—by Protos Staff
Strategy’s bitcoin bet back in profit after $11B drawdown
It took years of leverage and over $11B in unrealized losses for Michael Saylor’s Strategy to flip green on its BTC bet today.
It took years of leverage and over $11B in unrealized losses for Michael Saylor’s Strategy to flip green on its BTC bet today.
Tether-related companies Northern Data and Rumble are set to begin their merger, with Rumble offering equity for shares of Northern Data.
Kyrgyzstan-registered crypto exchange Grinex has suspended operations. It had previously been linked to sanctions evasion of up to $6B.
Solana’s “100% uptime” claim is true at the cluster level, but anyone in the Harmonic Major validator went delinquent 32 times in 30 days.
Tether has pledged up to $127.5M to help Drift “support user recovery and relaunch the Drift platform” after a $285M hack.