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Trump to Host Third $TRUMP Memecoin Gala in Virginia
politics8 days ago

Trump to Host Third $TRUMP Memecoin Gala in Virginia

President Donald Trump is planning a third high-profile event for holders of the $TRUMP memecoin, scheduled for November 22 at his Northern Virginia golf club. The invitation, described as the 'Most Exclusive Dinner in the World,' targets the top 185 investors, with a VIP reception for the top 29. This follows a May 2025 dinner and a recent conference at Mar-a-Lago. Critics argue these events exploit the presidency for personal gain, noting that while the coin’s value has collapsed, Trump has earned over $1 billion from crypto ventures. The White House maintains that Trump’s financial interests are independently managed and that no private meet-and-greets or gifts will be accepted at the event.

via vox.com|
#cryptocurrency#donald-trump#ethics
Bethesda Targets Doom-Branded Memecoin Promoted by Doom Designer
games19 days ago

Bethesda Targets Doom-Branded Memecoin Promoted by Doom Designer

Bethesda has sent a cease-and-desist to challenge a Doom-themed memecoin and related browser game called Doomsol promoted by former Doom designer Sandy Petersen, arguing that while Doom’s open license allows creative uses, it does not permit commercial use of Doom assets or imply endorsement; the move aims to prevent consumer confusion about official Doom products, with Bethesda emphasizing responsible branding while noting that open-source experimentation remains acceptable. The memecoin’s hype faded as links and sites were taken down and Petersen’s involvement remained unclear.

via Kotaku|
#bethesda#doom#doomsol
Hunter Biden unveils LAPTOP memecoin with burn-or-charity dynamics and targeted airdrops
technology1 month ago

Hunter Biden unveils LAPTOP memecoin with burn-or-charity dynamics and targeted airdrops

Hunter Biden announced the LAPTOP memecoin, set to launch on Base Layer 2 with a 1 billion supply. 20% will be airdropped (including 2% to TRUMP memecoin losers and 8% to Where's Hunter? subscribers); 10% unlocks at the token generation event via the Phoenix Veritas Foundation, another 10% later at their discretion. 30% is linked to 30 real-world predictions that burn tokens if events occur and donate otherwise, plus 50 million tokens earmarked for charity no matter what. Founders get 30% with six-month lock-up and 24-month vesting; 10% liquidity; 5% foundation treasury. Biden says LAPTOP symbolizes resilience against foes and media, contrasting with Trump’s token. The piece also recalls the laptop controversy and related legal actions.

via The Block|
#airdrop#charity#laptop-token
GTA 6 Leaks End as Leaker Cashes Out and Memecoin Crashes
games1 month ago

GTA 6 Leaks End as Leaker Cashes Out and Memecoin Crashes

After a week of GTA 6 leaks, Cyberleek allegedly withdrew about $250,000 from the $CYBERLEEK memecoin, triggering a crash as investors dumped the token; the move followed a burn of unsold reserves to appear legitimate while investigators may trace the crypto transactions as Rockstar and Take-Two pursue accountability ahead of GTA 6's Netflix reveal.

via Kotaku|
#cyberleek#games#gta-6
Trump Memecoin Fortune: $1.4B Rise, Locked WLFI, and a Wallet Worth Zero
business2 months ago

Trump Memecoin Fortune: $1.4B Rise, Locked WLFI, and a Wallet Worth Zero

A Benzinga/Yahoo Finance piece outlines a trader leveraging the TRUMP memecoin to secure invites to events hosted by President Trump, while Trump’s crypto fortune is pegged at about $1.4 billion with over $635 million in royalties; about 80% of WLFI tokens are locked, with the trader calling the asset effectively worth zero in practice. The memecoin briefly surged to a multibillion-dollar market cap before crashing, leaving on-chain data showing roughly $3.8 billion in investor losses from nearly a million holders. Trump reportedly earned more than $520 million from WLFI token sales and $65 million from WLFI’s holding company, sparking ethics and conflicts-of-interest discussions, though Trump and White House officials say the activity was legal.

via Yahoo Finance|
#business#ethics#memecoin
Trump’s Investor Fallout: Billions Lost in Truth Social and Memecoins
business3 months ago

Trump’s Investor Fallout: Billions Lost in Truth Social and Memecoins

Forbes reports that Donald Trump’s post‑White House ventures—Truth Social, World Liberty Financial, and related memecoins—left investors about $7 billion poorer, while Trump reportedly netted roughly $3 billion; the piece highlights individual losses, including a truck driver who poured life savings into Trump-linked assets, and dramatic declines in the associated tokens.

via Yahoo Finance|
#business#investors#memecoin
Carville Cheers Trump Fans’ Meme Crash as 'Good for America'
politics3 months ago

Carville Cheers Trump Fans’ Meme Crash as 'Good for America'

Veteran Democratic strategist James Carville celebrated reports that nearly one million Trump supporters lost about $3.8 billion buying the Trump-themed memecoin $TRUMP, calling the losses a 'good thing for America' in a Politicon clip; the New York Times reported the figures, noting Trump profited more than $600 million from the meme, while Carville derided the investors with profanity.

via Yahoo|
#james-carville#memecoin#new-york-times
Trump’s Billion-Dollar Windfall: Crypto Fees Far Outpace Investor Gains
business3 months ago

Trump’s Billion-Dollar Windfall: Crypto Fees Far Outpace Investor Gains

CNN reports that Donald Trump launched the $TRUMP memecoin ahead of his inauguration, and while most investors in the token lost money as its value collapsed, Trump’s companies collected hundreds of millions in transaction fees, licensing revenue, and token sales. The Trump Organization affiliates reportedly control about 80% of the supply, allowing him to profit from the token’s market activity regardless of price moves. Overall crypto gains attributed to 2025 largely came from these crypto-related revenue streams rather than direct investments, even as the broader market saw a sharp decline from peak valuations.

via CNN|
#business#crypto#fees
Trump’s crypto windfall: a billion-dollar year from stablecoins and memecoins
business3 months ago

Trump’s crypto windfall: a billion-dollar year from stablecoins and memecoins

The Conversation piece claims Trump earned over $1 billion from crypto last year via three assets tied to World Liberty Financial: the USD1 stablecoin, WLFI governance token, and the $TRUMP memecoin. It explains USD1’s interest-earning model (backed by dollars and Treasury bonds), Binance’s involvement in USD1, a $2 billion UAE fund investment that boosted reserves, and significant profits from the memecoin venture, while noting investigations, regulatory scrutiny, pardons, and concerns about conflicts of interest.

via The Conversation|
#business#cryptocurrency#memecoin
politics5 months ago

Trump’s Memecoin Momentum Fades Ahead of Mar-a-Lago Conference

Trump’s $TRUMP memecoin has fallen more than 95% from its January 2025 high, and a Mar-a-Lago investor dinner this weekend is drawing far less trading than last year’s event. Where the 2025 run-up saw about $12.9 billion in token trading, this year’s activity sits around $1.4 billion. Critics call the venture a self-enriching scheme and ethics watchdogs are watching for conflicts of interest as Senate Democrats push for stronger guardrails. The Mar-a-Lago lineup includes crypto executives plus Mike Tyson and Tony Robbins; Trump will speak at the luncheon and is expected to be in Washington later for the White House Correspondents’ Dinner.

via Politico|
#crypto#ethics#mar-a-lago