme that collapsed in 2018. The ED announced that it began its investigation under the Prevention of Money-Laundering Act (PMLA). This inquiry is based on FIRs filed by

Argentina’s President Javier Milei faces an investigation after endorsing LIBRA

February 17, 2025 2 mins read

Argentina’s President Javier Milei is facing an investigation for promoting the cryptocurrency LIBRA. His support led to a temporary increase in the token’s value, but it soon crashed. Critics accuse Milei of being involved in a pump-and-dump scheme, where the price is artificially inflated before insiders sell off their holdings for profit. Some are even calling for his impeachment. On February 14, Milei endorsed LIBRA on social media, claiming it

ByBit launches Avalon Token (AVL) on Bybit Spot.

February 17, 2025 1 min read

Avalon Labs has partnered with Bybit, the second-largest crypto exchange, to launch Avalon Token (AVL) exclusively on Bybit Spot. This partnership introduces an incentive-based savings plan through Bybit Earn. Participants can earn annual percentage rates (APRs) of up to 50% during a structured staking period. Approximately 10,000 USDT worth of AVL tokens will be distributed to qualified users as rewards. Avalon Labs is the largest issuer of Bitcoin-backed stablecoins. Their

Senator Cynthia Lummis pushes for the Bitcoin Strategic Reserve

February 16, 2025 2 mins read

Senator Cynthia Lummis is a leading advocate for Bitcoin in the U.S., representing Wyoming. She promotes the integration of Bitcoin into national economic policy, notably through her Bitcoin Strategic Reserve initiative aimed at boosting financial stability. Recently, she became chair of the Senate Banking Subcommittee on Digital Assets, a crucial role for shaping Bitcoin regulations. At the upcoming Bitcoin 2025 event, Lummis will address Bitcoin’s significance in financial reserves and

Argentina’s LIBRA token drops by over 90%

February 16, 2025 1 min read

Argentina’s recent launch of the $LIBRA token has caused a stir in the cryptocurrency market. Promoted by President Javier Milei, the Solana-based meme coin initially soared to a market cap of $4.5 billion. However, it quickly collapsed by about 90% due to doubts about its legitimacy. After reaching a peak price of $4.50, LIBRA’s value fell to around $0.50, with a trading volume of $1.1 billion. Following this drastic drop,

The SafeMoon team launches a memecoin on Solana (SOL)

February 15, 2025 1 min read

The SafeMoon team is set to launch a new memecoin on the Solana blockchain. This event will take place on Saturday at 1:00 AM UTC. The team has taken significant steps to manage their existing tokens. They have burned 2.2 trillion SFM tokens across three networks: Ethereum, Polygon, and Binance Smart Chain. Most of the tokens on Ethereum and Polygon have been eliminated. Additionally, about 60% of the Binance Smart

Qubetics, Tron, and Aptos: Which Is Among The Best Crypto ICOs to Invest in for 2025 With Real-World Solutions and Future Growth

February 15, 2025 8 mins read

Cryptocurrency is at the forefront of revolutionizing not just digital finance, but also industries across the globe. From seamless transactions to groundbreaking decentralized finance solutions, the innovations are endless. As 2025 rapidly approaches, it’s time to focus on the next big things in crypto: Qubetics, Tron, and Aptos. These three projects aren’t just riding the wave of change; they are actively shaping the future of blockchain, making them among the

The NFT brand Yuga Labs sells off the NFT collection Meebits

February 15, 2025 1 min read

Yuga Labs has sold its NFT collection Meebits and its related intellectual property to a new company called Meebit Company, or “MeebCo.” This company aims to expand the Meebits brand creatively. They plan to enhance community engagement and introduce new merchandise. After selling Meebits, Yuga Labs will focus on its Bored Ape Yacht Club NFT brand and the Otherside metaverse project. Despite the sale, Meebits will continue to have a

Ethereum Foundation sends $120 million worth of ether to DeFi lending protocols

February 15, 2025 1 min read

The Ethereum Foundation has recently moved some of its ether holdings into decentralized finance (DeFi) protocols. This decision involves transferring a total of 30,800 ether, valued at $81.6 million, into Aave, which is the largest DeFi lending platform. From its multi-signature wallet, the foundation deposited 20,800 ETH, worth $55 million, into Aave’s core market. Additionally, 10,000 ETH, valued at $26 million, was placed in Aave Prime. Moreover, the foundation allocated