Exclusive: Tether whale Heka thinks MicroStrategy is expensive
Heka Funds is one of the largest USDT arbitrage funds. We asked its manager to comment on Tether as well as MicroStrategy and BTC.
Bitcoin24h
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Polymarket faces backlash over ‘sick’ California wildfire markets
Users online have called the wildfire prediction markets on Polymarket “disgusting” while shaming the company for hosting the bets.
Whitehat hacker rescues $1.5M from first DeFi hack of 2025
Yesterday saw the year’s first “significant” crypto hack, with exploited funds totalling $2.5 million removed from DeFi options platform Moby.
LA wildfires threaten crypto companies in southern California
As the LA wildfires spread to more areas on a windy Wednesday night, flames threatened crypto workers and company headquarters.
HyperLiquid downplays ‘extreme centralization’ and pay-to-play criticisms
HyperLiquid has responded to an increasing velocity of criticisms about its code, token supply, and validator centralization.
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Justin Sun elected prime minister of Liberland for a second time—by Protos Staff
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Aave proposal to peg Ethena’s USDe to USDT raises concerns—by Protos Staff
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Stuart Hoegner leaves roles as Tether and Bitfinex general counsel—by Protos Staff
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Tether became a political powerhouse in 2024—by Protos Staff
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Are North Korean hackers liquidated on HyperLiquid planning something?—by Protos Staff
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Nayib Bukele kills Salvadoran bitcoin initiatives to appease IMF—by Protos Staff
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Bitcoin supply may not be fixed at 21M, says BlackRock—by Protos Staff
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Coinbase takes aim at Justin Sun in WBTC lawsuit response—by Protos Staff
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MicroStrategy blackout period could freeze bitcoin buys in January—by Protos Staff
