🔻 PUMP IS DUMPED
Pump Fun’s $PUMP token has crashed approximately 60% to $0.0036, falling below its ICO price of $0.004.
The token had its ICO launch on July 12 and trading launch on July 15.
Here's how it all unfolded... 🧵
Michael Saylor launched his fourth series of preferred shares $STRC and claims he's "building out the yield curve for BTC credit."
There's one problem: Bitcoin has no yield and offers no credit.
@saylor is calling four preferred shares "the yield curve for $BTC credit"... 🧵
Prosecution's case imploding in @rstormsf's Tornado Cash trial.
His lawyer called for a mistrial after crypto forensics experts exposed "bumbling" efforts to trace funds.
MetaMask's @tayvano_ analyzed the evidence & found flaws in the government's case, @zachxbt agrees... 🧵
🥊 CIRCLE TAKES ON MEMECOIN
@circle , the $50 billion $USDC issuer, filed a brand infringement complaint against a memecoin called "Just A Circle" for using the $CRCL ticker.
Solscan changed the token's ticker from CRCL to "SPL Token" after receiving the complaint in June.. 🧵