{"id":72651,"date":"2026-05-17T17:02:41","date_gmt":"2026-05-17T17:02:41","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/infinite-money-glitches-multicoins-aave-dump-and-more\/"},"modified":"2026-05-17T17:02:41","modified_gmt":"2026-05-17T17:02:41","slug":"infinite-money-glitches-multicoins-aave-dump-and-more","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/infinite-money-glitches-multicoins-aave-dump-and-more\/","title":{"rendered":"Infinite Money Glitches, Multicoin&#8217;s AAVE Dump, and More"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Coinbase boosted HYPE 17% to $46.93 as Hyperliquid handed it USDH treasury rights.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Michael Saylor\u2019s Strategy saw STRC hit $1.53B volume, spotlighting BTC funding risk and demand.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Kevin Warsh won Fed on May 14 as CLARITY advanced 15-9, keeping crypto rules in focus.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>WEEK IN REVIEW<\/h2>\n<p><b>Multicoin\u2019s <span>DeFi<\/span> Disaster: Firm Spotted Dumping AAVE After Brutal 55% Drawdown<\/b><\/p>\n<p><span style=\"font-weight:400\">Onchain data shows Multicoin Capital is now more than $40 million underwater on a large AAVE position built through Galaxy Digital\u2019s\u2026 <\/span><a href=\"https:\/\/news.bitcoin.com\/multicoin-capital-aave-loss-galaxy-digital-2026\/\"><span style=\"font-weight:400\">read more<\/span><\/a><\/p>\n<p><\/p>\n<p><b>Editor\u2019s comment:<\/b><\/p>\n<p><span style=\"font-weight:400\">To be fair, 55% is somewhat mild in <span>crypto<\/span>, and the sunk cost fallacy can be deadly. If the <span>bear market<\/span> deepens, <span>BTC<\/span> dips, and <span>altcoins<\/span> get even more wrecked, Multicoin might end up looking fairly smart right now. Also, AAVE is a forsaken governance token. <\/span><\/p>\n<p><b>HYPE Jumps 17% After Hyperliquid Grants Coinbase Rights to USDH Assets<\/b><\/p>\n<p><span style=\"font-weight:400\">HYPE reached a yearly high of $46.93, soaring 17% in 24 hours following news that Coinbase will <span>stake<\/span> HYPE to activate AQAv2\u2026 <\/span><a href=\"https:\/\/news.bitcoin.com\/hype-jumps-17-after-hyperliquid-grants-coinbase-rights-to-usdh-assets\/\"><span style=\"font-weight:400\">read more<\/span><\/a><\/p>\n<p><img decoding=\"async\" title=\"Infinite Money Glitches, Multicoin's AAVE Dump, and More \u2013 Week In Review\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2025%2F01%2F2hhhhhhhhh675.png&amp;w=1920&amp;q=75\" alt=\"Infinite Money Glitches, Multicoin's AAVE Dump, and More \u2013 Week In Review\"\/><\/p>\n<p><b>Editor\u2019s comment:<\/b><\/p>\n<p><span style=\"font-weight:400\">This seems like a massive win for Hyperliquid but only a slightly exciting PR move for Coinbase. Ryan Watkins said that given <span>stablecoin<\/span> yield is the largest revenue source in the industry next to trading fees, Hyperliquid is \u201cnow the first <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-blockchain\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">blockchain<\/a> to internalize both,\u201d which is a \u201cfundamental transformation of Hyperliquid as a business.\u201d<\/span><\/p>\n<p><b>Kevin Warsh Confirmed as Fed Chair as Lawmakers Split on Independence<\/b><\/p>\n<p><span style=\"font-weight:400\">Kevin Warsh\u2019s confirmation as Federal Reserve chairman drew split reactions from lawmakers over <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-inflation\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">inflation<\/a>, affordability, and central bank independence\u2026 <\/span><a href=\"https:\/\/news.bitcoin.com\/kevin-warsh-confirmed-as-fed-chair-as-lawmakers-split-on-independence\/\"><span style=\"font-weight:400\">read more<\/span><\/a><\/p>\n<p><img decoding=\"async\" title=\"Infinite Money Glitches, Multicoin's AAVE Dump, and More \u2013 Week In Review\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fkevin-warsh-confirmed-as-fed-chair.jpg&amp;w=1920&amp;q=75\" alt=\"Infinite Money Glitches, Multicoin's AAVE Dump, and More \u2013 Week In Review\"\/><\/p>\n<p><b>Editor\u2019s comment:<\/b><\/p>\n<p><span style=\"font-weight:400\">Tom Lee predicted that the S&amp;P 500 would reach 7,300, and turned out to be right. The second half of the prediction was that markets would experience a drawdown, potentially driven by the entrance of a new Fed Chair, as has happened in the past. We will see if Lee\u2019s right and if the Fed\u2019s dot plot is still taken seriously through Warsh\u2019s tenure. <\/span><\/p>\n<p><b>Saylor\u2019s Infinite Money Glitch? STRC Preferred Stock Smashes $1.53B <span>Volume<\/span> Record<\/b><\/p>\n<p><span style=\"font-weight:400\">Michael Saylor\u2019s Strategy reported an all-time high <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">trading volume<\/a> of $1.53 billion for its STRC preferred stock\u2026 <\/span><a href=\"https:\/\/news.bitcoin.com\/strategy-strc-record-volume-bitcoin-saylor-2026\/\"><span style=\"font-weight:400\">read more<\/span><\/a><\/p>\n<p><img decoding=\"async\" title=\"Infinite Money Glitches, Multicoin's AAVE Dump, and More \u2013 Week In Review\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fsaylors-infinite-money-glitch.jpg&amp;w=1920&amp;q=75\" alt=\"Infinite Money Glitches, Multicoin's AAVE Dump, and More \u2013 Week In Review\"\/><\/p>\n<p><b>Editor\u2019s comment:<\/b><\/p>\n<p><span style=\"font-weight:400\">Infinite money glitches usually pop up during times of euphoria and irrational exuberance, and this is not one of those times. It will be fascinating to see how the mechanics of STRC hold up during a steep downturn, and if we get a breakout, just how high MSTR will go. It\u2019s hard to tell if Saylor\u2019s empire is a house of cards or a freight train that has reached escape velocity. <\/span><\/p>\n<p><b>Warren Says the CLARITY Act Will \u2018Blow Up the Economy\u2019 as Senate Panel Votes 15-9 to Advance Bill<\/b><\/p>\n<p><span style=\"font-weight:400\">Senator Elizabeth Warren launched a sweeping attack on the U.S. digital asset market structure bill during a Senate Banking Committee hearing on May 14.\u2026 <\/span><a href=\"https:\/\/news.bitcoin.com\/clarity-act-senate-vote-warren-crypto-regulation-2026\/\"><span style=\"font-weight:400\">read more<\/span><\/a><\/p>\n<p><img decoding=\"async\" title=\"Infinite Money Glitches, Multicoin's AAVE Dump, and More \u2013 Week In Review\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fwarren-says-the-clarity-act-will-blow-up-the-economy-as-senate-panel-votes-15-9-to-advance-bill.jpg&amp;w=1920&amp;q=75\" alt=\"Infinite Money Glitches, Multicoin's AAVE Dump, and More \u2013 Week In Review\"\/><\/p>\n<p><b>Editor\u2019s comment:<\/b><\/p>\n<p><span style=\"font-weight:400\">Luckily, based on the statistics discussed in this issue of the newsletter, the economy is already blown up and won\u2019t get much worse for the average person just because digital assets are regulated. It was a valiant effort from Warren, but ultimately, CLARITY will see the Senate, likely in June.<\/span><\/p>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/infinite-money-glitches-multicoins-aave-dump-and-more-week-in-review\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Coinbase boosted HYPE 17% to $46.93 as Hyperliquid handed it USDH treasury rights. Michael Saylor\u2019s Strategy saw STRC hit $1.53B volume, spotlighting BTC funding risk and demand. Kevin Warsh won Fed on May 14 as CLARITY advanced 15-9, keeping crypto rules in focus. WEEK IN REVIEW [&hellip;]<\/p>\n","protected":false},"author":3947362401,"featured_media":72652,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72651"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362401"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72651"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72651\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72652"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}