Crypto News
VIRTUAL Surges 28% as Upbit Listing Exposes the Token to Altcoin Savvy South Koreans
VIRTUAL, the native token of the AI agent generator platform Virtuals Protocol, climbed during European trading hours after Upbit, South Korea’s leading cryptocurrency exchange, said it would list the coin.The price surged 28% to $2.61, almost testing the downtrend line that characterizes the sell-off from the Jan. 2 record high of around $5.25, data tracked by TradingView and CoinDesk show. The price jump followed Upbit's decision to list the VIRTUAL/KRW, VIRTUAL/USDT and VIRTUAL/BTC markets, exposing the token to altcoin savvy Korean traders.Early this month, Virtuals Protocol announced a program to buy back and destroy ecosystem agent tokens using the almost 13 million VIRTUAL tokens accumulated from post-bonding trading income. The protocol, a Base native, recently expanded to Solana via...
Pump.fun Faces Class Action Lawsuit Over Alleged Unregistered Securities Sales
The Solana-based meme coin platform allegedly operated an unauthorized securities exchange, court documents reveal.Source link
Nearly 3 Million Have Enrolled in the Russian Unified Biometric System
About 3 million citizens have registered their personal data on the Russian Unified Biometric System. Authorities state that the population is warming to the use of these technologies, as 80% of registrations occurred last year. Russian Unified Biometric System Gets Closer to 3 Million Users Registered The Russian state biometric data cache is getting larger.Source link
South African Court Sets Bail for Man Accused of Sending Bitcoin to Terrorists
A South African man accused of sending bitcoin to an Islamic State affiliate in Syria, is set to be released on bail after a court ruled he is not a flight risk. Accused Person Not a Flight Risk A South African man accused of sending bitcoin (BTC) worth just over $600 to an Islamic StateSource link
Elon Musk’s Dad Eyes $200M Raise From ‘MUSK IT’ Memecoin to Go ‘Beyond Rockets’
Elon Musk’s dad is promoting a memecoin that capitalizes on the family name to raise upto $200 million for various engineering projects, despite the father-son duo apparently being estranged.Errol Musk, alongside business partner Nathan Browne, will officially back the “MUSK IT” token with the ambitious goal of establishing the Musk Institute, a new for-profit think tank that Errol aims to spearhead, per Fortune.The Musk Institute plans to “go beyond rockets” and build flying vehicles and other scientific pursuits. It is unclear how Elon Musk will be involved in this, if at all."I’m the head of the family. It really started with me in our family—I’ve been ‘Musking It’ for years,” he told Fortune, dismissing any concerns about leveraging his surname...