Diana Ogden

Coinbase

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.” Source link

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Coinbase

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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Coinbase

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. Source link

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Coinbase

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. Source link

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Coinbase

Coinbase taps Kalshi to develop prediction markets platform

Coinbase plans a prediction markets platform using Kalshi’s regulated system. Users can trade USDC or USD across sports, politics, and tech events. Move

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Coinbase

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. Source link

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Coinbase

Strategy needs to pay $689M a year to not sell bitcoin

Strategy has to pay $689M to not sell any of its BTC, and those costs have increased every quarter since 2021. Source link

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Coinbase

Richard Heart allegedly funnels $500M in ETH through Tornado Cash

It’s alleged that wallets benefiting from the launch of Heart’s HEX, Pulsechain, and/or PulseX are mixing over $500M dollars worth of ETH. Source

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Coinbase

Stream Finance meltdown: winners and losers in DeFi ‘risk curator’ reckoning •

The recent depeg of Stream Finance’s xUSD has led to concerns over the health of an interwoven ecosystem of similar high-yield vaults. Source

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Coinbase

Justin Sun’s Poloniex and HTX withdraw huge amounts from AAVE

Justin Sun-owned HTX and Poloniex have both used exchange wallets to withdraw hundreds of millions from AAVE. Source link

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