When Memes Mislead: The Fake Nasdaq Coin That Tricked the Real Nasdaq
A fake meme coin, posted by a Nasdaqmeme X account and quickly shut down after a Nasdaq repost. Circle acquires Hashnote to integrate yield-bearing collateral with USDC. US President Trump launches his own meme coin, stirring crypto intrigue.
What's real and what's meme
X account Nasdaqmeme with a golden certification posted a meme coin, and the real Nasdaq account reposted.
People usually won't be tricked, but after Trump's own memecoin, everything is possible now. But this time it's a fake meme, in half an hour the Nasdaqmeme account has been suspended, and Nasdaq account has deleted that repost.
The coin: https://pump.fun/coin/6NcdiK8B5KK2DzKvzvCfqi8EHaEqu48fyEzC8Mm9pump hit $0.088 peak price and now at $0.002755.
Circle acquiring Hashnote to enter tokenization
Crypto firm Circle acquired Hashnote, the issuer of the $1.3 billion tokenized money market fund USYC, in a push for yield-bearing collateral. Press release at:
https://www.circle.com/pressroom/circle-announces-acquisition-of-hashnote-and-usyc-tokenized-money-market-fund-alongside-strategic-partnership-with-global-trading-firm-drw.
The acquisition highlights the close relation between two of the hottest trends of crypto adoption: stablecoins and tokenization. Circle aims to integrate USYC with USDC, Circle’s flagship stablecoin, enabling convertibility between cash and yield-bearing collateral on blockchains, the press release said.
Trump's 1st week onboard
President Donald Trump inaugurated on Jan. 20 as the 47th President of the United States, shortly after he issued his own Meme coin. In his inaugural address, he emphasized themes of unity, strength, and fairness, focusing on key issues such as high inflation, immigration policies, border control, energy production, and oil.David Bailey, CEO of @bitcoinmagazine, mentioned EOs related to Bitcoin or crypto are among the first 200 of President Trump's to-do. However, speaking Tuesday afternoon to a group of reporters, when asked about his official memecoin that debuted Friday night, he said "I don't know much about it other than I launched it," Trump said. "I heard it was very successful. I haven't checked."
1Token's Service
Serving 60+ Clients worldwide, 1Token's Crypto PMS, RMS, and Portfolio Accounting Software has the unique trading know-how and technology capabilities to build:
- Front office (portfolio managers and traders) to view live position and exposure, calculate trading PnL and historical performance.
- Middle office (ops and risk) to maintain portfolios and API accounts, book OTC trades, monitor risk metrics and analyze VaR/STV, generate shadow NAV with investor subscription/redemption/dividend.
- Back office (admin and auditors) to collect and reconcile trades, generate valuation and PnL reporting under FIFO/WAC tax strategy.
Comments ()