Elon Musk, the tech magnate and vocal free speech advocate, sent a shockwave through social media on July 22nd, 2024, by changing his profile picture to one featuring glowing red eyes – a well-known symbol within the crypto community. This move comes amidst the backdrop of a highly politicized race for the US presidency, with
This week saw some notable, double-digit (in the millions, mind you) raises. We saw some more traditional finance-linked names raise significant sums, while a crypto-AI startup announced a multi-million dollar seed round. But leading the pack this week is Chainbase’s $15 million raise. The omnichain data network announced it raised the sum in a Series
If it wasn’t obvious before, it is now: Presidential favorite Donald Trump is a crypto influencer, whether he knows it or not. Trump recently hinted at expanding his suite of NFTs with a fourth collection. The NFTs have a direct line to Trump (one collection even comes with a physical card containing a piece of
Crypto traders are once again betting on the very serious business of presidential politics via very silly meme coins, including one for Vice President Kamala Harris that more than doubled in price Sunday. KAMA hit an all-time high of 2.4 cents in the minutes following President Joe Biden’s announcement that he was dropping his re-election
The following is a copy of the announcement made today by President Biden that he will not seek reelection: Disclosure Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated . CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide
U.S. President Joe Biden will end his campaign for a second term, he announced Sunday, sending meme coins tied to his campaign plummeting and slightly decreasing Republican nominee and former President Donald Trump’s chances on the Polymarket prediction market. Vice President Kamala Harris is now the leading contender for becoming the new Democratic Party nominee
Political meme coins reacted to President Joe Biden’s decision to end his reelection bid for the 2024 U.S. presidential election and endorse Vice President Kamala Harris as the Democratic nominee. Minutes after Biden’s announcement, the cryptocurrency market for political meme coins experienced notable fluctuations. The Kamala Horris meme coin surged by 110.4%, trading at $0.02403
Earlier this week, the ApeCoin decentralized autonomous organization initiated a proposal to launch an APE-themed hotel in central Bangkok. More than 91% of the votes are for the proposal, signaling strong support for the hotel’s opening. Screenshot of AIP-448 proposal | Source: ApeCoin DAO Voting for the ApeCoin (APE) hotel, initially named AIP-448, started on
WazirX co-founder Nischal Shetty has announced a bounty program to help the exchange recover or freeze funds stolen in the exchange’s recent hack. As reported earlier this week by crypto.news, the exploit saw losses amounting to more than $234 million in several cryptocurrencies. WazirX Team is actively working on next steps. 1. We’re preparing a
Seven-time NBA All-Star Scottie Pippen ignited a debate on social media Saturday by asking his more than 658,000 followers to choose between Ethereum and Solana. ETHEREUM or Solana?— Scottie Pippen (@ScottiePippen) July 20, 2024 The question inspired more than 4,000 responses as of Sunday afternoon. Many commentators said Pippen should choose neither Ethereum (ETH) nor