The surge in celebrity-backed tokens, fueled by the frenzy for meme coins, has polarized the community. One such meme coin that has captured the market attention is that of American TV personality Caitlyn Jenner’s JENNER token. Jenner launched 12 meme coins on the Solana blockchain within a mere four days, reaping profits of 2,381 SOL,…
Nigerian artist Davido has been accused of perpetrating an “outright scam” after pocketing over $468,000 from selling his recently launched meme coin. A prominent Nigerian crypto enthusiast claims Davido’s actions create problems for many legitimate crypto businesses and startups operating in good faith. Davido Offloads Meme Coin Hours After Promoting It to Followers The Nigerian…
European Bitcoin exchange-traded products are losing big this year after competition ramped up overseas in the form of United States-based competitors. Data from Morningstar shows that European Bitcoin funds have suffered over $500 million in net outflows since January, despite the rising demand for Bitcoin itself during that time. Why Are Europe’s Bitcoin ETFs Losing…
Transak, a Web3 payments provider, has teamed up with blockchain development platform Cometh to introduce a streamlined fiat-to-Layer three (L3) onboarding solution. This new system reportedly simplifies the purchase of crypto assets directly on Cometh’s L3 blockchain, Arbitrum Orbit. Transak Partners With Cometh to Simplify Fiat-to-L3 Crypto Transactions According to the company’s announcement, Transak and…
PRESS RELEASE. Introducing HotDonkey, a revolutionary new memecoin set to redefine the cryptocurrency landscape. HotDonkey is more than just another digital currency; it is a vision, a movement, and a catalyst for transformative change in the world of finance. With its innovative approach, HotDonkey is poised to lead the way in the next generation of…
DMM Bitcoin, a subsidiary of DMM Group, has reported a significant security breach resulting in the theft of 4,502.9 bitcoin (BTC), valued at approximately $303 million. The Japanese cryptocurrency exchange detected the unauthorized transfer of funds from its wallet at 1:26 p.m. on Friday, May 31, 2024. In response, DMM Bitcoin has assured its customers…
Multi-chain token Dogeverse is preparing for one of the biggest meme coin launches of the year after raising more than $15 million in a red-hot presale. The project has gotten a ton of attention from meme coin traders and crypto analysts, many of whom believe the $DOGEVERSE token could deliver a 10x gain or more…
Chain-hopping meme coin Dogeverse is now in the final 3 days of its presale after selling more than $15 million worth of $DOGEVERSE tokens. The token will list simultaneously on decentralized exchanges on 6 of the biggest blockchain networks, including Ethereum, Solana, Polygon, Avalanche, Base, and Binance Smart Chain. The Dogeverse launch could be one…
Ethereum’s recent momentum appeared to have slowed down, largely due to the pause in ETF-related excitement. Despite this, there is a significant accumulation trend among large holders a.k.a whales, even as ETH’s price remains below $4,000. Massive Increase in Ethereum Whales According to the latest Glassnode data, shared by popular crypto analyst Ali Martinez, there…
[PRESS RELEASE – Sheridan, United States, May 31st, 2024] American Lands LLC Unveils Groundbreaking GreenForests Initiative and Launches The $Green Memecoin to Support Environmental Conservation American Lands LLC is thrilled to announce the launch of GreenForests, an innovative environmental conservation initiative aimed at preserving forests and wild habitats in the USA. As part of this…