The Bitcoin Group #454 - OP RETURN - $100K Again - Coinbase Phish - Pump No Fun

58 crypto wallets have made millions on Trumpcoin while 764,000 have lost money

FEATURING:

Ben Arc (https://twitter.com/Arcbtc)
Victoria Jones (https://twitter.com/satoshis_page)
Thomas Hunt (https://twitter.com/MadBitcoins)

THIS WEEK:  

Since when does bitcoin acquiesce to flash in the pan business models ?
https://twitter.com/djbooth007/status/1919517956398252118?s=46
Source: Twitter/X

Removing Bitcoin’s Guardrails
https://blog.bitmex.com/removing-bitcoins-guardrails/
Source: Blog Bitmex

OP_RETURN shitcoinery intensifies. 
To do this, these folks need to both find AND pay miners willing to mine these shitcoin transactions. 
https://twitter.com/fractalencrypt/status/1920139895164613040?s=46
Source: Twitter/X

OP_RETURN debate is novel due to how factions are split.
1) Ruthlessly rational technical folks who understand the dynamics of the network and don't want to play unending subjective games.
2) Ideological folks upset by how others use the network who want to play those games.
https://twitter.com/lopp/status/1920474177930195408?s=46
A quiet change in Bitcoin Core just blew open a years-long battle.
https://twitter.com/simpleminingio/status/1920172025072791814?s=46
Source: Twitter/X

Is Bitcoin about to go parabolic? BTC price targets include $160K next
https://cointelegraph.com/news/is-bitcoin-about-to-parabolic-btc-price-160k-next
Source: Cointelegraph

$45 million stolen from Coinbase users in the last week — ZachXBT
https://cointelegraph.com/news/45-million-stolen-coinbase-users-last-week-zack-xbt
Source: Cointelegraph

Trump crypto adviser David Bailey raises $300M for Bitcoin investment firm
https://cointelegraph.com/news/trump-advisor-david-bailey-nakamoto-bitcoin-fund
Source: Cointelegraph

Pump.fun Hits Back at Report That Claimed 98% of Memecoins on the Platform Are Fraudulent
https://www.coindesk.com/business/2025/05/07/98-of-tokens-on-pump-fun-have-been-rug-pulls-or-an-act-of-fraud-new-report-says
Source: Coindesk

JUST IN: 🇺🇸 Goldman Sachs plans to tokenize U.S. Treasury bonds and money market funds to enable 24/7 on-chain trading.
https://twitter.com/whaleinsider/status/1918573869440376851?s=46
Source: Twitter/X

Just revealed: FinCEN explicitly told prosecutors Samourai Wallet wasn't a money transmitter due to its non-custodial design; DOJ prosecuted developers anyway, suppressing exculpatory evidence for a year.
https://twitter.com/zackbshapiro/status/1919434284596646242?s=46
Source: Twitter/X

BREAKING: Celsius founder, Alex Mashinsky, sentenced to 12 years in prison
https://x.com/AutismCapital/status/1920561261844009065
Source: Twitter/X

58 crypto wallets have made millions on Trump's meme coin while 764,000 have lost money, data shows
https://www.nbcnews.com/tech/crypto/58-crypto-wallets-made-millions-trumps-meme-coin-764000-lost-money-dat-rcna205237
Source: NBC News
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