If Tether has $105B in its reserves, why is it raising cash?
According to Bloomberg, Tether is in negotiations with investors to raise funds in exchange for a 3% stake in Tether Holdings SA.
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From sweet to sour: Core slaps Maple with injunction over ‘syrupBTC’
Core and Maple Finance are locked in a dispute over competing BTC yield products, with an injunction secured against the launch of syrupBTC.
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Is the Swiss National Bank cozying up to bitcoin?
The Swiss National Bank is reportedly increasing its “indirect” exposure to BTC through BTC-related stocks.
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Norway’s sovereign wealth fund has lost over $200M in MSTR
The central bank of Norway has paid the price for investing in Michael Saylor’s BTC treasury company, Strategy.
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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...
Billions in crypto liquidated as bitcoin crashes to $82,000
BTC’s price fell to $82K today during one of crypto’s worst months since the catastrophic crash of Terra/Luna in 2022.
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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.
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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.
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Cardano crisis: senior dev quits after Hoskinson calls in the feds
Roman Kireev resigned after Cardano founder Charles Hoskinson “supported criminal charges against the DAO hacker” and an FBI investigation.
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New X starter packs face backlash over crypto ‘scam’ accounts
Head of Product Nikita Bier added, and swiftly removed, a controversial crypto influencer from the platform’s new starter pack feature.
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