Criptor

Strategy (formerly MicroStrategy) released Q3 earnings yesterday, spending vast amounts of time on its newest, most complex (and relatively small) preferred stock, a quasi-pegged STRC that its founder somehow believes will come to serve 1 billion people. Based on the 6% gain in its stock price at this morning’s open, it would be easy to conclude that yesterday’s earnings call for Strategy went well. However, reducing that figure by 7% for its single-day loss during yesterday’s trading session, n...

Protos

3 days ago

George Cottrell, a major advisor to Reform UK leader Nigel Farage, is the mysterious the whale behind a number of key Donald Trump-related Polymarket bets, according to crypto researcher ZachXBT. Cottrell, who was previously convicted of wire fraud in the United States, has been described by Farage's team as an unpaid volunteer but often travels with Farage to campaign stops. Farage had previously described Cottrell as "like a son to me." Cottrell's alleged address had previously used Polymarket...

Protos

3 days ago

Former Evolve Bank and Trust CEO Robert Hartheimer has reportedly been arrested for possession of child pornography, and also faces charges related to the buying and selling of children, according to fintech journalist Jason Mikula. The loss of yet another CEO comes at a difficult time for the Arkansas-based bank, which has been struggling since dramatic financial issues with Synapse Financial Technologies began last year. Evolve's previous CEO left after it received a cease and desist letter fr...

Protos

3 days ago

Yesterday’s $11 million hack of bitcoin (BTC) bridge Garden was met with little sympathy from the crypto community, following allegations of its profiting from the proceeds of other hacks. Acknowledging the incident, the team insisted that the protocol itself wasn't hacked. Instead, one of its “solvers” was compromised, with losses “limited to the solver’s own inventory.” However, on-chain evidence points to the solver being run by the Garden team and blockchain investigators have accused the te...

Protos

3 days ago

A Ukrainian man accused of using the Conti ransomware for cryptocurrency extortion was extradited from Ireland to the US yesterday to begin legal proceedings in Tennessee, according to the US Justice Department. Oleksii Oleksiyovych Lytvynenko was arrested and charged in 2023 for conspiring to infect people’s computers, encrypt their data, and hold it for ransom. The 43-year-old and his co-conspirators allegedly extorted over $500,000 worth of crypto from two victims in Tennessee and shared a th...

Protos

3 days ago

At 5pm today in Virginia, Strategy (formerly MicroStrategy) founder Michael Saylor will present his company’s earnings as of the third quarter (Q3) 2025 and beyond any unexpected surprises, investors are looking for answers to several questions. First, they would appreciate an update on the company’s re-application for its common stock (MSTR) to join the S&P 500 index and benefit from that index’s multi-trillion dollar passive flows. On September 5, the committee overseeing the S&P 500 index dec...

Protos

4 days ago

Founder and former CEO of Binance, Changpeng Zhao, has for the past week been locked in a war of words and threats with Massachusetts Senator Elizabeth Warren. The back and forth has the senator referring to the cryptocurrency entrepreneur as a “money launderer” and suggesting, “If Congress does not stop this kind of corruption (the pardoning of financial criminals), it owns it." Meanwhile, a lawyer for Zhao told the New York Post, “Mr. Zhao respectfully immediately requests the retraction of th...

Protos

4 days ago