James Wynn has faced fresh backlash across crypto social media after blockchain investigators linked him to a newly launched token that allegedly ended in a rug pull worth only 3.2 SOL, or roughly $260. According to on-chain analytics platform Lookonchain,…
James Wynn allegedly rug pulled $WORLD memecoin on Solana, pocketing just 3.2 SOL ($260) before claiming his account was hacked. The token had a name that felt deliberate. $WORLD went live on Solana on May 27. Its full name: THE REAL WORLD. Contract address AmpR1bXuz5hVQZ7CTtBbrHW91MB6TDrJ5Np7rupApump on Pump.fun. Minutes after launch, the wallet that created it […]
The post From $100M in Unrealised Gains to Rugging for $260 on Solana appeared first on Live Bitcoin News.
Coinbase now runs nearly 10% of all staked SOL with a newly upgraded, multi client validator architecture it says can update with “near zero downtime.” Coinbase has disclosed that it is now staking roughly 40.48 million SOL (SOL) on Solana,…
Solana price has approached a critical breakdown below $80 as a bearish double top pattern threatens a deeper correction. According to data from crypto.news, Solana (SOL) fell 5% to an intraday low near $80 on May 28 after trading above…
The post Crypto Market Crash: $1B in Bitcoin, ETH, XRP, SOL, & Altcoins Liquidated, Here’s Why appeared on BitcoinEthereumNews.com.
Crypto market crash shows no signs of stopping, with over $120 billion in market cap wiped out in a week. Over the past 24 hours, another $1 billion in Bitcoin, ETH, XRP, SOL and other top altcoins were liquidated. BTC price tumbled below $73K and Ethereum plunged 5% to below $2,000 level amid macro, technical, and geopolitical factors. The Crypto Market Fear & Greed Index is 22 (extreme fear) today, slipping further into extreme fear since CoinGape warned that Bitcoin price could fall below $75,000. Meanwhile, top altcoins XRP, BNB, Solana (SOL), Cardano (ADA), Dogecoin (DOGE), Hyperliquid (HYPE), and Zcash (ZEC) fell more than 3-7%. AI coins are leading the crypto liquidation, with RENDER, VIRTUAL, and WLD down 10-13%. Crypto Market Crash amid Massive Bitcoin, ETH, SOL, XRP Liquidations Coinglass data showed the crypto market saw another $1 billion in li
South Korean prosecutors have arrested and indicted five suspects in what authorities say is the country’s first criminal case targeting a rug pull on a decentralized exchange, with the alleged scheme leaving 256 investors with approximately $600,000 (900 million won) in combined losses. CATFI, a Fake Influencer, and a DEX Exit The case centers on […]
Solana failed to settle above $85 and trimmed most gains. SOL price is now consolidating losses above $80 and might continue to move down. SOL price started a fresh decline below $84 and $82 against the US Dollar. The price is now trading below $82 and the 100-hourly simple moving average. There was a break below a declining channel with support at $82 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $80 or $78.50. Solana Price Dips From $85 Solana price failed to remain stable above $84 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $82 and $81.50 levels. Besides, there was a break below a declining channel with support at $82 on the hourly chart of the SOL/USD pair. The bears even pushed the price toward $80. A low was formed at $79.92, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $84.65 swing high to the $79.92 l
Forward Industries, the largest treasury holder of Solana (SOL), has announced that it’s set to join the Russell 2000 and 3000 indexes. Forward Industries To Be Included In Russell 2000 From June 29th According to a press release, Forward Industries is joining the Russell 2000 and 3000 indexes. The publicly traded company has historically focused […]