The memecoin frenzy has taken a massive hit, with trading volumes plunging and investor sentiment cooling, but analysts suggest that the sector isn’t dead but just entering a new phase of evolution. According to CoinGecko founder Bobby Ong, a string of failed launches, insider-dominated projects, and rug pulls have drained liquidity and enthusiasm from the
Rosemina J.
Rosemina is a blockchain researcher specializing in payment systems and DeFi. She discovered decentralized finance during DeFi Summer and has been deeply immersed in the space ever since. As a contributor to CoinRock, she shares her in-depth research on the latest trends, innovations, and challenges in blockchain payments and DeFi, helping readers navigate the decentralized finance landscape.
The FBI has placed a $10 million bounty on Ryan Wedding, a former Canadian Olympic snowboarder turned fugitive drug kingpin, who is accused of orchestrating a massive cocaine and fentanyl trafficking empire and using Tether (USDT) to launder illicit funds. The U.S. Department of State confirmed the reward under its Narcotics Rewards Program (NRP), placing
FBI Offers $10M Bounty for Ex-Olympian Accused of Laundering Drug Money With Tether
New York lawmakers are stepping up efforts to combat fraudulent memecoin schemes with a newly proposed bill that seeks to criminalize rug pulls and enhance investor protection in the crypto market. The legislation, introduced by Assemblymember Clyde Vanel on March 5, could mark a turning point in regulatory oversight for digital assets, particularly in the
New York Bill Seeks to Protect Crypto Investors From Memecoin Rug Pulls
Bitcoin staking is taking a major leap forward as Solv Protocol partners with Soneium, an Ethereum Layer 2 blockchain, to bring BTC staking into the DeFi ecosystem. Announced on March 6, this collaboration enables users to stake Bitcoin on Soneium, a blockchain supported by Japan’s Sony Group. By bridging Bitcoin’s stability with Ethereum’s vibrant decentralized
Solv Protocol Partners With Soneium to Bring Bitcoin Staking to Ethereum L2
The march toward institutionalizing meme coins took a significant leap forward as NYSE Arca submitted a rule change proposal to list the Bitwise Dogecoin ETF. If approved, this move could redefine the landscape for Dogecoin (DOGE), expanding its accessibility to institutional and retail investors alike. On March 3, NYSE Arca, a subsidiary of the New
NYSE Arca Proposes Rule Change to List Bitwise Dogecoin ETF
The debate over the US Crypto Strategic Reserve is intensifying, with Coinbase CEO Brian Armstrong and Gemini co-founders Tyler and Cameron Winklevoss advocating for a Bitcoin-only approach. Their stance follows President Donald Trump’s announcement of plans to create a crypto reserve, which would include Solana, Cardano, XRP, Ethereum, and Bitcoin. However, Armstrong and the Winklevoss
Coinbase and Gemini CEOs Back Bitcoin Only US Crypto Reserve
FTX creditors may be waiting over two years to recover their funds, but one trader who foresaw the exchange’s downfall argues that the delay is actually a victory especially considering the scale of the collapse and global legal complexities involved. For many, waiting two years for repayment after one of the largest financial frauds in
Trader Who Predicted FTX Collapse Calls 2 Year Repayment a Win
Donald Trump is staking his claim in the metaverse, filing a trademark for a virtual world built around his brand. The move follows previous ventures into NFTs, DeFi, and memecoins, reinforcing his strategic presence in the crypto space ahead of the 2024 election. The Trump Organization has filed a trademark application with the U.S. Patent
Trump Trademarks ‘TRUMP’ Metaverse for NFTs and Digital Experiences
Germany’s crypto adoption takes another leap forward as Boerse Stuttgart Digital partners with DekaBank to power institutional cryptocurrency trading. This collaboration marks a significant step in the country’s evolving regulated digital asset landscape, offering institutional investors secure and compliant access to crypto markets. Bridging Traditional Finance with Crypto Boerse Stuttgart Digital, the crypto division of
Boerse Stuttgart Digital Powers Crypto Trading at DekaBank
Ripple Labs has formed a strategic partnership with BDACS, a South Korean digital asset custody provider, to enhance institutional custody solutions for XRP and Ripple USD (RLUSD). This collaboration marks a significant step toward strengthening the country’s institutional crypto infrastructure amid increasing regulatory scrutiny and demand for secure digital asset storage. Ripple Custody Expands in
Ripple Partners with BDACS for XRP and RLUSD Custody in South Korea
A new crypto job scam is draining victims’ wallets, using fake offers and malware-infected apps like GrassCall to exploit job seekers. A sophisticated social engineering scam has been uncovered, where cybercriminals use fake job offers and a malware-laden app called GrassCall to infect victims’ devices and drain their crypto wallets. According to a Feb. 26
Scammers Use Fake Crypto Jobs and ‘GrassCall’ App to Drain Wallets
In a significant regulatory crackdown, South Korea’s Financial Intelligence Unit (FIU) has suspended Upbit’s ability to onboard new customers for three months, citing violations of anti-money laundering (AML) and Know Your Customer (KYC) policies. The move is a stark warning to crypto exchanges operating in one of the world’s most tightly regulated digital asset markets.