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news-imageFebruary 8, 2025

Kanye West Rejects $2 Million Offer to Promote Fake ‘Ye' Token

American rapper Kanye West has revealed that scammers offered him $2 million to promote a fraudulent meme coin bearing his name.
Publisher: BeInCrypto
Sentiment: Negative
General

More News Articles

Negative
cover-imageBeInCrypto
February 8, 2025

Biggest Altcoin Losers in the First Week of February 2025

The volatile market led to significant drawdowns for many altcoins this week, as Bitcoin and Ethereum also faced corrections. While a few assets managed to stay in the green, most cryptocurrencies hit multi-week or multi-month lows.

general-iconGeneral
Negative
cover-imageCrypto news
February 8, 2025

Crypto market turns red as Trump, US tariff threats linger

Cryptocurrencies were indeed under pressure Saturday, days after U.S. tariff threats triggered market turbulence. The market chaos follows President Donald Trump's executive order on Jan. 31, imposing tariffs on imports from Mexico, Canada, and China.

general-iconGeneral
Positive
cover-imageThe Currency Analytics
February 8, 2025

Nearly One-Third of Institutional Traders to Engage in Crypto in 2025, According to JPMorgan Survey

A new survey from JPMorgan has unveiled a significant shift in the institutional trading landscape, with nearly one in three institutional traders indicating plans to engage with cryptocurrency in 2025. This marks a substantial increase from last year, highlighting growing institutional interest in digital assets as part of broader financial strategies.

general-iconGeneral
Positive
cover-imageBitcoinist
February 8, 2025

90% of Brazil's Crypto Flow Is Stablecoins—What's Driving This Trend?

Brazil's central bank chief Gabriel Galipolo recently highlighted a significant rise in cryptocurrency adoption across the country. Speaking at a Bank for International Settlements event in Mexico City, Galipolo noted that over the past two to three years, the volume of crypto transactions has surged dramatically.

general-iconGeneral
Positive
cover-imageCoinPedia
February 8, 2025

Nigeria's SEC Adopts Blockchain Is This the Future of Crypto Regulation?

Nigeria's crypto scene took a big hit last year. The government banned unlicensed crypto platforms, causing panic among investors. Things got even messier when two Binance executives were detained, with one of them, Tigran Gambaryan, jailed until the U.S. government intervened to secure his release in October.

general-iconGeneral
Neutral
cover-imageUToday
February 8, 2025

'Concerning Crypto': Kanye West in Talks With Brian Armstrong

Rapper Ye, formerly known as Kanye West, has urged Coinbase CEO Brian Armstrong to avoid intermediaries, following his revelation that he rejected a $2 million offer to promote a fraudulent cryptocurrency scheme.

general-iconGeneral
Positive
cover-imageCryptonews
February 8, 2025

Kanye West Says He Rejected $2 Million Offer to Promote Alleged Crypto Scam

Rapper and entrepreneur Kanye West, now known as Ye, has revealed that he turned down a $2 million offer to participate in an alleged crypto scam targeting his fan base. The post Kanye West Says He Rejected $2 Million Offer to Promote Alleged Crypto Scam appeared first on Cryptonews.

general-iconGeneral
Positive
cover-imageInvezz
February 8, 2025

Remittix may be a buy despite recent crypto crash: here's why

Cryptocurrencies including Bitcoin tanked sharply last week after US President Donald Trump announced raised tariffs on China, Canada, and Mexico. While tariffs do not necessarily have anything to do with digital assets, the decline was primarily the global economic uncertainty that may be triggered once and if the new tariffs take effect in March.

general-iconGeneral
Neutral
cover-imageNewsBTC
February 8, 2025

Is The Crypto Market Top Near? Here's Why There's ‘Some Runway Left'

After the recent crypto market corrections, some investor's and market watchers' bullish sentiment appears to have decreased, with many claiming the top is in. However, other analysts point out that several indicators don't signal a cycle peak yet, suggesting that the bull still has some gas in its tank.

general-iconGeneral
Neutral
cover-imageCoinPedia
February 8, 2025

Is Kanye West Entering Crypto? Rapper Rejects $2M Crypto Scam Deal

Billionour rapper Kanye West now known as Ye, has set social media on fire with a series of tweets about cryptocurrency. Over the past 12 hours, he has posted more than 20 tweets, sharing his thoughts on everything from crypto scams to buying crypto directly without a middleman.

general-iconGeneral
Negative
cover-imageCoinPedia
February 8, 2025

Deribit Exits Russian Market Amid EU Sanctions: What It Means for Crypto Traders

Crypto derivatives exchange Deribit has officially pulled out of the Russian market due to new sanctions imposed by the European Union. The company, based in the Netherlands, announced that it can no longer provide services to Russian citizens and residents unless they meet specific conditions.

general-iconGeneral
Negative
cover-imageCrypto Economy
February 8, 2025

Are Stablecoins Really Safe?

TL;DR The SEC discovered that TrueUSD, a well-known stablecoin in the market, had almost all of its reserves in a high-risk fund. Tether has also been questioned for its lack of transparency regarding its reserves, which led to sanctions against the company.

general-iconGeneral
Positive
cover-imageCrypto Economy
February 8, 2025

DeFAI: What Can AI Contribute to DeFi?

TL;DR Artificial intelligence and DeFi can converge (DeFAI) to enhance automation, security, and accessibility in the blockchain ecosystem. AI optimizes investment strategies with models that analyze markets and adjust assets in real time. Its implementation presents challenges in privacy and decentralization, requiring a balance between automation and user control.

general-iconGeneral
Negative
cover-imageCryptopolitan
February 8, 2025

Coinbase is back in court in revived securities sale class action suit

U.S. District Judge Paul Engelmayer in the Southern District of New York ruled that cryptocurrency exchange Coinbase must face a class action suit that he had dismissed earlier. The case was partially reopened on appeal and accuses the cryptocurrency exchange of selling securities.

general-iconGeneral
Positive
cover-imageBitcoinist
February 8, 2025

Gemini Eyes Public Debut—Backed By Billionaire Winklevoss Twins: Report

Gemini, the popular cryptocurrency exchange run by the Winklevoss twins, is exploring a possible initial public offering. According to multiple sources, including Bloomberg, the leading crypto custodian and exchange has been meeting advisers on the potential public listing.

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