Tag Archives: Coin

Trump invites top 220 investors to private dinner to discuss his memo coin

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Amazing online announcement Called “the most exclusive invitation in the world,” he followed a tour of the White House with President Trump, a “intimate private dinner” at a Virginia member-only golf club.

Seats will be reserved for each of the top 220 investors in Trump, the cryptocurrency he launched the eve of his inauguration.

On Wednesday, the coin’s biggest buyers announced that they will be invited to meet him, in an astonishing escalation of the Trump family’s efforts to profit from Crypto, a website promoting Trump, the president’s so-called memo coin. The effort was effectively an offer of access to the White House in exchange for an investment in one of Trump’s crypto ventures.

“Get dinner with President Trump and the $Trump community!” the invitation said. “Please let the President know how many card coins you own!”

For months, Trump’s foray into the code has created ethical conflicts with almost precedent in presidential history. When he sold digital currency to the public, Trump also appointed regulators that were cutting crypto enforcement, calling for legislation to boost the outlook for the US industry.

As news of dinner invitations spread across social media, Memecoin’s prices have skyrocketed by over 60%, suggesting investors are in a hurry to accumulate enough coins to compete in the dinner table.

“This is really incredible,” said Corey Frayer, who oversaw the Securities and Exchange Commission’s crypto policy during the Biden administration. “They are making their payment agreements explicit.”

Business entities associated with Trump mean that at least on paper earn a personal profit whenever prices rise. Trump and his business partners also collect fees when the coins are traded. This is a windfall that reached around $100 million in the weeks since the coin debuted in January.

Victoria Haenman, a law professor at Clayton University, said the offer raised concerns about the ways Trump and his business could “manipulate to benefit from the presidency.”

Earlier this year, the SEC issued official guidance that MemeCoins, a kind of cryptocurrency based on online jokes and celebrity mascots, is not subject to agency surveillance. Crypto skeptics criticized the policy as a dangerous move that could open the door to ramp-stretched scams by the Memecoin promoter.

As president, Trump has broad immunity from laws governing conflicts of interest. It was pointed out In the past. White House representatives did not immediately respond to requests for comment. Trump’s son Eric declined to comment, helping to run the Trump organization, sponsoring $Trump’s coin.

Once a cryptocurrency skeptical, Trump embraced digital currency on last year’s campaign trail.

In the fall, Trump and his sons, Donald Jr., Eric and Baron, said they were starting World Liberty Financial, a company that offers digital currency called WLFI. So far, $550 million of these coins have been sold. According to the company.

Shortly afterwards, Trump’s social media company Trump Media and Technology Group was to provide crypto-related financial products to amateur investors and announced a partnership with digital trading platform crypto.com.

However, Trump’s Memecoin venture is gaining the most attention.

Just three days before taking office, Trump posted about his social media site Truth Social that he was selling coins. $Trump’s sales quickly surged, and the presidential election became a crypto billionaire on paper.

Memecoin tended to rise and fall quickly, and $Trump’s price quickly became a crater. Traders who accumulated coins suffered cumulative losses of over $2 billion.

The dinner announcement seemed calculated to ignite more interest in the coin.

When $Trump was sold in January, a large stash of coins was assigned to supporters of the project. However, rules built into the offering prevented insiders from selling coins Until last weekincreasing the fear that they’ll try to offload their holdings and lower the price of $Trump even further.

Instead, prices gradually rose a few days before the invitation was announced, and spiked when the announcement was published.

On the Memecoin website, the $Trump promoter set up the leaderboard of Coin’s biggest investors. This essentially allows buyers to track their locations in rankings. Dinner invitations will be sent to “the top 220 Trump owners with an average of $220” between April 23rd and May 12th, the website said. The top 25 buyers will get access to a reception with Trump and a White House VIP tour before dinner. (At this point, the 25th investor on the chart owns around 4,000 coins, worth around $54,000.

“The more you hold a card and the longer you hold it, the higher your rankings.” The website said.

Dinner with Trump is scheduled to take place at Trump National Golf Club on May 22, the website calls it “the most exclusive life invitation.”

Source: www.nytimes.com

Meme coin boom following President Trump’s election waves the flag of pure gambling in cryptocurrency markets

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The attention economy can be likened to a phenomenon involving a social media-created celebrity named “hawk tua girl” Hayley Welch. She played a pivotal role in the launch of a cryptocurrency asset named Hawk Memecoin, which quickly gained enormous traction before facing backlash.

Initially valued at $490 million (£385 million) on December 4, the Hawk Memecoin has now exceeded its market capitalization and is valued at $17 million. Welch, a Tennessee native, rose to fame after responding to provocative interview questions but faced criticism for allegedly deceiving her social media followers.

Critics like cryptocurrency commentator Steven Findeisen, also known as Coffeezilla, labeled Hawk’s launch as a “rug pull,” which involves hyping a crypto project for short-term gains and then abandoning it. Despite the controversy, Hawk Memecoin is still being traded, with Welch stating that her team has not sold any tokens.

The rise of meme coins like Hawk reflects the growing trend within the cryptocurrency market, with meme coins collectively valued at $118 billion compared to $20 billion at the start of the year. These coins flood the market, with platforms issuing thousands of tokens daily.

Experts argue that meme coins lack fundamental value and are merely tied to digital trends. Memecoins blend the essence of memes and cryptocurrencies, leveraging social media attention to drive speculation and investment.

Meme coin trading often revolves around internet trends and influencer endorsements, creating a speculative environment with unpredictable outcomes. Participants acknowledge the speculative nature of memecoins, likening their trading to gambling but with the potential for significant returns.




Bitcoin’s value surpassed $100,000 for the first time a month after President Trump’s victory. Photo: Kevin Wurm/Reuters

Source: www.theguardian.com

Discovery of Silver and Bronze Coin Hoard from Gallus Revolt Unearthed in Israel

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Jewish Revolt Constantius Gallus, alias Gallus' RebellionThe Roman Civil War of 351-354 AD broke out during the Roman Civil War and was the last Jewish revolt against Rome.

Bronze and silver coins from the 4th century AD found at Lod in central Israel. Image courtesy of the Israel Antiquities Authority.

The 1,650-year-old treasure was discovered by archaeologists from the Israel Antiquities Authority (IAA). rodcentral Israel.

The treasury contains 94 silver and bronze coins dating from 221 to 354 AD.

“The most recent coins date to the period of Gallus' revolt (351-354 AD),” the IAA archaeologists said.

“Documentary evidence for the revolt is scarce, but there are documents that document the destruction of major Jewish communities, such as Lod, Tzipori, and Tiberias, by the armies of Constantine Gallus.”

Also found were impressive stone and marble artifacts, inscriptions in Greek, Hebrew and Latin, and inscriptions bearing the names of Jewish men of priestly descent.

“This is probably a magnificent Jewish building where the city's elders lived,” said IAA archaeologists Shahar Crispin and Mol Wiesel.

“We know from Talmudic texts that Lod was the most important center for the Jews after the destruction of the Second Temple in Jerusalem.”

“Famous 'Sages of Rod' include Rabbi Eliezer ben Horcanos, Rabbi Tarfon, Rabbi Akiva and Rabbi Yossi Hagalili.”

“The building, destroyed down to its foundations, is a clear indication that the rebellion was forcibly put down with violence and brutality, and was not merely a localized uprising as previous studies have claimed.”

“This is the only evidence so far of the scope and power of this rebellion in Lod, which is in the heart of the country.”

“It is difficult to determine whether this magnificent building was used as a synagogue, a study hall, a meeting place for the elders, or all three functions combined,” said IAA professor Joshua Schwartz.

“What is clear, however, is that the size of the buildings, the coin deposits, and the assemblage of archaeological finds produced by the excavations fit well with the description of Lod/Diospolis as depicted in both Jewish and non-Jewish sources as a center of Torah-faithful Jewish life during the Mishnaic and Talmudic periods.”

“Lod's role as a leading community with elders continued from the time of its destruction until this moment, when it was brutally destroyed in the Gallus Rebellion.”

“The incredible finds made here reinforce our commitment to researching and protecting Rod's history and rich heritage,” said IAA director Eli Escuse.

“Together with the city's new exhibition centre with its beautiful rod mosaics, we will bring this building into public awareness.”

Source: www.sci.news

Dogeverse, a new meme coin ICO, raises $6 million following completion of Coinsult audit

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London, UK, April 17, 2024, Chainwire

New multi-chain meme coin, dogeverseraised $6 million in pre-sale and recently passed smart contract audit.

The new meme coin leverages bridge technology to make tokens available across the most prominent on-chain markets.

Multi-chain approach enables broad accessibility

Dogeverse’s approach to multi-chain availability means that tokens are available across major smart contract-enabled blockchains.

The work is starting with Ethereum, BSC, and Polygon, and will soon be coming to Solana, Base, and Avalanche.

This approach makes Dogeverse more versatile and allows Dogeverse to maintain itself even as users migrate from one of the supported chains to another.

Multichain functionality connects different blockchain communities under one meme coin banner.

Dogeverse raises $6 million as meme coin saga continues

The meme coin market has recently dominated the crypto industry, with a total valuation of over $45 billion.

The presale includes a staking mechanism that generates Dogeverse tokens, and this mechanism works so that the yield decreases as the staking pool grows.

Blockchain security company Coinsult implements smart contracts audit About the new pre-sale meme coin.

According to the findings, Dogeverse has no high- or medium-risk smart contract issues and only one low-risk bug. However, Coinsult points out that the Dogeverse team has acknowledged the issue.

Data shows that Dogeverse is receiving engagement and growth on social media. Within last week, dogeverse x account has over 4K followers, dogeverse telegram The number of accounts has exceeded 2,000.

The project has also been covered by media and market analysts such as ClayBro. to support It is a “multi-chain utility”.

On the other hand, cryptogain was praised It launched the project and notified investors that the exchange's launch would take place soon.

About Dogeverse

Dogeverse is a new meme coin launching on six major smart contract-enabled blockchains. A pre-sale is currently underway that introduces a staking mechanism, encouraging users to lock up their tokens for passive rewards.

Dogeverse presales began in April 2024 at thedogeverse.com with a hard cap of $17 million. It has raised $6 million so far. The project's smart contract was recently audited by Coinsult.

Market participants can access Dogeverse pre-sales here.

contact

dogeverse
contact@dogeverse.io

Source: www.the-blockchain.com

Is SHIBA INU or PEPE COIN the Next Big Success Stories? – Latest News, Expert Analysis, Jobs in Blockchain

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Written by Enoch Muthembei

The virtual currency market has been in a bullish trend recently, and BEFE among Pepecoin and Shiba Inu is not left behind. These cryptocurrencies are currently in a bull market, with investors worried they may have missed a meteor.

Befe, a meme coin inspired by Pepe Coin’s frog meme. This cryptocurrency will debut on the market in November 2023, following in the footsteps of SHIBA INU and PEPE coins. Here, we explore the upward trajectory of BEFE coin, which shows success like PEPE coin and SHIBA INU.

BEFE coin price soaring

As of this writing, the price of BEFE meme coin is $0.0004294. This price shows a positive trajectory of +5.63% for the day.

BEFE unnamed

BEFE/USDT price on March 20th 17:33 UTC (Image source: TradingView)

According to the data, the coin has been trading with a volume of $375,104.19 in the past 24 hours, giving it a market cap of $43.76 million. coin market cap.

Although the bull market is still in its infancy, this token has taken center stage among other tokens that have hit new highs over the past few weeks.

What’s behind BEFE’s price hike?

One of the factors driving BEFE’s recent price movement is the bullish market in Pepecoin and Shiba Inu Bitcoin. Bitcoin’s bull run has caused turmoil throughout the crypto industry and has had ripple effects on several other cryptocurrencies, including BEFE.

Another factor contributing to the bull market is its simplicity and cross-platform trading ability. Befe Technology infrastructure.

Future price prediction

BEFE’s market performance speaks volumes compared to PEPE Coin and SHIBA INU due to the significant price increase in recent months. This coin currently has high buy market sentiment similar to Pepe Coin and Shiba Inu. Experts predict that the cryptocurrency is poised for explosive growth similar to what was seen in the past with Pepecoin and Shiba Inu.

However, this futuristic price trajectory is based on factual market trends, not just a fad. Moreover, BEFE holders and investors expect this coin to be listed on Binance next to Pepecoin and Shiba Inu in the near future.

From Meme to Mainstream

BEFE Crypto goes beyond classic meme coin speculation and is no longer just a meme coin. This token combines purpose and utility, a unique combination that sets it apart from PEPE Coin and SHIBA INU. Due to this, virtual currencies are attracting a lot of attention among investors.

If you’re considering investing in Pepe Coin, Shiba Inu or BEFE cryptocurrencies, it’s not just a matter of buying due to the hype. That means investing in cryptocurrencies that promise high performance in the market, whether it’s Pepecoin, Shiba Inu, or BEFE. But always do a DYOR before investing.

Source: the-blockchain.com

Coin Cloud, the Bitcoin ATM company, has been hacked and even the new owners are unsure of how it happened.

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In November, cybersecurity collective vx-underground wrote on X (formerly Twitter): An unknown hacker claimed to have infiltrated Coincloud.a bankrupt Bitcoin ATM company.

According to vx-underground, the hackers claim to have stolen 70,000 customer photos taken from cameras embedded in ATMs, as well as the personal data of 300,000 customers. Name, surname, email address, phone number, current occupation, address, etc.

No one has publicly claimed hacking. A month later, what actually happened to Coin Cloud remains a mystery, even to the company’s new owners.

Coin Cloud was a company that managed thousands of Bitcoin ATMs in the United States and Brazil. According to the official website, to the company Filed for bankruptcy in February. In July, genesis coinanother Bitcoin ATM provider, acquired 5,700 ATMs from the defunct Coin Cloud. According to a press release issued at the time. Genesis Coin itself was acquired by Andrew Barnard and his associates in early January. Owned another cryptocurrency ATM company called Bitstop.

inquiry

Do you have more information about the Coin Cloud hack? We’d love to hear from you. Lorenzo Franceschi-Bicchierai can be reached securely on Signal (+1 917 257 1382), Telegram, Keybase and Wire @lorenzofb, or email lorenzo@techcrunch.com. He can also be reached at TechCrunch via SecureDrop.

Mr. Bernard, who serves as CEO, Bitcoin ATMThe company, which rebranded itself after purchasing some of Coin Cloud’s assets in bankruptcy proceedings, told TechCrunch that his company launched an investigation following vx-underground’s tweet, but is unsure when the breach occurred or who identified it. He said he was unable to conclude whether he was responsible. He himself described the incident as a “mystery”.

“Coin Cloud has been hacked multiple times in the past when it was still a commercial company, so the data breach happened a while ago,” Bernard said. “I think the data is being held to ransom right now. It’s impossible to say. [when] There is little control throughout the software development process, with multiple international contractors having access to source code containing secrets. [database]” Bernard said in an email.

“Based on the information we have been shown, it does not appear that any services maintained by Coin Cloud have been recently compromised,” Barnard added. “Therefore, it is reasonable to think that this is data that was already stolen when Coincloud was hacked previously. It is an assumption, but a reasonable one. It’s impossible to say exactly what was compromised; so many vendors and internal employees had access to it that the same thing may have happened at different times over the years. ”

Barnard said that if someone were to obtain the source code containing the database’s administrator credentials, the hacker “would have access to all the files.” [Know Your Customer] Customer information. ”

Know Your Customer (KYC) is a check performed by technology and financial companies to verify a person’s identity to prevent fraud and money laundering. KYC checks often rely on customers submitting scans of their identification documents.

A former Coin Cloud employee told TechCrunch on condition of anonymity that Coin Cloud was “an absolute disaster to work for.”

“We didn’t have a security team,” the former employee said, adding that Coincloud had been hacked at least once in the last year and believed the company stored much of its data in plain text, meaning it wasn’t encrypted. He added that

Source: techcrunch.com