How a $20M crypto payout left a micro-cap firm with under $83K in usable cash reserves

The August 21 filing said 205,512.5 tokens remained unmonetized, with their receipt-date fair value still unresolved. The post How a $20M crypto payout left a micro-cap firm with under $83K in usable cash reserves appeared first on CryptoSlate.
Coins in this story
Discussion
Related stories

Coldcard now requires 65 key presses after seed exploit, while exposed funds still must move
Firmware 5.6.1 and 1.5.1Q harden new wallet creation but cannot repair a seed made on an affected release. The post Coldcard now requires 65 key presses after seed exploit, while exposed funds still must move appeared first on CryptoSlate.

Fed study finds crypto investors driven by beliefs, easily swayed by returns
A Federal Reserve Bank of Cleveland study finds crypto investors hold sharply different views on returns and risk, while information about Bitcoin’s past gains can increase both desired allocations and actual crypto purchases.

The US approved high-leverage Bitcoin trading while crypto founders remain legally blocked from raising funds
On May 29, the CFTC approved a Bitcoin perpetual contract for a regulated US exchange. Almost three months later, on Aug. 18, the SEC proposed a legal route through which crypto projects could someday raise money from the public under rules written for token networks. That's a pretty unusual order in which Washington…