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- 3/25/24: Elon Misses Vitalik 😢🐵💵
3/25/24: Elon Misses Vitalik 😢🐵💵
Top News
Elon Musk asks why Vitalik Buterin left X
Kevin Hart sells Bored Ape NFT for 83% loss
Binance to discontinue USDC support on the Tron

Specs’ Breakdown
1. Elon Musk asks why Vitalik Buterin left X
⌐◪-◪ → Elon Musk just asked the public why Ethereum co-founder Vitalik Buterin left Twitter.
For those who don’t know, Vitalik left Twitter in favor of Farcaster, a more decentralized alternative that’s gained a lot of popularity with the crypto community.
This is pretty exciting for Farcaster as it puts them in direct competition with Twitter on a global stage; however, many still question Farcaster’s ability to sustain momentum/growth and compete long-term.
This whole exchange got me thinking…
It would be cool to listen to Elon and Vitalik discuss centralized vs. decentralized social media on Twitter Spaces. I for one would like to see a liquid market for usernames + the ability to export/migrate followers.
Let’s see if we can get Elon’s attention → Tweet this.
2. Kevin Hart sells Bored Ape NFT for 83% loss
Ape #9258 bought for 13.26 ETH (45,368.88 USD) on Blur #BAYC#BoredApe
blur.io/asset/0xbc4ca0…
Powered by @AlohaLabsxyz
— BAYC Sales Bot 🤖️ (@BAYCsalesbot)
9:59 PM • Mar 24, 2024
⌐◪-◪ → Famous actor Kevin Hart just sold his Bored Ape NFT for 13.79 ETH ($45k) through bids.
For context, it was purchased 2 years ago for 79.5 ETH ($250k), which makes this a massive 83% loss.
I wonder how much Kevin was involved with this decision or if it was simply made in isolation by his agency/manager.
I suppose short of asking Kevin directly, we’ll never know.
Personally, I’ll never understand why a wealthy Hollywood celebrity like Kevin would take such a big financial/reputational L just to recoup $45k, which I reckon is chump change to him.
3. Binance to discontinue USDC support on the Tron
⌐◪-◪ → Starting April 5th, Binance will end support for $USDC deposits and withdrawals on the TRON blockchain.
While this headline initially struck me as an anti-USDC headline, it’s actually a follow-up to Circle’s own decision to discontinue USDC support on Tron. So funny crypto-politics here.
Users will still be able to trade USDC on Binance and deposit/withdraw USDC on other networks.
Meanwhile, the great stablecoin race is still underway with the top 5 by market cap being
Tether (USDT) → $104B
Circle (USDC) → $32.2B
DAI (DAI) → $5.35B
First Digital USD (FUSD) → $2.62B
USDD (USDD) → $731.9M
And way down in 10th place is PayPal USD at $188.21M market cap, to be honest, I sort of forgot their stablecoin exited haha.

Everything Else
⛓️ Crypto & DeFi
Polygon zkEVM resumes operations after 10-hour outage
Worldcoin makes eye-scanning code open-source
ETH Pectra upgrade to raise validator stake between 32 & 2,048 ETH
Attacker mints 1B CGT governance token in Curio ecosystem exploit
$200M in OP & DYDX to unlock next week
Email phishing scam targeting BlockFi & FTX creditors steals millions
🏦 Wallstreet & VC
Spot Ether ETF approval in May extremely unlikely says Galaxy’s Thorn
Binance Labs invests in StakeStone as it continues to bet on restaking
BlackRock says Bitcoin is crucial to the financial system
BlackRock’s ETF could flip GBTC in holdings within 3 weeks
🏛️ Legal & Regulatory
SEC’s Gary Gensler says crypto could benefit from “disinfectant”
SEC and CFTC ask for millions to beef up crypto oversight
Government looks to sell luxury jets linked to Sam Bankfman-Fried
Coinbase CEO says being against Bitcoin is political suicide
🌎 Rest of the World
Iceland’s PM wants to reduce crypto mining in the country
Do Kwon to be released from prison in Montenegro
The Bitcoin Company launches cross-border payments for Mexico
Detained Binance executive escapes custody in Nigeria
EU crypto watchdog closer to finalizing rules under MiCA
Singapore DigiFT launches US T-Bill RWA tokens
🖼️ NFTs & Metaverse
Axie Infinity’s biggest guild is turning into a gaming protocol
Lens now has CC0 and other licenses via social media app Hey
'Crypto Valleys' DeFi farming game launches
Andrew Tate starts shilling meme coins
PENDLE breaks $1B valuation RWA rally
888 defaults on NFT loan worth 28 ETH
Revolving games launches sidequest protocol

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