A report from a cryptocurrency analytics firm details how those who bought the Trump memecoin have fared, with most retail investors having lost money while sophisticated traders did better.
Category: Virtual Currency
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Nearly a Million Investors Lost a Total of $3.8 Billion on Trump Crypto Coin
A report from a cryptocurrency analytics firm details how those who bought the Trump memecoin have fared, with most retail investors having lost money while sophisticated traders did better.
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Crypto Brought Trump a Huge Windfall, Even as Many Investors Lost Big
President Trump and his family reaped vast financial rewards from a memecoin that generated losses for hundreds of thousands of investors.
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How Polymarket Traders Revolted Over One Silly Syllable
How one silly syllable ignited a bitter dispute over the nature of reality on Polymarket.
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Crypto Firms and Automakers Are Looking to Open Banks, at Trump’s Urging
Urged on by the White House and a reduction in regulatory oversight, crypto companies and automakers are among those that have applied for banking charters.
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The Risks of Iran’s Threat to Control the Strait of Hormuz
Iran is trying to assert its control over the strait by charging for passage. Experts say it is unlikely to happen, but the threat has unsettled the shipping industry.
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Coinbase Lays Off 14% of Employees as A.I. Changes Work
The largest U.S. crypto exchange said it was cutting jobs because of cryptocurrency market volatility and to “optimize” for the artificial intelligence era.
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A Year Later, Trump’s ‘Most Exclusive’ Memecoin Event Is a Lot Less Exclusive
Even a Times reporter qualified for the event, which caused outrage last year for providing access to President Trump in exchange for investment in one of his family’s crypto ventures.
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Coinbase and Gemini Accused of Illegal Gambling in N.Y. Lawsuits
Attorney General Letitia James said the cryptocurrency giants were illegally running gambling platforms in the state after they expanded into prediction markets, which are loosely regulated.
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Crypto Entrepreneur Justin Sun Sues Trump Family’s World Liberty Financial, Accusing It of Fraud
Justin Sun, one of the largest backers of World Liberty Financial, sued the Trump family’s crypto start-up, accusing it of a fraudulent scheme to pressure him into buying digital coins.