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The post CatFi Creators Charged Over $600K Solana Meme Coin Rug Pull appeared on BitcoinEthereumNews.com. South Korean prosecutors charged five people linked to the CatFi meme token. The creators are accused of causing 900 million won, or about $600,000, in damages to 256 investors. The case marks South Korea’s first rug pull prosecution under its new Virtual Asset User Protection Act. South Korean prosecutors have charged five people accused of running a CatFi meme coin rug pull that allegedly caused about $600,000 in losses to 256 investors. The case has drawn attention as the first time prosecutors have used South Korea’s new Virtual Asset User Protection Act against an alleged rug pull. CatFi launched on the Solana token launchpad Pump. fun in February 2025. After prosecutors announced the charges, the dormant token jumped nearly 6,000% as traders attempted to revive what remained of the project. CatFi Creators Face Rug Pull Charges The Seoul Southern District Prosecutors’ Office s
Read full articleThe move cements ETF flow as the main driver of Bitcoin’s short‑term price action, with discretionary buyers increasingly forced to trade around institutional liquidity. Crypto ex‑Bitcoin (BTC) and Ether (ETH) ripped through a volatile 12‑hour window, with ETF outflows, Solana…
The post One Trader Moved a $1,000 Position From Solana Into Ozak AI, Targeting 40× Growth Instead of 2× Stability appeared on BitcoinEthereumNews.com. The post One Trader Moved a $1,000 Position From Solana Into Ozak AI, Targeting 40× Growth Instead of 2× Stability appeared first on Coinpedia Fintech News A recent trade highlights the growing interest in early-stage AI crypto projects as investors seek higher returns than traditional or well-established tokens can provide. One trader reportedly shifted a $1,000 position from Solana (SOL) into Ozak AI ($OZ), aiming for 40× growth rather than the relatively modest gains offered by larger, more stable cryptocurrencies. Why … Source: https://coinpedia.org/press-release/solana-into-ozak-ai-targeting-40x-growth-instead-of-2x-stability/
The post SoFi Introduces SoFiUSD – the First Bank-Issued Crypto Dollar appeared on BitcoinEthereumNews.com. Key Takeaways: SoFi announced the creation of SoFiUSD, the nation’s first stablecoin directly through a U.S. national bank within a banking app. The stablecoin operates on both the Ethereum and Solana networks and allows for a 1:1 dollar redemption, alongside 24/7 transfers. SoFi also wants to take the plunge into FDIC insured tokenized deposits, cross border payments and institutional trading. SoFi is one of the more significant steps in the banking vs crypto wall. The gigantic fintech firm has officially unveiled its stablecoin SoFiUSD, which comes paid in dollars and offers to bring web based payments into the mainstream banking system. It is an implementation that will enable virtually 15 million SoFi members to access a bank-issued digital dollar within their existing savings, investing, loan and payment app. SoFi Pushes Banking Deeper Into Crypto Issuer of SoFiUSD is SoFi
Solana price has approached a critical breakdown below $80 as a bearish double top pattern threatens a deeper correction. According to data from crypto.news, Solana (SOL) fell 5% to an intraday low near $80 on May 28 after trading above…
The world’s largest digital asset-focused investment platform says institutional capital will initially target four blockchain networks as regulatory clarity improves. In a new report, Grayscale says expected regulatory changes, including the Clarity Act that aims to establish rules for classifying and regulating digital assets and guidance from the U.S. Securities and Exchange Commission (SEC), will […] The post Grayscale Says Ethereum, Solana and Two Additional Blockchains Poised To Benefit From Clarity Act appeared first on The Daily Hodl.
The post Solana Treasury Forward Secures Russell 2000 Inclusion appeared on BitcoinEthereumNews.com. Solana Treasury Forward Secures Russell 2000 Inclusion Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Keshav is a Physics graduate who has been employed as a writer with Bitcoinist since June 2021. He is passionate about writing and through the years, he has gained experience working in a variety of niches. Keshav holds an active interest in the cryptocurrency market, with on-chain analysis being an area he particularly likes to research and write about. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/solana-treasury-russell-2000/
South Korean prosecutors have arrested and indicted five suspects in what authorities say is the country’s first criminal case targeting a rug pull on a decentralized exchange, with the alleged scheme leaving 256 investors with approximately $600,000 (900 million won) in combined losses. CATFI, a Fake Influencer, and a DEX Exit The case centers on […]
Solana failed to settle above $85 and trimmed most gains. SOL price is now consolidating losses above $80 and might continue to move down. SOL price started a fresh decline below $84 and $82 against the US Dollar. The price is now trading below $82 and the 100-hourly simple moving average. There was a break below a declining channel with support at $82 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $80 or $78.50. Solana Price Dips From $85 Solana price failed to remain stable above $84 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $82 and $81.50 levels. Besides, there was a break below a declining channel with support at $82 on the hourly chart of the SOL/USD pair. The bears even pushed the price toward $80. A low was formed at $79.92, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $84.65 swing high to the $79.92 l
