Author: John Smith
aura, a Solana-based memecoin, surged from $1 million to $50 million in market cap within 4 hours today, but a crypto scam tracker has flagged it as a potential rug pull. According to CoinGecko data, aura (AURA) surged from $0.001 to a high of $0.005 on June 11, marking a 400% gain in a few hours. Its trading volume skyrocketed by over 115,000% from the previous day. Interestingly, there was no official update or announcement from the project that could explain such a steep rally. As of press time, AURA was still up 4,130% over the past 24 hours, trading…
Connecticut has enacted a sweeping ban on state-level use, investment, or custody of virtual currencies, blocking any potential creation of a public Bitcoin reserve. On June 10, Connecticut has enacted HB 7082, a sweeping overhaul of the state’s money transmission laws that includes a strict prohibition on the use of virtual currencies by state entities. The new law, signed as Public Act 25-66 and effective October 1, bars the state and its political subdivisions from accepting payments in virtual currency or from purchasing, holding, investing in, or establishing a reserve of such currencies. The statute defines “virtual currency” as provided…
PancakeSwap’s new cross-chain swap feature that lets users exchange tokens instantly. Powered by Across, the update removes technical hurdles on the platform to make trading easier. Users can now swap tokens between BNB Chain (BNB), Arbitrum (ARB), and Base (BASE) directly through the PancakeSwap interface, completing the process in a single transaction. To use the new Crosschain Swap feature, users can visit the PancakeSwap Swap page, choose a token and destination chain, and confirm the transaction. The interface then tracks all transaction history in one place for convenience. The update allows users to swap between tokens without needing to use…
Polygon co-founder Sandeep Nailwal has been appointed CEO of the project’s foundation, marking a strategic shift to accelerate decision-making and double down on scaling AggLayer. Sandeep Nailwal, co-founder of Polygon (POL), has been appointed CEO of the project’s foundation. The move aims to speed up decision-making amid increasing competition in the blockchain industry, Nailwal said in Bloomberg interview. He noted that before his appointment, the foundation’s institutionalized and decentralized decision-making had introduced “all sorts of slowness” into the operations. Additionally, Nailwal’s appointment stems from a growing unrest within the Ethereum (ETH) community regarding its strategy, which heavily depended on Layer…
The layer-1 blockchain Sui is gaining fresh momentum, edging closer to reclaiming its $2 billion total value locked (TVL) milestone as positive developments ripple through the ecosystem. According to DeFiLlama data on June 10, 2025, the total value locked on… Source link
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Neo Pepe Coin is flipping the memecoin script by combining viral appeal with real utility, smart contracts, and BNB-inspired strategy. The world of cryptocurrency has seen its fair share of memecoins rising to prominence. But every so often, one emerges with staying power, blending humor and utility in ways that capture both hearts and portfolios. Enter Neo Pepe Coin, the new player in the meme token universe that’s turning heads for more than just its hilarious branding. But what…
A cybercriminal group known as Rare Werewolf is running a targeted phishing campaign against Russian and CIS-based companies, hijacking devices to mine crypto and steal sensitive data. Kaspersky’s research revealed that the APT group Rare Werewolf, also known as “Librarian Ghouls” and “Rezet,” has remained consistently active through May, carrying out a relentless campaign that targets organizations across Russia and the CIS. The group uses phishing emails disguised as communications from legitimate organizations to deceive victims into opening malicious attachments. Once these files are executed, the attackers gain remote access to the device, exfiltrate sensitive data (such as credentials and…
Ondo Finance has launched its flagship tokenized U.S. Treasuries product, OUSG, on the XRP Ledger, marking a major step forward in institutional-grade decentralized finance. According to a June 11 announcement on Ripple’s blog, qualified purchasers can now mint and redeem OUSG tokens around the clock using the RLUSD stablecoin as the settlement asset. OUSG, short for Ondo (ONDO) Short-Term U.S. Government Treasuries, provides exposure to low-risk, short-duration Treasury bills via tokenized money market funds. With more than $670 million in total value locked across chains and $30 million already on XRP (XRP) Ledger, it’s one of the largest tokenized Treasury…
User reports about a temporary halt in XRP withdrawals on Binance recently stirred concerns across the community. However, Binance has denied the claims, confirming that XRP withdrawals are functioning normally. The confusion began when a few community members on X reported that XRP (XRP) withdrawals were suspended on Binance, accompanied by a screenshot of a message reportedly shown when attempting a withdrawal. “Your withdrawal is being processed as Ripple’s network is suspended at this moment,” read one widely circulated post. The false reports quickly gained traction, echoing past incidents such as the temporary XRP withdrawal pause reported in late 2024…
Bullish, a crypto exchange backed by Peter Thiel, has confidentially filed for an initial public offering, joining a growing wave of digital asset firms looking to tap public markets. Peter Thiel-backed crypto firm Bullish has confidentially filed for an IPO in the United States, according to people familiar with the matter. The filing was made with the Securities and Exchange Commission in recent weeks, as reported by the Financial Times. Jefferies is set to serve as the lead underwriter for the upcoming offering. This marks Bullish’s second attempt to go public after a failed SPAC merger in 2021. The deal…