Crypto Phishing Scams Stole $5.2 Million From Over 7000 Users in April

Phishing scams in the crypto sector are becoming more advanced, with attackers stealing more than $5.2 million from unsuspecting users in April 2025.

According to data from blockchain security firm Scam Sniffer, the losses mark a 17% drop from March’s $6.37 million. However, the number of victims surged by 26%, with 7,565 individuals falling prey to fraudulent schemes last month.

Crypto Phishing Victims Rise Amid Evolving Attack Methods

Scam Sniffer reported that the most damaging incident in April involved a phishing signature scheme, which led to a $1.4 million loss.

In this case, the victim unknowingly approved several fraudulent requests, enabling the attacker to drain their wallet. These scams typically trick users into signing digital approvals that authorize token transfers without their knowledge.

Crypto Phishing Scams in April.
Crypto Phishing Scams in April. Source: Scam Sniffer

Another notable case involved an address spoofing technique known as address poisoning. An unsuspecting user lost $700,000 after sending funds to a fake wallet address that closely resembled one they had interacted with previously.

Meanwhile, threat actors are evolving tactics beyond traditional phishing websites and are now social engineering their victims across messaging platforms.

Yu Xian, founder of blockchain security firm SlowMist, warned that attackers now target users through Telegram. They use AI-generated voice messages and personalized chats to deceive victims.

In one reported case, Xian noted that a compromised Telegram account was used to send voice clips that imitated a victim’s trusted contacts. The voice messages, likely produced with AI tools, were built from earlier voice logs to mimic tone and speech patterns.

“Don’t trust just one source. When it involves money, always establish another reliable source for verification,” Xian stated.

These developments mirror an earlier case in which an elderly US citizen lost 3,520 BTC, worth over $330 million, to a sophisticated social engineering scam.

Blockchain investigators, including ZachXBT and Binance’s security team, have managed to freeze around $7 million linked to the theft.

CertiK, another blockchain security provider, reported that the Bitcoin theft contributed significantly to the industry’s total losses in April.

According to the firm, the emerging industry lost $364 million to hacks, scams, and exploits during the reporting period. Around $18.2 million of these stolen funds have since been recovered.

These developments underscore the growing sophistication of crypto scams. They also highlight the urgent need for improved user education, wallet security, and anti-phishing tools within the industry.

The post Crypto Phishing Scams Stole $5.2 Million From Over 7000 Users in April appeared first on BeInCrypto.

TRUMP Meme Coin Falls 16% As Short Sellers Remain Highly Active

OFFICIAL TRUMP has seen notable volatility in recent days. The meme coin failed to breach its resistance level at $16 despite a brief bullish momentum last week.

Since then, TRUMP has faced consistent downward pressure, with its most significant 24-hour drop occurring today. At the time of writing, the altcoin is trading at $11.08 — down 16% over the weekend.

TRUMP Traders Make The Most Of The Drop

Traders had anticipated a potential decline this week. The funding rate for OFFICIAL TRUMP was deeply negative — the most bearish it’s been in the past three weeks. This pattern shows that short sellers were highly active, positioning themselves to benefit from the token’s fall.

These traders likely capitalized on the downturn. However, if the price recovers, holding short positions may lead to rapid losses. This creates a possibility for a shift in strategy, with traders now seeking to reduce risk, potentially driving a rebound in TRUMP’s price.

TRUMP Funding R
TRUMP Funding Rate. Source: Coinglass

Despite today’s steep drop, macro indicators reveal an optimistic outlook among investors. The Chaikin Money Flow (CMF) remains positive, indicating continued capital inflow into the asset. This bullish signal highlights that buyers still dominate despite the recent market weakness.

The CMF’s strength suggests that the broader market sentiment is not entirely bearish. As long as TRUMP’S CMF holds above zero, investors will likely retain faith in the altcoin’s long-term trajectory. This support from long-term holders may counteract the short-term pressure from speculators.

TRUMP CMF
TRUMP CMF. Source: TradingView.

TRUMP Price Is Safe

OFFICIAL TRUMP is currently trading at $11.08 following a sharp 24-hour decline of 16%. This downturn was triggered when the meme coin failed to break above the crucial $16.00 resistance. The failed attempt led to increased selling pressure, driving the asset downward.

However, TRUMP is still holding above the critical $10.29 support level. This area serves as the final line of defense before a potential slip below $10.00. If investors continue to back the asset, a recovery could follow.

Reclaiming $12.18 as support would signal renewed strength and encourage further accumulation.

TRUMP Price Analysis.
TRUMP Price Analysis. Source: TradingView.

That said, heightened bearish sentiment in the broader crypto market could shake investor confidence. Panic selling under these conditions may push the price below $10.29. In such a scenario, OFFICIAL TRUMP could tumble to $9.11, weakening the bullish thesis and extending the decline.

The post TRUMP Meme Coin Falls 16% As Short Sellers Remain Highly Active appeared first on BeInCrypto.

Ethereum Price Recovery Soon? Key Factors Point To ETH Bull Rally Ahead

Ethereum Price Recovery Soon? Key Factors Point To ETH Bull Rally Ahead

Ethereum price is poised to reclaim its previous highs in a rally that could see ETH surpass $2,000 in the short term. The optimism is fuelled by a raft of factors, including ETH’s historically strong performance in May and an avalanche of institutions flooding the network.

Ethereum Price Set To Stage Recovery In May

While the chatter about Ethereum’s decline has reached a fervent pitch, optimism is growing for a near-term rally for ETH. Pseudonymous cryptocurrency analyst Cyclop, in an X post, opined that the network’s historically strong showing in May is a key piece of the puzzle.

Ethereum price has gained an average of 27.36% at the end of May since 2o16, famously spiking by 70.29% in 2017. Last year, ETH wrapped up the month of May with a 24.65% increase, stoking optimism for another strong performance in 2025.

ETH strong monthly performance in May

Cyclop is predicting an ETH rally to 2,500 by the end of May, riding on seasonal strength. According to a chart shared by the pseudonymous TraderPA, ETH has closed its most bullish monthly candle in 2025.

“The last time we closed with a hammer candle, the price surged by 60% afterward,” said TraderPA.

ETH closes monthly bullish candle

However, investors have to keep their eyes on prevailing fundamentals like UK regulators moving to ban the DeFi loan market.

Institutional Investors Are Backing Ethereum Despite Price Performance

A raft of institutional behemoths is turning to the network in their pivot to blockchain solutions. China’s Alibaba is rolling out an Ethereum layer 2 solution, joining Germany-based Deutsche Bank on a similar path.

Financial giants BlackRock and Fidelity are tokenizing assets on Ethereum, while Visa and Mastercard have tapped Ethereum for their Web 3 solutions. Sam Altman’s World Project is pitching tents, with the network with Coinbase’s Base, racking impressive numbers as an L2 and graduating to Stage 1 EVM rollup.

Trump’s WLFI holds 94% of its cryptocurrency holdings on Ethereum, while Circle is opting to house a significant amount of its stablecoin in Ethereum. A combination of heavy institutional backing will prop Ethereum price for a rally in the short term.

A Massive Rebrand For Ethereum Is Underway

Aware of the barrage of criticism over falling metrics and bland price performance, developers are keen on a network upgrade. Dankrad Feist has warned that Ethereum is in danger if it fails to scale its gas limit by 100X over five years.

On the flipside, Vitalik Buterin is mooting a proposal to revamp Ethereum akin to Bitcoin’s simplicity in a move that may positively impact the ETH price. Charles Hoskinson has predicted that the network will crash in 15 years, citing layer 2 cannibalization and its outdated technology.

The post Ethereum Price Recovery Soon? Key Factors Point To ETH Bull Rally Ahead appeared first on CoinGape.

Michael Saylor Flashes Signal For Massive MicroStrategy Bitcoin Purchase As Bulls Target $100K

Michael Saylor Flashes Signal For Massive MicroStrategy Bitcoin Purchase As Bulls Target $100K

Michael Saylor has flashed the tell-tale sign for an incoming Bitcoin purchase for MicroStrategy. The incoming purchase will be a massive haul for MicroStrategy, with investors jockeying for positions ahead of the market-moving announcement.

Michael Saylor Hints At Incoming Bitcoin Acquisition

MicroStrategy has its sights on a fresh Bitcoin purchase in the coming days after company CEO Michael Saylor hinted at an incoming acquisition. Saylor shared MicroStrategy’s portfolio tracker in an X post, a tell-tale sign typically preceding a Bitcoin purchase announcement.

Michael Saylor’s post was accompanied by a caption hinting at increased buying activity by the software firm. The latest hint follows Saylor’s plans to raise $84B for Bitcoin purchases via stock sales to fund its acquisition spree.

 “Too much blue, not enough orange,” said Michael Saylor in an X post.

Michael Saylor shares MicroStrategy's portfolio tracker showing Bitcoin holdings

According to the portfolio tracker, MicroStrategy holds 553,555 BTC worth $52.8 billion at currency prices. Given fresh capital raises, investors are rippling with enthusiasm that the incoming purchase will be the largest by MicroStrategy.

While the incoming purchase is poised to push MicroStrategy’s holdings closer to 600K, the software company holds over 2% of Bitcoin’s total supply. Furthermore, the purchase may see MicroStrategy leapfrog BlackRock in the race to 1 million Bitcoin.

Will The Purchase Move The Markets?

Barely hours after Michael Saylor shared the portfolio tracker with the caption, BTC price climbed by nearly 3%. An actual purchase will send prices on a rally akin to previous BTC acquisition announcements by MicroStrategy.

Bitcoin price has traded sideways for over a week, and markets are eyeing strong fundamentals to power a push to $100,000. Crypto analyst Javon Marks is eyeing a BTC rally to set prices toward $116,652, but it is unclear if MicroStrategy’s purchase will power the rally.

“As for Bitcoin’s target at $116,652, it goes unchanged and prices have made monumental progress in a recovery recently towards it,” said Marks.

Bitcoin trades at $95,000 with indicators pointing northward toward $100K in search of a catalyst to trigger a rally. However, Robert Kiyosaki and Arthur Hayes have predicted the Bitcoin price to $1 million, but Michael Saylor says he will “forever buy the top.”

The post Michael Saylor Flashes Signal For Massive MicroStrategy Bitcoin Purchase As Bulls Target $100K appeared first on CoinGape.

Fact Check: Will Ripple Vs SEC End on Thursday?

The post Fact Check: Will Ripple Vs SEC End on Thursday? appeared first on Coinpedia Fintech News

The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) might finally be nearing its conclusion — but is it really wrapping up this Thursday? Let’s break down the facts behind the speculation and what’s actually happening.

The Viral Tweet — Outdated and Misleading

A tweet from Eleanor Terrett has been making the rounds again, suggesting that the SEC would likely address the Ripple case dismissal at a closed-door meeting scheduled for a Thursday. However, what many people may not realize is that tweet is from March. The date isn’t new, and it was relevant to the SEC’s internal scheduling at that time.

What’s Actually Happening with the Ripple vs SEC Case?

To recap, Ripple and the SEC reached a partial resolution some time ago, with Ripple agreeing to a civil penalty for earlier institutional sales of XRP, while the court ruled that XRP is not a security on secondary markets. However, the final paperwork, formal withdrawal, and an official SEC statement remain pending.

Stuart Alderoty, Ripple’s Chief Legal Officer, recently reiterated that the case is effectively over, pending final formalities. But there’s still no official sign-off from the SEC Commission.

Why This Matters for XRP and Crypto Markets

Many analysts believe that once the final paperwork drops and legal clarity is fully established for Ripple, it could bring new institutional adoption opportunities and potentially fuel XRP’s price rally. Some even speculate that XRP ETFs could be on the horizon.

But until the SEC officially publishes the dismissal, it’s premature to declare victory.

Verdict: False Alarm for Now

The claim that Ripple vs SEC will end this Thursday is based on an old tweet and ongoing speculation. As of now, there’s no confirmed date for the final case dismissal announcement.

The post Fact Check: Will Ripple Vs SEC End on Thursday? appeared first on Coinpedia Fintech News
The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) might finally be nearing its conclusion — but is it really wrapping up this Thursday? Let’s break down the facts behind the speculation and what’s actually happening. The Viral Tweet — Outdated and Misleading A tweet from Eleanor Terrett has been …

$350 Might Just Be Enough—XYZ, SOL, and ADA Are Testing the Boundaries

XYZVerse

The post $350 Might Just Be Enough—XYZ, SOL, and ADA Are Testing the Boundaries appeared first on Coinpedia Fintech News

A small investment might unlock significant opportunities as certain digital currencies push their limits. Tokens like XYZ, SOL, and ADA are reaching critical points, challenging the norms of the financial landscape. Their recent movements hint at potential breakthroughs, sparking curiosity about what could unfold next in this dynamic environment.

Demand for $XYZ Surges As Its Capitalization Approaches the $15M Milestone

The XYZVerse ($XYZ) project, which merges the worlds of sports and crypto, has attracted significant investor interest. Unlike typical memecoins, XYZVerse positions itself as a long-term initiative with a clear roadmap and an engaged community. The project was recently recognized as Best NEW Meme Project, further solidifying its appeal.

Price Dynamics and Listing Plans

During its presale phase, the $XYZ token has shown steady growth. Since its launch, the price has increased from $0.0001 to $0.003333, with the next stage set to push it further to $0.005. The final presale price is $0.02, after which the token will be listed on major centralized and decentralized exchanges.

The projected listing price of $0.10 could generate up to 1,000x returns for early investors, provided the project secures the necessary market capitalization.

So far, more than $13 million has been raised, and the presale is approaching another significant milestone of $15 million. This fast progress is signaling strong demand from both retail and institutional investors.

Champions Get Rewarded

In XYZVerse, the community calls the plays. Active contributors aren’t just spectators—they’re rewarded with airdropped XYZ tokens for their dedication. It’s a game where the most passionate players win big.

The Road to Victory

With solid tokenomics, strategic CEX and DEX listings, and consistent token burns, $XYZ is built for a championship run. Every play is designed to push it further, to strengthen its price, and to rally a community of believers who believe this is the start of something legendary.

Airdrops, Rewards, and More – Join XYZVerse to Unlock All the Benefits

Solana (SOL): A Blockchain Platform Emphasizing Scalability

Solana is a blockchain platform designed to enhance scalability, providing a foundation for decentralized applications. It is one of the most popular blockchains for developers, and its trading volume has even exceeded the one of Ethereum and BNB Chain. SOL is Solana’s native cryptocurrency and plays a central role in its ecosystem by facilitating transactions, running custom programs, and rewarding network supporters.

The value of the SOL coin lies in its support of the Solana ecosystem, allowing users access to various projects on the platform. Solana avoids using sharding or second-layer solutions for scalability, aiming instead to attract developers and investors with its high-capacity network capable of hosting products and services with high activity levels. In the current market cycle, Solana’s technology and the utility of the SOL coin may be of interest to those looking for scalable blockchain solutions.

Cardano’s ADA: A Scalable and Sustainable Blockchain Solution

Cardano is a blockchain platform designed for smart contracts, enabling the development of decentralized finance applications, crypto tokens, and games. Its native cryptocurrency, ADA, allows users to store value, make payments, and participate in the network through staking. Cardano uses the Ouroboros proof-of-stake mechanism, which is more energy-efficient compared to traditional proof-of-work systems. The blockchain is divided into two layers: the Cardano Settlement Layer for transactions and the Cardano Computing Layer for smart contracts. This design enhances its ability to process transactions, potentially reaching up to a million transactions per second.

The potential of Cardano lies in its sustainable and scalable approach to blockchain technology. By focusing on energy efficiency and advanced scalability, it addresses some of the key challenges faced by other platforms. The introduction of Cardano native tokens in March 2021 allows for secure and low-fee interactions with smart contracts. In the current market cycle, ADA presents itself as a significant player due to these technological advancements. Its focus on sustainability and scalability may make it an attractive option for users and developers looking for efficient blockchain solutions.

Conclusion

While SOL and ADA show promise, XYZ’s fusion of sports and memes offers a unique opportunity for growth, making it a standout choice for savvy investors.

You can find more information about XYZVerse (XYZ) here:

https://xyzverse.io/, https://t.me/xyzverse, https://x.com/xyz_verse

The post $350 Might Just Be Enough—XYZ, SOL, and ADA Are Testing the Boundaries appeared first on Coinpedia Fintech News
A small investment might unlock significant opportunities as certain digital currencies push their limits. Tokens like XYZ, SOL, and ADA are reaching critical points, challenging the norms of the financial landscape. Their recent movements hint at potential breakthroughs, sparking curiosity about what could unfold next in this dynamic environment. Demand for $XYZ Surges As Its …

SUI and POL Investors Are Quietly Rotating Into Codename:Pepe — What’s Fueling This Shift?

Codename:Pepe

The post SUI and POL Investors Are Quietly Rotating Into Codename:Pepe — What’s Fueling This Shift? appeared first on Coinpedia Fintech News

Investors in SUI and POL are beginning to rotate into Codename quietly:Pepe, an emerging AI-powered meme coin gaining momentum. The shift appears driven by Codename:Pepe’s innovative use of AI to identify early trends, its strong presale performance, and growing community engagement. As SUI and POL show signs of slowing, investors seem eager to diversify into a project that blends cutting-edge technology with the viral energy of meme culture.

Codename:Pepe Introduces The Ultimate Intel & Trading Ecosystem

Codename:Pepe is designed to do what most crypto traders dream of — it will scan X and Telegram, deciphers on-chain movements, and even tap into insider signals to identify the next viral meme coin before it takes off. It then will generate forecasts and exclusive reports, giving holders access to early trading signals that could make all the difference.

Fully Automated AI-Trader

Why stress over market movements when AI can do the work for you? Codename:Pepe will feature a fully automated AI-trader that executes meme coin trades based on signals. Whether you want hands-free auto-trading or custom strategies, the system would ensure passive income potential with algorithmic precision.

At the core of this ecosystem is $AGNT, the project’s utility token. Holding it will give users access to the platform’s core features:

  • AI signals and automated trading, making it the core utility token
  • Exclusive DAO membership where holders shape the project’s direction
  • Staking with profit distribution, rewarding long-term holders
  • AI-Launchpad for launching new tokens with AI-driven insights.

$AGNT is currently offered at a discounted price as part of an initial coin offering. The presale in its 20th presale stage, priced at just $0.023809. With the next stage, the price will jump to $0.027777, and the project aims for an ambitious $1 listing price.

The first six stages sold out in days, signaling strong demand and limited time to grab tokens at a low price.

Get Your Codename:Pepe ($AGNT) Coins Now and Watch it Grow

Built for Everyone, Secured for Trust

Operating on Ethereum Mainnet, $AGNT is beginner-friendly and accessible to all. Security isn’t an afterthought—Codename:Pepe has passed an audit by Pessimistic, a trusted smart contract security firm, ensuring a rug-free experience.

Codename:Pepe takes a new approach to asset management, aiming to bring real utility to AI-driven trading. With a structured presale, a growing community, and a roadmap focused on usability, it’s a project worth keeping an eye on. Right now, its native $AGNT tokens are available at a discounted price, offering an opportunity to get in early on what could become a leading player in the AI-crypto space.

Be Part of the Codename:Pepe DAO and Shape the Future of AI-powered Trading

SUI Token Overview and Market Impact

The SUI token is the native cryptocurrency of the Sui blockchain. It gained notable traction in late 2023 and early 2024, with prices reaching $2.18 by March 27. Though the price experienced volatility, it rebounded in the autumn and hit an all-time high of $2.36 on October 14. The year ended with SUI reaching $5.35, attributed to a rise in Total Value Locked in its system, which exceeded $2 billion. The managing director of the Sui Foundation, Christian Williams, highlighted the ecosystem’s growth and the community’s role in its organic development.

As of early 2025, SUI exhibits fluctuating price predictions based on wave counts. Prices are projected to range from $2.40 to $3.60 by the end of 2025 and drop to a range of $1.03 to $1.27 by the end of 2026. Looking farther ahead to 2030, the projected price range is between $25 and $37. SUI facilitates transactions on Sui blockchain and can be staked for rewards. Mysten Labs, established by former Meta developers, launched Sui in 2023 to address some limitations of existing blockchain technology, focusing on speed and efficiency.

Polygon Network and POL Token Overview

Polygon, formerly known as Matic Network, is a platform designed to link various blockchains and enhance their scalability without compromising on decentralization. It serves as an improved Layer-2 scaling solution with cross-chain capabilities. Under its new branding, Polygon introduced the POL token, migrating from its original token, MATIC, to align with recent upgrades.

The migration process began in September 2024, aiming to support Polygon’s scaling solutions and better integrate its ecosystem. The POL token not only facilitates transactions but also rewards those who validate transactions across the network. Users have the option to buy, sell, and trade POL on various exchanges.

Polygon’s pricing forecasts for upcoming years depend on factors such as market adoption and technological development. By 2025, the POL token could see average prices around $1.50, potentially peaking at $2.50 if the market conditions are favorable. A lower support level of $0.60 might be observed during consolidation periods.

Looking further ahead to 2030, increased adoption could lead to an average price of $3.00, with a potential high of $5.00. These predictions are contingent on network maturity and the broader crypto market environment.

Conclusion

In summary, the migration of investors from coins like SUI and POL to Codename:Pepe signals a pursuit of greater short-term potential. While SUI and POL may have their merits, Codename:Pepe offers immediate opportunities by harnessing advanced intelligence to maximize profits.

Codename:Pepe crypto sets itself apart by utilizing AI to navigate the meme coin market, delivering predictive trading signals and automated trading capabilities. Its community-driven model, capped token supply, and exclusive membership in a specialized DAO provide investors with active engagement and the possibility of significant returns.

Find out more about Codename:Pepe crypto here:

Codename:Pepe ($AGNT) Website

Codename:Pepe ($AGNT) Telegram

Codename:Pepe ($AGNT) Twitter/X

The post SUI and POL Investors Are Quietly Rotating Into Codename:Pepe — What’s Fueling This Shift? appeared first on Coinpedia Fintech News
Investors in SUI and POL are beginning to rotate into Codename quietly:Pepe, an emerging AI-powered meme coin gaining momentum. The shift appears driven by Codename:Pepe’s innovative use of AI to identify early trends, its strong presale performance, and growing community engagement. As SUI and POL show signs of slowing, investors seem eager to diversify into …

Bitcoin Solaris Reduces Transaction Fees by 80% Compared to Bitcoin’s Network

bitcoin-solaris

The post Bitcoin Solaris Reduces Transaction Fees by 80% Compared to Bitcoin’s Network appeared first on Coinpedia Fintech News

If you’ve ever moved Bitcoin during a busy stretch, you know how it goes. You set up a simple send — nothing fancy — and get hit with a $4 fee. Sometimes it’s more. Sometimes it’s less. But it’s never nothing. For most people, that kind of cost isn’t sustainable for regular use.

Bitcoin Solaris takes a different approach. By running on Solana’s ultra-efficient infrastructure and designing every component around cost control, the project now offers transaction fees up to 80% lower than Bitcoin’s network. And that number isn’t theoretical — it’s what users are seeing right now.

This change doesn’t just make the network cheaper. It makes it usable — for daily activity, mining rewards, staking, and every other function that’s been priced out on older chains.

Why Lower Fees Actually Matter

The cost of using a blockchain shapes how people interact with it. When transactions are expensive, fewer people participate. That’s been Bitcoin’s reality for years. Bitcoin Solaris removes that barrier. You send, mine, or stake without worrying about fees cutting into your balance.

bitcoin-solaris

That kind of accessibility makes the network actually usable — not just something people hold and forget. That’s what keeps people engaged. It encourages interaction. And it means adoption scales because nothing’s standing in the way.

Designed for Mobile, Priced for Everyone

Bitcoin Solaris isn’t trying to mimic Bitcoin’s tech — it’s preserving its principles while improving what didn’t work. That includes energy use, network speed, and the price users pay to do anything.

Through the Solaris Nova App, users can mine BTC-S from their phones without rigs or specialized setups. The interface is clean, transactions are instant, and — most importantly — rewards and transfers happen without heavy fees attached.

This creates a loop that works: people participate because it’s cheap and fast, and their participation strengthens the network without burning their wallets.

Trust Isn’t Sacrificed for Speed

Low fees are great — but not if they come with network risks. Bitcoin Solaris backs up its cost-efficiency with a full suite of public, verified security protections.

The project has passed two smart contract audits:

And the team is also fully KYC verified via Freshcoins, adding a layer of accountability that’s often missing in early-stage projects.

For a full breakdown of how Bitcoin Solaris balances speed, cost, and security, check out this detailed review by Crypto Royal. It explains how the system stays lean without cutting corners.

Fixed Supply. Live Tools. Easy Access

Like Bitcoin, BTC-S is a hard-capped asset. There will only ever be 21 million tokens. That number is locked.

bitcoin-solaris

Bitcoin Solaris has allocated 4.2 million BTC-S tokens (20% of total supply) for the presale. Right now, we’re in Phase 1, where tokens are priced at 1 USDT each. This is the lowest price you’ll see. Once Phase 1 ends, the cost will double to 2 USDT in the next phase. If you want in at the base price, now is the moment to act.

How to Join the Bitcoin Solaris Presale

Here’s what to do if you’re ready to join:

  1. Visit bitcoinsolaris.com

    This is the official launch site — don’t use third-party links.

  2. Set Up a Solana-Compatible Wallet

    Pick from the recommended wallets listed on the homepage.
  3. Connect and Buy Tokens

    You’ll lock in BTC-S at 1 USDT each, with no minimums required.
  4. Join the Community

    Get updates on Telegram and follow along at X

bitcoin-solaris

There’s been a wave of projects claiming to cut costs, but Bitcoin Solaris is showing what that actually looks like on-chain. Faster transactions. Mobile-native participation. And a structure that keeps user activity affordable, no matter how big the network gets.

For everyday users — and early investors — that’s the kind of foundation that can scale. And with its presale still active and fee savings already kicking in, this is the part of the story where showing up early might still pay off.

The post Bitcoin Solaris Reduces Transaction Fees by 80% Compared to Bitcoin’s Network appeared first on Coinpedia Fintech News
If you’ve ever moved Bitcoin during a busy stretch, you know how it goes. You set up a simple send — nothing fancy — and get hit with a $4 fee. Sometimes it’s more. Sometimes it’s less. But it’s never nothing. For most people, that kind of cost isn’t sustainable for regular use. Bitcoin Solaris …

Justin Sun Accuses First Digital Trust of Misusing $500 Million via Dubai Banks

Tron founder Justin Sun has renewed his accusations against First Digital Trust (FDT), claiming the firm moved $500 million in customer funds to banks in Dubai.

In a May 3 post on X, Sun claimed the money was spread across multiple institutions, including Mashreq Bank, Emirates NBD, Abu Dhabi Islamic Bank (ADIB), and EFG.

Tron Founder Urges Dubai to Investigate FDT

Sun also named several individuals he believes were involved in authorizing or facilitating the transfers. These include Christian Alexander Boehnke, De Lorraine Elbouef, FDT CEO Vincent Chok, Yai Sukonthabhund, Matthew William Brittain, and Cecilia Teresa Brittain.

According to him, these individuals held executive roles at FDT and related entities, which allegedly gave them the authority and access needed to misappropriate customer assets.

Alleged Flow of First Digital Trust's Misappropriated Fund.
Alleged Flow of First Digital Trust’s Misappropriated Fund. Source: Justin Sun

Sun’s accusations come as Dubai is positioning itself as a global center for crypto innovation. Over the past years, the authorities have introduced several pro-crypto initiatives that have drawn international attention and investment.

Against this backdrop, Sun urged local banks, regulators, and government bodies to take immediate steps to investigate the transfers and freeze any suspicious inflows.

He also pushed for internal audits, public disclosures of any anomalies, and active cooperation from the institutions involved.

“I once again urge the Dubai government, regulators, and banks to act swiftly and decisively. Dubai must not become a safe haven for fraud and money laundering. Banks must conduct internal reviews, freeze suspicious inflows immediately, and report them proactively. Do not become enablers of criminal activity,” Sun stated.

These accusations add to a growing dispute between Sun and the Hong Kong-based custodian.

Last month, he compared the alleged embezzlement at FDT to the FTX scandal, calling it “far worse” because it did not involve a loan collateral structure or user approval.

Sun has launched a $50 million bounty program to support investigations, uncover further details, and hold those responsible accountable. He has also launched a dedicated website to expose the alleged scam.

FDT has denied all accusations and filed a defamation lawsuit against Sun. Meanwhile, Hong Kong regulators have started reviewing local trust companies’ conduct in light of the allegations.

First Digital Trust's FDUSD Stablecoin Market Cap.
First Digital Trust’s FDUSD Stablecoin Market Cap. Source: BeInCrypto

Since the dispute began, the market capitalization of FDT’s FDUSD stablecoin has plunged. According to BeInCrypto data, the stablecoin’s market cap had dropped from over $2.5 billion to around $1.4 billion as of press time.

The post Justin Sun Accuses First Digital Trust of Misusing $500 Million via Dubai Banks appeared first on BeInCrypto.

XRP Short Bets Increase as Price Risks Falling Below $2 

Despite recent signs of recovery across the broader cryptocurrency market, sentiment around Ripple’s XRP remains bearish. The altcoin continues to struggle below $2.20, as more traders are now betting that the price will dip further.

Traders appear unconvinced that the token will stage a meaningful price surge in the near term, with many continuing to bet against its upside potential.

XRP Traders Eye Further Downside as Sentiment Sours

According to Coinglass, there has been a consistent increase in short positions targeting XRP. The token’s long/short ratio has remained below 1 for nearly two weeks, reflecting a growing preference for short trades. At press time, this ratio sits at 0.93.

XRP Long/Short Ratio
XRP Long/Short Ratio. Source: Coinglass

The XRP Long/Short ratio compares the number of long positions (bets that the price will rise) to short positions (bets that the price will fall) in a market.

When an asset’s long/short ratio is above 1, there are more long than short positions, indicating that traders are predominantly betting on a price increase.

Conversely, as with XRP, when the ratio is below one, traders are betting on a price decline. The long/short ratio remaining below 1 for some days highlights a prevailing bearish sentiment in the XRP market, signaling expectations of further downside.

Additionally, XRP’s weighted sentiment has stayed in negative territory, reaffirming the bearish outlook. As of this writing, it is at -0.40. 

XRP Weighted Sentiment
XRP Weighted Sentiment. Source: Santiment

The weighted sentiment analyzes social media and online platforms to gauge the overall tone (positive or negative) surrounding an asset. 

When this metric’s value is negative like this, it points to heightened sell-side pressure and fading investor confidence. This puts XRP at risk of extending its price dip.

XRP on the Brink: Could Selling Pressure Push Price Below $2?

With short interest climbing and bearish bias strengthening, XRP risks slipping below the $2 mark. If the current trajectory continues and selling pressure intensifies, a decline under this psychological threshold could materialize in the near term.

In that scenario, XRP’s price could reach $1.99 and fall toward the year-to-date low of $1.61.

XRP Price Analysis.
XRP Price Analysis. Source: TradingView

However, a resurgence in new demand for the altcoin could invalidate this bearish projection. In that case, XRP’s price could break above $2.29 and trend toward $2.50.

The post XRP Short Bets Increase as Price Risks Falling Below $2  appeared first on BeInCrypto.