Tether has about $4.8B in exposure to US stock markets
Tether has approximately $4.8B in exposure to US public markets through firms including Rumble and Twenty One.
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Stocks
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— Jensen Huang, nvda
LIVE: Jensen Huang resigns from Nvidia after affairs with spy, employee
Nvidia announced that it will have a new CEO after founder Jensen Huang reportedly had affairs with a Chinese spy and a direct report.
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— AI
Nvidia’s bad news is even worse for Oracle
Oracle’s stock is down 35% this year, and Nvidia news is only making things worse as investors brace for a potential junk downgrade.
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Goosehead accounting errors crash stock 18% in one week
Goosehead Insurance lost its membership in the multi-billion dollar stock club this week after restating three years of financials.
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— Rumble
Tether has about $4.8B in exposure to US stock markets
Tether has approximately $4.8B in exposure to US public markets through firms including Rumble and Twenty One.
Read more (6 min) →Crypto
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Trezor cuts reseller network by 80% after finding more spy implants
Crypto wallet firm Trezor cut its reseller network by 80% when it introduced stricter measures to protect its wallet supply chain.
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— Europe
Winklevoss twins sell UK and Europe Gemini operations, report
Gemini Space Station reportedly sold its UK and Europe operations to stablecoin firm KAST as part of cost-cutting measures.
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— Ledger
Ledger’s SDK snitched users’ transaction data and device info
A new code review shows Ledger’s own software development kit has been sending signing details and transaction metadata to Ledger servers.
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— Bob Lee
Cash App founder’s killer to appeal 16-year sentence, report
Nima Momeni will reportedly appeal his 16-year prison sentence for the murder of Cash App and MobileCoin founder Bob Lee three years ago.
Read more (2 min) →DeFi
More DeFi →
— Abracadabra, DAO
Abracadabra breaks its DAO to shut down protocol
Abracadabra DAO, which once held over $6B in TVL, is to be shuttered after a second vote on a “wind down” proposal with reduced quorum.
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Abracadabra blames hacks for shutdown amid ‘looting’ claims
Abracadabra proposed “an orderly wind down,” blaming security incidents that leave its stablecoin MIM with “no viable path back to parity."
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— Compound
Compound Foundation accused of ‘misappropriating’ DAO funds
The Compound Foundation has been accused of misusing funds to boost its voting power on two key proposals.
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— Bridge
DYORSWAP users tricked into sending 767 ETH to fake bridge contract
DYORSWAP users have lost a total of $2M in ETH after a fake version of UPbit’s GIWA chain was spun up by crypto hackers.
Read more (2 min) →Latest Charts
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Videos
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Justin Sun’s HTX has messed up reserves
HTX, the crypto exchange owned by Justin Sun, holds reserves that look very different to what customers might expect. In this video, we break down why this is. Much of…
How did Strategy buy 568,000 bitcoin
Strategy, formerly MicroStrategy, is the world’s largest corporate holder of BTC. In this video, we explain how Michael Saylor’s firm used mostly raised money rather than profits to pay for…
How Lazarus turned North Korea into a crypto hacking powerhouse
North Korea’s path to becoming a feared cyber threat starts at the end of the Korean War. This video traces how the isolated nation hacked, counterfeited, and murdered its way…