Crypto World
Hunter Biden’s $LAPTOP is already down 99%
Hunter Biden’s $LAPTOP memecoin is down 99% from its all-time high.
Thanks to the supply of 1 billion tokens, its market cap hit $110 billion just minutes after launch. However, at time of writing, it has a fully diluted value of just $1.9 billion.
One minute periodicity volume is averaging between $20,000 and $30,000, and its price is now just under $2, down from its all-time high of $316.

Read more: Pump Fun and Kraken delete Hunter Biden $LAPTOP promotion
Biden’s laptop token sniped at launch
Biden’s token was announced earlier this week to little fanfare from the crypto community while Pump Fun and Kraken both promoted it before backpedaling on their support.
Several onlookers claim to have spotted snipers — bots that carry out super fast trades — exploiting the launch.
Crypto analyst Dethective claims one such sniper was able to make around $190,000.
Another analyst, Donaxbt, says the highest-earning sniper they saw made $335,000. Others have been reported as making well over $60,000.
Meanwhile, Lookonchain claims that market maker Wintermute has already sold $2 million worth of $LAPTOP it received from the token’s team.
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Crypto World
It’s Head Lice Season. Here’s What to Know
Misdiagnosis of head lice is common. “Many presumed lice and nits submitted by physicians, nurses, teachers, and caregivers to a laboratory for identification were found to be artifacts such as dandruff, hairspray droplets, scabs, dirt, or other insects,” such as those blown by the wind and caught in the hair, AAP says.
The CDC recommends that people visit a doctor if they suspect they may have lice.
Who is at risk of head lice?
How do you treat head lice?
There are several over-the-counter and prescription medications approved by the U.S. Food and Drug Administration (FDA) to treat head lice, including lotions and shampoos that contain the insecticides permethrin or pyrethrin. Treatment of head lice often involves using one of these medications, combined with “careful combing using a fine-toothed lice comb,” Armstrong says.
Crypto World
Geely Sweden CEO joins Concordium Board to advance AI Agent trust
- Geely Sweden CEO Per Ansgar joins Concordium Foundation board.
- Concordium expands focus on verified AI agents and digital payments.
- Geely and Concordium deepen partnership on autonomous transactions.
Concordium Foundation has appointed Per Ansgar, chief executive officer of Geely Sweden Holdings AB, to its board, strengthening the blockchain platform’s relationship with the Geely group as it develops infrastructure for verified digital interactions and autonomous AI agents.
The appointment adds more than 26 years of automotive and financial experience to Concordium’s board.
Ansgar has held senior roles at Volvo Cars, Polestar and companies within the wider Geely group.
His appointment also extends a partnership between Concordium and Geely that began in 2021.
Concordium and Geely deepen five-year partnership
The relationship between Concordium and Geely began with a shared focus on autonomous driving and was formalised in 2022 through a joint venture based in Wuxi, China.
The partnership has also explored applications in which vehicles can interact directly with infrastructure and service providers through machine-initiated payments.
These applications include connected vehicles potentially settling charging, toll, and service payments without direct intervention from a driver.
Concordium is now expanding its focus toward infrastructure for verified digital interactions, including transactions involving AI agents.
As software becomes capable of initiating transactions independently, the company is developing systems intended to establish who owns and authorises an AI agent and who is accountable for its actions.
Ansgar said vehicles and the software embedded in them are increasingly becoming parties to transactions.
He added that trust now requires proof of who authorised a payment and who is responsible for it, describing this as the problem Concordium is addressing.
Ansgar brings automotive and financial experience
Ansgar has been CEO of Geely Sweden Holdings since November 2024, having previously served as the company’s chief financial officer.
Before joining Geely Sweden Holdings, he spent 26 years at Volvo Cars, where he held positions including deputy CFO and CFO of Volvo Cars China.
He later became chief financial officer of Polestar. Ansgar also holds board positions across the Geely group and serves on the nomination committee of Volvo Car AB.
His appointment brings senior Geely leadership into Concordium’s governance as the company works on infrastructure that connects verified humans and AI agents to transactions.
The Concordium Foundation Board is chaired by founder Lars Seier Christensen.
Other members include Ueli Maurer, professor of cryptography at ETH Zurich; Swiss commercial lawyer Simone Monnerat; and digital executive Nibras Stiebar-Bang.
Concordium expands AI agent infrastructure
Concordium’s focus is increasingly centered on establishing verifiable identities for AI agents that can act autonomously.
The company says its infrastructure is designed to allow counterparties to verify that an agent has been authorised by a verified human or organisation.
Its Agent Registry went live in May 2026 and has since registered more than 1,600 AI agents, according to the company. Each registered agent is linked to a verified owner and receives a Verified by Concordium Badge.
The badge can be used across networks including Ethereum and Solana, allowing AI agents to provide information about their owners without exposing the underlying company documents.
Concordium describes itself as an AI infrastructure platform for the agentic economy, built on a regulatory-grade blockchain with identity and trust incorporated into its protocol.
Ansgar’s appointment therefore comes as Concordium seeks to extend its earlier automotive-focused relationship with Geely into a broader model in which vehicles, software and AI agents can conduct transactions while remaining connected to identifiable and accountable owners.
Crypto World
Chewy Stock Slides After Earnings. Here Are The Numbers To Know.
Chewy (CHWY) on Wednesday reported fiscal second-quarter earnings in line with expectations, with the pet-focused e-commerce marketplace’s revenue narrowly beating estimates. Chewy stock fell after initially ticking higher. Plantation, Fla.-based Chewy reported adjusted earnings of 36 cents per share from revenue of $3.33 billion for the quarter, which ended Aug. 2. Analysts polled by FactSet were expecting adjusted earnings of…
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Crypto World
Shocking: Hunter Biden’s LAPTOP Meme Coin Crashes 99% Within Hours of Launch
Hunter Biden’s LAPTOP meme coin ($LAPTOP) began trading on the Base network and almost immediately fell 99.2% from an intraday high of $199.51 within hours of launch.
The laptop entered public view in October 2020, when the New York Post reported on emails from a device tied to Biden. The material was initially dismissed by some officials as “possible disinformation” and later authenticated by several news organizations.
Totally Unexpected
“They turned laptop into a weapon. I turned it into a token,” Biden posted on X.
Crypto investigator Stephen Findeisen, better known as Coffeezilla, had urged his audience to stay away from the token before trading began, telling them, “Do not buy it.”
As a surprise to no one, the token had also drawn imitators before it went live, with more than a dozen counterfeit LAPTOP coins surfacing across Solana, BNB Chain, and TON within about an hour of a Wall Street Journal report on the project, trading around $6.9 million combined, none carrying an official contract address because none had been published.
Counterfeits are a known hazard on Base, which drew more than 500 scam tokens in its first weeks after launching in 2023, according to Solidus Labs.
Anyway, on its first day, CoinGecko put LAPTOP’s market cap near $560 million and its fully diluted valuation near $1.6 billion, on about $5.2 million in 24-hour volume.
Airdrop Aimed at TRUMP Losers
Biden had announced the coin days earlier and set aside a fifth of the supply to airdrop wallets that lost money on Donald Trump’s TRUMP coin.
LAPTOP opened with about 35% of its supply unlocked, the remainder set to release through cliffs and vesting over 36 months, and it traded in decentralized-exchange pools with no fixed offering price. CoinGecko logged the $199.51 peak before the slide to near $1.61.
Lookonchain flagged one wallet that pulled $250,000 off Binance ahead of the launch and spent $200,000 on LAPTOP near the top, a stake worth about $3,000 by the time the analytics firm posted, citing DeBank data. CryptoPotato earlier reported a TRUMP trader who lost $207,000 within an hour of buying in March.
Of the 1 billion-token supply, 20% was earmarked for TRUMP holders who lost money, subscribers to his Substack, and a mailing list run by video journalist Andrew Callaghan, while 30% went to the founding team under a six-month lock and roughly two-year vesting.
Public Citizen has estimated that Trump-linked crypto ventures left investors at least $4.7 billion underwater, with the TRUMP meme coin alone accounting for $3.2 billion of that total.
The post Shocking: Hunter Biden’s LAPTOP Meme Coin Crashes 99% Within Hours of Launch appeared first on CryptoPotato.
Crypto World
Crypto Long & Short: Inside the 300-to-1 onchain gap between the dollar and euro

Ryan Connor of RockawayX writes that the dollar leads the euro about 3 to 1 across the offchain economy and more than 300 to 1 onchain. Euro-pegged stablecoins total €711 million, under 1% of supply. He traces the gap to path dependency and missing euro DeFi infrastructure, and argues MiCA-regulated issuance and euro vault rails are changing it.
Crypto World
BitMart Misses Roadmap Deadline and Appoints Financial Adviser
BitMart appointed Alvarez & Marsal as its financial adviser on Wednesday, its self-imposed Sept. 9 deadline for an update, but did not publish the restructuring and business resumption roadmap it said it was developing.
Alvarez & Marsal will work with BitMart’s legal advisers to evaluate the exchange’s assets, financial position, stakeholder issues and possible paths forward, according to Wednesday’s announcement. The review will also consider proposals from unidentified third parties, BitMart said on X.
BitMart said it will deploy a dedicated web portal within five working days to collect user feedback on its action plan and future direction. It said further updates on the feedback process and action plan would follow on a rolling basis over the next three weeks.
Echo Base, which organized an ad hoc committee of BitMart claimholders, called the appointment “the most encouraging step BitMart has taken since July.”
“What arrived was an advisor appointment and two new deadlines, with no reserve position, no asset inventory, no recovery estimate and no withdrawal timetable,” Roshan Dharia, CEO of Echo Base, told Cointelegraph.
BitMart has faced scrutiny over its financial position and handling of customer assets since its July 26 wind-down announcement, after users reported withdrawal delays.
Neither BitMart nor Alvarez & Marsal responded to Cointelegraph’s requests for comment on this story.
Related: BitMart account demands founder explain funds status, Xia calls claims ‘fabricated’
Crypto World
Ripple Price Prediction: What to Expect for XRP as a Major Macro Week Approaches
XRP is trading around $1.42 after a sharp recovery from the August lows near $1.00. The rebound has shifted the short-term structure back to the upside, but much like other major crypto pairs, Ripple’s price is also trapped below a major resistance area, making the next breakout or rejection particularly important.
XRP Price Analysis: The USDT Pair
The daily chart shows a significant bullish impulse from the $1.00 area, followed by a consolidation above the former resistance around $1.30. XRP has reclaimed the $1.30 zone, which now represents an important support area.
Above the current price, the main obstacle is the $1.5 resistance zone. XRP has repeatedly struggled around this region, and a decisive daily close above this zone would strengthen the bullish structure and potentially expose the recent swing high near $1.70 and even the critical $1.90-$2.00 zone.
Momentum has also improved. The daily RSI is around 54, indicating that buyers have regained an advantage without the market being in overbought territory. This leaves room for another upside attempt, although the RSI alone does not confirm a breakout.
Still, with the market consolidating above both the 100-day and 200-day moving averages, investors are awaiting a potential bullish crossover between the two for additional confirmation that the bear market bottom is already in.
The 4-Hour Chart
The 4-hour chart provides a clearer picture of the current consolidation. After the explosive move higher, XRP initially spiked toward $1.70 before retracing sharply. Since then, the price has been consolidating around the $1.30-$1.40 region and is now pressing back toward $1.50.
The immediate resistance is the same daily $1.50 zone, which has acted as a supply area multiple times. On the downside, the $1.34 level is the first important support, corresponding closely with the 0.5 Fibonacci retracement. Below it, the $1.25 area combines the 0.618 Fibonacci level with the bullish order block and would be the key area for buyers to defend.
The recent price action suggests that XRP is building pressure beneath resistance rather than immediately reversing lower. The overall market structure leans moderately bullish. However, repeated rejection from $1.50 without a breakout could produce a deeper pullback toward $1.25 or even lower in the coming weeks.
The post Ripple Price Prediction: What to Expect for XRP as a Major Macro Week Approaches appeared first on CryptoPotato.
Crypto World
Hunter Biden's new LAPTOP token lost 98% of its value in under an hour after $1.6 billion debut

LAPTOP swung from $190 to under $4 within minutes of opening on Base. Onchain records show tokens had been distributed to market makers for a week before trading began.
Crypto World
Kalshi election data goes live on DoubleZero ahead of U.S. midterms

The expansion gives institutional and automated traders access to full-depth political prediction-market order books ahead of the U.S. midterms.
Crypto World
PayPal expands stablecoin rails with custom token issuance platform

The PYUSDx stablecoin developer platform, backed by PayPal USD (PYUSD), is built with the help of M0 and MoonPay.
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