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MicroStrategy Q1 net loss hits $53.1M but Bitcoin buying spree continues

MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains from Bitcoin’s 65% price rally into account.

Tue Apr 30, 2024 03:03
Samourai Wallet co-founder pleads not guilty, released on $1M bond

The terms of Keonne Rodriguez’s bail prevent him from engaging in “any cryptocurrency transactions, directly or indirectly,” without prior approval from the court.

Tue Apr 30, 2024 00:58
Solana illustrates the dark side of monolithic blockchains

Modular blockchains might lead to a poor user experience, but — unlike Solana — they remain functional even during periods of high demand.

Tue Apr 30, 2024 00:49
Terraform proposes $1M penalty for SEC case, no relief or disgorgement

Lawyers for Terraform claimed that seeking disgorgement from the platform would involve the Luna Foundation Guard, a “non-party” in the SEC’s civil case.

Tue Apr 30, 2024 00:39
Crypto investment funds see $435M outflow as bull market stalls amid rising inflation concerns

Concerns over rising inflation and flat spot Bitcoin ETF inflows could be factors in the $435 million outflow from crypto investment funds last week.

Mon Apr 29, 2024 23:38
Eigenlayer releases EIGEN white paper, bans airdrop for US users

The EIGEN token will be used to form consensus around data that is off-chain but easily verifiable, such as whether someone won a bet or adequately stored data.

Mon Apr 29, 2024 23:08

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