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TUSD up to 99.7% backed by speculative assets despite SEC settlement

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Dollar-pegged stablecoin TUSD may still be up to 99.7% backed by speculative assets, despite an SEC settlement that alleged this behavior. Source link

The math behind MicroStrategy’s bitcoin bet

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Bitcoin and MicroStrategy are both rallying with win-win math for bondholders and shareholders. Of course, the party can’t last forever. Source link

World Network wants $100 deposit from users to work its orbs

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World Network — previously Worldcoin — is offering anybody willing to pay $100 the chance to operate one of its eye-scanning orbs. Source link...

MicroStrategy down 16% after short-seller’s report

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Andrew Left tweeted negatively about MicroStrategy 13 minutes into Thursday’s trading session. Within 90 minutes, the stock had declined 16%. Source link

Polymarket bans French users but still can’t stop VPNs

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A reporter used a VPN to bypass Polymarket’s French ban that was put in place after one gambler made $85M betting on the...

Shock! Two thirds of memecoins now ‘worthless’ says new research

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New research corroborates earlier findings that the vast majority of memecoins crash after their initial promotion and never recover. Source link

Jerome Powell defies Trump, keeps crypto restrictions at Fed

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Federal Reserve Chairman Jerome Powell has reduced US banking restrictions on crypto activities, but critics say he hasn’t done enough. Source link

Chairman of Swiss National Bank hasn’t budged on bitcoin

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Switzerland’s national bank chairman argued against the country holding BTC as part of its national reserve, resisting BTC advocates. Source link

Pump Fun livestreams spark backlash from disgusted traders

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Controversial Pump Fun content, including gunplay and animal beheadings, has led many users to call for the end of its livestream feature. Source link...

Justin Sun’s HTX redeems $500M in WBTC it wasn’t supposed to have

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Justin Sun-advised HTX recently redeemed approximately $500 million worth of WBTC, despite having no WBTC on its proof-of-reserves. Source link
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