The social media star is said to have promoted an animal-themed Solana memecoin that went bust soon after it was launched. Mario Nawfal Allegedly Promoted Questionable CHILLA Memecoin When the owner of a social media platform, who also happens to be the world’s richest man, endorses someone, others pay attention. This is partly how 30-year-old […] Source: https://news.bitcoin.com/is-elon-musks-protege-mario-nawfal-shilling-memecoins/
Wallets tied to recently freed Silk Road creator Ross Ulbricht listed tokens at the wrong price, which were then snapped up by a bot. Source: https://cointelegraph.com/news/ross-ulbricht-wallets-lose-12-million-memecoin-trading-arkham?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana-based ridesharing app Teleport shut down just eight months after it publicly launched its app, citing a lack of market readiness for decentralized ridesharing. Source: https://cointelegraph.com/news/solana-ridesharing-app-teleport-shuts-down?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
On Thursday, the U.S. Securities and Exchange Commission expedited approval for the Bitwise Bitcoin and Ethereum ETF, allowing it to be listed and traded on NYSE Arca. Bitwise’s hybrid ETF will offer investors direct exposure to Bitcoin (BTC) and Ethereum (ETH) in a single fund with Coinbase’s custody business to oversee the fund’s holdings. “I really want to interpret this…
A proposed class-action suit alleged all crypto tokens on Pump.fun are “unregistered security memecoins” that earned the platform nearly $500 million. Source: https://cointelegraph.com/news/pump-fun-sued-claims-all-memecoins-securities?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The EU’s MiCA regulations, which took effect for stablecoins, have led some exchanges to delist Tether’s USDT. However, some experts argue that the new rules will ultimately benefit both stablecoin issuers and users. USDT Delisting Could Lead to Market Disorder With Europe’s stablecoin regime under its Markets in Crypto-Assets (MiCA) regulations now in full effect, […] Source: https://news.bitcoin.com/crypto-industry-divided-on-europes-mica-regulations-as-tether-delistings-continue/
Coinbase intends to launch cash-settled Solana futures contracts on its regulated derivatives exchange as it attempts to expand its offerings to bolster its bottom line and compete with established players. “We are actively working with the Commodity Futures Trading Commission to file and list Solana futures on the Coinbase Derivatives Exchange,” a spokesperson confirmed with Decrypt late Thursday. If approved,…
The Nelk Boys are accused of being “snake-oil salesmen” in a lawsuit that claims their Metacard NFT project “failed to deliver” to buyers. Source: https://cointelegraph.com/news/nelk-boys-nft-project-failed-deliver-suit-claims?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Jailed FTX founder Sam Bankman-Fried’s (SBF) parents are reportedly seeking a pardon for their son from U.S. President Donald Trump. Trump’s Pardon Wave Sparks Frenzy—Is SBF Next in Line? The parents of jailed FTX founder Sam Bankman-Fried (SBF) are reportedly working to have U.S. President Donald Trump pardon their son. According to a Bloomberg report, […] Source: https://news.bitcoin.com/ftx-founders-parents-push-for-pardon-after-trumps-ross-ulbricht-decision/
The US securities regulator has given the initial nod to Bitwise’s ETF tracking Bitcoin and Ether, weighted according to their relative market capitalizations. Source: https://cointelegraph.com/news/sec-initial-approval-bitwise-bitcoin-ethereum-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
