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The event highlights the region's growing role in blockchain innovation.
Argentina has emerged as the top market by numbers of visitors on Binance, one of the worlds largest crypto exchanges.
Libertarian Argentina has enormous possibilities under his leadership, Milei tells Sam Altman.
The following is a guest post and opinion from José Fernando Pereira, Executive Director at Own. Meme coins. They evolved from community experiments into extraction systems that exploit fundamental human greed. Life-changing wealth from one well-timed trade. Behind this operates sophisticated machinery. Professional launches with hundreds of thousands of marketing dollars targeting the most susceptible […]
The post The extraction economy vs the power of owning real assets appeared first on CryptoSlate.
Javier Milei, a liberal presidential candidate in Argentina, stated recently that he has the funds needed for the dollarization of the country at the current market prices. Milei noted that his team had signed an NDA (non-disclosure agreement) with unknown third parties that would provide the liquidity needed to close the Central Bank of Argentina.
The post Presidential Candidate Javier Milei Claims He Has the Funds to Dollarize Argentina appeared first on BTC Ethereum Crypto Currency Blog.
An Argentine prosecutor has requested a judge to issue an Interpol Red Notice for Hayden Davis, an American citizen allegedly involved in the launch of the controversial LIBRA memecoin that has entangled Argentine President Javier Milei in a dramatic political scandal. LIBRA Memecoin Scandal The request, made by prosecutor Gregorio Dalbón, reviewed by Fortune, accuses Davis of being a key figure behind the LIBRA memecoin. The token gained significant attention after President Milei endorsed it on Valentines Day. Following Milei’s endorsement, LIBRA’s market capitalization soared to over $4.5 billion. However, its value quickly collapsed, plummeting by more than 99% to approximately $18 million. Blockchain analysts later revealed that certain insiders sold large amounts of the token shortly after Milei publicly supported it. Related Reading: Solana Price Crash To $90? Why A 26% Decline Could Rock This Crypto In his request for the Red Notice, Dalbón expressed concerns that Davis might evade justice, citing his financial resources that could facilitate his flight or concealment. The possibility that Davis will abandon his country of residence or hide to avoid answering for his alleged acts appears to be aggravated by the economic resources he possesses, Dalbón stated, emphasizing the urgency of the situation. Interpol, the International Criminal Police Organization, facilitates international cooperation among law enforcement agencies in its 196 member countries, including the US and Argentina. A Red Notice serves as a request for member countries to locate and provisionally arrest individuals pending extradition. Federal Investigation Launched Into Javier Milei’s Endorsement Davis has not publicly responded to the allegations, nor have his family members, including his brother Gideon and father Charles, who are involved in their family crypto venture, Kelsier Ventures, Fortune reported. Yet, the controversy surrounding LIBRA is further complicated by its connection to former President Donald Trump, who recently launched his own memecoin named TRUMP. Trump’s endorsement of cryptocurrency has been characterized as part of his broader strategy to position himself as a pro-crypto advocate. Related Reading: Bitcoin Bottom Confirmed? Data Shows 87.5% Chance The Worst Is Over Following Milei’s endorsement, Davis openly acknowledged his role as an advisor to the Argentine president, stating, “I am indeed Javier Mileis advisor.” He also claimed responsibility for the launch of a separate memecoin associated with Melania Trump. The fallout from the LIBRA launch has prompted legal inquiries, including a federal investigation into Mileis actions. Both Milei and Davis have denied any wrongdoing, but the political implications of this incident are significant, as it raises questions about the accountability and regulation of cryptocurrencies in Argentina. At the time of writing, the memecoin is trading at $0.060, down over 90% from its all-time high reached on Valentine’s Day. Featured image from DALL-E, chart from TradingView.com
Around 86% of traders lost investments in the LIBRA crypto crash following an endorsement by Argentina's President Javier Milei. Analysis by Nansen reveals insider gains and market chaos.
Argentine President Javier Milei indicated that a new agreement with the IMF is nearing completion, using his annual address to Congress to emphasize progress on his economic reforms.
The post Argentine President Javier Milei Pushes IMF Deal as Crypto Scandal Sparks Political Turmoil appeared first on Kanalcoin.
Javier Milei, a presidential candidate for the next election in Argentina, has presented a dollarization plan to fix the economy of the country if elected. The proposal, which has supporters and detractors, would aim to solve the historic devaluation of the Argentine peso and the 100%+ interannual inflation that Argentina registered in March. Dollarization Surges [...]
The post Argentina Debates Dollarization in the Midst of Rampant Devaluation and Inflation appeared first on Crypto Breaking News.
Palm Beach gets its own NFT restaurant offering a range of benefits for members, while the PGA partners with Tom Brady-backed NFT platform Autograph.
Javier Milei, the libertarian president of Argentina, has ruled out the possibility of applying his dollarization plan during 2024. In an interview with local media, Milei stated that while dollarization and the free convertibility of coins was the final goal of his administration, there was no time to clean up the country’s economy and implement [...]
The post Argentine President Javier Milei Rules out Dollarization Process in 2024 appeared first on Crypto Breaking News.
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador to deepen its Bitcoin commitment if President Bukele gets reelected, Argentine President Javier Milei drops crypto tax matters from Omnibus Bill, and Venezuela gets hit by gold sanctions. El Salvador to [...]
The post Latam Insights: El Salvador Reinforces Its Bitcoin Allegiance, Milei Drops Crypto From Omnibus Bill appeared first on Crypto Breaking News.
Javier Milei, the libertarian president of Argentina, is seeking to stop the issuance of money by the country’s central bank. Milei stated he would send a bill to Congress to penalize issuing money with jail time, explaining that central bank officials approving these movements would be incarcerated. Argentine President Javier Milei Aims to Establish Seigniorage [...]
The post Argentine President Javier Milei Seeks to Penalize Central Bank Money Issuance appeared first on Crypto Breaking News.
Does George Asibal, the CEO of Filipino trading organization ZFT still stands by his statement that crypto remains an insider's game?
LIBRA fiasco deepens as allegations of corruption reach the highest levels of Argentinas government. At the center of the drama is Hayden Davies, creator of the meme coin who is also a key figure in Milei’s crypto cabinet. Onchain sleuths exposed messages between Davies and an anonymous businessman that revealed money was paid to President […]
The co-creator of Libra has recently made a bold assertion that he paid Javier Milei’s sister for promoting a token related to Libra. This revelation has stirred up controversy and raised questions about the integrity of the project. Libra, Facebook’s proposed digital currency, has faced numerous challenges and setbacks since its announcement. Critics have raised [...]
The post Libra Co-Creator Boasted About Paying Javier Milei’s Sister for Token Post: New Report Unveils appeared first on Crypto Breaking News.
From the ill-fated tweet to the eventual rugpull and unravelling of crypto insiders, here's everything to know about the Libra controversy.
Argentina’s President, Javier Milei, has refuted claims of promoting the Libra token. In a recent statement, Milei clarified that he is not associated with any promotions or endorsements related to the controversial cryptocurrency. The President’s denial comes after rumors surfaced that he was actively supporting Libra and encouraging its adoption in Argentina. However, Milei has [...]
The post Argentine President Javier Milei refutes involvement in promoting unsuccessful LIBRA memecoin appeared first on Crypto Breaking News.
In an exclusive interview with investigative YouTuber Coffeezilla, Hayden Davis, a key figure behind Argentina's Libra token, broke his silence on the controversy surrounding the project.
In a detailed statement posted on X (formerly Twitter), the Jupiter team denied any direct involvement in the token's early dealings.
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