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Hunter Biden will launch the LAPTOP memecoin on September 9 on Base. 20% of the supply will go to airdrops, including wallets that lost money on TRUMP.
The team will receive 30%, while up to 30% may be burned if preset events occur, such as Bitcoin reaching a new ATH or a Democrat winning the US presidential election in 2028.
The name references the Hunter Biden laptop scandal, a major political issue before the 2020 elections.
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Cynthia Lummis warned that if Congress does not pass the CLARITY Act in the current session, the next real chance to revisit it may come only in four years, potentially delaying it until 2030.
A key Senate vote is scheduled for 15 September. The bill needs at least 60 votes to advance. Polymarket currently puts the odds of passage by the end of 2026 at just 17%.
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On August 27, Ethereum developers moved EIP-8141 (Frame Transactions) to βplanned for inclusionβ in the HegotΓ‘ upgrade, due in 2027.
The app or another account could pay gas. A service could accept stablecoins and settle with the network in ETH. Multiple actions could also be bundled, with failed swaps automatically revoking token approvals.
Accounts could set custom authorization rules and change control keys without moving assets to a new address.
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An unknown trader turned $1,300 into about $2.17 million on ZCAT, buying 24.52 million ZCAT. The remaining position is worth roughly $2.12 million, a 1,626x return.
The same trader made another $1.61 million on STONK from $19,700. Combined profit: about $3.78 million.
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CZ saw what Robinhood was doing with memes for shitcoins, dubbed MemeFi, a mix of TradFi and memefi, and decided to do the same.
BNB has its own DAT company with 515K BNB, trading at 0.47x its reserves. It went onchain through BNC4, with the 4Stock meme launched for the token.
4Stock now has a $47M valuation, and many quickly made 6-7 figures. Frankdegods is up $250K, while 0xLingard is up $400K.
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Geoffrey Hinton and OpenAI chief scientist Jakub Pachocki urged slowing AI development. Hinton said pursuing superintelligence without scientific consensus on safety or control could lead to the loss of control over AI smarter than humans, and possibly extinction.
The call followed the Artificial Superintelligence Security Bill, introduced in the UK Parliament on 8 September by ControlAI and Alex Sobel. Pachocki said models already research autonomously and recursive self-improvement is near, urging a voluntary slowdown until common safety standards emerge.
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The US Treasury will buy back up to $6 billion of bonds maturing in 2037β2046.
The limit was tripled. It rose from $2 billion per operation to at least $4 billion from September 9, while the September 10 operation is capped at $6 billion, among the largest recent buybacks in this segment.
The move is moderately positive for markets. Extra Treasury demand could support bond prices and lower yields, easing financial conditions and making risk-free assets less competitive with equities, BTC and other risk assets.
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Today, one trader invested $200,000 in LAPTOP and almost entirely lost the position shortly after launch.
The trader withdrew $250,000 from Binance and bought 919 LAPTOP at an average price of about $218. After the crash, the position was worth about $3,000, leaving an unrealized loss of $197,000, or roughly 99%.
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