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Rumored Shenzhen celeb memecoin factory A mysterious memecoin factory in Shenzhen is rumored to be behind a wave of memecoin scams, allegedly launching over a dozen tokens a month. Brazilian football legend Ronaldinho Gaúcho has been swept into the controversy on Chinese social media. On March 3, Ronaldinho announced the launch of his own memecoin on BNB Chain. Within hours, it skyrocketed to a peak market cap of $30 million, only to come crashing down to around $3.7 million, according […]

Top Stories of The Week Donald Trump signs executive order for Strategic Bitcoin Reserve US President Donald Trump has signed an executive order that creates a “Strategic Bitcoin Reserve” and a “Digital Asset Stockpile,” both of which will initially use cryptocurrency forfeited in government criminal cases. “Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve,” White House AI and crypto czar David Sacks said in a March 7 post on X. “The […]

The Sandbox co-founder Sebastien Borget gets stopped for photos occasionally at crypto conferences and even has his own memecoin, but he’s not too keen on being labeled an influencer. “I don’t consider myself a crypto influencer, and I try to keep a very humble and low profile at the end of the day,” Borget tells Hall of Flame. That said, if you take a selfie with him and post it on X — or if you’re a landowner or have […]

From Vitalik Buterin to Balaji Srinivasan, Brian Armstrong and Roger Ver, it seems that no sooner have you become a crypto billionaire than you’re off trying to discover the secret to immortality. In early 2020, when the pandemic made everyone obsessed with mortality, Buterin wrote: “Can I suggest anti-aging research? Aging is a humanitarian disaster that kills as many people as WW2 every two years… Let’s end it.” He put his money where his mouth is. Buterin donated 46 trillion […]

Vitalik Buterin: Humans essential for AI decentralization Ethereum creator Vitalik Buterin has warned that centralized AI may allow “a 45-person government to oppress a billion people in the future.”  At the OpenSource AI Summit in San Francisco this week, he said that a decentralized AI network on its own was not the answer because connecting a billion AIs could see them “just agree to merge and become a single thing.”  “I think if you want decentralization to be reliable, you […]

China’s crypto ban didn’t stop this ridiculous scheme A new type of crypto scam has surfaced in China, with fraudsters posing as the China Banknote Printing and Minting Corporation (CBPMC) to sell cryptocurrency through fake websites and apps. For those familiar with China’s crypto regulations, this scheme might seem ridiculous. The country has banned several crypto-related activities, including trading and mining, and officially recognizes only its fiat currency, the renminbi, as legal tender. The idea that the very state-backed entity […]

Argentina finalizes rules for virtual asset providers Argentina’s securities regulator has finalized rules for virtual asset service providers (VASPs), which cover general codes of conduct and custody requirements for cryptocurrency exchanges and other platforms facilitating digital asset transactions.  The regulations were published on March 13 by the National Securities Commission, also known as the CNV, under General Resolution No. 1058.  According to a translated version of the announcement, the regulations impose “obligations regarding registration, cybersecurity, asset custody, money laundering prevention, […]

Feeling nostalgic for the good old days of gaming? Well, Code of Joker: Evolutions, Sega’s classic trading card game, is making a comeback — this time on the Sui blockchain. “Some gamers feel that the “golden age” of traditional gaming that occurred over a decade ago has yet to be matched, leaving them wanting more,” Anthony Palma, head of gaming partnerships at Mysten Labs, tells Web3 Gamer. “With the current market of games, gamers are increasingly returning to nostalgic titles,” […]

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Bitwise’s CIO says DeFi is “substantially undervalued” as utility tokens are poised to grow amid the U.S.’s crypto-friendly pivot.