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DeFiWarhol

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Active for: 2.8y
Peak Tier 0
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This is crazy.
Mastercard's crypto card volume has fallen by 50% so far in 2026.
It's fair to say Visa has officially won the neobank battle.
MA0.82%
V1.11%
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Robinhood trenches lately
HOOD-3.36%
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I never made peace with how easily crypto projects can leave token holders behind.
By the time MVMT Labs filed Chapter 11 on July 15, most of the operating business had already moved elsewhere.
Here’s how it unfolded:
→ MVMT sent its remaining IP and contracts to the Foundation
→ Its team moved to Move Industries in a $1.2M deal
→ MVMT gave up its MOVE distribution rights and agreed to wind down
→ It filed for bankruptcy with ~$60K and no operating business
→ Move Industries is now listed as an MVMT creditor
→ A Foundation subsidiary offered up to $5.7M to fund the case
The ~39.5K wallets stil
MOVE-8.12%
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Robinhood just launched the most useless $695 card.
Let's compare its main features to the EtherFi card:
1/ Custody
Robinhood: Custodial
EtherFi: Non-custodial
2/ Annual fee
Robinhood: $695/year
EtherFi: 0$/year
3/ Cashback
Robinhood: 1% (all purchases)
EtherFi: 3% (all purchases)
4/ Fees
Robinhood: 0% FX fees
EtherFi: 0% FX fees
5/ Perks
Robinhood: 5% back on flights & 10% on hotels + rentals
EtherFi: Up to 65% off + 5% cashback for hotels
Robinhood: Priority Pass lounges, concierge, Global Entry/TSA PreCheck credit
EtherFi: Airport Companion lounge access, Concierge, Rental insurance, Purcha
HOOD-3.36%
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Tokenomics in 2020 vs 2026.
In case you're wondering why all your alts are going to zero.
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