MT. GOX JUST ASKED ITS VICTIMS FOR ONE MORE YEAR — SIXTH EXTENSION, TWELVE YEARS, AND $2.8 BILLION STILL SITTING IN A WALLET
A Tokyo court just moved Mt. Gox repayments to October 31, 2027 — the sixth extension. Roughly 34,400 BTC ($2.8 billion)...
HALF OF CRYPTO INVESTORS DID NOT KNOW SELLING WAS TAXABLE. CONGRESS IS ABOUT TO HAND THEM A 0% PENALTY GET-OUT WHILE YOU ALREADY PAID.
Section 502 of H.R. 10357 hands a 0% penalty to crypto traders who certify they didn't know the rules - and...
THEY PROMISED TO STACK BITCOIN FOREVER. THEN THEY HANDED 2,100 COINS TO A VIDEO GAME COMPANY.
Metaplanet just traded 2,100 BTC — about $172 million — for 93.7% of a shrinking Nasdaq gaming company. Its own stock...
BITCOIN MINERS SOLD 15,000 BTC TO ESCAPE INTO AI — MICROSOFT JUST WALKED AWAY, AND THE POWER WON’T BE READY UNTIL THE 2030s
Microsoft walked away from a UK AI data center run by Nscale, a bitcoin mining spin-off, after the grid said power...
THE BANKS JUST ADMITTED THEY HOLD A LEVER OVER STABLECOINS – AND BITCOIN HAS NO LEVER TO PULL.
A BIS working paper found that a one basis point rise in bank deposit rates slows stablecoin growth, cutting a typical...
BITCOIN REGULATOR SUED GEMINI AND GOT $5 MILLION – THEN TRIED TO DELETE THE CASE. THE JUDGE REFUSED.
The CFTC and Gemini jointly asked a judge to erase a $5 million Bitcoin futures settlement. Judge Hellerstein refused. The penalty...
SAYLOR ADMITTED IT: 98% BITCOIN BUCKLES – WALL STREET WANTS 3 YEARS OF CASH, NOT 30 YEARS OF BITCOIN
At ParaFi Investor Day, Saylor said credit buyers would rather see three years of dollars than thirty years of Bitcoin. His...
COBO IS KILLING ITS WALLET APP — LEAVE YOUR BITCOIN BEHIND AND IT WILL BILL YOU $100 A MONTH UNTIL THERE IS NOTHING LEFT
Cobo closes its wallet app on Dec 1 and charges 2% a month — minimum $100 — on the coins you...
THEY CALL BITCOIN “A LIMITED SUPPLY OF NOTHING.” WALL STREET JUST RATED THE AI BOOM ONE NOTCH ABOVE JUNK AND IS PAYING 8.5% FOR IT.
Anthropic, the company behind Claude, carries a BB+ junk credit rating from KBRA on $4.4 billion of junior debt yielding 8.5%...
BLOOMBERG SAID $75,000 WOULD PROVE HIM WRONG. BITCOIN IS AT $81,000 — SO HE JUST REPUBLISHED THE $10,000 CALL.
Bloomberg's Mike McGlone said holding above $75,000 would prove him wrong. Bitcoin is at $81,000. His answer: publish the $10,000 call...
Quick Reads
Self-Custody Needs a Node: Umbrel + Hardware Wallet
A hardware wallet holds your keys, but your node checks the rules. Pair it with Umbrel for real self-custody.
COINBASE COULDN’T KEEP CUSTOMER MONEY IN THE RIGHT ACCOUNT FOR FIVE YEARS — IRELAND FINED IT $3.6 MILLION, AND WASHINGTON STILL CALLS IT CUSTODY
Ireland's central bank fined Coinbase EUR 3.25 million for leaving customer money in the wrong accounts for five years. Coinbase says...