Browsing: Coinbase

Iran gathered at least half a billion dollars worth of USDT last year to help bypass sanctions and boost its own currency. Source link

The manager mistakenly claimed that Strategy’s BTC collateralizes shares of its stock, even though it doesn’t. Source link

The root cause behind the hack remains unclear. Around $6M in ETH and $850K of YieldFi assets sit in the hacker’s ETH address. Source link

Celsius has filed a lawsuit against Archblock, alleging that it’s failed to redeem millions of dollars worth of stablecoins. Source link

Head of Product Nikita Bier added, and swiftly removed, a controversial crypto influencer from the platform’s new starter pack feature. Source link

Crypto sleuth Tanuki42 claims the middle man selling USDT to Iran is also receiving USDT from DPRK wallets laundering Bybit funds. Source link

Strategy preferreds were supposed to fix the problems with bonds, such as principal repayment, but instead they brought a raft of new issues. Source link

Farcaster founder Dan Romero said the firm “isn’t shutting down” and that Merkle Manufactory will return $180M to investors. Source link

French crypto tax firm Waltio is being extorted by hacking group ShinyHunters, which is threatening to leak the data of almost 50K users. Source link

René Pickhardt has published new research into why most of the two-party Bitcoin Lightning payment channels fail to sustain liquidity. Source link