Rubby

@ruutti

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6 Followers

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Celsius sues Tether for $2.4 billion in BTC

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A U.S. court ruled that Ripple (XRP) violated securities laws, but fined it $125 million instead of $2 billion

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Funny how every major crypto company with big profits ends up running a venture capital fund that invests in other crypto companies, but tether just buys BTC llamao

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Tether's report for the second quarter of 2024 has been published. Another great quarter. A brief summary as of June 30, 2024: $1.3 billion in net operating income. A $520 million increase in Tether group equity, bringing the total to $11.9 billion. $5.33 billion in excess reserves Over $97.5 billion in U.S. Treasuries (direct + indirect exposure), an increase of about $7 billion from the previous quarter, a new all-time high. This achievement puts Tether's exposure to Treasuries higher than that of Germany, the United Arab Emirates, and Australia. While China and other countries have recently been net sellers of U.S. Treasuries, Tether ranked 18th in the ranking of countries holding U.S. debt

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The Altlayer team has added a six-month cliff after the first ALT token split, which will occur on July 25th

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LayerZero have released the final list of sibil-hunters

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An ethical way to mitigate the impact of indiscriminate tourism is to make an effort, to make a small investment in learning the local languages of the places you visit. Locals take it as a sign of respect when you try to speak their language, even if you do it poorly.

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The German government isn't just selling confiscated #Bitcoin to get a few extra billion dollars in the bank. To them, it's change. It's a test. They want to assess Bitcoin's financial stability and security by testing how much "real" demand there is. Hint: not very! Considering that $BTC is already down nearly 25% when they barely started, and nearly 48% of orders are being rejected due to not enough buyers, it's safe to say that Bitcoin is failing this test. But we already knew it would. It's no secret that this entire market is backed by fraudulent Chinese exchanges and stablecoins.

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It's crazy to see how many people think they are entitled to historic highs at this point in the cryptocurrency cycle. Bitcoin's halving occurred just 75 days ago. In the previous two cycles, bull market peaks came more than 500 days after the BTC halving. Many people are not paying attention to this.

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Aptos (APT) has introduced Aptos Connect, a solution that allows you to connect to Web-3 services on Aptos using mail

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While the market is raging, I suggest we take a break🙏

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The Worldcoin project team dumped $50M+ token on OTS at $1$-3$ ($10B-$30B) earlier in 2024 At the same time, the team blocked all OTS sales from investors. According to the OTS platform Stix's funder

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I'll be writing important, useful news👍

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The SEC sued Silvergate. The company agreed to pay a $50 million fine without admitting guilt

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GameStop securities fraud lawsuit against Keith Gill Roaring Kitty has been withdrawn

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TVL Pendle (PENDLE) fell 40% in 2 days (from $6.2 billion to $3.7 billion)

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