Kanye West Seeks Meeting with Coinbase CEO... Is 'YeCoin' Coming?

Source
Doohyun Hwang

Summary

  • Kanye West reportedly attempted to contact the Coinbase CEO, showing interest in cryptocurrency.
  • The decentralized prediction market platform Polymarket assessed the probability of West launching a meme coin at 46%.
  • The cryptocurrency industry is focusing on the possibility of West issuing his own meme coin.
Image=Consolidated News Photos / Shutterstock.com
Image=Consolidated News Photos / Shutterstock.com

American hip-hop star Kanye West (Ye) has shown interest in cryptocurrency and is reportedly attempting to contact Brian Armstrong, the CEO of Coinbase.

On the 7th (local time), West revealed a message on his X account requesting information from industry insiders in cryptocurrency without intermediaries. In response, someone offered to provide the contact information for Brian Armstrong, the CEO of Coinbase.

This move has led the cryptocurrency industry to focus on the possibility of West issuing his own meme coin. The decentralized prediction market platform Polymarket has raised the probability of West launching a meme coin to 46%. On this day, a $52,000 bet was placed on Polymarket regarding the possibility of West launching a meme coin.

Meanwhile, West previously shared on his X account an instance where he rejected a cryptocurrency scam proposal. He stated, "Someone proposed that I issue a fake meme coin and deceive the community to make $2 million," adding, "I rejected the proposal and cut off contact with that person."

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Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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