Today in crypto, a trader made an impressive return by profiting nearly $988,000 in just three hours, despite trading a fraudulent memecoin called Gen Z Quant (QUANT). The trader initially invested 2 Solana (SOL) tokens, valued at around $462, and executed a series of transactions, achieving a staggering 2,141-fold return. This incident underscores the volatility and risks associated with memecoins. Meanwhile, Michael Saylor, MicroStrategy's Chairman, is set to pitch Microsoft on the benefits of investing in Bitcoin during a brief presentation to the board of directors. Saylor expressed his desire for a private meeting with Microsoft CEO Satya Nadella, which was declined. In another development, Coinbase announced it will be delisting Wrapped Bitcoin (wBTC) effective December 19, 2024, after identifying compliance issues with its listing standards. While trading has been halted, Coinbase reassured users that their funds remain safe and withdrawals will still be possible.

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