Crypto continued on the path of broad gains this week, creating a giddily optimistic online atmosphere.
Author: Sander Lutz
Elon Musk Says ‘Not Your Keys, Not Your Wallet’ in Butchered Attempt at Bitcoin Mantra
https://decrypt.co/209133/elon-musk-says-not-keys-not-wallet-butchered-bitcoin-mantra
World’s richest man and alleged crypto fan Elon Musk took a swing at the classic Bitcoin “not your keys” mantra—and whiffed.
Ethereum Layer-2 Starknet Reveals STRK Token Airdrop
https://decrypt.co/209109/ethereum-layer-2-starknet-reveals-strk-token-airdrop
Starknet, an Ethereum scaling network, is readying 1.8 billion STRK tokens between the airdrop and rebates, plus incentives for DeFi users.
Jito Airdrop Hands Out $225 Million to Solana Users
https://decrypt.co/209010/jito-airdrop-hands-out-225-million-solana-users
Solana DeFi users are celebrating after Jito launched JTO, with 90 million tokens up for grabs for eligible users.
Reebok Follows Nike Into Digital Fashion and Gaming, With an AI Twist
https://decrypt.co/208993/reebok-follows-nike-into-digital-wearables-gaming-with-ai-twist
Footwear brand Reebok will debut an on-chain gaming experience next year that it promises will be “mind-bending.”
Crypto Stock Short Sellers Have Lost $2.6 Billion Since Bitcoin Bull Run Began
https://decrypt.co/208921/crypto-stock-short-sellers-lost-2-6-billion-since-bitcoin-bull-run-began
Short sellers are playing with fire and getting burned as Bitcoin’s boom boosts crypto stocks. Experts say it’s about to get worse.
Bitcoin Flips Tesla, Meta, and BTC Hater Buffett’s Berkshire Hathaway
https://decrypt.co/208854/btc-flip-tesla-meta-bitcoin-hater-buffetts-berkshire-hathaway
Bitcoin now ranks among the top 7 most valuable traded assets in the world—topping a financial giant led by BTC skeptic Warren Buffett.
Flying High: Why Bitcoin Fans Are Buzzing About Hitting $42,069
https://decrypt.co/208727/flying-high-why-bitcoin-fans-buzzing-hitting-42069
Bitcoin broke past the fabled meme number this week, sparking hopes that the cryptocurrency might soon ascend to the promised land of $69,420.
Best in Show? Solana’s BONK Joins Dogecoin and SHIB as Top Dog Coins
https://decrypt.co/208668/best-show-solana-bonk-joins-dogecoin-shib-top-dog-coins
Capping off a month of historic gains, the BONK token amassed a market cap large enough to dethrone Elon Musk-themed coin FLOKI.
Is NFT Winter Over? Prices Climb as Bitcoin and Ethereum Surge
https://decrypt.co/208543/is-nft-winter-over-prices-climb-bitcoin-ethereum-surge
Projects like Pudgy Penguins, Mad Lads, and Milady Maker are leading the charge for a NFT market upswing across Ethereum, Solana, and beyond.
This Week on Crypto Twitter: Revenge of the Memecoins
https://decrypt.co/208416/this-week-on-crypto-twitter-revenge-of-the-memecoins
A frenzy of increasingly absurd tokens dominated discourse this week—and fanned hopes of an impending crypto bull market.
Jupiter Reveals Airdrop Allocations for Solana DeFi Users
https://decrypt.co/208324/jupiter-reveals-airdrop-allocations-solana-defi-users
Users can now check how much JUP token they’re entitled to claim through DeFi platform Jupiter’s upcoming airdrop.
Munger Was Right: Meme Coin That Generated Millions Off Bitcoin Hater’s Death Implodes
The MUNGER token, which pumped 31,000% after Bitcoin critic Charlie Munger died Tuesday, has completely collapsed.
RIP Henry Kissinger: So What’s the Best Meme Coin?
https://decrypt.co/208171/rip-henry-kissinger-whats-best-meme-coin
Following a growing trend, degens traded hundreds of thousands of dollars worth of various Kissinger meme coins after the contentious diplomat died Wednesday.
KyberSwap Hacker Demands Company Control in Unhinged On-Chain Ransom Letter
https://decrypt.co/208147/kyberswap-hacker-demands-company-control-unhinged-on-chain-ransom-letter
The self-proclaimed “Kyber Director,” who drained $48 million from KyberSwap, outlined their vision—including a purge of current leadership.
Bright Moments in Patagonia: How an NFT Artist Lured Collectors to a Remote Boulder
https://decrypt.co/207902/bright-moments-patagonia-how-nft-artist-lured-collectors-remote-boulder
Earlier this month, artist Deafbeef revealed a collection of tokenized sculptures at a remote glacial boulder on a farm in rural southern Argentina. Here’s how it all came together.
Charlie Munger Meme Coin Pumps 31,000% After Bitcoin Hater’s Death
https://decrypt.co/207895/charlie-munger-meme-coin-pumps-31000-bitcoin-haters-death
The volatile coin has made millions on the death of famed investor Charlie Munger, who skewered the crypto industry as “contrary to the interests of civilization.”
Coinbase Might Be Forced to Share Your Bitcoin Trading Data With the CFTC
https://decrypt.co/207736/coinbase-might-forced-share-bitcoin-trading-data-cftc
The company was recently served with a subpoena pertaining to crypto exchange Bybit. But Coinbase customers with no relationship to that exchange say they’re being targeted too.
4 Things CZ Can Do in Seattle While Waiting to See If He’s Going to Prison
https://decrypt.co/207657/4-things-cz-seattle-waiting-see-going-prison
Binance founder Changpeng “CZ” Zhao got news today that he’s stuck in America for the time being. So why not make the most of it?
Where in the World Is Hex Founder Richard Heart?
https://decrypt.co/207640/where-world-hex-founder-richard-heart
The SEC has been trying, and apparently failing, to hunt down controversial Hex founder Richard Heart for months.
Bitcoin Hovers Near Yearly High as Halving and ETF Loom
https://decrypt.co/207593/bitcoin-hovers-near-yearly-high-halving-etf
Bitcoin appears to be holding onto gains in an anticipation of big events next year.
This Week on Crypto Twitter: Another One Bites the Dust
https://decrypt.co/207525/this-week-on-crypto-twitter-cz-blast
Twitter discourse was dominated by the shocking fall of Binance CEO CZ on Tuesday.
How Auction House Christie’s Embraced NFTs After Beeple’s $69 Million Sale
https://decrypt.co/207461/how-auction-house-christies-embraced-nfts-after-beeple-69-million-sale
The creators of Christie’s 3.0 reflect on the impact of their on-chain art marketplace one year out, and how the 257-year old auction house improbably became a tech thought leader.
EU’s Anti-Bitcoin Central Bank Head Lagarde Admits Son Lost Big on Crypto
https://decrypt.co/207444/eu-anti-bitcoin-central-bank-head-admits-son-lost-big-on-crypto
Christine Lagarde, the European Central Bank president, said she spent years trying to convince her 30-something son to stay away from crypto bets.
Inverse Cramer? Bitcoin Doomer Turns Bullish as Crypto Hits $38,000
https://decrypt.co/207391/inverse-cramer-bitcoin-doomer-turns-bullish-crypto-hits-38000
As Bitcoin continues to pump, CNBC host Jim Cramer has changed his tune about crypto once again. Some Bitcoiners joke that BTC is now doomed.
‘No Reason’ for SEC to Deny Bitcoin ETF, Says Hester Peirce
https://decrypt.co/207146/hester-peirce-sec-no-reason-deny-bitcoin-etf
Bitcoin jumped 3% as Commissioner Peirce’s comments circulated around Crypto Twitter today, a sign that ETF hopes abound.
Binance Users Heading for the Exits? Over $1 Billion in Withdrawals—So Far
https://decrypt.co/207123/binance-sees-1-billion-withdrawals-since-criminal-charges-revealed
While a substantial sum, it appears the world’s leading crypto exchange has staved off a bank run for now.
Will Binance Founder Changpeng Zhao Go to Prison?
https://decrypt.co/206905/will-binance-founder-changpeng-zhao-go-to-prison
What are the odds the fallen Binance CEO will join Sam Bankman-Fried on the prison yard? Here’s a look at what Changpeng “CZ” Zhao is facing.
Pyth Airdrop Puts $77 Million in the Wallets of Crypto Users
https://decrypt.co/206754/pyth-airdrop-puts-77-million-wallets-crypto-users
Upstart crypto exchange Backpack also airdropped the Solana-based PYTH token to tens of thousands of new users as a reward.
Argentina’s Next President Says It’s OK to Sell Babies—Here’s Why Bitcoin Lovers Love Him
https://decrypt.co/206724/argentina-next-president-says-ok-sell-babies-why-bitcoin-lovers-love-him
Bitcoin maximalists and crypto industry leaders are celebrating the rise of Javier Milei, in the hopes the controversial politician will benefit crypto.