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Joseph Rees

Bam Aquino Urges House to Pass CADENA Act as Blockchain Budget Bill Stalls in Congress

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Senator Bam Aquino is calling on the House of Representatives to act on a long-delayed measure that would log the Philippine government’s spending on an unalterable blockchain ledger. Despite securing Senate approval and earning a…

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Bitcoin Wasn’t Hacked in Coldcard Attack, Pompliano Explains

Key Takeaways Pompliano classified the Coldcard event as a third-party failure. Verified losses surpassed 1,360 BTC, valued at more than $86 million. The incident could deepen fear across an already bearish market. Pompliano Challenges the ‘Bitcoin Was Hacked’ Narrative Bitcoin investor and entrepreneur Anthony Pompliano addressed the Coldcard security incident on Aug. 2, warning that…

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Coinkite Faces Class Action Threat as Bitcoin Wallet Bug Costs Users Over 1,300 BTC

Key Takeaways Victims are planning class-action lawsuits against Coinkite after losing $88 million to the Coldcard wallet bug. Legal experts are sharply divided on Coinkite’s liability, complicating victims’ prospects for recovering funds. These potential product liability cases could establish major legal precedents for crypto hardware wallet makers. Users Prepare To Exert Legal Action Against Coinkite…

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