In Brief A fake DeepSeek meme coin hit a $12 million market cap, following a $48 million rug pull by another phony token launched just days earlier. Scammers target novice crypto investors, leveraging hype around AI protocols and high-profile names like DeepSeek and Donald Trump. Crypto scams are rampant, with $857 million stolen via TRUMP…
Read more
In Brief The Abu Dhabi Global Market (ADGM) has played a key role in positioning the UAE as a leading hub for cryptocurrency and blockchain adoption. Its supportive regulatory framework, streamlined processes, and commitment to innovation have attracted major industry players. The DLT Foundations Framework provides a unique and innovative legal structure for blockchain foundations…
Read more
In Brief Mark Cuban suggested creating a meme coin with proceeds donated to the US Treasury, sparking intrigue and skepticism. Cuban’s critique of rug pulls highlights concerns about scammers exploiting naive investors in the booming meme coin market. The billionaire’s proposal may be satire, but it underscores growing fears about the legitimacy of the cryptocurrency…
Read more
In Brief Multiple crypto ETF applications were filed as Gary Gensler exited the SEC, signaling optimism for regulatory changes. Key filings include funds targeting Solana futures, digital asset debt, and diversified crypto market indexes. Industry expects pro-crypto policies under new SEC leadership and Trump’s upcoming executive orders. A surge in crypto ETF applications emerged as…
Read more
In Brief Binance listed three AI agent tokens, leading to a surge of over 40%, and showcased growing interest in AI-driven crypto assets. Grayscale unveiled 39 altcoins under consideration, emphasizing AI agents, meme coins, RWAs, and DePins as strategic priorities. XRP soared to $3.39, driving market optimism, while JPMorgan projected a $14 billion market for…
Read more
In Brief XRP and Solana ETFs could attract up to $14 billion in inflows within 12 months, according to JPMorgan analysts. Ripple and Solana’s strong fundamentals and pro-crypto shifts in U.S. regulation fuel optimism for ETF approvals. Investor demand and regulatory developments remain key factors for the success of altcoin ETFs in 2025. Analysts from…
Read more
In Brief AI is transforming the meme coin landscape by enabling personalized content, real-time analytics, and enhanced user engagement. The long-term success of AI-driven meme coins depends on addressing key challenges, including, maintaining community authenticity. The future of AI meme coins lies in fostering a balance between AI innovation and human interaction within the community.…
Read more
In Brief Grayscale Research predicts smart contracts will lead the crypto market in Q1 2025, with competitors like Solana and Sui gaining ground. Tokenization, DePin, and scaling solutions also emerge as key areas of interest in Grayscale’s Top 20 crypto investment list. Despite Ethereum’s ETF success and upgrades, it underperformed, losing market share to faster-growing…
Read more
In Brief The Blockchain Bandit, known for exploiting weak private keys, has moved 51,000 ETH ($172M) into a multi-signature wallet. The funds were transferred from 10 dormant wallets last active in 2018, marking the attacker’s reappearance after five years. Experts suggest the move could indicate plans for liquidation, laundering, or funding new exploits, raising concerns…
Read more
In Brief Michael Saylor, co-founder of MicroStrategy, has hinted at a potential new Bitcoin acquisition for the eight straight week. Some market oberservers have suggested that MicroStrategy’s aggressive purchase pattern can induce market volatility. Meanwhile, the buys have contributed to Bitcoin price rising from around $67,000 to a new all-time high over $100,000. Michael Saylor,…
Read more
