Cardano holders cancel own summit after rejecting $2M funding request
Cardano's annual summit in Singapore was scrapped after it failed to attract enough voters to pass a funding proposal.
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Hyperliquid SpaceX perp plummeted before Blue Origin explosion
After a flash-crash, Ventuals has promised to compensate victims of a forced liquidation in its Hyperliquid-listed SPACEX perp.
— Bitcoin, Sequans Communications
Sequans dumps bitcoin treasury after less than a year
Bitcoin treasury company Sequans Communications is selling all of its coins. Its stock price is down 80% since first acquiring BTC.
— Blockchain, SUI
SUI: Stops Unexpectedly and Intermittently
The cause of Sui Network’s third outage in 18 months remains unconfirmed with transactions paused since 13:48 UTC.
— Michael Saylor, MicroStrategy
Strategy’s USD reserve didn’t last long
Strategy diluted common stockholders to build a USD reserve for dividend and interest payments, then used the cash for something else.
HTX misrepresents Huobi Global S.A. after UK sanctions
Despite HTX insisting that the recently sanctioned Huobi Global S.A. is entirely distinct from the HTX exchange, that does not appear true.
— Michael Saylor, MicroStrategy
Strategy CEO bought $19K of STRC for his kids after making $37M
The CEO of Strategy has made $37 million in total compensation over the past three years while buying less than $20,000 in STRC for his kids.
Stake DAO hit by hack as DeFi security confidence hits new low
DeFi yield farming platform Stake DAO has suffered an apparent private key compromise, with minted vsdCRV tokens swapped for ETH.
First US-listed Solana treasury firm moves and protects executives
The first US-listed Solana treasury company has a dwindling stock price yet just reincorporated in Nevada to protect its insiders.
Someone just burned $8 million of bitcoin
More than 107 BTC are now provably burned from the supply until someone invents a cryptographically relevant quantum computer.