Coinbase

Bitcoin treasuries get new valuation metric — MmC

Public companies holding BTC are employing a new magical valuation metric called “MmC,” or “mNAV months to cover.” Source link

Ripple’s Chris Larsen to fund police surveillance, drones in San Francisco

As part of the $9.4M gift, Ripple Labs will sublet a lavish office to the San Francisco Police Department’s drone surveillance unit for...

Ledger exec’s alleged kidnap mastermind arrested in Morocco

The 24-year-old allegedly organized the kidnapping and mutilation of David Balland, the co-founder of crypto wallet firm Ledger. Source link

ANALYSIS: Does the Circle IPO value Tether at $316B?

Circle’s upcoming IPO will provide a unique opportunity to value the world’s largest stablecoin issuer, Tether. Source link

No, California didn’t pass a law to seize your idle bitcoin

Misinformation about a California State Assembly vote affecting digital assets like BTC spread across social media this week. Source link

Bitcoiners are loving Elon Musk’s debt fallout with Trump

Bitcoin maxis think Elon Musk is “orange-pilling himself” after he attacked Donald Trump’s new bill that would raise the US debt by trillions. Source...

HTX withdraws $570M from Aave, briefly spikes lending rates

Justin Sun-advised HTX withdrew $570M from Aave, briefly spiking borrowing and lending yields, before depositing $600M back into the protocol. Source link

Mallers says no bitcoin rehypothecation at Strike — but what about re-pledging?

Customers concerned about Strike rehypothecating the BTC backing their loans have received a response from Jack Mallers. Source link

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Crypto PAC pours $5M into Texas runoff on May 26

A crypto PAC affiliated with Fairshake...

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Bitcoin Seizure Links Chinese National’s Binance Account to DOJ Case

Key TakeawaysFederal prosecutors seek forfeiture of bitcoin tied to alleged synthetic drug trafficking activity.U.S. investigators worked with Chinese...

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