Author: ₿e Proud
Eric Council Jr., the man who hacked the SEC X account last January, has been sentenced to 14 months in prison today. In addition to prison time, the council must confiscate $50,000 and be subject to three years of supervised release. He was arrested in October 2024, and prosecutors offered to sign a contract shortly thereafter. The council apparently received it in February and pleaded guilty to accusations of conspiracy to commit aggravated identity theft. What’s next for SEC X Hackers? At the beginning of 2024, rumors about the approval of the Bitcoin ETF turned into a wave of incredible…
Solana (SOL) has grown 28.4% over the past month, but its momentum has slowed down. After a brief mention of $184, it has earned just 0.78% over the past seven days. Nevertheless, Solana continues to dominate Dex metrics, leading all chains by $27.9 billion each week. The broader ecosystem is still active, with multiple Solana-based apps among the best pricing generators. However, technical indicators such as RSI, Ichimoku Cloud and EMA lines suggest that the rally may lose steam and that the duration of potential integration or revisions may be ahead. Solana leads the Dex market with a volume of…
As President Trump alternates between hiking and suspending tariffs, the US continues to witness rising bond yields despite a decline in inflation risk index. These contradictions reveal deeper structural issues related to the spending habits of the US economy. Steve Hanke, a professor of applied economics at Johns Hopkins University, sat down with beincrypto to explore the underlying power that drives bond yields to new heights. Economists cited the US budget deficit, tariff uncertainty and Congressional inaction as key contributors to the current economic outlook. Why are bond yields rising? Government bond yields have been in a fluctuating frenzy since…
Editorial Note: The following content does not reflect Beincrypto’s views or opinions. It is provided for informational purposes only and should not be interpreted as financial advice. Do your own research before making an investment decision. Another prominent guest was confirmed at a highly anticipated, code-centric dinner with US 47th President Donald Trump. Nikita Anufrief, an influential crypto entrepreneur and founder of the largest Russian cipher podcast and community “Headliner”, will be taking part in an exclusive event in Washington, DC on May 22, 2025. The private dinner has been reserved exclusively for the top 220 holders of the recently…
Imagine writing a sentence and getting a live blockchain app in return. No code, setup, no wallet drama. This is the promise of Poof, a new open beta built on Solana, transforming simple prompts into fully functional on-chain applications in minutes.Purposed to break down barriers to Web3 development, Poof leverages AI and Solana’s ultra-fast infrastructure to create a Dapp feels just as easy as chatting with ChatGpt.From prompts to productionThe core mechanics are armed and simple. Users enter a description of what they need, such as token launchpads, games, chip-enabled chat rooms, and more, and process the rest. In the…
This Friday, SORA Ventures will enter the public market through a strategic partnership with Top Win International Limited (NASDAQ: TOPW), a Hong Kong-based luxury watch distributor that will move into the digital assets sector.Since the announcement, stocks have grown 25% ahead of the market.Rather than launching an independent IPO, SORA is embedded in Topwin’s public structure.Founder Jason Fan will assume the role of CO-CEO alongside Tony Ngai as part of the company’s broader brand to “Asiastrategy.”The move follows Topwin’s decision to extend to blockchain and Web3, adopt a Bitcoin-based financial strategy and reposition its business model, in line with an…
it’s the oldest question in crypto who is Satoshi Nakamoto every so often somebody comes out of the woodwork claiming to have the answer I know who he is I know who he is and the crypto Community is dragged back into the debate but if you’re tired of seeing aging Bitcoin ogs like Adam back and Peter Todd getting harassed then we’ve got a treat for you today our latest candidate is someone few intelligent people would ever suspect and the claims are some of the most creative we’ve ever seen this may be the craziest chapter yet in…
After the Ethereum Pectra upgrade hits the mainnet on May 7th, the base network sprints to leverage and scale the fork. In an interview with Beincrypto, Jesse Pollak, head of bases and Coinbase wallets, explains that it has doubled in pioneering transaction throughput and smart wallet evolution. More blobs per block double throughput The much-anticipated Ethereum Pectra upgrade hits the mainnet on May 7th, unlocking powerful new features such as the EIP-7702 and increasing the blob capacity that supports rollup scalability. For Jesse Pollack, head of Coinbase bases and protocols, not only marks a new chapter in Ethereum, but the…
Hedera slipped 1% in the last 24 hours, diverging slightly from the bullish momentum of the wider market. This minor dip comes after several days of price consolidation. The indicators on the chain suggest that bullish sentiment may be returning to the HBAR market. By reducing sales pressure, AltCoin could successfully chart courses above the $0.20 price mark in the short term. Hedera Traders bet upwards HBAR’s liquidation heat map shows a large concentration of liquidity in the $0.203 price region. Traders use clearing heat maps to identify areas where many leveraged locations are likely to be cleared when prices…