Category: CryptoX News

Trump-Backed World Liberty Financial Buys $470K ONDO Tokens

A wallet identified as belonging to World Liberty Financial, the decentralized finance (DeFi) platform backed by President Donald Trump and his family, has deepened its investment in Ondo Finance, the second-largest issuer of tokenized Treasuries. The address scooped up about 342,000 ONDO, the platform’s governance token, for $470,000 USDC on the CoW Protocol, according to data from Arkham Intelligence. It first bought ONDO two months ago, worth $245,000 at the time, before sending the tokens to Coinbase Prime earlier this week. The transaction happened as Ondo today announced that it…

Here’s why Solana price may crash 40% soon

Solana price has pulled back after soaring to $295 in January as its ecosystem and the broader crypto industry lost momentum. Solana (SOL) dropped to the psychological level of $200, marking a 35% decline from its highest point this year. This retreat is largely due to Bitcoin (BTC) and other altcoins pulling back. Bitcoin has fallen from this year’s high of $109,200 to below $99,000, weighing on tokens in the Solana ecosystem. According to CoinGecko, the total market cap of all Solana meme coins has declined from over $25 billion…

SUI-Based Devine Protocol Launches $DEVI Presale: Here’s Your Chance To Become An Early Adopter

PRESS RELEASE. Devine Protocol, a next-generation prediction market being built on the SUI blockchain is thrilled to announce the launch of its highly anticipated $DEVI token presale, set to begin on February 6th, 2025. This exclusive presale offers early contributors a prime opportunity to secure $DEVI before the platform’s mainnet launch in Q2 2025—potentially positioning […] Source CryptoX Portal

Solana Price Slips While Lightchain AI Presale Surges to $15M Milestone

PRESS RELEASE. Amid recent market turbulence, Solana’s slipping price has left investors searching for stability and better opportunities. At the same time, Lightchain AI, a new player combining AI and blockchain, is making headlines with its presale raising an astounding $15 million USD. 🚀 Investors and tech enthusiasts alike are flocking to what could be […] Source CryptoX Portal

Warning: Some Apps Are Searching Your Phone for Seed Phrases in Screenshots

According to Kaspersky, a Russian cybersecurity firm, several apps available in the Google Play Store and the Apple App Store contain components capable of scanning images that include cryptocurrency seed phrases. Seed Phrases Stored in Screenshots at Risk, Kaspersky Warns Kaspersky, a cybersecurity firm of Russian origin, has warned about a new threat that targets […] Source CryptoX Portal

Crypto Remittances Fail to Gain Momentum in El Salvador

According to the Reserve Bank of El Salvador, the use of crypto to make remittances to the country has consistently accounted for less than 1% of the total share since October 2024. Adoption of Crypto for Remittances Falters in El Salvador Crypto remittances, one of the main use cases for promoting bitcoin worldwide, have failed […] Source CryptoX Portal

Erik Voorhees’s Venice Token Faces Pump and Dump Allegations

Onchain data reveals how a group of alleged insiders raked in profits after selling $10.2 million worth of the Venice token immediately after it launched. Venice Insiders Accused of Dumping Over $10M Worth of Tokens Amir Ormu, an onchain analyst with crypto marketing firm Castle Labs revealed that insiders at crypto artificial intelligence (AI) startup […] Source CryptoX Portal

UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

The United Arab Emirates Ministry of Energy and Infrastructure has partnered with Shiba Inu to implement Web3 solutions for energy, infrastructure, and other areas. Public Service Efficiency Gets a Web3 Makeover The United Arab Emirates (UAE) Ministry Energy and Infrastructure (MOEI) announced on Feb. 5 that it had partnered with Shiba Inu to advance “Web3 […] Source CryptoX Portal

Global Crypto Markets Exhibit Steady Pulse Amid Narrow Gains

The cryptocurrency sphere displayed modest equilibrium midweek, its total valuation clinging to $3.2 trillion—a fractional percentage point uplift from the prior day’s start. Crypto Markets Hold Steady at $3.2T as TRUMP Meme Coin Defies Bearish Tide Barely 38% of digital assets flirted with optimism, as the TRUMP meme coin, crowned the day’s champion, vaulted over […] Source CryptoX Portal

SEC’s Crypto Task Force Unveils 10 Bold Priorities—Massive Regulatory Shift Incoming

The SEC’s Crypto Task Force unveiled 10 priorities, including asset classification, jurisdiction, token offerings, registration, broker-dealers, custody, lending, staking, ETPs, and global coordination. SEC’s Crypto Task Force: Key Priorities and Regulatory Roadmap U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has outlined the priorities of the recently formed Crypto Task Force, presenting a structured […] Source BitcoincryptoexchangeExchanges CryptoX Portal