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High yields to haircuts: Has DeFi learned anything from yield vault collapse?

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The fallout from Stream Finance’s meltdown is still being cleaned up. Have risk curators, lending platforms, or DeFi users learned anything? Source link

Bitcoin treasury Nakamoto down 98% — still pays David Bailey lavishly

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Nakamoto originally promised a 10x EBITDA multiple when it would acquire David Bailey’s private business, BTC Inc. Source link

Strategy manager wrong about BTC backing STRC

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The manager mistakenly claimed that Strategy’s BTC collateralizes shares of its stock, even though it doesn’t. Source link

Saga becomes latest victim in DeFi hacking spree

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The root cause behind the hack remains unclear. Around $6M in ETH and $850K of YieldFi assets sit in the hacker’s ETH address. Source...

Celsius estate alleges TrueUSD firms gambled customer deposits

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Celsius has filed a lawsuit against Archblock, alleging that it’s failed to redeem millions of dollars worth of stablecoins. Source link

Tesla Diner’s struggles accelerate as chef speeds away

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The Tesla Diner has lost its head chef, Eric Greenspan, while Elon Musk still imagines launching even more. Source link
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