The trader known as Griffin created QUANT and used $348 worth of SOL to buy 51 million tokens before selling them for $29,953. Source link
Coinbase
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Coinbase
CHART: FTX and Alameda execs get a total of 34.5 years in prison
by Warren Payneby Warren PayneFive FTX and Alameda Research executives have now been sentenced, with only three of them expected to serve any time in prison. Source link
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Michael Saylor’s Class B MicroStrategy stock outvoted Class A 10:1, but so much Class A now exists that he has lost voting control. Source link
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MicroStrategy started 2023 with a market capitalization of just $1.8 billion. Today, this figure sits at $111 billion. Source link
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Coinbase
Nayib Bukele tweet pumps Chill Guy memecoin amid creator’s legal threats
by Warren Payneby Warren PayneA Thursday evening tweet of the Chill Guy meme by El Salvador’s President Nayib Bukele pumped the price of a Solana memecoin by 65% in 90 minutes. Source link
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Coinbase
‘Solana killer’ Sui does Solana things — goes offline for 2 hours
by Warren Payneby Warren PayneThe Sui blockchain, supposedly a viable rival to Solana, was down for over two hours today, causing its native SUI token to drop 5.6%. Source link
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Coinbase
Bitcoin bet made on ‘pussy terms’ is about to make both parties bank
by Warren Payneby Warren PaynePeter McCormack looks set to pocket $20,000 thanks to a bitcoin bet made on “pussy terms” with Simplify Asset Management’s Michael Green. Source link
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Coinbase
TUSD up to 99.7% backed by speculative assets despite SEC settlement
by Warren Payneby Warren PayneDollar-pegged stablecoin TUSD may still be up to 99.7% backed by speculative assets, despite an SEC settlement that alleged this behavior. Source link
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Bitcoin and MicroStrategy are both rallying with win-win math for bondholders and shareholders. Of course, the party can’t last forever. Source link
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Coinbase
World Network wants $100 deposit from users to work its orbs
by Warren Payneby Warren PayneWorld Network — previously Worldcoin — is offering anybody willing to pay $100 the chance to operate one of its eye-scanning orbs. Source link