James Wynn allegedly rug pulled $WORLD memecoin on Solana, pocketing just 3.2 SOL ($260) before claiming his account was hacked. The token had a name that felt deliberate. $WORLD went live on Solana on May 27. Its full name: THE REAL WORLD. Contract address AmpR1bXuz5hVQZ7CTtBbrHW91MB6TDrJ5Np7rupApump on Pump.fun. Minutes after launch, the wallet that created it […]
The post From $100M in Unrealised Gains to Rugging for $260 on Solana appeared first on Live Bitcoin News.
Crypto exchange-traded fund (ETF) investors remained defensive on Wednesday, May 27, with bitcoin and ether funds extending their losing streaks. HYPE and Solana products drew modest fresh capital, but the broader tone stayed firmly negative. Bitcoin ETFs Extend Losing Streak to Eight Days as Blackrock Loses $528M The selling pressure in crypto ETFs is no […]
Coinbase now runs nearly 10% of all staked SOL with a newly upgraded, multi client validator architecture it says can update with “near zero downtime.” Coinbase has disclosed that it is now staking roughly 40.48 million SOL (SOL) on Solana,…
The 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…
Crypto card monthly volume surged 230% year-over-year to $7.8 billion. Visa captures about 90% of crypto card transactions through on-chain partnerships. Stablecoins drive adoption by letting users spend crypto like fiat via cards. Monthly payment volume on crypto-linked debit and credit cards has increased by around 230% over the previous year. This comes amid a […]
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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