Libra founder: Memecoin critics only ‘bitch’ when left out of insider deals
Libra token founder Hayden Davis claims memecoin critics are just upset they missed insider deals, defending the controversial practice in a Coffeezilla interview.
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3 red flags that signal a crypto project may be misleading investors
Satoshi Nakamoto left a large pair of shoes to fill after releasing the code for Bitcoin (BTC) to the world, helping to establish the network, then vanishing without so much as a trace. Over the years, the crypto ecosystem has seen many developers and protocol creators rise in stature to become crypto messiahs for faithful holders…

Report: China to tighten rules around releasing generative AI tools
Sources close to Chinese officials say the draft rules for AI developers have been updated to include acquiring a license before releasing generative AI systems. The Chinese government is now considering additional regulations on artificial intelligence (AI) development that emphasize content control and licensing. A July 11 report from the Financial Times revealed that China’s Cyberspace…

Aave price hits two-month high on Wall Street’s DeFi adoption hopes
Demand for Aave has boomed dramatically in the previous 24 hours as traders assessed its involvement in Bitwise Investment’s upcoming institutionally focused investment vehicle.The San Francisco-based asset management firm announced Wednesday that it would invest directly in Aave to back its “Bitwise Aave Fund,” a fund created to build a bridge between accredited investors and…

Bitcoin fees remain low despite price surge but Vitalik says they could soar
Bitcoin transaction fees are less than 10% of their 2017 highs, but Vitalik Buterin believes it’s only a matter of time before they soar back up. 2194 Total views 18 Total shares Despite Bitcoin’s surge to re-test its 2017 highs, a combination of low on-chain transactions and diminished retail speculation has seen transaction fees remain…

Is Bitcoin really a hedge against inflation?
Bitcoin is working as a hedge against inflation despite its 2022 weak price performance, says Steven Lubka, managing director of private clients at Swan Bitcoin. 777 Total views 8 Total shares While Bitcoin (BTC) has failed in countering this year's rampant global inflation, it should still be considered as an inflation hedge, says Steven Lubka,…

Two Bitcoin whales buy $142M BTC after Trump’s win
The two whales have acquired $142 million worth of Bitcoin since Trump’s victory in the US election was confirmed, showing growing investor demand for Bitcoin.

Goldman Sachs ‘Looking at Potential’ of Creating Virtual Currency, CEO Reveals
Goldman Sachs is performing “extensive research” on tokenization, the group’s chief executive told France’s Les Echos newspaper on June 27.David Solomon said he believes global payment systems are heading in the direction of stablecoins — cryptocurrencies pegged to fiat assets such as the U.S. dollar.Although he stopped short of confirming whether Goldman Sachs has had…

Crypto chatter about ‘buying the dip’ hits 8-month high: Santiment
The ratio of mentions on social media of “buying the dip” ramped up as Bitcoin dropped below the six-figure price level, according to Santiment.