Crypto crashed way harder than Japan or global markets
Amid the FX and carry trade crisis in Japan last weekend, bitcoin lost one-fifth of its value. Other crypto assets fared far worse.
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One year on, ‘crypto killer’ FedNow still hasn’t killed crypto
FedNow, a 24/7 payments platform that outcompetes most blockchains, has nonetheless failed to impact the value of most crypto assets.
Bitcoin dump and $2B dilution crash MicroStrategy 30%
MicroStrategy shed $7.4B of its value over the weekend as investors responded to Japanese markets, share dilution, and a BTC decline.
Nomad hacker buys the dip, scooping up $40M of ETH two years later
Blockchain monitors noted that the Nomad Bridge exploiter had spent 39.75 million of Maker’s DAI stablecoin for 16,892 ETH.
Justin Sun proposes billion-dollar fund to save crypto
Sun is apparently keen to start a billion-dollar fund to save the entire crypto space in the midst of a 20% drawdown of most tokens.
— DeFi, Jump Crypto
Jump Crypto liquidates DeFi positions as financial woes stack up
Blockchain researchers are following evidence that suggests Jump liquidated DeFi positions and is sending proceeds to centralized exchanges.
— Changpeng Zhao, Social Media
Has CZ followed a Solana news account while in prison?
Federal inmates are prohibited from using mobile phones while incarcerated and Zhao hasn't posted anything to X since May 22.
Airbnb host adds ‘no crypto mining’ rule after tenant installs 10 rigs
Airbnb owner Ashley said the guest ran up a $1,500 electricity bill and also installed an electric vehicle charging point.
What happened to Jack Mallers and Strike?
Jack Mallers promised many things that never came true, earning him exposure for his Bitcoin app Strike. Lately, though, he’s gone quiet.
Do Kwon finally set for South Korea extradition after court rejects US petition
The court established the conditions for the US and South Korea to petition for Do's extradition but South Korea’s request arrived first.