🚨LAST 12 HOURS IN CRYPTO:
Cøinbase Lawsuit, #Alpaca shutdown, Lagrange Airdrop & $427M Bitcoin Buy – Weekly Crypto Shakeup
Cøinbase Sued:
🔹Shareholders file class action over a 7.2% stock drop after late disclosure of a data breach.
Potential losses: $180M–$400M.
#Alpaca Finance Winds Down:
🔹Following Binance delisting, Alpaca will sunset all DeFi products by June 30.
Lagrange Labs Airdrop:
🔹Launching LA token with 10% airdropped May 28–June 2; requires “proof of humanity.”
Strategy Buys More BTC:
🔹Formerly MicroStrategy, it added 4,020 BTC worth $427.1M—now holds 580,250 BTC (~3% supply).
Crypto Inflows Surge:
🔹$3.3B inflows into crypto investment products last week; AUM hits $187.5B.