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🧪 About Alpha Media Labs

Gm, Tech enthusiasts.

Hey Alpha fam! In today’s newsletters there is not shortage of drama and wild things happening around the web3 and tech space! Coffeezilla exposes Logan Paul alleged scheme to pump and dump a token, Cointelegraph posts fake news prompting $100+ million in liquidations and Crunchyroll co-founder launches web3 gaming platform (ALPHA).

In today’s newsletter:

• ☕ Coffeezilla Calls Out Logan Paul for $OMI

• 🙈 CoinTelegraph “Trust Me Bro” Tweet Liquidates $100 Million in BTC Shorts

• 🍥 Crunchyroll Co-Founder Launches Web3 Gaming Platform

Read time: 2 minutes 

Web3 News

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• Prominent Youtuber Coffeezilla with 3 million subs call Logan Out pumping the price of $OMI

• Brings up footage of Logan & associates planning to mention the $OMI on their podcast

Data Feed:

Coffeezilla has accused Logan Paul of being involved in a "pump and dump" scheme surrounding the $OMI token. Highlighting its dramatic 99% drop, Coffeezilla pointed out suspicious insider purchases of $852k prior to the token being discussed on Paul's Impaulsive podcast. Although Logan and Chase denied planning the conversation on-air, their co-host, Mike Majlak, appeared unconvinced.

AI News

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The Announcement Included:

• Cointelegraph shares “Breaking News” post that the SEC approved the Bitcoin Spot ETF

• Shortly after they edited to “Reportedly” after 2.2 million impressions

• They then deleted the post entirely & released a formal apology

Data Feed:

A false rumor (tweet by Cointelegraph) regarding the approval of a Bitcoin ETF in the US circulated on social media, causing a brief surge in Bitcoin's price by $2,000, and triggering a market-wide volatility. The misinformation, later corrected, led to liquidations exceeding $100 million within an hour, affecting many traders. The price, however, retreated, marking a significant event of market reaction to regulatory news​. Cointelegraph has issued an apology and a investigation into the tweet.

Gaming News

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• Crunchyroll Co-Founder Launches Forge, a web3 gaming focused platform

• Forge Mint is Today! 5pm PT for the Public 

• Forge aims to give gamers a single profile that represents your entire gaming life

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Forge aims to revolutionize the gaming industry by providing a platform that empowers both game developers and players. By offering a suite of tools and services, Forge enables developers to create high-quality games more efficiently, while also giving them the opportunity to monetize their creations through various channels. For players, Forge offers a more seamless and enriched gaming experience, allowing them to discover new games, connect with communities, and even earn rewards. The platform is designed to foster a symbiotic relationship between developers and players, ultimately elevating the entire gaming ecosystem.

Join The Largest Web3 Gaming Community on X hosted by Degen Dad Kyle: https://twitter.com/i/communities/1534240558272716803

• Catch the FULL podcast here: https://open.spotify.com/show/2HUllSr3VxCyOOhRfVsEd1?si=b9cadba88f7a4a91

• Download and subscribe to audio version here: DegenDads.com