Hedge fund profits by shorting Bitcoin stock MicroStrategy — but not Tesla
Argonaut chief Barry Norris said he believes the recent crypto rallies are "unsustainable," so he's shorting Bitcoin stocks like Coinbase.
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NBA Top Shot class action claims the NFTs are securities, lawsuit unlikely
According to the complaint, NBA Top Shot buyers are dependent on Dapper Labs to “maintain the crazed levels of hype” around the NFTs.
Chia crypto triggers HDD stock rally as Western Digital, Seagate surge
HDD stocks Seagate and Western Digital have both rallied about 20% since last Wednesday's close. And it could be 'cos of Chia.
Ireland won’t pay Russian hackers $20M Bitcoin ransom
BleepingComputer shared evidence linking Ireland's Bitcoin ransom to Russian hacking crew WizardSpider, which has been around since 2018.
Ethereum pulls crypto traders to furniture stock ETH — it’s been rallying too
Crypto traders have overrun a Yahoo! Finance message board for furniture stock Ethan Allen and hijacked the conversation with hype.
The Weekend Shift: Pie Charts, Cookies, Food Museums
The most interesting reads, podcasts, charts, and opinions from the internet this weekend -- curated for you by the Protos newsroom.
Colonial Pipeline forgets to mention it already paid $5M Bitcoin to hackers
The New York Times confirmed that Colonial Pipeline paid 75 BTC to its ransomware hackers last week, contradicting earlier reports.
Binance under investigation by US agencies over money laundering
The IRS and DoJ are probing Binance employees for information related to money laundering and tax offences, according to reports.
Inside the Great Pie Chart giving Tether its dollar value
Tether released a pie chart alluding to actual cash backing its dollar-pegged stablecoin, but less than 3% of it is money in a bank.
Crypto lost $430M to thieves, hackers, and fraudsters in 2021, report
DeFi rug pulls account for nearly half of all crypto fraud and thefts this year, found analytics unit CipherTrace in its latest crime report.