Trump token whale sells for $3.7M profit as memecoin starts decline
The memecoin whale made an over 1,428% return on his initial investment in the Trump token.
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New House Financial Services Committee chair wants to delay crypto tax changes
U.S. Republican Representative Patrick McHenry called for clarification on a “poorly” written digital asset tax provision in a letter to the Treasury. 549 Total views 6 Total shares Own this piece of crypto history Collect this article as NFTThe incoming United States House Financial Services Committee chair Patrick McHenry wants the Treasury to delay the…

Celsius Lists Libra Challenger for 9.9% Potential Interest
Crypto lending platform Celsius Network has listed startup Saga’s SGA stabilized asset, unlocking the potential for token holders to earn interest. “Saga has partnered with leading cryptocurrency interest income platform, Celsius Network,” Saga founder Ido Sadeh Man told Cointelegraph.The collaboration and listing means “users can both preserve their assets’ value with SGA’s proven stabilization mechanism (the…

Attacker hijacks Tornado Cash governance via malicious proposal
The total control over Tornado Cash governance allows the attacker to withdraw all of the locked votes, drain all of the tokens in the governance contract and brick the router. 542 Total views 53 Total shares Adding to the existing roadblocks of the decentralized crypto mixer Tornado Cash, an attacker managed to gain full control…

April Fools, Celebrity Scams, & Manipulated Markets: Bad Crypto News of the Week
Bitcoin seems to be settling happily above $6,000 and is currently just north of $6,500 again. Let’s hope we’ve seen the last of those $5,000 movements and we’re ready for a steady climb back to double figures before the halving in mid-May. It’s getting closer.In the meantime, the Federal Reserve now appears to have merged…

Asian crypto stocks plunge as Bitcoin drops to three-week low
Metaplanet, OSL Group and Boyaa led the crypto stock downturn as Bitcoin fell to $91,163 amid broader market fears over tariff trade wars.

Critics grumble as YieldWars uses AP election call as an oracle
YieldWars used Associated Press data to settle their prediction market, but some question the validity of using their call as an oracle 494 Total views 10 Total shares Following the Associated Press’ call earlier today that President-elect Joe Biden had won victory over incumbent Donald Trump in the U.S. presidential race, the 174 year-old organization…

Back on track: Kraken inks F1 crypto sponsorship deal with Williams Racing
Kraken has inked a partnership deal with Williams Racing marking the first major return to F1 for crypto this year. 354 Total views 39 Total shares Own this piece of history Collect this article as an NFTFormula 1 teams could be warming to crypto advertising again despite a crypto sponsorship exodus in the wake of…

Indian minister wants global crypto rules to curtail money laundering risk
India is yet to finalize a crypto regulatory framework despite assurances of a speedy draft law over the past few years. 29 Total views 2 Total shares Indian Finance Minister Nirmala Sitharaman in her address to the International Monetary Fund called for a global cryptocurrency framework to keep a check on the use of cryptocurrencies…