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Newsletter

Inside DeFi 001

Inside DeFi looks at the uptick in DeFi exploits, an all-time high for Ethereum transactions, and World Liberty Finance’s governance vote.

Strategy market cap down 40% after pivot from bonds to preferreds

Strategy preferreds were supposed to fix the problems with bonds, such as principal repayment, but instead they brought a raft of new issues.

Celsius has filed a lawsuit against Archblock, alleging that it’s failed to redeem millions of dollars worth of stablecoins.

The manager mistakenly claimed that Strategy’s BTC collateralizes shares of its stock, even though it doesn’t.