Articles by Khal
Latest from Khal
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FBI supervisor pleads guilty to $1M crypto theft from adversarial nation
Former FBI supervisory agent Patrick Steven Yaroch pleaded guilty to stealing approximately $1 million in digital assets from an adversarial country using internal systems, forfeiting roughly $925,000 to government wallets.
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Coldcard Phishing Surge: $130M in Losses as Trezor, Foundation Warn
Following a Coldcard firmware exploit, Trezor and Foundation warned of a phishing campaign where fake "coordinated hardware audit" emails direct victims to a cloned site that installs remote-access software. Galaxy Research confirms losses above $100 million, with total theft potentially reaching $130 million.
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BlackRock launches tokenized money market funds in 15 European markets
BlackRock unveiled 12 tokenized share classes based on six money market funds totaling $311 billion in assets across 15 European markets, one day after expanding its U.S. tokenized cash platform.
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XRP Hovers Near $1 Support as Technical Indicators Signal Caution
XRP is trading around $1.07 with momentum fading after repeated failed recoveries. The next seven days will be critical as the $1 psychological level faces renewed pressure and declining volume suggests traders are awaiting a catalyst.
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Shiba Inu and XRP Test Resistance as Bullish Momentum Fades
Shiba Inu and XRP have bounced from recent lows but face formidable technical barriers. Both tokens are testing moving-average resistance, though longer-term charts suggest caution as bullish momentum has faded faster than expected.
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Peter Brandt: Bitcoin Bull Market 'Not Urgent' Based on Chart Patterns
Legendary trader Peter Brandt says Bitcoin shows no technical evidence of an imminent bull market, citing failed attempts to reclaim the 50-week moving average and a breakdown from a rising wedge pattern. Meanwhile, long-dormant Bitcoin holdings are moving on-chain, adding complexity to the market outlook.
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MicroStrategy Builds $4B Cash Reserve, Pauses Bitcoin Buying
Strategy, the world's largest corporate Bitcoin holder, has added $250 million to its cash reserves for the sixth consecutive week, bringing the total to $4 billion, after pausing its weekly Bitcoin purchases for about six weeks.
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Frank Giustra Criticizes Michael Saylor Over Strategy's $102.3M Bitcoin Sale
Canadian billionaire Frank Giustra criticized Michael Saylor after Strategy sold 1,637 BTC, arguing the executive has done more harm than good for Bitcoin. The company remains the largest corporate holder with 842,138 BTC valued at $52.65 billion.
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XRP Phishing Ring Steals $8.5M from 71 Investors via Fake Flare Site
Multiple XRP ecosystem projects issued security alerts after a wave of phishing scams targeting the community, including a fake Flare Network site that stole 3.4 million XRP worth $8.5 million from 71 investors.
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Ripple Invests in Lucuido and ZILO to Expand Tokenized Assets on XRP Ledger
Ripple announced strategic investments in Lucuido and ZILO to expand regulated tokenization infrastructure on the XRP Ledger, following Aviva Investors' tokenization of its U.S. Dollar Liquidity Fund on the network.
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XRP ETFs Post $15M Weekly Inflows as Bitcoin, Solana See Outflows
XRP spot ETFs attracted $15 million in net inflows last week, bucking broader crypto weakness. Bitcoin ETFs saw $0.6 million in outflows and Solana funds lost $17 million, signaling selective investor demand across digital assets.
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Coldcard Firmware Vulnerability: Renewed Security Alert as Bitcoin Drains Persist
Dogecoin community member Mishaboar issued a renewed security alert urging Coldcard wallet users to migrate funds immediately, citing ongoing attacks linked to a March 2021 firmware vulnerability that has affected thousands of addresses.
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Coldcard firmware bug exposed private keys across five hardware wallet models
Block's Bitcoin team and independent developers traced Coldcard wallet losses to a firmware bug that weakened random-number generation across multiple device generations, exposing a critical vulnerability in self-custody design.
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Five Convicted in London Crypto Millionaire Kidnapping and Torture Case
Five men were convicted of blackmail and false imprisonment of two French cryptocurrency millionaires held for 52 hours in an East London flat in July. Two of the five also faced conspiracy to blackmail charges, with police securing convictions without either victim testifying in person.
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XRP Hovers Near $1 Support as Recovery Attempts Stall
XRP is trading around $1.07 with dwindling momentum, facing a critical test of the $1.00 psychological support level over the next seven days as technical indicators suggest neither buyers nor sellers have committed to a direction.
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Flare's wrapped XRP approved as collateral in $280M RLUSD lending vault
Flare's wrapped XRP token (FXRP) has been accepted as collateral by Sentora's $280 million lending pool, allowing XRP holders to borrow RLUSD stablecoin on Ethereum without selling their coins through an isolated market on Morpho Blue.
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Solana SIMD-0553 proposal aims to boost daily SOL burns to $650,000
A Solana governance proposal called SIMD-0553 would increase daily SOL burns from roughly $47,000 to $650,000 by introducing resource-based fees. The proposal needs validator support worth about $2.9 billion to reach a vote by August 18.
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Bitcoin ETFs surge $170M inflows while Ethereum ETFs shed $11.4M
Spot Bitcoin ETFs logged $170 million in net inflows Monday while Ether ETF counterparts shed $11.4 million, underscoring institutional investors' diverging appetite for the two largest crypto assets amid market uncertainty.
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Palantir posts 93% Q2 revenue growth, raises 2026 guidance on AI surge
Palantir Technologies reported Q2 revenue of $1.935 billion, beating expectations by $134 million and driving shares up 13% in after-hours trading. The company raised full-year 2026 guidance to $8.15–$8.16 billion on surging AI-integrated solutions demand.
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Former FBI Agent Charged With Stealing $1M in Cryptocurrency
Patrick Steven Yaroch, a former FBI supervisory special agent, was charged with theft of cryptocurrency from wallets tied to counterintelligence investigations. Prosecutors say he used ChatGPT to plan investment strategies and European relocation.
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Air-Gapped Bitcoin Wallets: Offline Security Limits After $114M Coldcard Exploit
Air-gapped wallets keep private keys completely offline to reduce hacker exposure, but a $114 million Coldcard exploit demonstrates that offline security still carries risks. Recovery phrase theft and physical attacks remain viable threats.
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Peter Brandt: Bitcoin Bull Market Not Urgent Based on Chart Patterns
Veteran trader Peter Brandt says classical chart analysis shows no compelling evidence Bitcoin is ready for a new bull market, citing the asset's persistent failure to reclaim key technical levels and a bearish weekly trend.
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Banks shift to stablecoin payment rails, signaling structural change
Traditional banks are abandoning Bitcoin for stablecoin infrastructure to enable faster cross-border payments and lower transaction costs. Coinbase's partnerships and regulatory approvals position the exchange as a key infrastructure provider in this transition.
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Citadel forecasts $500B in AI chip debt by 2028, reshaping credit markets
Technology companies are projected to issue more than $500 billion in debt by 2028 to finance AI data center chips, according to Citadel Securities. The borrowing wave could reshape investment-grade credit markets and influence crypto mining costs.