Tron’s Justin Sun and Cardano’s Charles Hoskinson use their projects’ communities to profit from meme-coin season in crypto. The head of Binance, Chanpeng Zhao, does not seem to mind the additional business either.
Tron’s Justin Sun and Cardano’s Charles Hoskinson use their projects’ communities to profit from meme-coin season in crypto. The head of Binance, Chanpeng Zhao, does not seem to mind the additional business either.
Digital Asset’s “network of networks” allows normally siloed financial systems and institutional assets to interact and synchronize in previously impossible ways. Participants include BNP Paribas, Goldman Sachs, Cboe Global Markets, Microsoft and many others.
Bitcoin transaction fees are currently sky-high, as the generally drama-free network is hit by a recent craze for NFTs and dodgy meme-coins on the platform. There have even been calls to patch the ‘bug’ that made such ‘abominations’ possible…
The online payment processor is now holding almost half a billion dollars worth of bitcoin on behalf of its customers, along with ether, litecoin and bitcoin cash.
A newly-created token named after the ‘Pepe the Frog’ meme has recently taken the meme-coin crown, hitting a market cap of half a billion dollars within two weeks of launch.
The Hong Kong Monetary Authority has issued a statement reminding banks in the territory that they should not be refusing service to crypto-related enterprises, following complaints of difficulties for some businesses in opening accounts.
