Crypto News

Best Wallet Raises $5M in New Crypto Presale, Expert Predicts 10x Potential

The Best Wallet ($BEST) token presale continues to attract significant interest from investors as it crosses the $5 million mark. It’s been just a few weeks since the capital raise started and the project’s advanced features appear to have been enough to persuade Web 3 enthusiasts to chip in and position themselves for massive gainsSource link

Dogecoin Down 23% This Week as Bitcoin and XRP Stumble After Surges

Bitcoin has plunged 12% in the last five days since setting a new high, while Dogecoin and XRP have fallen hard after recent milestones.Source link

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

The U.S. Securities and Exchange Commission (SEC) announced that Tai Mo Shan Ltd. has agreed to pay $123 million to resolve allegations of misleading investors about the stability of terrausd, Terra’s algorithmic stablecoin. Tai Mo Shan Settles SEC Allegations Over Terrausd for $123 Million Tai Mo Shan, a subsidiary of Jump Crypto Holdings, was accusedSource link

XRP Community Gets New Rewards, Fed Rules out BTC Reserves, and More — Week in Review

XRP community gets new rewards, Fed rules out BTC reserves, Strike CEO says Trump eyeing US BTC reserve, and more in this Week in Review. Week in Review Ripple’s RLUSD stablecoin debuted on Uphold, offering rewards and benefits to XRP holders. Federal Reserve Chair Jerome Powell ruled out the possibility of the Fed holding BitcoinSource link

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Constantine Zaitsev, CEO of DRPC, believes multichain solutions are a temporary fix and future advancements like modular blockchains hold promise for a more streamlined approach to blockchain scalability and specialization. Preparing for the Modular Blockchain Era Multichain solutions may not be the blockchain industry’s long-term answer, despite effectively addressing current scalability and specialization limitations, accordingSource link