IMF claims El Salvador isn’t buying bitcoin despite Bukele’s boasts
The IMF gave El Salvador another $118 million as part of its deal to wind down the state-issued Chivo bitcoin wallet by July 31.
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Did Adam Back betray Bitcoin for a Wall Street payout?
Adam Back seems less concerned with bitcoin’s role in displacing traditional banking as he gets rich alongside Wall Street bankers.
Nobody knows why HTX is juggling $1B USDT on Aave
HTX, the Justin-Sun advised exchange, has been depositing and withdrawing hundreds of millions of dollars worth of USDT on Aave.
Bitcoin’s minimum transaction fee just got cut by 90%
Yesterday, the BTC mining network began adopting a new, much lower threshold for minimum transaction fees: 0.1 sat/vByte.
Pump Fun ICO raises $600M as PUMP traders dodge sale restrictions
Despite the ICO requiring buyers to go through a KYC process, analysis suggests that some wallets used dozens, if not hundreds, of addresses.
— DeFi, Stablecoins
Trump-linked stablecoin USD1 hits 99% APR on Binance Chain
By looping Binance Chain-based USD1 on Euler Finance against USDT, yield farmers have earned 99% APR on the presidential stablecoin.
— Michael Saylor, MicroStrategy
Michael Saylor dumped MSTR, STRF, STRK, STRD for latest bitcoin buy
MicroStrategy diluted all four classes -- MSTR, STRK, STRF, and STRD -- of its public shareholders last week to buy BTC.
Bitcoin hits $122K but onchain activity sinks to multi-year low
Demand for Bitcoin blockspace is so low that some node operators want to reduce transaction fee minimums from about $0.18 to less than $0.01.
James Wynn loses it all, again, shorting bitcoin
James Wynn returned to social media this week and immediately embarrassed himself by shorting BTC right before its all-time high.
Crypto’s ‘pay-to-play’ problem resurfaces in Wolf of All Streets podcast accusations
Synonym CEO John Carvalho shared a screenshot that he says shows Wolf of All Streets offering him an appearance in return for $20K.