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“# Internet Computer (ICP) logs revenge recovery after crashing 95% since launch ” Internet Computer (ICP) rose to spotlight among day-traders after rising 41.69% on Sunday. The ICP/USD exchange rate closed the session at $42.98 after correcting lower from its intraday high of $45.01. At its quarter-to-date low, the pair was trading at $28.31. Meanwhile,…
“# ‘I have nothing’: Imprisoned John McAfee claims his crypto fortune is gone ” Software antivirus pioneer John McAfee has told his one million Twitter followers that his entire crypto fortune is gone — although he concedes not everyone will believe he’s telling the truth. The McAfee antivirus founder has been behind bars in Spain…
“# This unknown cryptocurrency soared by 164,842% in hours, only to crash 99% ” About $7.65 billion entered the cryptocurrency market in just three hours via a widely unknown altcoin on June 14. Dubbed as WebDollar (WEBD), the token’s per-unit price surged from $0.0003711 to $0.6121 between 0900 GMT and 1200 GMT. That marked a…
“# Sygnia CEO criticizes Elon Musk for alleged Bitcoin pump and dump ” Magda Wierzycka, one of the richest women in South Africa and CEO of financial services company Sygnia, said Tesla CEO Elon Musk would likely have been investigated by authorities regarding recent allegations over his manipulation of crypto prices — if his target…
“# Dogecoin price dumps, but whodunnit? Whales, institutions or retail traders? ” Most recently, DOGE pulled off a 10x gain as it rallied to $0.74 in the past week. The breakout was fueled mainly by Tesla CEO Elon Musk and his constant mentions of the token on social networks and interviews. Surprisingly, as Musk debuted…
“# Grifter season in DeFi-land, and Uniswap v3 is here! Finance Redefined 4/28-5/05 ” Lots of cons, no artistry It’s grifter season: scams and opportunists run amok, and it’s harder than ever to tell who to trust. Case and point: over the weekend, an influencer by the pseudonym “Crypto Spider” was found to have pumped-and-dumped…
“# Finance Redefined: Puff, puff, pump on 4/20! April 16-21st ” Loyal Finance Redefined readers: Hi, I’m Andrew. My inestimable colleague Andrey, the previous compiler of this newsletter, is stepping away from Cointelegraph in order to build [REDACTED], leaving me to take over lettering the news. While I’m thrilled he’ll be keeping around the DeFi…
“# Coinbase insiders dump nearly $5 billion in COIN stock shortly after listing ” Insider activity reports for Coinbase’s COIN stock indicate that multiple early investors and executives dumped billions in equity shortly after COIN’s direct listing, with at least one C-suite director cashing out their stake in the cryptocurrency exchange entirely. Data from Capital…
“# Dogecoin hasn’t always been a ‘fun meme coin’ ” Dogecoin (DOGE) might look like a fun meme coin, particularly as its price has absolutely skyrocketed in 2021. But behind the innocent Shiba Inu dog cartoon are some horrific stories. Those buying the cryptocurrency due to shilling and jokes from Tesla and SpaceX CEO Elon…
“# Traders, influencers lick their wounds after vicious Dogecoin dump ” After a pump that highlighted the power of crowd mania and meme magic, Dogecoin has tumbled nearly 40% in a retreat from $.06 Friday highs, falling as low as $.033 this morning. For the influencers and Wall Street Bets refugees who joined in on…