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Deep & Emerging Tech·September 9, 2026·1 min read

Hunter Biden’s memecoin flops, falling 95% just hours after launch

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A 95% drawdown within hours is a reminder that celebrity and politics no longer guarantee memecoin liquidity. If you’re building in crypto, assume retail has a long memory from prior cycles—durable demand will come from utility and yield, not names on the token.

Deep & Emerging Tech

Consensys plans to split into two companies: MetaMask, with Joe Lubin as CEO, and a new Consensys focused on Ethereum and institutional infrastructure

Splitting MetaMask from the institutional Ethereum infra business is a clean bet that consumer wallets and B2B rails have different risk, regulatory, and monetization profiles. If you’re building on this stack, expect more focused roadmaps and potentially separate partnership motions for retail vs institutional use cases.