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Strategy Hit With Class Action Over Bitcoin—Saylor Named in Lawsuit


Strategy is facing a purported class action lawsuit accusing it of misleading investors on the risks and profitability of its aggressive bitcoin strategy during a critical growth phase. Class Action Lawsuit Alleges Strategy Misled Investors on Saylor’s Bitcoin Push Software intelligence firm...

Strategy adds 7,390 BTC for $765M, gets hit with class-action lawsuit


Strategy, formerly MicroStrategy, the top corporate Bitcoin holder, acquired nearly $765 million of Bitcoin last week. The purchase came as the company faced a class-action lawsuit.According to a May 19 announcement, Strategy acquired 7,390 BTC for about $764.9 million at an average price just...

Strategy buys 7,390 BTC for $765M, gets hit with class-action lawsuit


Strategy, formerly MicroStrategy, and the top corporate Bitcoin holder, acquired nearly $765 million of Bitcoin last week. The purchase comes as the company faces a class-action lawsuit.According to a May 19 announcement, Strategy acquired 7,390 BTC for about $764.9 million at an average price just...

Coinbase hit with wave of lawsuits over customer data breaches


Coinbase has been hit with a flood of lawsuits after it recently disclosed its user data was breached, with users accusing the crypto exchange of mishandling the incident.At least six lawsuits were filed against Coinbase between May 15 and May 16, which all made various claims that the exchange...

Coinbase hit with wave of lawsuits over customer data breaches


Coinbase has been hit with a flood of lawsuits after it recently disclosed its user data was breached, with users accusing the crypto exchange of mishandling the incident.At least six lawsuits were filed against Coinbase between May 15 and May 16, which all made various claims that the exchange...

Arthur Hayes: Bitcoin to Hit $1M Amid Capital Flight, US Treasuries Crash


Arthur Hayes predicts an unstoppable surge for bitcoin as collapsing U.S. treasuries and capital repatriation fuel a global flight into BTC, targeting $1 million. Arthur Hayes: Capital Repatriation and Treasury Collapse Will Push Bitcoin to $1 Million Arthur Hayes, chief investment officer...

Uniswap becomes first DEX to hit $3T in all-time volume


Decentralized exchange Uniswap has hit a whopping $3 trillion in aggregate all-time volume, the first decentralized exchange to hit the number. Uniswap founder Hayden Adams noted the achievement in an X post on May 12, which included a screenshot of a Dune Analytics dashboard counting down...

Bitcoin yet to hit $150K because outsiders are ghosting — Michael Saylor


Strategy founder Michael Saylor says Bitcoin hasn’t reached $150,000 yet because holders without a long-term outlook have been selling off while a new cohort of investors are beginning to enter the market.“I think we’re going through a rotation right now,” Saylor said on...

Bitcoin yet to hit $150K because outsiders are ghosting — Michael Saylor


Strategy founder Michael Saylor says Bitcoin hasn’t reached $150,000 yet because holders without a long-term outlook have been selling off while a new cohort of investors are beginning to enter the market.“I think we’re going through a rotation right now,” Saylor said on...

Hacken CEO sees ‘no shift’ in crypto security as April hacks hit $357M


Despite the $1.4 billion lost in the recent Bybit hack, crypto companies have not changed their approach to cybersecurity, according to Hacken CEO Dyma Budorin. In an interview with Cointelegraph at the Token2049 event in Dubai, Budorin said the industry continues to rely on limited measures...

Hacken CEO sees ‘no shift’ in crypto security as April hacks hit $357M


Despite the $1.4 billion lost in the recent Bybit hack, crypto companies have not changed their approach to cybersecurity, according to Hacken CEO Dyma Budorin. In an interview with Cointelegraph at the Token2049 event in Dubai, Budorin said the industry continues to rely on limited measures...

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