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ROLLUP: Memecoin Mania | Tornado Cash Win! | Pro-Crypto Trump Cabinet | Justin Sun & WLFI
Description
Memecoin mania spiraled out of control this week, with shocking livestream rug pulls and Pump.fun disabling its livestream feature due to disturbing behavior. Meanwhile, Base and Farcaster hit record TPS and inflows as memecoin trading heats up.
In Washington, Trump nominated pro-crypto Scott Bessent as Treasury Secretary. What does this mean for crypto policy? Plus, a surprising investor joins Trump’s World Liberty Financial raise—we’ll reveal who.
And a major court victory for crypto privacy: judges ruled OFAC overstepped in the Tornado Cash case, declaring immutable smart contracts unsanctionable. Does this mean Tornado Cash is back?
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------ TIMESTAMPS & RESOURCES
0:00 Intro
7:12 Markets https://x.com/DegenerateNews/status/1859978611606102494 https://x.com/JacobKinge/status/1859979524487909769 https://x.com/saylor/status/1861033309934862601 https://www.theblock.co/post/328025/microstrategy-4-per-cent-of-bitcoin-bernstein-price-target-600-usd https://x.com/Galois_Capital/status/1861299857975046261 https://farside.co.uk/?p=1518 https://imgur.com/pUSaAQ2 https://l2beat.com/scaling/tvl https://x.com/HHorsley/status/1860397442547790105
26:00 Pump.fun suspends livestream feature https://www.bloomberg.com/news/newsletters/2024-11-26/pump-fun-s-streams-show-the-dark-side-of-memecoin-trading https://x.com/crypto_bitlord7/status/1860989408092258441 https://x.com/_kaitoai/status/1860969504798302691 https://x.com/pumpdotfun/status/1861138234580869128 https://x.com/ChainLinkGod/status/1861091091585409400 https://x.com/moo9000/status/1860980423716659462
34:15 Base And Farcaster AI Agent meta heating up https://x.com/phantom/status/186