Balancer exploit drains $129M in DeFi disaster •
The exploit, which hit Balancer’s v2 liquidity pools on multiple blockchains, reportedly affected projects that “forked” the exchange’s code.
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Richard Heart allegedly funnels $500M in ETH through Tornado Cash
It’s alleged that wallets benefiting from the launch of Heart’s HEX, Pulsechain, and/or PulseX are mixing over $500M dollars worth of ETH.
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‘Crypto President’ Donald Trump sort of knows CZ, but he doesn’t get crypto
Trump claims he has a vague understanding of who CZ is but he doesn’t know, or even care, about the charges against him...
Strategy diluted MSTR by $54M but only bought $46M of bitcoin
Strategy diluted shareholders by $69.5M but bought $45.6M of BTC. These 183,501 extra shares accreted less than the proceeds to its treasury.
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Stream Finance halts withdrawals after $93M loss, xUSD depegs 75%
DeFi platform Stream Finance has halted deposits and withdrawals in response to the loss of $93M of “Stream fund assets.”
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Tenerife to make 100,000% profit on BTC bought for research
Tenerife’s Institute of Technology and Renewable Energies bought the BTC in 2012 for €10K and plans to invest the profits in new projects.
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STRE is nothing like what Michael Saylor promised on Thursday
Strategy founder Michael Saylor repeatedly promised a roll-out of STRC counterparts but instead he launched STRE.
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China is sentencing pig butchering scammers to death
China has sentenced nearly 20 people, including members of prominent mafia families, to death over pig butchering scams in recent months.
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LLM crypto trading contest finds LLMs can’t trade crypto
Four out of the six large language models in the Alpha Arena crypto trading competition finished in the red.
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Strategy needs to pay $689M a year to not sell bitcoin
Strategy has to pay $689M to not sell any of its BTC, and those costs have increased every quarter since 2021.
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