Author: Michael Johnson
Strategy diluted shareholders by $69.5M but bought $45.6M of BTC. These 183,501 extra shares accreted less than the proceeds to its treasury. Source link
DeFi platform Stream Finance has halted deposits and withdrawals in response to the loss of $93M of “Stream fund assets.” Source link
Tenerife’s Institute of Technology and Renewable Energies bought the BTC in 2012 for €10K and plans to invest the profits in new projects. Source link
Strategy founder Michael Saylor repeatedly promised a roll-out of STRC counterparts but instead he launched STRE. Source link
China has sentenced nearly 20 people, including members of prominent mafia families, to death over pig butchering scams in recent months. Source link
Four out of the six large language models in the Alpha Arena crypto trading competition finished in the red. Source link
Strategy has to pay $689M to not sell any of its BTC, and those costs have increased every quarter since 2021. Source link
It’s alleged that wallets benefiting from the launch of Heart’s HEX, Pulsechain, and/or PulseX are mixing over $500M dollars worth of ETH. Source link
The recent depeg of Stream Finance’s xUSD has led to concerns over the health of an interwoven ecosystem of similar high-yield vaults. Source link
Justin Sun-owned HTX and Poloniex have both used exchange wallets to withdraw hundreds of millions from AAVE. Source link