Decrypt

DeFi Network Thorchain Faces $200 Million in Toxic Debt—Here’s What’s Going On

Thorchain community members fear the protocol’s savers and lending programs have imperiled its future.Source link

Solana Horse Racing Game ‘Photo Finish Live’ Teams With BlockBet for Betting

Photo Finish Live is collaborating with betting platform BlockBet, enabling the CROWN token for wagers alongside a simulcast collab.Source link

Elizabeth Warren Takes Aim at Elon Musk’s DOGE: ‘A Venue for Corruption’

Senator Elizabeth Warren has suggested a long list of ways that Elon Musk's cost-cutting DOGE can save money—though she's deeply skeptical.Source link

MicroStrategy to Redeem $1 Billion in Debt as Bitcoin Stash Nears $50 Billion

MicroStrategy said that it’s taking measures to manage $1.05 billion in corporate debt accumulated while stockpiling Bitcoin.Source link

Congress Begins Investigating Crypto Debanking and Operation Choke Point 2.0

In a letter sent to crypto executives Friday, the chair of the House Oversight Committee announced an inquiry into alleged debanking.Source link