Could Solana be a Victim of a Pump and Dump Scheme?

The Solana (SOL) token has tripled its price in less than a month as the cryptocurrency market posted staggering losses. On Tuesday, a wave of selling pressure pummeled the prices of nearly every single coin. SOL is heading to better heights as many DApps, stablecoins, and DeFi projects build platforms on the network. The token now has a market value of over $51 billion, according to CoinGecko. Solana hit the news recently as among the fastest-growing cryptos this year as it…

Zeus Capital Report Alleges That ChainLink Is a Scam

On July 16, 2020, Zeus Capital, a firm that focuses on fund management and independent research, published a paper full of allegations about Chainlink's credentials and infrastructure.  The report titled "The Chainlink Fraud Exposed", describes the token, which is currently in the top 10 by market capitalization, as "the Wirecard of cryptocurrencies". Zeus Capital analyzes all aspects of the LINK project and accuses Chainlink of market manipulation through the classic pump and dump schemes.  Essentially, these are makeshift transactions aimed…

Ripple Has Unlocked 1 Billion XRP From Its Escrow Wallet

People have been criticizing Ripple for unlocking its token at the beginning of every month. Just as the month of May began two days ago, the company has unlocked another 1 billion XRP from its escrow wallet. As anticipated, in three tweets, Whale Alert reported that the firm has unlocked more tokens. The three tweets noted the transfer of Ripple 500,000,000 (107,272,434 USD), 400,000,000 (85,856,924 USD), 100,000,000 (21,551,122 USD) from Ripple Escrow wallet, respectively. This is a total transfer of 1 billion XRP…