PAIN raised $37 million in a 48-hour pre-sale, backed by Memeland’s community and a viral meme image. The project refunded 80% of the funds, and major market makers like Wintermute were involved, raising questions about its long-term stability.
AnaisAndras Istvan Arato, known as "Hide The Pain Harold," is making waves at Token2049 in Singapore, where he’s a guest of Memeland and the NFT community Arc. From his origins as a stock image model, Arato has embraced his meme fame, leading to numerous public appearances and commercial opportunities.
WeatherlyDecipher the surge in memecoin activity and the market trends shaping the industry.
JinseFinanceXPLA, the Web3 gaming ecosystem in which Com2uS Group participates, has officially launched its own Layer 2 blockchain. XPLA Verse acts as L2 on the Oasys gaming-specific blockchain.
JinseFinanceMemeland introduces Memenet, a blockchain dedicated to meme coins, aiming for a secure, cost-effective ecosystem. With plans for EVM compatibility and native revenue mechanisms, Memenet targets a September launch.
Cheng YuanThe volatility of MemeCoins may negatively impact portfolio stability.
JinseFinanceBitfinex lists MEME, the token of Memeland by 9GAG, blending internet culture and technology in the Web3 space. Henry Child from Bitfinex highlights MEME's integration as a step towards innovative, community-focused projects, marking a significant move in the crypto sphere.
JoyBored Gen DMCC (BG), the parent entity of Islamic Coin, had been under VARA's scrutiny regarding the legal issuance, marketing, and distribution of the token.
AlexCrypto.com's Dubai entity receives a Virtual Assets Service Provider (VASP) license from Dubai's regulator, subject to operational approval. Once approved, CRO DAX Middle East FZE can offer various services, contributing to Dubai's growing crypto industry.
EdmundThe market alert issued by VARA states that BitOasis is being reviewed for failing to meet the mandated conditions required for VARA-regulated market activity within the specified 30-60 day timeframes. Earlier this year, BitOasis was granted Dubai's "minimum viable product operational license," but the regulator may now rescind that license.
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