CryptoNinjas
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Posts published by CryptoNinjas 8/12

Uniswap Integrates with Robinhood, MoonPay, and Transak: Facilitating the Fiat-to-Crypto Bridge

Key Takeaways: Seamless Conversion: Uniswap users can now convert crypto to fiat and withdraw funds directly into their bank accounts. Strategic Partnerships: The collaboration leverages the expertise of Robinhood, MoonPay, and Transak. Global…

SOL Experiencing Downtrend: TVL Drops, Memecoin Mania Wearing Off and Price at Risk of Falling Below $110

Key Takeaways: The Total Value Locked (TVL) in Solana has dropped 40% in the past month, mirroring a broader decline in activity across its network. The memecoin frenzy on Solana is also fading, contributing to periods of stagnation for SOL’s…

House Democrats Aim to Ban Presidential Memecoins with the MEME Act

Key Takeaways: The MEME Act seeks to prevent public officials from profiting from digital assets like memecoins. The proposed legislation would cover the president, vice president, Members of Congress, senior officials, and their relations. The…

THORChain Under Fire as Swap Volumes Surge From Aftermath of Bybit Hack

Key Takeaways: THORChain swap volume surged past $1 billion post-Bybit hack. Concerns rise over its potential misuse for laundering stolen funds. RUNE price jumps amid increased platform activity. THORChain, a decentralized cross-chain swap…

FBI Issues Warning: Urgent Call to Block Transactions Linked to Bybit Hack

Key Takeaways: The Lazarus Group, which the FBI refers to as “TraderTraitor,” is attempting to launder funds. FBI urges crypto firms to freeze transactions related to the hackers. Entities with relevant information are encouraged to report to the…

MetaMask Integrates Fiat Off-Ramps for 10 Blockchain Networks

Key Takeaways: MetaMask introduces off-ramp support to 10 new blockchains to make crypto-to-fiat conversion easier. Transak adds a layer of streamlining transactions with lower fees for users. This step seeks to welcome the next generation of…

The GitVenom Crypto-Stealing Scheme: Hackers Use Phony GitHub Projects to Steal Your Crypto

Key Takeaways: “GitVenom” exploits fake GitHub repositories embedded with malware to target cryptocurrency users. Cyber attackers are leveraging AI-driven deception tactics to trick users into downloading malicious software disguised as legitimate…

Bitwise Secures $70M to Drive Crypto Solutions Amid Market Growth

Key Takeaways: Bitwise has secured $70 million in funding to support team expansion and onchain solutions. The firm experienced rapid growth in 2024, with assets under management growing tenfold to over $12 billion. These funds will enhance…

Senator Durbin Introduces New Bill to Combat Crypto ATM Fraud

Key Takeaways: Sen. Dick Durbin introduced the Crypto ATM Fraud Prevention Act to prevent increased scams at ATMs for cryptocurrencies. The bill includes transaction caps and mandatory rebates, especially for first-time users and victims of scams…

Grayscale Targets Polkadot ETF on Nasdaq as Altcoin ETF Competition Continues

Key Takeaways: Nasdaq has applied to list Grayscale’s Polkadot ETF, highlighting the increasing demand for altcoin investment vehicles. The SEC’s evolving stance on crypto, potentially influenced by the new administration, is increasing the…

Ohio Prepares for a Crypto Future: State Proposes Tax Cuts, Mining Benefits, and Pension Fund Investments

Key Takeaways: The Ohio bill seeks to stop new crypto taxes. The measure also endorses individuals’ rights to self-custody and crypto mining. Ohio pension funds could soon invest in crypto ETFs. With the surge in cryptocurrency popularity…

SEC Crypto Task Force Meets with Crypto Industry Leaders: Michael Saylor, Robinhood, CCI, and MITRE

Key Takeaways: The SEC’s Crypto Task Force is actively meeting with key players in the crypto space. The dialogue revolves around revisiting previous regulations for crypto and establishing clear parameters. The SEC is likely to introduce a…

Nasdaq-Listed HBAR ETF Filing Offers A New Injection Of Life For Altcoin Investors

Key Takeaways: The Canary HBAR ETF could give investors another way to access Hedera’s HBAR token as Nasdaq has filed to list the ETF with the SEC. The submission is an indication of a rising pattern in the number of altcoin ETF proposals…

USDC, EURC Become First Stablecoins Approved Under New Crypto Regime in Dubai

Key Takeaways: USDC and EURC became the first regulated stablecoins under Dubai’s crypto framework when they were officially recognized by the DFSA. The DIFC, a beacon of innovation in the MEASA region, can now facilitate these new use cases…

Celo, Chainlink, Hyperlane, and Velodrome Launch Cross-Chain Super USDT Stablecoin on OP Superchain

Key Takeaways: Super USDT seeks to address the fragmented liquidity of bridged USDT on the OP Superchain. Building on Chainlink and Hyperlane, Super USDT will provide nearly-free cross-chain transfers within the Superchain. Super USDT will be…