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Cryptopotato
1d
275
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Why Is The PI Army So Passionate? Pi Network Co-Founder Explains
- Nicolas Kokkalis, co-founder of Pi Network, explains the passion behind the project at the 2025 Consensus conference in Toronto.
- Despite delays in launch and token release, Pi Network has become popular in the cryptocurrency space over the past five years.
- The project focuses on value capture to ensure that benefits are distributed among a large number of people.
- After a price surge followed by a significant decline, PI token experienced a 'buy the rumors, sell the news' scenario.
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Coindoo
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116
Image Credit: Coindoo
eToro CEO Reveals How $5 Bitcoin Bet Turned Into $50 Million
- eToro, with over 130 crypto assets and a $5.5 billion valuation, is asserting itself as a frontrunner in digital assets, targeting the massive wealth transition from Gen Z estimated at $140 trillion.
- eToro's foray into crypto started with a bold move in the early 2010s, purchasing Bitcoin at just $5 per coin, resulting in substantial profits when Bitcoin surged to $50,000.
- Despite the significant gains, eToro's board, initially hesitant about the crypto venture as it was not part of the core business, decided to sell the Bitcoin at $50 million, showcasing caution even in the face of remarkable growth.
- eToro's CEO humorously hinted at possibly dismissing the board members who were cautious about the investment, reflecting on the journey from a $5 Bitcoin bet to a $50 million windfall.
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Coindoo
1d
177
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Alchemy Acquires DexterLab to Strengthen Solana Infrastructure
- Alchemy has acquired DexterLab to enhance the Solana infrastructure, which is used by major players such as Google, Chainstack, and the Solana Foundation.
- The acquisition is part of Alchemy's efforts to scale its infrastructure for the expanding Solana ecosystem, with a focus on innovation and scalability as noted by Alchemy's engineering lead, Alexandru Minulescu.
- Solana's rise, fueled by apps like Pump.fun, has attracted attention due to its scalable design supporting various applications. The deal with DexterLab enables Alchemy to meet the rising demand for Solana services.
- Although the terms of the acquisition are undisclosed, the move is a significant part of Alchemy's strategy to fortify its blockchain infrastructure for the future.
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Coindoo
1d
304
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How to Protect Yourself from Potential Crypto Fraud, According to FBI
- Cybercriminals have been impersonating senior U.S. officials since April 2025 to gain access to personal and official accounts, targeting high-ranking federal or state officials.
- They use smishing (text message phishing) and vishing (voice phishing), including AI-generated voice messages, to deceive targets by sending malicious links disguised as a way to switch to a different messaging platform.
- Phishing techniques like smishing, vishing, and spear phishing transition targets to secondary platforms to introduce malware or gain sensitive information, making scams harder to detect and more convincing.
- To protect yourself, verify senders, examine communication closely for inconsistencies, look for imperfections in AI content, listen carefully to voice messages, avoid sharing sensitive information, be cautious with financial requests, avoid clicking on unsolicited links or attachments, enable multi-factor authentication, and create a family code for verification.
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Cryptopotato
1d
246
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These Altcoins Plunge Hard but Bitcoin (BTC) Maintains $103K (Market Watch)
- Bitcoin's price briefly fell below $103,000 but quickly recovered, maintaining a range between $102,500 and $104,000.
- Several altcoins experienced significant losses in the past day, with PI leading the pack with a 20% drop.
- ETH, DOGE, SHIB, LINK, PEPE, UNI, and others also saw declines, contributing to over a $70 billion drop in the total crypto market cap.
- Despite the altcoin plunges, Bitcoin's dominance over the market remains strong at 60.4% as its market cap stays above $2.050 trillion.
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Coindoo
1d
100
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Another Nasdaq Listed Company to Acquire $1 Billion in BTC
- Basel Medical Group Ltd (Nasdaq: BMGL) is set to acquire $1 billion in Bitcoin to diversify its treasury reserves and focus on expanding its medical services in Asia.
- Through an innovative share-swap arrangement with a consortium of investors in the cryptocurrency sector, BMGL aims to bolster its balance sheet significantly.
- The BTC acquisition will strengthen BMGL's financial position, improve flexibility for mergers and acquisitions, and allow better management of market volatility in the Asian healthcare industry.
- CEO Dr. Darren Chhoa believes this transformation will provide unprecedented financial capacity for strategic growth in Asian markets while maintaining disciplined financial management.
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Coindoo
1d
339
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Argentina Freezes Assets in LIBRA Memecoin Fraud Investigation
- A recent decision by Argentina involved freezing assets in the LIBRA Memecoin fraud investigation, which is linked to potential fraudulent activities associated with the digital token's promotion.
- The investigation revolves around suspicions of a pump-and-dump scheme concerning LIBRA, particularly following President Javier Milei's public endorsement of the memecoin in February, which resulted in a significant increase in market capitalization but subsequent drastic devaluation, raising concerns of market manipulation and fraud.
- Judge María Servini issued the ruling on May 14, authorizing the lifting of banking secrecy for Milei and his sister to examine their financial transactions for any possible irregularities or connections to the memecoin's promoters.
- Surveillance footage has brought to light questionable activities related to safety deposit boxes rented by a central figure in the scheme, with suspicions of cash involvement, as well as connections between the project's development and a foreign financier, Hayden Davis, with an Interpol notice issued for his arrest.
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Coindoo
1d
289
Image Credit: Coindoo
3 Small-Cap Tokens Could 100x by 2025—FXGuys Is One of the Most Explosive
- In the fast-moving world of crypto, small-cap tokens like FXGuys, JasmyCoin, and Shiba Inu are gaining attention for their potential to 100x by 2025.
- FXGuys ($FXG) is standing out for its focus on passive income, capital scaling, and utility for real traders, offering staking, prop trading funding, and immediate withdrawals without KYC.
- JasmyCoin (JASMY) is targeting the Internet of Things sector with promising partnerships, while Shiba Inu (SHIB) is evolving beyond a meme coin with the launch of Shibarium for faster and cheaper transactions.
- As the altcoin race intensifies, utility remains crucial for potential growth. FXGuys, with its comprehensive Trader Development Ecosystem, is positioned as a strong contender for substantial growth.
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Coindoo
1d
352
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Pi Coin: Analyst Accuses Project of Executing a Rug Pull
- Crypto commentator Dr. Altcoin accuses Pi Coin Core Team of executing a rug pull by selling a significant amount of Pi tokens at the peak price of $1.60 while the community was distracted by announcements and progress illusions.
- Pi community anticipated a full Mainnet launch with 100+ DApps on May 14 but got Pi Network Ventures instead, leading to a sharp decline in Pi's price to $0.80 and possibly back to the original price of $0.40, eliminating earlier speculative gains.
- The allegations claim that the Pi Core Team has defrauded the community, highlighting the lack of response from key figures in the Pi Network ecosystem, potentially exposing complex insider-led market manipulation in the crypto space.
- The incident serves as a cautionary example of the risks associated with hype without actual delivery in the crypto space, especially when insiders can benefit, potentially prompting regulatory scrutiny.
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Coindoo
1d
382
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Unilabs (UNIL) Launches Decentralized Investment Platform, Become Early Investor in the Next DOGE or PEPE
- Memecoins like PEPE and Dogecoin have seen significant growth in May, but indicators suggest a potential reversal in the near future.
- Unilabs is gaining attention for its decentralized investment platform powered by AI, offering passive income for investors and referral incentives.
- UNIL's ICO has raised over $400,000, and analysts predict it could outperform tokens like PEPE in terms of price appreciation.
- While Dogecoin faces overbought risks and PEPE has bearish indicators, Unilabs' UNIL token is seen as a promising investment with a low entry level and potential high returns.
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Coindoo
1d
255
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Crypto Exchanges Fight Back Against Rising Phishing Attacks
- A series of recent hacks in the crypto sector, including a $1.4 billion breach at Bybit, highlight the increasing risks in the industry.
- Coinbase faced a social engineering attack where hackers used tactics to trick customer service agents, resulting in a breach that could cost up to $400 million.
- Binance and Kraken successfully defended against phishing attempts by using advanced AI tools for early detection, preventing any data leaks.
- In response to the increasing threat of phishing attacks, crypto exchanges are enhancing their internal security systems to safeguard user information and assets.
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NullTX
1d
96
Image Credit: NullTX
XRP Price Targeting $5.86 According To Elliott Wave Analysis, This Could Mean 2500% Gains For ‘XRP 2.0’
- XRP price is targeting $5.86 according to Elliott Wave analysis, potentially resulting in 2500% gains for 'XRP 2.0'.
- XRP broke a three-month downtrend, showing bullish momentum and entering Wave 5 with a target of $5.86, supported by technical analysis.
- A token called 'XRP 2.0' (Remittix) is gaining attention as a faster and smarter evolution of XRP, offering invisible and efficient crypto payments.
- Remittix, priced at $0.0757, is positioning itself as an upgrade to XRP, with significant growth potential and 87% of its presale already sold.
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Zycrypto
1d
23
Image Credit: Zycrypto
Chainlink’s Run to $20 Gains Steam Amid LINK Taking the Helm as the Top Developing DeFi Project
- Chainlink's daily trading volume surges by 20.37% to $551.62 million, hinting at a potential rise to $20 in value.
- Renowned crypto enthusiasts, Michael van de Poppe and Stanley Crypto, predict Chainlink's move to $20, with technical analysis supporting the uptrend.
- For Chainlink to reach $20, it needs to surpass resistance at $17.80 while holding the critical support level at $16.20.
- Chainlink leads as the top DeFi project in development, highlighted by significant developer contributions, GitHub commits, and recent selection by JPMorgan for settling tokenized U.S. Treasuries.
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Cryptoticker
1d
348
Image Credit: Cryptoticker
Will Shiba Inu Coin Reach $1 Before July 1?
- Shiba Inu (SHIB) fans dream of reaching $1, but the current charts show short-term bearish pressure.
- As of May 17, 2025, SHIB is trading at $0.00001430, facing resistance at $0.00001536 and $0.00001553.
- To hit $1, SHIB would need to rise by approximately 69,930x, a nearly 70,000% increase from the current levels.
- While a rally to $0.00001800 or $0.00002000 is possible, reaching $1 before July 1 seems unrealistic based on technical data and historical performance.
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Coindoo
1d
274
Image Credit: Coindoo
Ethereum Gains Strength Against Bitcoin, Hints at Possible Altcoin Revival
- Ethereum's value relative to Bitcoin has surged by 38% in just a week, indicating a possible altcoin rally.
- The ETH/BTC ratio hit its lowest point since early 2020, preceding historical rebounds for Ethereum and other altcoins.
- Ethereum's trading activity has increased significantly, with the highest spot volume ratio since August 2024.
- Inflows into Ethereum-focused ETFs have accelerated, suggesting growing institutional confidence in Ethereum's scalability and the overall market.
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