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Terraform Labs, the company behind the troubled cryptocurrency ecosystem Terra, has reportedly reached a $4.5 billion settlement with the U.S. Securities and Exchange Commission (SEC) according to industry sources.

Phantom, a well-known crypto wallet for the Solana ecosystem, is making a move towards a future that supports multiple blockchains. In a recent announcement, Phantom revealed it's adding support for Bitcoin (BTC), alongside a unique NFT minting event on the Bitcoin blockchain itself.

Shiba Inu (SHIB), the popular meme coin, is showing signs of life with a recent 5% jump. This price increase comes amidst positive sentiment for meme coins and follows the news of CoinGate integrating SHIB for payments on Polygon and BNB Chain networks.

American singer Jason Derulo is facing criticism after selling thousands of dollars worth of his new cryptocurrency, JASON tokens, despite previously stating he "WILL NEVER SELL."This revelation comes from analytics firm Bubblemaps, which claims Derulo sold tokens despite his strong public assurances.

In a surprise move, Notcoin's recent airdrop has outshined well-established projects like ZKsync and LayerZero. The token, initially trading at $0.0142, saw a 7% increase in 24 hours. But the real story lies in the airdrop itself.

In a surprising turn of events, memecoins are defying the overall crypto market slump and experiencing a surge in value. Over the past 24 hours, several memecoins have witnessed double-digit growth, breaking away from a week-long downtrend.