Hacks Bearish
Zilliqa points to hardware wallet flaw discarding entropy to expose crypto keys, enabling 683M ZIL theft
The post-mortem says 683.13 million ZIL was proven stolen while the bulk scan omitted the four-signature floor.
Sentiment: Negative
Latest stories
Hacks Bearish
Chain shutdown strips BounceBit token utility after authorization flaw exposes 286M tokens
The 1:1 reissue preserves units while gas, staking, rewards and governance wait for a new economic role.
Analysis Bearish
XRP crashes 37% in one Bitstamp wick while the wider market tells a different story
Kraken and OKX showed far smaller ranges, and $3.66 billion in XRP open interest remained after the liquidation wave.
AI Bearish
Cleaning firm dumps Dogecoin to fund $100M AI pivot amid stock dilution warning
The company had 502.1 million shares outstanding on Aug. 20, while conditional offering warrants cover another 524.2 million.
Hacks Bearish
EVM network halts block production after supply exploit as TON connection remains dark
The validator-coordinated response is broader than TAC's May bridge containment, but the project has not disclosed the affected supply or a restart timetable.
Mining Bearish
Bitcoin miner IPO demands 99.8% of funds from public buyers while handing them just 10% equity
The preliminary S-1 compares $30,000,005 from new investors with $45,000 from existing holders and leaves buyers immediately diluted.
Earnings Bearish
How a $20M crypto payout left a micro-cap firm with under $83K in usable cash reserves
The August 21 filing said 205,512.5 tokens remained unmonetized, with their receipt-date fair value still unresolved.
Governance Bearish
Layer 1 network dilutes supply by 75% overnight to fund survival after main developer quits
The executed mint reduced the proposal’s pre-existing supply base to about 25.1% of its estimated post-mint total.
Wallets Bearish
Coldcard now requires 65 key presses after seed exploit, while exposed funds still must move
Firmware 5.6.1 and 1.5.1Q harden new wallet creation but cannot repair a seed made on an affected release.
ETF Bearish
Grayscale’s Zcash ETF filing proposes a 2.5% fee and a potential 34% DCG stake
Under a June 30 snapshot, a nonbinding 200,000-ZEC contribution would give DCG International about 34% of the enlarged fund.
Technology Bearish
Reaching instant 27ms validation on Bitcoin will take 17 GPU years of compute power
Hazync’s developer reports millisecond verification for blocks 1 through 1,789, while the full-chain proving campaign remains unfinished.
Payments Bearish
Inside transfer wipes out $1M executive debt as crypto firm offloads payments business without independent valuation
The Aug. 21 filing lists $1 million of liability relief and a 160,000-share warrant as consideration, while pro forma financials remain outstanding.
