News

Suspicious projects outpublish legitimate ones in crypto press releases

A recent analysis reveals that suspicious cryptocurrency projects are generating more press releases than legitimate ones, raising concerns about the integrity of the crypto media landscape. The study found that these dubious projects often employ aggressive marketing tactics to overshadow credible initiatives. As a result, investors may struggle to distinguish between genuine opportunities and scams. Experts urge increased scrutiny and better regulation within the industry to protect investors and enhance transparency. The trend highlights the need for improved media literacy among crypto enthusiasts.

Read the full article: Coin Telegraph

Hackers Hijack Bonk.fun Domain, Deploy Wallet-Draining Phishing Prompt

Hackers have taken control of the Bonk.fun domain and are using it to deploy a phishing prompt aimed at draining users' cryptocurrency wallets. The malicious site mimics the legitimate Bonk.fun platform, tricking users into entering sensitive information. Security experts warn that unsuspecting users could lose their funds

SEC, CFTC Strike Pact to Coordinate Crypto Rules and Oversight

The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have reached an agreement to enhance coordination on cryptocurrency regulations and oversight. This pact aims to streamline regulatory efforts and address the complexities of the evolving crypto market. Both agencies will collaborate on rule-making and

XRP steadies near $1.38 as Bollinger squeeze hints at breakout before CPI

XRP is currently stabilizing around the $1.38 mark, with technical indicators suggesting a potential breakout. The Bollinger Bands are experiencing a squeeze, which often precedes significant price movements. Market participants are closely watching for any developments ahead of the upcoming Consumer Price Index (CPI) release. This economic data could

Metaplanet Deepens Bitcoin Strategy With $25M Investment Plan, New Venture Arm

Metaplanet has announced a $25 million investment plan to enhance its Bitcoin strategy, alongside the launch of a new venture arm. This initiative aims to support innovative projects within the Bitcoin ecosystem and expand the company's involvement in the cryptocurrency space. The investment will focus on startups and

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Hackers Hijack Bonk.fun Domain, Deploy Wallet-Draining Phishing Prompt

SEC, CFTC Strike Pact to Coordinate Crypto Rules and Oversight

XRP steadies near $1.38 as Bollinger squeeze hints at breakout before CPI

Metaplanet Deepens Bitcoin Strategy With $25M Investment Plan, New Venture Arm