SpaceX slips below $140 per share, wiping $1T from peak valuation
SpaceX slipped below $140 per share on Monday, wiping out $1T from the peak market capitalization of Elon Musk’s IPO.
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— Michael Saylor, MicroStrategy
No amount of cash can fix STRC’s trust problem
Michael Saylor keeps raising cash for STRC holders who've watched him shift his promises, so the discount below par is persisting.
BlueMove’s $500K SUI loss raises insider job suspicions
Around $500K worth of SUI tokens was drained from BlueMove DEX's locked pools last weekend, leading to rumours of an inside job.
SK Hynix wipes out US debut gain in one day of trading
SK Hynix’s new ADR rose 12.7% on its Nasdaq debut Friday. Then Seoul dropped -12.6% on Monday, leaving many US buyers in the red.
Robinhood Chain scams are already costing users dearly
Complaints are pouring into social media as traders lose assets to a variety of rudimentary scams on Robinhood Chain.
Meta insiders sold 150 times and bought zero in the last six months
Insider transactions at Meta have been sales only recently, especially before the company raised its AI budget and disappointed on earnings.
Buy STRC and make 28%? Traders say no thanks
The effective yield of STRC is 14% with a 28% total return on offer, yet it still cannot hold the $100 par value that Strategy intends.
CHART: Value of Tesla’s BTC holdings have fallen by two-thirds
The total value of Tesla's BTC holdings have fallen by approximately two-thirds since 2021, despite BTC appreciating by more than 30%.
Circle’s refusal to ‘burn and reissue’ stolen USDC angers prosecutors, report
Prosecutors in Wisconsin and New York are upset with stablecoin giant Circle after it repeatedly hindered attempts to recover stolen funds.
GoPro founder lends company $20M after 99% stock collapse
Nicholas Woodman became a billionaire from GoPro. Now, with the stock down 99% from its peak, it took financing from him to survive.