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Crypto

Prominent investor says memecoins are a giant scam, buy only if you can lose everything

U.S. investor and tech entrepreneur Jason Calacanis called memecoins a “giant scam” and said he has no connection to any memecoin project and will not get involved. He warned that he would never privately tell anyone what to buy or sell via social media or direct messages. Calacanis also reiterated that people should only buy memecoins or invest in startups if they can afford to lose 100 percent of their money.

General News

Gwacheon National Science Museum to run Chuseok traditional games and science programmes

Gwacheon National Science Museum will run experience and performance programmes combining traditional games with science for the Chuseok holiday. The museum said it will hold a special science culture event on Sept. 24 and Sept. 26-27 at the museum grounds. Programmes include missions adding scientific rules to traditional games, craft activities for children and daily performances at 2 p.m. It will also offer programmes for foreigners and multicultural families.

Crypto

Cathie Wood says bitcoin is not a dead cat bounce, rebuts skepticism

Ark Invest founder Cathie Wood publicly pushed back against investor Jason Calacanis, who described bitcoin’s recent rebound as a “dead cat bounce.” Wood wrote on X that bitcoin was not a dead cat and still had several lives. Bitcoin dipped below $76,000 early in the week before regaining $80,000. Michael Saylor also disputed Calacanis’ view, calling bitcoin’s “digital capital” role its core use case.