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Haliey Welch, famously known as "Hawk Tuah Girl," became an internet sensation in mid-2024 thanks to her viral video offering bold life advice. However, her rise to fame took a dark turn as she orchestrated one of the most notorious scams in cryptocurrency history with her memecoin, HAWK.

✅ Before We Dive In:
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The Launch of HAWK
In December 2024, Welch capitalized on her massive following by launching HAWK on the Solana blockchain. Fans trusted her vision, and the hype surrounding the token spread like wildfire. Within days, HAWK achieved a staggering market cap of nearly $500 million, creating dreams of wealth for early investors.
The Collapse
The fairy tale ended abruptly. By mid-December, HAWK lost 90% of its value, leaving thousands of investors financially ruined. It quickly became evident that HAWK was a classic pump-and-dump scheme designed to enrich its creators at the expense of its investors.
The Aftermath
The fallout was devastating:
Investors accused the $HAWK team of selling unregistered securities.Haliey Welch faced public backlash for using her influence to promote the token.A class-action lawsuit was filed against the development team.
While Welch herself was not named in the lawsuit, her role in heavily promoting $HAWK drew harsh criticism. Many argued that her influence directly fueled the token’s initial success and the ensuing chaos.
To justify her actions, Welch participated in a Twitter Space. However, the session turned disastrous when coffeebreak_YT presented undeniable evidence showing HAWK team members withdrawing funds in plain sight. Welch abruptly ended the stream, citing tiredness, further damaging her credibility.
Another Blow

Welch later tweeted her intention to compensate affected investors, but this announcement only caused another big price drop for HAWK, further sealing its fate.
A Textbook Rug-Pull
The HAWK scam followed the classic rug-pull strategy:
1. Launch a token with massive hype.
2. Watch prices soar as fans buy in.
3. Sell team holdings at the peak.
4. Leave investors holding worthless tokens.
Key Takeaways
Haliey Welch’s $HAWK debacle is a cautionary tale for the crypto world:
Always do your own research (DYOR) before investing.Be wary of celebrity-endorsed coins.Only invest amounts you can afford to lose in these Hyped Coins.
So, what you'll do next? continue to invest random coins or Do Your own Research and plan a investment strategy

As for whether Binance will list the MONKY coin, there isn't a definitive answer yet. Although Binance is supporting the MONKY airdrop for FLOKI and APE holders ¹, the exchange hasn't confirmed the listing of the token.
However, there are some positive developments that might indicate a potential listing. Binance has included MONKY in its Alpha Projects program, which is a promising sign ². Additionally, DWF Labs, a prominent crypto investment firm, has acquired 100 billion MONKY tokens, valued at approximately $1.75 million ².
While these developments are encouraging, it's essential to note that Binance's listing review process is rigorous, and MONKY must meet the exchange's standards before being listed ³. #RideTheKaiaWave @Kaia Chain $KAIA

Since Elon Musk's takeover, Twitter has been transformed into **X**, a bold move towards creating an 'everything app.' Here's a rundown of the seismic shifts:

1. **Renaming & Vision:** Twitter is now **X**, aiming to evolve into a comprehensive digital hub. Expect major shifts in content management and platform features.

2. **Verification Chaos:** **Twitter Blue** has made blue ticks available for a fee, increasing accessibility but also leading to a spike in impersonations and credibility issues.

3. **Content Moderation:** Musk's push for free speech has relaxed content moderation. While this fosters open dialogue, concerns over rising misinformation persist.

4. **API Overhaul:** Free API access is a thing of the past, targeting bot activity but affecting developers and third-party apps.

5. **Advertiser Retreat:** Major advertisers are pulling back, worried about the platform’s new direction and content policies.

6. **Free Speech Policy:** Accounts with differing political views are no longer automatically blocked.

And the latest buzzword… **GROK** 🔥

Stay tuned as X continues to evolve and redefine the social media landscape! 🚀💬

When US President Biden announced his withdrawal from the election, many people, including Trump, believed that Harris could only be a substitute for Biden at best, and it seemed that it was only a matter of time before Trump would return to the White House. However, Trump never expected that there would be a few "thick-eyed" people in the Republican Party who turned their elbows outward and fired their guns inward, and dozens of Republicans actually publicly supported Harris. While the Republicans were trying to please Trump, they also added uncertainty to this US election.

According to the Associated Press, as dozens of well-known Republicans turned to publicly support Vice President Harris, former US President Trump suffered the latest blow. If you say these Republicans will also focus on the key points, they will point the guns against Trump directly at MAGA, which is Trump’s proud campaign slogan: Make America Great Again. Harris’s campaign team launched an event called "Republicans for Harris" on August 4, saying that the event has received public support from nearly 30 Republican moderates.

Russian President Vladimir Putin has had enough of the unregulated Bitcoin mining in Russia. He’s worried that this surge in mining activities could cause serious power outages.

Alongside BRICS, Putin is calling for stricter regulations to keep Russia’s power grids safe from these energy-guzzling operations. He said:

“An uncontrolled increase in electricity consumption for mining cryptocurrencies can lead to power shortages in certain regions.” 

According to Russia’s Energy Ministry, crypto mining consumes about 16 billion kilowatt-hours each year. That’s almost 1.5% of the country’s total electricity use. And guess what? This number is only going up.

The power used for mining could cause major shortages, especially in places like Irkutsk, Buryatia, and Zabaikalsky Krai. These regions are already struggling. Putin warned that:

“If there is no free capacity, if it is ‘chosen’ by the so-called mining farms, then new enterprises, residential areas, social facilities will face supply interruptions, a shortage of electricity.”

Russia’s low electricity prices make it a magnet for miners. They bring in their mobile mining gear and set up shop, using a ton of power.

Putin has already ordered regulations for Bitcoin mining. This includes figuring out taxes for these operations and setting tariff rules. The goal is to control the power consumption and prevent the grid from being overloaded. Putin said: 

“We have already made serious progress in this area, and my colleagues will, I hope, report on current results and future plans today.”

He also brought up the Central Bank’s pilot project from last year, which tested the CBDC digital ruble. This project involved 12 banks, 600 people, and 22 businesses across 11 cities.

By July 1, they had made over 27,000 transfers and 7,000 payments. The digital ruble platform worked well, and now Putin wants to roll it out on a bigger scale.

Putin ended his speech saying Russia needs to act fast. Without proper regulations, the country’s power grid could face serious problems. He’s calling for systemic decisions at the federal law level to tackle this issue directly.

Putin stressed, “Here it is necessary to make the right and timely decisions, including systemic ones, at the level of federal law.”

Here’s where they are now:

A new Meta emerged last month as celebrities from Andrew Tate to Soulja Boy launched dozens of tokens.

It was so prevalent that even Vitalik commented on it.

For a trend that once dominated the timeline, how did it end up playing out?

For starters, every single coin is down from their all time high with an average decrease of 94%.

Even the best performing ones are down more than 70%, but the extent of the damage is shocking:

Exactly half are down over 99%, with 7 others being down more than 90%.

Let me remind you this is only about a month into their lifespan.

The market-caps don't fare much better:

22 of the 30 have under a $1 million market-cap at the time of writing.

The remaining 8 are listed below:

Some of these tokens remain 'active' in the sense that they're being tweeted about regularly.

For example, Waka Flocka's token is down 99.7% from all time highs and only has a $400k mcap.

Yet he still tweets about it, and has it in his bio.

Would you call this a rug?

With only 40% tweeting about the token at least once in the last week, most have followed the same trajectory of an initial pump, and then nothing.

Only a handful are still earnestly trying to varying degrees of success.

It is unknown where these tokens will be in a year from now.

The numbers don't look good, but to be fair this is true of all tokens.

Web3 is a fickle beast, and even earnest attempts aren't always met with success, but this doesn't excuse the blatant pump and dumps.

Below is a chart of the 30 celebrity tokens launched on Solana in June.

Every single one is down.

Place you bets accordingly.

And If you enjoyed the article:

Make sure to share it , to help spread awareness of the state of these 30 celebrity launches.

#SolanaMemeCoin #RugPull #memecoin🚀🚀🚀 #Whale.Alert #WhaleAlert

The Nigeria Police Force has intensified its crackdown on cryptocurrency-related offenses, arresting local crypto celebrity Linus Williams, known as BLord. 

The Force Public Relations Officer, Olumuyiwa Adejobi, confirmed the arrest in a statement released on July 17.

In the statement posted on X, the Nigerian Police Force stated that BLord’s arrest stems from allegations of internet fraud, cryptocurrency fraud, terrorism funding, and violations of the Central Bank of Nigeria (CBN) Act.

As investigations proceed, the outcome of this case could set significant precedents for how cryptocurrency-related crimes are handled in Nigeria.

ALLEGED FRAUD, VIOLATION OF CBN ACT, POLICE INTERROGATES CEO BLORD GROUP OF COMPANIES, LINUS WILLIAMS

The FCID (NPF-NCCC) is currently investigating complaints lodged against BLORD GROUP, BLORD REAL ESTATE LTD, BLORD JETPAYE LIMITED, and BILLPOINT TECHNOLOGY. These offences… pic.twitter.com/XTQa5SKucT

— Nigeria Police Force (@PoliceNG) July 16, 2024

Crackdown On Crypto Crime

The complaints were lodged against Williams and his associated companies: Blord Group, Blord Real Estate Ltd, Blord Jetpaye Limited, and Billpoint Technology.

Adejobi emphasized the police’s commitment to thorough investigations, ensuring that Nigeria’s cyberspace remains secure. The arrest is another event in the ongoing efforts by Nigerian authorities to address the misuse of cryptocurrency for illegal activities.

BLord, renowned for his extravagant lifestyle and prominent role in cryptocurrency, has sparked controversy. His companies have faced scrutiny due to their rapid growth and the legality of their operations within Nigeria’s stringent regulatory framework.

Need For A Regulatory Framework

The rise of digital currencies has posed significant challenges for regulators and law enforcement agencies worldwide. 

The issue has become particularly pressing in Nigeria due to the populace’s increasing use of cryptocurrencies and lack of clear regulations.

The Nigerian government has been actively working to regulate the cryptocurrency sector, with the CBN previously issuing directives to financial institutions to halt transactions involving cryptocurrencies. 

Despite these measures, digital currencies have continued to spread, driven by the appeal of anonymity and the potential for high returns.

This arrest is one of many examples of Nigeria’s recent crackdowns on cryptocurrency-related offenses. In February, Nigerian authorities detained two individuals, Tigran Gambaryan and Nadeem Anjarwalla, on allegations of money laundering and tax evasion. This came after the government banned cryptocurrency channels to curb currency speculation.

There has been emphasis on the need to establish a regulatory framework to accelerate the infusion of blockchain technology into diverse sectors of the economy.

The Nigerian Securities and Exchange Commission has recently implemented a new regulation requiring virtual asset service providers to establish a physical presence in Nigeria as a condition for participation in its regulatory framework.