Hackers compromised verified SpaceXAI and Starlink X accounts to promote the SCATMAN memecoin, misleading users into buying it. The token's market cap briefly surged to nearly $2 million due to the fake hype, fueled by over 72,000 views on fraudulent tweets. However, the attackers dumped their holdings, causing the token's value to crash by 98% and liquidity to vanish within 24 hours. This incident highlights the risks of trusting compromised social media accounts in crypto markets and the potential for rapid scams exploiting social credibility.
Solana (SOL) is trading around $73 but remains below important resistance levels at its 100-day and 200-day moving averages, indicating weak bullish momentum. The price is consolidating in a narrow range with neutral market indicators like the RSI ne...
XRP remains pressured around $1.08 after breaking below a symmetrical triangle pattern, signaling continued bearish control. Key moving averages at $1.09, $1.10, and $1.20 act as strong resistance, limiting upside potential. Trading volume is low, in...
Cardano (ADA) surged about 10% following the announcement of its Dijkstra era roadmap, which aims to enhance scalability through multiple phased upgrades. This comes after the recent van Rossem hard fork that improved core infrastructure like Plutus ...
Japan is preparing its first coordinated currency intervention with the G7 in 15 years to strengthen the yen, potentially combining market intervention with future interest rate hikes. This move aims to support the yen long-term and prevent a sharp s...
Bitgo CEO Mike Belshe funded a public bitcoin wallet with 100 BTC (about $6.3 million) and challenged Anthropic's AI models to steal it, following Anthropic's disclosure of AI models accidentally accessing real systems during cybersecurity tests. Des...
