Category: Cryptocurrency

Cryptocurrency is digital money that works online. It lets people send and receive payments directly without banks. It runs on secure networks called blockchains, making it fast and global.

Is the SEC Planning to Pause Its Lawsuit Against Ripple?

The SEC might stop its lawsuit against Ripple, following delays in similar lawsuits against Coinbase and Binance, amid the prospect of a settlement.


The SEC is possibly taking the break on the lawsuit against Ripple after it’s caused a delay with lawsuits against Coinbase and Binance.Former SEC member John Reed Stark opines the move is possible by referring to the recent example in which the SEC suspended court hearings from Coinbase and Binance when the Crypto Task Force intervened.

In the Binance instance, the SEC sought a two-month stay, and it seems the agency is making its transition with the new enforcement unit renaming. That shift in approach might encourage the SEC to settle, and Ripple might be up next.

Legal expert Jeremy Hogan speculates the SEC and Ripple may settle on a deal anytime, especially as the XRP ETF approval accelerates. Since there are three ETF applications underway, the regulators finally are sitting up and taking notice, so it is increasingly likely.

Even though the court ruled that XRP is not a security for certain transactions in 2023, the SEC has kept fighting the case. With some SEC lawyers reassigned and a focus on reducing crypto enforcement, a pause or settlement could be on the horizon, just like with Coinbase and Binance.

Also Read: Dave Portnoy Banks $258K on GREED Memecoin, Unveils GREED2 for Round Two

Dave Portnoy Banks $258K on GREED Memecoin, Unveils GREED2 for Round Two

Dave Portnoy cashed $258K from GREED memecoin, crashed its price, launched GREED2, and mocked investors while warning about meme coin scams.

Dave Portnoy, the popular entrepreneur and social media personality, just made a massive $258K by flipping 357.92 million GREED tokens—his own memecoin. Portnoy bought up 35.79% of the token supply and dumped it all in a single transaction, causing the GREED price to crash by 99% in a matter of minutes. Total chaos, right?

But he didn’t stop there. Portnoy quickly launched GREED2, buying 26.8% of the total supply. On-chain platform Lookonchain flagged it as a potential scam, warning users to stay safe and keep their funds away.

Portnoy had some harsh words for the memecoin community, calling it all about “greed”. After reportedly losing over $5 million in a LIBRA token scam, he didn’t hold back. “The entire ecosystem is Greed and nothing else,” he said. He also gave a brutal warning to investors, advising them not to risk what they can’t afford to lose and mocking them by saying, “Now dance for me!!!”

With the LIBRA token scandal still fresh and more scams popping up, GREED just added another chapter to the memecoin drama.

Also Read: Is 2025 the Year of Altseason? Outset PR’s Founder Reveals How Crypto Projects Can Benefit

Is 2025 the Year of Altseason? Outset PR’s Founder Reveals How Crypto Projects Can Benefit

Bitcoin’s dominance is a sign of an imminent altseason. Analysts say altcoins will pump hard, but only projects with actual utility will survive.


Bitcoin’s been dominating the crypto scene, holding 61% market dominance, but experts say that might change soon. Historically, once BTC soaks up liquidity, altcoins explode, and signs of that shift are already showing. The Altcoin Season Index is lower than in December 2024, but analysts believe we’re on the brink of a major altcoin rally.


Big tokens like Ethereum (ETH), Solana (SOL), and Ripple (XRP) are already in the game. Solana increased over 60% in January to an all-time high of $294.33, and XRP increased 563% in two months. Despite some falls, altcoins like DOGE, BNB, ADA, and SUI still have immense market faith.


Political news headlines are also adding to the hype. Eric Trump promoted ETH on social media on Feb. 4, and market participants are getting more and more bullish. Crypto influencers like TRACER and Michaël van de Poppe are expecting a massive altcoin pump this year.

But Mike Ermolaev, CEO of Outset PR, warns that not all altcoins will thrive. He says real-world utility matters more than hype. His example? Choise.ai’s CHO token, which survived the last bear market because it actually had a working product.

So, will altseason 2025 be a moon mission or just hype? If Bitcoin keeps pulling in institutional money, expect altcoins to pop off—but only the useful ones will stick around.

Also Read: ED Seizes ₹1,646 Crore in Crypto from Ahmedabad Man Tied to BitConnect Scam

Trump-Linked WLFI Buys 200M Tokens Amid Growing Crypto Reserves—What’s the Endgame?

WLFI, a Trump-affiliated crypto project, bought 200M tokens after withdrawing $10M USDC, stacking assets like Bitcoin and Ethereum.

A Trump’s World Liberty Financial (WLFI) multi-signature wallet recently purchased 200 million WLFI tokens after it pulled $10 million USDC from Binance on Feb. 18. This fresh update, covered by On-Chain Lens, adds fuel to the fire surrounding WLFI—a politically connected crypto project.

WLFI has been bringing in the big money, raising $455 million in token sales. The first sale raised $319 million, selling tokens at $0.015 per token, while the second round raised $136 million at $0.05 per token. Despite it having set itself up as a DeFi lending platform, WLFI has not yet launched any real DeFi services, leaving everyone questioning its real use case.

Observers think this isn’t just about crypto—it’s about leveraging Trump’s political power for financial gain. The Trump family controls 75% of token sales revenue, and Justin Sun (founder of TRON) has become the biggest institutional investor, putting in $75 million.

WLFI is stacking assets, holding $327M across various platforms, with big chunks in Bitcoin, Ethereum, and stablecoins. The latest move signals one thing—WLFI is building a massive war chest, but whether it’s for crypto dominance or something else remains to be seen.

Also Read: Hackers Impersonate Saudi Crown Prince, Launch Fake $KSA Memecoin

ED Seizes ₹1,646 Crore in Crypto from Ahmedabad Man Tied to BitConnect Scam

Summary: Indian officials have confiscated ₹1,646 crore ($197 million) of cryptocurrency from an Ahmedabad resident connected to the BitConnect Ponzi scheme. The Enforcement Directorate (ED) also seized cash, a luxury sports utility vehicle, and digital devices as part of its ongoing investigation.

India’s Enforcement Directorate (ED) has conducted one of its biggest crypto seizures, freezing ₹1,646 crore ($197 million) in digital assets in relation to the BitConnect scam. Besides crypto, authorities also froze ₹13.50 lakh in cash, an SUV, and various digital devices in their raid in Ahmedabad.

YOU MIGHT ALSO LIKE: Ethereum Sees $1.1B Stablecoin Surge as Solana Loses Ground

BitConnect, a well-known international Ponzi scheme established by Satish Kumbhani, attracted investors with a guarantee of 40% returns every month through a so-called “volatility software trading bot.” Investors sent in Bitcoin (BTC), which was exchanged for BitConnect’s own token BCC. The Ponzi scheme also used multi-level marketing (MLM) strategies, in which users were compensated for recruiting new investors.

YOU MIGHT ALSO LIKE: Hong Kong Asia Holdings’ Stock Explodes 93% After Unexpected Bitcoin Purchase

After operating between 2016 and 2018, BitConnect fell apart after regulators stepped in, causing investors across the globe to lose billions. The ED has been probing the case since 2018, earlier seizing ₹489 crore worth of assets. Officials have also confirmed foreign involvement, and Kumbhani is still under US federal investigation.

Solana Slips Under $170 as Memecoin Scams Shake Investor Confidence

Solana’s price dips below $170 due to dropping network activity, memecoin scams, and FTX token unlock—trust issues growing.



Yo, Solana’s price is plummeting, falling below $170, and everyone’s talking about it. The coin is down 9% today, at $167.57, and it’s not looking good. So, what’s happening?

Overall, network activity is declining. Not as many users are utilizing Solana for applications such as trading and DeFi initiatives, and when the network’s idle, the price goes down. Crypto analysts also pointed out that major holders are cashing out coins, with accounts holding more than 100 SOL decreasing by 2.24% in the recent past.

On top of that, Solana’s DEX volume is tanking by 24%, while Binance Smart Chain is thriving, with its DEX volume up nearly 50%.

But the real kicker? Memecoin scams. Solana’s had some sketchy memecoins recently, like the LIBRA token that crashed by 94%, leaving traders with huge losses. It turns out, the same wallets behind LIBRA were involved in the Melania Trump memecoin scam. Yeah, not a good look.

Investors are losing faith, and with $2.06 billion in SOL about to be unlocked from the FTX bankruptcy, things could get even worse. Solana’s in a tough spot right now, with FUD hitting hard.

Also Read: Geth Calls on Ethereum Validators to Upgrade to Latest Version for Network Stability

Geth Calls on Ethereum Validators to Upgrade to Latest Version for Network Stability

Geth released an emergency update—validators running v1.15.1 need to upgrade as soon as possible to v1.15.2 or lose block rewards and fee!



Ethereum validators, pay attention—Geth recently released an emergency update! If you’re currently on v1.15.1, you must upgrade to v1.15.2 as soon as possible, or you’ll be missing out on block rewards and transaction fees!.

Why? Turns out v1.15.1 had a critical bug messing with block creation on the Ethereum mainnet. This means validators miss slots, lose rewards, and basically get rugged by their own setup. Not ideal.

The fix? Geth pushed v1.15.2 on February 17, this year, patching the issue and bringing back Discv5 and DNS peer discovery protocols, which help nodes stay connected and functional. These were accidentally disabled in v1.14.9, making this update even more crucial.

Geth devs are not kidding at all. They are seriously saying this update is required if you need to keep your validator running and you’re sure about securing your bag. Delaying can lead to lost ETH, so do not be slow—update as soon as possible.

The whole experience is a reminder that staying updated in crypto is not all hype, it is a survival. Validators, keep your software updated, or lose out in a big way!

Also Read: Is XRP Partnering with Elon Musk to Hit $600? Fact or Fiction?

Hackers Impersonate Saudi Crown Prince, Launch Fake $KSA Memecoin

Summary: Scammers hacked an account pretending to be Saudi Arabia’s Crown Prince Mohammed bin Salman, using it to promote a fake memecoin, $KSA, and another token, $FLCN. The tweets vanished quickly, and officials confirmed the hack.

In another wild crypto scam, hackers took control of an account impersonating Saudi Crown Prince Mohammed bin Salman and used it to launch a fake Saudi Arabia Memecoin ($KSA). The tweet went out at 15:00 UTC, luring in unsuspecting investors.

YOU MIGHT ALSO LIKE: Ethereum Stablecoin Market Expands by $1.1B in Just One Week

But that wasn’t enough for the scammers. Shortly after, they promoted another token, FALCON ($FLCN), directing users to a suspicious website, FLCN.meme. The posts stirred up some hype before vanishing into thin air.

Now, the hacked account has been drained, and police confirmed that it had indeed been hacked. It was the classic crypto scam playbook: impersonate a prominent person, generate buzz, present fake coins, and disappear before the victims can figure out what happened.

YOU MIGHT ALSO LIKE: Nayib Bukele and Michael Saylor Meet in El Salvador, Discuss Bitcoin’s Future

These scams are becoming more common, preying on hype and FOMO. When you see an “official” memecoin announcement out of nowhere, pause—because more often than not, it’s another rug pull in the making.

Ethereum Sees $1.1B Stablecoin Surge as Solana Loses Ground

Summary: Ethereum’s stablecoin supply jumped by $1.1 billion in just a week, while Solana saw a $772 million decline. Analysts say Ethereum’s lower gas fees and technical improvements are driving demand for USDT and USDC on the network.

Ethereum is seeing a fresh wave of stablecoin activity, with on-chain data showing a $1.1 billion increase in USDT and USDC supply over the past week. Concurrently, Solana has witnessed a precipitous fall of $772 million, with questions raised regarding changing market trends.

YOU MIGHT ALSO LIKE: Nigeria Government vs. Binance’s Tigran: A Clash Over Corruption Allegations

Ethereum and Solana dominate the stablecoin market to a great extent, but recent patterns indicate Ethereum taking momentum back, as per blockchain analytics platform Lookonchain. The drop in gas fees and continuous improvements in Ethereum’s infrastructure have made it a more attractive option for stablecoin transactions, bringing fresh liquidity back to the network.

Meanwhile, Solana has lost nearly $780 million in stablecoin supply, with no clear explanation.Others believe network stability problems and changing user needs may be pushing funds elsewhere.

YOU MIGHT ALSO LIKE: Is XRP Partnering with Elon Musk to Hit $600? Fact or Fiction?


Data from DefiLlama shows Ethereum still leading the stablecoin market with over $122.9 billion in supply, or 54.63% of the total supply. Solana, however, has just 5.15%—around $11.58 billion.

These shifts reflect the constantly shifting nature of crypto markets, in which small fluctuations in cost, speed, and reliability can quickly influence where consumers would rather transact.

Hong Kong Asia Holdings’ Stock Explodes 93% After Unexpected Bitcoin Purchase

Hong Kong Asia Holdings’ stocks rose 93% just to buy 1 BTC—crypto mania does exist, but will it last?



Hong Kong Asia Holdings recently made waves in the market with its stock going up 93% after announcing that it bought one Bitcoin. Yes, just one BTC—and investors still lost their minds.

The company, not really known for crypto moves, casually dropped the news in a filing, and suddenly, the market was all in. Some people think this could be the start of a bigger crypto play, while others say it’s just classic hype. Either way, the stock price pumped hard, proving once again that even the smallest crypto connection can send investors into a frenzy.

This isn’t the first time a company saw its stock moon over a crypto headline. It happened before when businesses hinted at blockchain adoption—even if they didn’t actually do much with it. But the real question is: Is this pump legit, or just another hype-fueled spike?

If Hong Kong Asia Holdings actually goes deeper into Bitcoin or blockchain, this could be a game-changer. But if not, this rally might fade just as fast as it came. For now, the market’s vibing with crypto, and the bulls are running.

Also Read: Nigeria Government vs. Binance’s Tigran: A Clash Over Corruption Allegations

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