Latest news with #Bubblemaps
Time of India
22-05-2025
- Business
- Time of India
Bitcoin price today: Biggest cryptocurrency BTC nears $112,000-mark, latest forecast by experts are out
Live Events FAQs (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Bitcoin (BTC) on Thursday pushed to an all-time high, partly as investors sought out alternatives to U.S. assets. Bitcoin climbed as high as $111,862.98, a fresh all-time peak and a 3.3 per cent increase from Wednesday's close. Cryptocurrency and blockchain-related stocks jumped as bitcoin, the world's biggest cryptocurrency, climbed to a record high."Bitcoin is fast approaching $112,000 and trading at a new record as hopes increase that stablecoin regulation will soon pass after the advancement of legislation yesterday," said Jim Reid, global head of macro and thematic research at Deutsche Bank in a note."The U.S. debt instability has probably helped too," Reid operator Coinbase advanced 2.5 per cent, bitcoin stockpiler Strategy gained 1.4 per cent and crypto miners including MARA Holdings added 4 per the $TRUMP meme coin launched in January, the profits have favored big investors: more than 60 large wallets have profited close to $1.5 billion, with $48 million in profits occurring after Trump posted about the contest on social media, according to reviews by Inca Digital and crypto analytics tracker Bubblemaps, as of May about 600,000 other smaller wallets have lost $3.87 billion so far, with $117 million of the losses occurring after the dinner announcement.A1. World's most popular cryptocurrency is Bitcoin.A2. Bitcoin climbed as high as $111,862.98, a fresh all-time peak and a 3.3 per cent increase from Wednesday's close.
Yahoo
19-05-2025
- Business
- Yahoo
Crypto Founder Found Alive After Faking Death To Pump A Memecoin
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Zerebro developer Jeffy Yu has been found alive and well. On-chain transactions had first cast doubt on Yu's suicide. The stunt pulled by Yu is not new in the world of memecoins. 'A Martyr of Imagination and Creativity,' those were the words used to describe Jeffy Yu, the 22-year-old creator of a little-known, supposedly AI-related cryptocurrency project called Zerebro, in an obituary that made the rounds on X and sparked condolence messages last week. Before this, many users had reported seeing a video of Yu taking his own life on a livestream, seemingly in response to online harassment. A supposedly automated message announcing a final act in the form of a legacy memecoin, LLJEFFY, followed. Don't Miss: — no wallets, just price speculation and free paper trading to practice different strategies. Grow your IRA or 401(k) with Crypto – . There is just one problem: Yu appears to be alive and well in San Francisco. Yu was found at his parents' home in the Crocker-Amazon neighborhood by a reporter from The San Francisco Standard, the outlet reported on May 8. 'I've been doxxed. I've been harassed. If you can find me, other people can find me,' a visibly shocked and agitated Yu reportedly told the Standard. 'Now I have to move my parents out of here this week.' Doubts about Yu's death first arose when on-chain sleuths flagged transactions tied to him from Zerebro and his 'legacoin.' 'Despite rumors of suicide, addresses linked to Jeffy Yu sold over $100k of ZEREBRO and traded LLJEFFY days after his alleged passing,' prominent crypto data provider Bubblemaps wrote on May 6. On May 7, Bubblemaps reported that another $1.4 million in ZEREBRO tokens had been sold. Around the same time, disgraced DeFi founder Daniele Sestagalli also claimed that Yu had faked his suicide. He cited a supposed letter from Yu to an early Zerebro investor. Trending: New to crypto? on Coinbase. The letter describes Yu's actions as his 'only viable exit from persistent harassment, blackmail, and threats.' 'Crypto just witnessed its first pseudocide exit strategy,' Sestagalli wrote in the thread containing the letter. 'Meanwhile, real developers in this space are getting doxxed, harassed, targeted they keep showing up. They keep building. They don't fake death to dodge red candles.' Yu refused to comment on the reports of his suicide and how he may have financially benefited from it, according to The Standard. 'You can see the PTSD in my eyes, right?' he reportedly said before urging the reporter to leave. The stunt pulled by Yu is not new in the world of memecoins. The space took a dark turn in May 2024 when Solana memecoin generator launched a streaming feature to allow creators to promote their tokens. One developer set himself on fire, one sexually exploited his mother and another faked an overdose. The platform was forced to deprecate the feature after one particular creator faked his hanging, or at least it did till April. 'Pump fun livestreaming has been rolled out to 5% of users with industry standard moderation systems in place and transparent guidelines,' co-founder Alon Cohen wrote on April 4. Bubblemaps claimed that Yu's faked suicide occurred on livestream, but the firm has vehemently denied it in a statement to The San Francisco Standard. Benzinga reached out to Yu for comment but has yet to receive feedback. He has since deleted his personal X account and that of Zerebro. Despite recent events, ZEREBRO is trading 1.4% higher on the day at the time of writing. Yu's legacy coin, however, has not fared so favorably. As of last look, LLJEFFY's market capitalization sits at $4 million, a 90% decline from a peak of over $100 million. Read Next: A must-have for all crypto enthusiasts: . 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Image: Shutterstock Send To MSN: 0 This article Crypto Founder Found Alive After Faking Death To Pump A Memecoin originally appeared on
Economic Times
13-05-2025
- Business
- Economic Times
Cryptocurrency price latest: Around 600,000 wallets have lost nearly whopping $4 billion so far in President Donald Trump's $TRUMP meme coin, claims report
$TRUMP coins' current market value is $2.74 billion. About 600,000 other wallets have lost $3.87 billion so far, with $117 million of losses occurring after Trump announced the dinner on social media Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads FAQs Buyers of U.S. President Donald Trump 's $TRUMP meme coin have reportedly made gains but not all, according to a the $TRUMP meme coin launch three days before the president's inauguration, more than 60 large wallets have profited close to $1.5 billion, with $48 million in profits occurring after the April dinner announcement, according to reviews by Inca Digital and crypto analytics tracker Bubblemaps as of May least two of the largest investors in the $TRUMP contest have made profits in excess of $10 million each, Inca Digital found, while 15 investors have made more than $1 about 600,000 other wallets have lost $3.87 billion so far, with $117 million of losses occurring after Trump announced the dinner on social media, Bubblemaps found. The purchases were on the secondary market, meaning Trump's family collected relatively small amounts of fees, Reuters coins surged to $75 after Trump announced them over his Inauguration weekend before falling to a low of $7.50. On Sunday, $TRUMP was trading around $ current market value of all $TRUMP coins is $2.74 billion. A company controlled by the Trump family and a second firm together hold 80 per cent of the remaining supply of the meme coins, which are advertised with an image of the president raising his fist in reference to his July assassination far, the entities behind the Trump coin have earned $320.19 million in fees, including at least $1.35 million after the dinner announcement, according to blockchain analytics firm $TRUMP meme coin is part of the Trump family's growing array of crypto ventures including the trading platform World Liberty Financial, Trump Media & Technology Group's new crypto ETFs, a crypto mining operation, American Bitcoin, and a stablecoin pegged to the U.S. dollar called USD1.A1. President of USA is Donald Trump.A2. The coins surged to $75 after Trump announced them over his Inauguration weekend before falling to a low of $7.50. On Sunday, $TRUMP was trading around $14.
The Herald
12-05-2025
- Business
- The Herald
Buyers of $TRUMP meme coin pay millions to win dinner with US leader
Of particular concern, the lawmakers say, is the way Trump has moved to curb crypto enforcement and ease regulation at the same time as his family stands to benefit financially from the sector. In April, the DOJ dismantled its crypto enforcement unit. A spokesperson for the DOJ told Reuters: 'This department of justice will continue to prosecute those who victimise digital asset investors or those who use digital assets in furtherance of crimes.' Since the $TRUMP meme coin launch three days before the president's inauguration, returns have favored large investors. More than 60 large wallets have profited close to $1.5bn (R27.47bn), with $48m (R879m) in profits occurring after the April dinner announcement, according to reviews by Inca Digital and crypto analytics tracker Bubblemaps as of May 8. At least two of the largest investors in the $TRUMP contest have made profits in excess of $10m (R183.1m) each, Inca Digital found, while 15 investors have made more than $1m (R18.3m). Meanwhile, about 600,000 other wallets have lost $3.87bn (R70.87bn) so far, with $117m (R2.14bn) of losses occurring after Trump announced the dinner on social media, Bubblemaps found. The purchases were on the secondary market, meaning Trump's family collected relatively small amounts of fees. One of those is Kali, a 27-year-old in Hawaii who plans luxury vacations for high net worth individuals and asked that her last name not be used due to fear of being harassed by others in the crypto industry. She said she spent about $10,000 (R183,132) on the coin, at an average of $15 per coin. In the days leading up to the contest, as the coin's price began to climb again, she was holding her breath and hoping to break even by the time the contest ends today. The $TRUMP meme coin is part of the Trump family's growing array of crypto ventures including the trading platform World Liberty Financial, Trump Media & Technology Group's new crypto ETFs, a crypto mining operation, American Bitcoin, and a stablecoin pegged to the US dollar called USD1.
Time of India
12-05-2025
- Business
- Time of India
Cryptocurrency price latest: Around 600,000 wallets have lost nearly whopping $4 billion so far in President Donald Trump's $TRUMP meme coin, claims report
Live Events FAQs (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Buyers of U.S. President Donald Trump 's $TRUMP meme coin have reportedly made gains but not all, according to a the $TRUMP meme coin launch three days before the president's inauguration, more than 60 large wallets have profited close to $1.5 billion, with $48 million in profits occurring after the April dinner announcement, according to reviews by Inca Digital and crypto analytics tracker Bubblemaps as of May least two of the largest investors in the $TRUMP contest have made profits in excess of $10 million each, Inca Digital found, while 15 investors have made more than $1 about 600,000 other wallets have lost $3.87 billion so far, with $117 million of losses occurring after Trump announced the dinner on social media, Bubblemaps found. The purchases were on the secondary market, meaning Trump's family collected relatively small amounts of fees, Reuters coins surged to $75 after Trump announced them over his Inauguration weekend before falling to a low of $7.50. On Sunday, $TRUMP was trading around $ current market value of all $TRUMP coins is $2.74 billion. A company controlled by the Trump family and a second firm together hold 80 per cent of the remaining supply of the meme coins, which are advertised with an image of the president raising his fist in reference to his July assassination far, the entities behind the Trump coin have earned $320.19 million in fees, including at least $1.35 million after the dinner announcement, according to blockchain analytics firm $TRUMP meme coin is part of the Trump family's growing array of crypto ventures including the trading platform World Liberty Financial, Trump Media & Technology Group's new crypto ETFs, a crypto mining operation, American Bitcoin, and a stablecoin pegged to the U.S. dollar called USD1.A1. President of USA is Donald Trump.A2. The coins surged to $75 after Trump announced them over his Inauguration weekend before falling to a low of $7.50. On Sunday, $TRUMP was trading around $14.
