Justin Sun has taken to X to defend HTX’s reserves, however, a close review reveals HTX is lending 92% of its USDT on Aave. Source link
Coinbase
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During the first month of Coinbase’s Base on mainnet, FriendTech was its most popular app. Today, its fees are down from $1M per day to $60. Source link
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Hayden Davis finally has access to $58M worth of USDC, two weeks after a US judge dissolved a temporary restraining order. Source link
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David Bailey was supposed to lead bitcoin treasury companies to new heights. Instead, his NAKA stock has crashed 90% in less than four months. Source link
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Coinbase
Justin Sun clashes with World Liberty Financial over frozen WLFI
by Warren Payneby Warren PayneWorld Liberty Financial has blacklisted an address associated with Justin Sun after he moved WLFI tokens to exchanges. Source link
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The lawsuit accused Bitmain of “fabricating” contract breaches in order to end a contract immediately with data center hosting partner. Source link
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Coinbase
Gauntlet’s $2.3M contract renewal with Compound faces backlash
by Warren Payneby Warren PayneThe renewal of Gauntlet’s $2.3M contract with crypto lending platform Compound Finance has been met with fierce pushback. Source link
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Nadsaq may tighten transparency rules to ensure that shareholders are aware of dilutive stock offerings to buy volatile crypto assets. Source link
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Coinbase
DeFi default: Kinto shutdown prompts first haircut for Wildcat lenders
by Warren Payneby Warren PayneA $750K bridge loan wasn’t enough to save Kinto following a hack in July. Wildcat lenders will recover 76% of their deposit. Source link
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Strategy was selling hundreds of millions of dollars worth of MSTR ahead of the company’s disappointing S&P 500 Index news. Source link
