Billions in crypto liquidated as bitcoin crashes to $82,000
BTC's price fell to $82K today during one of crypto's worst months since the catastrophic crash of Terra/Luna in 2022.
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— Michael Saylor, MicroStrategy
Jim Chanos missed out on extra 85% annualized from MSTR short
Jim Chanos profited by shorting the premium of MSTR to its BTC, but he missed out on the final, exceptionally profitable leg of that trade.
Norway’s sovereign wealth fund has lost over $200M in MSTR
The central bank of Norway has paid the price for investing in Michael Saylor’s BTC treasury company, Strategy.
Is the Swiss National Bank cozying up to bitcoin?
The Swiss National Bank is reportedly increasing its "indirect" exposure to BTC through BTC-related stocks.
From sweet to sour: Core slaps Maple with injunction over ‘syrupBTC’
Core and Maple Finance are locked in a dispute over competing BTC yield products, with an injunction secured against the launch of syrupBTC.
Is XRP overvalued? Critics flag $149 in daily network revenue
Despite $127B in market cap, XRP burned as fees to transact on the blockchain rarely exceed a couple of thousand dollars a day.
Is Aave’s ‘Balance Protection’ backed by Relm — an FTX insurer?
The DeFi community has voiced concerns around who and what is covered by Aave’s million-dollar “Balance Protection” for app users.
Coinbase seemingly vanishes prediction market pages after leak
Jane Manchun Wong added Coinbase to their list of tech firm leaks after exposing features from the likes of Tinder, Instagram, and Facebook.
Chinese influencer, “Sister Orange,” arrested for pig butchering
A Chinese internet influencer who went by "Sister Orange" has been arrested and charged with human trafficking and fraud.
Tesla Diner’s struggles accelerate as chef speeds away
The Tesla Diner has lost its head chef, Eric Greenspan, while Elon Musk still imagines launching even more.