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irene91be

@irene91be

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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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“Maybe they are concerned about $5 wrench attacks or trying to make themselves less of a target for attackers by saying their stack is all in ETFs now,” said Bitcoin pioneer Samson Mow
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Meanwhile, Argentine President Javier Milei is reportedly facing fraud charges after endorsing a cryptocurrency project called LIBRA that collapsed in what has been labeled an insider scam.
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Meanwhile, Argentine President Javier Milei is reportedly facing fraud charges after endorsing a cryptocurrency project called LIBRA that collapsed in what has been labeled an insider scam.
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“Maybe they are concerned about $5 wrench attacks or trying to make themselves less of a target for attackers by saying their stack is all in ETFs now,” said Bitcoin pioneer Samson Mow
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According to CoinGecko, TRUMP trading saw significant activity in the last 24 hours, with Bitget leading at $864.9 million, followed by MEXC at $842.7 million and KuCoin at $445.2 million. At the time of writing, TRUMP is up 194% in the last 24 hours, trading at $54.62.
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Meanwhile, Solana’s ecosystem saw a massive uptick in activity. Solana’s largest DEX, Raydium, captured $25.07 million in fees and $2.85 million in revenue — a record high for the platform, according to DefiLlama.
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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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Moonshot processed nearly $400 million in volume over the past 12 hours, breaking records for fiat on-ramp usage and bringing over 200,000 new users onchain.
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Amid the hype, some on X speculated about a potential “USA coin” as the next project. Eric Trump dismissed these rumors, clarifying that no such project was developing.
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The Bitcoin community has reacted strongly to Trump’s Solana-based memecoin, criticizing it as opportunistic and fundamentally at odds with Bitcoin’s principles.
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Brandon Quittem, vice president of revenue at Swan Bitcoin, posted on X, “Trump coin is such an extreme case of shitcoinery it will ultimately help differentiate Bitcoin further. Trumpcoin is a get-rich-quick scheme, it’s nothing like Bitcoin.”
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Pierre Rochard, vice president of research at Riot Platforms, emphasized Bitcoin’s design as fundamentally different.
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Will Cole, a Bitcoin advocate and head of product at Zaprite, called the memecoin “pump-and-dump-as-a-service. Wealth transfer from Gen Z and Millennials to Boomers. Brought to you by Ethereum and Solana.”
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The Elon Musk-led agency championing more governmental efficiency is set to be hit by a lawsuit just minutes after US President-elect Donald Trump takes office.
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Trump appointed billionaire Musk in November to head the Department of Government Efficiency (DOGE), an agency aimed at cutting government spending and streamlining regulations.
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However, public interest law firm National Security Counselors is preparing to sue the new agency, citing the alleged violation of federal transparency laws, according to the Washington Post.
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The law firm claims that DOGE has been violating the Federal Advisory Committee Act (FACA), which requires advisory committees to executive branches to follow set disclosure and hiring rules.
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Similar agencies require a more balanced approach that records the minutes of the meetings and allows public attendance, wrote Kel McClanahan, executive director of National Security Counselors, in the 30-page complaint seen by the Washington Post.
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Dogecoin flipped Porsche’s $56 billion market capitalization thanks to Musk’s continued endorsements of the DOGE non-governmental agency, which was seen as a catalyst by memecoin traders, Cointelegraph reported on Nov. 27.
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