Author: RedWave Media
Haliey Welch is a popular internet personality known as Hawk Tuah Girl who has been embroiled in controversy after launching her meme coin HAWK on the Solana blockchain.The rapid rise and fall of this token has drawn sharp criticism from the cryptocurrency community, with accusations of unethical practices that could attract regulatory appeal.hawk meme coinOn December 4th, Memecoin debuted on the Solana blockchain to much acclaim and within minutes skyrocketed to a market cap of $500 million, only to plummet to $60 million soon after.This erratic performance has left many investors outraged, with the token being sold in a pump-and-dump…
Circle Internet Financial, the issuer of the world's second-largest stablecoin USD Coin (USDC), has cut some jobs as part of a regular operational review, Bloomberg reported on Thursday.According to the report, a Circle spokesperson said the layoffs amount to “less than 6% of the company's workforce.”Circle, which filed for an initial public offering in the U.S. in January, had 882 employees as of June, so 6% equates to just over 50 employees. “Circle regularly reviews our investments and expenses, including investments in our team and operational infrastructure where we need to grow, while spending in other areas of the business…
Bitcoin surpassed the $100,000 mark for the first time, and its market capitalization reached $2 trillion. The milestone follows a series of new highs over the past few weeks, driven by market momentum following the US presidential election.The election of Donald Trump, who promised a policy to promote cryptocurrencies, contributed to the sharp rise in Bitcoin prices. Since his victory in early November, Bitcoin's price has risen more than 30%, reaching $93,400 on November 13th.The digital asset continued to set records, reaching $93,900 on November 19th and $94,300 on November 20th. On November 21st, Bitcoin soared to $98,200 before falling…
Circle receives approval from OSC and CSA after meeting VRCA requirements In July, Circle became the first stablecoin issuer to receive a license under the EU's MiCA regulation. Circle has become the first stablecoin issuer to meet Canada's new regulatory requirements for stablecoins. In an announcement from Circle, which issues USDC, a USD-based stablecoin, the company said it has received approval from the Ontario Securities Commission (OSC) and the Canadian Securities Administrators (CSA). By meeting Canada's Value Referenced Cryptoassets (VRCA) requirements, Circle's USDC can be offered on registered Canadian crypto asset trading platforms that meet the standards. Circle co-founder and…
MichaelSvoboda/iStock/Getty Images Plus The LPGA and USGA on Wednesday announced updates to their gender policies that effectively ban most so-called transgender women (biological males) from participating on the women's tour. The update reverses a 2010 policy that allowed biological males to play as women, offering “gender reassignment” surgery and accompanying hormone treatment.The new policy will take effect on January 1, 2025 and apply to the LPGA Tour, Epson Tour, LET, LETAS, LPGA Professional and Girls Golf. Unfortunately, carve-outs still exist for people who have sex reassignment surgery before puberty.”We remain committed to providing opportunities for everyone to compete…
Popular talent Hayley Welch has released her official token on the Solana blockchain. This is the latest in a long line of celebrity tokens circulating on the network.Welch made headlines earlier this year for using the onomatopoeic word “taka tua” to describe a sexual act. “Hawk Tuah” quickly became a meme phase across social platforms, turning Welch from a minimum wage worker who didn't even have an Instagram account to an overnight sensation.As is often the case with memes, “Taka Tua” has now appeared on the blockchain. Welch's HAWK token was launched on Solana-based exchanges on Wednesday at 22:00 UTC…
Mike Karasnik/Wikimedia Commons Some companies advertise bankruptcy. Bud Light, for example, heralded its descent into awakened darkness with its “trans” influencer ad campaign. It didn't end well (though it actually hasn't ended yet). Jaguar displayed symptoms of rabies in a commercial featuring what appears to be a sexually deranged extraterrestrial being visiting Earth. It remains to be seen whether this will send automakers hurtling across the finish line, or whether it will just be a dead end.However, on the other hand, there are companies that keep their minds close to the vest while doing damage to society without…
AP image While some have criticized President Joe Biden's pardon for his son Hunter, it has drawn anger and ridicule from critics on the right and left. But commentator Glenn Greenwald highlighted one advantage for the president.Not only did he protect his son Hunter from a prison sentence, he also protected himself.Greenwald explained the reason. In the same year that Mr. Hunter was traveling the world, lining his pockets with money from sources in China, Ukraine and Romania, the senior Biden was in a position to distribute those profits. That's what at least one email found on Hunter…
Stock Camera/License/Getty Images Plus Another brief supporting Smith & Wesson's defense against Mexican interference in the American firearms industry came from an unexpected source, using new but compelling arguments. The House of Representatives' bipartisan legal advisory group submitted a recommendation Tuesday, saying Mexico's move violates the Constitution's separation of powers.The brief states that if the First Circuit Court of Appeals' ruling overturning a lower court's decision that Mexico could not sue remains in effect, the House of Representatives' privilege to legislate based on the U.S. It is conclusively asserted that the above is invalid. Constitution (Article 1, Section…
In the latest legal front in the culture wars, the left is fixated on the Supreme Court's impending ruling on a Tennessee law aimed at curbing the excesses of the so-called “trans movement.” A corrupt media is elevating this movement to the same heroic status as transgender people. Pro-abortion movement. This episode also includes: Collapse of French government could throw the entire EU into turmoil United Nations world court imposes penalties on countries that comply with climate change Trump's questionable drug enforcement agency picks withdrawn from consideration
