Kyrgyzstan-registered crypto exchange Grinex has suspended operations. It had previously been linked to sanctions evasion of up to $6B. Source link
Felicity Short
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Tether-related companies Northern Data and Rumble are set to begin their merger, with Rumble offering equity for shares of Northern Data. Source …
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It took years of leverage and over $11B in unrealized losses for Michael Saylor’s Strategy to flip green on its BTC bet …
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Vercel says attackers accessed its internal systems, sparking fears poisoned Next.js code could be used to drain funds from DeFi apps. Source …
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Strategy has been responsible for the vast majority of bitcoin treasury company purchases and their money-losing buys. Source link
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Crypto has exacerbated the problems of private credit, extending leverage and rehypothecation risk across increasingly risky loan books. Source link
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Kalshi’s former lawyer now helps the US Department of Justice in lawsuits that cushion Kalshi from criminal lawsuits by state regulators. Source …
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A US senator is not happy with Binance figures about its Iran-linked activities and is demanding a new set of answers by …
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Flare’s FXRP DeFi ecosystem, pitched as a billion‑dollar XRP breakthrough, has seen slow adoption and largely flat user growth. Source link
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Drift Protocol was hacked for roughly $280M yesterday after a likely social engineering scheme breached its multisig approvals. Source link
