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Argentina’s president withdraws support for LIBRA token, admits to skipping due diligence
LIBRA meme token collapses by 85% amid controversy, with centralized control cast into question. Key Takeaways President Milei withdrew support for LIBRA token after it lost 85% value. Previously, Milei promoted CoinX, alleged as a Ponzi scheme impacting investors. Argentina’s President Javier Milei has withdrawn his support for the LIBRA… Listen ⇢
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Argentine President-backed LIBRA token tanks 85% as team reportedly dumps $87 million
Investors raise alarms as liquidity withdrawal decimates token value. Photo: Julian Bongiovanni Key Takeaways The LIBRA token crashed 85% as developers liquidated $87million in USDC and SOL. 82% of the token’s supply is concentrated, leading to centralization concerns. The LIBRA token, promoted by Argentine President Javier Milei on his official… Listen ⇢
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Crypto’s greatest challenge; Balancing innovation with security.
Right now, everywhere in the world, millions are rushing to embrace crypto, eager to trade, invest, and explore digital assets. The second half of 2024 saw a massive spike in crypto adoption, 20% more users flooding platforms, institutions jumping on board, and digital assets becoming part of everyday life. But… Listen ⇢
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Did Argentina’s President Javier Milei Really Launch a Trump-Like Solana Meme Coin? LIBRA Crashes 87%
The X account of Argentina’s President Javier Milei promoted a Solana meme coin called LIBRA late Friday. Traders initially piled in to purchase the coin, which surged to a market cap of about $4.5 billion—but amid growing doubts over the legitimacy of the launch and whether it was a pump-and-dump… Listen ⇢
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Why Crypto Experts Are Predicting a Massive Surge for Lightchain AI in the Coming Months
With the cryptocurrency market preparing for its next big wave, experts are closely analyzing which projects have the potential to deliver exponential returns. While established assets like Bitcoin and Ethereum remain dominant, new opportunities are emerging—one of the most promising being Lightchain AI. With its presale raising $14 million and… Listen ⇢
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Bitcoin On ‘Zombie’ Zoom’s Balance Sheet? Exec Makes An Intriguing Case
A new development is brewing in the internet industry as Zoom Video Communications faces pressure to shake up its treasury strategy. Eric Semler, head of Semler Scientific, has noticed the pressure on video conferencing giant Zoom, despite its hefty $7.7 billion cash reserve. His advice? Explore Bitcoin as a potential… Listen ⇢
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$LIBRA Token’s $4.5 Billion Surge Raises Manipulation Fears
$LIBRA Token Launch Raises Red Flags – Argentina’s President Javier Milei introduced $LIBRA to boost small businesses, but concerns emerged as 82% of the supply is already unlocked across connected addresses, suggesting centralized control or possible manipulation. KIP Network Inc. Connection – The token is linked to KIP Network Inc. and its KIP Protocol, a Web3 AI framework backed… Listen ⇢
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Hedge fund giant Millennium discloses $2.6B Bitcoin ETF and $182M Ethereum ETF holdings
Institutional investment in digital assets is growing as hedge funds and advisory firms increase their crypto exposure. Key Takeaways Millennium Management disclosed $2.6 billion in Bitcoin ETFs and $182.1 million in Ethereum ETFs holdings. Institutional crypto investment is on the rise, with entities like Abu Dhabi’s sovereign fund and Goldman… Listen ⇢
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SEC Signals That It Will Drop Lawsuit Against Coinbase
The SEC signaled that it’s willing to drop its lawsuit against Coinbase, asking for 30 days to review the exchange’s appeals. It paused a lawsuit against Binance earlier this week, showing a clear end to Gary Gensler’s crypto crackdown. This aligns with a broader shift toward a more lenient regulatory… Listen ⇢
Meet the podcast host, Emily Grace.
Emily Grace is a writer at crypto.readnow.cc, covering the latest trends, news, and insights in the world of cryptocurrency and blockchain.
