Strategy CEO Outlines Criteria for Bitcoin Sales

Phong Le, the CEO of Bitcoin treasury company Strategy, outlined conditions during an interview on Friday, under which the company would sell some of its Bitcoin holdings. The company will sell Bitcoin to pay the dividend on its Series A Perpetual Stretch Preferred Stock (STRC), a corporate credit instrument that pays…

How Iran’s biggest crypto exchange stays off the OFAC blacklist

Iran’s internet formally remained part of global routing, but user activity fell almost to zero. That points to a managed restriction on citizens’ access to the external network. Source: IODA.But in that digital darkness, one vital financial service continued to operate without interruption: Nobitex, a cryptocurrency exchange linked to Iran’s ruling elite.We compiled the available information about the platform and tried to understand how Iranian authorities use it, what investigations by analytics firms have revealed,…

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BTC Flash Crash Alerts Hit Revolut as Users Report Crypto Price Glitches

Revolut users reported that the app briefly displayed Bitcoin prices plunging to around $39,900 on Friday, while some traders also received notifications suggesting extreme price moves, including that BTC had reached a 52-week low of 2 cents.Users further reported on X apparent simultaneous price drops across multiple cryptocurrencies, including XRP…

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