Most of Ripple’s own stablecoin lives on Ethereum
$879 million of the $1.63 billion worth of tokens in circulation sits on Ethereum versus $760 million on the XRP Ledger.
Aaron Wise
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28,000 crypto wallets pledged $560M for SpaceX shares they didn’t get
Last week was supposed to be a shining example of crypto tech tokenizing SpaceX stocks for the masses. Instead, the industry failed again.
Sam Bankman-Fried needs favor from Trump after failed appeal
Sam Bankman-Fried appealed his fraud convictions and 25-year prison sentence to the Second US Circuit Court of Appeals and lost.
Hoskinson wants to save Cardano’s rep by leaving X for Discord safespace
Charles Hoskinson thinks a censored Discord server will free Cardano from “endless rage and embittered people.”
GameStop’s 10-Q says Coinbase can liquidate its BTC
Gamestop has re-pledged its bitcoin (BTC) with Coinbase who has full rights to rehypthecate and commingle its $300 million worth of coins.
XRP Ledger generated less than $400 in fees yesterday
Despite its $69B market cap, the XRP Ledger earns a de minimis amount of chain fees. For scale, Bitcoin users paid miners $183K in fees.
— Jack Mallers, Michael Saylor
It took Michael Saylor seven minutes to define mNAV
Jack Mallers asked Michael Saylor to explain the true meaning of multiple-to-Net Asset Value and everyone got confused.
— Michael Saylor, MicroStrategy
Saylor distances himself from STRC-backed DeFi after stablecoin wobble
Michael Saylor reposted plenty of notifications about DeFi tokens associated with STRC, but he swears reposts weren't endorsements.
— Metaplanet, mNAV
Metaplanet pitches stock buybacks after 96% mNAV decline
Metaplanet’s mNAV has crashed 96% since July 24, 2024, and its CEO is reminding investors that at least the company can buyback some stock.
Bitcoin investor says he stopped paying taxes to stack more BTC
Despite the legal risks, an investor bragged about delaying his tax payments over three years to buy more BTC.