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On Feb. 12, the firm announced that World ID verification had become available in the Indonesian capital, Jakarta.
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Chinese gaming firm Boyaa Interactive announced that it expects its net profit for 2024 to surge by as much as 640% to 680% compared to 2023, primarily due to gains from its Bitcoin holdings, according to a filing on Feb. 16.
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Chinese gaming firm Boyaa Interactive announced that it expects its net profit for 2024 to surge by as much as 640% to 680% compared to 2023, primarily due to gains from its Bitcoin holdings, according to a filing on Feb. 16.
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On Feb. 12, the firm announced that World ID verification had become available in the Indonesian capital, Jakarta.
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The launch of the memecoin coincided with the Trump-honoring “Crypto Ball,” a high-profile event that brought together industry leaders such as Michael Saylor of MicroStrategy, Coinbase CEO Brian Armstrong, the Winklevoss twins of Gemini, and David Sacks, Trump’s crypto and artificial intelligence adviser.
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In a written statement, Consensys attorney Bill Hughes characterized the incoming Trump administration as a “sea change.” The attorney told Cointelegraph:
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“The same law enforcement and national security concerns that existed in the last administration are going to be present in the Trump administration,” the Consensys attorney said.
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The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Nova Labs, the firm behind the open-source Helium Network, just days before SEC chair and known crypto critic Gary Gensler steps down as chair on Jan. 20.
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In a statement on Jan. 17, the SEC alleged that Nova Labs sold unregistered securities by offering electronic devices called “Hotspots,” which mine the company’s cryptocurrency, Helium (HNT), as well as a program called “Discovery Mapping,” where users could trade their private data for crypto.
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Ethereum co-founder Vitalik Buterin announced leadership changes to the Ethereum Foundation on Jan. 18, following a somewhat tumultuous year for the organization.
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According to NFT price floor, Mad Lads currently has a market cap of $188.1 million and a floor price of $18,905. In the last 24 hours, the collection recorded $473,788 in trading volume from 24 sales, with the floor price up by 5.15%.
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Traders were initially skeptical of the token, as many unofficial copycats currently exist — including one from Martin Shkreli, with the ticker symbol DJT.
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However, it remains to be seen whether or not the incoming Attorney General of the United States, Pam Bondi, takes enforcement action against Trump or the memecoin, Lesperance added.
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The Solana NFT market has grown by 15% in the last 24 hours, with its total market cap reaching $714 million. The trading volume over the same period stands at $3.39 million, according to CoinGecko.
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The first collection of Trump’s Digital Trading Cards is trading at a floor price of $936.91, up 12% in the past day, with 1,275 sales recorded. It has a market cap of $93.5 million and a 24-hour trading volume of $2.44 million.
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“Eighty percent of the supply is locked for CIC Digital, a company owned by the Donald Trump Revocable Trust. This is the same entity that launched Trump NFT Trading Cards three years ago. The website says it’s ‘not an investment but a show of support,’” Rao said.
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Suspicious trading activity has emerged around US President-elect Donald Trump’s Solana-based Official Trump (TRUMP) memecoin as its market cap soared to $42 billion, drawing a frenzy of retail investors.
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This pattern of trade has raised concerns about potential market manipulation as the TRUMP memecoin continues to dominate headlines.
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Rao noted that the top 10 holders own 89.06% of the supply, and there’s no clarity on the liquidity pool burn status. “Interestingly, the token was launched in an Asian morning time zone. It feels like this is just a way for Trump to make money,” he said.
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The MEME trading tool GMGN processed $153 million in Solana transactions, earning $1.52 million in fees. The Moonshot crypto trading platform recorded $1.597 million in fees.
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