The U.S. Securities and Exchange Commission just tossed a curveball into the crypto debate: memecoins might not fall under federal securities laws. In a February 27, 2025, statement from its Division of Corporation Finance, the SEC pegged these jokey tokens—like Dogecoin or Shiba Inu—as more akin to collectibles than investments, sidestepping the Howey test that…
SafeMoon LLC’s Chief Technology Officer, Thomas Smith, pleaded guilty to two criminal charges—securities fraud conspiracy and wire fraud conspiracy—related to a fraud scheme involving the SafeMoon token, according to a court filing on Thursday. The charges arose from an investigation into the company’s alleged misuse of investor funds. Smith was originally indicted in November 2023…
Kanye West is reportedly launching his own cryptocurrency, YZY, to serve as the official currency for his Yeezy clothing brand, according to a February 21, 2025, report by CoinDesk. The news broke after CoinDesk received an unsolicited email from Hussein Lalani, who claimed to be Yeezy’s chief financial officer, detailing the token’s launch. Lalani requested…
The SafeMoon team has a big launch coming up—they’re rolling out a new MemeCoin on Solana this Saturday at 1:00 AM UTC. They’ve already made some bold moves, burning 2.2 trillion SFM tokens across Ethereum, Polygon, and Binance Smart Chain. That means nearly all the tokens on Ethereum and Polygon are gone, along with about…
Bitcoin’s price settled below its all-time high and the Official Trump memecoin, $TRUMP, took a hit during Donald Trump’s inauguration as U.S. President on January 20, 2025. Traders are holding out hope that executive orders from Trump might turn things around for both assets. Earlier that day, Bitcoin had climbed past $110,000, setting a new…
Melania Trump’s surprise entry into the crypto game with her new meme coin, Melania Meme (MELANIA), has sent shockwaves through the market—especially for her husband’s Official Trump (TRUMP) token. Just 48 hours after Donald Trump’s coin hit a $14 billion market cap, Melania’s launch on January 20 triggered a jaw-dropping 55% drop in TRUMP’s value…
The $TRUMP token, launched by President Donald Trump, took off in a big way within 24 hours of its debut on January 17, 2025. Starting at just $0.18, it shot up to $33 after Trump urged his followers to grab their tokens before a 48-hour claiming window closed. It’s now trading at $27.27, a slight…
The cryptocurrency market saw an unexpected launch on January 18 when the Official Trump memecoin, known as $TRUMP and endorsed by President-elect Donald Trump, hit the scene. Trump announced it through his social media accounts, directing people to buy the Solana-based token via a specified centralized intermediary and providing the contract address. The launch…