This week, the Bitcoin price fell to almost $90,000 as selling pressures prevented the flagship crypto from hitting the critically important $100k level. It has decreased by 1.56% over the past week and is currently trading at $97,108.
Bitcoin's dominance in the market is sending strong signals to altcoin investors. Smaller cryptocurrencies like Solana, Ethereum, and Melega (MARCO) might see a surge in December as more investments flow in before January 20.
Bitcoin dominance, which shows Bitcoin's value compared to the total crypto market, has fallen to 56.1%, dipping below its two-year support level. This indicates that the market is now in altseason.
Early 2025 might be an exciting time for the altcoin ecosystem. Follow along to read our top 6 latest news and key developments in the cryptocurrency market!
For transparent and decentralized crypto trading and to list your crypto token for free, visit our website and follow Melega Finance (@meleganews) on X for more on all things cryptocurrency.

TOP CRYPTO NEWS RECAP (November 24 - 30, 2024)
●       Charles Hoskinson Predicts Bitcoin Price Surge
●       Ripple’s RLUSD Stablecoin Set for Approval
●       Bitcoin CME Futures Hit $100K, Spot Price Lags Behind
●       Bitwise Files for 10 Crypto Index Fund ETF with SEC
●       Solana Memecoin Trader Turns $160 into $5.6M
●       Dogecoin Surpasses Porsche Market Cap, Analysts Predict 1,000% Price Surge
Charles Hoskinson Predicts Bitcoin Price Surge
Cardano founder Charles Hoskinson has made a bold prediction for Bitcoin, forecasting its price will rise to between $250,000 and $500,000 within the next 12 to 24 months. He attributes this growth to increased investment and the expansion of decentralized finance (DeFi) within the Bitcoin ecosystem. Hoskinson believes Bitcoin’s role as a store of value on the internet will strengthen, especially with the integration of DeFi through new bridges, such as Cardano’s network. This, he argues, will outpace all other DeFi ecosystems in the cryptocurrency space.
Ripple’s RLUSD Stablecoin Set for Approval
The New York Department of Financial Services (NYDFS) is expected to approve Ripple Labs' RLUSD stablecoin, a dollar-pegged, overcollateralized stablecoin, by December 4. Ripple's plan to launch RLUSD aims to improve cross-border payments and complement its XRP token. Despite initial concerns about XRP's future, Ripple has assured that both products will coexist. Ripple executives predict the stablecoin market could reach a $2 trillion market cap by 2028. The stablecoin is currently being tested on the XRP Ledger and Ethereum, with plans for further expansion.
Bitcoin CME Futures Hit $100K, Spot Price Lags Behind
On Nov. 29, Bitcoin futures on the Chicago Mercantile Exchange (CME) surpassed $100,000 for the second time in a week, reaching $100,200. However, Bitcoin's spot price has yet to match this milestone, peaking at $98,600 before a sell-off. Despite strong trading volumes and a high demand for BTC, consistent selling pressure near the $100,000 level is preventing the spot price from breaking through. Analysts suggest that pushing the price to $99,000 could trigger liquidations, potentially driving Bitcoin above $100,000.
Bitwise Files for 10 Crypto Index Fund ETF with SEC
Bitwise has filed for an exchange-traded fund (ETF) based on its 10 Crypto Index Fund, which includes Bitcoin, Ether, and other major cryptocurrencies. The fund, launched in 2017, is primarily composed of 75.14% Bitcoin and 16.42% Ether. The ETF will offer indirect exposure to these cryptocurrencies, with custody handled by Coinbase and cash assets managed by BNY Mellon. The SEC has acknowledged the application, though no approval deadline has been set. Bitwise also rebranded its European XRP ETF and filed for other crypto-focused ETFs.
Solana Memecoin Trader Turns $160 into $5.6M
A trader on the Solana blockchain turned a $160 investment into $5.6 million by buying the viral "Just a chill guy" (CHILLGUY) memecoin. On November 15, the trader purchased 9.6 million CHILLGUY tokens with 0.50 SOL ($107), followed by a second purchase of 2.8 million tokens for 0.246 SOL ($51). Despite selling some tokens early for $35,000, the trader still holds 9.62 million tokens, now worth about $5.6 million. The memecoin surged after its launch, reaching a market cap of $643 million by November 27.
Dogecoin Surpasses Porsche Market Cap, Analysts Predict 1,000% Price Surge
Dogecoin has surpassed Porsche’s market capitalization, reaching $57.8 billion, thanks to Elon Musk's endorsements and growing interest, including the potential launch of a Dogecoin exchange-traded product (ETP). Over the past month, DOGE has surged 175%, fueled by Musk’s influence, such as his involvement with the Department of Government Efficiency (DOGE). Some analysts now foresee a potential 1,000% price increase for Dogecoin based on emerging technical chart patterns, specifically the Gaussian channel, which suggests a repeat of its past price trajectory.
NEWS FROM MELEGASWAP
Melega Secures a New Marketing Partnership with EOSI Finance
We are thrilled to announce a NEW MARKETING PARTNERSHIP with EOSI FINANCE, an innovative platform that allows users to automate their crypto trading and investing with the best AI-powered technologies.
•••

Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. We at MelegaSwap will always make the best efforts to list high-quality and potential coins, but we will not be responsible for your losses.
#MelegaSwap #CryptoNews🚀🔥V #melegamarco #melega

In the evolving world of blockchain technology, Okirikiri.com introduces a revolutionary concept: a protocol that allows individuals to earn significant returns simply by making donations. This decentralized system combines the power of smart contracts with a transparent wealth redistribution model, paving the way for a fairer economic structure.
How Does Okirikiri Work?
Built on the BNB Smart Chain, Okirikiri leverages the speed and security of blockchain technology to ensure smooth and transparent operations. Here’s how users participate:
 1. Donate $250 to secure a position, or “spot,” within the system.
 2. This spot entitles participants to receive 90% of donations from nine other users, once it’s their turn.
 3. After completing a level, users can either withdraw their earnings or reinvest to progress to higher levels.
The system is designed to provide substantial financial benefits. At the first level, participants can earn around $2,000, significantly exceeding their initial contribution. Over the course of four levels, the potential returns can reach eight times the original investment per level, creating a sustainable and rewarding process.
A System Built on Wealth Redistribution
What sets Okirikiri apart is its focus on equitable wealth redistribution. Unlike traditional systems with rigid hierarchies, this circular economy model ensures that resources flow continuously and fairly among all participants.
Key features of the redistribution mechanism include:
 • Algorithm-driven fairness: Wealth is distributed through a transparent, mathematical process that eliminates bias.
 • Flexibility and exit options: Participants can withdraw their funds or choose to reinvest at the end of each level, maintaining full control over their involvement.
 • No fixed hierarchy: The system is entirely decentralized, giving equal opportunities to all users regardless of their position.
By fostering the circulation of resources, Okirikiri provides a practical approach to reducing economic inequalities and addressing poverty.
A Legitimate and Transparent Protocol
Okirikiri is neither a network marketing scheme nor a Ponzi system. It operates on principles of decentralization, transparency, and sustainability, ensuring that every aspect of the protocol is governed by automated smart contracts.
The system’s legitimacy is reinforced by:
 • Blockchain automation: Transactions are managed through immutable smart contracts, guaranteeing security and accuracy.
 • Non-hierarchical structure: The absence of a centralized authority ensures that the system is fair and adaptable.
 • Mathematical sustainability: The protocol is designed to maintain balance and fairness, making it a robust and reliable economic model.
A Scalable Solution for Social Impact
Okirikiri has the potential to address global poverty by creating a system that redistributes wealth efficiently and sustainably. The scalability of the BNB Smart Chain ensures that the protocol can handle mass adoption while maintaining its speed and reliability.
If widely implemented, Okirikiri could become a powerful tool for building an inclusive financial system, where wealth is shared equitably, and economic disparities are reduced.
A New Vision for the Future
Okirikiri.com exemplifies how blockchain technology can combine financial opportunity with social impact. By turning donations into a source of income, the protocol introduces a new way to achieve both individual and collective prosperity.
As with any financial system, it is important for participants to understand the protocol, evaluate potential risks, and make informed decisions. However, with its emphasis on transparency, decentralization, and fairness, Okirikiri offers a glimpse into how technology can reshape the global economy for the better.
#MelegaSwap #okirikiri #okirikiriprotocol #melega

In an era defined by technological advancements and financial innovation, the proprietary firm trading industry (prop firm) is yet to undergo a fundamental transformation. At the forefront of leading this revolution is EOSI Finance, an AI-powered decentralized prop firm designed to democratize opportunities, foster transparency, and empower prop firm traders globally. Built with a mission to disrupt the traditional prop firm industry, EOSI Finance is a game-changer, promising to set new standards for accessibility, fairness, and scalability.
What is EOSI Finance Building?
EOSI Finance is creating the first ever decentralized ecosystem that combines the power of artificial intelligence, blockchain technology, and the prop firm model to redefine prop firm trading and investing. By leveraging decentralization and cutting-edge AI technology, EOSI Finance eliminates the bottlenecks of traditional prop firms, including restrictive policies, lack of transparency, and exclusivity, while offering an ecosystem designed to foster financial independence for its users.
Key Components of the EOSI Finance Ecosystem:
1. AI-Powered Trading Infrastructure:
At the core of EOSI Finance lies a sophisticated AI-driven infrastructure that optimizes trade management, risk assessment, and profitability. The AI continuously analyzes market trends, providing traders with actionable insights and automation tools that enhance performance.
2. Decentralized Ownership:
By operating on blockchain technology, EOSI Finance ensures a transparent and decentralized environment where users can trade and invest with full ownership and control over their funds. Decentralized smart contracts power the ecosystem, ensuring that every transaction is secure, tamper-proof, and transparent.
3. Global Access and Inclusion:
Traditional prop firms often exclude traders due to geographical restrictions, high capital requirements, or inaccessible technology. EOSI Finance is built to be inclusive, allowing users from all walks of life to access the tools and opportunities they need to thrive.
4. AI-Driven Prop Firm Model:
The decentralized prop firm structure allows traders to scale their capital with unparalleled ease, guided by EOSI Finance's AI engine. The model rewards talent and effort, offering fair evaluation processes and growth opportunities that are free from human biases.
5. Community-Driven Governance:
EOSI Finance prioritizes its community. Using a decentralized governance model, users have the power to vote on platform upgrades, policies, and future directions, ensuring that the ecosystem evolves to meet their needs.
The Advantages of an AI-Powered Decentralized Prop Firm
EOSI Finance is not just improving on traditional prop firms—it’s building the future of trading. Here's why this model stands out:
1. Accessibility and Inclusivity:
Traditional prop firms require steep upfront fees, complex evaluations, and restrictive rules. EOSI Finance's decentralized model removes these barriers, allowing anyone with trading talent to participate. The platform ensures that capital is distributed based on merit and performance, not privilege.
2. Transparency and Fairness:
Prop firm participants often struggle with opaque terms, delayed payouts, or unclear profit-sharing structures. With blockchain technology at its core, EOSI Finance provides complete transparency, ensuring users can track every transaction and decision.
3. AI-Augmented Decision Making:
The AI at EOSI Finance doesn’t just analyze data—it enhances decision-making by providing traders with real-time insights, optimizing their strategies, and managing risks effectively. This integration of AI minimizes human error and allows traders to focus on maximizing their potential.
4. Decentralized Capital Management:
Unlike traditional prop firms, EOSI Finance doesn’t depend on centralized intermediaries. Traders access funding through decentralized protocols, creating a trustless system that removes the need for third-party approvals.
5. Future-Proof Trading Environment:
With EOSI Finance, traders are prepared for the evolving financial landscape. The AI continuously adapts to market conditions, while the blockchain foundation ensures scalability, security, and innovation for years to come.
6. Community Empowerment:
EOSI Finance enables its community to actively shape the platform through governance tokens. This democratic approach allows the platform to adapt based on the needs and desires of its users.
Why AI-Powered Decentralized Prop Firms are the Future
The traditional prop firm industry is rife with inefficiencies, centralized control, and restrictions that limit its potential. Decentralized AI-powered models, such as EOSI Finance, are poised to disrupt this industry by solving these pain points. Here's why they are the future:
1. Unbiased Evaluations:
AI removes the human bias often associated with traditional evaluations. This ensures that traders are assessed solely based on their skills and performance.
2. Scalability:
Decentralized systems are inherently scalable, allowing prop firms like EOSI Finance to support traders globally without the overhead of physical infrastructure.
3. Cost-Effectiveness:
Blockchain technology reduces the need for intermediaries, cutting costs for traders and enabling higher payouts and profit-sharing.
4. Trustless Environment:
Trust issues have plagued traditional firms for decades. Decentralized systems ensure that trust is no longer required—every process is transparent, automated, and verifiable on the blockchain.
5. Adaptability:
The financial markets are evolving rapidly. With AI-driven insights and decentralized frameworks, platforms like EOSI Finance can adapt to these changes far more quickly than their traditional counterparts.
How You Can Support the EOSI Finance Revolution
EOSI Finance is more than just a platform—it’s a movement to empower traders, disrupt the outdated prop firm industry, and democratize wealth creation. Supporting this revolution means becoming part of an ecosystem that prioritizes transparency, innovation, and inclusion.
To learn more about how you can become an investor in the EOSI Finance ecosystem and the $EOSIF token, visit the official website of EOSI Finance https://eosifinance.org 
Eligible investors can also join through the presale on their website or on the Gempad Launchpad platform.
Join the Financial Revolution
EOSI Finance is laying the foundation for a future where prop firm trading is accessible, fair, and innovative. Whether you’re a trader, investor, or simply someone who believes in the power of decentralized technology, now is the time to support a platform that is reshaping the Proprietary Firm industry.
Take the leap into the future of prop firm trading and investing. Join EOSI Finance and be a part of the revolution.
#MelegaSwap #EOSIFinance #EOSIF #melega

Official Links:
Website: https://eosifinance.org 
Telegram: https://t.me/eosifinance_ai or @eosifinance_ai
Twitter (X): https://x.com/Eosifinance_ai

Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. We at MelegaSwap will always make the best efforts to list high-quality and potential coins, but we will not be responsible for your losses.

In the world of blockchain innovation, Okirikiri.com introduces a groundbreaking decentralized circular economy model. This unique system enables users to achieve substantial financial returns simply by making a donation, leveraging the power of smart contracts and blockchain technology for fairness and transparency.
How Okirikiri.com Works
The Okirikiri protocol operates on the #BNBSmarthChain , a fast and efficient blockchain, ensuring secure and seamless transactions. Here’s how it works:
 1. Participants join by making an initial $250 donation (in USDT BEP-20).
 2. This contribution grants them a position within the system, or “spot.”
 3. As the protocol progresses, they become eligible to receive 90% of the donations from nine subsequent participants.
 4. Upon completing a level, users can withdraw their earnings or advance to the next stage.
The system is designed to offer significant returns at each level. For example, at the first level, participants can potentially earn around $2,000, far exceeding their initial contribution. Over four levels, users have the opportunity to achieve returns up to eight times their initial investment, making the process both sustainable and rewarding.
Wealth Redistribution at the Core
Okirikiri’s innovative approach stands out for its ability to address poverty through a system of equitable wealth redistribution. Unlike traditional hierarchical models, this protocol eliminates fixed structures, allowing every participant to benefit equally.
The circular economy model ensures that:
 • Resources are redistributed mathematically and algorithmically, avoiding bias or manipulation.
 • Participants can exit the system at the end of each level, ensuring flexibility and autonomy.
 • All transactions are transparent and decentralized, fostering trust and inclusivity.
By creating a fair and self-sustaining financial ecosystem, Okirikiri aligns with the principles of decentralization, ensuring that wealth flows continuously among participants.
Legitimacy and Transparency
Okirikiri is designed as a legitimate and secure protocol. Unlike schemes such as network marketing or Ponzi models, it operates on principles of transparency, fairness, and decentralization.
Key factors that affirm its legitimacy include:
 • Smart contract governance: The entire system runs on immutable smart contracts within the BNB Smart Chain.
 • No fixed hierarchies: The protocol’s structure is dynamic and ensures equal opportunities for all participants.
 • Guaranteed flexibility: At the end of each level, participants can choose to exit or reinvest, offering full control over their involvement.
A Solution for Poverty and Economic Inequality
The Okirikiri protocol has the potential to reshape financial ecosystems by addressing issues of poverty and economic disparity. Its model, based on sustainable wealth redistribution, provides a blueprint for a more inclusive economy.
By leveraging the speed and scalability of the BNB Smart Chain, Okirikiri can handle mass adoption without compromising efficiency. This scalability ensures that the system remains functional and impactful even with widespread participation.
A Vision for the Future
Okirikiri.com represents a new paradigm in blockchain-driven financial innovation. By combining charitable giving with financial growth opportunities, it demonstrates how technology can foster a more equitable society.
While the potential of the protocol is significant, it is important for participants to understand the system’s mechanics, evaluate risks, and make informed decisions. With its focus on transparency, decentralization, and wealth redistribution, Okirikiri offers a glimpse into how blockchain can revolutionize economic systems, balancing technology with social impact.
#okirikiri #okirikiriprotocol #MelegaSwap #melega

Did you know the two pizzas Laszlo Hanyecz ordered for 10,000 Bitcoins in 2010 would be worth over $981 million today?
This week, Bitcoin hit an impressive all-time high of $99,655.50, just shy of the $100K milestone. Georgii Verbitskii, founder of the TYMIO decentralized finance platform, predicts that Bitcoin could surge to $180,000 by the end of 2025!
At the same time, analysts are watching Ether closely, anticipating a potential peak of $20,000 as momentum builds in the first half of 2025.
It’s an exciting time for Bitcoin and the entire crypto community. Keep reading to study the latest news and key developments shaping cryptocurrency!
For transparent and decentralized crypto trading and to list your crypto token for free, visit our website and follow Melega Finance (@meleganews) on X for more on all things cryptocurrency.
TOP CRYPTO NEWS RECAP (November 17 - 23, 2024)
●       Solana Surges to New All-Time High
●       SEC Chair Gary Gensler to Step Down in 2025
●       CFTC Commissioner Calls for Structured Crypto Regulations
●       FTX Co-Founder Gary Wang Sentenced to Time Served
●       BlackRock Bitcoin ETF Options Trade $1.9B on First Day
●       MicroStrategy Raises $3B Through Convertible Senior Notes Offering
Solana Surges to New All-Time High
On November 22, Solana (SOL) prices hit an all-time high of $264.31, a level not seen since three years ago. The surge marks a remarkable recovery after the 2022 collapse of FTX, which had driven prices below $10. SOL has risen 160% this year, fueled by new filings for Solana-based exchange-traded funds and growing decentralized finance (DeFi) activity. Analysts are optimistic, with price targets reaching as high as $400. The broader crypto market also benefited from expectations of friendlier regulation under President-elect Trump.
SEC Chair Gary Gensler to Step Down in 2025
Gary Gensler, the SEC Chair known for his tough stance on cryptocurrency regulation, will depart from the agency on January 20, 2025, coinciding with President-elect Donald Trump's inauguration. Gensler, who led over 100 regulatory actions against crypto firms since 2021, had previously faced criticism from Trump, who vowed to replace him with a more crypto-friendly chair. Trump, aiming to position the U.S. as the "crypto capital of the world," may also appoint Summer Mersinger to head the CFTC as part of his push for pro-crypto policies.
CFTC Commissioner Calls for Structured Crypto Regulations
At the North American Blockchain Summit on November 21, CFTC Commissioner Summer Mersinger stressed the need for clear U.S. crypto regulations. She criticized the current “regulation by enforcement” approach, urging formal laws to prevent confusion and provide clear guidance to the industry. Mersinger highlighted challenges crypto entities face, such as decentralized finance, which are often charged without proper registration. She advocated engaging with the new U.S. administration early to push for necessary regulatory reforms, ensuring fair and consistent treatment for the crypto sector.
FTX Co-Founder Gary Wang Sentenced to Time Served
On November 20, 2024, FTX co-founder Gary Wang was sentenced to time served, plus three years of probation and forfeiture of illicitly gained assets, marking the final sentencing in the 2022 FTX collapse case. Wang had pleaded guilty to fraud charges alongside Caroline Ellison, the former CEO of Alameda Research. Judge Lewis Kaplan cited Wang's cooperation with authorities as a key factor in the lenient sentence. Wang expressed remorse, pledging to spend his life making amends. The case now moves forward with appeals from Sam Bankman-Fried's legal team.
BlackRock Bitcoin ETF Options Trade $1.9B on First Day
On November 20, BlackRock’s spot Bitcoin ETF options saw an unprecedented $1.9 billion in trades on its debut, setting a new record for a first-day launch. The options, which give investors the right to trade shares of the iShares Bitcoin Trust ETF (IBIT), contributed to Bitcoin's price surge to a new all-time high of over $94,000. Bloomberg analysts noted that this volume was remarkable compared to the $363 million from the first Bitcoin ETF, ProShares BITO. The bullish activity in IBIT options signals strong market confidence in Bitcoin’s price growth.
MicroStrategy Raises $3B Through Convertible Senior Notes Offering
MicroStrategy completed a $3 billion offering of 0% convertible senior notes due 2029 on November 21, 2024. The notes, sold in a private offering to institutional buyers, have an initial conversion price of $672.40 per share, representing a 55% premium over the stock’s recent price. The company plans to use the net proceeds, approximately $2.97 billion, to acquire additional Bitcoin and for general corporate purposes. This move underscores MicroStrategy's continued focus on Bitcoin as its primary treasury asset.
NEWS FROM MELEGASWAP
Big Coin (BCX) Farm & Pool Listed on MelegaSwap
BCX is poised to revolutionize digital transactions and is designed to deliver substantial returns to its investors. BCX is a premier investment in digital assets today, ensuring a smooth and grand journey towards secured transactions. Big Coin (BCX) token holders will receive significant rewards for their loyalty. The longer you hold the BCX token, the more you gain.
•••
Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. We at MelegaSwap will always make the best efforts to list high-quality and potential coins, but we will not be responsible for your losses.
#MelegaSwap #melegamarco #melega #bitcoin☀️ #solonapumping

This week was a mixed bag for the crypto world. On the bright side, the price of Ethereum-based memecoin Pepe reached new heights, and Ethereum itself saw a significant jump following the long-awaited approval of spot Ether ETFs in the US.
However, the crypto community mourned the loss of Kabosu, the Shiba Inu dog who became an internet sensation as the face of the "Doge" meme and inspired the Dogecoin memecoin. Kabosu passed away peacefully at an estimated age of 18.
Despite the somber news, the overall crypto market experienced a positive swing, with Bitcoin surpassing $71,000. We'll dive deeper into six intriguing developments you might have missed this week.
For transparent and decentralized crypto trading and to list your crypto token for free, don’t forget to visit our website and follow Melega Finance (@melegaexchange) on Twitter for more on all things cryptocurrency.
TOP CRYPTO NEWS RECAP (May 19–May 25, 2024)
●      SEC Approves Spot Ether ETFs, Paving Way for Broader Crypto Adoption
●      Vitalik Buterin Proposes Solutions for Ethereum’s MEV Problem
●      Trump Campaign to Accept Cryptocurrency Donations
●      US House Passes FIT21 Crypto Bill with Bipartisan Support
●      Uniswap Vows to Fight SEC Wells Notice, Supports Pro-Crypto Legislation
●      Gala Games CEO Cites Internal Control Failures for $23M Token Exploit
SEC Approves Spot Ether ETFs, Paving Way for Broader Crypto Adoption
The U.S. Securities and Exchange Commission (SEC) has approved multiple spot Ether ETFs, marking a significant milestone in cryptocurrency regulation. Unlike spot Bitcoin ETFs, which required a vote from the SEC's five-member committee, spot Ether ETFs were approved by the Trading and Markets Division.
Major firms, including VanEck, BlackRock, and Fidelity, received the green light for their ETF proposals. Despite this approval, these ETFs must still have their S-1 registration statements signed off by the SEC before trading can commence. This decision follows recent legislative moves aimed at clarifying crypto regulations.
Vitalik Buterin Proposes Solutions for Ethereum’s MEV Problem
On May 17, Ethereum co-founder Vitalik Buterin proposed several solutions to tackle ‌miner-extracted value (MEV), where block producers manipulate transaction orders for profit, causing network congestion and high gas fees.
Buterin suggested a combination of MEV quarantining, MEV minimization, inclusion lists, and lowering node requirements. MEV minimization aims to limit information accessible to MEV developers, while quarantining separates transaction validation from block content selection. Inclusion lists ensure all transactions are included in blocks. These measures aim to preserve Ethereum's decentralization and trust.
Trump Campaign to Accept Cryptocurrency Donations
Former President Donald Trump announced that his 2024 presidential campaign will accept cryptocurrency donations. His campaign launched a fundraising page on May 21, allowing contributions through Coinbase Commerce in various cryptocurrencies, including Bitcoin, Ether, and Dogecoin.
This move comes as Trump remains the presumptive Republican nominee and prepares for potential debates with President Joe Biden, the likely Democratic nominee. Despite this crypto-friendly fundraising approach, Trump’s campaign platform does not explicitly address digital assets or blockchain technology.
US House Passes FIT21 Crypto Bill with Bipartisan Support
The U.S. House of Representatives approved the Financial Innovation and Technology for the 21st Century (FIT21) Act to provide regulatory clarity over digital assets. The bill passed with a 279 to 136 vote and received support from 71 Democrats and 208 Republicans. If enacted, it would define the roles of the SEC and CFTC in regulating digital assets.
While proponents argue it promotes innovation, opponents, including Representative Maxine Waters, warn it could lead to deregulation and potential financial instability. The Senate will now consider the bill.
Uniswap Vows to Fight SEC Wells Notice, Supports Pro-Crypto Legislation
Uniswap Labs, the developer behind the Uniswap decentralized exchange, has vowed to contest a Wells notice issued by the SEC, which suggests potential enforcement action. Uniswap criticized the SEC's legal stance as "weak" and expressed readiness to defend itself in court.
The firm highlighted its legal team's success in previous cases against the SEC. Uniswap also backed the Financial Innovation and Technology for the 21st Century Act, a bill that could shift crypto regulation from the SEC to the CFTC, potentially nullifying the SEC's case.
Gala Games CEO Cites Internal Control Failures for $23M Token Exploit.
Gala Games CEO Eric Schiermeyer confirmed a security breach that led to the unauthorized sale of 600 million GALA tokens worth $23 million. Schiermeyer blamed "messed up" internal controls for the incident. The breach also involved the effective burn of 4.4 billion tokens. Despite the compromise, Gala's Ethereum contract remained secure.
The company collaborates with the FBI and other authorities to investigate the incident. The security breach caused a significant drop in GALA's value, which has since partially recovered. However, the attacker returned $22 million in Ether after a few days of the incident.
NEWS FROM MELEGASWAP
Melega (Marco) Burn Event Completed
We are excited to announce that we have successfully completed the BURN EVENT for 10 million $MARCO tokens on the BNB Chain, which is approximately worth $500,000. This event is part of an important development underway on the MelegaSwap Platform, expanding to multiple chains. The $MARCO token will be launched in the next few days on the BASE chain. Here’s the transaction hash.
MARCO Presale Started on Base Chain
We are excited to announce the PRESALE of $MARCO on BASE CHAIN, which started on May 23, 2024, on GemPad. MELEGA (MARCO) is the flagship utility token of MelegaSwap, the rapidly growing black AMM DEX on the BNB Smart Chain that is now expanding on the BASE Chain. The soft cap was smashed and doubled in seconds.
PLUNZ (PLZ) Farm & Pool Listed on MelegaSwap
Introducing PLUNZ, the meme token with a twist! Fronted by a quirky blue sewer rat with braces, PLUNZ offers a unique staking model rewarding holders with USDT. Perfectly balanced tokenomics and a total community-driven approach ensure engaging and lucrative participation.
BOOTYCOIN (BUTT) Farm & Pool Listed on MelegaSwap
BOOTYCOIN is a simple, hyper-deflationary, and low-tax reflection token.  The contract is renounced with a locked LP until the year 2100.
BabyFox (BABYFOX) Farm & Pool Listed on MelegaSwap
BABYFOX is a memecoin dedicated to its community; our objective is to put the community at the heart of the project at the center of power and decisions, all this in total transparency with these investors. Utility NFTs, which will give the right to make decisions + an annual return, will be released at the beginning of June, a multichain swap (fox swap) auto burn at the end of June, and later in the coming months, we will work on a play to earn, a staking platform and a metaverse. our goal beyond crypto is to take the BABYFOX brand beyond the world of cryptocurrency
•••
Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. We at MelegaSwap will always make the best efforts to list high-quality and potential coins, but we will not be responsible for your losses.
#MelegaSwap #ETHETFsApproved #melegamarco #melega #TrumpCryptoSupport