Barstool's Portnoy Sparks Controversy with GREED Token Pump and Dump Scheme
Dave Portnoy, founder of Barstool Sports, created and abandoned a meme coin called $GREED within one hour, causing a 90% price crash after selling his 35.79% stake. The controversial move, which netted him $258,000, was followed by the immediate launch of GREED2 token amid growing concerns about meme coin manipulation.
Trump Meme Token Announces President's Day Airdrop for Official Merchandise Buyers
The TRUMP meme coin project launches a President's Day promotion offering three tokens worth $48 to buyers of official Trump merchandise and collectibles. The initiative targets customers who purchased items like NFTs, sneakers and watches before February 15, with claims open until March 1.
Argentine President Faces Criminal Charges Over $4.5B Crypto Token Collapse
President Javier Milei faces fraud charges after endorsing $LIBRA token that crashed 94% following insider sales of $107M. The scandal has triggered impeachment calls and criminal investigations into the president's role in promoting the failed cryptocurrency project.
DeepSeek AI Token Surge: 600% Rally Raises Red Flags for Investors
Cryptocurrencies themed around AI company DeepSeek have experienced explosive growth, with one token surging 600% in 24 hours. While the rally reflects growing AI-crypto convergence, investors face significant risks due to unverified metrics and lack of official backing.
Viral Memecoin Launch Drives Pump.fun to Record-Breaking $15M Daily Revenue
Solana-based platform Pump.fun hit a new milestone with $15.38M in single-day fees, driven by the viral launch of Vine Coin backed by the app's co-founder. The platform's meteoric rise includes processing $4B in recent trading volume despite growing competition and regulatory scrutiny.
Nasdaq X Account Hack Leads to $123M Memecoin Scam
A cybersecurity breach of Nasdaq's X social media account was exploited to promote a fraudulent 'STONKS' cryptocurrency that briefly reached $123M market value. The incident highlights growing concerns about social media security and cryptocurrency scams targeting major financial institutions.
CME Group Dispels Rumors of Imminent XRP and Solana Futures Launch
CME Group clarifies that no official decision has been made on XRP and Solana futures contracts after specifications briefly appeared on their beta website. The incident sparked market reactions and discussions about expanding regulated crypto investment products despite the organization's swift retraction.
TRUMP Meme Coin Attracts Wave of First-Time Crypto Investors
A recent survey reveals that 42% of TRUMP meme coin investors are cryptocurrency newcomers, with the Solana-based token reaching a $14 billion market cap. The politically-charged token has sparked debate within the crypto community while generating record blockchain fees and substantial market inflows.
Market Excess: Hedge Fund Manager Warns of 'Fartcoin' Era in Crypto Trading
Greenlight Capital's David Einhorn raises concerns about speculative cryptocurrency trading, highlighting the $2 billion 'Fartcoin' phenomenon and Trump-related memecoins. His firm responds with strategic trades while warning about market rationality amid renewed optimism.
Ethereum Foundation Faces Backlash Over Controversial ETH Token Sales
The Ethereum Foundation's recent ETH sales totaling over $670,000 have sparked intense criticism from the crypto community, particularly after a foundation employee's defense backfired. While competitors like Solana gain momentum, Ethereum grapples with maintaining investor interest amid its technical development focus.