Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Today in crypto, a Trump-promoted brand touted the GOLD token shortly before its collapse, Solana validators approved a proposal to accelerate SOL disinflation, and California lawmakers passed a bill restricting public officials’ involvement in memecoin issuance.
A Trump-linked coin brand promoted the “Trump Digital GOLD” token shortly before it collapsed, raising questions about the launch and unusual trading activity.
Blockchain analytics platform Lookonchain said the developer and 15 newly created wallets controlled 82.45% of GOLD’s supply. The wallets later sold 224.5 million tokens for about $330,000, making an estimated $312,000 profit.
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