The YouTube influencer doesn’t appear to have broken any laws, but his actions have sparked ethical concerns within the crypto community.
Altcoin news
Bitcoin’s rise above $66,500 could open the doors for a rally to new highs and altcoins look set to follow.
TD Bank facilitated more than $1 billion worth of bank transfers from two international crypto platforms, according to FinCEN.
Despite the concerns, the SUI token staged an over 120% rally in the past month.
Vitalik Buterin has donated $884,000 to charities over the last ten days as memecoiners continue to send tokens to his wallet.
An a16z-funded AI bot called Truth Terminal did not launch a memecoin called GOAT, but it did endorse the token and sent it briefly rallying to a value of just over $150 million.
In 2022, the Avalanche Foundation sold 1.97 million AVAX worth $100 million at the time to Terra’s foundation before its collapse. It’s now buying it all back for $45.5 million.
Uniswap Labs and UNI tokenholders will benefit the most from Unichain, while ETH holders will likely see the biggest loss, says DeFi Report founder Michael Nadeau.
Memecoins experienced double-digit gains during September 2024, primarily driven by new token creation on the Solana and Tron networks.
According to a recent gaming survey from Elympics, approximately 57% of respondents said they played pay-to-win games to collect airdrops.