Artificial intelligence (AI) company Rabbit has refuted some allegations made by YouTube investigator Stephen Findeisen, also known as “Coffeezilla.” Rabbit maintains that it has been open about its rebranding and transition into AI.
On May 22, Findeisen accused Rabbit of being involved in a nonfungible token (NFT) scam and attempting to cover it up.
He highlighted the company’s rebranding from Cyber Manufacture to Rabbit, which he suggested was done discreetly.
Findeisen also alleged that Jesse Lyu, Rabbit AI’s founder and CEO, failed to deliver on promises made to supporters of the Gama NFT project.
He criticized Rabbit’s new Rabbit R1 AI product as being “overhyped,” akin to the NFT project he labeled a “scam.”
In response, a Rabbit spokesperson told Cointelegraph that Rabbit and the Gama project were distinct ventures under the same umbrella.
They cited a 2023 tech media article confirming the rebranding from Cyber Manufacturing to Rabbit.
The spokesperson emphasized that most current employees joined after the rebranding, stating that over 80% of Rabbit’s staff were hired post-December 2023, a few months after the rebrand.
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The spokesperson also addressed the Gama project’s conclusion, asserting:
“Jesse strongly disputes Coffeezilla’s allegations that he and the Gama team were not forthright about the open-sourcing of the project, which had the support of investors, and his shift in focus to AI hardware.”
They further noted that Lyu has a history as an entrepreneur and was involved in various projects, including Gama.
The spokesperson explained that the Gama project ended before Rabbit was founded and added, “At the end of the day, many companies do pivot.”
Regarding Findeisen’s comments on the Rabbit R1, the spokesperson said they are actively gathering feedback from users.
They noted that 10,000 users have generated over 600,000 interactions with the product in the past thirty days.
The company also mentioned that they have released updates based on user feedback and are launching new features continuously.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and Buterin Sucks (BUTSUCKS) presents a similar opportunity for a limited time.
Buterin Sucks (BUTSUCKS), a newly launched Solana memecoin, is poised to explode over 14,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.
BUTSUCKS will be listed on KuCoin, one of the largest centralized exchanges in the world, within a few days – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Buterin Sucks.
Currently, Buterin Sucks can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy BUTSUCKS on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Buterin Sucks by entering its contract address – jr8okimfHEWaJpDmiZenkGWHzEr5bb53bDZf4kQvF7w – in the receiving field.
BUTSUCKS currently has a market cap of just under $12,000, with over $4,000 in locked liquidity, meaning it has huge upside potential.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
RIP DOGEY (RIPDOGEY) could turn early investors into multi-millionaires if it becomes a mainstream coin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
RIP DOGEY (RIPDOGEY), a new Solana memecoin that was launched today, is poised to explode over 18,000% in price in the coming days.
This is because RIPDOGEY has announced its first centralized exchange listing, which will be on KuCoin.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, RIP DOGEY can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and RIP DOGEY could become the next viral memecoin.
RIP DOGEY launched with over $6,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy RIP DOGEY on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for RIP DOGEY by entering its contract address – GVZoEtPFj1fMuW2zA4Zww27Mcx1yJSobrW3hzp5hfqCe – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like RIPDOGEY.
Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and Buterin Sucks (BUTSUCKS) presents a similar opportunity for a limited time.
Buterin Sucks (BUTSUCKS), a newly launched Solana memecoin, is poised to explode over 14,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.
BUTSUCKS will be listed on KuCoin, one of the largest centralized exchanges in the world, within a few days – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Buterin Sucks.
Currently, Buterin Sucks can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy BUTSUCKS on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Buterin Sucks by entering its contract address – jr8okimfHEWaJpDmiZenkGWHzEr5bb53bDZf4kQvF7w – in the receiving field.
BUTSUCKS currently has a market cap of just under $12,000, with over $4,000 in locked liquidity, meaning it has huge upside potential.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
On May 23, the United States Securities and Exchange Commission (SEC) approved spot Ether exchange-traded funds (ETFs), marking a notable difference from the approval of spot Bitcoin ETFs in January.
Unlike the Bitcoin ETFs, which were approved via voting by a five-member committee including SEC chief Gary Gensler, the spot Ether ETFs were approved by the SEC’s Trading and Markets Division.
The SEC greenlit the 19b-4 filings from several firms including BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton.
The Commission did not provide additional comments beyond the official decision.
The official filing stated: “For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.”
While the crypto community questioned the differing approval processes, Bloomberg ETF analyst James Seyffart explained it as a routine procedure.
He noted that many approvals are typically handled in this manner and requiring an official vote for every decision would be impractical. Seyffart added, “It would have been nice to see where the political lines were drawn.”
READ MORE: Bitcoin Battles to Hold $69,000 as Analysts Eye Potential Retracement
However, some individuals remain skeptical of Seyffart’s assessment.
One user on X pointed out that a commissioner could still challenge the decision within the next 10 days, suggesting that delegated authority might be used to obscure potentially politically charged votes.
Another user on X speculated that the SEC’s decision was influenced by various factors, including political pressure, upcoming elections, and the implementation of environmental, social, and governance (ESG) rules.
A significant difference between the approval processes for the two crypto ETFs is the timeline for trading.
All 11 Bitcoin ETFs began trading the day after their approval, as they also received S-1 form clearance.
In contrast, spot Ether ETFs might take weeks or months to debut on exchanges since the ETF filers have not yet received the S-1 SEC registration.
Overall, the approval of spot Ether ETFs marks another step forward in the crypto market, albeit with procedural differences and potential political undercurrents.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Junkyard Cat (JUNKCAT) could turn early investors into multi-millionaires if it becomes a mainstream coin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Junkyard Cat (JUNKCAT), a new Solana memecoin that was launched this week, is poised to explode over 14,000% in price in the coming days.
This is because JUNKCAT has announced its first centralized exchange listing, which will be on KuCoin.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Junkyard Cat can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Junkyard Cat could become the next viral memecoin.
Junkyard Cat launched with over $6,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Junkyard Cat on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Junkyard Cat by entering its contract address – 6AdCuXXoxVMzPnczLjgqC9nQSBtcXnffVvRs8JsQvHhM – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like JUNKCAT.
Wizard Pepe (WIZPEPE) could turn early investors into multi-millionaires if it becomes a mainstream coin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Wizard Pepe (WIZPEPE), a new Solana memecoin that was launched this week, is poised to explode over 18,000% in price in the coming days.
This is because WIZPEPE has announced its first centralized exchange listing, which will be on KuCoin.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Wizard Pepe can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Wizard Pepe could become the next viral memecoin.
Wizard Pepe launched with over $6,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Wizard Pepe on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Wizard Pepe by entering its contract address – AJM9tnhfGz9xezv1rTjspoTug3YVpcmrp3gJ9FMDEEYj – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like WIZPEPE.
Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and Kim Jong Crypto (KIMCRYPT) presents a similar opportunity for a limited time.
Kim Jong Crypto (KIMCRYPT), a newly launched Solana memecoin, is poised to explode over 14,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.
KIMCRYPT will be listed on Bitrue, one of the largest centralized exchanges in the world, within a few days – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Kim Jong Crypto.
Currently, Kim Jong Crypto can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy KIMCRYPT on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Kim Jong Crypto by entering its contract address – DY225ypZiG3aYkZnzaXJYDGtUz76uNuQiJLMzs6qGAZ5 – in the receiving field.
KIMCRYPT currently has a market cap of just under $13,000, with over $4,000 in locked liquidity, meaning it has huge upside potential.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The approval of spot Ether exchange-traded funds (ETFs) is seen as “implicit recognition” from the United States Securities and Exchange Commission (SEC) that Ether is not a security, according to industry experts.
This decision might have broader implications for other tokens as well.
“These are commodities-based trust shares, so the SEC, by approving these, is explicitly saying they’re not going to go after Ether as a security,” stated Bloomberg ETF analyst James Seyffart during a discussion with Ryan Sean Adams on the Bankless podcast.
Digital asset lawyer Justin Browder believes that if Ether ETFs receive S-1 approval — the final requirement for them to begin trading — then the “debate is over: ETH is not a security.”
Adam Cochran, a partner at venture capital firm Cinneamhain Ventures, suggested this approach could extend to other tokens: “ETH is a commodity, even with its current attributes.
That means we can extrapolate to A LOT of other projects what elements matter in security. Today a lot of things probably clearly became commodities, even if they don’t know it yet.”
However, Seyffart and others believe the SEC might still target those involved with staking Ether.
READ MORE: Democrats Urged, But Not Forced, to Oppose Pro-Crypto Bills FIT21 and CBDC Act
“[I think they will] try to thread this needle and say ETH itself, they’re not going to call a security but staked ETH might be a security […] and I don’t believe they’re going to give that up any time soon.” Digital asset lawyer Joe Carlasare echoed this sentiment.
“The SEC could pursue individual actors and staking as a service even with the ETF launched. I think other actions are less likely,” Carlasare told Cointelegraph.
In April, Ethereum infrastructure firm Consensys received a Wells notice from the SEC, which focused on MetaMask’s trading and staking services.
Finance lawyer Scott Johnsson noted that the SEC didn’t confirm Ether’s non-security status in its approval order, saying it “completely sidestepped” the issue.
The SEC officially approved 19b-4 applications from VanEck, BlackRock, Fidelity, Grayscale, Franklin Templeton, ARK 21Shares, Invesco Galaxy, and Bitwise to issue spot Ether ETFs on May 23.
Many ETF issuers notably removed staking in their final amendments.
Hashdex was the only ETF issuer that didn’t receive regulatory approval on the day.
However, the eight approved ETF issuers will need to wait until the SEC signs off on their S-1 registration statements before launching.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and Kim Jong Crypto (KIMCRYPT) presents a similar opportunity for a limited time.
Kim Jong Crypto (KIMCRYPT), a newly launched Solana memecoin, is poised to explode over 14,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.
KIMCRYPT will be listed on Bitrue, one of the largest centralized exchanges in the world, within a few days – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Kim Jong Crypto.
Currently, Kim Jong Crypto can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy KIMCRYPT on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Kim Jong Crypto by entering its contract address – DY225ypZiG3aYkZnzaXJYDGtUz76uNuQiJLMzs6qGAZ5 – in the receiving field.
KIMCRYPT currently has a market cap of just under $13,000, with over $4,000 in locked liquidity, meaning it has huge upside potential.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.