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Coinbase

Coinbase

Jack Mallers drops BTC per share metric as Twenty One stock falls 84%

Mallers advertised Twenty One as a company that would increase BTC per share but it hasn’t disclosed any purchases since July. Source link
Claire Knox -
Coinbase

Iran’s central bank stacked $507M USDT last year, report

Iran gathered at least half a billion dollars worth of USDT last year to help bypass sanctions and boost its own currency. Source link...
Claire Knox -
Coinbase

Strategy manager wrong about BTC backing STRC

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

Saga becomes latest victim in DeFi hacking spree

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...
Claire Knox -
Coinbase

Celsius estate alleges TrueUSD firms gambled customer deposits

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

New X starter packs face backlash over crypto ‘scam’ accounts

Head of Product Nikita Bier added, and swiftly removed, a controversial crypto influencer from the platform’s new starter pack feature. Source link
Claire Knox -
Coinbase

Crypto sleuth links $500M in Iranian USDT to stolen Bybit funds

Crypto sleuth Tanuki42 claims the middle man selling USDT to Iran is also receiving USDT from DPRK wallets laundering Bybit funds. Source link
Claire Knox -
Coinbase

Strategy market cap down 40% after pivot from bonds to preferreds

Strategy preferreds were supposed to fix the problems with bonds, such as principal repayment, but instead they brought a raft of new issues. Source...
Claire Knox -
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