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Donald Trump’s lavish gala dinner for top holders of the TRUMP meme coin has sparked a fierce backlash, with Democrats calling it an “orgy of corruption” and warning of foreign influence and pay-to-play risks. High-profile guests at the event included TRON founder Justin Sun, the largest known holder of the token, Magic Eden CEO Jack Lu, and BitMart CEO Sheldon Xia. They were served upscale dishes like filet mignon and molten lava cake, and received $100,000 Trump-branded watches, raising alarm over potential political favoritism and pay-for-access. Honored to be at the Trump Crypto dinner with @GetTrumpMemes Going to be a great night! pic.twitter.com/H4fBZbtxKf — Jack (@0xLeoInRio) May 22, 2025 Democrats are demanding the White House release the full list of guests, citing ethical and national security risks. Senator Elizabeth Warren called the event an “orgy of corruption,” warning that the public has no idea who is buying influence with th...

Cetus Protocol, the biggest decentralized exchange (DEX) on the Sui network, was hacked on Thursday, losing about $223 million worth of SUI tokens. The hack targeted the SUI/USDC liquidity pool, wiping out nearly all liquidity on Cetus and bringing trading on the platform to a halt. The incident also caused a flash depegging of USDC on the Sui chain, where it was reported to be exchanging hands for a fraction of a cent. Liquidity in some pairs fell sharply, with some pools dropping as low as $143,000. Cetus(@CetusProtocol) on #SUI was hacked and lost more than $260M! The hacker is converting the stolen funds into $USDC and cross-chaining to #Ethereum to exchange for $ETH, with ~60M $USDC already cross-chained.https://t.co/b0uGu8icXrhttps://t.co/0BpKSaygmr pic.twitter.com/txfxLoImOd — Lookonchain (@lookonchain) May 22, 2025 The exploit caused all of the top 15 SUI-based tokens to plunge by over 75%. Cetus Protocol Team Confirms Breach The Cetus team confirmed the breach a...

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The currency dynamics have now evolved, threatening the well-established dominion of the US dollar. Major currencies of the world have now started to gnaw at the US dollar, challenging the currency to give up its reserve currency status. The dollar is currently in deep trouble, primarily due to the rising US debt metrics coupled with Trump’s fiery trade stance, which is constantly adding more pressure on the USD. In this wake, a noteworthy economist has warned of the consequences, sharing how this one currency is capable of dethroning the dollar and becoming its successor in the process. Also Read: Take-Two Prices $4.75M Share Offering at $225, Morgan Stanley Ups Target to $265 A New Currency on the Radar: Economist Warns Source: thecradle.co Senior Asian economist Hoe Eo Khor, in his recent Analysis , shared how the Chinese yuan is capable of skillfully outperforming the US dollar. The expert shared how the yuan has the power to overtake the US dollar’s global currency reputation...

Binance’s Pi Coin exchange listing rumors are swirling around the crypto world right now after the largest cryptocurrency exchange mysteriously posted a design absolutely filled with Pi symbols on their social media account. The cryptic post has, at the time of writing, generated quite a bit of excitement and speculation within the Pi Network community, with many users and also influencers interpreting it as a clear signal that Pi Coin trading could finally be coming to the major platform. Also Read: MSTR Slides as Strategy Bags 7,390 BTC, Faces Lawsuit, $1,800 Target Still In Sight What Binance’s Pi Coin Listing Means For Crypto Traders In 2025 Source: The Network Journal The crypto community was taken by surprise when Binance unexpectedly shared an unusual image featuring multiple Pi (π) symbols arranged in a diamond-like pattern on X. Even though the exchange’s caption seemed to mock the design for lacking artistic merit, Pi Network supporters immediately connected ...

JPMorgan’s Kinexys has recently partnered with Chainlink and also Ondo Finance to facilitate, at the time of writing, a groundbreaking $2 billion tokenized asset settlement through integrated public blockchain technology. This collaboration, which is quite significant right now, connects traditional bank payment rails with tokenized assets, and it marks an important milestone for JPMorgan’s Kinexys in bridging conventional banking infrastructure and cryptocurrency technology. Also Read: Dan Ives Sees Apple (AAPL), Microsoft (MSFT), Palantir (PLTR) Surging to $210, $400, $18 Within a Year Chainlink, Ondo, JPMorgan Target Bank Rails And Token Markets Source: PR News Wire The partnership between these financial powerhouses represents, in many ways, an innovative approach to institutional blockchain adoption. By integrating JPMorgan Kinexys’ banking infrastructure with Chainlink’s oracle technology and, additionally, Ondo Finance’s tokenization platform, tradit...

The entire cryptocurrency market is now riddled with a new phenomenon. The traditional ETFs, or exchange-traded funds, the dependable pillars of traditional finance, are now making their way into the Web3 space, rapidly sweeping away the cryptocurrency domain. This shift opens up new avenues for investors to diversify their portfolios, offering a new arena packaged in a traditional guise of sorts. Several companies have already filed for multiple crypto ETFs, including Solana, XRP, Cardano, and DOGE ETFs. However, a Shiba Inu ETF is yet to be filed, sparking a wave of speculation within the SHIB community. Here are the two things or factors that may push for a Shiba Inu ETF, and they involve heavy community participation and support. Also Read: Shiba Inu Price Prediction: How $10K Could 3.5x and Make You a Whale by 2027 Here’s How Shiba Inu ETFs May Debut in the US Markets 1. Approval of Dogecoin ETF Source – Bankrate Yes, as ironic as it may sound, the approval of other mem...

May 16, 2025 – Dubai, UAE – Another prominent guest has been confirmed for the highly anticipated crypto-focused dinner with the 47th President of the United States, Donald Trump. Nikita Anufriev, an influential crypto entrepreneur and founder of the largest Russian-language crypto podcast and community, "Headliners," will attend the exclusive event on May 22, 2025, in Washington, D.C. The private dinner is reserved exclusively for the top 220 holders of the recently launched cryptocurrency token, $TRUMP, and has already garnered significant international media attention. According to blockchain analytics firm Inca Digital, invited participants collectively invested over $148 million to secure their place at this prestigious event. Anufriev was among the first global influencers to publicly announce the launch of the $TRUMP token, accurately predicting its impact shortly after its market debut at a price of $1.7 per token. Just two days after this announcement, the to...

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The rising de-dollarization trend is now gaining immense traction globally, with leading nations shunning the US dollar to opt for their currency alternatives. This development has led the US dollar to encounter violent fluctuations and volatility, weakening its price by a notch. At the same time, the world has found new use cases for the Chinese yuan, helping the internationalization of the Chinese currency on a whole new level. Will this new use case help the yuan gain global popularity, fame that directly challenges the US dollar’s prestige and valuation? Let’s find out. Also Read: Shiba Inu: SHIB Price Prediction For May 20, 2025 De-Dollarization: A New Use Case for Chinese Yuan Is Here Source: Gina Sanders / Fotolia via Wodicka 13 major economies, including ASEAN, South Korea, China, and Japan, have now found a new use case for the Chinese Yuan. This new usage includes a new emergency funding tool that makes use of the Chinese Yuan as the leading currency for funding em...