Justin Sun defends HTX while it lends 92% of its USDT on Aave
Justin Sun has taken to X to defend HTX’s reserves, however, a close review reveals HTX is lending 92% of its USDT on
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Coinbase
FriendTech now a ghost town as revenues fall 99.9%
During the first month of Coinbase’s Base on mainnet, FriendTech was its most popular app. Today, its fees are down from $1M per
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Hayden Davis finally has access to $58M in USDC
Hayden Davis finally has access to $58M worth of USDC, two weeks after a US judge dissolved a temporary restraining order. Source link
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Bitcoin treasury firm NAKA’s shares and mNAV crashed 90%
David Bailey was supposed to lead bitcoin treasury companies to new heights. Instead, his NAKA stock has crashed 90% in less than four
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Justin Sun clashes with World Liberty Financial over frozen WLFI
World Liberty Financial has blacklisted an address associated with Justin Sun after he moved WLFI tokens to exchanges. Source link
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Lawsuit alleges that Bitmain faked contract breaches
The lawsuit accused Bitmain of “fabricating” contract breaches in order to end a contract immediately with data center hosting partner. Source link
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Gauntlet’s $2.3M contract renewal with Compound faces backlash
The renewal of Gauntlet’s $2.3M contract with crypto lending platform Compound Finance has been met with fierce pushback. Source link
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How Nasdaq spooked Strategy and crypto treasury stocks
Nadsaq may tighten transparency rules to ensure that shareholders are aware of dilutive stock offerings to buy volatile crypto assets. Source link
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DeFi default: Kinto shutdown prompts first haircut for Wildcat lenders
A $750K bridge loan wasn’t enough to save Kinto following a hack in July. Wildcat lenders will recover 76% of their deposit. Source
Coinbase
Michael Saylor was selling MSTR ahead of S&P 500 decision
Strategy was selling hundreds of millions of dollars worth of MSTR ahead of the company’s disappointing S&P 500 Index news. Source link