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Experts Warn: Memecoins Are a Double-Edged Sword for Crypto Adoption


Experts agree that while memecoins can attract users, their volatility poses risks to the broader crypto ecosystem. One expert argued that the collapse of memecoins can harm liquidity and emphasized the need for investors to be cautious and screen for fraudulent tokens. Memecoin Losses Prompt...

Report: DOJ Opens Probe Into Libra Token Case


The DOJ has allegedly already opened an investigation regarding President Javier Milei’s role in the promotion of Libra and the involvement of the project’s founders, Kelsier Ventures’ Hayden Davis, KIP Protocol’s Julian Peh, and two Argentine entrepreneurs, in the scheme....

KIP Protocol Denies Involvement in LIBRA Token Launch


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...

Bybit Hack Funds Funneled Through Meme Coins, Onchain Sleuth Reports


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...

Ye’s Crypto Coup: Did Kanye Sell His X Account to Meme Coin Influencers?


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...

Survey: 62% of FTX Creditors Flock to Solana Amid Reimbursement


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...

Is Hamster Kombat Coin Worth It? A Complete Analysis


Hamster Kombat is a Telegram-based cryptocurrency exchange simulator that offers an entertaining and interactive experience for earning coins while engaging […] The post Is Hamster Kombat Coin Worth It? A Complete Analysis appeared first on

Study: Political Memecoins Lead to Investor Disillusionment


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...

Coinbase CEO Sees Meme Coins as Gateway to Mass Crypto Adoption


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...

Solana Sentiment Turns Negative Amid Meme Coin Casino Allegations


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 Hayden Davis Says He Sent Money to Javier Milei’s Sister


Reporting from Coindesk has revealed that Hayden Davis, CEO of Kelsier Ventures, one of the entities behind the embattled memecoin Libra, allegedly boasted about sending money to Karina Milei, Argentinian President Javier Milei’s sister, months before the token’s scandalous launch that netted...

Solana’s Most Profitable Sniper


One man and his team racked up more than $100 million in memecoin profits via a trading method called “sniping.” Sniping Legend Nets More Than $100M in Memecoin Profits There are snipers, then there’s Naseem, the legendary trader who pocketed $100 million from the Trump...

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