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Checking the math on Lava’s ‘millions’ in user savings

BTC-backed lender Lava claims to have saved users millions by refinancing loans at better rates — but the math is difficult to believe.

Mallers says no bitcoin rehypothecation at Strike — but what about re-pledging?

Customers concerned about Strike rehypothecating the BTC backing their loans have received a response from Jack Mallers.

Jack Mallers will serve as the dual CEO of Strike and Twenty One. His new venture already has a post-merger valuation above $9B.

Jack Mallers promised many things that never came true, earning him exposure for his Bitcoin app Strike. Lately, though, he’s gone quiet.

Crypto researcher ZachXBT published evidence of a Strike email breach. A spokesperson initially denied it, then admitted its truth.