Polish prosecutors charge fifth suspect in a massive crypto probe
BitBay became Zondacrypto in 2021. The exchange stopped trading in April after customers faced frozen withdrawals and estimated losses of at least $94 million.
Discussion
Related stories
Capital B adds 376 Bitcoin in $29M purchase, boosting holdings to 3,521 BTC
Capital B’s latest Bitcoin purchase was its largest in nearly a year, pushing the French company ahead of H100 Group among publicly traded BTC holders.
XRP lending model leaves depositors with 90% of a bad loan’s loss despite reserves twice its size
With the same reserve and cover rates, one modeled default leaves 90,000 tokens of vault loss; ten smaller loans leave 4,500. The post XRP lending model leaves depositors with 90% of a bad loan’s loss despite reserves twice its size appeared first on CryptoSlate.
Solana’s “million-payments-a-second” AI system can leave sellers unpaid even after they deliver
Behind the million-per-second benchmark, operator failure tests who funds customer recovery and whether merchants can still collect their final bill. The post Solana’s “million-payments-a-second” AI system can leave sellers unpaid even after they deliver appeared first on CryptoSlate.