Headlines

Michael Saylor faces fresh legal threat as Strategy stock tumbles

Michael Saylor has faced renewed legal pressure after a shareholder rights firm opened an investigation into Strategy, adding to mounting scrutiny that has accompanied the company’s sharp stock decline and Bitcoin’s latest selloff. Summary Rosen Law Firm has launched an investigation into Strategy over potential securities claims and is preparing a possible shareholder class action….

Read More

what a special arrangement means

Asked on a podcast whether XRP holders could receive equity in a Ripple public offering, Brad Garlinghouse nodded and floated a “special arrangement.” It was vague, unpromised, and electrifying to a community starved for catalysts. Here is what it could actually mean, and what it almost certainly cannot. Summary Garlinghouse hinted at a possible “special…

Read More

Bithumb fined as South Korea cracks down on crypto user data

South Korea’s Personal Information Protection Commission has ordered Bithumb to pay 210 million won, or about $136,000, for breaching overseas personal information transfer rules.  Summary Bithumb’s privacy fine adds fresh pressure as Korean regulators tighten checks on overseas exchange transfers. The case shows order-book sharing can trigger data rules when member details move abroad without…

Read More

Crypto News Today (June 25): BTC Crashed Below $60K, Already Back to $61K, More Binance EU Licence Drama, and Standard Chartered Calls for AAVE to Hit $3,500

In crypto news today (June 25), BTC USD crashed below $60,000 late yesterday but has since recovered to $61,500, with nearly $1Bn in liquidations piling up and $780M of that $994M figure coming from long positions. The Bitcoin crash coincided with ETF flows seeing $469M exit the various BTC funds, the largest day of outflows…

Read More