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Bittu

@bittu

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Eric Trump Token Skyrockets 6,200% – Is a Solana Rug Pull Next As Eric Trump's name becomes the latest pawn in the meme coin casino, the true story may not be about this particular token's inevitable collapse, but rather how these high-profile political name exploitations are creating a dangerous new intersection between crypto speculation and political tribalism, where blind loyalty to public figures is weaponized into financial self-destruction. Key Takeaways :- * Over 80% of ERICTRUMP supply is concentrated in just 10 wallets, indicating a high risk of insider manipulation. * The wallet behind this token has launched multiple failed Eric Trump-themed coins before. * Analysts urge extreme caution as evidence points to a possible orchestrated exit scam typical of recent Solana-based meme coin pump-and-dumps. A meme coin using the name of Eric Trump has surged over 6,200% in 24 hours, triggering warnings from blockchain analysts about a potential rug pull.
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Strategy Scoops 13,390 Bitcoin in $1.34B Blitz – Tariff Truce Sparks Volatility Strategy has acquired nearly 14,000 Bitcoin in its latest buy-up of the cryptocurrency, trusting Michael Saylor’s vision even as prices flicker after the tariff truce. The purchase, which was announced by Saylor on Monday, pushes Strategy’s stash past half a million coins, daring regulators and markets alike. Strategy Continues Dramatic Bitcoin Acquisition According to a May 12 filing with the United States Securities and Exchange Commission (SEC), the Virginia-based software firm purchased 13,390 Bitcoin at $99,856 per coin for a total of $1.34 billion. The company currently holds 568,840 $BTC acquired for $39.41 billion at $69,287 per Bitcoin, a May 12 X post from Saylor states. Strategy has long been known for its controversial Bitcoin acquisition strategy, with Saylor launching the organization’s Bitcoin buy-up back in 2020.
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Cats vs Dogs Meme Coins: Do Cats Take Over? Key Takeaways: * Cat and dog meme coins had nearly identical lifespans and survival rates. * In Q1 2025, cat coins outperformed dog coins. In early May, both camps rebounded, but cats still led in total gains. * Dog-themed coins showed stronger internal price correlation. Cat coins were less coordinated. The meme coin market has really branched out in recent years. Back when Dogecoin (DOGE) reigned supreme, anything with a barking mascot was front and center. But things have shifted. Now the dog pack has a rival: cat meme coins, led by Popcat (POPCAT). The Cryptonews team dug into the numbers to find out who’s ahead in the cat-versus-dog rivalry. We analyzed the full universe of cat and dog meme coins, tracking their launch trends, lifespans, ROI, and overall performance, before zooming in on how they performed in Q1 2025.
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Trump’s Truth Social Denies Rumors Over New Memecoin Launch Trump-owned social media platform, Truth Social, has dismissed widespread rumors regarding a new memecoin launch, flagging it a fake news. “Contrary to rumors, Truth Social is not launching a memecoin,” Truth Social posted on Tuesday. The Trump-linked memecoin buzz started first when TV host Ran Neuner shared on X that Truth Social is launching a memecoin in the next 72 hours. Neuner serves as the host of Crypto Trader on CNBC and hosts the Crypto Banter podcast. “Seems like similar gang to $TRUMP team,” his post read. “Keep your eyes and eyes peeled.” His claim quickly gained attention across the crypto community, with users speculating on the new memecoin. One crypto influencer Wendy O called the new memecoin launch “silly.” Instead, the team “should just use TRUMP,” she added.
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Lido Says Funds Safe After Oracle Incident Triggers Emergency Response Ethereum staking protocol Lido moved over the weekend to neutralize a threat after one of its oracle keys, managed by validator operator Chorus One, was compromised. Although 1.46 ETH ($3,675) was drained from a hot wallet used for oracle voting, Lido confirmed that the protocol remains secure and fully operational. The breach came to light on May 10 when a contributor noticed a low balance alert on the affected wallet. Further checks revealed the key had been accessed by an unauthorized party, prompting immediate coordination between Lido contributors and Chorus One to contain the situation. The compromised wallet, created in 2021, was used to sign oracle reports but was not protected under the same strict standards as other infrastructure, Chorus One later clarified.
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Trump’s Crypto Posts on Truth Social Aren’t What They Seem A POLITICO story has revealed how a Washington lobbyist has been iced out of the White House for angering Donald Trump — but it also illustrates the president’s approach to dictating crypto policy. Back in March, you’ll remember how an out-of-the-blue post on Truth Social announced that the U.S. was planning to create a “crypto strategic reserve” that consisted of altcoins including XRP, Solana and Cardano. All three of these digital assets surged dramatically on the news, with Trump later adding that Bitcoin and Ether would be at the heart of the reserve. Written on a Sunday, it took the crypto markets by surprise. Well, we’ve now learned that this post can be linked to Brian Ballard, who runs a lobbying firm representing dozens of clients. Why? Because one of his employees had given the president a copy of the message he should write.
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India’s Supreme Court Likens Bitcoin Trading to Refined Hawala, Slams Lack of Regulatory Clarity India’s highest court has drawn sharp parallels between unregulated Bitcoin trading and traditional money laundering, spotlighting the urgent need for a clear crypto policy. India’s Supreme Court has sounded a strong alarm on the growing disconnect between the rise of Bitcoin trading in the country and the central government’s sluggish regulatory response. According to a local report, during a hearing on Monday, the apex court likened the unregulated use of Bitcoin to a “refined form of Hawala,” an informal and often illicit money transfer system. The remarks came during a bail hearing for Shailesh Babulal Bhatt, who has been in custody since August 2023 and is accused of illegal Bitcoin trading.
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WEMIX Price Plunges 60% After Major Korean Exchanges Announce Second Delisting WEMIX, the native cryptocurrency of South Korean gaming firm Wemade, saw its price plunge over 60% following a devastating announcement from the Digital Asset eXchange Alliance (DAXA) that it will be delisted from all major domestic exchanges by June 2. The decision marks the second time WEMIX has faced delisting within South Korea’s notoriously cautious crypto environment. The delisting follows a February cyberattack in which more than 8.65 million WEMIX coins, valued at around 9 billion won (approximately $6.2 million), were illicitly withdrawn from Wemade’s Play Bridge Vault, a critical component of its Web3 infrastructure. DAXA deemed the breach inadequately explained, and the WEMIX Foundation failed to satisfy key transparency, disclosure, and user compensation compliance standards.
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Crypto Space Lost $92M to Hacks in April 2025, Total Loss YTD Hits Whopping $1.74B Hackers stole more than $92.4 million from crypto projects in April 2025. At the same time, the total losses for the first four months of the year alone surpassed $1.74 billion, according to blockchain security platform Immunefi. In April, the crypto space suffered a loss of $92,453,100 across 15 specific incidents. Per the report, this is a 27.3% increase compared to April 2024. At the time, registered losses stood at $72,606,827. Furthermore, this figure marks a 2.2x rise month-over-month. Losses in March 2025 totaled $41,406,115. Meanwhile, Immunefi noted that two incidents were responsible for the majority of the $92.4 million. Open-source platform UPCX lost $70 million, while decentralized exchange KiloEx suffered a $7.5 million loss.
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Is Trump Coin About to Explode? $1.7B Inflows Before Trump’s Private Dinner – Price Prediction Update Trump’s meme coin has skyrocketed 80% after news that top investors will land a VIP dinner with the President — could the rally continue? The Official Trump ($TRUMP) meme coin tied to US President Donald Trump is still climbing after last week’s headline-grabbing announcement inviting top holders to a private dinner with Trump himself. TRUMP is up 2.3% today and 83% over the past week, now trading at $15.13. Despite the impressive rally, the coin remains about 79.4% below its all-time high of $73.43, set just days after Trump’s inauguration. Even so, TRUMP is currently the best-performing meme coin among the top five by market cap — outpacing the likes of Dogecoin ($DOGE), which, despite backing from Tesla/SpaceX/X CEO Elon Musk, has stayed flat over the past day and gained just 12% over the past week.
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Melania Meme Coin Team Sells $1.5M in Tokens, Sparking Downside Pressure Amid 21% Price Pump Large-scale token sales by the Melania memecoin team have intensified fears of insider dumping, even as the token briefly rallied. The Melania (MELANIA) meme coin has once again sparked concern as blockchain analysts uncovered that the team behind the token has sold more than $1.5 million worth of MELANIA over the past three days. The heavy selling, which follows a similar pattern observed over the past month, raises questions about insider rug-pulling and the future trajectory of the token. According to Lookonchain, the Melania team not only manipulated liquidity but also executed a calculated dollar-cost averaging (DCA) strategy to sell substantial amounts of tokens in small tranches, preventing sharp price crashes but maintaining consistent sell pressure.
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Fartcoin (FARTCOIN) Price Analysis: Smart Money Selling Flashes Warning Signs Fartcoin (FARTCOIN) continues to consolidate to the north of $1 per token as Friday Asia trade gets underway, with chart analysis suggesting that the path of least resistance points at further upside in the weeks ahead. FARTCOIN, a Solana-based humor and community-focused meme coin, has been the talk of crypto in wake of a stunning rally of more than 5x in the past few weeks since the early March lows. The meme coin remains in a strong uptrend and, while a near-term drop back to major moving averages in the $0.83 and $0.57 areas is possible, momentum is strong right now. One meme coin trader predicted new record highs for FARTCOIN in May. Popular altcoin trader Alton Sharpa, meanwhile, posited in a recent X post that the recent dip back to $1.0 per coin could have been the near-term low.
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Rugpull Losses Soar 6,500% in 2025 as Crypto Scams Turn Deadlier, Nearly $6B Lost – DappRadar Crypto rug pull losses have skyrocketed in 2025, with a single DeFi scam accounting for nearly $6 billion of the nearly $6 billion lost. In a year already marred by mounting concerns about user safety, a new report from DappRadar revealed that crypto rugpulls have stolen nearly $6 billion from the ecosystem since the beginning of 2025. This is a staggering 6,499% surge from the $90 million recorded during the same period last year. According to DappRadar’s blockchain analyst Sara Gherghelas, 92% of the total damage is attributed to a single incident: the suspected rug pull orchestrated by Mantra Network, a DeFi project on the Polygon blockchain. While the investigation into Mantra is ongoing, its sheer scale has already made it one of the most consequential scams in recent crypto history. Yet, while the financial cost of rug pulls has ballooned, their frequency has notably decreased.
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