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Showing posts with the label crypto industry

160 crypto influencers exposed for undisclosed paid ads

ZachXBT , a known “on-chain detective”, dropped another massive leak on September 1, exposing hundreds of crypto influencers. Namely, a price sheet posted on X reveals the wallet addresses and promotional rates of over 200 figures in the market recently approached by a project they were meant to promote. However, ZachXBT’s Analysis shows that while some 160 accounts accepted the deal, fewer than five actually disclosed their posts as paid advertisements. NEW LEAK: Price sheet of 200+ crypto influencers and their wallet addresses from a project they were recently contacted by to promote. From 160+ accounts who accepted the deal I only saw <5 accounts actually disclose the promotional posts as an advertisement. pic.twitter.com/Kph9dUvDxB — ZachXBT (@zachxbt) September 1, 2025 Unsurprisingly, the leak is raising a number of questions regarding transparency and marketing standards with cryptocurrency, even if most of those featured on the list are “from the ...

Crypto’s ‘pay-to-play’ problem resurfaces in Wolf of All Streets podcast accusations

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Synonym CEO John Carvalho has shared a screenshot of an alleged email conversation that he says shows a representative of Wolf of All Streets host Scott Melker offering him an appearance on the podcast in return for $20,000. “They asked me to be on their retarded show, and then to pay $20k for it,” he said. Melker, who is also co-host of the Crypto Town Hall on X, and a listed crypto expert for  TheStreet Roundtable , has more than 1 million followers on X and has previously been named the 2020 Binance Influencer of the Year and included in the Cointelegraph Top 100 Notable People in Blockchain in 2021 list. Carvalho, who is perhaps best known for his interview of Bitcoin.com CEO Roger Ver during Bitcoin’s block size war, shared more screenshots of the alleged email conversation with  Protos . In these screenshots, the representative asked if Carvalho was “in the market for major influencer coverage.” In his alleged response, Carvalho said he would be open to an inter...

Coinbase Ready To Deploy $9.9 Billion War Chest On More Deals Following Deribit Acquisition

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Coinbase CEO Brian Armstrong says his firm is exploring more acquisition opportunities after acquiring crypto derivatives platform Deribit for $2.9 billion in May. “We are looking at acquisition opportunities; doesn’t mean we swing at every pitch,”  Armstrong said in a May 14 interview with Bloomberg Television. “We want it to be the right opportunity.” Armstrong went on to say that Coinbase is particularly interested in international opportunities, “companies that think similar,” and companies that can accelerate the exchange’s product development and growth.  Coinbase Sitting On Healthy Cash Reserves  Armstrong also said that Coinbase has a large balance sheet that can be put to use.  “Part of the benefit of being a public company is, you have a liquid currency to do that,” he said. That’s after the company revealed in its latest revenue report that its balance sheet strengthened, closing t...

3 Ways President Trump Can Help The US Lead In Crypto Assets

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The cryptocurrency domain is President Trump’s newest point of focus. Trump has made his stance on digital assets quite clear, adding how he wants the United States to take the cryptocurrency sector seriously and emerge as the ultimate leader out of the global pool of nations vying for the top spot. He doesn’t want to share this title with anyone, not with China or any other nation, and is trying his best to bring about new cryptocurrency use cases for the world to witness and seek inspiration from. While the adoption rate is slow, it is rapid and consistent, and can be increased skillfully if Trump implements these 3 elements as soon as possible. Also Read: Trump Eyes $1 Trillion Saudi Mega-Deal, Cuts Netanyahu Ties as Peace Talks Stall 3 Ways Trump Can Strengthen the Cryptocurrency Industry 1. Widespread Institutional Crypto Adoption Source: Watcher Guru If Bitcoin is truly as striking and monumental as Trump makes it out to be, the first thing the US can do is to pave the...

Top 6 Important Fed Decisions To Know After SEC Drops Ripple Lawsuit Appeal

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Is It Too Late to Buy GMT? GMT Price Soars 27%, And This Might Be the Next Crypto to Explode

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The GMT price surged 27% in the last 24 hours to trade at $0.19 as of 4.45 a.m. EST on trading volume that skyrocketed 762% to $672.41 million. The GMT price started surging yesterday, December 26, when its price surged from $0.1338, up to a resistance at $0.16. The resistance held it for 12 hours, only for the project to finally breach it last night at around 10.30 p.m. EST, and skyrocket to $0.18. Since then, the price has been battling the resistance, only to eventually venture further beyond, to its current price of $0.19. While the token initially traded against the market, starting its surge nearly 24 hours before the rest of the crypto industry, its current price increase comes as part of the wider market recovery. Bitcoin is leading the surge with an increase of 1.2% in the last 24 hours, which brought it to $98.7k per coin. Most other major cryptos are growing by a similar amount, but the wider market is being affected as well, including GMT. While some believe that this co...

Tether now holds more US Treasury bonds than Germany, Australia, and UAE

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Tether, the issuer of the leading stablecoin USDT, is one of the most profitable companies in the crypto industry. Tether is also the 18th largest holder of US Treasury bonds, surpassing three significant economies in Q3 2024. According to recently shared Q3 2024 results, Tether disclosed ownership of $102.5 billion in U.S. Treasury bonds. Paolo Ardoino, Tether CEO, went to X for comments on the matter, celebrating the company’s milestone in having more US treasuries exposure than Germany, Australia, and the United Arab Emirates (UAE). This happens as USDT increases its dominance in the cryptocurrency market, with over 70% of all stablecoins’ total capitalization. Notably, Tether’s USDT surged above the $120 billion market cap level, leading in exchange volume and increasing its relevancy. Picks for you SingularityDAO comm...

SEC admits their crypto approach has been ‘a disaster for the whole industry’

On October 9, the U.S. Securities and Exchange Commission (SEC) commissioner Mark Uyeda opined that the agency’s approach to the crypto industry has been a disaster. Uyeda criticized what he sees as ‘enforcing policy without providing clear guidance’, an approach that has bogged down the industry in lawsuits while engendering an atmosphere of uncertainty for investors, when speaking in an interview on Fox Business . I think our policies and our approach over the last several years have been just really a disaster for the whole industry. Picks for you Moonveil announces a new node sale and reveals a $2 million investment from Polygon Labs 1 hour ago Here’s how much you’d have if you bought $1,000 of Bitcoin when JPMorgan called BTC '...