Trump-affiliated USD1 has $0 in excess reserves
The report by BitGo notes that all of USD1’s reserves are in the Fidelity Investments Money Market Government Portfolio—Institutional Class.
The report by BitGo notes that all of USD1’s reserves are in the Fidelity Investments Money Market Government Portfolio—Institutional Class.
Roman Storm had to raise another $2M as the legal fees from the US case against crypto mixer Tornado Cash continue to pile up.
Fans of Michael Saylor believed that non-dilutive preferred shares would displace dilutive ATMs, but MicroStrategy just admitted the opposite.
Bitcoin treasury company mania was a unique moment in time in early May 2025. However, shares are now fading as rationality returns.
Darkweb reporters shared an odd BTC transfer amid speculation that Abacus Market is either exit scamming or being seized by the US.