TRUMP memecoin makes record price run, possibly multiplying Donald Trump’s net worth by 5x

    On Jan. 18, 2025, the cryptocurrency market witnessed a significant event with the launch of the “OFFICIAL TRUMP” ($TRUMP) memecoin on the Solana SOL blockchain. Its price has soared over 490% in less than 24 hours. OFFICIAL TRUMP becomes top 30 crypto overnight Donald Trump has announced the token from his official accounts on Truth Social and X, and…

    DeFi platform moves beyond beta, gearing up for its next chapter

    Primex Finance, which provides an advanced DeFi experience to users by offering a mix of trading, lending and leveraged yield farming, is counting down on its token generation event. Decentralized finance (DeFi) has transformed traditional finance (TradFi) with its promise of open, permissionless access. However, it has yet to reach its full potential due to fragmented…

    46% of crypto VC funds went to US startups in Q4, and Trump could boost that

    About half of all venture capital funding in the fourth quarter of 2024 went to cryptocurrency startups headquartered in the United States, and an incoming pro-crypto administration could push that further. Galaxy Digital’s Crypto and Blockchain Venture Capital report, filed on Jan. 15, found that 46% of capital invested went to startups headquartered in the US,…

    EU’s new ‘DORA’ rules come into effect: What does it mean for crypto?

    Cryptocurrency businesses in the European Union are subject to new cybersecurity regulations as the Digital Operational Resilience Act (DORA) takes effect on Jan. 17. DORA impacts cybersecurity and resilience practices by virtual asset service providers (VASP) in the region. To comply with DORA, financial entities in the EU are required to have a comprehensive register of their…

    South Korea reports first crypto ‘pump and dump’ case under new law

    South Korean financial authorities have taken action against alleged unfair cryptocurrency trading practices under the country’s investor protection regime. On Jan. 16, South Korea’s Financial Services Commission (FSC) reported the first case of unfair crypto trading practices under the Virtual Asset User Protection Act, which took effect in July 2024. South Korea’s Virtual Asset Protection Act requires local virtual…

    20% of Gen Z, Alpha sees crypto as retirement alternative: Report

    Cryptocurrency-focused pension funds are attracting increasing attention from younger adults, reflecting a shift in how new generations view digital asset investments. Up to 20% of Gen Z and Alpha are open to receiving pensions in cryptocurrency, according to a Jan. 16 Bitget Research report shared with Cointelegraph. Moreover, 78% of the respondents expressed greater trust…