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Analyst Calls Pi Network ‘Biggest Rug of 2025’ After Token Dump


Crypto analyst Atlas has labeled Pi Network as 2025’s biggest rug pull after a 12 million-token dump crashed Pi’s price by 50%. The anonymous sell-off occurred days after Pi surged to $1.60 on speculation, sparking allegations of insider manipulation. Speculation Fueled Pi Network’s Recent...

Solana Chain Extension Sonic SVM Introduces New Token Burn Program


Sonic SVM, the first SVM chain extension on Solana, has announced the introduction of a new SONIC burn program aimed at enhancing the token’s value accrual mechanism. This strategic redesign replaces the previous burning model with a buy-and-lock system, where 50% of all transaction fees will...

Justin Sun to attend Trump's dinner with memecoin backers


After weeks of speculation among crypto enthusiasts and news outlets, Tron founder Justin Sun has claimed he owns the wallet that purchased the largest amount of Donald Trump’s memecoin, allowing him to qualify for a dinner and reception with the US president.In a May 19 X post, Sun said...

Ethereum price gained 90% the last time this indicator turned bullish


Key Takeaways:Ethereum is forming a bull flag on the daily chart, with a potential breakout above $3,600.If ETH reclaims the 2-week Gaussian Channel mid-line, a 90% rally could occur.Ether (ETH) price is consolidating between $2,400 and $2,750 on its daily chart, forming a bull flag pattern with...

Bancor files patent infringement lawsuit against Uniswap over DEX tech


Bancor, the creator of a smart contract-based automated market maker, is suing Uniswap for patent infringement, alleging the decentralized finance exchange has used its technology without permission and profited significantly from it.According to the May 20 announcement of the lawsuit, Bancor...

Validation Cloud deploys Web3 AI engine on Hedera


Artificial intelligence platform Validation Cloud has launched a new large language model on the Hedera network, potentially giving decentralized finance users the ability to reach blockchain data in a more accessible way.The Mavrik-1 AI engine has been deployed on Hedera, with several other...

Argentina's Milei shuts down task force investigating LIBRA scandal


Argentine President Javier Milei has dissolved a task force established to investigate the fallout from LIBRA, the scandalous cryptocurrency project the head of state promoted on his social media channel before it crashed to zero. The Investigative Task Force (ITU) was dissolved via a May...

Bitcoin futures data aligns with BTC traders’ hope for new all-time highs


Key takeaways:Bitcoin buying in the spot and futures markets helped BTC price keep its upward momentum despite $170 million in margin liquidations.Weak stablecoin demand in China and the limited use of futures leverage suggest Bitcoin’s current rally is sustainable.Bitcoin (BTC) price...

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