HashFlare Founders Plead Guilty To Running $577 Million Crypto Ponzi Scheme

Founders Sergei Potapenko and Ivan Turõgin pleaded guilty to running a $577 million cryptocurrency Ponzi scheme through their company HashFlare. They misled customers about mining profits and agreed to forfeit over $400 million in assets for victim compensation. Sentencing is set for May 8, 2024.

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What the Key Metrics for Onchain Activity Say About SOL, ETH and Other Chains in 2025

Web3 must transcend superficial metrics to assess true user engagement and growth potential effectively. By employing a comprehensive "health index" that aggregates key user activities, chains like Solana, Ethereum, and Axelar can better gauge engagement quality, vital for success as the industry matures into 2025 and beyond. - source

Kamala Harris Memecoin Sets New Highs as Her Nominee Odds Surge to 90%

Kamala Harris memecoin reaches new highs as her nomination odds jump to 90%, boosted by Joe Biden's endorsement for the upcoming U.S. presidential elections. Traders are using meme tokens and prediction markets to bet on her potential ascent. - source

Dogecoin Now Has 6.69 Million Holders: How It Compares To Shiba Inu, XRP

Dogecoin has now reached 6.69 million holders, demonstrating substantial adoption and bullish prospects. Comparing it to other altcoins, Dogecoin ranks second in holder count, right after Litecoin at 8.08 million and ahead of XRP at 5.24 million. This trend suggests positive long-term prospects for Dogecoin's price. - source

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