Andrew Folkler
884 posts
A build error in Coldcard’s firmware drained $38 million in bitcoin in 25 minutes
Coinkite says an attacker used AI to find a flaw its own AI review missed, exposing 500 wallets…
The $4 billion Iran sanctions evasion network through crypto
The United States has sanctioned Iranian exchanges, frozen nearly $1 billion in cryptocurrency, and traced $3.84 billion in…
Bitcoin mining capitulation: difficulty falls 19.9% as miners pivot to AI
Bitcoin mining difficulty has dropped 19.9% from its peak in the third deepest ASIC era decline on record,…
Tether’s $1.5 billion Q2 profit and the reserve buffer problem
Tether earned $1.5 billion in three months while its safety cushion fell by half, raising questions about whether…
What is a mainnet? The production blockchain explained
A mainnet is the production version of a blockchain network where transactions carry real economic value and are…
What is a testnet? The blockchain testing ground explained
A testnet is a separate blockchain network that mirrors a production chain’s rules and functionality but uses tokens…
What is a zero-knowledge proof? Privacy and scaling explained
A zero-knowledge proof lets one party prove to another that a statement is true without revealing any information…
What is proof of work? The consensus mechanism that powers bitcoin
Proof of work is a consensus mechanism that forces computers to spend measurable energy solving a mathematical puzzle…
Coinbase posts $359 million loss as revenue misses for a third straight quarter
The exchange hit record market share and crossed $100 million in prediction market revenue, but a $1.36 per…
Ondo Finance weighs a $500 million acquisition as tokenized securities cross $36 billion
The largest tokenized securities platform cleared its SEC probe, secured FINRA authorization, and put BlackRock’s IVV onchain. Now…