Extreme negative funding rates turned the winning short-sale of a crypto meme into a huge loss, despite a correct bet on its decline.
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Strategy manager wrong about BTC backing STRC
The manager mistakenly claimed that Strategy’s BTC collateralizes shares of its stock, even though it doesn’t. Source link...
Saga becomes latest victim in DeFi hacking spree
The root cause behind the hack remains unclear. Around $6M in ETH and $850K of YieldFi assets sit in the...
Celsius estate alleges TrueUSD firms gambled customer deposits
Celsius has filed a lawsuit against Archblock, alleging that it’s failed to redeem millions of dollars worth of stablecoins. Source...
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....
