Informed Crypto News
Cardano crisis: senior dev quits after Hoskinson calls in the feds
Roman Kireev resigned after Cardano founder Charles Hoskinson âsupported criminal charges against the DAO hackerâ and an FBI investigation.
The US is likely losing money on its Digital Asset Stockpile
The US Digital Asset Stockpile contains crypto assets that have been crashing in price since the fund came into existence on April 5.
Users blast curators Re7 and Silo for handling of DeFi turmoil
The fallout from the collapse of Stream Finance has left users frustrated with the lack of progress from vault curators like Re7 Labs.
Billions in crypto liquidated as bitcoin crashes to $82,000
BTCâs price fell to $82K today during one of cryptoâs worst months since the catastrophic crash of Terra/Luna in 2022.
Jim Chanos missed out on extra 85% annualized from MSTR short
Jim Chanos profited by shorting the premium of MSTR to its BTC, but he missed out on the final, exceptionally profitable leg of that trade.
Norwayâs sovereign wealth fund has lost over $200M in MSTR
The central bank of Norway has paid the price for investing in Michael Saylorâs BTC treasury company, Strategy.
Is the Swiss National Bank cozying up to bitcoin?
The Swiss National Bank is reportedly increasing its âindirectâ exposure to BTC through BTC-related stocks.
From sweet to sour: Core slaps Maple with injunction over âsyrupBTCâ
Core and Maple Finance are locked in a dispute over competing BTC yield products, with an injunction secured against the launch of syrupBTC.
Is XRP overvalued? Critics flag $149 in daily network revenue
Despite $127B in market cap, XRP burned as fees to transact on the blockchain rarely exceed a couple of thousand dollars a day.
Is Aaveâs âBalance Protectionâ backed by Relm â an FTX insurer?
The DeFi community has voiced concerns around who and what is covered by Aaveâs million-dollar âBalance Protectionâ for app users.
Coinbase seemingly vanishes prediction market pages after leak
Jane Manchun Wong added Coinbase to their list of tech firm leaks after exposing features from the likes of Tinder, Instagram, and Facebook.
Chinese influencer, âSister Orange,â arrested for pig butchering
A Chinese internet influencer who went by âSister Orangeâ has been arrested and charged with human trafficking and fraud.
Tesla Dinerâs struggles accelerate as chef speeds away
The Tesla Diner has lost its head chef, Eric Greenspan, while Elon Musk still imagines launching even more.
Bitcoin treasury Nakamoto down 98% â still pays David Bailey lavishly
Nakamoto originally promised a 10x EBITDA multiple when it would acquire David Baileyâs private business, BTC Inc.
High yields to haircuts: Has DeFi learned anything from yield vault collapse?
The fallout from Stream Financeâs meltdown is still being cleaned up. Have risk curators, lending platforms, or DeFi users learned anything?
Justin Sunâs graveyard of abandoned crypto projects
Justin Sun has launched and endorsed a huge number of cryptocurrency projects, and many have since been abandoned.
Michael Saylor mixes up his âtreasuriesâ in misleading MSTR tweet
Strategy founder Michael Saylor has made many dubious claims, but this weekâs likening of MSTR to âdigital treasuriesâ might take the cake.
Bybit freeze exposĂŠ highlights decentralization transparency issues
Bybitâs Lazarus Security Lab report says 16 blockchains have fund freezing measures while raising concerns about decentralization claims.
The looming tax bill of Strategy preferreds
Due to Return Of Capital (ROC) status, there is a looming tax bill for long-term holders of Strategy preferred shares.
Uniswap fee-switch: new era for DeFi or âa sad day for DAOsâ?
The latest iteration of Uniswapâs long awaited fee-switch proposal looks set to pass. But the milestone is seen by some as a DAO failure.
The jailed $6B bitcoin fraudster who wanted to be Liberlandâs queen
Qian Zhimin wanted to be queen of the Justin Sun-led micronation Liberland but was instead sentenced to 11 years in a UK prison.
Dathon Ohm: the dev who wants to fork Bitcoin
Members of the Bitcoin community have made lighthearted attempts to de-anonymize Dathon Ohm, the author of the BIP 444 soft fork proposal.
Lightning Network gets âreal bitcoinâ reality check
In a recent online poll, more than 80% of respondents said they donât think that Lightning counts as ârealâ BTC.
Hayden Davis hit with asset freeze as LIBRA investigation deepens in Argentina
The asset freeze facing Hayden Davis and two other crypto âintermediariesâ is the latest in the Argentinian case probing the LIBRA scandal.
How Jim Chanos outplayed Michael Saylor: short MSTR, long BTC
Jim Chanos doubled his money shorting MSTR from its exuberant peak in November 2024. He also profited from BTCâs rally.
Garden hacker begins laundering $11M loot through Tornado Cash
A total of over $6M worth of ETH and BNB has been deposited into Tornado Cash from the Garden hackerâs Ethereum and BNB Chain addresses.
Mastermind behind $300M crypto pyramid scheme arrested in Spain
Ălvaro Romillo Castillo reportedly confessed to funding a Spanish right-wing MEP and now faces court over his alleged crypto pyramid scheme.
Strategyâs preferred shares spell out an unfortunate acronym: FCKD
Several people have cheered on the FCKD joke, encouraging Saylor to issue a preferred stock with the ticker symbol STRU.
Who really controls Lavaâs bitcoin collateral?
Lava claimed to be a BTC-focused lender with competitive interest rates, but itâs facing a flurry of social media backlash.
Justin Sunâs Poloniex and HTX withdraw huge amounts from AAVE
Justin Sun-owned HTX and Poloniex have both used exchange wallets to withdraw hundreds of millions from AAVE.
Stream Finance meltdown: winners and losers in DeFi ârisk curatorâ reckoning â˘
The recent depeg of Stream Financeâs xUSD has led to concerns over the health of an interwoven ecosystem of similar high-yield vaults.
Richard Heart allegedly funnels $500M in ETH through Tornado Cash
Itâs alleged that wallets benefiting from the launch of Heartâs HEX, Pulsechain, and/or PulseX are mixing over $500M dollars worth of ETH.
Strategy needs to pay $689M a year to not sell bitcoin
Strategy has to pay $689M to not sell any of its BTC, and those costs have increased every quarter since 2021.
LLM crypto trading contest finds LLMs canât trade crypto
Four out of the six large language models in the Alpha Arena crypto trading competition finished in the red.
China is sentencing pig butchering scammers to death
China has sentenced nearly 20 people, including members of prominent mafia families, to death over pig butchering scams in recent months.
STRE is nothing like what Michael Saylor promised on Thursday
Strategy founder Michael Saylor repeatedly promised a roll-out of STRC counterparts but instead he launched STRE.
Tenerife to make 100,000% profit on BTC bought for research
Tenerifeâs Institute of Technology and Renewable Energies bought the BTC in 2012 for âŹ10K and plans to invest the profits in new projects.
Stream Finance halts withdrawals after $93M loss, xUSD depegs 75%
DeFi platform Stream Finance has halted deposits and withdrawals in response to the loss of $93M of âStream fund assets.â
Strategy diluted MSTR by $54M but only bought $46M of bitcoin
Strategy diluted shareholders by $69.5M but bought $45.6M of BTC. These 183,501 extra shares accreted less than the proceeds to its treasury.
âCrypto Presidentâ Donald Trump sort of knows CZ, but he doesnât get crypto
Trump claims he has a vague understanding of who CZ is but he doesnât know, or even care, about the charges against him or his guilty plea.