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Celestia founder relives crashing CIA website and hacking Westboro Baptist Church in early years
Celestia founder relives crashing CIA website and hacking Westboro Baptist Church in early years

Quick Take Celestia founder Mustafa Al-Bassam has spoken about his earlier life as a member of hacker group LulzSec. He described his favorite hack, which took place while on a live radio show.

The Block·2024/01/15 17:08
Solana price decline causes spike in long liquidations
Solana price decline causes spike in long liquidations

Quick Take: The price of SOL has dropped by more than 8% in the past 24 hours, marking the largest decline among larger cryptocurrencies. Long positions were impacted the most, with over $6 million in SOL longs liquidated.

The Block·2024/01/15 17:08
Is altcoin season about to erupt?
Is altcoin season about to erupt?

Cryptodaily·2024/01/15 15:02
Layer 2 project Taiko launches final testnet ahead of planned mainnet release in Q1
Layer 2 project Taiko launches final testnet ahead of planned mainnet release in Q1

Quick Take: Taiko launched its final testnet, Katla, before its expected mainnet release by the end of Q1 2024. Katla introduces a new rollup design called multi-proof based contestable rollup, combining aspects of Optimistic and ZK-rollups.

The Block·2024/01/15 15:01
Flash
21:35
Elon Musk has reached nearly one third of his second $1 trillion goal
And after just two trading days, he has already achieved nearly one-third of his next trillion-dollar goal. According to the Bloomberg Billionaires Index, Musk's wealth climbed to 1.32 trillion dollars on Tuesday. This marks an increase of nearly 90% compared to his net worth of 696 billion dollars last Wednesday, which was the day before SpaceX priced its IPO at 135 dollars per share. Expand
21:18
According to documents submitted to the U.S. Securities and Exchange Commission (SEC), Matador Resources has confirmed that its borrowing base remains unchanged at $3.25 billion.
Meanwhile, the company successfully increased its total credit commitments to $2.75 billion. This move consolidates the company's financial flexibility, providing solid funding support for ongoing business operations and strategic investments. Maintaining the existing borrowing base indicates continued recognition by lenders of the company's asset value and creditworthiness, while the increased commitment amount further expands its available credit capacity. In the current complex and volatile energy market environment, strengthening liquidity reserves is crucial for independent oil and gas producers like Matador Resources. Adequate credit support will help the company seize potential growth opportunities and effectively respond to market fluctuations.
21:17
U.S. Intelligence: Iran Still Capable of Closing the Strait of Hormuz Again
On June 17, U.S. intelligence assessments indicated that Iran, after demonstrating relevant capabilities during conflicts, still has the potential to close the Strait of Hormuz again. Although a deal to reopen the Strait is anticipated, Tehran retains capabilities in missiles, drones, speedboats, and mine-laying, which could disrupt global energy transportation. Intelligence officials stated that Iran has gained leverage over this critical trade route and may use regional energy infrastructure as a tool for pressure.
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