Bitcoin24h $91,238.56+0.70%

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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.

Strategy fails to list options on its flagship preferred, STRK

Options are trading for every type of share at Michael Saylor’s Strategy, except for the company’s first and most bullish preferred share.

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

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.