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Tag Archives: News

Bitstamp Begins Repayments to Mt. Gox Creditors

Bitstamp, one of the five exchanges chosen by Mt. Gox’s bankruptcy estate to effect reimbursements to its creditors, began the process on Thursday. The repayments kicked off three days after Mt. Gox wallets conducted test transactions with and subsequently sent funds to Bitstamp. Bitstamp is sending bitcoin (BTC), Bitcoin Cash (BCH), and Ether (ETH) to creditors who were assigned to the exchange for reimbursements. Most creditors are expected to have their assets within a week after the...

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Celebrity Memecoins Have Not Lasted the Test of Time

Celebrity memecoins deployed on the Solana network’s pump.fun protocol have tanked severely. Nearly all value has been erased from these projects, leaving investors and the fans of the celebrities the tokens were modeled after experiencing tremendous losses. While some of these projects took a few months to drop, many were pump and dump scams, leaving users in the dirt hours after their launches. The ones that made it a while did not do so for more than 3 months, depicting how the lack of...

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