Hunter Biden launches LAPTOP memecoin, calls out Trump's crypto venture

·1 views

Hunter Biden is set to launch a memecoin called LAPTOP on Wednesday. He has described the token as being centered on themes of resilience, redemption, and recovery. As part of the launch, Biden plans to distribute coins to nearly one million crypto wallets that suffered losses on the TRUMP memecoin. He took a swipe at the Trump token, labeling it a 'grift' in his defense of the new project.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

US Agencies Accuse Six Chinese AI Firms of Extracting Capabilities from American Models

Six Chinese artificial intelligence companies have been accused by US agencies of systematically extracting capabilities from American AI models. Moonshot, the company behind the Kimi AI model, is among the firms named in the accusations. Kimi had previously rattled financial markets earlier this year upon its release. US authorities allege these firms used American models as a foundation to build and enhance their own AI systems. The accusations raise fresh concerns about intellectual property and technology transfer in the global AI race.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Bitcoin Steadies Near $79,000 While Zcash Surges 43% on Grayscale ETF Milestone

Bitcoin dipped to approximately $77,600 on Tuesday before recovering most of its losses, ending the day largely flat. Meanwhile, Zcash posted a notable weekly gain of around 43%, outperforming the broader crypto market. Grayscale's newly launched Zcash-focused fund reached a significant milestone, crossing $500 million in assets. The developments highlight diverging momentum across different digital assets amid an uncertain market environment.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Copper CEO Amar Kuchinad exits as crypto custody firm seeks buyer

Amar Kuchinad has departed from his role as CEO of cryptocurrency custody firm Copper, according to two sources familiar with the matter. Kuchinad had held the position since 2024. His exit comes as the company's search for a potential buyer stretches into its fourth month. No official reason for his departure has been disclosed publicly.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Circle to Acquire Cross-Border Payments Firm Tazapay for $400 Million

Circle has agreed to acquire Tazapay, a cross-border payments company, in a deal valued at $400 million. The acquisition is expected to provide Circle with regulated infrastructure that connects stablecoin transactions to local banking systems around the world. This so-called 'last-mile' capability addresses a key gap between digital assets and traditional financial networks. The deal signals Circle's ambition to deepen its footprint in global payments beyond its core stablecoin business.

0 comments Read more at CoinDesk