Hunter Biden Is Launching a Memecoin | CoinDesk Daily

Jennifer Sanasie (0:00)

Hunter Biden is launching a meme coin called LAPTOP, and the hackers behind a $320 million Bitcoin heist give most of it back. This is CoinDesk Daily.

Want trusted crypto research? Check out The Stack, Grayscale's blog. Visit grayscale.com/thestack.

RealFi, a smarter stable coin backed by real world assets. Join the testnet now at realfi.co. Hunter Biden is launching a meme coin called LAPTOP on Base tomorrow, according to the Wall Street Journal. The name is a nod to the infamous LAPTOP. He left at a Delaware repair shop in 2019, whose leaked contents shadowed the 2020 election. Of the 1 billion supply, founders, including Biden, get 30%. Another 20% will be airdropped, partly to wallets sitting underwater on the Trump meme coin. The White Hat hackers behind Sunday's liquid network breach have returned most of the Bitcoin they stole. The group has sent back 3,400 of the 4,000 Bitcoin drained, with about 598 Bitcoin, roughly $47 million, still outstanding. The group negotiated in public by writing messages into Bitcoin transactions, returning the funds after Blockstream patched the vulnerability. And Bitcoin is changing hands just under $78,500, down more than 1% on the day, amid pressure from a yen rally and rising bond yields. The 10-year note held near 4.8% after August payrolls landed at $162,000 against forecasts near $53,000. Traders now pricing a roughly 60% chance the Fed hikes a quarter point next week. Get more updates on coindesk.com. Want trusted crypto research? Check out The Stack, Grayscale's blog. Visit grayscale.com/thestack.

RealFi, a smarter stable coin backed by real world assets. Join the testnet now at realfi.co.