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What is pump and dump? pump and dump news, pump and dump meaning, pump and dump definition - Blockchain.News
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pump and dump

The Graph Token (GRT) Price Suffered a Pump and Dump After Crowd Sentiment Hit Euphoric Levels

The Graph Token (GRT) Price Suffered a Pump and Dump After Crowd Sentiment Hit Euphoric Levels

The Graph token (GRT), an indexing protocol and global API for organizing blockchain data, recently suffered a pump and dump in the market.

Ripple’s XRP Crashes Following Pump and Dump Scheme Coordinated by Telegram Group

Ripple’s XRP Crashes Following Pump and Dump Scheme Coordinated by Telegram Group

Ripple’s XRP has crashed following its temporary ascent to $0.74 yesterday.

WallStreetBets and Telegram Group Plan Coordinated Buying Attack on Ripple's XRP For February

WallStreetBets and Telegram Group Plan Coordinated Buying Attack on Ripple's XRP For February

WallStreetBets (WSB) along with a Telegram group are apparently planning a new coordinated attack on XRP which is set to be executed around 8:20EST.

Bitcoin Crowned ‘Most Viewed Asset in the US’ Last Month, Along with Tesla Stock

Bitcoin Crowned ‘Most Viewed Asset in the US’ Last Month, Along with Tesla Stock

This week, Bitcoin surged in the market again, recording new highs that have not been seen of the digital asset since June of last year.

CertiK: Crypto Social Media Scams Surge

CertiK: Crypto Social Media Scams Surge

CertiK discusses the growing threat of crypto scams on social media, citing a FTC report revealing over $1 billion lost in the 18 months leading to June 2022, with nearly half coming from social media interactions. It suggests preventive measures like hardware wallets and smart contract security audits.

XRP Token Retraces, Will It Manage to Break past the $0.40 Level?

XRP Token Retraces, Will It Manage to Break past the $0.40 Level?

After undergoing a pump and dump where XRP managed to touch $0.74 briefly, the token is currently retracing, trading at around $0.37 on CoinMarketCap.

Barstool Sports Founder Dave Portnoy to Dump Bitcoin and Chainlink (LINK) After $25,000 Loss

Barstool Sports Founder Dave Portnoy to Dump Bitcoin and Chainlink (LINK) After $25,000 Loss

Dave Portnoy announced that he is done with cryptocurrency and Bitcoin after undergoing a loss of $25,000 due to market crash.

US Justice Department Charges John McAfee with Cryptocurrency Fraud

US Justice Department Charges John McAfee with Cryptocurrency Fraud

Antivirus software entrepreneur John McAfee has been charged with fraud and crypto pump and dump scheme offenses by the US Department of Justice, which alleges that he and his accomplices participated in a scheme that earned them more than $16.9 million by fraudulently promoting altcoins to unwitting investors.

End of Chainlink’s Bull Run? LINK Developers and Whales Dump Tokens

End of Chainlink’s Bull Run? LINK Developers and Whales Dump Tokens

Chainlink (LINK) recently hit $20 on Binance and has surpassed Bitcoin Cash (BCH) by market capitalization before taking a dive.

Bitcoin Price Model Suggests BTC to Reach $200,000 by the End of 2021 Despite Recent Dump

Bitcoin Price Model Suggests BTC to Reach $200,000 by the End of 2021 Despite Recent Dump

However, upon attempting to reach $20,000 again, Bitcoin was rejected and has plunged below $19,000, and is currently trading at $18,581.

KuCoin Hacker Scrambles to Dump Stolen Chainlink Tokens, Crypto Exchanges Collaborate for Clamp Down

KuCoin Hacker Scrambles to Dump Stolen Chainlink Tokens, Crypto Exchanges Collaborate for Clamp Down

The KuCoin hacker has begun dumping his stolen funds, after having made off with over $150 million worth of Bitcoin (BTC), ERC-20 tokens, and Ether (ETH).

Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare

Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare

Benchmark, a venture capital company that earlier backed Ebay Inc., Twitter Inc., and Uber Technologies, plans to invest a whopping $50 million into Ethereum-powered fantasy football platform Sorare.

Institutional Investors Pump $429 Million Into Crypto as Bitcoin Steals the Show

Institutional Investors Pump $429 Million Into Crypto as Bitcoin Steals the Show

In the past one week, institutional investors pumped a whopping $429 million into crypto funds and products, with GrayScale taking the bulk at $336.3 million.

Bitfinex and Tether Face Market Manipulation Class Action Lawsuit

Bitfinex and Tether Face Market Manipulation Class Action Lawsuit

Roche Freedman, New York-based legal firm, filed a class-action lawsuit on behalf of those who own cryptocurrency against Bitfinex and Tether and others for crypto market manipulation and creating the largest bubble in history.

South Korea to Pump In a Whopping $12.8 Million into Blockchain Industry

South Korea to Pump In a Whopping $12.8 Million into Blockchain Industry

The adoption of blockchain technology is set to reach unprecedented levels in major countries, as recently announced by China’s President Xi Jinping. South Korea intends to follow suit based on the revelation made by the Ministry of Science and ICT that USD 12.8 million will be channeled to blockchain projects in 2020.

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