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Elon Musk’s SpaceX (SPCX) tops earnings as bitcoin (BTC) holding value drops by $540 million

Elon Musk’s SpaceX (SPCX) tops earnings as bitcoin (BTC) holding value drops by $540 million

1 month ago by Crypto InsightsCrypto

SpaceX (SPCX), Elon Musk’s space technology company, reported its first quarterly results as a public company on Tuesday, announcing second-quarter revenue of $7.8 billion. That figure topped Wall Street expectations of $6.9 billion, while narrowing its quarterly loss to $541 million as growth accelerated across… Read More

Samsung is bringing stablecoins to 800 million phones in a massive crypto bet

Samsung is bringing stablecoins to 800 million phones in a massive crypto bet

1 month ago by Crypto InsightsCrypto

“By doing so, Samsung Wallet becomes the foundation for an interconnected financial ecosystem across Galaxy devices and services — where it combines payments, rewards, and digital assets into a single unified experience,” he said. If it follows through, over 800 million would potentially have access… Read More

U.S. FBI intelligence agent arrested in connection with theft of $1 million in crypto

U.S. FBI intelligence agent arrested in connection with theft of $1 million in crypto

2 months ago by Crypto InsightsCrypto

A supervising U.S. FBI agent who worked in intelligence at the national headquarters has been arrested and accused in a federal court filing of stealing more than $1 million in cryptocurrency. The high-level special agent, identified as Patrick Steven Yarmoch, allegedly turned himself in to… Read More

A Coldcard firmware flaw let hackers drain $70 million in Bitcoin in 41 minutes, with losses now topping $88 million

A Coldcard firmware flaw let hackers drain $70 million in Bitcoin in 41 minutes, with losses now topping $88 million

2 months ago by Crypto InsightsComputer Tips

Why it matters: A hardware wallet is supposed to solve one problem: keep your Bitcoin keys somewhere no attacker can reach them. This week showed what happens when the flaw sits inside the wallet itself. A firmware bug that’s been shipping in Coldcard devices since… Read More

Bitcoin cold-wallet attack spreads to 4,500 addresses as losses near $89 million

Bitcoin cold-wallet attack spreads to 4,500 addresses as losses near $89 million

2 months ago by Crypto InsightsCrypto

The attacker working through Coldcard-generated keys is now emptying wallets worth a few thousand dollars each. Galaxy Research flagged a third wave of sweeps early Sunday, roughly 208 bitcoin drained from 1,912 addresses between Friday midday and Saturday morning UTC. That is just over a… Read More

CZ calls for wallet diversification after $70 million Coldcard exploit

CZ calls for wallet diversification after $70 million Coldcard exploit

2 months ago by Crypto InsightsCrypto

Crypto holders used to focus on diversifying their coins. Now, following a $70 million Coldcard exploit, they’re being told to diversify their wallets as well. On Saturday, Binance founder Changpeng Zhao, known as CZ, asked crypto holders to split their funds across multiple wallets following… Read More

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