Coinbase

Coinbase

Bitcoin treasury Nakamoto down 98% — still pays David Bailey lavishly

Nakamoto originally promised a 10x EBITDA multiple when it would acquire David Bailey’s private business, BTC Inc. Source link

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Coinbase rolls out Ethereum-backed loans for users to borrow USDC without selling

Ether holders on the exchange can borrow up to $1M in USDC using ETH as collateral. That ensures access to liquidity/cash without selling their holdings. The service is available in all US states, excluding New York. Leading exchange Coinbase has introduced a new feature that will likely reduce selling pressure amid the current broader crypto

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Coinbase

Tesla Diner’s struggles accelerate as chef speeds away

The Tesla Diner has lost its head chef, Eric Greenspan, while Elon Musk still imagines launching even more. Source link

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Chinese influencer, “Sister Orange,” arrested for pig butchering

A Chinese internet influencer who went by “Sister Orange” has been arrested and charged with human trafficking and fraud. Source link

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Coinbase seemingly vanishes prediction market pages after leak

Jane Manchun Wong added Coinbase to their list of tech firm leaks after exposing features from the likes of Tinder, Instagram, and Facebook. Source link

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Is Aave’s ‘Balance Protection’ backed by Relm — an FTX insurer?

The DeFi community has voiced concerns around who and what is covered by Aave’s million-dollar “Balance Protection” for app users. Source link

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Coinbase

Is XRP overvalued? Critics flag $149 in daily network revenue

Despite $127B in market cap, XRP burned as fees to transact on the blockchain rarely exceed a couple of thousand dollars a day. Source link

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Scott Purcell-linked Fortress Trust fails like Prime Trust before it

Two crypto custodians involving Scott Purcell both collapsed after a disturbingly similar pattern of financial mismanagement. Source link

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Coinbase

Justin Sun’s graveyard of abandoned crypto projects

Justin Sun has launched and endorsed a huge number of cryptocurrency projects, and many have since been abandoned. Source link

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Coinbase

CHART: USDC is growing faster than USDT under Trump

Tether’s USDT and Circle’s USDC have both grown under Trump, but USDC has seen a larger relative increase in its market capitalization. Source link

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