Scamdrew Tate Wants Free Crypto 🤡🪨🔻

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Scamdrew Tate Wants Free Crypto 🤡🪨🔻Valko

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Andrew Tate Disavowed Crypto—Now He's Pitching His Own Coin - Decrypt

The "most famous man alive" had his Bitcoin seized, but is mulling mintiing his own token.

⌐◪-◪ → Andrew Tate wants to launch his own cryptocurrency and says he’ll, “back it with $100M of my own money and never sell”.

This is obviously very ironic considering he released a video last year roasting crypto and NFTs, likely because he got burned on a few stupid investments. This guy really hates crypto, I believe his exact words were:

"I DO NOT ENDORSE SHIT COINS”
“I’m not a scammer like every other “influencer”
“I don’t need to rob my fans”
“I DO NOT HAVE ANYTHING TO DO WITH ANY CRYPTO”

It’s so unbelievably hypocritical that it might be an attention-grabbing stunt, a shit-post, which (to be fair) clearly working.

Anyway, I’ll never understand people who think Tate made hundreds of millions from legitimate business whilst he desperately shills a $50 paid group. Actions speak louder than words. DYOR.

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BlackRock’s spot bitcoin ETF overtakes Grayscale’s GBTC in daily volume

BlackRock's IBIT registered $304 million in daily trading volume compared to $292 million for Grayscale's converted GBTC fund on Thursday.

⌐◪-◪ → I want to call BlackRock the dark horse of spot BTC ETF race, but let’s be honest, they aren’t the unexpected winner — we all knew they’d come out on top.

With that said, “BlackRock” is hands down the coolest TradFi name out there, but maybe Larry Fink’s sweet sweet pro-crypto stance is starting to work its magic on me.

On a more serious note: BlackRock’s $IBIT is the first ETF to trade more than $GBTC in a single day, at $301M in daily volume.

This is a significant milestone given the massive headstart Grayscale had with their trust product in the public market since 2013.

So why is this happening? Well, probably because Grayscale’s ETF fees are a whopping 1.5%, that’s 6x BlackRock’s 0.25% fee, and 7.5x Bitwise’s 0.2% fee.

As long as the low-fee providers can survive — i.e. their costs do not exceed their revenue — then Grayscale may very well lose their lead as the largest ETF by assets under management. Right now Grayscale has $20.7B AUM, that’s 6.9x BlackRock who just surpassed $3B AUM.

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Meta's Reality Labs Faces $4.65B Quarterly Loss as Apple Vision Pro Hits the Shelves

Explore Meta's Reality Labs' significant $4.65B quarterly loss amid its metaverse push, contrasted with the launch of Apple's Vision Pro.

⌐◪-◪ → Looks like Facebook — sorry I mean Meta — just realized a $4.65B quarterly loss in its Metaverse division. Zooming out, Meta reports a staggering $42B loss since 2020 on its metaverse ventures.

While I love roasting Zuckerberg, the truth is large R&D spending like this is necessary if you want to continue growing/innovating. For context, Apple spent over $100B in R&D over the last 5 years — with an estimated $20B on the Vision Pro headset.

Again, it’s fun to roast ZuckZuck, but this headline was definitely a bit misleading and needed context. I get it though, it was a pretty juicy one, “Meta loses billions on Metaverse”. Lol.

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Everything Else

⛓️ Crypto & DeFi

Solana registers all-time-high monthly new addresses in Jan
OPNX exchange built by 3AC founders is shutting down
Jupiter founder brushes off airdrop backlash, criticizes influencers
Larry Davis calls himself an “idiot” for infamous FTX Super Bowl Ad
Ondo COO says stablecoins with yield could overtake current players
Polygon Labs cuts 19% of staff for 'enhanced performance'
Coinbase targes VIP traders at rival exchanges with no-fee promo
54% of all tokens launched on ETH in 2023 were pump and dumps
Foobar, the developer behind Delegate Cash, doxed by NFT Ethics

🏦 Wallstreet & VC

Valkyrie becomes 1st spot BTC ETF to diversify custodians
Celsius’ BTC mining asset to restart as new firm, plans to go public
Superstate introduces tokenized US Gov securities fund, USTB
Velar raises $3.5M for Bitcoin perpetual swaps exchange
Pixelmon raises $8M seed round from Animoca Brands
Saltwater raises $5.5M seed round for web3 gaming

🏛️ Legal & Regulatory

DOJ charges 3 with $400M FTX swim-swap hack
Binance freezes $4.2M XRP stolen from Ripple co-founder
US lawmakers seek to overturn SEC’s crypto accounting policy
Elizabeth Warren renews crypto criticism in push for new legislation
Genesis with SEC for $21M in lawsuit over Gemini Earn program

🌎 Rest of the World

Hong Kong firm VSFG to apply for spot ETH ETF in Q2
Thai regulators order Zipmex to suspend digital asset services
El Salvador president Bukele to continue BTC push if reelected

🖼️ NFTs & Metaverse

Sereum City game launches, Bored Ape holders get free passes
Overwatch esports league bans crypto, NFT, and AI sponsors
Parallel teases open beta for new Season 1 battle pass
Taproot Wizards delays 'Quantum Cats' mint for 3rd time
Animoca Brands criticized for using ApeCoin DAO to fund its projects
Doodles secures collaboration with Casino G-Shock

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