Two individuals from California, Gabriel Hay and Gavin Mayo, have been accused of orchestrating a series of NFT rug pulls that resulted in over $22 million being taken from buyers. The U.S. Department of Justice revealed that this case is the largest NFT scheme they have prosecuted. Hay and Mayo are facing charges including wire fraud and conspiracy. They allegedly deceived investors for three years by promoting NFT projects with false claims and misleading roadmaps. The duo attracted victims wi

Ripple (XRP) has experienced a significant surge, rising by over 20% in the past week following positive legal developments with the SEC. Despite this growth, XRP is still far from its peak in 2018. In contrast, Solaxy ($SOLX), a lesser-known player, is quietly gaining traction in the presale market. This decentralized solar energy platform is attracting attention for its unique blend of hype and practicality. While XRP's resurgence showcases the potential for established cryptocurrencies to mak

Solana's total value locked (TVL) has dropped to its lowest level this month, reflecting reduced activity on the Layer-1 network. Over $1 billion has been withdrawn from Solana's DeFi ecosystem since the month began, leading to a significant decline in TVL. The decrease in daily active addresses on the network suggests a shrinking user base and less on-chain activity. Currently, Solana's TVL stands at $8.01 billion, down by 12% since December 1, with $1.1 billion leaving the ecosystem. The leadi

Nvidia has introduced the Jetson Orin Nano Super, a budget-friendly AI computer that offers increased processing power at a lower cost. Priced at $249, the compact device boasts a 70% performance boost, delivering 67 trillion operations per second for AI tasks. Equipped with Nvidia's Ampere architecture GPU and a 6-core ARM processor, the Jetson Orin Nano Super is capable of running multiple AI applications simultaneously. The device also features improved memory bandwidth, enabling it to handle

Ethereum is showing signs of recovery in the market, gaining momentum towards the critical $3,659 resistance level after a period of consolidation. The recent surge reflects growing optimism and confidence in Ethereum's potential for further gains. Buyers are actively driving the price higher, with a rebound near the $3,051 support zone marking a significant turning point. Despite trading below the 100-day SMA, Ethereum's rebound suggests increasing bullish pressure. The RSI also indicates a pos

Cardano (ADA) is currently consolidating below $1.00 as Mo Shaikh steps down from Aptos (APT) CEO position. DTX Exchange (DTX) disrupts the crypto market with a $10.44 million presale success at $0.12 per token. ADA faced resistance at $1.120, dropping below $1.10 and $1.050 before finding support at $0.9151. ADA is stabilizing above $0.940, surpassing the 23.6% Fibonacci retracement level. Aptos (APT) co-founder Shaikh resigned, passing CEO role to Ching. DTX Exchange's presale gains rank it as

BTT, the native token of BitTorrent, has surged by 4% in the last 24 hours, making it the top gainer in the market. Despite this increase, indicators suggest a potential correction in the near future. The current price of BTT is $0.00000111 with a growing trading volume. However, the Aroon Up Line is at 0%, indicating a lack of strong bullish momentum. The MACD line is also below the signal line, signaling a bearish trend. If selling pressure intensifies, BTT could test support at $0.00000093 an

According to a recent report by CryptoQuant, Binance currently has the best leverage ratio among centralized exchanges as the crypto market gears up for a bull run. Despite recent price fluctuations, investors anticipate significant gains for digital assets in the coming year. The leverage ratio of exchanges is crucial during bullish periods, as it indicates the trading activity relative to reserves, impacting liquidity. Monitoring leverage ratios is essential for assessing exchange stability, e

The upcoming memecoin bull run is anticipated to bring significant growth opportunities for investors. DexBoss ($DEBO) and Aureal One (DLUME) are projected to gain popularity by 2025. This article highlights five promising coins, including yPredict (YPRED), Shiba Inu (SHIB), and Dogecoin (DOGE), with the potential for high returns. DexBoss stands out for its innovative approach to decentralized finance, offering a dynamic ecosystem with features like staking and liquidity farming. On the other h

ION Mining is at the forefront of the growing demand for decentralized digital currencies, offering reliable and transparent services to both seasoned investors and newcomers. With a $15 million investment in its Christmas Member Welfare Carnival, ION Mining aims to reward users with exclusive benefits and boost their earning potential. The festive initiative introduces Christmas contracts that provide unique rewards and maximum computing power for enhanced cloud mining experiences. By offering

Trust Wallet, founded in 2017 by Viktor Radchenko, is an open-source mobile wallet known for its security and support for various cryptocurrencies and dApps. Acquired by Binance in 2018, it offers a non-custodial solution for storing digital assets and accessing DeFi platforms. Trust Wallet's community-driven approach and regular updates ensure user trust and transparency. With features like multi-signature support and integration with hardware wallets, it prioritizes user security. The wallet's

A cryptocurrency wallet is a digital tool that enables users to store, manage, and interact with their digital assets. Unlike traditional wallets that hold physical currency, crypto wallets store public and private keys essential for controlling blockchain assets. These keys authorize transactions and secure digital funds. Every cryptocurrency wallet consists of two main keys: the public key, similar to an email address for receiving funds, and the private key, comparable to a password for autho

Stacks (STX), a blockchain platform aiming to introduce smart contracts and decentralized applications to Bitcoin, has encountered a tough week as its native token, STX, saw a notable price decrease. Despite this, a new contender in the crypto realm, iDEGEN, has emerged as an enticing prospect for traders. While STX shows signs of potential recovery, iDEGEN's novel approach is gaining attention as a promising player in the market. STX is currently trading in a bullish channel, having faced a 20%

Jump Crypto's subsidiary, Tai Mo Shan, has reached a $123 million settlement with the SEC for misleading investors about the TerraUSD stablecoin. Tai Mo Shan, a key player in Terra's ecosystem, was involved in deceptive practices during the UST depegging crisis. The SEC accused the firm of falsely stabilizing UST and acting as a statutory underwriter for Terra Luna token. This led to significant investor losses and market disruption. The settlement includes a payment of $123 million and a cease-

AI security was once thought to rely on complex defenses and neural architectures. However, Anthropic's research reveals how even advanced AI models can be manipulated by simple tricks. By using variations of forbidden queries that convey the same meaning in different ways, the AI's safety filters can be bypassed. This technique, known as 'Best-of-N (BoN) jailbreak,' exploits the AI's semantic understanding to confuse its safety protocols. Surprisingly, state-of-the-art AI models like GPT-4o and

Stablecoin issuer Tether has announced a $775 million investment in Rumble, a video platform competing with YouTube. Described as an anti-censorship platform, Rumble will receive $250 million initially in cash. Tether will acquire 103.3 million shares of Rumble common stock, with CEO Chris Pavolski retaining control. The investment, priced at $7.50 per share, is set to finalize in early 2025. Following the news, Rumble's stock surged by 40.75% in after-hours trading, reaching $10.57. Launched in

In the realm of digital currencies, the quest for the best long-term investment options is ongoing. While Bitcoin and Ethereum dominate headlines, Qubetics ($TICS) emerges as a game-changer with its innovative presale approach and development tools. Qubetics offers a unique development ecosystem that aims to transform blockchain creation. The user-friendly QubeQode IDE simplifies blockchain project development by allowing drag-and-drop integration of key elements. Qubetics' transparency and comm

Plume Network, a full-stack layer 1 blockchain and provider of real-world assets investing (RWIA), has teamed up with Google Cloud and AI firm CloudMile to transform the onboarding process of RWAs. The partnership, announced on December 20th, aims to revolutionize the RWA ecosystem through the use of artificial intelligence and cutting-edge cloud technologies. By leveraging AI capabilities on Google Cloud infrastructure, Plume seeks to streamline the appraisal and onboarding of real-world assets

Ripple has pledged $5 million worth of XRP to support the inauguration celebrations for President-elect Donald Trump and Vice President-elect J.D. Vance in January. Other crypto firms, such as Coinbase, Kraken, and Ondo Finance, have also made significant donations to the inauguration fund. Coinbase and Kraken each contributed $1 million to the Trump-Vance Inaugural Committee, while Ondo Finance donated $1 million as well. The donations come with perks, including exclusive event tickets over the

Marathon Digital Holdings is changing the narrative on Bitcoin mining by using excess heat to heat 80,000 homes in Finland. The company's innovative approach merges technology and environmental responsibility. Starting with a pilot project in June, Marathon now provides heating to 67,000 more residents in addition to the initial 11,000. By utilizing district heating technology, the company efficiently channels heat generated from mining to warm homes. Marathon, valued at $7 billion, is a key pla