Pi network cryptocurrency
The dramatic collapse prompted investors to file a class-action lawsuit against those behind the project. The lawsuit targets OverHere Ltd (the company behind $HAWK), its founder Clinton So, an influencer named Alex Larson Schultz (known as “Doc Hollywood”), and the “Tuah the Moon Foundation https://www.casino-review-au.org/.”
The internet personality’s statement comes two weeks after the devastating crash of her cryptocurrency. On December 4, Welch launched her highly-anticipated memecoin, which flourished to a whopping $500 million on Solana. However, just 20 minutes into the launch, $HAWK plunged to $60 minutes, costing some investors their “whole life savings.”
The attorney further clarified that because no action was brought against Welch, there are no restrictions on her future involvement in cryptocurrency or securities. When contacted by media outlets, the SEC declined to comment on the investigation.
The investors are now suing the company Tuah The Moon Foundation, which was used to take in the money received from the sale of the memecoin. The investors are also suing the company’s chief financial backers, listed as Hong Kong-based Overhere Ltd., its chief executive, Clinton So, and a Los Angeles-based online promoter, Alex Larson Schultz.
What is cryptocurrency
The world’s second-largest cryptocurrency, Ethereum, uses 62.56 kilowatt-hours of electricity per transaction. XRP is the world’s most energy efficient cryptocurrency, using 0.0079 kilowatt-hours of electricity per transaction.
In 1983, American cryptographer David Chaum conceived of a type of cryptographic electronic money called ecash. Later, in 1995, he implemented it through Digicash, an early form of cryptographic electronic payments. Digicash required user software in order to withdraw notes from a bank and designate specific encrypted keys before they could be sent to a recipient. This allowed the digital currency to be untraceable by a third party.
Cryptocurrencies are fungible, meaning the value remains the same when bought, sold, or traded. It is not the same as non-fungible tokens (NFTs), which have fluctuating values dependent on many variables, such as the digital asset it’s attached to. The market capitalization of crypto depends on the number of coins in circulation. Although the cryptocurrency market is not heavily regulated by the US government, they are taxable assets. You’ll need to file any profit or loss with the Internal Revenue Service (IRS).
The world’s second-largest cryptocurrency, Ethereum, uses 62.56 kilowatt-hours of electricity per transaction. XRP is the world’s most energy efficient cryptocurrency, using 0.0079 kilowatt-hours of electricity per transaction.
In 1983, American cryptographer David Chaum conceived of a type of cryptographic electronic money called ecash. Later, in 1995, he implemented it through Digicash, an early form of cryptographic electronic payments. Digicash required user software in order to withdraw notes from a bank and designate specific encrypted keys before they could be sent to a recipient. This allowed the digital currency to be untraceable by a third party.
Cryptocurrencies are fungible, meaning the value remains the same when bought, sold, or traded. It is not the same as non-fungible tokens (NFTs), which have fluctuating values dependent on many variables, such as the digital asset it’s attached to. The market capitalization of crypto depends on the number of coins in circulation. Although the cryptocurrency market is not heavily regulated by the US government, they are taxable assets. You’ll need to file any profit or loss with the Internal Revenue Service (IRS).
Hawk tuah girl cryptocurrency
The sudden drop in value caused backlash from Welch’s fans, with one person calling her out online as they wrote: «I am a huge fan of Hawk Tuah but you took my life savings. I purchased your coin $Hawk that you were so excited about with my life savings and children’s college education fund as well.»
Tuah The Moon Foundation, which oversaw the memecoin’s finances, OverHere Ltd, which created the coin, and Clinton So, executive at OverHere, have all been named in the lawsuit alongside the coin’s promoter Alex Larson Schultz.
Welch and the team at overHere Ltd, which was responsible for creating the $HAWK coin, hopped on a Twitter Spaces stream on the night of the launch to try to explain what happened. It went…poorly. Crypto scam reporter and YouTuber Coffeezilla got on the mic and called out the creators for allegedly selling a sizable chunk of the tokens to insiders before launch while only releasing 3% to the public for trading as well as paying themselves high transaction fees. The result looked a lot like a rug pull that saw a bunch of Hawk Tuah fans left holding the bag.
Cryptocurrency shiba inu
The live Shiba Inu price today is $0.000016 USD with a 24-hour trading volume of $517,912,874 USD. We update our SHIB to USD price in real-time. Shiba Inu is up 4.78% in the last 24 hours. The current CoinMarketCap ranking is #15, with a live market cap of $9,471,658,180 USD. It has a circulating supply of 589,249,858,263,323 SHIB coins and a max. supply of 589,552,695,333,683 SHIB coins.
Most meme currencies offer no utility whatsoever. Shiba Inu, however, has a community-driven rescue campaign for Shiba Inu dogs and an ecosystem of products and services, including a decentralized exchange named ShibaSwap. The peer-to-peer trading platform lets users trade SHIB to and from other cryptocurrencies. Users can also provide liquidity and stake the ecosystem’s three tokens (deposit them into a smart contract) to earn interest.
However, greater congestion on Ethereum means that transactions can get slower and more expensive in terms of gas fees. As a result, many scaling solutions have been launched that take care of both of these problems.
Similar to Dogecoin, Shiba Inu’s major differentiating factor is its community. A single day after its July 2021 launch, ShibaSwap saw $1 billion in liquidity, showing the level of investment of its community.
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