Former Coinbase CTO Balaji Srinivasan criticized memecoins, calling them a “zero-sum lottery” that creates no wealth. Users Told to Invest Only What They Can Afford to Lose Former Coinbase chief technology officer Balaji Srinivasan has criticized memecoins, calling them a “zero-sum lottery.” He argues that these coins create no wealth, and buyers often lose everything […]
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MicroStrategy Q2 2026: Bitcoin Accumulation Accelerates Despite Accounting Loss
Strategy, the company formerly known as MicroStrategy, reported a net loss for Q2 2026. The central tension here is this:...
