Bitcoin

Native memecoin project Normie fires intern for offensive video

Normie, the Memecoin project based on Coinbase’s native blockchain Base, claims it fired an intern after he posted an offensive video on his official X account.

The Nomi team said, “After careful consideration and internal deliberation, we have decided to delete the last video.” “The intern who posted this has been fired. We sincerely apologize to anyone who was offended by this content. “We are doing everything we can to prevent something like this from happening again.”

The promotional video, released on June 10 to incite disgust in the cryptocurrency community, appears to show a blue-skinned cartoon chef dancing to a cooking tune with exaggerated lips.

Source: Normi

“How is this the intern’s fault? Did he make and post the entire video himself? “Didn’t your team approve it?” one user commented. “They fired the person who was supposed to be helping the interns and allowed that to happen.”

Normie explained that the intended message of the video was that “even when everything is thrown at you, there is always a way out and positive change starts with yourself.”

“It was never our intention to trivialize a sensitive topic,” they said.

Last month, Normie suffered a smart contract exploit in which hackers compromised 225 Ether (ETH) ($881,686) of user funds, sending the token’s market cap plummeting $41.7 million in less than three hours.

Normie later reportedly accepted the hacker’s offer to reclaim 90% of the stolen NORMIE tokens on the condition that Normie start a new project using the stolen funds and the $2.3 million in his development wallet. But prices have already fallen 96% since the attack. A new token to redeem NORMIE holders.

On June 7, Normie claimed that 192 ETH stolen during the incident had been recovered and the token launch at a new address had been completed.

Since April 1, 372,642 new tokens have been launched on the Ethereum network, with 88% of them launched on Coinbase’s layer 2 blockchain base.

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