July 24, 2026

Newsletter #406 - 100x Off Into The Sunset

Hey Shitcoiners,

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Companies winding down, diamond hands, the rise of new chains and memes. As always, the Shitcoin.com newsletter delivers. We kick off with some big news this week: BitMEX is shutting down.

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It was quite a run. Arthur, thank you for the 100x memories!

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What a time to be alive.

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The rumours of exchanges hunting your stops will never end. You have to blame those bad trades on someone, right?

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Intrigued how it all began? Here’s the origin story.

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We also learned this week that Twenty One Capital is going through some change. Their CEO, Jack Mallers, is stepping down. He was once the poster boy of Bitcoin. Is this a sign we have reached the bottom?

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Ooft.

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Nature is healing.

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What about Saylor? Will he continue selling so we can prosper?

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One guy who isn’t selling is the richest man on earth. Elon hands, pure diamonds.

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Elon was not put off by the recent BIP-110 controversy. Phew.

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Unfortunately, threats are everywhere. We must protect the nerds at all costs.

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In case you didn’t want to dig into the thread, here’s the woman in question.

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To memecoins next. Will Ansem’s bags bounce back? Some would say it feels cheap.

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The mass exodus from ANSEM led many to Robinhood Chain. Unfortunately for them, the same antics are chain agnostic.

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To hiring news next. MetaMask uncovered a DPRK-linked hacker working on the project. Turns out, he’s not new around here.

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This is a good look for the MetaMask HR department.

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The North Koreans have now taken to trolling institutional accounts. They are putting their dust to work.

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In Bali one CT member was allegedly robbed of 189 SOL while at a beach club…

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Is there more to the story than we initially thought?

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If you have been paying attention, you too may have caught wind that the timeline is alive again. Maybe, just maybe, we are back.

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Ansem better hope so, because he’s not going anywhere anytime soon.

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See you next week.

Team Shitcoin.com