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⌐◪-◪ → BitBoy is busted!

Crypto influencer Ben 'BitBoy' Armstrong has been arrested in Florida for allegedly sending threatening emails to Georgia Superior Court Judge Kimberly Childs. Armstrong, who confirmed the existence of warrants against him via social media, now faces up to three years in prison.

This marks his second arrest in a short period — and incredibly, some people still like him and are defending him (maybe it’s just trolling?).

Honestly, it’s just another episode in the chaotic saga that is BitBoy and a great example of our favorite lesson — fuck around, find out.

⌐◪-◪ → Another stablecoin is born!

Fidelity is entering the stablecoin arena!

The $5 trillion asset manager just announced plans to launch its own stablecoin, joining the likes of Trump’s World Liberty Financial and Sam Altman’s Worldcoin. The token will form part of their strategy to enter the tokenized government bonds market, integrating digital assets into their massive financial offerings.

This move comes on the heels of Fidelity's recent filing for an "OnChain" share class of its Treasury Digital Fund (FYHXX), aiming to leverage blockchain for greater transparency and efficiency. It’s part of a broader trend of TradFi giants moving deeper into crypto, as the gap between TradFi and DeFi continues to shrink.

Stablecoin wars are heating up. Tether and Circle better watch their backs!

⌐◪-◪ → GameStop is all in on Bitcoin!

GameStop just made a huge move into crypto, updating its investment policy to include Bitcoin as a treasury reserve asset. The decision was unanimously approved by the board, signaling a strategic shift towards digital assets.

With approximately $4.75 billion in cash, GameStop has the firepower to make a substantial investment in Bitcoin. This comes as the company doubles its Q4 net income to $131.3 million, despite closing 590 stores in 2024 and planning to shut down even more in 2025.

GameStop’s pivot to Bitcoin is a big move, and it’s going to be interesting to see how the market reacts.

The memestock just got a whole lot meme-ier.

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