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Billionaire Tron (TRX) founder Justin Sun is going to attend an exclusive crypto dinner with Donald Trump after claiming he’s the top holder of the President’s memecoin. In a new thread on the social media platform X, Sun says he’s excited to join Trump for this special dinner, an event he announced last month for the top 220 holders of Official Trump (TRUMP). “Honored to support POTUS and grateful for the invitation from GetTrumpMemes to attend President Trump’s Gala Dinner as his TOP fan! As the top holder of TRUMP, I’m excited to connect with everyone, talk crypto, and discuss the future of our industry.” The Official Trump website lists a user named ‘Sun’ as the largest holder of TRUMP, coming in at 1.4 million tokens worth about $20 million. News of Sun’s attendance drew a response from Democrat Senator Elizabeth Warren of Massachusetts, who notes that Sun – an investor in Trump’s decentralize...

The cryptocurrency industry has continued to change the lives of its investors. While Shiba Inu (SHIB) and other meme coins were previously making headlines for doing this, several new assets were bringing in similar gains for investors. More recently, an investor managed to turn a mere $95 to nearly $100,000 within a day. Also Read: Dogecoin Whales Pocket 1.40 Billion DOGE: 20 Cents Incoming? Recent data from Lookonchain revealed that a cryptocurrency trader who traded Incept (INCEPT) saw a return of more than 1,000 times, growing $95 into as much as $96,900 in just 12 hours. Unbelievable! Turned $95 into $96.9K in just 12 hours—more than a 1000x return! Many of the wallets that made ~1000x profit on $INCEPT appear to be insider wallets. They were all created 4 days ago and have only traded $INCEPT.https://t.co/AvNHFbRjpO pic.twitter.com/aOm3z1VXAx — Lookonchain (@lookonchain) September 26, 2024 But it was revealed that the address might have belonged to an insider. The Lookoncha...

Investors eye Meme Moguls amid bullish forecast for crypto PancakeSwap (CAKE) price is up 17% in 24 hours after a massive token burn. Meme Moguls (MGLS) is now in stage 3 of its presale, with increasing investor attention likely to push its price higher post launch. As the crypto market savours the December gifts with price gains across major altcoins, one of the notable performers has been PancakeSwap (CAKE). Meanwhile, the fear of missing out on a potentially 100x token has savvy traders increasingly interested in Meme Moguls (MGLS) . PancakeSwap’s 60% surge in a week: What’s behind it? Among tokens to skyrocket in recent days is PancakeSwap (CAKE), the largest decentralised exchange (DEX) platform in the Binance Smart Chain ecosystem. The native governance token has seen a remarkable bounce in its value over the past week. As data from CoinGecko shows, CAKE has gained nearly 60% in the past seven days to trade above $3.72, levels last seen ...

A new report from The New York Times sheds light on how Chinese investors , aided by Binance, acquired a Texas mining facility. A 23-year-old Chinese national and NYU student, Jerry Yu, appears to be the majority owner of a Texas-based crypto mining facility BitRush, which was backed by $6 million in Tether (USDT) by undisclosed Chinese investors , according to a recent report from The New York Times. In one of the lawsuits filed by Crypton Mining Solutions, which alleges non-payment for services in the Texas Panhandle town, BitRush’s investors — described as “not only Chinese citizens but citizens in highly political and influential business positions” — raised concerns about how exactly the funds were transferred from China to the U.S. The lawsuits, as reported by NYT, exposed a public money trail ending at Binance, which facilitated transactions with USDT through its offshore branch when the exchange’s operations were not adhering to American banking r...

Shiba Inu drops 6% in a week Toncoin gains 2% over seven days Rebel Satoshi  presale attracting investors The crypto market is currently divided, with major altcoins either experiencing minimal gains or succumbing to renewed bearish pressure.  This bearish sentiment has caused Shiba Inu (SHIB) to decline while Toncoin (TON) struggles to maintain its positive momentum.  Amid this, Rebel Satoshi (RBLZ), an upcoming meme coin, has sold 10 million tokens in its public presale. Shiba Inu drops 6% in a week Over the past week, SHIB has fallen 7% despite initial positive news cycles. On Nov. 15, SHIB was trading at around $0.000008371. It briefly spiked to $0.000009118 following announcements of a partnership between Shibarium and the Manny Pacquiao Foundation but failed to sustain those gains. You might also like: Shibarium sees surge in daily transactions as SHIB gains 15% in a week As of Nov. 22, SHIB had stabilized around $0.000007808 as volatility coole...

The platform was charging investors ‘exorbitant and undisclosed fees’ with one user being charged recurring fees of $51,000 over a span of 13 months, according to the statement. Cryptocurrency trading platform Coin Cafe has been ordered to repay $4.3 million to its users after allegedly charging “exorbitant and undisclosed fees" for storing Bitcoin on the platform — leading to some accounts being drained entirely of its funds. Based in Brooklyn, Coin Cafe initially filed an application for a virtual currency license with the New York State Department of Financial Services in July 2015, however, was only approved in January this year. Despite the seven-and-a-half-year application process, it was allowed to operate throughout but was flagged as putting “investors at risk,” as it didn’t uphold its obligation to register with the Office of the Attorney General for New York – which all New York broker-dealers are required to do so. On May 18, it was revealed that the exchange had been...