ππ Meme Queen Iggy's Roadmap for MOTHER
In todayβs edition: π¬ Defi protocol LI.FI loses over $10M, π₯ Bitcoin sector tops weekly gains, π§Ήπ Iggy clears up the MOTHER token dump drama, and more!
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Iggy Azalea on Memes, OnlyFans, and Her Plans to Make MOTHER a Success
The Australian rapper tells the origin story of the $MOTHER token, explains the βbeefβ between her and Vitalik Buterin, and reveals that, so far, she has made no money from her celeb coin.
Iggy Azalea joins Unchained to share the story of how the $MOTHER token got started (spoiler: there was a brush with a potential scammer), her stresses during the launch, and what she plans to do about the price slumping over 60% since the all-time high. A master of memes and OnlyFans, she talks about how she is using her experience in both realms to make MOTHER a success, even though she has yet to make any money from the token.
She also discusses her beef with Ethereum creator Vitalik Buterin, the allegations that there was insider trading of MOTHER, and how she plans to avoid regulatory action.
Whatβs Poppinβ?
by Sage Young and Juan Aranovich
Iggy Azalea Denies Dumping $2 Million Worth of MOTHER on Retail
The creator of the $MOTHER coin on Solana says that the allegations were βcrazyβ and made her βso annoyed.β
LI.FI Drained of More Than $10 Million Via Wallets With Infinite Approval Settings
The wallet address that exploited the DeFi protocolβs smart contract has since transferred out the vast majority of the drained funds.
Bitcoin Ecosystem Is Best Performer Among Crypto Sectors Over Last 7 Days
While the overall crypto market is currently in an upswing, protocols dedicated to the Bitcoin ecosystem such as Stacks have seen the largest climb in their fully-diluted market capitalization, according to Artemis data.
Daily Bitsβ¦ βοΈβοΈβοΈ
βοΈ FTX and the CFTC agreed on a $12.7 billion settlement after months of negotiations, which allows FTX to pay creditors up to that amount if they comply with their reorganization plan.
πΈ Kraken received Bitcoin and Bitcoin Cash transfers from the Mt. Gox Rehabilitation Trustee, with funds expected to be credited to creditor accounts within 7-14 days following a significant movement of bitcoin by Mt. Gox wallets.
πΊπΈ Former U.S. President Donald Trump emphasized the need for the US to lead in the crypto space before China, and teased a fourth NFT launch.
β³ Solana's Sanctum project will double airdrop rewards for users who wait to claim, aiming to create a more stable and sustainable token launch.
π₯οΈ Uniswap Labs launched its wallet browser extension, supporting 11 blockchains including Ethereum and Arbitrum, which had over 793,000 users on its waitlist.
π Worldcoin announced token unlocks for early contributors, while extending the unlock period for most tokens held by Tools for Humanity team members from three years to five years.
π³π¬ Detained Binance executive Tigran Gambaryan, who is suffering from severe health issues, appeared in a Nigerian court in a wheelchair amid ongoing legal troubles and deteriorating conditions in custody.
π¦ Former U.S. President Donald Trumpβs campaign raised $3 million in cryptocurrency donations last quarter, attracting contributions from major industry players such as the Winklevoss twins and Krakenβs Jesse Powell.
Today in Crypto Adoption...
π³ Stripe enabled cryptocurrency purchases, including bitcoin and ether, for European users through a widget for online vendors.
The $$$ Cornerβ¦
π€ Crypto-AI startup Mira raised $9 million in a seed funding round co-led by Bitkraft Ventures and Framework Ventures to build a decentralized AI infrastructure platform for developers.
What Do You Meme?
π Your Market Update π
BTC is up 1.7%, trading at $64,883
ETH is up 1.1%, trading at $3,456
BTC dominance: 51.2%
Crypto market cap: $2.5T
*All data as of today, 07:34 am ET. Source: CoinGecko
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