The collectible perp trading project Trove Markets launched its token yesterday, and it shed over 90% of its value in minutes. Source link
Latest in Coinbase
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The Mnemonic Slots website hosts a BTC seed phrase slot machine, offering unlimited free spins. But is it worth playing? Source link
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Bitcoin has performed worse during the first year of the Trump administration than it performed under the Biden administration. Source link
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Coinbase
Jack Mallers drops BTC per share metric as Twenty One stock falls 84%
by Carl Nashby Carl NashMallers advertised Twenty One as a company that would increase BTC per share but it hasn’t disclosed any purchases since July. Source link
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The manager mistakenly claimed that Strategy’s BTC collateralizes shares of its stock, even though it doesn’t. Source link
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The root cause behind the hack remains unclear. Around $6M in ETH and $850K of YieldFi assets sit in the hacker’s ETH address. Source link
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Celsius has filed a lawsuit against Archblock, alleging that it’s failed to redeem millions of dollars worth of stablecoins. Source link
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Head of Product Nikita Bier added, and swiftly removed, a controversial crypto influencer from the platform’s new starter pack feature. Source link
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Crypto sleuth Tanuki42 claims the middle man selling USDT to Iran is also receiving USDT from DPRK wallets laundering Bybit funds. Source link
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Coinbase
Strategy market cap down 40% after pivot from bonds to preferreds
by Carl Nashby Carl NashStrategy preferreds were supposed to fix the problems with bonds, such as principal repayment, but instead they brought a raft of new issues. Source link
