Chucky Lee (WOT:coblee)), best known as the chief forking officer of Litecoin, has quit his position at Coinbase to focus on altcorn development. During his tenure at Coinbase, customers complained of frequent outages and degraded performance, events which often conveniently coincided with swings in US dollar price against the Bitcoin standard. Coinbase is alleged to value itself at an incredible Billion fiat dollars, and claims to have coerced 7.7 million customers into using the platform. The news of Lee's resignation comes on the heels of Coinbase/GDAX seeking $100 million US dollars in venture capital funding for further development, which users ought to hope¹ will be used to make the site run for more than a week without crashing.

1. likely in vain  ↩

As previously mentioned in a Shitcoin Roundup Xtend(TM)(R), 21co has positioned itself to become the latest spam as a service by announcing the release of it's "Bitcoin Email" to the general public. 21co assures the public that "Famous people" that no one has ever heard of and aren't in the Web of Trust are currently using the product, which allows users to send such gems as surveys, tasks, and other items which normally hit your Spam folder to be sent to "curated lists of individuals and professionals". Participants are rewarded with Bitcoin shavings, or "micropayments" which is redditard jargon for individuals that don't have much actual Bitcoin. The shift in focus comes after the company failed to convince enough gullible people to shell out $400+ on their "mining hardware" that could never hope to offer a return on investment, instead now hoping to "disrupt social media networks through micropayments" which will likely be true as users will be required to click delete on 21co's proffering before resuming their visual journey through myriad cat pictures. (archived)