A UK gang involved in fraud, drug dealing, and extortion is reportedly laundering its funds through memecoin pump and dumps. Source link
Deirdre Knox
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Coinbase
Zora abandons NFTs without warning, launches airdrop with zero rights
by Deirdre Knoxby Deirdre KnoxCoinbase-supported Instagram copycat Zora announced an airdrop with zero governance rights after its controversial pivot from NFTs. Source link
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Yuga Labs wants Pauly0x’s crypto wallets seized, claiming he made a mockery of a $9M judgment by buying sports tickets instead of …
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Coinbase
Cathie Wood, the ‘believer’ who predicted $1.5M per bitcoin, has lost billions
by Deirdre Knoxby Deirdre KnoxCathie Wood, fund manager at the multi-billion-dollar ARK Invest, believed in BTC and a futuristic portfolio of money-losing investments. Source link
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Coinbase
Gate.io to compensate users for outage losses — but there’s a catch
by Deirdre Knoxby Deirdre KnoxGate.io promised to compensate users for losses caused by its exchange outage “excluding market factors,” whatever that means. Source link
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Coinbase
Arbitrum, Optimism, and Base are fighting over $52 billion DeFi pie
by Deirdre Knoxby Deirdre KnoxEthereum layer 2s are battling for dominance of a market they believe could be worth hundreds of billions of dollars. Source link
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Coinbase
Michael Saylor keeps diluting MSTR holders after preferred sale flops
by Deirdre Knoxby Deirdre KnoxFans of Michael Saylor believed that non-dilutive preferred shares would displace dilutive ATMs, but MicroStrategy just admitted the opposite. Source link
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Coinbase
Tornado Cash founder nears $2M legal fund goal ahead of trial
by Deirdre Knoxby Deirdre KnoxRoman Storm had to raise another $2M as the legal fees from the US case against crypto mixer Tornado Cash continue to …
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Coinbase
Pump Fun co-founder Dylan Kerler linked to 2017 ICO scams, report
by Deirdre Knoxby Deirdre KnoxDylan Kerler, the Pump Fun co-founder, has been linked to a shitcoin that rugpulled in 2017 when he was just 16-years-old. Source …
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US senators are debating crypto legislation, however, relatively few of them have disclosed investments in the industry. Source link