This is one of the most incoherent comments I have ever read in my life. What does this even mean? Selective default on certain bondholders? Internal default on all the treasuries being held by the Federal Reserve? None of the very stable geniuses wanted to clarify what the hell this meant?

Wake up! USDD is keep mooning with 20% APY!

If a judge tried to tell a general how to conduct a military operation, that would be illegal. If a judge tried to command the attorney general in how to use her discretion as a prosecutor, that's also illegal. Judges aren't allowed to control the executive's legitimate power.

devs allegedly cancelled their fake streamflow contracts after my tweet moved the tokens back to their wallet and created new streamflow contract and they locked it this time but here's the catch: they didn't lock the amounts they promised and kept ~$17M worth of tokens which are more than enough to fully rug $3M liquidity token stay aware and don't get tricked from these moves. we'll keep monitoring the situation. $CAR

This narrative just isn’t true — here are the facts: Base is and will continue growing Ethereum. We’re investing all of our earnings and resources into doing this and we have gone from zero to millions of new people onchain in 1.5 years. Base and Coinbase have and continue to hold ETH and publicly disclose our long term holdings (100K ETH+, $300M+). AFAIK this is the largest ETH holding of any public company and way bigger than any other L2 DAO or Labs company today. Base currently uses offchain custody for security and audit reasons (that’s why funds move to Coinbase). We earn and spend as much as we can in ETH. We spend ETH on L1 costs, we denominate all of our external grants in ETH, our goal is to continue to move more of Base's costs to function in ETH, and we are working hard to move more of our operations onchain. We also have offchain expenses (like salaries) that are denominated in USD, but any ETH we convert to USD to cover this is minimal compared to our holdings and the broader ETH market Let me say this again: Coinbase has accumulated $300M+ in ETH, which is more than 2x all of Base's ETH earnings over time We are 100% laser focused on long term growth, not short term price movements. We wake up every day thinking about how to bring the world onchain, and if you believe in this mission, build something to help make that happen. Spreading about FUD on the weekends isn’t it.