April greater fools: Apes pile into ‘joke’ hat voucher Unisock clone
Hat voucher tokens are now going for as much as $3,700 in a joke sale that got out of hand What started as a joke to celebrate April Fools Day has become yet another sign of a frothy, overeager market as a bonding contract designed to sell baseball cap vouchers sold 468 hats in just a few hours, raising over $100,000 and bumping the price per hat to $3700.Solana-based decentralized finance, or DeFi, platform Mango Markets announced the sale on Twitter this morning with the caption “ICO ALERT!”, a twist on the Initial Coin Offerings of yore. According to a blog post, Mango’s Initial Cap....
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The Co-Founder of Dogecoin, Billy Markus, said crypto prices are mainly driven by fools selling to even greater fools. “I agree with the greater fool theory driving most of crypto prices, but I’m honestly wondering what percent you think any crypto is purchased from utility vs greater fool theory From my viewpoint it’s about 99.99% […]
Wu Zhengfu, a top-level official in the People's Bank of China, has made a public announcement that April Fools day jokes are now officially banned in the country. A formal statement, now released on the PBoC website, states that "at this stage, all public informational and media institutions must not make statements of fraudulent comedy, directly or indirectly, on the day of April 1, nor act as a platform for individuals to write such statements, nor hyperlink to such statements, nor use April 1 as the day for whimsical announcements". According to Zhengfu, the People's Bank of China does....
It's the first of April, and while I don't particularly care to spend an hour making up a story that will probably fail to make you laugh, I leave the deed to Zappos.com, who's April Fools' Day joke is worth mentioning. Just in case you've been living under a rock, Zappos.com is a huge online shoe and clothing store. The company posted a breaking news story that may appeal to bitcoin fans: The company says it'll be issuing refunds for returns in bitcoin. CEO Tony Hsieh broke the news in front of the company's Customer Loyalty Team to silence and a few coughs. One employee jumped up in....
Dogecoin lovers have a habit of criticising bitcoiners for being too serious, even elitist. Since this criticism comes from a group of people who modelled a cryptocurrency around an internet meme, it is not all that easy to dispute. Bitcoin enthusiasts do tend to be a much more serious crowd, for better or for worse. However, this does not mean that they can't let their hair down once a year. After all, dogecoin lovers do it every single day. There was no shortage of elaborate and downright silly April Fools' Day stories today, so we decided to compile a small roundup - we're here to....
There's a lot that's unclear in China right now. Yesterday, we learned that several exchanges in the country have stopped some services. Popular Chinese Bitcoin Exchange Huobi announced on its website that despite vicious rumors circulating that the People's Bank of China will be forcing banks and third-party payment processors to sever ties with bitcoin exchanges, they haven't heard any such news from the processors they work with. One of the processors (which has remained unnamed), however, did contact Huobi to discuss what CoinDesk says is "the potential risk of continuing [a]....