Former FTX member Leopold Aschenbrenner’s $20B AI fund blows up
The AI hedge fund of ex-FTX Future Fund worker Leopold Aschenbrenner is asking investors for more capital to meet margin calls.
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US sanctions firms behind Iran’s Strait of Hormuz BTC insurance scheme
Iran’s BTC insurance scheme would reportedly generate over $10B in revenue for the country and help it maintain control over the Strait.
Strategy has lost two-thirds of its mNAV in two years
Strategy’s basic mNAV stood at 2.04x two years ago. On Wednesday it read 0.68x, a decline of exactly two-thirds.
Credit default swaps forecast AI bankruptcies
CDS spreads are deteriorating across mega-cap AI stocks including Alphabet, Amazon, Meta, and SpaceX, which all hit record spreads this week.
Iranian hackers suspected of attacking 30 Minnesota water companies
The Iranian CyberAv3ngers hacker collective is the main suspect in a series of attacks that hit 30 water firms across Minnesota this week.
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Credit default swaps forecast AI bankruptcies—by Protos Staff
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Zcash 10X’d in a year but DCG’s Zcash miner kept losing money—by Protos Staff
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Search engines fix Claude leak but Perplexity users’ files still online—by Protos Staff
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Inside the mystery of BitMEX’s insurance fund—by Protos Staff
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European Union sanctions Justin Sun’s HTX—by Protos Staff
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Intel posts record $16B growth, workers rewarded with job cuts—by Protos Staff
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TRM claims HTX is rotating wallets to ‘stay ahead of screening’—by Protos Staff
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Jack Mallers leaves Twenty One after overseeing 91% decline—by Protos Staff
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Michael Saylor has sold $14 billion MSTR under 2.5x mNAV—by Protos Staff
