A Redditor described the developer’s gambling addiction excuse as a “weird way to rug,” as projects usually just run away and delete all the evidence.
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Category: Altcoin News
Crypto Twitter has a persistent ‘fake followers’ problem, data reveals
Shiba Inu had the greatest number of fake followers at 10.26% or 80,000 accounts, while Avalanche and Polygon followed suit with 8.14% and 7.58% of […]
Crypto mass adoption is coming, but how fast?
The latest Cointelegraph Report assesses the current growth rate of global cryptocurrency usage and tries to predict when crypto will reach mass adoption.
Crypto investment products see largest weekly inflow since July 2022
CoinShares’ latest weekly inflow report shows a substantial increase in investor appetite for digital asset investment products with Bitcoin leading the rally.
Venture capital financing in crypto, explained
Venture capital firms invest in early-stage startups to fuel innovation, growth and technological advancements within the crypto ecosystem.
Shiba Wings customers love the food, not so much the crypto, says owner
The SHIB-themed diner serves hot wings, burgers and cocktails, but despite the branding, still trades mostly in fiat.
Crypto investment products experience outflows for 9th consecutive week
Meanwhile, the altcoin price crash triggered inflows for XRP, Cardano and Polygon.
Twitter suspends memecoin-linked AI bot after Elon Musk’s ‘scam crypto’ claim
“Explain This Bob,” the popular AI-powered Twitter account also linked to a memecoin, was suspended shortly after Elon Musk alleged it was a “scam.”
BUSD falls to fourth position among stablecoins
After a dip of over $1 billion in the past 30 days, BUSD now sits at the fourth position in market capitalization among stablecoins.
Sweat Economy DAO votes to repurpose $10M of idle tokens
The move-to-earn platform had 2 billion SWEAT tokens locked up in inactive user accounts that the community has voted to return to a governance contract.