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Uganda threatens to block Jack Dorsey’s Bitchat ahead of elections
Uganda’s director of government communications threatened to block messaging service Bitchat ahead of next week’s elections.
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Hyperliquid unlocks 12M HYPE tokens, dilutes holders by $330M
A token unlock for Core Contributors increased the supply of Hyperliquid by 5.5% overnight, diluting all other investors.
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Venezuela-focused neobank Kontigo pays back users after $340K USDC hack
Kontigo, which allows Latin American users to dodge inflation by using “digital dollars” has been forced to reimburse over 1,000 accounts.
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Billion-dollar scammer Chen Zhi arrested in Cambodia, extradited to China
Chen Zhi is head of the Prince Group and had previously laundered around $15B in BTC, revealed to have been seized in October.
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CHART: Every crypto sponsor in this year’s Premier League
The number of Premier League football teams entering into partnerships with crypto sponsors fell this year from 14 to 13.
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Strategy’s bitcoin premium vanishes as mNAV crashes to 1x
The colloquial metric of investor confidence in Strategy, its multiple-to-Net Asset Value or mNAV, has fallen to 1x its BTC holdings.
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Crypto Capital Corp’s $850M collapse linked to Israeli mafia cocaine ring
Crypto Capital Corp wound down after $850M was seized sometime between late 2018 and early 2019, but the ramifications continue to be felt.
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NFT investor Adam Weitsman’s X account hacked to shill ‘Clawed Ape Yacht Club’
Hackers took control of scrap-metal billionaire Adam Weitsman’s X account to post a forex trading scam and a fake NFT crypto project.
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China’s Regulation 42 forces Tether to kill its CNHT stablecoin
Tether has never been in a better place than it is right now, at least in the US. But in China, it’s a...
Chinese banks freeze accounts over crypto memos
Chinese nationals are reporting that putting “Bitcoin,” “Dogecoin” or “USDT” in the memo field of a transfer causes the account to be frozen.
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