May 17, 2024

Infamous Pink Drainer Calls It Quits, Citing Mission Accomplished

After wreaking havoc across the digital asset sector and stealing millions of dollars, scam-as-a-service kingpin ‘Pink Drainer’ has vowed to erase all traces of its operations and announced the winding down of its nefarious infrastructure. In an unexpected statement shared via Telegram, Pink Drainer, the wallet drainer tool known for siphoning funds from cryptocurrency wallets,...
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Reddit Stock Soars Following OpenAI Partnership Announcement

Reddit and OpenAI, the creator of the artificial intelligence (AI) chatbot ChatGPT, announced a partnership to benefit both the Reddit and OpenAI user communities in various ways. According to data from Google Finance, Reddit’s stock experienced a 13% surge in after-hours trading immediately following the announcement. Reddit and OpenAI’s Partnership On May 16, Reddit announced...
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Solana Meme Coin Penguiana Hits Softcap As The Presale Raises Over 1500 SOL, Set To Release P2E Game Demo Next Month

[PRESS RELEASE – Dubai, United Arab Emirates, May 17th, 2024] Penguiana’s presale, the penguin-themed Solana meme coin, has now surpassed 1,500 SOL. The team believes this achievement underscores the growing interest surrounding Penguiana within the crypto and meme coin communities. Inspired by the playful and communal nature of penguins, Penguiana is more than just another...
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Aleph Zero Launches Alephoria: Exciting Airdrops, Tournaments, and Rewards Await Users

[PRESS RELEASE – Zug, Switzerland, May 17th, 2024] Alephoria invites web3 users to the Aleph Zero ecosystem with an interactive initiative of campaigns as projects launch Aleph Zero–the privacy-oriented layer 1 blockchain–is gearing up for a surge of new users with its Alephoria campaign. Newcomers can look forward to airdrops and other promotional activities as...
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Senator Lummis Posts Bitcoin Laser Eyes After Passed Crypto Legislation

U.S. Senator Cynthia Lummis recently posted “Bitcoin laser eyes” on X, showing her support for laws supporting the cryptocurrency. The move follows the passing of legislation H.J.Res. 109 in the Senate, which aims to overturn the SEC’s Staff Accounting Bulletin (SAB) No. 121. Senator Lummis Advocates for Bitcoin Legislation U.S. Senator Cynthia Lummis, representing Wyoming,...
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Outer Edge Riyadh Wraps Up Web3 Forum Connecting Tech Enthusiasts, Creators and Creatives from All Over the World in the Kingdom of Saudi Arabia

[PRESS RELEASE – Riyadh, Saudi Arabia, May 17th, 2024] Over 700 attendees from all over the world attended the edutainment forum co-hosted by Edge of Co., Animoca Brands, The Garage, and other prominent Saudi business entities As the Kingdom of Saudi Arabia emerges as a global hub for innovation, Outer Edge, founded by the Edge...
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MetaLend Introduces Cross-Chain Crypto Trading on Ronin Network

[PRESS RELEASE – New York, USA, May 17th, 2024] MetaLend, a crypto trading platform for Web3 gaming assets, has announced its latest update: cross-chain trading on the Ronin ecosystem. This new innovative feature gives users the ability to trade gaming assets on Ethereum, Polygon, and the Binance Smart Chain. After launching as the exclusive DeFi...
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Crypto Highlights: Solana Surges 5%, Ethereum Eyes $5,000, and Furrever Token’s Astronomical ROI

In a rapidly evolving digital asset landscape, Solana has demonstrated a remarkable surge of 5% within a single day, underscoring its appeal to those pursuing swift gains. Concurrently, Ethereum is on the brink of a significant milestone, with industry pundits anticipating a potential ascent to the $5,000 mark, solidifying its status as a cornerstone of...
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Former Pump.fun Employee Exploits Withdrawal Authority, Causes $1.9M Loss

Solana-based meme coin launchpad Pump.fun announced that a former employee used their “privileged position” to access “withdraw authority” and misappropriated around 12,300 SOL, worth approximately $1.9 million at the time. To prevent further damage, Pump.fun halted trading and updated the contracts. Flash Loan Exploit Addressing the exploit, Pump.fun said in an X post that a...
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Crypto Investors Turn Greedy as Bitcoin Surges Past $66K

The crypto market is rife with greed again following bitcoin’s (BTC) latest rally to a three-week high of over $66,000. Data from Alternative.me shows the Crypto Fear and Greed Index is currently as high as 74, indicating a period of greed among digital asset investors. Crypto Investors Are Greedy The surge in crypto market sentiment...
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New Whales and Long-Term Holders Fortify $60,000 Bitcoin Support

Bitcoin’s price has been struggling to gain momentum post-halving. However, the world’s leading cryptocurrency underwent a significant recovery above $66,000 this week, bringing much-needed optimism after several uneventful weeks. The current data indicates that the $60,000 price point has become a crucial on-chain support level, backed by new whale accumulation and the stability of long-term...
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Why Did Coinbase’s (COIN) Shares Dump 9.5% on Thursday?

Coinbase became arguably the most important crypto player in the US this year as numerous ETF providers, including BlackRock, chose the platform to serve as custodian to their Bitcoin exchange-traded funds. Adding the overall bull run for the entire market resulted in positive price movements for its shares, which jumped to over $250 earlier this...
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Margex Includes Kaspa Deposit and Withdrawal to Other Existing Features

[PRESS RELEASE – Victoria, Seychelles, May 16th, 2024] Margex, a cryptocurrency trading platform boasting ultra-convenient and user-friendly copy trading, is excited to announce Kaspa deposit and withdrawal. Kaspa is a blockchain technology that uses a proof-of-work (PoW) consensus mechanism and BlockDAG architecture to improve the scalability and validation of transactions within the shortest possible time...
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Bitcoin (BTC) $ 98,136.29 4.60%
Ethereum (ETH) $ 3,245.29 4.70%
Tether (USDT) $ 1.00 0.10%
Solana (SOL) $ 244.32 2.59%
BNB (BNB) $ 617.27 0.74%
XRP (XRP) $ 1.12 1.89%
Dogecoin (DOGE) $ 0.388298 0.05%
USDC (USDC) $ 1.00 0.01%
Lido Staked Ether (STETH) $ 3,255.76 5.13%
Cardano (ADA) $ 0.796049 4.19%