💎 SharpLink piles up

What we’ll cover today:

🔒 WLFI launch plagued by phishing attacks

💎 SharpLink piles up $3.6B in Ethereum

📈 Coinbase launches futures mixing tech stocks + crypto

Scammers Crash Trump’s WLFI Party 🎭

Trump’s new crypto WLFI launched with huge hype, but scammers and phishing gangs quickly showed up to ruin the celebration.

🚨Breaking News:
Attackers used Ethereum’s new EIP-7702 “delegate” trick, turning wallets into booby traps and draining WLFI holders’ tokens automatically.

⚡Wire Simplified:

• WLFI token linked to Trump launched Sept. 1 with wild trading volumes.

• Scammers exploited Ethereum’s latest wallet upgrade, EIP-7702.

• Once victims signed a bad transaction, tokens vanished like free snacks at a wedding.

• Fake WLFI tokens also floated around, costing one poor guy $4,876.

• Phishing is now faster, scarier, and more automated.

✔️Straight to the Point:
WLFI’s hype turned into scammer paradise. Cool new Ethereum tech + old phishing tricks = a nightmare cocktail for careless investors.

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SharpLink Goes ETH Shopping Spree 🛒

SharpLink, a Nasdaq-listed company, keeps buying Ethereum like it’s candy, now holding $3.6B worth of ETH in its vault.

🚨Breaking News:
SharpLink added 39,008 ETH last week, becoming the world’s second-biggest corporate Ethereum holder, right behind crypto giant BitMine.

⚡Wire Simplified:

• SharpLink’s total stash: 837,230 ETH (that’s $3.6B!).

• Stock ticker SBET now acts like an Ethereum investment proxy.

• Their ETH Concentration ratio jumped 97% since June.

• They’ve earned $10M in staking rewards already.

• Cash left? $71M more to buy even more ETH.

✔️Straight to the Point:
SharpLink is betting its future on Ethereum. Investors see SBET less as a stock, more like a shiny ETH wrapper.

Coinbase Wants to Be Wall Street + Crypto 🏦

Coinbase is launching a futures product mixing tech stocks, crypto ETFs, and its own shares into one spicy investment burrito.

🚨Breaking News:
On Sept. 22, Coinbase launches “Mag7 + Crypto Equity Index Futures,” combining Apple, Tesla, Bitcoin ETFs, and Coinbase stock.

⚡Wire Simplified:

• Each asset in the index gets equal 10% weight.

• Includes Apple, Microsoft, Amazon, Nvidia, Tesla, Meta, Alphabet.

• Also has Coinbase shares + Bitcoin and Ethereum ETFs.

• Starts with institutions, retail access comes later.

• CEO Brian Armstrong calls this step toward the “everything app.”

✔️Straight to the Point:
Coinbase is blending tech giants with crypto in one futures contract. It’s bold, weird, and could change investing forever.