Hyperliquid unlocks 12M HYPE tokens, dilutes holders by $330M
A token unlock for Core Contributors increased the supply of Hyperliquid by 5.5% overnight, diluting all other investors.
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Venezuela-focused neobank Kontigo pays back users after $340K USDC hack
Kontigo, which allows Latin American users to dodge inflation by using “digital dollars” has been forced to reimburse over 1,000 accounts.
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Bitcoin mining industry mostly uninterested in spam controversy
While many Bitcoiners have gone to war over the use of node-level “spam” filters, those in BTC mining have stayed in their lanes,...
‘Crypto President’ Donald Trump sort of knows CZ, but he doesn’t get crypto
Trump claims he has a vague understanding of who CZ is but he doesn’t know, or even care, about the charges against him...
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.
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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 “Stream fund assets.”
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Tenerife to make 100,000% profit on BTC bought for research
Tenerife’s Institute of Technology and Renewable Energies bought the BTC in 2012 for €10K and plans to invest the profits in new projects.
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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.
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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.
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LLM crypto trading contest finds LLMs can’t trade crypto
Four out of the six large language models in the Alpha Arena crypto trading competition finished in the red.
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