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Argentine lawyer Gregorio Dalbon has reportedly asked for a global arrest warrant to be issued for Hayden Davis, the co-creator of the LIBRA token that caused a political scandal in the country.Dalbon submitted a request to prosecutor Eduardo Taiano and judge MarĂa Servini, who are probing President…
Eduardo Taiano, Argentine Federal prosecutor, is investigating the $LIBRA scandal, focusing on President Javier Milei and other people associated with the token. During the scandal, around $110 million was accumulated. Authorities seek international assistance to track down the transactions and free…
Rep. Sam Liccardo (D-Calif.) will introduce Thursday a bill that would block the president, members of Congress and other senior officials, as well as their spouses and children, from issuing or sponsoring securities and cryptocurrencies like memecoins, according to a draft of the bill seen by the A…
The LIBRA memecoin scandal has raised doubts about the future of memecoins.On Feb. 14, Argentine President Javier Milei promoted LIBRA on his official social media accounts, sending its price soaring. Soon after, the token crashed, wiping out 95% of its $4.5 billion valuation and leaving traders wit…
CryptoQuant CEO and analyst Ki Young Ju recently said, "Memecoins are archetypes of the collective unconscious" — a concept coined by 20th-century psychologist Carl Jung to describe shared memories and symbols passed down through generations that underpin shared human culture.In two Feb. 23 X posts,…
Bitcoin quickly bounced back from the Tuesday dip to $93,000, but downside pressure still persists risking a deeper pullback to $86,000, CryptoQuant analysts said. Waning demand, faltering blockchain activity and lack of liquidity inflows to crypto are among the factors that could drag BTC lower, t…
Ethereum’s native token, Ether , is beginning to receive a fair bit of positive mindshare with the recent outrage against Solana following its LIBRA memecoin incident lining up with a downturn in activity on the Solana network. With sentiment turning in favor of the largest altcoin, one analyst bel…
Bitcoin (BTC) quickly bounced back from the Tuesday dip to $93,000, but downside pressure still persists risking a deeper pullback to $86,000, CryptoQuant analysts said. Waning demand, faltering blockchain activity and lack of liquidity inflows to crypto are among the factors that could drag BTC low…
Not surprisingly, nearly everyone who traded the LIBRA token associated with Argentine President Javier Milei lost money, according to Nansen Research.Citing onchain data, the firm found that through Tuesday, 86% of traders had lost a total of $251 million on the Solana-based LIBRA memecoin."LIBRA w…
After hitting an all-time high of $261 in January, Solana (SOL) has dropped nearly 60% amid the fading excitement of the meme coin market that once propelled its growth. As SOL trades below the $183 support-turned-resistance price level for the first time since November, questions arise about whethe…
The desultory price action in crypto continued on Tuesday, helping to drag bitcoin closer to its lowest level in several months.In early afternoon trading hours, bitcoin was trading at $93,600, lower by 2% over the past 24 hours and off 10% over the past week.The broader crypto market as defined by…
Blockchain analysts at Bubblemaps claim to have uncovered connections between the teams responsible for the Libra and Melania memecoins, suggesting that the same entity may have orchestrated both projects.The onchain data provider claimed wallets tied to the Melania creator were also involved in tra…