Andrew Tate floated the idea of launching his own crypto token on Twitter, backed by $100 million of his own cash—but deleted the pitch when the reception he received wasn’t exactly a warm one. The self-proclaimed misogynist and accused human trafficker famously disavowed crypto last summer. “I do not have anything to do with any crypto,” he tweeted in all…
Month: February 2024
Larry David Lost Money on FTX Too—An ‘Idiot’ for Doing the Ad, He Says
Larry David, world-renowned for his blunt candor, is finally speaking out about his now-infamous appearance in a 2022 Super Bowl ad for FTX. And the comedian will be the first to say: In hindsight, he views his decision to legitimize the collapsed crypto exchange as pretty, pretty, pretty bad. “I asked people—friends of mine who were well versed in this…
Jupiter Founder Meow Unloads on the Solana Airdrop ‘FUD’
Jupiter Founder Meow Unloads on the Solana Airdrop ‘FUD’ Meow, the pseudonymous founder of Solana DEX aggregator Jupiter, made a surprise appearance today on Rug Radio’s “FOMO Hour” to address the JUP airdrop “FUD,” and explain why he believes the backlash to the team’s launch liquidity pool is unfounded. Source: https://decrypt.co/videos/interviews/YSpISivs/jupiter-founder-meow-unloads-on-the-solana-airdrop-fud
Jupiter Founder Brushes Off Airdrop Backlash: ‘People Don’t Understand Anything’
Jupiter’s pseudonymous founder Meow has heard the complaints about yesterday’s massive JUP airdrop on Solana, and he insists the critics have got it all wrong. “You know what I realized, guys? How many people don’t understand anything,” Meow said today on Rug Radio’s live “FOMO Hour” about crypto influencers pushing back on the drop. “They only understand buy/sell.” Solana decentralized…
Collapsed Genesis Agrees to Settle SEC’s Earn Lawsuit for $21M
Failed crypto lender Genesis has agreed to pay $21 million to settle a 2023 federal lawsuit alleging that the crypto company flogged unregistered securities. A Wednesday filing in the U.S. Bankruptcy Court in the Southern District of New York shows that Genesis will pay the cash to settle with the Securities and Exchange Commission (SEC). In January of last year,…
Bitcoin Ordinals Mint for Quantum Cats Delayed Again—What’s Going On?
Bitcoin-loving NFT collectors will have to wait a little longer to mint a Quantum Cats, organizers said in a tweet Wednesday night. The highly anticipated collection from Bitcoin Ordinals startup Taproot Wizards was initially meant to drop on January 30, but technical difficulties led to the event being pushed back to February 1. Today, Taproot Wizards says the “unique minting…
Bitcoin Billionaire Arthur Hayes: It’s Time to ‘Get Back on the Solana Train’
After the catastrophic collapse of FTX and the courtroom and bankruptcy wrangling that followed, some declared that Solana (SOL)—a favorite digital asset of convicted founder Sam-Bankman Fried—was doomed or even dead. But Arthur Hayes, the former CEO of BitMEX, has recently turned the spotlight on the blockchain, suggesting that it has a promising trajectory amid a volatile market landscape. “I…
‘Overwatch’ Esports League Bans Crypto, NFT, and AI Sponsors
Activision Blizzard’s high-profile Overwatch League franchise competition collapsed late last year after pandemic-related setbacks and teams’ economic struggles cut short its ambitions. Now, a new Overwatch competitive league is spinning up around popular hero shooter Overwatch 2—but it’s taking an anti-crypto stance. The Overwatch Champions Series, a more open competitive format overseen by prominent esports tournament operator ESL FACEIT Group,…
El Salvador Will Race Ahead With Bitcoin Plans If Bukele Wins Reelection
El Salvador isn’t slowing down its Bitcoin ambitions. Not if President Nayib Bukele wins on Sunday, anyway. Felix Ulloa, the country’s vice president, said in an interview this week that the largest cryptocurrency by market cap would remain legal tender in the Central American nation if Bukele remains in the role for another term. Speaking to Reuters, Ulloa added that…
Polygon Labs Cuts 60 Staff in Ethereum Scaler’s Latest Shakeup
Polygon Labs, the company behind Ethereum scaling network Polygon, laid off over 19% of its staff Thursday in the latest shakeup for one of crypto’s most popular blockchains. Some 60 Polygon Labs team members were informed on Thursday morning that their positions had been terminated, according to the company. A Polygon Labs spokesperson confirmed with Decrypt that the cuts were…