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MicroStrategy's Bitcoin portfolio surpasses $20B, ROI now over 100%

[Nov 11 1:55 AM] The Bitcoin stacking firm has bought Bitcoin 42 times at a dollar cost average of $39,292, according to Bitcoin Treasuries data.

Top Polymarket whale profits $20M from Trump victory

[Nov 6 11:32 AM] The five largest Trump bettors could stand to win a combined $81 million in profit.

Crypto trader profits $9M in 3 days, hits 3,000x return on investment

[Oct 20 9:55 AM] The unknown crypto trader only invested $3,000 into a new Solana-based memecoin before its price rally.

Tether Posts $5.2 Billion Profit in First Half of 2024

[Jul 31 5:30 PM] Tether Holdings Limited reported a record-breaking net profit of $5.2 billion for the first half of 2024, according to its latest assurance opinion for the second quarter. The report, conducted by BDO, highlighted Tether’s increased exposure…

Crypto bank Sygnum posts profit after doubling crypto trading volumes

[Jul 24 8:40 PM] Signum Bank says it's now eyeing further expansion into the European market, aiming to become fully MICA compliant by the first quarter of 2025.

Bitcoin miner TeraWulf is open to merger but not for ‘empire building’

[Jul 7 7:45 PM] Expanding the number of Bitcoin machines or facilities “makes no sense” if profitability margins don’t increase, TeraWulf’s Kerri Langlais stressed.

Inverse futures contract, explained

[Jun 13 2:30 AM] Inverse futures contracts are a type of derivative where traders use the underlying cryptocurrency (like Bitcoin) as collateral but settle profit/loss in a stablecoin (like USDT).

Base TVL surges to $8B just days after overtaking OP Mainnet

[Jun 9 10:42 PM] Base has topped Ethereum layer 2 leaderboards by transaction count and has been the most profitable Ethereum scaler for three consecutive months.

Jack Dorsey’s Block to use 10% of Bitcoin profit to buy BTC every month

[May 2 5:52 PM] Block, Inc. co-founder Jack Dorsey told shareholders its Bitcoin-buying plan, saying its an “investment in a future where economic empowerment is the norm.”

Yearn.finance pleads arb traders to return funds after $1.4M multisig mishap

[Dec 13, 2023 6:08 PM] A Yearn contributor said the value lost came from “strictly protocol owned liquidity” in the protocol’s treasury and that customer funds weren’t impacted.

Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say

[May 3, 2023 4:00 AM] Bank of Russia raised its forecast for the profits of Russian banks in 2023, expecting results that may break the 2021 record. This year’s high numbers are coming after 2022 became the worst annual period in seven years for the sanctioned Russian…

Rogue Validator Exploits MEV Bots on Ethereum, Resulting in $25.3M in Crypto Losses

[Apr 4, 2023 8:00 AM] On April 3, 2023, at Ethereum block height 16,964,664, a group of MEV (Maximal Extractable Value) bots were exploited for $25.3 million. An analysis of the exploit revealed that a renegade validator switched the MEV bots’ transactions and…

Crypto Economy Swelled 80,466% Since 2013, Despite $1.5 Trillion Loss in 2022 Downturn

[Mar 1, 2023 9:00 AM] Nine years and nine months ago, on May 9, 2013, coinmarketcap.com recorded 14 cryptocurrency assets, and bitcoin’s overall valuation was $1.24 billion, with 11.13 million bitcoins in circulation at the time. Today, the same website indicates…

Block’s Q4 Bitcoin revenue down 7% on crypto price decline

[Feb 23, 2023 7:40 PM] Block Inc. outperformed analyst expectations and saw its share price jump in after-hours trading, but its Bitcoin revenue dipped due to price declines.

Payments provider Affirm to sunset crypto program after 19% staff cut

[Feb 8, 2023 9:49 PM] Users will not be able to buy Bitcoin after Mar. 2, and the “Affirm Crypto Program” will officially shut down on Mar. 31.

Defi Lending Sector Experiences Major Shake-Up: 71% of Total Value Locked Evaporates in 12 Months

[Jan 17, 2023 12:30 PM] Decentralized finance (defi) has continued to remain deeply ingrained in the cryptocurrency economy as the ecosystem provides users with a non-custodial way to exchange digital assets, lend cryptocurrencies, issue stablecoins, and ways to profit…