Blockchain security experts Scam Sniffers exposed a new scheme by scammers targeting crypto users with malicious ads.  Scam Sniffers in an X thread exposed how a malicious ad designed to send users to a fake Pudgy Penguin Website was embedded in a Google Advertisement.  https://twitter.com/realScamSniffer/status/1871823641765445672 The development reveals a more sophisticated form of Phishing targeted at…

A Coingecko Report revealed that Memecoins were the most searched and preferred Crypto asset in 2024 grabbing an impressive 30.67% share of Global investor interest.  In the memecoin category, certain categories of memecoin came on top representing the best of the crop and the peak of global investor interest in 2024.   Solana meme coins ranked…

Key Takeaways South Korea now has over 15 million crypto investors, nearly 30% of its population. The number of investors has steadily grown, adding 100,000 new users each month. By November’s end, reserves surged to 102.6 trillion won, up from 58.6 trillion in July. According to local reports, over 15 million South Koreans own cryptocurrencies,…

Learn how Sonic’s S token introduces staking, governance, and innovative tokenomics for a decentralized future, offering seamless upgrades for FTM holders. Sonic Network has officially launched its native S token, enabling seamless upgrades for Fantom (FTM) holders via the MySonic portal. The S token serves as the backbone of Sonic’s ecosystem, driving transaction fees, staking,…

MicroStrategy’s Nasdaq-100 debut triggers stock decline amid Bitcoin concerns, highlighting risks of cryptocurrency exposure in traditional markets. Bitcoin exposure introduces volatility to a major U.S. stock market index. MicroStrategy's stock fell sharply during its first day on the Nasdaq-100 Index on Thursday, raising questions about its aggressive Bitcoin acquisition strategy. The decline comes on the…

Key Takeaways OKX Ventures invested in Usual to expand decentralized stablecoins backed by U.S. Treasury Bills. Usual’s USD0 stablecoin uses decentralized governance for revenue sharing and community decision-making. The partnership boosts DeFi integration with real-world assets, enhancing stability and transparency. OKX Ventures, the investment subsidiary of cryptocurrency exchange OKX, announced on December 24 its investment in…

Telegram surpasses $1B in revenue in 2024, driven by premium subscriptions, crypto ventures, and improved content moderation.

Pig Butchering a long-term crypto fraud scheme was named the biggest threat to crypto users in 2024 accounting for $3.6 billion in losses.  According to a report by Cyvers, an industry-leading Web 3 security firm Pig Butchering came out on top amongst other forms of crypto fraud schemes in 2024. The fraud scheme led to…

The Russian Government issued a ban on crypto mining in 10 regions of the country over reports of energy shortage and concerns over an imbalance in energy consumption.  The reported ban would take effect from the 1st of January 2025 and last till March 15, 2031.  Official documents confirming the ban were obtained by Russian…

MicroStrategy achieves a 477% stock surge through Trump's Red Sweep in 2024, driven by Bitcoin investments and a pro-crypto political climate. Discover how Michael Saylor’s bold strategy is reshaping the market. December 2024 – Miami Beach, FL MicroStrategy Inc. (Nasdaq: MSTR), a business intelligence firm turned Bitcoin powerhouse, has achieved a staggering 477% increase…