AA News

ZachXBT Claims Crypto.com’s Token Re-Issue Is ‘No Different From a Scam’

ZachXBT Claims Crypto.com’s Token Re-Issue Is ‘No Different From a Scam’

Crypto.com is facing mounting backlash from the cryptocurrency community after a controversial decision to reissue 70 billion Cronos (CRO) tokens that were previously burned in 2021. On March 25, prominent blockchain investigator ZachXBT took to X, accusing the exchange of essentially betraying its community by resurrecting the tokens, which represented 70% of the total supply. […]

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After 17 Days of Outflows, Crypto Products Finally Broke the Streak

After 17 Days of Outflows, Crypto Products Finally Broke the Streak

After five weeks of continuous outflows, digital asset investment products saw a turnaround last week, attracting $644 million in inflows. This pushed total assets under management up by 6.3% from their March 10 low. The reversal was further validated by daily inflows throughout the week, breaking a 17-day streak of outflows. According to the latest

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DWF Labs Debuts 0M Fund to Power Web3 Innovation

DWF Labs Debuts $250M Fund to Power Web3 Innovation

Dubai-based crypto market maker and investor DWF Labs has announced the launch of a $250 million Liquid Fund aimed at expanding blockchain projects of different sizes. According to a press release shared with CryptoPotato, the fund will provide investments ranging from $10 million to $50 million per project, with a focus on accelerating Web3 adoption.

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Trump’s Meme Coin Endorsement Wrecked This Investor — 7K Vanished in 60 Minutes!

Trump’s Meme Coin Endorsement Wrecked This Investor — $207K Vanished in 60 Minutes!

A prominent cryptocurrency whale suffered a $207,000 loss from trading the Official Trump (TRUMP) meme coin within an hour on March 23rd. Interestingly, this whale had previously turned an investment of 1.09 million USDC into nearly $108 million by purchasing 5.97 million TRUMP tokens at an earlier stage. $207K Gone in an Hour According to

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Is Now a Good Time to Buy ETH? Analyst Shares Key Insights

Is Now a Good Time to Buy ETH? Analyst Shares Key Insights

Ethereum’s (ETH) underperformance in the last four months has raised speculation about the asset’s overall potential in this bull cycle. Investors are wondering which would be the right move—selling their ETH for other cryptocurrencies to avoid further losses or loading up on the asset in anticipation of future gains. On-chain analyst Ali Martinez has offered

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Here Are the Top DeFi Projects by Development (Santiment)

Here Are the Top DeFi Projects by Development (Santiment)

While the crypto market struggles with the ongoing correction, some sectors are still seeing notable development activity. One of them is the decentralized finance (DeFi) space. A tweet by the on-chain intelligence platform Santiment has revealed the top ten DeFi projects by development. These projects include leading entities like the decentralized blockchain oracle network Chainlink

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Funds Diverted to Crypto Trades, Luxury Splurges

Funds Diverted to Crypto Trades, Luxury Splurges

Carl Erik Rinsch, the director of “47 Ronin,” was arrested on March 18 in West Hollywood, California, after being indicted for wire fraud and money laundering. Prosecutors allege that he misused $11 million from a major streaming service, meant for his science fiction television series “White Horse,” on crypto trading. The $11M Fraud According to

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How Accurate Is Polymarket? Research Shows a 90% Success Rate

How Accurate Is Polymarket? Research Shows a 90% Success Rate

New research has confirmed the accuracy of the blockchain-based prediction platform Polymarket. According to the data collated and analyzed, the project is at least 90% accurate. Alex McCullough, a data scientist based in New York, conducted the research and outlined the results in a dashboard on the market analytics platform Dune. The dashboard tracks Polymarket’s

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20% Increase in IoT Hotspots

20% Increase in IoT Hotspots

In the fourth quarter, Helium’s native token, HNT, saw a 20% quarter-over-quarter (QoQ) decline in circulating market capitalization, falling from $1.3 billion to $1.0 billion. The token’s price dropped by 22%, decreasing from $7.54 to $5.88. Despite the market downturn, the Helium network continued expanding. Growth in Hotspot Adoption According to Messari’s report, Helium Mobile

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Immutable X and zkEVM NFT Sales Surge 55% in Q4 2024, But Market Participation Declines

Immutable X and zkEVM NFT Sales Surge 55% in Q4 2024, But Market Participation Declines

In the fourth quarter of 2024, the total NFT sales volume across Immutable X and Immutable zkEVM increased by 55.3% quarter-over-quarter. Messari’s latest analysis revealed that the figure rose from $51.2 million to $79.5 million. Market Participation Plummets Despite this growth, both the average daily sellers and buyers declined significantly, with daily sellers dropping 43.0%

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