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Crypto PR exec relishes ‘skepticism’ around crypto marketing

Serotonin CEO Amanda Cassatt highlighted that marketing is “a mechanism for perpetrating the fakery and the scams.”

Despite the growing adoption of cryptocurrency, investors shouldn’t get too comfortable trusting marketing and should always do their own research, according to Amanda Cassatt, the founder of Web3 marketing firm Serotonin.

“Marketing is a mechanism for perpetrating the fakery and the scams, and I think people should be very skeptical and do their own research,” Cassatt told Cointelegraph at Token2049 in Singapore.

Cassatt explained that seasoned crypto investors and newcomers should adopt a stance of “skepticism” around crypto marketing and “always do their own research to understand any technology or product they’re using.”

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Infomon Blends Pokémon Go With NFTs and X Integration

Rapper Iggy Azalea to Launch Crypto-Powered Online Casino ‘Motherland’ in November

Rapper Iggy Azalea to Launch Crypto-Powered Online Casino ‘Motherland’ in NovemberIggy Azalea is set to shock the online gambling world with the launch of her new crypto-powered casino, Motherland, in November 2024. Powered by her Solana memecoin, MOTHER, the casino will offer a variety of games, including slots, blackjack, roulette, poker, and sports betting. The launch is part of Azalea’s broader strategy to build a […]

Infomon Blends Pokémon Go With NFTs and X Integration

Celebrity crypto tokens will ‘absolutely’ catch SEC’s eye — Lawyers

Celebrities who have brazenly shilled their memecoins on X in recent months run a high risk of attracting the attention of the SEC and class-action lawsuits.

Celebrities who have recently created and promoted memecoins on Solana could be breaking securities laws and “will absolutely catch the attention” of the United States securities regulator, according to lawyers.

US-based public figures, including Caitlyn Jenner, Iggy Azalea (real name Amethyst Kelly), Jason Derulo (real name Jason Desrouleaux) and many others, have launched and promoted crypto tokens using their likeness since late May.

“Nothing gets the SEC to act faster than shilling a memecoin,” Creo Legal founding director David Chung told Cointelegraph.

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Infomon Blends Pokémon Go With NFTs and X Integration

Sydney Sweeney’s X account hacked to promote crypto memecoin

The self-proclaimed hacker behind Sydney Sweeney’s X account also claims they were behind similar recent hacks on 50 Cent and Hulk Hogan.

The X account of American actress Sydney Sweeney was hacked with now-deleted posts promoting a crypto token bearing her name in an apparent pump-and-dump scheme.

The Solana-based token SWEENEY amassed over $10 million in trading volume within two hours of its launch on July 2, bolstered by several promotional posts made from Sweeney’s X account.

“Well I think it’s time… $sweeney is now live 100mc incoming,” said one of Sweeney’s now-deleted X posts shared online, which Cointelegraph could not independently verify.

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Infomon Blends Pokémon Go With NFTs and X Integration

Rapper Iggy Azalea to Sell Phones and Cell Plans for MOTHER Token or Sol

Rapper Iggy Azalea to Sell Phones and Cell Plans for MOTHER Token or SolAustralian rapper Iggy Azalea, co-founder of a telecommunication company, has announced the relaunch of the company with a unique twist. In a recent social media post, Azalea revealed that customers will now be able to purchase phones and month-to-month cell plans using $MOTHER or Sol. This move is part of a broader effort to increase […]

Infomon Blends Pokémon Go With NFTs and X Integration

Ethereum leaders are stuck in a ‘massive contradiction’ — Wintermute CEO

“You are either building capitalism or planned socialism,” said Wintermute CEO Evgeny Gaevoy, pointing the finger at Vitalik Buterin, Hayden Adams and the wider Ethereum community.

Ethereum leaders must choose between supporting a capitalist or socialist economic system, but they can’t do both, according to digital assets market maker Wintermute CEO Evgeny Gaevoy.

“You are either building capitalism or planned socialism. I’m sorry, you really can’t have both,” Gaevoy declared in a June 6 post on X, following both Ethereum co-founder Vitalik Buterin and Ethereum-based decentralized exchange (DEX) Uniswap founder Hayden Adams’ recent comments regarding the surge of celebrity memecoins.

“If ETH fails in the future it won’t be because “Solana is faster,” it will be because the ETH “elite” is still stuck in a massive contradiction,” he claimed.

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Infomon Blends Pokémon Go With NFTs and X Integration

Mother Token Celebrity Iggy Azalea Mocks Ethereum’s Vitalik Buterin in Breastfeeding Meme

Mother Token Celebrity Iggy Azalea Mocks Ethereum’s Vitalik Buterin in Breastfeeding MemeIggy Azalea, the female rapper and composer behind the MOTHER token issued on Solana, mocked Vitalik Buterin, an Ethereum co-founder, using a meme that shows her carrying a baby with Buterin’s face after being breastfed. Besides posting the described meme, Azalea stated that “he was just hangry (sic).” Azalea’s reaction comes after Buterin’s statements against […]

Infomon Blends Pokémon Go With NFTs and X Integration

Vitalik Buterin critiques celebrity memecoin trend, outlines criteria for respectable projects

Vitalik Buterin criticizes celebrity memecoin trend, outlines criteria for respectable projects that provide value to society and engage participants beyond trading.

The post Vitalik Buterin critiques celebrity memecoin trend, outlines criteria for respectable projects appeared first on Crypto Briefing.

Infomon Blends Pokémon Go With NFTs and X Integration

Iggy Azalea’s anti-scam plan and crypto losses from hacks decline by 12%: Finance Redefined

In a bold move to combat crypto scams, Iggy Azalea pledges to burn her own coins.

The past week in decentralized finance (DeFi) land saw another memecoin frenzy, with celebrities launching their own memecoins — quite a trend shift from 2021–2022 when they launched their own nonfungible tokens (NFTs). Among all the meme hysteria, pop star Iggy Azalea devised a “burning” plan to evade frauds and rug pulls.

In other news, a trader who lost 1,807 liquid-staked Ether (ETH) worth $6.91 million appears to have received a large share of the stolen funds back from scammers. A new report from Immunefi revealed that crypto losses linked to hacks and frauds declined by 12% year-over-year in May.

The top 100 DeFi tokens had a mixed week as price momentum remained sideways where most tokens traded in green and the total value locked in DeFi contracts remained above $100 billion.

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Infomon Blends Pokémon Go With NFTs and X Integration