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CATEGORY: lifi


Jul 04, 2024 02:15

Hedge Fund Manager to Disgorge $5.6M Illicit Profit, Faces Four-Year Disqualification


A hedge fund manager is ordered to return $5.6 million in illicit profits and faces a four-year disqualification for false trading activities. (Read More)

LiFi Protocol exploited for $10 million, warns users to avoid platform

Author: Oluwapelumi Adejumo
United States
Jul 17, 2024 01:10

LiFi Protocol exploited for $10 million, warns users to avoid platform

LiFi Protocol, an asset swap and bridge platform compatible with Solana and EVM chains, has been exploited for about $10 million. The DeFi platform acknowledged the breach but did not reveal the exact amount lost. It urged community members to avoid interacting with its system. It wrote: “Please do not interact with any LIFI powered […]

The post LiFi Protocol exploited for $10 million, warns users to avoid platform appeared first on CryptoSlate.

Jun 06, 2024 12:05

Best 4 Altcoins to Buy for 10x Profits in June 2024: PolitiFi Tokens Leading The Charge

With the cryptocurrency market constantly evolving, investors are always on the lookout for the next big opportunity. Here, we highlight the top four altcoins that are poised to offer substantial returns in 2024.  Related Reading: Crypto Expert Reveals Top 3 Trades To Take Now 1. MAGA VP ($MVP) MAGA VP ($MVP) is making waves in the crypto community with its unique blend of political engagement and rewarding mechanisms. Known for its strong community support and strategic partnerships, $MVP offers token holders rewards in $TRUMP tokens and participates in significant political events. Recent developments include the launch of a new app featuring a prize pool for voting activities, making it a compelling investment for 2024.  2. NOT Token Notcoin is a Telegram-based game that has garnered the interest of millions of players in recent months. The game has amassed a total of 35 million players, reaching a peak of six million daily active users. This makes it significantly more popular than most other crypto games. After experiencing a retracement from its previous high, Notcoin (NOT) has started to show significant bullish momentum, capturing the attention of both traders and investors alike. This continuing upward trend suggests a strong level of market confidence and growing optimism regarding its future potential.  3. Solana (SOL) Solana continues to be a favorite among investors due to its high-speed transactions and scalability. Solana (SOL) is an open-source project leveraging blockchain’s permissionless structure to provide decentralized finance (DeFi) solutions.  The platform has experienced a surge in the total value locked (TVL) in its DeFi applications. This trend is also boosting the popularity of meme coins on the Solana blockchain. Should market conditions shift, this dynamic could position Solana as a noteworthy crypto asset, making it one of the top altcoins poised for significant growth. 4. Ethereum (ETH) Ethereum remains a cornerstone of the cryptocurrency market. With ongoing upgrades like Ethereum 2.0 and ETF involvement, ETH is set to maintain its position as a leading investment option. Despite facing criticism for high transaction fees, Ethereum remains a dominant force in the crypto space, powering thousands of applications and other altcoins with its robust blockchain infrastructure. Related Reading: Shiba Inu Burn Rate Flatlines With 99% Crash, End Of The Road For SHIB? Conclusion Investing in altcoins can be highly rewarding, especially with thorough research and strategic choices. The altcoins listed here, including MAGA VP ($MVP) and NOT Token, are set to deliver impressive returns in 2024. Stay informed and consider diversifying your portfolio with these promising assets. Cover image from MAGA VP, Chart from Tradingview

Political Memecoin Mania: Super Trump Token Explodes With 200% Surge

Author: Christian Encila
United Kingdom
May 31, 2024 12:05

Political Memecoin Mania: Super Trump Token Explodes With 200% Surge

Cryptocurrencies linked to former US President Donald Trump have seen a meteoric rise over the past week, reflecting a growing speculative fervor around politically-charged “memecoins” in the digital asset space. Related Reading: Are Whales Sniffing Out A Deal? Ethereum Holdings Balloon To 30% Details The most notable gainer has been the “Super Trump” (STRUMP) token, which rallied by over 200% on May 29th alone, making it one of the top trending cryptocurrencies on CoinMarketCap. The memecoin, which first debuted on Ethereum in March, has seen its fortunes change dramatically since launching on the Solana blockchain just last weekend. Crypto analyst Tyler, who has been closely watching the space, noted: “We are not even 24 hours past the #SUPERTRUMP launch on #SOLANA and already have great support around 4 million MC. Almost 1 million in volume and up 485.970%!” Political meme coins stay hot In the past day:$TRUMP +20% to $680M$MAGA +20% to $220M$BODEN +25% to $230M$STRUMP (Super Trump) +186% to $31M The TRUMP coin on ETH is clearly leading the way and is now the 8th biggest meme coin by mc. Polifi has become too big to fade pic.twitter.com/J6onV5W9Vg TylerD (@Tyler_Did_It) May 29, 2024 Trump Memecoin And The ‘PoliFi’ Phenomenon The STRUMP surge appears to be part of a broader trend within the so-called “PoliFi” (political finance) ecosystem, where tokens tied to prominent political figures and ideologies have gained significant traction among crypto investors. Other Trump-linked memecoins, such as TRUMP, MAGA, and BODEN, have also recorded massive price spikes in recent days, with gains ranging from 20% to 350%. This rally has catapulted the original TRUMP coin to become the 8th largest memecoin by market capitalization. The STRUMP project itself has emphasized its community’s deep dedication to the former president, claiming that 0.8% of its wallet is reserved for Trump. This signal of support seems to have resonated with the crypto crowd, many of whom view Trump’s pro-crypto stance as a positive driver for these types of digital assets. STRUMP Loses Steam However, the euphoria surrounding STRUMP and its peers has been short-lived, as the memecoins have since lost steam following their recent record highs. As of press time, STRUMP was trading around $0.006, roughly 50% below its peak price of $0.012 reached earlier this week. This volatility underscores the inherent risks and speculative nature of the memecoin market, where prices can fluctuate wildly based on social media trends, influencer endorsements, and other ephemeral factors. The long-term viability of these tokens remains uncertain, as regulatory scrutiny and broader market conditions could significantly impact their performance. Related Reading: Time To Stack Stellar (XLM)? Analyst Calls For Epic 500% Price Breakout Investors Bring Ideologies To The Blockchain The resurgence of Trump-linked memecoins reflects the continued fascination with the former president’s brand and the growing influence of politically-motivated investors in the cryptocurrency space. While these digital assets have captivated the attention of speculators, their dramatic price swings serve as a cautionary tale for those seeking to capitalize on the “PoliFi” phenomenon. Featured image from iPic.Ai, chart from TradingView

Mar 04, 2025 05:55

SEC offers $50,000 incentive for qualified employees to step down

The Securities and Exchange Commission (SEC) is introducing a $50,000 incentive for qualified employees who choose to resign. This initiative is part of the SEC’s efforts to streamline its workforce and optimize operational efficiency. Eligible staff members who opt for voluntary resignation will receive a $50,000 payout as an incentive to leave their positions. The [...]

The post SEC offers $50,000 incentive for qualified employees to step down appeared first on Crypto Breaking News.

Mar 13, 2025 05:55

Binance Unveils New Token Review Process to Weed Out Unqualified Tokens

Binance Implements Alpha Review Mechanism to Eliminate Unqualified Tokens In a bid to enhance the quality of listed tokens on its platform, Binance has introduced an alpha review mechanism. This new system aims to filter out tokens that do not meet the exchange’s standards, ensuring a more reputable selection for traders and investors. The alpha [...]

The post Binance Unveils New Token Review Process to Weed Out Unqualified Tokens appeared first on Crypto Breaking News.

Mar 11, 2023 10:30

‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion

Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation (FDIC) to shut the bank down on Friday. It was the largest U.S. bank failure since 2008, and various alleged catalysts have been pointed to. Some believe venture capitalists caused a bank run, while others [...]

The post ‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion appeared first on Crypto Breaking News.

SEC to target crypto firms operating as 'qualified custodians' — Report

Author: Cointelegraph By Brayden Lindrea
United States
Feb 14, 2023 08:20

SEC to target crypto firms operating as 'qualified custodians' — Report

If a majority of the five-member SEC panel votes in favor of the draft proposal, it will proceed to the next stage, which will be reviewed by other members of the SEC.

Apr 13, 2023 05:50

‘ChatGPT-like personal AI’ can now be run locally, Musk warns ‘singularity is near’

It is now possible to install and run a “ChatGPT-like” personal artificial intelligence (AI) on a home computer even without an internet connection and Elon Musk has warned AI development has brought us closer to a technological point of no return. Brian Roemmele, the founder of the technology blog Multiplex, wrote a detailed guide on [...]

The post ‘ChatGPT-like personal AI’ can now be run locally, Musk warns ‘singularity is near’ appeared first on Crypto Breaking News.

The Purge  Vitaliks plan to reduce Ethereums bloat

Author: Cointelegraph by Josh O'Sullivan
United States
Oct 27, 2024 12:00

The Purge Vitaliks plan to reduce Ethereums bloat

Vitalik Buterins The Purge aims to streamline Ethereum by reducing data bloat, simplifying the protocol and addressing technical debt for better efficiency.

Surprise ETH price drop below $2.5K raises questions about Ethereum fundamentals

Author: Cointelegraph by Marcel Pechman
United States
Oct 24, 2024 12:00

Surprise ETH price drop below $2.5K raises questions about Ethereum fundamentals

Ethereum price followed the broader crypto market sell-off, but its longer term price weakness is driven by network-specific factors.

Jul 01, 2023 02:10

5 entry-level machine learning jobs

The area of machine learning, which is quickly expanding, uses statistical methods and data analysis to teach computers how to learn and make predictions or judgements without being explicitly programmed.  There is a rising need for employees with entry-level expertise in machine learning as businesses and industries increasingly understand its usefulness. Here are five entry-level positions in [...]

The post 5 entry-level machine learning jobs appeared first on Crypto Breaking News.

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