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
Warren Payne
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Coinbase
Stream Finance halts withdrawals after $93M loss, xUSD depegs 75%
by Warren Payneby Warren PayneDeFi platform Stream Finance has halted deposits and withdrawals in response to the loss of $93M of “Stream fund assets.” Source link
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Coinbase
Tenerife to make 100,000% profit on BTC bought for research
by Warren Payneby Warren PayneTenerife’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
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Coinbase
STRE is nothing like what Michael Saylor promised on Thursday
by Warren Payneby Warren PayneStrategy founder Michael Saylor repeatedly promised a roll-out of STRC counterparts but instead he launched STRE. Source link
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China has sentenced nearly 20 people, including members of prominent mafia families, to death over pig butchering scams in recent months. Source link
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Four out of the six large language models in the Alpha Arena crypto trading competition finished in the red. Source link
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Strategy has to pay $689M to not sell any of its BTC, and those costs have increased every quarter since 2021. Source link
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Coinbase
Richard Heart allegedly funnels $500M in ETH through Tornado Cash
by Warren Payneby Warren PayneIt’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
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Coinbase
Stream Finance meltdown: winners and losers in DeFi ‘risk curator’ reckoning •
by Warren Payneby Warren PayneThe 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
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Coinbase
Justin Sun’s Poloniex and HTX withdraw huge amounts from AAVE
by Warren Payneby Warren PayneJustin Sun-owned HTX and Poloniex have both used exchange wallets to withdraw hundreds of millions from AAVE. Source link
