Bitcoin24h $106,006.09-1.08%

Ethereum24h $2,422.62-2.50%

XRP24h $2.18-2.38%

BNB24h $648.84-1.26%

Solana24h $148.62-3.18%

TRON24h $0.2807+0.43%

Dogecoin24h $0.1588-3.38%

Cardano24h $0.5459-3.73%

Hyperliquid24h $37.26-5.13%

Bitcoin Cash24h $501.35-4.08%

Zora abandons NFTs without warning, launches airdrop with zero rights

Coinbase-supported Instagram copycat Zora announced an airdrop with zero governance rights after its controversial pivot from NFTs.

What’s the deal with Zora, Base, and content coins?

Coinbase is adamant that Base didn’t launch a token or memecoin, while according to its creator, BASEISFOREVERYONE is a “content coin.”

After a brief rally on its surprise announcement, the newly minted BASEISFOREVERYONE memecoin crashed 88% within two minutes.

A screenshot of Coinbase’s email to The Block co-founder reveals an employee may have broken company policy by accessing his account data.