BitcoinWorld Stablecoin Infrastructure Pioneer M0 Secures Massive $40M Funding The world of digital finance is buzzing with exciting news! M0, a pioneering stablecoin infrastructure developer, has just announced a remarkable achievement: a successful Series B funding round that secured an impressive $40 million. This significant investment highlights growing confidence in the future of stablecoins and the critical infrastructure needed to support their widespread adoption. For anyone following the crypto market, this development signals a major leap forward. What Does This Stablecoin Infrastructure Funding Mean? M0’s recent $40 million Series B funding round was led by prominent venture capital firms, Polychain Capital and Ribbit Capital. Other key participants included Endeavor Catalyst, Pantera Capital, and Bain Capital. This diverse group of investors underscores the broad industry interest in M0’s vision. The deal itself is structured as a mix of equity and a tranche of tokens, which are subject to a lock-up period, demonstrating a long-term commitment from investors. This latest injection of capital brings M0’s total funding to approximately $100 million. Such substantial backing positions M0 as a significant player in the evolving digital asset landscape. The company explicitly stated that this new capital will be primarily utilized for crucial network expansion. This expansion is vital for their core mission: developing a robust network that ensures seamless interoperability and ample liquidity among various stablecoin issuers. Why is Robust Stablecoin Infrastructure So Crucial? Stablecoins are a cornerstone of the modern cryptocurrency ecosystem, offering a bridge between volatile digital assets and traditional fiat currencies. They provide stability, making them ideal for payments, remittances, and hedging against market fluctuations. However, for stablecoins to truly fulfill their potential, they need a strong, reliable underlying infrastructure. M0’s work addresses a critical challenge: creating a unified environment where different stablecoins can interact effortlessly. Imagine a world where USDC, USDT, BUSD, and other stablecoins can move between various blockchain networks and platforms without friction. This is the interoperability that M0 aims to deliver, enhancing both user experience and the overall efficiency of the crypto market. Furthermore, ensuring sufficient liquidity means that users can always convert their stablecoins easily and at fair prices, which is fundamental for trust and utility. Without a robust stablecoin infrastructure , the full promise of digital currencies remains unfulfilled. How Will M0’s Expansion Impact the Crypto Market? The planned network expansion by M0 is poised to have a profound impact. Here are some key benefits we can expect: Enhanced Interoperability: Stablecoins will become more versatile, capable of moving across different blockchains and applications with greater ease. This reduces fragmentation and improves the overall user experience. Increased Liquidity: A more connected network means better access to liquidity pools, making stablecoin transactions smoother and more efficient for everyone, from individual users to institutional traders. Broader Adoption: By making stablecoins more reliable and easier to use, M0’s infrastructure can accelerate their adoption in mainstream finance and everyday transactions. Innovation Catalyst: A robust stablecoin infrastructure provides a stable foundation for developers to build new financial products and services, fostering further innovation within the decentralized finance (DeFi) space. This expansion also signals a maturing market. Investors are increasingly looking beyond speculative assets to fundamental infrastructure that underpins the entire crypto economy. M0’s success is a testament to this shift, highlighting the long-term vision of building a resilient and efficient digital financial system. What Are the Next Steps for Stablecoin Infrastructure Development? M0’s journey is far from over. With this fresh capital, the company will likely focus on several strategic areas: Technological Advancement: Investing in research and development to refine their network architecture and introduce new features. Partnerships: Forging alliances with more stablecoin issuers, exchanges, and blockchain projects to expand the reach and utility of their network. Regulatory Compliance: Navigating the evolving regulatory landscape to ensure their infrastructure remains compliant and secure for global users. Talent Acquisition: Growing their team of engineers, developers, and business strategists to execute their ambitious expansion plans. The success of M0 and similar ventures will largely dictate how quickly and effectively stablecoins integrate into the global financial system. A strong stablecoin infrastructure is not just a technical necessity; it is a foundational pillar for a more accessible and efficient digital economy. In conclusion, M0’s $40 million Series B funding round is more than just a financial milestone; it represents a significant vote of confidence in the future of stablecoins and the critical infrastructure that supports them. With leading investors like Polychain Capital and Ribbit Capital backing their vision, M0 is well-positioned to drive innovation in stablecoin interoperability and liquidity. This development is excellent news for the broader cryptocurrency market, paving the way for a more integrated, efficient, and user-friendly digital financial ecosystem. The ongoing development of robust stablecoin infrastructure is essential for realizing the full potential of digital currencies. Frequently Asked Questions (FAQs) What is M0? M0 is a stablecoin infrastructure developer focused on creating a network that ensures interoperability and liquidity among various stablecoin issuers. What is stablecoin infrastructure? Stablecoin infrastructure refers to the underlying systems, networks, and technologies that enable stablecoins to function, move, and interact seamlessly across different platforms and blockchains. This includes mechanisms for liquidity, interoperability, and security. Who invested in M0’s Series B funding round? The Series B round was led by Polychain Capital and Ribbit Capital, with additional participation from Endeavor Catalyst, Pantera Capital, and Bain Capital. How will M0 use the $40 million funding? M0 plans to use the new capital primarily for network expansion, aiming to enhance the interoperability and liquidity of stablecoins across its platform. Why is stablecoin interoperability important? Stablecoin interoperability is crucial because it allows different stablecoins to communicate and transact across various blockchain networks and applications without friction. This reduces market fragmentation, improves user experience, and boosts the overall efficiency and adoption of stablecoins. Did you find this article insightful? Share it with your network to spread the word about M0’s groundbreaking work in stablecoin infrastructure and its potential impact on the crypto world! To learn more about the latest crypto market trends, explore our article on key developments shaping stablecoin infrastructure institutional adoption. This post Stablecoin Infrastructure Pioneer M0 Secures Massive $40M Funding first appeared on BitcoinWorld and is written by Editorial Team
Tether integrates USDT to the Bitcoin network using RGB technology. This development enhances Bitcoin's utility beyond a store of value. Continue Reading: Tether Brings New Opportunities to Bitcoin Network with USDT Implementation The post Tether Brings New Opportunities to Bitcoin Network with USDT Implementation appeared first on COINTURK NEWS .
BitcoinWorld Rain Raises $58M Series B Led By Sapphire Ventures to Become the Enterprise Stablecoin Platform of Record Rain has experienced 10x growth in 2025 and now powers service to 1.5B+ people through a single integration NEW YORK, Aug. 28, 2025 /PRNewswire/ — Rain , the enterprise-grade infrastructure for stablecoin-powered payments, today announced a $58 million Series B funding round led by Sapphire Ventures, with participation from Dragonfly, Galaxy Ventures, Endeavor Catalyst, Samsung Next, Lightspeed, and Norwest. The raise brings Rain’s total funding to $88.5M and comes just five months after the company’s Series A — cementing Rain’s role as the single integration global fintechs, banks, and marketplaces use to launch compliant stablecoin-powered cards, wallets, and payment programs. Enterprise interest in stablecoins has surged following the GENIUS Act in the U.S. and the MiCA framework in Europe, which have created a clear regulatory path for adoption. Rain’s vertically integrated platform enables partners to embed stablecoins into products and operations — covering money-in, storage, spending, and money-out — all through one API. Partners can compliantly launch programs to over 1.5 billion people today, with expansion underway into Europe, the Middle East, Africa, and Asia-Pacific. Rain has pioneered making stablecoins instantly usable anywhere Visa is accepted through its physical and virtual card programs, processing millions of transactions across 150+ countries. The company’s transaction volume has grown 10x since January 2025, with portfolio partners — including Nuvei, Avalanche, Dakota, and Nomad — using Rain’s infrastructure for merchant payouts, everyday consumer purchases, B2B spend, and cross-border payroll. “Stablecoins are shifting to the backbone of global commerce,” said Farooq Malik, CEO and Co-founder of Rain. “In its earliest form, money moved instantly. We’ve spent centuries slowing it down. Rain is bringing that simplicity back to billions of people, but now it works across any border, any platform, and any currency.” Rain is a Visa Principal Member and uniquely settles 100% of card payment volume directly in stablecoins on the Visa network. The platform is built natively for stablecoins, not retrofitted from fiat rails, and meets enterprise compliance standards including PCI DSS, SOC 2, and audited smart contracts. “Stablecoins have scaled to hundreds of billions in circulation, but until now, they couldn’t be easily spent. Rain is working to fix that by connecting stablecoins to Visa’s global network, turning them into money you can actually use for everyday commerce. We’re proud to partner with Farooq, Charles, and the Rain team as they redefine the future of payments,” said Jai Das, President and Partner at Sapphire Ventures, as well as Rain’s newest Board Director. The new funding will be used to expand Rain’s platform and services to give global institutions the most flexible, modular, and compliant stablecoin infrastructure available. The company is also investing in hiring across engineering, commercial, and compliance teams; helping existing partners scale programs; and entering into new markets where enterprises are embracing stablecoin-based payment workflows. About Rain: Rain is the global stablecoin infrastructure platform for enterprises, neobanks, platforms, and developers. Our technology allows partners to move, store, and use stablecoins instantly and compliantly through global payment cards, on/off-ramps, wallets, and cross-border rails. As a Visa Principal Member, Rain issues cards that work anywhere Visa is accepted, powering millions of purchases in over 150 countries. Built natively for stablecoins and trusted by more than 100 organizations worldwide, Rain delivers secure, scalable infrastructure that makes money move freely and instantly around the world. Learn more at https://www.rain.xyz/ . About Sapphire Ventures: Sapphire is a global software venture capital firm with over $11 billion in AUM and team members across Austin, London, Menlo Park and San Francisco. For more than two decades, Sapphire has partnered with visionary management teams and venture funds to back companies of consequence. Since its founding, Sapphire has invested in more than 170 companies globally resulting in more than 30 Public Listings and 45 acquisitions. The firm’s investment strategies — Sapphire Ventures, Sapphire Partners and Sapphire Sport — are focused on scaling companies and venture funds, elevating them to become category leaders. Sapphire’s Portfolio Growth team of experienced operators delivers a strategic blend of value-add services, tools and resources designed to support portfolio company leaders as they scale. Media Contact: Lucas Piazza Marketing Lead, Rain lucas@rain.xyz This post Rain Raises $58M Series B Led By Sapphire Ventures to Become the Enterprise Stablecoin Platform of Record first appeared on BitcoinWorld and is written by chainwire
BitcoinWorld Breaking: Robinhood TON Listing Signals Massive Growth Potential The cryptocurrency world is buzzing with a significant announcement: the popular U.S. stock and crypto trading application, Robinhood, has officially listed TON. This Robinhood TON listing marks a pivotal moment for The Open Network (TON) ecosystem and could reshape how many users access this promising digital asset. For crypto enthusiasts and new investors alike, this development brings a wave of excitement and new opportunities. What is the Impact of the Robinhood TON Listing? Robinhood’s decision to add TON to its trading platform carries substantial weight. Robinhood boasts a massive user base, many of whom are retail investors new to the crypto space. This move immediately grants TON access to millions of potential new buyers, significantly boosting its visibility and liquidity. The listing on a regulated and widely trusted platform like Robinhood also lends a new layer of legitimacy to TON. It signals that TON has met stringent compliance and security standards, which can increase investor confidence. Moreover, the integration simplifies the process for users, making it easier than ever to buy, sell, and hold TON directly within their existing Robinhood accounts. Why is the Robinhood TON Listing a Game-Changer? The Robinhood TON listing is not just another addition to a trading platform; it represents a strategic advancement for the entire TON ecosystem. Consider these key benefits: Increased Accessibility: Millions of Robinhood users, many of whom are first-time crypto investors, can now easily access TON without needing to navigate complex, crypto-specific exchanges. Enhanced Liquidity: A larger pool of buyers and sellers typically leads to greater liquidity, which can help stabilize prices and facilitate smoother trading. Broader Adoption: As more people gain exposure to TON, its utility and adoption within various applications, especially those connected to Telegram, are likely to grow. Market Validation: Being listed on a mainstream platform like Robinhood provides a strong endorsement, suggesting the asset has met critical due diligence requirements. This development truly positions TON for a new phase of growth and integration into mainstream finance. What Does the Robinhood TON Listing Mean for Investors? For current TON holders, the Robinhood TON listing could translate into increased demand and potentially positive price action. New investors, on the other hand, now have a straightforward entry point into an asset with strong ties to a globally popular messaging application, Telegram. However, it is crucial for all investors to remember the inherent volatility of the cryptocurrency market. While increased accessibility is beneficial, it does not eliminate risks. Investors should conduct their own research and consider their financial goals before making any investment decisions. This new listing offers an exciting avenue, but informed choices remain paramount. The Robinhood TON listing is undoubtedly a landmark event for the cryptocurrency industry. It underscores the growing mainstream acceptance of digital assets and highlights Robinhood’s continued commitment to expanding its crypto offerings. This move promises to bring TON to a wider audience, fostering greater adoption and liquidity. As the crypto landscape evolves, such integrations play a vital role in shaping its future. Frequently Asked Questions (FAQs) 1. What is TON (The Open Network)? TON is a decentralized layer-1 blockchain designed by Telegram to handle millions of transactions per second. It aims to offer fast, transparent, and secure services, including decentralized storage, anonymous networks, and instant payments. 2. Why is Robinhood listing TON a big deal? Robinhood’s listing provides TON with access to millions of retail investors, significantly increasing its visibility, liquidity, and perceived legitimacy in the mainstream financial market. 3. Can I trade TON on Robinhood immediately? Yes, once the listing is active on Robinhood, users can typically buy, sell, and hold TON directly through their Robinhood accounts, subject to regional availability and Robinhood’s terms of service. 4. What are the potential benefits for TON from this listing? Benefits include increased investor confidence, higher trading volumes, greater market liquidity, and broader adoption of the TON ecosystem, especially given its connection to Telegram. 5. Are there any risks associated with investing in TON after the Robinhood listing? Yes, all cryptocurrency investments carry risks, including market volatility, regulatory changes, and technological developments. Investors should always conduct thorough research and invest responsibly. If you found this article insightful, consider sharing it with your network! Help others understand the exciting implications of the Robinhood TON listing by spreading the word on social media. To learn more about the latest crypto market trends, explore our article on key developments shaping TON’s institutional adoption . This post Breaking: Robinhood TON Listing Signals Massive Growth Potential first appeared on BitcoinWorld and is written by Editorial Team
The Sandbox co-founders, Arthur Madrid and Sebastien Borget, have transitioned to new strategic roles amid an ongoing business optimization, Borget told Cointelegraph.
BitcoinWorld USDT on Bitcoin: Tether’s Revolutionary Move Transforms Stablecoin Transfers The cryptocurrency world is buzzing with excitement! Tether, the issuer of the world’s largest stablecoin, has made a pivotal announcement: they now officially support native USDT on Bitcoin . This isn’t just another update; it’s a game-changer that could significantly enhance how we interact with stablecoins and the broader Bitcoin ecosystem. For years, USDT on Bitcoin was primarily facilitated through the Omni Layer, but this new development marks a direct, native integration, promising a more streamlined and efficient experience for users worldwide. What Does Native USDT on Bitcoin Truly Mean? Understanding “native” support is crucial. Previously, if you used USDT on the Bitcoin network, it often relied on the Omni Layer protocol, which sits atop Bitcoin. While functional, it added a layer of complexity. With native support, USDT on Bitcoin transactions can now be processed directly on the Bitcoin blockchain, similar to how regular Bitcoin transactions occur. This means the stablecoin leverages Bitcoin’s inherent security and robustness more directly than ever before. This shift represents a significant leap forward in stablecoin infrastructure. It simplifies the process for developers, exchanges, and everyday users. Instead of relying on a secondary protocol, transactions involving USDT on Bitcoin are now more integrated, potentially leading to greater adoption and utility across the crypto landscape. Unlocking Immense Benefits: Why Native USDT on Bitcoin Matters The implications of this move are substantial, bringing a host of advantages for anyone involved in the crypto space. This direct integration of USDT on Bitcoin promises to make stablecoin transfers more efficient and user-friendly. Here are some key benefits: Enhanced Speed: Native transactions often lead to faster confirmation times, meaning your stablecoin transfers can complete more quickly. Reduced Fees: While transaction fees vary, direct integration can potentially streamline the fee structure, making stablecoin transfers more cost-effective. Increased Security: By directly leveraging Bitcoin’s battle-tested security model, users can have even greater confidence in the safety of their USDT on Bitcoin holdings. Simplified Integration: For wallets, exchanges, and other services, integrating native USDT becomes more straightforward, fostering broader support and accessibility. Broader Utility: This move expands Bitcoin’s utility beyond just being a store of value, solidifying its role as a foundational layer for other digital assets. Navigating the Path Forward: Challenges and Future Outlook for USDT on Bitcoin While the benefits are clear, every major development comes with its own set of considerations. The widespread adoption of native USDT on Bitcoin will depend on several factors. For instance, cryptocurrency exchanges and wallet providers will need to update their systems to fully support this new native standard. This integration process takes time and resources, meaning a gradual rollout of full support is likely. Moreover, user education will be vital. Many users are accustomed to USDT on other networks like Ethereum (ERC-20) or Tron (TRC-20). Explaining the nuances of native Bitcoin integration and how it differs from previous methods will be key to smooth adoption. Despite these challenges, the long-term outlook is incredibly positive. This move by Tether could pave the way for more innovative financial products and services built directly on the Bitcoin network, further blurring the lines between traditional finance and decentralized applications. A Transformative Step for Stablecoins and Bitcoin Tether’s decision to support native USDT on Bitcoin represents a significant milestone for the entire cryptocurrency ecosystem. It underscores Bitcoin’s enduring importance as a foundational blockchain and enhances the utility of the world’s leading stablecoin. By offering a more direct, secure, and potentially efficient way to transfer value, Tether is not only improving its own product but also contributing to the broader maturation of the digital asset space. This development empowers users with more choices and reinforces the potential for Bitcoin to serve as a robust backbone for diverse financial innovations. Frequently Asked Questions about USDT on Bitcoin Q1: What exactly is native USDT on Bitcoin? A1: Native USDT on Bitcoin means that Tether’s stablecoin can now be directly issued and transferred on the Bitcoin blockchain itself, without relying on intermediary layers like Omni. Q2: How is this different from previous USDT on Bitcoin (Omni Layer)? A2: Previously, USDT on Bitcoin was primarily facilitated via the Omni Layer protocol, which is a separate layer built on Bitcoin. Native support means USDT transactions are now processed directly as standard Bitcoin transactions. Q3: What are the main advantages of this native integration? A3: Key benefits include potentially faster transaction speeds, lower fees, enhanced security by leveraging Bitcoin’s core network, and simpler integration for wallets and exchanges. Q4: Do I need to do anything with my existing USDT on Omni Layer? A4: No, existing USDT on the Omni Layer will continue to function as usual. The new native support provides an additional option for users and services. Q5: How will this impact the Bitcoin network? A5: This move could increase transaction volume and utility on the Bitcoin network, reinforcing its role as a robust and versatile blockchain for various digital assets, not just BTC. This is a pivotal moment for stablecoins and the Bitcoin ecosystem! We encourage you to share this article with your network to spread awareness about Tether’s groundbreaking move. Let’s discuss the future of USDT on Bitcoin and its potential impact on the crypto world together! To learn more about the latest Bitcoin trends, explore our article on key developments shaping Bitcoin’s institutional adoption. This post USDT on Bitcoin: Tether’s Revolutionary Move Transforms Stablecoin Transfers first appeared on BitcoinWorld and is written by Editorial Team
Tether, the cryptocurrency industry's largest stablecoin USDT issuer, made an important announcement. Tether officially announced that it will be bringing USDT support to the Bitcoin network. This will allow local USDT transfers to be made directly to Bitcoin wallets. With this new move, Tether will now be able to operate directly on the Bitcoin network. Tether will launch USDT on RGB, its second-layer protocol built on Bitcoin, enabling native transfers of USDT to a Bitcoin wallet. Users will be able to hold USDT alongside their Bitcoin in the same wallet and transfer it directly. Tether announced today its plans to launch USDT on RGB, a next-generation protocol for issuing digital assets via Bitcoin. This combination of Bitcoin's security and Tether's stability represents a significant step toward truly integrating stablecoins into the Bitcoin ecosystem.” By bringing USDT to RGB, Tether is helping to open a new frontier for money in Bitcoin. Users will be able to hold and transfer USDT in the same wallet as their Bitcoin, enjoy the benefits of private and sovereign transactions, and even send and receive value offline. Tether CEO Paolo Ardoino said: “Bitcoin deserves a stablecoin that feels truly native, lightweight, private, and scalable. With RGB, USDT gains a powerful new foothold in Bitcoin, reinforcing our belief that Bitcoin is the foundation for a freer financial future. This announcement underscores Tether's leadership in expanding the reach of stablecoins and its commitment to ensuring that Bitcoin remains not only the original cryptocurrency, but also the foundation of global, everyday money.” Tether to Launch USD₮ on RGB, Expanding Native Bitcoin Stablecoin Support https://t.co/pige2t9Cc3 — Tether (@Tether_to) August 28, 2025 *This is not investment advice. Continue Reading: JUST IN! Tether (USDT) Announces Major Bitcoin (BTC) Announcement! Here's Everything You Need to Know!
Nasdaq-listed AirNet Technology announced completion of a private placement that issued 80,826,225 common shares with accompanying warrants, raising approximately $180 million, according to COINOTAG News on August 28. The transaction
Tether, the world’s largest digital asset company, has announced plans to launch USDT on RGB, a next-generation protocol for issuing digital assets on Bitcoin. Tether to Launch USD₮ on RGB, Expanding Native Bitcoin Stablecoin Support https://t.co/pige2t9Cc3 — Tether (@Tether_to) August 28, 2025 RGB recently reached mainnet with its 0.11.1 release and is designed to expand Bitcoin’s role beyond a store of value. By enabling private, scalable, and user-controlled issuance of assets, RGB creates a pathway for stablecoins to exist natively on Bitcoin’s blockchain. Native, Private, and Scalable Payments In a blog post Tether said with this launch, users will be able to hold and transfer USDT alongside their Bitcoin in the same wallet. RGB’s architecture will allow USDT to run directly on Bitcoin’s infrastructure. According to Tether this also opens the door for advanced features such as offline transactions, giving users greater flexibility and resilience in payment scenarios. For billions of people globally, the combination of Bitcoin’s security and Tether’s stability signals a step toward stable, everyday digital money. A Freer Financial Future? Paolo Ardoino, CEO of Tether, explains the importance of this move: “Bitcoin deserves a stablecoin that feels truly native, lightweight, private, and scalable. With RGB, USDT gains a powerful new pathway on Bitcoin, reinforcing our belief in Bitcoin as the foundation of a freer financial future.” The launch underlines Tether’s leadership in driving stablecoin innovation and expanding support across blockchain ecosystems. By making USDT native to Bitcoin through RGB, Tether is ensuring that the world’s first cryptocurrency continues to serve as the bedrock of a global, decentralized financial system. The post BREAKING: Tether Stablecoin USDT Coming to Bitcoin Blockchain appeared first on Cryptonews .
When Kanye West unveiled his YZY token on August 20, hype surged across the Solana network. Thousands of fans and traders piled in, hoping to ride the momentum of a celebrity-backed memecoin. But within hours, the excitement turned into a painful reality for most. According to blockchain analytics firm Bubblemaps, a few days after launch, updated data show that out of more than 70,000 wallets that traded YZY , nearly three-quarters ended up in the red. That’s over 51,000 wallets collectively losing around $74.8 million. Meanwhile, a handful of early movers walked away with staggering profits; just 11 wallets pocketed over $1 million. Breakdown of earnings of YZY trading data. Source: Bubblemaps via X . Analysts report disproportionate ledger of losses and gains Bubblemaps’ breakdown shows just how uneven the results were for YZY investors. Out of 70,201 total traders, 51,862 wallets lost money. The majority, over 50,000 wallets, saw losses between $1 and $1,000. Another 5,269 wallets dropped between $1,000 and $10,000, while more than 1,000 wallets lost anywhere from $10,000 to $100,000. At the high end, 108 wallets were down six figures, and three wallets lost over $1 million each. On the green side, over 18,300 wallets came away with profits, but the vast majority gained very little. Bubblemaps reported that 15,792 wallets made less than $1,000, while about 30% of all profits were concentrated in just 11 wallets, which together netted millions. Allegations of YZY manipulation Just hours after launch, YZY price collapsed by nearly 70%. Investigators quickly pointed to market manipulation as a likely cause. Bubblemaps alleges that sniping bots and well-known “insiders” positioned themselves to scoop up supply before the general public could buy. One pseudonymous trader, known as “Naseem,” who had previously made tens of millions from Donald Trump’s TRUMP token, was reportedly among YZY’s first buyers. Another figure identified was Hayden Davis , a serial participant in controversial token launches. Bubblemaps claims Davis walked away with $12 million by sniping YZY, and it follows a similar pattern to his involvement in past projects like LIBRA and MELANIA tokens that also collapsed soon after launch. “The past week truly exposed the failures of our industry,” Bubblemaps said in a post on X . “Despite our collective efforts as investigators, builders, and communities – the same names keep running the same scams. The playbook is simple: infiltrate big launches, get in early, and extract millions. It’s happening in plain sight, and no one is stopping it.” The celebrity crypto token trap strikes again Kanye West has not commented publicly on YZY’s collapse or the allegations of manipulation. In fact, he had previously rejected the idea of launching a token, saying memecoins “prey on the fans with hype.” That stance seemed to change with YZY’s debut, which he promoted heavily. With nearly $75 million in losses spread across tens of thousands of small traders, the episode has reignited debate about whether regulators should step in more aggressively to curb manipulation in the memecoin sector and have more backing of the law to punish bad actors such as Hayden Davis. Get up to $30,050 in trading rewards when you join Bybit today