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CHART: BTC underperforms in Trump’s first year in office
Bitcoin has performed worse during the first year of the Trump administration than it performed under the Biden administration.
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Jack Mallers drops BTC per share metric as Twenty One stock falls 84%
Mallers advertised Twenty One as a company that would increase BTC per share but it hasn’t disclosed any purchases since July.
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Iran’s central bank stacked $507M USDT last year, report
Iran gathered at least half a billion dollars worth of USDT last year to help bypass sanctions and boost its own currency.
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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.
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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 hacker’s ETH address.
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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.
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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.
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Crypto sleuth links $500M in Iranian USDT to stolen Bybit funds
Crypto sleuth Tanuki42 claims the middle man selling USDT to Iran is also receiving USDT from DPRK wallets laundering Bybit funds.
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Strategy market cap down 40% after pivot from bonds to preferreds
Strategy preferreds were supposed to fix the problems with bonds, such as principal repayment, but instead they brought a raft of new issues.
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Cambodian scam rings facing disruption since kingpin’s arrest
Arrests, money laundering service shutdowns, releases, and escapes are all part of an ongoing crackdown on Cambodian scam operations.
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