Argentine President Javier Milei posted and then deleted an X post promoting Libra, a memecoin that rose 2,000%+ to a $4.4B market cap before plunging 95%+
‘Not aware of the details’ Zack Abrams / The Block : Argentinian President Javier Milei retracts $LIBRA endorsement after insiders cash out $107 million Elendu Benedict / The Crypto Basic : Argentina'...
Donald Trump picks Howard Lutnick, CEO of Cantor Fitzgerald, which has been a custodian for stablecoin company Tether since 2021, to serve as Commerce Secretary
a sign of crypto's new political clout Dan Alexander / Forbes : ‘The Most Hated Guy On Wall Street’: The Unspoken Story Around Howard Lutnick, Trump's Pick For Commerce Secretary Wall Street Journal :...
JPMorgan's Global Head of Payments says the blockchain-based JPM Coin now handles $1B in transactions per day and the bank plans to continue widening its usage
- JPM Coin allows blockchain-based payments by wholesale clients — Token is a rare instance of live blockchain use by a big bank
Twitter suspends Explain This Bob, a GPT-4 chatbot tied to the BOB Token, after Elon Musk called the account a “scam”; Musk replied “I love Bob” in April 2023
The move marks an abrupt about-face for Musk, who had previously engaged with the bot's content on Twitter.
Coinbase launches Base, a Layer 2 network built on Optimism's OP Stack, offering access to Ethereum, Solana, and others, and has no plans for new network tokens
Sign up and get crypto Explore Learn Individuals Businesses Developers Company Sign … The Optimism Collective : Optimism Goes m̶u̶l̶t̶i̶ Superchain Tyler Pearson / DL News : SBF hit with new charges, ...
Binance says 2M BNB, worth ~$570M, were stolen from its BNB Chain in an exploit; “majority” of BNB are in the hacker's wallet, ~$100M worth were “unrecovered”
Then It Got Complicated The Guardian : World's largest crypto exchange hacked with possible losses of $500m Ephrat Livni / New York Times : Binance Blockchain Hit by $570 Million Hack, Exposing Crypto...
Kevin Rose's NFT startup Proof announces a $50M Series A led by a16z, the NFT project Moonbirds Mythics launching in 2023, and a DAO to license Moonbirds' name
PROOF announces $50 million Series A, unveils new details around its first product … Andrew Hayward / Decrypt : Kevin Rose's Proof Raises $50M, Plots Token and Moonbirds NFT Expansion Elizabeth Napoli...
Coinbase launches its NFT marketplace in beta with Ethereum-based NFTs and ETH payments; 1.5M+ joined the waitlist after the service's unveiling in October 2021
We're building a social marketplace powered by web3. You won't need a username and password. 0x Blog : Coinbase partners with 0x to power their new social marketplace for NFTs Eliza Gkritsi / CoinDes...
Mykhailo Fedorov cancels Ukraine's crypto airdrop plan, saying the government will instead announce, but not issue, NFTs to support the Ukrainian Armed Forces
🧠 The 4th cohort of Hype-Free Crypto kicks off later this month. Washington Post : Ukraine asked for donations in crypto. Then things got weird. Amelia Isaacs / AltFi : Ukrainian government to sell N...
Crypto tokens allow venture capitalists to dump their investments on an enthusiastic public without regulation, in the midst of a speculative mania
These days I read a lot of cross-disciplinary commentary on the crypto asset bubble, and what strikes me as particularly strange is the sheer level … Tweets: @smdiehl , @carnage4life , @techwontsaveus...