98.6% of memecoins on pump.fun fail to even launch
Pump.fun crypto memecoins that make it onto Raydium have fallen since February and have remained “stagnant” at around 1.41% for months.
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Bitcoin still beating US dollar versus ‘eggflation’ — Fed data
Bitcoin (BTC) is beating inflation better than the U.S. dollar, the Federal Reserve says — unintentionally.In a blog post first released in June 2022 and since updated, the St. Louis Fed compares buying eggs with BTC compared to USD — still with surprising results.Bitcoin vs. US dollar: "Eggflation" has gone nowhereBitcoin hodlers arguably have many

Crypto investors spent $4.6B buying ‘pump and dump’ tokens last year
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‘We screwed up’ — Coinbase CLO responds to outrage after exchange associated Pepe with hate groups
Paul Grewal said Coinbase was attempting “to provide a fact-based picture of a trending topic” to its users when saying Pepe "has been co-opted as a hate symbol" by certain groups. 127 Total views 1 Total shares Coinbase chief legal officer Paul Grewal has issued an apology after the crypto exchange sent out an email…

Half of Cash App’s Revenue Now Comes From Bitcoin
Square’s Cash App derived half of its fourth-quarter revenue from Bitcoin (BTC) services.According to a shareholder letter published on Feb. 28, Bitcoin revenue amounted to $178 million during the fourth quarter of 2019, while combined non-Bitcoin revenue totaled $183 million.In total Bitcoin accounted for more than half a billion dollars of revenue across 2019, equating…

Celer Network shuts down bridge over potential DNS hijacking
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DeFi Meets CryptoKitties: Axie Infinity to Introduce Governance Token
Axie Infinity is now the 11th-ranked NFT game by lifetime trade volume following a surge in players eager to get their hands on the platform’s governance token. DeFi is converging with non-fungible tokens (NFTs), with the Ethereum-powered game Axie Infinity seeing a spike in users ahead of the expected launch of the project’s governance token.Axie…

Financial Firm Offers ‘Almost Instantaneous’ Loans Up to $30,000 With Crypto as Collateral
A financial company is giving crypto holders the opportunity to take out cash loans while using their digital assets as collateral.YouHodler — whose name is inspired by the term “HODL” — says its product gives the community a way of accessing money without selling their investments.The platform offers loans from $100 to up to $30,000 —…

Crypto Exchange Gate.io Removes StatCounter Service Following Report of Security Breach
Crypto exchange Gate.io has removed web analytics tool StatCounter from their website following a breach report by cybersecurity firm ESET, according to an official blog post published today, Nov. 7.The company has reported that they immediately removed StatCounter's traffic stats service after receiving a security notice by ESET about suspicious behavior. Gate.io claimed they subsequently…