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Why is Tether 213% bigger than Circle but 8,000% more profitable?
Why is Tether 213% bigger than Circle but 8,000% more profitable?

Circle has filed to go public and admits that it is 98% less profitable than Tether despite sharing a similar business model.

1 year ago

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Justin Sun bailed out $500M stablecoin TUSD, report
Justin Sun bailed out $500M stablecoin TUSD, report

Filings reveal that Techteryx, the firm behind TrueUSD, required a loan from Justin Sun after its reserves got stuck in First Digital Trust.

1 year ago

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Binance token listing no longer a ‘bullish’ event, research
Binance token listing no longer a ‘bullish’ event, research

According to new research, the 27 tokens listed by crypto exchange Binance this year have seen an average loss of 44%.

1 year ago

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$38 trillion in US brokerages still restricted from bitcoin, report
$38 trillion in US brokerages still restricted from bitcoin, report

Of the $68T worth of assets in 10 major US brokerages, a majority might still be restricted from investing in BTC products.

1 year ago

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Tether, MicroStrategy bought billions, yet bitcoin keeps falling
Tether, MicroStrategy bought billions, yet bitcoin keeps falling

Tether has been minting USDT and buying bitcoin. MicroStrategy, Trump and others have bought more but why does the price keep crashing?

1 year ago

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Coinbase employee may have accessed user data for phishing
Coinbase employee may have accessed user data for phishing

A screenshot of Coinbase’s email to The Block co-founder reveals an employee may have broken company policy by accessing his account data.

1 year ago

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WIF fundraiser says Vegas Sphere refunds will start on April Fools
WIF fundraiser says Vegas Sphere refunds will start on April Fools

A WIF Las Vegas Sphere fundraiser claims a $700,000 refund will begin today for its investors, but is it just an elaborate April Fools joke?

1 year ago

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Someone stole the stolen money from ZKLend
Someone stole the stolen money from ZKLend

A hacker hacked the hacker of DeFi project ZKLend in a multi-million dollar scam that followed the shape of an ouroboros.

1 year ago

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ICERAID, a “crypto fascist” site, pays snitches
ICERAID, a “crypto fascist” site, pays snitches

ICERAID is being compared to fascist states after users learned it was offering crypto incentives to snitch on undocumented immigrants.

1 year ago

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MicroStrategy bought 2.6% of circulating bitcoin at $67,458 apiece
MicroStrategy bought 2.6% of circulating bitcoin at $67,458 apiece

MicroStrategy and its founder have amassed over 2.7% of all circulating bitcoin. They are up billions on the trade so far.

1 year ago

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