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Join Our Telegram channel to stay up to date on breaking news coverage Crypto industry’s meme coin sector blew up about two years ago after Dogecoin (DOGE) saw a massive pump pushed by its community and aided by Elon Musk. Since then, dozens of meme coins have emerged to join the likes of DOGE, and its greatest rival, Shiba Inu (SHIB). However, two years later, many of the meme coins that launched since the rise of the meme coin sector are crashing down rapidly. Another bearish wave has gripped the crypto market, and joke tokens are losing their value. Some of the biggest examples include MongCoin (MONG), Ben (BEN), 0xMeme (0xM), and RefundCoin (RFD). Meme coins are seeing major price crashes In the last 24 hours, BEN has performed the best out of the four mentioned cryptos, sinking by “only” 14.74% to the current price of $0.0000001023. With a market cap of $42.7 million, this cryptocurrency currently ranks as the 2667th largest coin. After that, we have MongCoin, which

Are you a Walmart shopper who is looking for a different way to buy household items or groceries? If so, are you looking to use American Express as a payment method at the retail giant? This is definitely good news for American Express fans, as Walmart does accept American Express . This means that you can use American Express cards to pay for there. Source: Techcrafer What is American Express? American Express, also referred to as AMEX, is a global financial services company with headquarters in the US. American Express was established in 1850 and is well-known for its credit cards, charge cards, traveler’s checks, and other financial services. Cardholders can make purchases and take advantage of a variety of benefits and rewards provided by American Express thanks to the business’s global payment network, which is run by the firm. Also read: Does Canes Take Apple Pay? Source: CardExpert Benefits of using American Express at  Walmart There are several ben

After reporting the vulnerability to Tron in February, the researchers highlighted that the issue was promptly addressed and resolved within a few days. A research team at dWallet Labs has discovered a zero-day vulnerability in Tron multisig accounts, allowing an attacker to bypass the multisignature mechanism and sign transactions with a single signature. In a technical breakdown post, the research team said the vulnerability could have impacted $500 million in assets held in Tron multisig account s. This is because it allows any signer to “completely overcome the multisig security offered by TRON.” 0d, our superstar cybersecurity research team, discovered a vulnerability in TRON multisig accounts putting over $500M of digital assets at risk - it was disclosed and fixed so there are no user assets at risk now. A technical breakdown:https://t.co/nMj6kV6Oc3 — dWallet Labs (@dWalletLabs) May 30, 2023 As its name suggests, multisignature wallets require multiple signers defined in a

The L1 Joint Task Force (L1JTF) has opted to delay the delivery of the much anticipated v2.1.0 upgrade for the Terra Classic blockchain in a recent update to its Q2 timetable. Project Manager LuncBurnArmy (LBA) noted the necessity for further testing as the reason for the postponed release date, which is now planned for June 14 rather than the initial May 31 objective. 1. #LuncArmy Please find the status update for Q2 Sprint #4 at the following location:https://t.co/NKCxueSAiB — LuncBurnArmy (@luncburnarmy) May 29, 2023 The L1JTF team’s key emphasis in Q2 2023 is on completing the v2.1.0 version, which is targeted at revitalizing the Terra Classic blockchain and assuring compatibility with Luna 2.0 and Cosmos. Despite this setback, a positive trend formed in the early hours, indicating a substantial change in market mood. The bulls overcame the bears’ supremacy when support was established at $0.00008686. Encouraged by the positive momentum, the price of LUNC surged t

Dogecoin (DOGE), the world’s first and largest Memecoin is changing hands at $0.07233 after recording a growth of 1.23% over the past 24 hours per data from CoinMarketCap. Alongside Dogecoin, Shiba Inu (SHIB) is also trading at a bullish upside with a growth of 2.03% to further solidify the cohesive response to the recovery attempt of the market. advertisement While these assets are notably on a growth rampage, some sets of Memecoin s including the sensational frog-themed PEPE appears to be struggling to keep up pace with its other high fliers. The token has shed off as much as 2.62% of its price over the past 24 hours to boldly lead the Memecoin s on the other end of the divide. PEPE is not alone in the bearish zone as Milady Meme Coin (LADYS) has also lost more than 6% of its price throughout the weekend. Notably, the current switch in the market momentum can be dubbed a catalyst for these asset classes to pare off their losses. Awaiting the Memecoin Re

Sei Network’s Discord Upgrade There has been a rising prevalence of automated bots and the challenges of distinguishing real users from artificial accounts. By obtaining the coveted “Verified Seilor” role, users are provided with a badge of authenticity that sets them apart as real humans in the vast landscape of the internet. advertisement Here is how to do it, as per the Sei Network’s tweet: Follow the steps in our server to get your very own Verified Seilor  role. (Server menu -> Linked Roles -> Humanode) The implementation of Humanode face verification represents a significant milestone in Sei Network’s commitment to upholding authenticity within its ecosystem. By requiring users to undergo face verification, Sei Network can verify the identity of individuals, mitigating the risks of impersonation and fraudulent activities. Recommended Articles Crypto Pres

Also Read: US PCE Core Inflation Comes In More Than Expected For April advertisement Debt Ceiling Deal: The Details CNBC reported that House Republicans would in return get their spending cut demand fulfilled for the debt ceiling agreement. Among the spending cuts could be baseline federal spending in 2024 along with Internal Revenue Service allocations. In another revelation, Mario Nawfal’s tweet said negotiators agreed on a 3% increase in defense spending. He also said that key negotiators, which could also include top White House officials and top Republicans, had already agreed for the deal ‘in-principle’ on Thursday itself. “Sources with direct contact with the speaker’s office confirmed that some information will be made public over the next couple of hours.” The deal announcement will reportedly be made over a press conference later on Friday. Therefore, a relief rally can be expected in the aftermath of the deal confirmation, setting the stag

US House Speaker, Kevin McCarthy said that he spoke with Donald Trump about the ongoing debt ceiling negotiations. Moreover, McCarthy told reporters outside of the capital that his discussions with the former president about the topic were brief.  The ongoing debt ceiling talks have been a vital development for the US. Subsequently, both McCarthy and President Joe Biden have not been able to reach an agreement, with a deadline coming in a matter of days. If no deal is reached, the country would enter default, which could be catastrophic for the economy.  Source: CNN McCarthy Spoke With Trump Over Debt Ceiling All eyes have been on the ongoing debt ceiling negotiations between both Democrats and Republicans on Capitol Hill. As both sides seem content to not budge, the deadline for a debt default is looming. Moreover, the Speaker of the House noted that he has spoken with one interesting source regarding the ongoing talks.  US House Speaker Kevin McCarthy says he spoke wi

The leading crypto exchange, Binance, declared its involvement in the US Department of Treasury’s recent investigation into alleged North Korean cybercrime. The company revealed that it had assisted the authority in “seizing $4.4M and freezing accounts linked to North Korean organized crime”. In a tweet shared on May 25, Binance acknowledged the efforts of US law enforcement as well as the company’s investigation team for “their unwavering commitment to combating crime worldwide”: We are proud to have assisted US law enforcement in seizing $4.4M and freezing accounts linked to North Korean organized crime. Kudos to our law enforcement partners and the Binance Investigations team for their unwavering commitment to combating crime worldwide. — Binance (@binance) May 24, 2023 On May 23, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) charged North Korean organizations, alleging their involvement in “obfuscated revenue generation and malicious

CFTC Not A Potential Crypto Ally Christy Goldsmith Romero, one of the five commissioners at the CFTC, revealed that cryptocurrency cases now constitute approximately 20% of the agency’s portfolio. This includes recent civil cases brought against major exchanges such as Binance and FTX. In March, the CFTC filed a lawsuit against Binance and its CEO Changpeng “CZ” Zhao, alleging the operation of a sham compliance program. CZ countered the allegations, describing them as an incomplete representation of facts. advertisement Additionally, the regulator voiced her dissent over the belief that the CFTC has a “light touch” when it comes to regulating cryptocurrencies. While taking a dig on the matter, Romero was quoted as saying: Light touch regulator would never be written on my tombstone. Goldsmith Romero dismissed the notion of hostility between the CFTC and the SEC in terms of regulating the new class of digital assets. However, she acknowledged that certain crypt