j0kiz

degen sleuth

[The Smart Ape 🔥 @the_smart_ape]

$cashcat was deployed on june 18. robinhood chain didn't go public until july 1.

the deployer launched 7 tokens that week, all robinhood puns. cashcat is the only one he backed with an initial buy, and the only one he gave a social link.

754 wallets bought during those 13 days. when the chain opened, they held 93.2% of the supply. today: 6.7%.

they sold the entry.

every details below 👇

[VonMises @VonMises14]

Wow! Turns out @brian_armstrong was the buyer. Very pleased to see one of the biggest names in crypto embracing punks. Great job Brian, I almost bought him myself.

[The Smart Ape 🔥 @the_smart_ape]

> be @Noxa_Fi
> spend 17 months deploying on every new chain before mainnet
> total earnings: $4.5k. nobody knows you exist
> get onto robinhood chain 6 weeks early via a leaked rpc
> launch 641 tokens before the chain officially launches
> mainnet opens. you print $12m in fees in 2 weeks
> flip @Pumpfun in daily fees five days straight
> then your anon registrar deactivates your account
> you never legally owned your domain. it's gone, your site dies.
> ct screams rug

what you actually do that same week:
> set fees to 100% for creators before announcing it
> convert your profits to bitcoin and gold
> renew your ens name until the year 2126
> leave $2.4m in the treasury. untouched. still there

[j0kiz @j0kiz]

@the_smart_ape @Noxa_Fi wow dude, this is comprehensive, great work!

[jesse.base.eth @jessepollak]

request for builders: come rebuild global finance on @base

[Watcher.Guru @WatcherGuru]

JUST IN: SpaceX $SPCX closes below its IPO price for the first time since it went public.

[Maran @TheMaran]

things I want you to know about cascade:

1. cascade vault has been drained by ~ 95%

2. over $1,300,000 withdrawn from the vault

3. funds where bridged to solana via relay bridge

4. then the funds were bridged & swapped to dai on eth

5. all funds were user funds now no one can withdraw from the vault

6. bad actors usually use dai because it can't be frozen like usdc & usdt

7. their dc server is closed, you can't post any messages

8. looks like cascade is finished before it even starts do you think they can make a comeback?

[jesse.base.eth @jessepollak]

lots of conversations about base over the last week. wanted to share my candid take after a week of listening and a lot of reflection over the last 6 months.

first off - in case it’s not obvious, the first quarter of 2026 was a punch in the face. I spent 2024 and 2025 making a two pronged bet to bring base to the world: (1) builders would unlock the next wave of crypto adoption; (2) adoption would be driven by new onchain-native social experiences - creators, content, messaging. imo we made the right bet on builders, but obviously the wrong bet on social. builders did drive the next wave of crypto adoption - prediction markets, perpetuals, stablecoins - but social was not at the center of it. in fact, the entire social side of the market that many of us had been building towards - farcaster, zora, miniapps, and yes, creator coins - disintegrated completely. I was wrong - whether it was timing wrong (is $ansem a creator coin?) or fully wrong, only time will tell, but regardless, i was definitively wrong.

the collateral damage was pretty bad! and this year has been an exercise in eating shit. we realized how our focus on social had meant that base had fallen behind in key areas that were now increasingly critical - we had perps (shoutout avantis!) and prediction markets (shoutout limitless!), but both were well behind scaled competitors. and we had a lot of room to improve in unlocking base as a platform for tokenization and payments that really worked for enterprises. people lost confidence, and CT spectators reminded me weekly of all of my mistakes as often as they could. it felt bad man, still feels bad.

but if there’s one thing i’ve learned from the last decade of building in this space, it’s that when things feel the worst, the best thing to do is just put your head down and build. so that’s what i’m doing. I refocused my time and attention back to the chain away from the app, started writing code again, shipped a bunch of stuff (azul, beryl, b20, privacy, ledgers) and questioned a bunch of my assumptions: does crypto need social to grow? does base need an app? can base be bigger than coinbase?

I thought for a long time that social was the only thing that could drive the sort of viral growth to get crypto to a billion people. unsurprisingly, I now believe that’s wrong. It���s clear that better money is more than enough - we are seeing this live with stablecoins, predictions, perpetuals, tokenization and i only expect it to accelerate. I am now focused on bringing a billion people onchain just by making global finance actually work.

on the app, my focus is on building base into the blockchain for global finance. to that end, i’ve handed the base app back to the coinbase mothership, where my now good friend @cobie will be taking it from here to make it the best damn app for onchain you’ve ever seen, including expanding beyond the base ecosystem in ways that tbh i won’t love as the leader of base.

it’s incredibly hard to grow a decentralized network inside of a big public corporation. and i feel like much of the discourse on CT over the last week is downstream of this. the following things can be true: (1) base (and i) love memes and (2) brian probably won’t ever bullpost memes on the tl (this activity is illegal once you’re over 40 years of age). it’s weird and we’re working through it as we continue to decentralize base, which has been our commitment from the beginning.

we’re going to build base into the blockchain for global finance and do everything we can to be the place that the world’s money settles over the next century. we will surely have formidable competitors (welcome robinhood and stripe!) and people may abandon our cause, but we welcome the competition and believe it’s our duty to win the respect and commitment of those who rally to our banner. 

in 2026, this concretely means three things: winning trading, payments, and agents.

[continued in the reply]

[Lookonchain @lookonchain]

Another trader just cashed out $2.85M on $CASHCAT — a 952× return! 🤯

He spent 1.6 $ETH($3K) to buy 16.3M $CASHCAT, then sold all 16.3M $CASHCAT for 1,527 $ETH($2.855M), locking in a profit of $2.85M.

Wallet:
0xae0F6a971FB3E7cc671AeF6e168c5c9788F72b92

[GMGN_App @gmgnapp001]

https://t.co/7jsWJxSULd

[j0kiz @j0kiz]

@Jaseke_ @Uniswap @RobinhoodApp not a drain, classic honeypot

[j0kiz @j0kiz]

@abrayadh this was very common back in the days in eth. question is do we have scanners for these already for hoodchain?

[j0kiz @j0kiz]

@bobbyong it's just extraction opportunities

[Lookonchain @lookonchain]

Turning $838 into $1.05M — a 1,253x return. Absolutely insane!

Trader 0xDE4C spent just $838 to buy 15.04M $CASHCAT 20 days ago and held until today.

After $CASHCAT skyrocketed, he sold 13.5M $CASHCAT for $917.6K and still holds 1.5M $CASHCAT ($133.7K), bringing his total profit to $1.05M.

https://t.co/4HRo6vP9zW

[j0kiz @j0kiz]

Dog in hood is my bet, what a perfect meme for the chain $DIH

[Investkingyru.ton @kingyru]

Today’s news on TON has been pure chaos.

Another major off-chain Telegram Gifts marketplace MRKT was hacked, with around $600k+ reportedly stolen. The team is asking everyone to return the stolen assets, but that’s unlikely to happen. The stolen Plush Pepes were already resold on other marketplaces within just 40 minutes.

At the same time, TAC crashed 90% in just two hours. The official explanation is that it wasn’t a hack and someone simply market-sold into the order book. I find that hard to believe. It’s difficult to imagine a single holder having enough tokens to wipe out nearly all of the market’s liquidity like that.

TON looked more like a pigsty than a blockchain today.

[Michael Saylor @saylor]

Strategy has sold 3,588 $BTC for $216 million to fund dividends on our Digital Credit securities. As of 7/5/2026, we hodl ₿843,775 in our BTC Reserves and $2.55 billion in our USD Reserves. https://t.co/Cssgz29Psj

[j0kiz @j0kiz]

great move!

[ZachXBT @zachxbt]

@wei_crypto8888 @ismaritagorguis Sorry I do not support or promote meme coins.

I have just donated $25K (entire amount I sold) to @GiveDirectly via @TheGivingBlock to support charity efforts for the recent Venezuela earthquakes.

0x687556d7011b0750f3daf9e3a9f800d04ba233c84362faf8c3851b40cd0f71ae

[Jason @Jasoncoderx]

Stop saying 'Sorry for the late reply' in emails.

It doesn't make you polite. It makes you look disorganized.

Here are 6 phrases that skip the apology and get straight to work: