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Reddit Forum Moderators Discard Reward Tokens Hours Before Program Shutdown


Data analyst Pledditor has revealed that three moderators linked to Reddit's cryptocurrency forum sold over 100,000 MOON tokens before its Community Point program shut down. According to Reddit’s announcement on October 17, the platform disclosed its plans to discontinue its long-running...

Wipe Out — Fake SEC Approval Report Erases $71M in Bitcoin Short Positions


In the wake of fabricated news asserting the U.S. Securities and Exchange Commission (SEC) green-lit Blackrock’s Ishares spot bitcoin exchange-traded fund, short positions worth $78.92 million were cleared out. This sum represented 57% of the overall $136.29 million in short positions erased...

UK Regulator Issues 146 Crypto Alerts Within 24 Hours


British financial regulator, the Financial Conduct Authority (FCA), has issued 146 crypto promotion alerts in the first 24 hours of its new crypto marketing regime. “We expect businesses including social media platforms, app stores, search engines, domain name registrars, and payments firms...

Sam Bankman-Fried's Deal with Tom Brady: $55 Million for 20 Hours of Work


Sam Bankman-Fried had agreed to pay sports icon Tom Brady $55 million for just 20 hours of his time annually over a span of three years. Despite Bankman-Fried's reported lack of interest in sports, he entered into lucrative partnerships with Brady and his then-wife Gisele Bündchen, appointing them...

Newly launched Telegram Casino token $TGC raises $150,000 in 24 hours


Crypto whales are flocking to the newly launched TG.Casino ($TGC) presale, pushing the fundraising beyond $150,000 in a matter of minutes. The project is a Telegram-powered casino that’s causing a stir as it provides a groundbreaking revenue-sharing model that integrates a deflationary...

Stablecoin Ecosystem Holds Firm Despite Lackluster Activity


The stablecoin economy has remained relatively lackluster over the past 30 days, fluctuating slightly above or slightly below the $124 billion range. In the last 24 hours, the global trade volume for fiat and commodity-pegged tokens has reached $11.55 billion. Stablecoin Market Shows Resilience...

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