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news-imageFebruary 6, 2025

Meme Coin Platform Pump.fun Under Fire for Hosting Alleged Impersonation Tokens

Burwick Law and Wolf Popper LLP have issued a cease-and-desist letter to Pump.fun, demanding the immediate removal of certain tokens deployed on the Solana-based platform that allegedly misuse their intellectual property (IP) and likenesses of their employees. Law Firms Demand Pump.
Publisher: Bitcoin
Sentiment: Negative
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Positive
cover-imageCoingape
February 6, 2025

Top 4 Cheap Crypto to Buy to Become a Millionaire in 2025

Many blue-chip cryptocurrencies have become highly expensive for many ordinary traders to make substantial gains. Bitcoin has jumped to over $100,000, while Ethereum and AAVE have soared to $250 and $3,000, respectively.

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Positive
cover-imageBenzinga
February 6, 2025

Tangem Secures US Patent For Seedless Crypto Wallet Backup Technology

The United States Patent and Trademark Office has granted hardware wallet provider Tangem a patent for its private key backup technology, which eliminates the need for traditional seed phrases in cryptocurrency wallets. The system allows secure key transfers between hardware wallets without relying on an intermediary, addressing a long-standing issue in self-custody security.

general-iconGeneral
Positive
cover-imageBenzinga
February 6, 2025

Blockchain decentralization: How it ensures fair and tamper-proof trades

The control of individuals by third parties has been a persistent practice, even in a population that is increasingly aware of the dangers it represents. However, a glimmer of hope has emerged through decentralised technology powered by distributed systems.

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Neutral
cover-imageTrustnodes
February 6, 2025

Revamping Gov Tech, Can Musk Fit Crypto?

The new meets the old in Washington DC as Silicon Valley's Elon Musk takes over 1950s payment systems at the Treasury.

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Negative
cover-imageCryptonews
February 6, 2025

Brazilian EmpiresX Founders Fined $130M for Defrauding Crypto Investors

EmpiresX founders must pay $130M in fines and restitution after a U.S. court found them guilty of operating a fraudulent cryptocurrency platform. The post Brazilian EmpiresX Founders Fined $130M for Defrauding Crypto Investors appeared first on Cryptonews.

general-iconGeneral
Negative
cover-imageCoinPedia
February 6, 2025

Crypto News: Former Malaysian PM's X Account Hacked in $3.4 Million Meme Coin Scam

In a recent crypto scam, hackers gained control of former Malaysian Prime Minister Mahathir Mohamad's X account and used it to promote a fake meme coin called “Malaysia.” According to reports, the token was initially listed on the Solana blockchain and saw its market cap surge by $3.4 million before rapidly collapsing.

general-iconGeneral
Positive
cover-imageCryptonews
February 6, 2025

Elon Musk Backs Blockchain-Driven Transparency in U.S. Treasury Operations

Elon Musk, Head of the newly-created federal agency DOGE, has endorsed putting U.S. Treasury transactions on the blockchain in a bid for transparency. The post Elon Musk Backs Blockchain-Driven Transparency in U.S. Treasury Operations appeared first on Cryptonews.

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Negative
cover-imageCryptonews
February 6, 2025

Pump.fun Hit with Cease & Desist from Burwick Law Over 200+ IP-Infringing Meme Coins

Pump.fun faces a cease and desist letter from Burwick Law and Wolf Popper LLP over 200+ IP-infringing meme coins and allegations of facilitating harassment and market manipulation. The post Pump.fun Hit with Cease & Desist from Burwick Law Over 200+ IP-Infringing Meme Coins appeared first on Cryptonews.

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Neutral
cover-imageFinbold
February 6, 2025

Here's Donald Trump's updated crypto portfolio

President Donald Trump has been courting the cryptocurrency industry and community through much of his campaign and has been engaged with digital assets both directly and indirectly in recent months.

general-iconGeneral
Negative
cover-imageCryptopolitan
February 6, 2025

Canadian CIRO excludes crypto funds from reduced margin eligibility

Canada's equities regulator has excluded crypto funds from reduced margin eligibility. They did this because of risks like volatility, liquidity risks, and regulatory concerns, which make leveraged trading more expensive.

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Neutral
cover-imageCoingape
February 6, 2025

Bank of England Cuts Interest Rate: What It Means for the Crypto Market?

In a surprising development in the United Kingdom, the Bank of England reduced interest rates for the third time since August. The central bank's decision comes amid the prevailing crypto market crash, with top coins like Bitcoin (BTC) and Ethereum (ETH) experiencing notable losses.

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Neutral
cover-imagePYMNTS
February 6, 2025

Will America's Crypto Push Help Birth a Digital Euro?

The digital dollar may be off the table for now, following a recent executive order. However, the European Central Bank (ECB) hopes America's new pro-cryptocurrency attitude can help bring about the digital euro, Reuters reported Thursday (Feb. 6).

general-iconGeneral
Negative
cover-imageBeInCrypto
February 6, 2025

Pump.fun Under Pressure to Remove DOGSHIT2 Tokens Amid Allegations of IP Violations

Two law firms, Burwick Law and Wolf Popper LLP, have sent a cease-and-desist letter to Solana-based token launchpad Pump.fun, alleging it used their intellectual property in the creation and promotion of the controversial meme coin, Dog Shit Going Nowhere (DOGSHIT2). The firms also accused Pump.fun of trying to intimidate their clients.

general-iconGeneral
Negative
cover-imageCointribune
February 6, 2025

71% of Institutional Investors Still Shying Away from Cryptocurrencies

A new survey by JPMorgan reveals that the majority of institutional investors remain hesitant about cryptocurrencies, despite the improving regulatory framework in the United States. Only 29% of participants are active or plan to engage in this market.

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Positive
cover-imageCrypto Daily
February 6, 2025

List of best Crypto Payment Gateways for 2025

The best cryptocurrency payment gateways as NowPayments provide a seamless payment processing experience for both merchants and customers.

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Positive
cover-imageCoingape
February 6, 2025

Nettyworth launches NettyScore: Can Borrowing be easy by DeFi lending?

NettyWorth, a Web3 Fintech platform founded in 2011, has launched a Nettyscore for its newly launched AI-powered loan protocol – aimed at bridging the gap between traditional and decentralized finance. Launched on the lines of the traditional Banking's CIBIL score, the Nettyscore will analyse the borrower's pas behaviours such as consistency in loan repayments and

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Positive
cover-imageCrypto Reporter
February 6, 2025

Experts Say DLUME Is the Next Crypto to Explode – Here's Why?

The market is buzzing with signs of the best coins. Among the rising stars, Aureal One (DLUME) stands out as the next crypto to explode. A game-changing project that seamlessly integrates gaming and decentralized finance, making it a top project to watch in 2025.

general-iconGeneral
Positive
cover-imageCrypto Economy
February 6, 2025

Offchain Labs Announces Development of Universal Intent Engine for L2 Blockchains

TL;DR Offchain Labs introduced new solutions to enhance interoperability between Arbitrum and Ethereum, reducing friction in cross-chain operations. A universal intent engine will enable transactions in under three seconds, optimizing costs and speed without compromising security. The implementation will include messaging standards, fast settlement, and a loan program to facilitate ecosystem adoption.

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Neutral
cover-imageCoinPedia
February 6, 2025

Is the Meme Coin Frenzy Truly Over? Not Quite, Says Kaiko Research

Meme coins, the fun and often humorous cryptocurrencies that took the internet by storm, have had a rocky start this year. According to a recent Kaiko report, most meme tokens have struggled, with losses ranging from 10% to as much as 70% since the beginning of the year.

general-iconGeneral
Positive
cover-imageBitcoin
February 6, 2025

FDIC to Revise Guidelines, Opening the Door for Banks to Engage in Crypto

The FDIC is set to revise its crypto guidelines, potentially allowing banks to engage in digital asset activities. This shift aligns with the pro-crypto stance of the Trump administration, paving the way for tokenized deposits and broader banking participation in crypto.

general-iconGeneral
Positive
cover-imageCryptoSlate
February 6, 2025

Coinbase defends customer asset rights in Prime Trust bankruptcy case

Coinbase has stepped into the Prime Trust bankruptcy case, filing an amicus brief to push back against a motion that could threaten customer asset protections. In a Feb. 5 court filing, the exchange has urged the court to uphold Uniform Commercial Code (UCC) Article 8, a legal framework that ensures custodial assets remain customers' property.

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