Crypto News: Kanye West Crashed a Memecoin, Wyoming Stablecoin & more
⚠️ Yeezy coin rocketed to a $3B cap in 40 minutes—then face-planted. The U.S. DOJ just made life easier for crypto devs. And Wyoming launched a Visa-ready stablecoin that lives on seven blockchains. Plus: SoFi taps Bitcoin Lightning, Scaramucci brings $300M on-chain, and Chamath spins up a $250M DeFi/AI vehicle. Big week for real adoption. 💡
🔥 In this episode:
• Kanye’s YZY memecoin hits $3B… then dives
• DOJ eases off prosecuting builders for writing code
• Wyoming’s FRNT stablecoin (Visa, Apple Pay, Google Pay) on 7 chains
• Pennsylvania bill to curb politicians’ crypto holdings
• SoFi plugs into Bitcoin Lightning + UMA for instant remittances
• SkyBridge to tokenize $300M on Avalanche
• Institutional BTC yield via Two Prime × Figment
• Chamath launches a $250M SPAC for DeFi/AI
• Blitz Round: Thailand’s tourist crypto sandbox, MetaMask adds Tron, whale rotates BTC→ETH, “alt season” search slump
• Final take: hype vs. durable adoption
⏱️ Timestamps:
0:00 - Intro
0:25 - YZY Memecoin to $3B (then drop)
1:20 - DOJ Backs Off Dev Prosecutions
1:58 - Wyoming’s FRNT Stablecoin (7 Chains + Visa)
2:38 - PA Crypto Ethics Bill
3:10 - SoFi + Bitcoin Lightning & UMA
3:42 - BeAWhale Promo
4:10 - SkyBridge $300M on Avalanche
4:59 - Institutional BTC Yield (Two Prime × Figment)
5:30 - Chamath’s $250M DeFi/AI SPAC
6:13 - Blitz Round
6:56 - Market Sentiment & Outro
💡 Building something in Web3?
From token launches to full-stack dev, BeAWhale builds it all → https://beawhale.io