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Coinbase

MicroStrategy down 16% after short-seller’s report

Andrew Left tweeted negatively about MicroStrategy 13 minutes into Thursday’s trading session. Within 90 minutes, the stock had declined 16%. Source link

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Polymarket bans French users but still can’t stop VPNs

A reporter used a VPN to bypass Polymarket’s French ban that was put in place after one gambler made $85M betting on the US election. Source link

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Shock! Two thirds of memecoins now ‘worthless’ says new research

New research corroborates earlier findings that the vast majority of memecoins crash after their initial promotion and never recover. Source link

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Pump Fun livestreams spark backlash from disgusted traders

Controversial Pump Fun content, including gunplay and animal beheadings, has led many users to call for the end of its livestream feature. Source link

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Justin Sun’s HTX redeems $500M in WBTC it wasn’t supposed to have

Justin Sun-advised HTX recently redeemed approximately $500 million worth of WBTC, despite having no WBTC on its proof-of-reserves. Source link

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Coinbase

Michael Saylor buys 55,500 more BTC, average price nears $57,000

In the 1980s, a single family manipulated the price of silver. Critics think that situation is similar to MicroStrategy and bitcoin. Source link

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Justin Sun buys more of Trump’s WLFI than it planned to sell

Justin Sun has purchased $30m worth of WLFI, the Trump-endorsed cryptocurrency project, more than the project said it intended to sell. Source link

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MicroStrategy bulls think Michael Saylor can pump it to 10X its BTC

Irresponsibly Long MSTR members think that Michael Saylor will discover “genius ways” to financialize MicroStrategy’s bitcoin holdings. Source link

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Has Mango DAO ‘died’ while violating its SEC settlement?

The Mango DAO reportedly ‘died’ after John Kramer and Max Schneider gained significant voting control last week. Source link

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Base token VIRTUAL listed on Kraken — but not Coinbase

As Coinbase’s Base continues ceding market share to Solana, Kraken decided to simply list the Solana-based version of a popular Base token. Source link

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