Instagram’s Crypto Verification Puzzle: A Careless Approach to User Safety?

Despite strict policies, Instagram struggles to protect users from potential crypto frauds, as seen in the case of Carl Dawkins, CEO of Love Hate Inu. Dawkins sought blue tick verification to prevent impersonation, but Instagram’s public-figure threshold and reluctance to verify raises concerns about user safety, especially as crypto gains popularity and meme coin frenzy prevails.

Meme Coin $SPONGE: Remarkable Growth and Future Challenges in Crypto Market

Meme coin $SPONGE makes a remarkable entrance, listing on Bitget and Gate.io and ranking as the seventh-best gainer in 24 hours. Its impressive performance is attributed to an influx of new buyers, growing popularity, and significant exposure through top-ranked exchanges. Despite doubts, $SPONGE’s potential for further growth is evident with strong industry relationships, a growing community, and partnerships diversifying its presence.

Grayscale’s Legal Triumph vs. SEC & Iris Energy’s AI Ambitions: Contrasting Crypto Moves

“In a significant legal case, Grayscale Bitcoin Trust triumphed over the SEC regarding its GBTC application for a Bitcoin ETF. However, this doesn’t guarantee a listing. Meanwhile, Iris Energy bought 248 Nvidia H100 GPUs for AI technologies and Bitcoin mining, presenting issues around energy consumption and sustainability in the crypto sector.”