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GROK, an X AI-inspired token, lost nearly $100 million in capitalization in the past 24 hours as its developer was linked to previously rug-pulled projects. The token is inspired by, but is completely unrelated, to Grok AI, a chatbot service by Elon Musk-owned X that’s currently in beta testing. Source
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The price of a memecoin drawing its namesake from Elon Musk’s artificial intelligence project “Grok” plummeted over 70% after blockchain sleuth ZachXBT alleged the token’s social media account was recycled from a scam token project.In a Nov. 13 X (formerly Twitter) post, ZachXBT shared screenshots showing various social media accounts
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Total liquidity for the token is a paltry $3.5 million on decentralized exchanges, meaning a single significant sale could instantly topple the rise. Source
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“We've been operating for over two years, bringing Doge to places she's never been, including Hollywood, EDM bangers and space (The Doge NFT going on a SpaceX mission to moon),” tridog of PleasrDAO, the community that owns the NFT, told CryptoX in an email. Source
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To fund the expected battle, Grey last week proposed the community reserve $4 million of the protocol's treasury funds for a "Sushi DAO Legal Defense Fund." The fund, which is almost as much as the DAO's annual operating expenses, received swift backlash on the community's Discord channels, becoming a sticking
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A proposal by Nouns revealed that Peleg was offered $140,000 in funding for the 3D-printed fashion collection. A web3 enthusiast and fashion designer Danit Peleg recently showcased her first 3D-printed fashion collection inspired by 3D NFT community Nouns. Since Nounces went live in 2023, the Ethereum project auctions a new
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The U.S. Securities and Exchange Commission is warning investors away from casual crypto speculation through mock game-show style videos. Source
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The founder of the Tron network, Justin Sun, has bought a Joker-inspired artwork by Bored Ape Yacht Club Tron (BAYCTron), one of the first and most popular NFT collections on his blockchain today. The price tag? A stunning 150,000,000 TRX or $15 million. With this transaction, the artwork BAYCT #6666 takes
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Non-fungible tokens art inspired by Kai-Fu Lee and Chen Qiufan’s new book AI 2041: Ten Visions For Our Future will be released by NFT platform TR Labs, said a TR Labs statement shared with CryptoX.The collaboration is “one of the first cross-medium projects between authors and artists representing two promising
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Hany Rashwan, CEO of Amun/21Shares, explains how the proverbial bitcoin lightbulb went off when his native Egypt’s currency devalued in 2016.Hany Rashwan is the CEO of Amun/21Shares, the creator of a variety of publicly traded crypto products with over $100 million assets under management. In this conversation, he and NLW discuss: Source
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