One of Worldcoin’s largest corporate holders now sits on a $207M loss after losing its primary source of cash
The June 30 loss was unrealized, but a $7.8 million credit-loss allowance and 109% share-count increase sharpen the capital-allocation test. The post One of Worldcoin’s largest corporate holders now sits on a $207M loss after losing its primary source of cash appeared first on CryptoSlate.
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TaoWeave promised to hoard TAO forever, but paying the bills just forced another crypto treasury sell-off of 3,959 TAO
The company expects further sales as needed, with no committed liquidity source independent of its digital assets. The post TaoWeave promised to hoard TAO forever, but paying the bills just forced another crypto treasury sell-off of 3,959 TAO appeared first on CryptoSlate.
A mysterious whale just funneled 6,494 BTC into Binance, triggering massive sell-off fears
The full confirmed balance was swept through transactions paying a historically Binance-attributed wallet, leaving customer deposit and internal staging unresolved. The post A mysterious whale just funneled 6,494 BTC into Binance, triggering massive sell-off fears appeared first on CryptoSlate.
TRON USDT supply hits $87.9B as transfers reach $2.1T in Q2: Messari
Messari reported that TRON recorded all-time highs in stablecoin supply and network activity during the second quarter, while DeFi and decentralized exchange activity declined.