It’s not 2022 anymore: What Strategy’s first bitcoin sale can (and can’t) tell us about this one
Michael Saylor’s Strategy has evolved into a far more complex bitcoin-finance machine since it last sold BTC three and half years ago.
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Ethereum’s Vitalik Buterin is rethinking how DeFi handles market crashes
In a research post published Monday, Buterin proposed creating index-tracking assets using options contracts rather than the debt-based structures that underpin much of DeFi today.
Michael Saylor breaks silence after Strategy sells $2.5 million in bitcoin
Michael Saylor says Strategy aims to make STRC the world’s best credit instrument after the company sold bitcoin to help fund preferred stock distributions
Strategy sparks panic with bitcoin sale, but analysts say it was ‘immaterial’
The move suggests a greater willingness on the part of Michael Saylor and Strategy to use BTC holdings to support the capital structure, said one analyst, while others disagreed.
Strategy’s bitcoin sale sparks a $14 million betting chaos on Polymarket
The 8-K filing by Strategy Monday disclosed sales for the period May 26 to May 31, but the disclosure was issued on June 1. Polymarket’s May 31 contract is sitting at 81% Yes and in review, while bettors argue over whether the onchain transactions or the filing date controls.
Citi predicts the tokenized securities market will grow to $5.5 trillion by 2030
Stablecoins alone will generate a demand for up to $1 trillion worth of onchain U.S. Treasury bills and $2.6 trillion for tokenized stocks, said Citi.
Whitehat developer unlocks $2 million stuck in a 2016 Ethereum ICO contract for nine years
0xflorent, a security researcher, found an integer-overflow flaw in the HongCoin token sale contract that lets the team unlock funds for 48 original investors. It is the second such recovery he has publicized in eight days.
XRP drops to $1.32 as sellers overpower exchange outflows
XRP hit a 15-week low before stabilizing, with traders watching whether the latest washout turns into a base or another leg lower.
Three Sui mainnet halts in 48 hours traced to an upgrade bug by developers
The Sui Foundation’s post-mortem published Sunday traces all three outages to interactions between a new address-balance feature shipped in the v1.72 release and the network’s existing gas and consensus logic.
Bitcoin extends slide as spot ETF outflows hit a record while Wall Street rips on AI
U.S. spot bitcoin ETFs lost $2.97 billion across 10 trading days through Friday, the longest outflow streak on record. Oil’s bounce on the stalled Iran deal added pressure even as global equities hit new highs on the Nvidia and SoftBank AI trade.