Memecoins

One of the biggest credit card companies' Facebook accounts was hacked yesterday to promote a fraudulent memecoin, $VISA. Speculations is going around that the so-called could be someone inside of Visa-an intern maybe-who came out with this nifty plan to earn a quick buck by hacking into the company's social media account to promote a coin he created.

David Sacks described NFTs and memecoins as collectibles, comparing them to items like baseball cards, and argued they should not be regulated as securities or commodities. He defended Trump's TRUMP memecoin amidst criticism, stating its value lies in commemoration, not financial investment.

Janice Elizabeth McAfee, widow of the late John McAfee, is bringing his husband back to life with the launch of a new memecoin, named the AIntivirus token or AINTI. Janice wrote on X that she had been thinking of ways of honouring her late husband's genius and build on the legacy he had left behind. She also wrote that she has chosen memecoin among all things because it reflects Mcafee's core beliefs and his love for crypto and AI.

Ivanka Trump rejected the $IVANKA token as deceptive and exploitative, warning against fraudulent tokens. Meanwhile, crypto whales are cashing out profits from $TRUMP and $MELANIA, causing both tokens to slump amidst controversy.

Nasdaq’s X account was hacked to promote a fake memecoin, STONKS, which quickly soared in value before crashing to zero, leaving investors with losses.

One of the biggest highlights of Trump's inauguration was the heartfelt prayer of Rev. Lorenzo Sewell. But the same evening, Sewell launched his own meme coin, making many wonder if his prayer at the inauguration was just an act to promote his token....

Russian security firm FACCT is warning holders of the new $Trump and $Melania memecoin to be cautious of fraudsters who are trying to target their crypto wallets. Maria Sinitsyna, a senior analyst at FACCT, revealed that in recent days, scammers have launched many phishing websites that are aimed at luring victims and stealing funds from their wallets.

Crypto executives criticise the $TRUMP and $MELANIA tokens for damaging the industry's reputation and exploiting retail investors. US Representative Gerald Connolly has called for an investigation into Trump’s financial ties to crypto ventures like World Liberty Financial (WLF), warning that his involvement mixes politics with personal profit, exposing investors to high risks.

Trump's Empire is a Telegram-based crypto game where players build a business and political empire while earning for a potential airdrop. The game uses Donald Trump's name and likeness but operates without his direct involvement. The key question: will the President endorse it or shut it down?

Rumours about the alleged kidnapping of Ledger co-founder Eric Larchevêque have sparked controversy, with reports dismissing them as a hoax due to a lack of evidence or police confirmation. The launch of the “Justice for Eric” meme coin added to the intrigue but quickly collapsed, highlighting the ongoing challenge of misinformation in the blockchain community.