Odaily Planet Daily News: Uphold CEO Simon McLoughlin said in a recent interview with The Block that he is optimistic about the long-term prospects of cryptocurrency, but is frustrated by the "fraudulent nature" of some parts. He pointed out that 7,000 new memecoins are created every day, which is frustrating. Despite this, Uphold offers a product called "Meme Basket" that allows customers to invest in a selection of popular memecoins through its app, including tokens such as DOGE, FLOKI, PEPE and BONK. (The Block)