ZeroStack warns of survival risk amid $83M loss as 0G holdings crater 91%
ZeroStack’s crisis highlights the peril of over-reliance on volatile crypto assets, urging investors to scrutinize revenue models and asset concentration. The post ZeroStack warns of survival risk amid $83M loss as 0G holdings crater 91% appeared first on Crypto Briefing....
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Coldcard Wallet Attacks Enter Fourth Wave, Putting 449 BTC at Risk
A suspected fourth wave of attacks targeting vulnerable Coldcard-generated Bitcoin wallets may already be underway, with blockchain researcher Alex Thorn warning on August 3 that almost 449 BTC had been swept from hundreds of addresses in about two and a half hours. The latest activity, which was still unfolding...
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Coldcard exploit sparks call for independent audits: Kraken CSO
Coldcard’s five-year seed-generation flaw has renewed calls for independent testing of hardware wallet firmware after suspected attacks have drained nearly $90 million worth of Bitcoin from thousands of wallets. Kraken chief security officer Nick Percoco said in a post on…...
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Trump calls off planned attack on Iran, expects deals on Strait of Hormuz and nuclear program
Trump’s repeated military cancellations signal a shift towards diplomacy, impacting global oil markets and investor risk perceptions. The post Trump calls off planned attack on Iran, expects deals on Strait of Hormuz and nuclear program appeared first on Crypto Briefing....
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The Smarter Web Company adds 11.89 Bitcoin to treasury, now holds 2,712 BTC
The Smarter Web Company’s Bitcoin strategy heightens financial risk, relying on market rallies and interest rate stability for profitability. The post The Smarter Web Company adds 11.89 Bitcoin to treasury, now holds 2,712 BTC appeared first on Crypto Briefing....
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XRPL Foundation Director Warns Of Fake XRP Holder Tiers Scam
An XRPL Foundation community director has warned users about a fake “XRP Holder Tiers” announcement designed to trick holders into connecting wallets and potentially losing funds. Public scam-warning materials identify the warning as coming from Hussein Zangana, known as “Vet,” who serves as Director of Community at the XRPL...
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Luno blocks some crypto transfers before Aug. 31 deadline
Luno has stopped crypto transfers for some users, leaving Aug. 31 as the final bank withdrawal deadline before Sept. 1 closures....
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Shein evaluates cost reset for late-stage investors ahead of Hong Kong IPO as valuation craters 60%
Shein’s valuation drop and cost reset highlight challenges in sustaining investor confidence amid slowing growth and regulatory hurdles. The post Shein evaluates cost reset for late-stage investors ahead of Hong Kong IPO as valuation craters 60% appeared first on Crypto Briefing....
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HashKey Exchange approved by JPMorgan to open client money account
JPMorgan’s approval of HashKey’s client money account enhances trust in Hong Kong’s crypto market but highlights risks of market concentration. The post HashKey Exchange approved by JPMorgan to open client money account appeared first on Crypto Briefing....
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Global investors dump $13 billion in South Korean stocks but keep buying chipmakers
The selloff highlights the volatility in tech-driven markets and underscores the risks of leverage, while chipmakers remain a strategic focus. The post Global investors dump $13 billion in South Korean stocks but keep buying chipmakers appeared first on Crypto Briefing....
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