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Coinkite Sued After Coldcard Wallet Flaw Exposes $140M in Bitcoin

Key Takeaways Coinkite faces a proposed class action alleging more than $140 million in bitcoin losses. Coldcard’s firmware allegedly generated predictable recovery phrases for more than five years. Bitcoin.com News contacted Coinkite about the lawsuit but had received no response by publication. Coldcard Security Failure Sparks $140M Lawsuit A class action lawsuit filed Sept. 11,…

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Ripple teams up with $10B payments firm Arf to expand RLUSD use on XRPL

Ripple has partnered with Swiss financial institution Arf to bring RLUSD-powered settlement liquidity to the XRP Ledger, connecting the blockchain to a payments business handling approximately $10 billion in annual transaction volume. Summary Ripple and Arf have partnered to introduce RLUSD-powered settlement liquidity for licensed cross-border payment companies on XRPL. Arf reports approximately $10 billion…

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Coinbase Ireland Fined €3.25M After Customer Fund Safeguard Lapses

Key Takeaways Coinbase Ireland faces a €3.25 million fine over failures to safeguard customer funds. Coinbase Ireland’s designated safeguarding account had shortfalls reaching €5.2 million in 2024. Coinbase says no customers lost money, and the company has resolved the problems. Coinbase Ireland Hit With €3.25M Fine Over Customer Fund Failures Coinbase Ireland has been fined…

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Starknet’s proposed Ethereum exit wins 93.52% support for further research

Starknet’s community has backed research into an independent, quantum-resistant layer-1 blockchain, with 93.52% of voting power supporting the proposal following a seven-day governance vote. Summary Starknet’s seven-day governance vote closed October 22 with 93.52% of voting power supporting research into an independent layer-1 blockchain. Approximately 3,200 votes were recorded in the non-binding poll, which did…

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