Coinbase

Extreme negative funding rates turned the winning short-sale of a crypto meme into a huge loss, despite a correct bet on its decline. …

Justin Sun blasted Trump-linked World Liberty Financial’s token plan after investing $75M, calling its new governance proposal “tyrannical.” Source link

France has reportedly seen one violent crypto-related robbery attempt every five days on average this year. Source link

Strategy’s high-yield dividend stock STRC funds record BTC purchases, sparking major social media controversy and scrutiny from Coffezilla. Source link

Eight web3 games have either shuttered, paused operations, or pivoted back to web2 this year as major funding dries up. Source link

Tether has pledged up to $127.5M to help Drift “support user recovery and relaunch the Drift platform” after a $285M hack. Source link

Solana’s “100% uptime” claim is true at the cluster level, but anyone in the Harmonic Major validator went delinquent 32 times in 30 …

Kyrgyzstan-registered crypto exchange Grinex has suspended operations. It had previously been linked to sanctions evasion of up to $6B. Source link

Tether-related companies Northern Data and Rumble are set to begin their merger, with Rumble offering equity for shares of Northern Data. Source link

It took years of leverage and over $11B in unrealized losses for Michael Saylor’s Strategy to flip green on its BTC bet today. …