Strategy is billions underwater and STRC is cracking. Is Saylor’s model breaking?
Strategy is roughly $12 billion underwater on its Bitcoin, its stock has fallen below its net asset value, and its STRC preferred shares have crashed...
Tag : Billions
DOJ Seizes Huione Infrastructure Linked to Billions in Crypto Laundering
In brief The U.S. Justice Department seized a cloud computing account that hosted backend infrastructure for subsidiaries of Cambodia’s Huione Group, which it called “one...
SpaceX Surge Could Be Worth Billions for FTX—Will Creditors Benefit?
In brief SpaceX’s stock surge following last week’s IPO could benefit FTX creditors, as the defunct crypto exchange took a stake before its collapse. Some...
World Cup Could Bring Billions in Volume to Prediction Markets in 'Watershed Moment': Bernstein
In brief The 2026 World Cup is projected to generate up to $10 billion in consumer sports betting and prediction market trading volume, Bernstein said....
Zcash Crash Just Wiped Billions From the Privacy Coin's Market Cap—Can ZEC Recover?
In brief The price of Zcash crashed more than 40% following the discovery of a vulnerability that could have led to counterfeit ZEC minting. Whether...
North Korea ‘industrialized’ crypto theft, laundered billions: CertiK
CertiK says North Korea-linked hackers stole about 60% of the value lost to crypto hacks in 2025, with proceeds used to help fund the regime’s...
Clarity Act and Crypto Tax Loophole: White House Billions Dollar Proposal
Besides the Clarity Act, the White House’s 2026 budget proposal targets the wash sale loophole that lets crypto traders harvest losses and immediately rebuy. It’s...
Meta Agrees to Deploy Millions of Amazon AI Chips in Deal Worth Billions
In brief Meta signed an agreement with Amazon Web Services to deploy tens of millions of Graviton5 processors for AI workloads. AWS VP Nafea Bshara...
New York Sues Coinbase and Gemini Over Prediction Markets, Seeking Billions in Damages
The state of New York filed a pair of high-stakes lawsuits Tuesday against Coinbase and Gemini, arguing the crypto companies violated state gambling laws by...