‘Dear God’: Japan’s borrowing costs hit 30-year high
As 30-year Japanese bond yields reached their highest level in decades, a market data vendor gasped at the government’s cost to borrow.
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Justin Sun seeks out Chinese ‘troll king’ in dispute with ex
Justin Sun has reached out to the Chinese 'troll king' as part of his escalating public feud with his ex over reproductive disputes.
The shoe company that pivoted to AI is dying
Allbirds, a shoe company that pivoted to artificial intelligence (AI), briefly surged on that pivot but has since plummeted in value.
— Burwick Law, Legal
Solana Labs dropped from Burwick Law’s Pump Fun lawsuit
A judge has decided whether to drop or uphold various lawsuit allegations made by Burwick Law against the Memecoin firm Pump Fun.
Secret memecoin Nasdaq takeover has a math problem
A memecoin trader claimed to have spent $1.8 million on a secret takeover plan for a Nasdaq stock, then admitted that numbers were fabricated.
— Crypto.com, DeFi
Crypto.com-promoted Tectonic forces Cronos to halt, rewind
Crypto.com promoted Tectonic until it almost drained tens of millions of dollars from its Cronos blockchain.
Metaplanet spent over $45M to lose $1B investing in bitcoin
Metaplanet has spent tens of millions of dollars operating a bitcoin treasury company that has an unrealized loss of more than $1 billion.
Kraken tips Solana’s razor-thin inflation vote
Solana voters narrowly approved a slower minting cadence for new coins, leaving SOL still inflationary but at a slower pace than before.
— China, Justin Sun
Justin Sun’s egg story keeps getting worse
Justin Sun's X post in which he accused Chinese actress Jing Tian of reneging on a cash-for-eggs deal has caused waves in China.
KLA Corp insiders cashed out $64M while stock slid 40%
As KLA Corporation stock lost 40% and an estimated $160B in market value from its peak, insiders sold over $64M worth of stock.