Independent verification of viral crypto claims. Each check states the claim, the verdict, what is known, what is not, and the evidence we relied on.
A real software flaw affecting Coldcard users led to substantial bitcoin losses, but reporting describes a software-level exploit rather than a physical break of the devices, and it does not establish that all cold storage is unsafe.
IBM's comments concerned commercial viability and revenue timelines, not any demonstrated ability to break the elliptic-curve cryptography Bitcoin uses. No public evidence shows a quantum machine has recovered a Bitcoin private key.
Reporting on Tether's second quarter describes about $1.5 billion in operating profit, driven largely by US Treasury holdings. The excess reserve buffer shrinking is a real and reportable detail, but it is not the same as an operating loss or insolvency.
Circle did secure a significant new authorisation, but the reported approval is a New York trust charter granted to a subsidiary under state banking law — not a federal bank licence, and not deposit-insured banking.
Thailand's securities regulator has alleged that Bitkub concealed a cyberattack behind a roughly $50 million loss. An allegation by a regulator is a serious development, but it is not the same as a proven cover-up, and no adjudicated finding has been reported.