Elon Musk Supports Dogecoin's Inflation Model, Emphasizing Its Value

A man from West Bengal was arrested by Delhi Police's IFSO division for his involvement in a cyberattack on WazirX, resulting in a $235 million loss. The accused allegedly facilitated the heist by selling fraudulent account credentials to a third party.

President-elect Donald Trump has chosen pro-crypto Congressman Matt Gaetz as the next Attorney General, signaling a continued focus on a pro-crypto agenda. Gaetz's nomination, despite facing skepticism and legal challenges, has already positively impacted the market.

Kevin Mirshahi, a missing "crypto influencer," was found dead in a Montreal park after being abducted in June. He was involved in a pump and dump scheme with a token called Marsan, leading to losses for many investors.

The Republican Party has won the majority in the U.S. House of Representatives, solidifying their control following the 2024 elections. This victory has raised optimism within the crypto industry for a more favorable regulatory environment under the new administration.

Odell Beckham Jr. is celebrating his wise decision to receive his $750,000 Rams salary in Bitcoin three years ago, as the cryptocurrency's value has surged to nearly $90,000, marking a 40% gain. Despite facing criticism, Beckham's social media victory lap indicates his confidence in holding onto his Bitcoin position.

Pepe, a meme coin, surpassed Dogecoin in weekly gains after being listed on major exchanges, causing its market cap to briefly exceed $10 billion. The surge followed announcements by Robinhood and Coinbase, driving significant retail interest and trading volume.

Tensor, a Solana-based NFT marketplace, unveiled Vector.fun, a new platform merging social engagement with token trading across various blockchains. The company's founders highlighted the platform's development due to the emergence of a new market trend.

Bitwise Asset Management has acquired Ethereum staking firm Attestant Limited, handling $3.7 billion worth of staked ETH. The acquisition will help Bitwise develop Bitwise OS, offering staking services, hedge fund services, and exchange-traded products to investors.

Polymarket CEO Shayne Coplan had his phone and electronics seized in a law enforcement raid, described as "political retribution" after correctly predicting the 2024 presidential election. The FBI conducted the raid in Manhattan, New York, but Coplan was not arrested.