Massive XRP Sell-off: Whale Offloads 56.01 Million XRP

The post Massive XRP Sell-off: Whale Offloads 56.01 Million XRP appeared first on Coinpedia Fintech News An XRP whale, identified as …Rzn, has dumped 56.01 million XRP on exchanges in the last 24 hours, intensifying bearish sentiments. The transactions included nearly 30 million XRP to Bitso and 26 million XRP to Bitstamp. This added selling […]

Binance Aids Taiwan in Cracking $6 Million Crypto Money Laundering Case

The post Binance Aids Taiwan in Cracking $6 Million Crypto Money Laundering Case appeared first on Coinpedia Fintech News Binance collaborated with Taiwan’s Ministry of Justice and the Taipei District Prosecutors Office to handle a $6 million cryptocurrency-assisted money laundering case. The Financial Crimes Compliance Department of Binance provided crucial expertise and intelligence. The operation […]

Chainlink (LINK) Price Explodes as Major U.S. Financial Institutions Participate in Fund Tokenization Pilot

The Depository Trust and Clearing Corporation (DTCC), the world’s largest securities settlement system, recently completed a pilot project called Smart NAV in collaboration with blockchain oracle provider Chainlink and several major U.S. financial institutions. The aim of the pilot was to establish a standardized process for bringing net asset value (NAV) data of funds across […]

Dismantling the Fed: A Radical Solution to America’s Economic Woes?

On Thursday, Representative Thomas Massie, a Republican from Kentucky, introduced the Federal Reserve Board Abolition Act (HR 8421), also known as the “End the Fed” bill. The proposed legislation aims to dismantle the Federal Reserve System by abolishing its Board of Governors and affiliated banks, and repealing the Federal Reserve Act of 1913. TLDR Representative […]

Pump.fun Memecoin Launchpad Exploited for $1.9M, Ex-Employee Implicated

Pump.fun, a Solana-based platform for launching memecoins, recently suffered a major security breach resulting in a loss of approximately $1.9 million. The platform has alleged that a former employee, identified as “Jarrett” or “STACCoverflow,” was responsible for the exploit. TLDR Solana memecoin creation tool pump.fun was exploited for nearly $2 million through a “bonding curve” […]

Senate Strikes Back: SEC’s Crypto Accounting Rule on the Chopping Block

In a significant development for the cryptocurrency industry, the U.S. Senate has voted 60-38 to overturn the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin No. 121 (SAB 121). The controversial rule, which imposes regulatory burdens on digital asset custodians, has faced criticism from the crypto community for potentially hindering the ability of banks to […]

Sealana presale hits $1 million milestone – Is it the next PEPE?

As the wider crypto market has experienced a significant surge today, investors are rushing to find the tokens to invest in ahead of the anticipated bull run. With Solana-based meme coins showing major results over the past few bull runs, the crypto community now waits for Solana’s next 100x project to add to their portfolios. […]