News with the tag "Moon"

In the fast-paced world of cryptocurrency, where fortunes can be made and lost in the blink of an eye, even established players face unexpected hurdles. Crypto payments firm MoonPay recently found itself navigating a surge in transaction volume that tested its operational limits. The company, known ...

Key Takeaways: SafeMoon CTO Thomas Smith is attempting to reverse his non-guilty plea on criminal charges related the company’s crypto fraud scheme. Smith and co-defendants Kyle Nagy and Braden John Karony were indicted back in November 2023. Karony’s trial is slated to begin at the end of the next ...

Thomas Smith, the former Chief Technology Officer of Safemoon, has pleaded guilty to charges connected to a massive $200 million fraud scheme. Smith, once a key figure in the crypto project, now faces a possible 45-year prison sentence for his role in deceiving investors. His confession comes after ...

The cryptocurrency world is once again rocked by scandal as Thomas Smith, Chief Technology Officer of SafeMoon, has pleaded guilty to participating in a massive $200 million crypto fraud. This alarming development, reported by Cointelegraph, sends shivers down the spines of crypto investors and rais...

In a surprising turn of events for the SafeMoon community, the project, now under the wing of the VGX Foundation, is embarking on a new chapter. Following a substantial 2.2 trillion SFM token burn, SafeMoon is set to launch a brand-new memecoin on the Solana blockchain. This strategic move, slated f...

The SafeMoon team is planning on launching a memecoin on Solana (SOL) on Saturday at 1:00 AM UTC. The team has burned 2.2 trillion SFM tokens across the Ethereum, Polygon and Binance Smart Chain networks, the VGX Foundation told CoinDesk. In total, almost the entirety of the Ethereum and Polygon sup...

In a shocking move, President Donald Trump launched his memecoin, TRUMP, on Solana blockchain days before his inauguration. This made him the first U.S. president linked to a cryptocurrency. In just 48 hours, the token’s value exploded from $200 million to over $10 billion. Trading volume passed $20...

Supermoon , in partnership with Peanut Trade , alongside ICP, Avinasi Labs, and Cointelegraph Accelerator , is bringing an exclusive four-event series to ETHDenver 2025, creating a high-impact networking hub. After hosting highly successful events in past years, these side events are guaranteed to c...

Cypto payments company MoonPay borrowed $160 million from Ripple and Galaxy Digital to support President Donald Trump’s TRUMP meme coin release. MoonPay CEO Ivan Soto-Wright had even to pledge his entire net worth to access the loans. MoonPay could not access its reserves in Blackrock accounts MoonP...

Ethereum ‘s bullish expectations in the ongoing cycle continue to be delayed due to heightened volatility across the general crypto market. Despite its struggles to initiate a major price rally, many crypto experts remain optimistic about an upsurge, pointing to key support levels that could spark a...