Coinkite, maker of Coldcard hardware wallets, is under threat of class-action lawsuits after a bug in its seed generation code caused users to lose over 1,300 BTC, worth $88 million. Legal experts are divided on the company's liability, with some doubting regulatory responsibility while others see grounds for negligence claims. Victims worldwide are coordinating legal actions, but recovery prospects remain uncertain. The case could set important legal precedents for crypto hardware wallet makers.
Bitcoin mining revenue rose to $875.35 million in July, recovering $38.93 million from June's steep 23% drop that erased May's gains. Despite a slight 1.6% increase in Bitcoin's price over the past month, miner profit margins remain tight with hashpr...
The crypto market remained cautious this week, with Bitcoin and major altcoins trading in a risk-off mode while capital focused on select strong projects. Pump.fun (PUMP) led gains with over 37% rise, approaching key resistance, suggesting steady mom...
Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ) fell 6.1% in July while Apple, its largest holding, surged 15.23%. This underperformance is due to GPIQ's covered-call strategy, which caps gains by selling call options to generate monthly inco...
AstraZeneca is in talks with US rival Bristol Myers Squibb about a potential merger that could form one of the world's largest pharmaceutical companies valued at nearly $400 billion. The discussions have been ongoing for several months and may conclu...
After a major Coldcard hardware wallet hack involving over 1,359 BTC, an unusual onchain message publicly offered laundering services to the thief for a 10% fee. This message, embedded in the Bitcoin blockchain, signals a rare direct solicitation to ...
