The slow-motion ‘bank run’ in private credit
Crypto has exacerbated the problems of private credit, extending leverage and rehypothecation risk across increasingly risky loan books.
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Death of the oldest living tortoise was just a crypto scam
The 194-year-old tortoise called Jonathan was reported to have died yesterday based on the false reports of a crypto scammer.
Inside the $280M Drift hack: weeks of setup, minutes to drain
Drift Protocol was hacked for roughly $280M yesterday after a likely social engineering scheme breached its multisig approvals.
Traders panicked during Trump’s Iran war speech
Trump’s speech extended his Iran war timeline by three weeks, spooking oil markets with falling stocks and lower bitcoin prices.
Bitcoin’s best month since September was a 1.8% gain
BTC closed March at $68,221, snapping a five-month losing streak by the slimmest of margins. It opened the month at $67,000.
Liquity accused of ‘market manipulation’ after Circle acquisition April Fools’
Liquity's April Fools' bit that joked it was being bought by the stablecoin giant Circle led to allegations of “market manipulation.”
Gemini’s 10-K reveals loan loop between exchange and founders
Gemini’s 10-K, filed yesterday, laid out the exchange's entire structure. Social media users called it a circular scheme.
Bitcoin’s quantum deadline just moved up
Requirements for a quantum bitcoin attack dropped from millions to sub-10,000 qubits, cutting estimates by two orders of magnitude.
Memescope traders have been left with a case of Monday blues
The Memescope Monday get-together left traders with heavy losses and very little wins, and has been described as "mass extraction event."
The great AmEx partnership with XRP that wasn’t
Repeated claims by XRP influencers about a major American Express (AmEx) partnership using the XRP Ledger never materialized.