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.

MOODENG Token Pops 62% in 24 Hours After Vitalik’s Epic Donation

Summary: MOO DENG (MOODENG) just hit the glow-up of the year, surging 62% in the last 24 hours to a price of $0.0002111. The hype? All thanks to Ethereum co-founder Vitalik Buterin’s 10M Baht donation to Khao Kheow Wildlife Sanctuary for our fave pygmy hippo, Moo Deng.

From Meme to Market Star

What started as a meme token is now making serious moves. Vitalik’s donation isn’t just a kind gesture it’s a game-changer, boosting visibility for MOO DENG. With $13.75M in trading volume over the last day, this coin is catching all the crypto FOMO vibes. Oh, and the market cap? Sitting pretty at $86.24M, with around 41 billion MOODENG coins in circulation.

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Hippo Hype Hits Hard

Moo Deng isn’t just a hippo it’s an icon. The internet’s love for this little guy is spilling into the crypto world, with investors vibing hard with the token’s feel-good, charity-driven energy. Meme coins like MOODEND are riding on the wave and on the power of community support not only this much but this community support and latest surge shows and expresses how a news on positive way can totally flip the script in the volatile crypto space.

What’s coming now?

Everyone knows the market is evolving and as the market evolves, all eyes are on whether MOODENG can keep this momentum or if the hype will fade. One thing’s for sure: the combo of a good cause, internet buzz, and a hippo mascot is definitely hitting all the right notes for now.

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Pi Network Restores Password Recovery Option for Users

Pi Network’s new SMS recovery feature helps users reset passwords, secure accounts, and protect Pi coins before the Grace Period ends.

Hey Pioneers! Pi Network just dropped a game-changer by bringing back the “Forgot Password” feature. Now you can easily recover your account via SMS and protect your precious Pi coins.

Here’s how it works:

  1. Open the Pi Network app on your phone.
  2. Tap “Forgot Password” on the login screen.
  3. Enter the phone number linked to your Pi account.
  4. Check your phone for an SMS verification code and enter it.
  5. Set a new password, and voilà—you’re back in!

This update couldn’t have come at a better time. With the Grace Period deadline looming, it’s crunch time to secure your account. Forgetting your password doesn’t mean you lose your Pi anymore. Pi Network is making sure you don’t miss out by letting you easily recover access and safeguard your coins.

Why’s this so big? In crypto, losing access to your account is a nightmare. But Pi Network’s move shows they’ve got your back, making security and user-friendliness a priority.

Don’t sleep on this! Recover your account now and secure your Pi before the Grace Period ends. Pi Network’s keeping it real as it preps for the Open Mainnet phase—don’t get left behind!

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PancakeSwap Pops Off in 2024: $310B Volume and 179% Growth

Summary: PancakeSwap is living its best life in 2024, smashing records with $310.6 billion in trading volume a wild 179% jump from last year. This DeFi OG is flexing hard, proving it’s still the GOAT of decentralized exchanges.

Multi-Chain Magic

What’s fueling this glow-up? PancakeSwap has gone full-on multi-chain, spreading its wings across nine blockchains like BNB Chain, Arbitrum, zkSync, and Ethereum. Layer-2 chains like Base and opBNB are the real MVPs, making transactions faster and dirt cheap. Translation: no more rage-quitting over gas fees.

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Upgrades That Hit Different

2024 has been all about PancakeSwap leveling up. PancakeSwapX now lets you do fee-free, gasless swaps basically the cheat code for DeFi. Then there’s the SpringBoard launchpad, which helps you drop new tokens on BNB Chain without any drama (or fees). Oh, and they brought AI into the game with prediction markets and even dropped Telegram bots to make trading feel like texting your BFF. The PancakeSwap Bridge? It’s giving main character energy, letting users move assets across eight blockchains like it’s no big deal.

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Burn, Baby, Burn

To keep the vibes high, PancakeSwap burned 455.5 million $CAKE tokens this year. With 1.79 million $CAKE holders worldwide, the platform is keeping its squad strong. As we roll into 2025, PancakeSwap is all gas, no brakes expect more innovation, bigger moves, and zero mid energy.

WazirX Token (WRX) Nosedives 90% in Just 10 Days

Summary: It’s been a brutal 10 days for WazirX Token (WRX), with its value tanking over 90%. As of December 25, WRX barely clung to a support level at $0.0144, leaving everyone wondering: is it game over, or can it pull off a comeback?

WRX Attempts a Comeback

Currently priced at $0.01873, WRX is trying to catch its breath, showing a glimmer of hope with a 53.46% bounce in the last 24 hours. But don’t get too excited it’s still a jaw-dropping 88.08% down for the week. Basically, WRX is like that friend who finally texted back after ghosting you for days.

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Binance Drops the Bomb

The chaos began on December 18 when Binance dropped the mic, announcing it would delist WRX. The market freaked out, and WRX crashed 40% in just an hour. Imagine the panic—wallets crying, group chats exploding, and investors in full “what just happened” mode.

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Will WRX Find Its Mojo?

Right now, WRX is like a boxer trying to stand up after a knockout punch. The big question: can it rally and rebuild trust, or is this just the start of a bigger meltdown? For now, all eyes are on WRX, waiting to see if it’ll bounce back or become another cautionary crypto tale.

India’s Finance Ministry Explores DeFi’s Impact

Summary: India’s Finance Ministry has shown great interes into the world of evergreen and growing Decentralized Finance(DeFi) hyped for its innovation but cautious of its chaos. Minister of State for Finance, Pankaj Chaudhary, spilled the tea on how DeFi could shake things up, urging for a chill-but-watchful regulatory vibe.

DeFi: The New Kid on the (Virtual) Block

DeFi’s like the cool, rebellious cousin of traditional finance no middlemen, no red tape. But with great freedom comes great risks. India’s Ministry of Finance sees the potential but isn’t blind to the drama. They’re teaming up with global brainiacs like the IMF and FSB to figure out how to keep the DeFi party lit without crashing the economy.

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Chaos in Crypto Land

The Ministry is all about “stablecoins first, vibes later.” DeFi’s unregulated and decentralized nature can be a black hole for scams and financial meltdowns. Even the Reserve Bank of India has been side-eyeing crypto for its economic and legal risks. It’s basically telling everyone, “Don’t YOLO your life savings into this.”

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Balancing Act: Fun Meets Safe

Minister Chaudhary is playing referee encouraging innovation while throwing a penalty flag at risks. India’s working on rules that let DeFi stay fresh but keep users safe. Plus, they’re planning to up everyone’s financial literacy game, so people know how to handle their crypto without getting wrecked.

Fartcoin Soars 50% in a Day, Reaching $1.11 Milestone

Fartcoin has surged 50% in 24 hours, reaching $1.13 and attracting massive trading volume, with Binance offering 75x leverage, sparking interest despite the risks of meme coins.

Fartcoin’s back and bigger than ever! In the last 24 hours, the meme coin shot up 50%, hitting a high of $1.13 before settling at $1.10. With over $220 million in trading volume, it’s clear that Fartcoin’s got some serious hype going on.

The token’s market cap is now above $1 billion, and crypto traders are all over it. What’s making it even more awesome is that Binance has jumped in, adding it to its perpetual markets with a crazy 75x leverage. This is drawing in both retail traders looking for quick gains and institutional investors looking to take bigger risks.

It’s not just centralized exchanges that are buzzing. Fartcoin’s also making a splash on decentralized exchanges, with 26% of its trading volume still coming from Raydium and 23% from Meteora.

Critics are warning about the wild volatility and risk of meme coins, but Fartcoin’s massive trading volume and growing adoption across different platforms show it’s not slowing down anytime soon. Whether it’s a quick pump or the start of something bigger, Fartcoin’s got all eyes on it—and crypto traders are definitely paying attention. Stay tuned for the next move!

Also Read: Russia Hits Pause on Crypto Mining in 10 Regions

WazirX Token (WRX) Plummets 90% in Just 10 Days

WRX tanked 90% in 10 days, hitting $0.0144 after Binance announced its delisting on Dec 18, causing a 40% drop in just an hour. It’s bouncing back slightly, up 53% in 24 hours, but still down 88% for the week. WazirX now faces serious challenges in a shaky market.

WazirX’s WRX token is having a rough time, crashing 90% in just 10 days. On December 25, it hit a critical low of $0.0144, leaving investors wondering if it could make a comeback. While WRX has seen a slight rebound, jumping 53.46% in the last 24 hours to $0.01873, it’s still down a staggering 88.08% for the week.

The chaos started on 18th of this month when Binance dropped the bombshell news of delisting WRX. Within an hour, the token nosedived 40% which came as a surprise to the WazirX community and left many scrambling. The delisting was yet another hit for WazirX, which has been struggling to maintain stability in the volatile crypto market.

Now, all eyes are on WRX to see if it can recover or if it’s heading for deeper losses. The Indian crypto exchange is facing a tough battle, trying to regain investor confidence while navigating a shaky market.

Currently the token’s fate hangs in the balance, and its ability to stabilize will determine if this is a temporary setback or the beginning of the end for WRX. Investors are keeping their fingers crossed for a turnaround.

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Russia Leverages Bitcoin for Trade Amid Western Sanctions

Russia’s flipping sanctions with Bitcoin, using its mining power for global trade while calling out the U.S. dollar’s politics and doubling down on crypto despite local mining bans.

Russia’s taking a bold leap, using Bitcoin and other cryptos to dodge Western sanctions and keep trade alive. Finance boss Anton Siluanov spilled the tea on TV, saying new laws now let Russia roll with crypto for foreign deals.

The problem? Sanctions shook up trade with major partners like China and Turkey, with banks scared of Western heat. But Russia’s not sweating it—they’re flexing their crypto mining game hard. As one of the world’s top Bitcoin miners, they’re turning mined BTC into international trade currency, with plans to scale up next year.

Siluanov’s hyped about crypto’s potential to flip the script on global payments, and even Putin’s chiming in. He’s calling out the U.S. for using the dollar like a political weapon, which he says is pushing nations toward decentralized options like Bitcoin.

But it’s not all smooth sailing. Russia just banned Bitcoin mining in 10 regions until 2031 to handle energy issues. Still, they’re staying dominant in the crypto space, balancing mining regs with new trade policies. The move’s all about surviving sanctions and finding financial freedom while the West watches closely.

Basically, Russia’s playing a whole new game with Bitcoin, making waves in global trade..

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Argentina Seizes $3.5M in USDT Over Rainbowex Ponzi Drama

Summary:Argentina’s justice system just dropped the hammer on Rainbowex, a Ponzi scheme promising wild returns. Authorities froze $3.5 million in USDT and are chasing down suspects linked to the scam, which reportedly scammed thousands of investors in Buenos Aires.


$3.5M Wallet Freeze: Crypto Justice Goes Hard

Argentina’s Justice Department has swooped in and taken over a Tether (USDT) wallet holding $3.5 million. This is just the tip of the iceberg in a bigger takedown of Rainbowex, a Ponzi scheme promising unreal daily returns of up to 2%. Alongside the USDT, authorities froze multiple wallets and bank accounts tied to the scam, according to iProUp.

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Big brains from Lemon (Argentina’s second-largest crypto exchange), Chainalysis, and Qlue helped trace the shady transactions and connect the dots. Their expert sleuthing gave investigators the crypto receipts they needed to act fast.


Raids, Arrests, and Sky-High Promises

The Rainbowex crackdown has already seen over 15 raids across Argentina, with at least four arrests made so far. The feds aren’t stopping there they’ve called in Interpol to track down key players in Malaysia who allegedly masterminded the scheme.

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Rainbowex pitched insane returns, turning heads with promises of 1-2% daily gains nearly 3,500% annually. The scam reportedly hit tens of thousands in San Pedro, a town of 70,000. Locals now face financial chaos, while authorities race to clean up the mess.

MicroStrategy Bags 3,177 BTC, Boosts Yield by 0.72%

Summary: MicroStrategy isn’t showing any sign of stopping as it just added another 3,177 BTC to the mixture of already vast BTC reserve that it has. CEO and Bitcoin maxi Michael Saylor shared the win on Twitter, revealing a 0.72% yield boost that directly ups the company’s holdings. With Bitcoin chilling at $94,000, this haul adds a massive $299 million to the books, leaving shareholders grinning ear to ear.

Saylor’s Big BTC Play

Michael Saylor and his squad at MicroStrategy aren’t just holding Bitcoin; they’re making it work for them. This week, their financial wizardry netted a 0.72% yield measured in BTC. TL;DR: they turned their Bitcoin stash into even more Bitcoin. That’s 3,177 BTC added to their collection worth a cool $299M at today’s prices. Saylor called it “treasury ops,” but let’s be real, it’s straight-up Bitcoin alchemy.

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Stacking Sats Like Pros

MicroStrategy’s Bitcoin obsession is long-term, with a whopping 439,000 BTC in the vault, their stash has surged the company’s stock by over 400% in 2024. No wonder they scored a spot on the Nasdaq-100 Index.

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