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KIP Protocol has released an official statement denying any involvement in the controversial LIBRA token launch. The company clarified that it did not initiate or profit from the project and is prepared to take legal action to protect its reputation. No Profits or Prior Knowledge of LIBRA Token Launch KIP Protocol has distanced itself from … Read more
The Lazarus Group, a North Korean-linked cybercrime entity, allegedly laundered $1.4 billion stolen from crypto exchange Bybit this week using meme coin platforms and cross-chain transfers, according to onchain investigator ZachXBT. $1.4B Bybit Hack Tied to Lazarus Group, Laundering Involved Pump Fun Meme Coins The Lazarus Group, notorious for high-profile crypto hacks, is accused of … Read more
On Saturday, our newsdesk revealed that Kanye West, also known as Ye, was preparing to launch a meme coin. Now there is speculation that West sold his X account to a member of the Doginals crew. Ye’s YZY Coin Controversy Yesterday, Bitcoin.com News detailed Ye’s reported YZY meme coin launch and examined an X spaces … Read more
Kanye West, legally known as Ye, plans to introduce a meme-inspired cryptocurrency named YZY — a move that comes even after he publicly condemned such tokens as manipulative and driven by empty buzz. Ye Follows CZ on X Causing Binance Listing and Doginal Link Whispers The polarizing music icon, Ye, whose Yeezy brand will reportedly … Read more
A survey of FTX creditors reveals a strong inclination to reinvest their repayments in cryptocurrencies, with solana (SOL) being the most popular choice. FTX Creditors’ Love Affair With Solana A new survey found that 79% of FTX creditors plan to reinvest their repayments into cryptocurrencies, with 29% of the reimbursed funds allocated for this purpose. … Read more
More than a month after Donald Trump, the 47th U.S. president, launched his meme-inspired TRUMP token, the Solana-based crypto asset continues to glitter in the top 50 rankings. A lively 709,835 unique wallets now hold the token, sparking curiosity about its biggest holders and how this newly launched digital offering is distributed. Let’s peek at … Read more
A survey revealed that politically-themed memecoins like TRUMP, LIBRA, and CAR attracted many first-time crypto investors, but also led to significant losses and disillusionment. Memecoin Losses Prompt 21% of New Crypto Investors to Quit A survey study of 1,066 crypto investors conducted by Chainplay in collaboration with Storible found that nearly 80% bought president-endorsed memecoins … Read more
Meme coins may seem frivolous now, but their evolution could reshape crypto, Coinbase’s CEO said, warning against scams while urging openness to their potential impact. Coinbase CEO Brian Armstrong: ‘We Should Be Open Minded About Where Memecoins Are Going’ Coinbase CEO Brian Armstrong has shared his thoughts on meme coins, recognizing their significance in the … Read more
Charles Hoskinson, founder of Cardano, recalled his experience in Argentina in the wake of the downfall of Libra, the project shared on social media by President Javier Milei. Hoskinson revealed that in his latest trip to the country, third parties tried to monetize access to the president. In a recent livestream, Hoskinson stressed that this … Read more
The sentiment towards Solana on social media has shifted to a negative one. Many analysts and traders are rejecting the chain as a meme coin casino after the Libra incident involving the token shared by Argentine President Javier Milei. Social Sentiment Toward Solana Leans Negative After Libra’s Incident Solana, one of the chains with the … Read more
