— 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.
Results for Crypto
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— 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.
UK sanctions HTX for alleged Russian sanctions violations
The UK FCDO has sanctioned Huobi Global over ties to two organisations which it had previously sanctioned over sanctions evasion concerns.
Charles Hoskinson’s $250M clinic to close after buying up NFTs and robots
The Cardano creator's $250M health clinic is shutting down after burning through cash left it “no longer financially sustainable.”
BitMine lost $8 billion on ETH but Tom Lee still made tens of millions
BitMine’s losses on its ETH bet might exceed losses at FTX, but Tom Lee will make tens of millions of dollars regardless.