Tag: Crypto

How a 22-Year-Old Turned a Viral Meme Into a $50 Million Memecoin Scandal?

Hailey Welch, a 22-year-old from Tennessee, skyrocketed to fame in June 2024 after a cheeky street interview went viral. Known as the “Hawk Tuah Girl,” her phrase became cultural wildfire. Within days, TikTok remixes, branded merchandise, and podcast deals followed. By July, she’d quit her factory job, earning $65,000 from merchandise and $30,000 per party appearance. However, her ambitions didn’t…

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Atomic Wallet Hack of 2023: How Hackers Drained $100M?

Atomic Wallet emerged in 2017 as a non-custodial crypto solution, empowering users to manage 500+ assets across Windows, macOS, and mobile platforms. Founder Konstantin Gladych championed self-custody, ensuring private keys remained locally stored. This means that users bear full responsibility for securing their digital wealth. By 2023, it boasted over 5 million users, offering staking, swaps, and purchases. However, its…

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Abu Dhabi’s Firm Backing OpenAI and Musk’s xAI Makes $2B Crypto Investment in Binance

Abu Dhabi investment group MGX pledged $2 billion in cryptocurrency to Binance, marking the exchange’s first institutional investment. The transaction, announced Wednesday, used an undisclosed stablecoin pegged to fiat currency. Binance confirmed MGX will become a minority shareholder, though exact stake details remain private. Meanwhile, MGX CEO Ahmed Yahia emphasised the move aligns with Abu Dhabi’s vision to lead blockchain…

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Top 3 Emerging Crypto Trends to Invest In 2025

The cryptocurrency market is evolving rapidly, with new trends shaping the future of digital assets. Investors are increasingly looking at projects that integrate artificial intelligence (AI), Web3, and blockchain interoperability. These sectors are gaining momentum as they solve real-world problems and attract institutional interest. Let’s explore the key trends and the top projects leading the way in 2025. 1. AI-Powered…

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Investors Run to Safety as JPMorgan Increases U.S. Recession Risk to 40%

Investors rapidly retreated from risky assets this week as JPMorgan raised U.S. recession odds to 40%. Following this, the S&P 500 plunged 2.7%, hitting September lows. Similarly, the Nasdaq nosedived 4%, marking its worst day since 2022, while the Dow Jones shed 900 points. Tech stocks and cryptocurrencies led the sell-off, reflecting heightened economic anxiety despite White House assurances. Morgan…

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10 Best Crypto Coins for Long-Term Holding

The cryptocurrency market continues to evolve rapidly, with innovative projects emerging as long-term contenders. Investors eyeing 2026 are evaluating coins that combine robust technology, real-world utility, and sustainable growth. This article explores ten cryptocurrencies on track to deliver success. This contains decentralised finance pioneers and blockchain infrastructure innovators. Here’s a deep dive into each project’s unique value proposition, current metrics,…

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Michael Saylor’s Strategy Resumes Bitcoin Buying with $21B Stock Offering

Michael Saylor’s Strategy (NASDAQ: MSTR) reignited its Bitcoin acquisition strategy Monday, launching a $21 billion at-the-market (ATM) preferred stock offering. The Series A shares (STRK) will fund additional Bitcoin purchases, potentially pushing its holdings beyond 500,000 BTC. The announcement follows a two-week pause in buying, signaling renewed confidence despite market turbulence. The move positions Strategy to further dominate as Bitcoin’s…

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Bitcoin Plunges Below $80000 as Crypto Market Face Relentless Sell-Off

Bitcoin crumbled below $80,000 on Monday, sinking to $77,396, its lowest price since November 2023. The drop followed a 3.8% 24-hour decline, erasing gains from a brief rally to $84,000 earlier in the day. Ethereum briefly dipped under $1,800, down more than 10%, as panic spread across crypto markets. Analysts linked the plunge to fading investor confidence amid macroeconomic uncertainty…

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Jimmy Zhong Bitcoin

How a Simple Glitch Made Jimmy Zhong a Bitcoin Billionaire?

In 2012, the Silk Road dark web marketplace thrived as a digital underworld for drugs, hacking tools, and anonymous Bitcoin deals. Law enforcement scrambled to keep pace, but 22-year-old Jimmy Zhong spotted a flaw. The University of Georgia computer glitch exploited a withdrawal glitch, double-clicking to trick the system into spilling millions. By creating fake accounts, he stole 51,680 bitcoins…

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Solana Co-Founder Questions Trump’s Crypto Reserve; Here’s What Happened

Solana co-founder and CEO Anatoly Yakovenko has expressed skepticism about President Donald Trump‘s proposed cryptocurrency strategic reserve. His concerns emerged despite Solana’s inclusion in the select group of digital assets. On March 6, Yakovenko shared his preferences regarding a US crypto reserve on social media platform X. “No reserve” topped his list of preferences. He believes government control could cause…

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Top 5 Altcoins with High Staking Rewards to Keep an Eye On

Discovering altcoins with exceptional staking rewards can significantly boost passive income potential while supporting blockchain network security. These five standout cryptocurrencies offer compelling returns that outpace traditional investments, representing a strategic opportunity for investors seeking both growth and consistent yield in the evolving digital asset ecosystem. 1. Cosmos (ATOM) Cosmos (ATOM) is a blockchain ecosystem enabling seamless interoperability between different…

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