May 11, 2026

Julia Parr

Coinbase

FTX-linked Effective Ventures sells UK manor at $14.5M loss

Recently published accounts from FTX-backed Effective Ventures confirm that it sold the manor amid a rough market for stately homes. Source link

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Coinbase

Peter Thiel lost tens of millions in ETHZilla

Peter Thiel and Founders Fund lost tens of millions of dollars investing in ETHZilla, a struggling ETH treasury company. Source link

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Coinbase

Michael Saylor’s Spinal Tap ad says STRC is like a bank account — it isn’t

Michael Saylor is using AI slop to liken Strategy’s STRC dividends to the interest payments of regulated money market funds. Source link

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Coinbase

Cambodia has deported 48K foreigners since scam center crackdown began

Cambodia’s deputy prime minister warned that its police force is stretched thin as it continues to crack down on crypto scam centers. Source

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Coinbase

Beeple turns ETHDenver into a post-apocalyptic wasteland

NFT artist Beeple is critiquing the collapse of Ethereum with a grim pigeon-infested depiction of this year’s ETH Denver conference. Source link

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Coinbase

Polymarket ends trading loophole for bitcoin quants

Polymarket quietly sunsetted one of its two de facto subsidies for quants adding liquidity to lure retail ‘taker’ orders. Source link

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Coinbase

Is PUNCH token the new Moo Deng?

A monkey called Punch has already been spun into a memecoin that’s pulled in $41 million in trading volume and market manipulation warnings.

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Coinbase

Aave developer BDG Labs to ‘cease contribution’ after DAO drama

The latest in a string of Aave DAO disputes sees BGD Labs quit, citing Aave Labs’ behavior around v4 and centralization concerns. Source

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Coinbase

Fake Uniswap phishing ad on Google steals trader’s life savings

A fake Uniswap website promoted via Google Ads drained a six figure dollar amount worth of crypto savings from a Polymarket trader. Source

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Coinbase

CHART: Bitcoin returns in short bursts

BTC generates almost all of its returns over short bursts, cramming its rallies into brief sprints that leave many investors sidelined. Source link

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