Strategy reports Q4 net loss up 1,749% YoY to $12.4B, as BTC trades below the company's $76,052 average purchase price; MSTR is down ~60% over the past year
Strategy reports Q4 net loss up 1,749% YoY to $12.4B, as BTC trades below the company's $76,052 average purchase price; MSTR is down ~60% over the past year
Shares of the bitcoin-stockpiling company have fallen sharply since crypto prices touched all-time highs in October
Paxos says it “mistakenly minted” $300T of PayPal's PYUSD stablecoin on October 15 on the Ethereum blockchain and then “burned” the tokens 20+ minutes later
Crypto industry observers were baffled Wednesday afternoon when an on-chain transaction showed that Paxos …
Analysis: Coinbase International saw its total trading volume grow 124% week-over-week to $119B+ this past week, up from $2.5B per day average in November 2024
$20B daily, up 164% from the week before. December's $10B daily average crushes November's $2.5B. Retail is waking up, and the market's heating up fast! 🔥 [image] @pancakeswap : “P...
A US bankruptcy judge approves repaying FTX customers, and FTX is in talks over $1B in seized US assets; in June 2024, FTX had $12.6B, which may rise to $16.5B
Bloomberg :
Analysis: Jeff Bezos, Peter Thiel, and Mark Zuckerberg lead a group of insiders selling tech company stocks in Q1 2024, a sign that the bull run may be peaking
Financial Times :
A commit in Ethereum Foundation's GitHub repository shows the foundation has received a voluntary and confidential inquiry from an unspecified state authority
Silvergate Capital plans to wind down operations and voluntarily liquidate Silvergate Bank, including “full repayment of all deposits”; SI drops 40%+ to ~$5
- Silvergate Capital Corporation said it will wind down operations and voluntarily liquidate Silvergate Bank in accordance with applicable regulatory processes.
Court records: SBF is expected to enter a plea before a new judge on January 3; the original judge recused herself because her husband's law firm advised FTX
he needs to enter a plea at the arraignment and that is what has been announced the plea he enters could be “not guilty”! https://twitter.com/... @tree_of_alpha : JUDGE RONNIE ABRA...
The SEC says FTX made two $100M investments using customer funds in fintech company Dave in March 2022 and blockchain startup Mysten Labs in September 2022
- FTX and former CEO Sam Bankman-Fried made two $100 million venture investments using customer funds through an FTX subsidiary, the SEC said in a pair of complaints.
Sam Bankman-Fried agrees voluntarily to be extradited to the US, where he faces criminal and civil charges including conspiracy, fraud, and money laundering
- Sam Bankman-Fried is set to fly to the U.S., where he faces multiple criminal charges tied to the collapse of his crypto exchange FTX.
Source: Sam Bankman-Fried agrees voluntarily to be extradited to the US, where he faces criminal and civil charges like conspiracy, fraud, and money laundering
Former crypto CEO's decision could expedite the criminal and civil cases against him — NASSAU, Bahamas …