Coinbase CEO Brian Armstrong Open To Memecoins Even If They Are ‘Low Quality:’ ‘We Believe In Free Market Capitalism’

Brian Armstrong, CEO of Coinbase Global Inc. (NASDAQ:COIN), said the cryptocurrency exchange would follow a market-driven strategy for meme coins, allowing users to trade even “low quality” tokens if they desired. What Happened: Armstrong took to X, emphasizing the importance of customer choice and transparency in response to a surge in meme...
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Pi Network mainnet launch sees Pi coin rally over 35%

Pi coin surged over 35% less than an hour after its highly anticipated mainnet went live. Pi Network, the closely followed tap-to-earn cryptocurrency network,  launched its open mainnet today, Feb. 20, at 8 am UTC. The launch was a significant…...
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LIBRA Memecoin Fiasco Destroyed $251M in Investor Wealth, Research Shows

The LIBRA memecoin scandal that rocked Argentina over the weekend destroyed millions of dollars in investor wealth, according to research by Nansen. On-chain data tracked by Nansen show 86% of traders lost a total of $251 million, while the winners secured just $180 million in profits. In other words,...
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