The group's coin was created the day before the first incident, and as of Thursday, its worth had nearly tripled in one week.

A pair of reports published Thursday linked the recent rise of sex toys being thrown onto WNBA courts to a cryptocurrency group pushing a memecoin.

"We didn't do this because like we dislike women's sports or, like, some of the narratives that are trending right now are ridiculous," the crypto group's spokesman said. "Creating disruption at games is like,

The move is the latest from the president intended to promote a U.S. embrace of cryptocurrency, but some experts are urging caution.

Federal agencies would need to rewrite rules and regulations to allow the expanded choices, and that would take months or more to complete.

Ripple will buy stablecoin payments platform Rail for $200 million, the company said on Thursday, weeks after U.S. President Donald Trump signed a law that raised expectations cryptocurrency tokens are about to enter the mainstream.