Jim Chanos’ hedged MSTR short-sale is probably up 15-35% depending on the assumptions you make about his cost basis and fees. Source link
Latest in Coinbase
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Coinbase
Commerce Secretary Lutnick wants US economy on blockchain for some reason
by Carl Nashby Carl NashUS Secretary of Commerce Howard Lutnick says the Department of Commerce is to start issuing its statistics on the blockchain. But why? Source link
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An apparent bug rendered the term “microwave” unsearchable on X as the crypto community turned Bob Lax and his microwave review into a meme. Source link
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Alphabet’s Google Cloud team is launching a layer 1 blockchain, GCUL, that could compete with the XRP Ledger across many features. Source link
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Coinbase
Elizabeth Holmes’ X account is posting again — but is it really her?
by Carl Nashby Carl NashSomebody claiming to be former Theranos CEO Elizabeth Holmes is tweeting, replying, and occasionally trolling on X. Source link
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ZachXBT says he’s disinclined to help out scammed XRP holders who he believes “provide nothing of value to the industry.” Source link
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Coinbase
Tether terminates Bitcoin support while advertising Bitcoin support
by Carl Nashby Carl NashTether will terminate redemptions and freeze most USDT tokens using the Bitcoin ledger on September 1 as it terminates Omni support. Source link
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A ransomware attack on Swedish IT provider Miljödata has led to a ransom demand of just 1.5 BTC in exchange for not leaking sensitive info. Source link
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Coinbase
Axiom traders panic as Pump Fun temporarily bans selling memecoins
by Carl Nashby Carl NashY Combinator-backed Axiom amassed a quarter of a billion in trading fees, then suddenly lost the ability to execute sell orders on Thursday. Source link
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This surprising warning from Cøbra, one of Bitcoin’s most loyal supporters, highlights the escalating tension over arbitrary data storage. Source link
