Hyperliquid degen James Wynn deletes ‘cabal’ donation post
James Wynn has deposited almost $40K of donated funds into his Hyperliquid account to support his now $140M perpetual trade.
Source link
Tornado Cash founder Roman Storm is running out of money for legal fees
Tornado Cash co-founder Roman Storm is asking for another $2M after already spending millions over the past two years.
Source link
Bitcoin treasuries get new valuation metric — MmC
Public companies holding BTC are employing a new magical valuation metric called “MmC,” or “mNAV months to cover.”
Source link
Ripple’s Chris Larsen to fund police surveillance, drones in San Francisco
As part of the $9.4M gift, Ripple Labs will sublet a lavish office to the San Francisco Police Department’s drone surveillance unit for...
Ledger exec’s alleged kidnap mastermind arrested in Morocco
The 24-year-old allegedly organized the kidnapping and mutilation of David Balland, the co-founder of crypto wallet firm Ledger.
Source link
China’s Regulation 42 forces Tether to kill its CNHT stablecoin
Tether has never been in a better place than it is right now, at least in the US. But in China, it’s a...
Chinese banks freeze accounts over crypto memos
Chinese nationals are reporting that putting “Bitcoin,” “Dogecoin” or “USDT” in the memo field of a transfer causes the account to be frozen.
Source...
US margin debt reached all-time highs as crypto lost $2 trillion
Crypto markets have been penalized with downside volatility amid historic levels of US margin debt relative to income.
Source link
ANALYSIS: Does the Circle IPO value Tether at $316B?
Circle’s upcoming IPO will provide a unique opportunity to value the world’s largest stablecoin issuer, Tether.
Source link
Crypto Capital Corp’s $850M collapse linked to Israeli mafia cocaine ring
Crypto Capital Corp wound down after $850M was seized sometime between late 2018 and early 2019, but the ramifications continue to be felt.
Source...