Nakamoto originally promised a 10x EBITDA multiple when it would acquire David Bailey’s private business, BTC Inc. Source link
Coinbase
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The Tesla Diner has lost its head chef, Eric Greenspan, while Elon Musk still imagines launching even more. Source link
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Coinbase
Chinese influencer, “Sister Orange,” arrested for pig butchering
by Warren Payneby Warren PayneA Chinese internet influencer who went by “Sister Orange” has been arrested and charged with human trafficking and fraud. Source link
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Coinbase
Coinbase seemingly vanishes prediction market pages after leak
by Warren Payneby Warren PayneJane Manchun Wong added Coinbase to their list of tech firm leaks after exposing features from the likes of Tinder, Instagram, and Facebook. Source link
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Coinbase
Is Aave’s ‘Balance Protection’ backed by Relm — an FTX insurer?
by Warren Payneby Warren PayneThe DeFi community has voiced concerns around who and what is covered by Aave’s million-dollar “Balance Protection” for app users. Source link
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Coinbase
Is XRP overvalued? Critics flag $149 in daily network revenue
by Warren Payneby Warren PayneDespite $127B in market cap, XRP burned as fees to transact on the blockchain rarely exceed a couple of thousand dollars a day. Source link
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Coinbase
From sweet to sour: Core slaps Maple with injunction over ‘syrupBTC’
by Warren Payneby Warren PayneCore and Maple Finance are locked in a dispute over competing BTC yield products, with an injunction secured against the launch of syrupBTC. Source link
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The Swiss National Bank is reportedly increasing its “indirect” exposure to BTC through BTC-related stocks. Source link
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The central bank of Norway has paid the price for investing in Michael Saylor’s BTC treasury company, Strategy. Source link
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Coinbase
Jim Chanos missed out on extra 85% annualized from MSTR short
by Warren Payneby Warren PayneJim Chanos profited by shorting the premium of MSTR to its BTC, but he missed out on the final, exceptionally profitable leg of that trade. Source link
