Ah, the whimsical world of the digital currency! Behold, as we find ourselves entangled in the farcical embrace of meme coins, those fleeting fancies born from nothing more than the transitory whims of the internet. Crypto executives and analysts, those eternal lovers of wisdom, find themselves compelled to deliver their sagacious musings as these coins … Read more
Picture this: a world where glitzy Hollywood and glittery Bollywood aren’t just for the fabulously rich or the obnoxiously famous. Enter the bonkers brainchild of Sheeraz Hasan, a man so good at spinning fame that if you threw a toaster at him, it’d end up starring in a blockbuster trilogy. Yes, dear reader, Hollywood.ai and … Read more
Ah, the Solana blockchain, that wretched stage upon which the farce of modern finance unfolds! Critics, with their sharp tongues and sharper pens, have branded it a veritable breeding ground for speculative assets, a den of iniquity where the foolish and the greedy frolic in a dance of folly. Yet, in the midst of this … Read more
Oh, the Intrigue! In a positively dashing move, the Tokyo darlings at Metaplanet scooped up a neat 68.59 BTC for a song at $96,335 a pop. Such economy! Their shares? Up a modest 1%. A mere trifle in the grand scheme of things, darling. Metaplanet (3350), with a twinkle in its eye, now boasts a … Read more
What to know: Well, bless my soul! The CoinDesk Memecoin Index is here to track the fifty biggest memecoins, including the likes of dogecoin (DOGE), shiba inu (SHIB), and floki (FLOKI) — a veritable circus of digital critters! The CoinDesk 100, on the other hand, is your trusty compass for the top hundred tokens by … Read more
What to know: On a rather unremarkable Thursday, the secondary token market known as SecondSwap decided to launch its mainnet on Ethereum. 🎉 SecondSwap employs a liquidity routing algorithm that’s so clever it could probably outsmart your average cat. 🐱 In a move that has everyone buzzing, the platform plans to expand to the Solana … Read more
In a most regrettable occurrence, the much-touted Ethereum Layer 2 platform, Abstract, has been compelled to recount the sorry tale of a breach that has seen the pilfering of approximately $400,000 worth of ETH from no less than 9,000 wallets, all in the name of Cardex, a so-called ‘blockchain-based game’ on its esteemed network. It … Read more
In a move that can only be described as both audacious and mildly amusing, Nigeria has decided to tax cryptocurrency transactions. Yes, you heard that right! The government is rolling out the red carpet for regulation while simultaneously polishing its revenue-boosting shoes. The new SEC rules are here to ensure that compliance is not just … Read more
Well, folks, the crypto train isn’t just chugging along—it’s barreling full throttle into the U.S., and Wintermute, the reigning wizard of cryptocurrency market-making, is riding shotgun. Buckle up, America: Wintermute is bringing its digital bag of tricks to the land of apple pie and bewildering tax codes. 🍎🧾 The brains behind Wintermute, Evgeny Gaevoy, spilled … Read more
The Gist: Memecoins, once a ‘fair’ trading opportunity, have been exposed as a rigged game. Scandals and insider trading have eroded trust in the sector. Carter predicts a shift towards quality token launches and regulatory scrutiny. Nic Carter, partner at Castle Island Ventures, declares the end of the memecoin era, an “unquestionably over” phenomenon. Memecoins, … Read more