LIBRA Memecoin Crash: 86% of Traders Suffer Massive Losses in $251M Collapse
A shocking analysis reveals devastating losses exceeding $1,000 for most investors in the LIBRA memecoin, previously endorsed by Argentina's president. The $251 million total loss highlights the dangers of celebrity-endorsed cryptocurrency investments and may trigger increased regulatory scrutiny.
Binance US Resumes Dollar Services in Major Comeback After Regulatory Battles
Binance US announces the restoration of USD-based services for eligible American customers, marking a significant turnaround after nearly three years of suspension. The move follows regulatory progress with the SEC and includes features like bank transfers, crypto staking, and institutional trading platforms.
OneKey Pro Hardware Wallet Review: Premium Security Meets Advanced Functionality
A detailed analysis of the OneKey Pro cryptocurrency hardware wallet reveals superior security features and extensive crypto support across 60+ blockchains. The device combines EAL 6+ certification, biometric authentication, and air-gap signing with an intuitive touchscreen interface.
Bitcoin Holds Steady While XRP and Altcoins Show Bullish Momentum
Bitcoin trades within a narrow range as analysts maintain optimistic long-term price targets up to $300,000 by 2025. Meanwhile, XRP, Litecoin, MANTRA and Gate Token display upward momentum amid an explosion of new token launches affecting market liquidity.
Argentine President Faces Criminal Charges Over Crypto Token Endorsement
President Javier Milei faces criminal fraud charges after promoting $LIBRA cryptocurrency that crashed 90% following his endorsement. Opposition calls for impeachment as investigators probe potential 'rug pull' scheme involving presidential office meetings with token developers.
Lawmaker Slams Trump and Musk Over Crypto Consumer Protection Concerns
A Democratic congresswoman criticizes Trump's meme coin venture and Musk's DOGE influence during a House hearing, highlighting cryptocurrency scams and weakened consumer protections. The debate intensifies between advocates of stricter regulation and those favoring reduced oversight.
Robinhood's Crypto Trading Surge Drives 14% Stock Rally to Multi-Year High
Robinhood's stock skyrocketed 14% after reporting an eight-fold increase in crypto trading revenue, adding $6 billion to its market value. The commission-free platform's success highlights growing mainstream crypto adoption, despite offering fewer tokens than competitors.
Cyprus Crypto Scam: Resident Loses €430,000 in Sophisticated Investment Fraud
A Limassol resident lost €430,000 after falling victim to fraudsters posing as investment platform representatives who gained access to their crypto wallet. The scammers lured the victim with false promises of $1.5M profits before authorities discovered the elaborate scheme.
Social Media Users Five Times More Likely to Invest in Cryptocurrency, Study Finds
A University of Georgia study reveals social media users are significantly more inclined to invest in cryptocurrency, with platforms like YouTube and Reddit leading the trend. The research highlights the influence of peer pressure and celebrity endorsements while raising concerns about misinformation risks.
Lost Bitcoin Fortune: $750M Hard Drive to Be Sealed in Welsh Landfill
A British man's desperate quest to recover 7,500 bitcoins worth $750 million from a Welsh landfill faces a final setback as local authorities prepare to permanently seal the site. The council plans to repurpose the area into a solar farm, forever burying what could have been one of the largest individual cryptocurrency fortunes.