Traders lose millions as memecoin downturn deepens
A trader who invested over $1 million in memecoins lost almost 90% of the funds in two days as meme-based tokens dropped.
Related Posts


Top 10 Crypto Deals in 2017 Returned Over 136,000% on Average, Report Shows
Research into the top ten crypto deals in 2017 based on their investment returns (ROI) has revealed that on average each returned over 136,000 percent, according to data shared with Cointelegraph by Crypto Finance Conference (CFC) analysts July 27. Out of all the crypto projects that raised a minimum of $1 million in 2017, IOTA…

Marshall Islands Launches National Crypto With ‘Fixed Supply’
The Marshall Islands has issued a national blockchain-based currency in a bid to “finally acquire monetary independence in a way that reflects Marshallese values.”The issuance of the Marshallese sovereign (SOV) was announced in an essay by The Honorable David Paul — Minister In-Assistance to the President and Environment of the Marshall Islands — published by…

Algorand Joins Trade Association to Further Blockchain Adoption
The Wall Street Blockchain Alliance welcomes Algorand to their team as a corporate member. 2348 Total views 50 Total shares The Wall Street Blockchain Alliance, or WSBA, announced on April 23 that the proof-of-stake cryptocurrency platform, Algorand, has joined their alliance as a corporate member.According to the post, Algorand is teaming up with many of…

Bitcoin trading volumes post new high in Philippines peso on Paxful
Weekly Bitcoin trading volumes in the Philippines peso grew steadily on Paxful this year and eventually hit a new high in July. 447 Total views 23 Total shares Despite some level of regulatory uncertainty around cryptocurrency in the Philippines, one platform has recorded a massive influx of Bitcoin (BTC) trading activity recently.Bitcoin trading volumes in…

NFT platform Enjin forks Polkadot parachain Efinity to new mainnet
Enjin chief technology officer Witek Radomski said the new blockchain aims to promote creativity by facilitating the easy and affordable creation and distribution of NFTs. 475 Total views 3 Total shares Nonfungible token (NFT) platform Enjin has announced its transition to a new mainnet called Enjin Blockchain, aiming to further Web3 adoption. Following the transition,…

Bitcoin due new ‘big rally’ as RSI copies 2018 bear market recovery
There is plenty to be optimistic about when it comes to further BTC price gains, RSI analysis concludes. 1237 Total views 8 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) is in for a new “big rally” as market strength copies conditions from after the 2018 bear market.According to…

Ethereum ETF decision due in hours as BTC price gets $80K May target
Bitcoin and Ethereum markets face a crunch day with volatility predicted around the Ether ETF decision.

Crypto Biz: FTX clawbacks, Genesis silver lining?
As FTX seeks clawbacks on political donations, Digital Currency Group and its bankrupt subsidiary, Genesis Global Trading, have reached an agreement on restructuring. 46 Total views 22 Total shares Own this piece of history Collect this article as an NFTRemember when Sam Bankman-Fried admitted to being a significant donor to the Democratic and Republican parties?…