After a senior Bloomberg analyst called for bitcoin to crash to $10k and kept interrupting his counterargument, Lawrence Lepard ragequit. Source link
Latest in Coinbase
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Coinbase
DeFi, meet Claude: Moonwell’s ‘vibe-coded’ oracle in $1.8M blowup
by Carl Nashby Carl NashMoonwell’s third oracle malfunction in six months saw the price of cbETH set at $1.12 instead of $2,200, leading to 1096 cbETH liquidated. Source link
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Recently published accounts from FTX-backed Effective Ventures confirm that it sold the manor amid a rough market for stately homes. Source link
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Peter Thiel and Founders Fund lost tens of millions of dollars investing in ETHZilla, a struggling ETH treasury company. Source link
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Coinbase
Michael Saylor’s Spinal Tap ad says STRC is like a bank account — it isn’t
by Carl Nashby Carl NashMichael Saylor is using AI slop to liken Strategy’s STRC dividends to the interest payments of regulated money market funds. Source link
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Coinbase
Cambodia has deported 48K foreigners since scam center crackdown began
by Carl Nashby Carl NashCambodia’s deputy prime minister warned that its police force is stretched thin as it continues to crack down on crypto scam centers. Source link
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NFT artist Beeple is critiquing the collapse of Ethereum with a grim pigeon-infested depiction of this year’s ETH Denver conference. Source link
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Coinbase
Polymarket users try manipulate Israeli journalist with death threats, report
by Carl Nashby Carl NashPolymarket users reportedly threatened to kill an Israel-based journalist after his Iranian missile report threatened several large wagers. Source link
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Sam Bankman-Fried has focused his energy on asking for a presidential pardon, but his efforts aren’t going particularly well. Source link
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Polymarket quietly sunsetted one of its two de facto subsidies for quants adding liquidity to lure retail ‘taker’ orders. Source link
