Informed Crypto News

Informed Crypto News

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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.

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.

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.

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.

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.

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.

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.”

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.

‘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 or his guilty plea.

Bitcoin mining industry mostly uninterested in spam controversy

While many Bitcoiners have gone to war over the use of node-level “spam” filters, those in BTC mining have stayed in their lanes, unbothered.

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