The dominant narrative driving investor interest in Strategy (formerly MicroStrategy) has changed at least a dozen times over the past two years. In addition to a being financial reality for millions ...
Do Kwon, the founder and former CEO of Terraform Labs, has been sentenced to 15 years in prison for his role in the approximately $100 billion collapse in valuation of the Terra/Luna system, according ...
If cryptocurrency was an engine, Tether (USDT) is one of its pistons. Over the past seven years, the maverick stablecoin has evolved into a primary crutch for the ecosystem. It’s a tool for onboarding ...
mNAV speculation in public markets is back. Coined as a colloquial oversimplification in crypto lingo, mNAV means multiple-to-net asset value or the ratio of market capitalization to the crypto assets ...
Tether (USDT) is the world’s largest stablecoin. Commanding a $72 billion market capitalization, Tether’s peg has mostly remained $1 since its founding in October 2014. Tethers are backed by an ...
The basic multiple-to-net asset value (mNAV) per share of Strategy has fallen to a 19-month low. At just 1.21x,* the company’s common stock hasn’t traded at a worse basic premium to its bitcoin (BTC) ...
HTX, formerly Huobi, offers a ‘proof-of-reserves’ process meant to help assure users that it has the assets they need to be a solvent exchange. At one point, it even claimed that a third party would ...
TrustToken and TrueCoin have reached a $700,000 settlement with the US Securities and Exchange Commission (SEC) after being accused of defrauding investors of stablecoin TrueUSD (TUSD). The SEC’s ...
The evolution of cryptocurrency, from a niche libertarian tool for purchasing dark market goods to a trillion-dollar industry with ETFs and the largest frauds in generations, has been extraordinary to ...
The Federal Bureau of Investigation (FBI) and Securities and Exchange Commission (SEC) appear to be investigating popular Twitter spaces host and entrepreneur Mario Nawfal, following complaints of ...
A crypto startup looking to onboard new talent is attempting to weed out possible North Korean spies with an ingenious test that asks candidates to say one simple thing: “Fuck North Korea.” According ...
On July 31, MicroStrategy (MSTR) published explicit forward guidance, “We will not issue MSTR below 2.5x mNAV except to pay interest and dividends.” Fast forward to this morning, and founder Michael ...