May 23, 2026

Coinbase

Coinbase

Michael Saylor mixes up his ‘treasuries’ in misleading MSTR tweet

Strategy founder Michael Saylor has made many dubious claims, but this week’s likening of MSTR to “digital treasuries” might take the cake. Source link

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‘Bad actor’ Circle slammed for letting stolen $3M USDC sit unfrozen

Of a total of $17 million stolen from victim addresses, $3 million in USDC is yet to be frozen by issuer Circle. Source link

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It’s like the GBTC premium, but in Chinese silver

Similar to how BTC traders once paid a premium for GBTC, Chinese traders are paying 60% above silver holdings for a Shenzen fund. Source link

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Flare’s billion-dollar XRP DeFi dream has just 80 new users a day

Flare’s FXRP DeFi ecosystem, pitched as a billion‑dollar XRP breakthrough, has seen slow adoption and largely flat user growth. Source link

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Inside the $280M Drift hack: weeks of setup, minutes to drain

Drift Protocol was hacked for roughly $280M yesterday after a likely social engineering scheme breached its multisig approvals. Source link

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Death of the oldest living tortoise was just a crypto scam

The 194-year-old tortoise called Jonathan was reported to have died yesterday based on the false reports of a crypto scammer. Source link

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Justin Sun’s graveyard of abandoned crypto projects

Justin Sun has launched and endorsed a huge number of cryptocurrency projects, and many have since been abandoned. Source link

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High yields to haircuts: Has DeFi learned anything from yield vault collapse?

The fallout from Stream Finance’s meltdown is still being cleaned up. Have risk curators, lending platforms, or DeFi users learned anything? Source link

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Bitcoin treasury Nakamoto down 98% — still pays David Bailey lavishly

Nakamoto originally promised a 10x EBITDA multiple when it would acquire David Bailey’s private business, BTC Inc. Source link

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Tesla Diner’s struggles accelerate as chef speeds away

The Tesla Diner has lost its head chef, Eric Greenspan, while Elon Musk still imagines launching even more. Source link

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