The Coldcard wallet exploit estimates have almost doubled to $70 million stolen of just over a thousand Bitcoins in 1,196 wallets drained in 41 minutes
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About Stephen Gunnion Stephen Gunnion is a senior financial journalist and broadcaster at Proactive Investors. He has more than 25 years of experience in television, radio and print media, anchoring on a number of television channels including South Africa’s Business Day TV, CNBC Africa and the South African Broadcasting Corporation, where he was the economics…
The trust behind reimbursing creditors with ties to defunct cryptocurrency exchange FTX announced that its next distribution of funds would start on July 31. In a Friday notice, the FTX Recovery Trust and crypto exchange said that they would distribute about $900 million to claimants in the recovery plan’s “convenience and non-convenience classes.” Eligible creditors…
Coinbase product executive Jordan Fish, better known as Cobie, said the company has become too distant from crypto-native users as questions grow over trust in the Base ecosystem. Summary Cobie says Coinbase lost touch with crypto-native users after avoidable mistakes damaged trust across Base. Base App leadership shifted to Cobie as Coinbase refocuses product on…
Crypto’s largest tokens were close to unchanged on Thursday as the semiconductor selloff that has driven markets for two weeks showed its first real sign of easing. Ether traded at about $1,905 and bitcoin at $64,100, both flat on the day, with XRP at $1.07, solana at $74, BNB at $572 and TRON at 33…
For years, crypto investors have touted XRP (CRYPTO: XRP) as a potential millionaire-maker. Despite a few brief flashes of brilliance, XRP has continually overpromised and underdelivered. It still trades for a paltry $1. So is there still a chance that XRP has millionaire-maker upside? Let’s take a closer look. Missed Nvidia in 2009? This Rare…
The token, which was once within the top 20 alts by market cap, is now out of the largest 150. After warning the community a couple of weeks ago about potential issues around the LAB token, popular blockchain investigator ZachXBT claimed now that wallets funded by its creators dumped millions of coins. This has…