One public crypto firm just staked its way to breaking even, but a $50M paper loss and 66% dilution threat tell a darker story

The token rewards roughly matched its non-GAAP cash-cost proxy but remained unsold as warrants for up to 33.5 million shares became exercisable. The post One public crypto firm just staked its way to breaking even, but a $50M paper loss and 66% dilution threat tell a darker story appeared first on CryptoSlate.
Coins in this story
Discussion
Related stories

CZ Warns Bitcoin Holders After $70 Million Wallet Exploit: 'Nothing Is 100%'
The Binance founder urged holders to spread funds across multiple wallets as Galaxy Research put the toll from the Coldcard exploit at roughly $70 million—nearly double the initial estimate.

The More Americans Know About AI, the Less They Like It: Gallup
Gallup says Americans are growing more skeptical of artificial intelligence, with rising concerns about job losses, businesses' use of the technology, and the technology’s growing impact.

A major Japanese Bitcoin mining pool just pulled the plug on its Bitcoin service just as 3 mega-miners claimed 60% of the network
The leaders were already dominant before the cutoff, and aggregate data do not identify a destination for SBI’s lost pool hashrate. The post A major Japanese Bitcoin mining pool just pulled the plug on its Bitcoin service just as 3 mega-miners claimed 60% of the network appeared first on CryptoSlate.