Note
Welcome to my first issue of the Boba Brief Newsletter. Super excited to write this with hopes to share as much as i know and come across in the Crypto, Macro & AI world.
🗓️ Upcoming Deadlines
MegaETH Season 1 Airdrop farming ends June 23rd
UPCOMING BOBA to keep and eye on
The Senate Banking Committee US approved the CLARITY Act with bipartisan support, 15-9 The bill now advances to the full U.S. Senate.
CRYPTO Brief
Zcash $ZEC surges +75% in a week, OGs calling it “private bitcoin”, massive transfers internally, current price $510
JPMorgan to launch its second tokenized money market fund JLTXX on Ethereum, calls BITCOIN the new debasement hedge over gold.
MoonPay has acquired a 2025 founded AI trading startup Dawn Labs and launched Dawn CLI, letting users build automated prediction market strategies using plain English prompts.
Western Union’s stablecoin $USDPT is now LIVE on Solana, fully regulated and issued by Anchorage Digital Bank; starting in Philippines and Bolivia and expanding to 40+ countries in 2026.
Stablecoin volumes could hit $719T by 2035 and up to $1.5 quadrillion with macro catalysts, per Chainalysis. It is doubled to over $320B in 2 years, check defillama.
Pavel Durov calls $TON as “one of the most decentralized blockchain networks on the planet” and $TON now ranks as the highest yielding staking asset among the top 50 cryptocurrencies by annual returns.
BAYC “BORED APE YATCH CLUB” has launched a p2p marketplace for BAYC apparel, collectibles, art and 1/1 from the club.
Kraken parent company Payward partners with FTI US to develop tokenized yield products, tokenized equities and onchain funds for institutional investors, Payward also cuts 150 staff streamlining business ahead of planned IPO as per coindesk
REAL WORLD Brief
The Crypto Clarity Act is about to blow up the economy - US Senator Elizabeth Warren
Google's Alphabet overtaking Nvidia as the world's largest company, with its stock up 43% since October while Nvidia has gained just 6.3%; with Google cloud exploding on AI tools and chips being sold directly to AI companies worldwide.
Wall Street firms are now posting crypto jobs.
Brent Crude Oil having the time of its life with price fluctuating between $98 to $120 past week amidst US-Iran conflict
Bitcoin miners are pivoting to AI potentially affecting bitcoin price
TOP COINS this week
FIRO, Venice Token, WOJAK, Pudgy Penguin, Billions Network, SUI, LAB, BITCOIN, ONDO, Zcash and more
BIG BOBA BRIEF OF THE WEEK
The crypto companies that survive the next two years will look nothing like the ones that exist today
On May 5, Coinbase CEO Brian Armstrong made a X post which said that he sent an email to all employees with the decision of cutting 14% of Coinbase; that’s about 700 people of the entire workforce FIRED via email.
CT (crypto twitter/X) covered it the way CT covers everything; price reaction first, outrage second, memes third hahah and thats the format always and by the next morning everyone has moved on to the next thing already
I stayed a little bit longer on what was buried inside Brian Armstrong's X post; which everyone took a screenshot of but probably only a few gave thought to it. there was a sentence that should have stopped every person in crypto in their tracks.
"We are not just reducing headcount and cutting costs. We're fundamentally changing how we operate: rebuilding Coinbase as an intelligence, with humans around the edge aligning it."
— Brian Armstrong, CEO, Coinbase. May 5, 2026.
“HUMANS AREOUND THE EDGE”
Not humans at the center, not humans running the show but humans around the edge. What could their roles be ? Supervising, aligning, steering something that increasingly runs itself may be ? That's not a layoff announcement, its a blueprint for what every crypto company is about to become.
700 Coinbase employees cut, May 5
127K+ Tech jobs cut in 2026 so far
1,003 Tech jobs lost every single day
Here's what nobody is connecting; that Coinbase isn't the only crypto company doing this.
Gemini : 200 cuts, February 2026, they said its AI efficiency
Block (Jack Dorsey) : 4,000 cuts, February 2026 thats 40% of the entire company, largest AI related layoff in tech history.
Crypto . com : 180 cuts, March 2026 said they are restructuring toward leaner operations.
Bolt : 250 cuts, April 2026 directly said that its AI transformation.
Coinbase : 700 cuts, May 5, 2026 and Armstrong calls it a "permanent reset."
PayPal : 4,760 cuts announced same day as Coinbase which is 20% of workforce over 2-3 years.
Armstrong said it himself: "Over the past year, I've watched engineers use AI to ship in days what used to take a team weeks. Non-technical teams are now shipping production code, and many of our workflows are being automated."
That's not a cost-cutting line but a rewiring of how a company functions.
So ask yourself, what will crypto companies look like in 2027 ?
BOBA BRIEF
