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Tether Posts $5.2 Billion Profit in First Half of 2024


Tether Holdings Limited reported a record-breaking net profit of $5.2 billion for the first half of 2024, according to its latest assurance opinion for the second quarter. The report, conducted by BDO, highlighted Tether’s increased exposure to U.S. Treasury bills and a significant rise...

Messari CEO Selkis Resigns After Controversial Political Posts


Ryan Selkis, founder of Messari, has stepped down as CEO, following controversial social media posts. He will transition to Senior Advisor, while Eric Turner takes over as interim CEO. “This week was the first week in 6.5 years that my politics and rhetoric put the team in harm’s...

Ethereum posts lowest performance since August 2022, losing $61 million


According to market reports, Ethereum witnessed its biggest outflows since August 2022. Digital assets, including Ethereum, are experiencing an outflow for the third consecutive week, totaling $30 million. It seems that Bitcoin’s investor sentiment is changing slowly and significantly.  Media...

Hulk Hogan’s X Posts Vanish After HULK Meme Token’s Sharp Rise and Fall


A new meme token, hulkmania (HULK), has recently entered the dynamic world of meme coins. It appears to have garnered attention from the legendary wrestler Hulk Hogan’s X account, which referenced it on the social media platform. However, the post on the @hulkhogan X account has been deleted...

Microsoft India X Account Hijacked by Crypto Scammers


Cryptocurrency scammers recently hijacked the official Microsoft India X account, which boasts over 211,000 followers, to impersonate Roaring Kitty, the pseudonym of well-known meme stock trader Keith Gill. Microsoft India’s X account, marked with a gold check indicating official...

Friend.tech Co-Founder Posts Bounty to Migrate Platform off Base


Racer, a co-founder of Friend.tech – a socialfi network – has posted a bounty of $200K for anyone bringing an implementation allowing the migration of its platform off Base, the Coinbase incubated rollup Layer 2. Racer declared: “System design bounty: If you can figure out a...

Cryptic NEAR Protocol X Posts Raise Hack Suspicions


Morse code, cryptic messages, and a redesign of Near Protocol's Official X profile have left users concerned that they have been hacked. The post Cryptic NEAR Protocol X Posts Raise Hack Suspicions appeared first on Cryptonews

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