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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.
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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.
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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.
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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.
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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.
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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.
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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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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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Trump sues Jamie Dimon, revives ‘Operation Chokepoint 2.0’
Donald Trump has sued the JPMorgan CEO over an alleged debanking incident, which reinforces a narrative about Operation Chokepoint 2.0.
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If BTC was really a rival to gold, it would be at $278K
BTC has lagged far behind gold over the past year. By one calculation, BTC is 68% lower than it should be.
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