Market Updates
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Solana Crashes Hard! Has the Memecoin Hype Finally Died?
Solana (SOL) has suffered a major price decline, with its value decreasing as concerns over network congestion, fraud and security breaches have started to emerge. The previous reputation of the blockchain which was a benefit for high-speed distributed applications, has tired due to the influx of fraudulent website activities, which most recently have led to…
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Rejuve.AI to Airdrop 50 Million RJV Tokens on March 3
Rejuve.AI has revealed a major airdrop of 50 million RJV tokens, set to begin on 3rd March 2025, as part of SingularityNET’s Phase II program, actively to reward AGIX token holders for their participation in the ecosystem before the relevant snapshot date. To qualify for an airdrop, participants must have held SingularityNET’s AGIX tokens before…
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Stablecoin Bank Infini Suffers $49.5 Million Hack Days After Bybit Attack
Stablecoin bank Infini has fallen victim to a major security breach, losing $49.5 million worth of crypto, linked to insider access that occurred a few days after Bybit suffered a $1.46 billion hack, followed by a mass withdrawal of $6.7 billion. Insider Exploit of Infini Drains Funds Blockchain security firm Beosin Alert confirmed that an…
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Circle Mints Another 250M USDC—Total Hits $8B in 2025
Circle has minted an additional 250 million USDC on Solana, it will in turn increase its current total issuance of 2025 by a staggering sum of 8 billion USDC as demand for regulated stablecoins continues to rise. On-chain analytics firm Spot On Chain announced the latest mint in a February 24 tweet post, revealing to…
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JPMorgan Warns: Crypto Demand Crashing—Can Trump Save BTC?
According to a JPMorgan report released Wednesday, the cryptocurrency market is experiencing weak demand, with institutional investors withdrawing from Bitcoin (BTC) and Ethereum (ETH) futures. Analysts noted that Bitcoin and Ethereum futures are selling for less than their current prices, a sign that investors are not confident about short-term growth. JPMorgan’s team explained that when…
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Microsoft vs. Google: The AI Battle Heats Up with GPT-5
Microsoft is aiming to dominate the AI battlefield, which, among other things, will see it implement OpenAI’s upcoming models, including GPT-4.5 and GPT-5, into its ecosystem. As AI competition rises among the major tech companies, Microsoft is seeking to act as a leader in the general race, which attracts a lot of attention when Google…
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SEC’s Crypto Crackdown: Major Fraud Unit Launched After $250M Scam!
The U.S. Securities and Exchange Commission (SEC) has announced the creation of the Cyber and Emerging Technologies Unit (CETU) to tackle fraud and cybercrime in the cryptocurrency and blockchain sectors. This new unit was launched on February 20, 2025, to replace the former Crypto Assets and Cyber Unit of the SEC and aims to improve…
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Gems Launchpad Unveils Virtual Miners to Revolutionize Web3 Investing
Gems Launchpad introduces a new virtual miner aimed at making blockchain investment simpler, more secure and risk-managed. Founded in 2024, Gems Launchpad has established itself as a prominent player within the blockchain investment space. The platform manages over 2.5 million users, who are supported by 3,500 community leaders and has already raised approximately $200 million…
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Walmart Shocks Wall Street with Surging Sales & Big Dividend Hike
Walmart delivered very strong financial performance during the holiday quarter; they have surpassed the current expectations set by the financial markets with higher sales figures, increased e-commerce growth and a major dividend increase. Sales Surge and E-commerce Boom The retail giant saw 4% revenue growth, which was at $180.55 billion, beating expectations of analysts of…
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Hong Kong Pushes Web3, Tokenization & Stablecoin Expansion
Hong Kong is making a rapid effort towards establishing itself as a global leader in the Web3 and digital finance sectors, and tokenization and stablecoins are at the centre of its recent strategy. As regulators are taking very bold steps, the region is actively positioning itself as a pioneer in the development of the blockchain…