Key Takeaways Cristiano Ronaldo’s rumored CR7 memecoin caused a frenzy before collapsing in a rugpull, showing how easily celebrity names are exploited in crypto scams. After a whirlwind of celebrity-backed memecoins in 2024, some skyrocketing in popularity while others collapsed into outright scams, the trend is showing no signs of slowing down in 2025. Big names continue to pour into …
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Key takeaways Cardano community approves $70 million grant to IOE for upgrades. With ADA holding key technical support levels, a breakout above $0.74 could set the stage for further upside. Cardano [ADA] is gearing up for a major leap forward. The community has approved a $70 million grant for Input Output Engineering (IOE) to lead key upgrades across the network. …
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Ethereum has launched a unique initiative: a symbolic NFT torch that will move from wallet to wallet across the globe. Source: X Kicking off on the 21st of July with co-founder Joseph Lubin as its first bearer, the torch will be passed daily among key community members, builders, and contributors. Source: Ethereum.org Each participant will hold it for 24 hours, …
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Key Takeaways An internal wallet compromise resulted in a $44.2 million cross-chain hack for Indian crypto exchange CoinDCX. The CEO confirmed user funds were safe, and all trading activity remained fully operational. One of the largest crypto exchanges in India, CoinDCX, lost $44 million in a significant hack. The hack occurred in the early hours of Saturday in India, and …
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