Informed Crypto News

<p>Bitcoin and crypto news by Protos. Read more at protos.com</p>

CHART: Bitcoin ETFs shed $58B, dropping faster than BTC

Although both BTC ETFs and the price of BTC itself have declined since October, ETF outflows have far outpaced the asset’s decline.

11-25
03:41

Tom Lee’s BitMine is performing as bad as Strategy

Shares of the world’s largest publicly traded ETH treasury company, BitMine Immersion Technologies, have crashed by over 80% since June 3.

11-25
04:25

DeFi gets leaner: Gnosis fires treasury manager with 88% backing

Proposal GIP-143 cites extensive community discussions about KPK’s performance, cost, risk exposure, and alignment with DAO objectives.

11-25
05:20

Jack Mallers brings Bitcoin and Epstein into Chase debanking rant

Chase says it closed Mallers’ accounts after detecting “concerning activity” that may violate the Bank Secrecy Act.

11-25
03:46

Cardano crisis: senior dev quits after Hoskinson calls in the feds

Roman Kireev resigned after Cardano founder Charles Hoskinson “supported criminal charges against the DAO hacker” and an FBI investigation.

11-24
03:56

The US is likely losing money on its Digital Asset Stockpile

The US Digital Asset Stockpile contains crypto assets that have been crashing in price since the fund came into existence on April 5.

11-24
04:44

Users blast curators Re7 and Silo for handling of DeFi turmoil

The fallout from the collapse of Stream Finance has left users frustrated with the lack of progress from vault curators like Re7 Labs.

11-24
05:18

Billions in crypto liquidated as bitcoin crashes to $82,000

BTC’s price fell to $82K today during one of crypto’s worst months since the catastrophic crash of Terra/Luna in 2022.

11-24
02:48

Jim Chanos missed out on extra 85% annualized from MSTR short

Jim Chanos profited by shorting the premium of MSTR to its BTC, but he missed out on the final, exceptionally profitable leg of that trade.

11-24
03:21

Norway’s sovereign wealth fund has lost over $200M in MSTR

The central bank of Norway has paid the price for investing in Michael Saylor’s BTC treasury company, Strategy.

11-24
06:07

Is the Swiss National Bank cozying up to bitcoin?

The Swiss National Bank is reportedly increasing its “indirect” exposure to BTC through BTC-related stocks.

11-24
05:27

From sweet to sour: Core slaps Maple with injunction over ‘syrupBTC’

Core and Maple Finance are locked in a dispute over competing BTC yield products, with an injunction secured against the launch of syrupBTC.

11-24
04:58

Is XRP overvalued? Critics flag $149 in daily network revenue

Despite $127B in market cap, XRP burned as fees to transact on the blockchain rarely exceed a couple of thousand dollars a day.

11-20
03:53

Is Aave’s ‘Balance Protection’ backed by Relm — an FTX insurer?

The DeFi community has voiced concerns around who and what is covered by Aave’s million-dollar “Balance Protection” for app users.

11-20
05:40

Coinbase seemingly vanishes prediction market pages after leak

Jane Manchun Wong added Coinbase to their list of tech firm leaks after exposing features from the likes of Tinder, Instagram, and Facebook.

11-20
03:42

Chinese influencer, “Sister Orange,” arrested for pig butchering

A Chinese internet influencer who went by “Sister Orange” has been arrested and charged with human trafficking and fraud.

11-20
02:13

Tesla Diner’s struggles accelerate as chef speeds away

The Tesla Diner has lost its head chef, Eric Greenspan, while Elon Musk still imagines launching even more.

11-20
03:09

Bitcoin treasury Nakamoto down 98% — still pays David Bailey lavishly

Nakamoto originally promised a 10x EBITDA multiple when it would acquire David Bailey’s private business, BTC Inc.

11-20
04:02

High yields to haircuts: Has DeFi learned anything from yield vault collapse?

The fallout from Stream Finance’s meltdown is still being cleaned up. Have risk curators, lending platforms, or DeFi users learned anything?

11-20
04:50

Justin Sun’s graveyard of abandoned crypto projects

Justin Sun has launched and endorsed a huge number of cryptocurrency projects, and many have since been abandoned.

11-20
13:47

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