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Rapid Fire News: China’s techlash continues, Tesla’s incredible Q2 earnings, Tether holders move to USDC & more | E1254

This Week in Startups

The Drep Coin Pump

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The group's focus was the token drep. D r e p is a small crypto project that helps facilitate transactions across block chains. The pump lasted five minutes, and they increased the coins value to 97 cents. So they did successfully pump it. And they were mildly successful.

Jason covers China reigning in big tech (2:03), Tesla’s incredible Q2 earnings crossing $1B in profit (25:30), a $300M market movement from Tether to USDC (33:24), and gives a breakdown of a Binance Crypto Pump Telegram group (37:43).

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