by Michael
Key TakeawaysBinance’s estimated $10.7 billion bill for fines and hack losses equals around 56% of its estimated 2021–2025 pre-tax profits.The exchange has paid $4.34 billion in known fines and had $6.38 billion stolen in major hacks, though a substantial chunk of the...
by Michael
Key TakeawaysThe latest purchase comprised 124 BTC at an average cost of $80,526 per coin.SATS preferred shares generated all weekly at-the-market proceeds.Strive CIO Ben Werkman emphasized restraint and long-term value for shareholders. Bitcoin Holdings Reach 43,124...
by Michael
Key TakeawaysBitcoin fell below $77,000 on Monday as the Binance hack continued to weigh on investor confidence.Crypto liquidations reached $256 million, while Binance reported 100% backing for major assets.Bitget Wallet’s Alvin Kan warned that the $6.3 billion...
by Michael
Key TakeawaysTwelve more companies, including Nvidia, Costco, Nike, Reddit, and CrowdStrike, have objected to OKXICE’s tokenized stocks plan, bringing the total to 50 of the 63 originally targeted companies.Nearly 80% of targeted firms have now objected, joining major...
by Michael
Key TakeawaysBitmine reached 99% of its ether accumulation goal, purchasing another 8,573 ETH to bring its holdings to 6.06 million tokens, worth approximately $13.7 billion.Chairman Tom Lee downplayed the market impact of the Binance hack, arguing that ether’s... Translate »