This year’s largest “bitcoin only” conference is stacked with speakers who previously promoted altcoins that later crashed. Source link
Warren Payne
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Kevin Warsh, Trump’s nominee to be chair of the Federal Reserve, has extensive financial ties to the cryptocurrency ecosystem. Source link
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Extreme negative funding rates turned the winning short-sale of a crypto meme into a huge loss, despite a correct bet on its decline. Source link
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Justin Sun blasted Trump-linked World Liberty Financial’s token plan after investing $75M, calling its new governance proposal “tyrannical.” Source link
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Coinbase
DeFi sector in $14B meltdown as $290M rsETH hack fallout burns Aave
by Warren Payneby Warren PayneDeFi is in crisis mode with multiple lending markets at full utilization after $290M of Kelp DAO’s rsETH was hacked from Layer Zero. Source link
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Coinbase
France crypto conference doubles security as wrench attacks rise
by Warren Payneby Warren PayneFrance has reportedly seen one violent crypto-related robbery attempt every five days on average this year. Source link
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Strategy’s high-yield dividend stock STRC funds record BTC purchases, sparking major social media controversy and scrutiny from Coffezilla. Source link
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Eight web3 games have either shuttered, paused operations, or pivoted back to web2 this year as major funding dries up. Source link
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Coinbase
Tether challenges USDC Solana hegemony with $127.5M Drift bailout
by Warren Payneby Warren PayneTether has pledged up to $127.5M to help Drift “support user recovery and relaunch the Drift platform” after a $285M hack. Source link
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Coinbase
Solana validator logs 32 delinquencies, foundation still claims ‘100% uptime’
by Warren Payneby Warren PayneSolana’s “100% uptime” claim is true at the cluster level, but anyone in the Harmonic Major validator went delinquent 32 times in 30 days. Source link
