Viral Memecoin Launch Drives Pump.fun to Record-Breaking $15M Daily Revenue
Solana-based platform Pump.fun hit a new milestone with $15.38M in single-day fees, driven by the viral launch of Vine Coin backed by the app's co-founder. The platform's meteoric rise includes processing $4B in recent trading volume despite growing competition and regulatory scrutiny.
Nasdaq X Account Hack Leads to $123M Memecoin Scam
A cybersecurity breach of Nasdaq's X social media account was exploited to promote a fraudulent 'STONKS' cryptocurrency that briefly reached $123M market value. The incident highlights growing concerns about social media security and cryptocurrency scams targeting major financial institutions.
Social Media Account Hacks Target Crypto Projects with AI-Related Scams
Multiple prominent cryptocurrency accounts on X platform have fallen victim to sophisticated hacking attacks promoting fraudulent Solana-based tokens and AI schemes. The incidents, including breaches of Litecoin and Foresight Ventures accounts, resulted in losses while highlighting persistent security vulnerabilities in crypto social media.
Litecoin's Social Media Account Compromised in Crypto Scam Attempt
Litecoin's official X account was briefly hijacked to promote a fraudulent Solana-based token, marking the latest in a series of high-profile crypto social media breaches. The incident highlights growing security challenges as scammers increasingly target trusted cryptocurrency brands to exploit investors.
Litecoin's Social Media Account Compromised in Latest Crypto Scam Attack
Litecoin's official X account was hacked to promote fraudulent cryptocurrency tokens on Solana blockchain, highlighting ongoing security challenges in crypto social media. The team quickly regained control and is implementing new security measures after the breach occurred through a compromised delegated account.
AI Token PIPPIN Soars 200% as AI-Focused Cryptocurrencies Rally
The AI agent token PIPPIN has surged 200% in 24 hours, sparking widespread gains across AI-focused digital assets. The project, featuring an AI-powered unicorn mascot created by Yohei Nakajima, combines meme coin appeal with open-source development and automated social media engagement.
Blockchain Investigator Warns: 99% of AI Agent Tokens Are Scams
Renowned blockchain detective ZachXBT raises alarm over fraudulent AI agent tokens flooding the crypto market, declaring most lack real utility. His warning comes amid growing skepticism from Solana developers, though some industry leaders remain optimistic about AI agents' future role in decentralized systems.
Ethereum's Buterin Calls for Civility in Musk's H1B Visa Debate
Ethereum co-founder Vitalik Buterin urges restraint as Elon Musk's heated stance on H1B visas sparks platform controversy. The debate intensifies amid reports of users losing X premium features after criticizing Musk's position, raising concerns about censorship and discourse control.
Coinbase CEO Proposes USDC Integration for X Social Media Platform
Coinbase CEO Brian Armstrong advocates for integrating USDC stablecoin transfers on Elon Musk's X platform, aligned with X's vision of becoming an 'everything app'. The potential collaboration comes as USDC sees remarkable growth in 2024, with its supply increasing over 80% to $43 billion.
Elon Musk's Frog Avatar Triggers 6% Surge in Pepe Cryptocurrency
The meme cryptocurrency Pepe (PEPE) defied market trends with a 6% price increase after Elon Musk changed his X profile picture to a frog in Roman armor. The surge pushed PEPE's market cap above $8 billion, reinforcing its position as the third-largest meme cryptocurrency.