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3232A16z Exec Blasts Meme Coins: They Make Crypto Look ‘Like a Risky Casino’
https://www.digit.info/a16z-exec-blasts-meme-coins-they-make-crypto-look-like-a-risky-casino/
Sat, 27 Apr 2024 04:22:47 +0000https://www.digit.info/2024/04/27/a16z-exec-blasts-meme-coins-they-make-crypto-look-like-a-risky-casino/Read more]]>Eddy Lazzarin, CTO of A16z Crypto, one of the largest cryptocurrency-focused venture capital funds, has criticized the meme coins’ effect on the broad appreciation of the cryptocurrency market. Lazzarin stated that meme coins undermined the “long-term vision of crypto” that has maintained some actors in the space, making it look “like a risky casino.” A16z […]
]]>Avalanche Foundation Discloses First Batch of Meme Coin Holdings
https://www.digit.info/avalanche-foundation-discloses-first-batch-of-meme-coin-holdings/
Sat, 16 Mar 2024 07:30:04 +0000https://www.digit.info/2024/03/16/avalanche-foundation-discloses-first-batch-of-meme-coin-holdings/Read more]]>The Avalanche Foundation has disclosed the first set of community coins, also called meme coins, in which the institution has invested under its $100 million Culture Catalyst fund launched in 2022. Coq inu, gecko, kimbo, nochill, and tech are the first five currencies that are part of the foundation’s holdings, and more might be chosen […]