Post WazirX Hack Crypto Faces An Image Problem In India, Admits CoinDCX CEO Sumit Gupta

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The WazirX hack, which saw the infamous North Korean Lazarus Group steal $235 million from the crypto exchange, notably affected the sentiments of the Indian crypto investors. Post the hack, users migrated to more trusted platforms. In an interview published on 5 May 2025, Sumit Gupta, the CEO of CoinDCX, a crypto exchange based in … Read more

$TRUMP soars above $12 after Trump’s Truth Social post

$TRUMP soars above $12 after Trump's Truth Social post

The official Trump memecoin, $TRUMP, went up more than 10% to $12.25 after Donald Trump shared a post endorsing the token on Truth Social. According to data from crypto.news, the official Trump (TRUMP) token has crossed over the $12 threshold, bouncing as high as $12.25. At press time, $TRUMP has gone up more than 9% … Read more

Argentina’s LIBRA meme coin crashes, erasing $4.4b after controversial Milei post

Milei’s meme madness dampens Argentine stock market

The Solana-based LIBRA token, initially promoted by Argentinian President Javier Milei, collapsed within hours of its launch. The collapse wiped out $4.4 billion in market capitalization and affected the overall meme coin market. The incident began with Milei’s social media post at 5:01 PM ET, promoting a token purportedly aimed at “boosting the Argentine economy … Read more