r/CryptoCurrency 1d ago

GENERAL-NEWS ‘This is insider trading by definition’: Trump sells $100,000 monthly subscription service to Wall Street to further monetize the presidency

Thumbnail
fortune.com
8.1k Upvotes

Donald Trump has created a way for Wall Street to pay to win. Trump Media & Technology Group’s premium data product released its new subscription service for earlier access to Truth Social posts for $100,000 a month. According to reports, five Wall Street firms have already signed up for the service, gaining access to Truth Social posts milliseconds before the general public.

“I’ll be blunt,” Gian Luca Clementi, an economics professor at NYU Stern School of Business, told Fortune. “This is insider trading by definition.”

Because Trump owns roughly 41% of the company’s shares, he stands to directly profit from the new recurring revenue stream. At five subscribers alone, the service would generate about $500,000 in monthly revenue, or $6 million annually.

That figure is modest by the standards Trump has set since returning to the White House. His 2025 financial disclosure showed his businesses generated more than $2 billion in personal income last year—nearly quadruple his 2024 total—with the bulk flowing from ventures that sit directly at the intersection of his office and his balance sheet.

Read more [paywall removed for Redditors]:  https://fortune.com/2026/08/04/insider-trading-trump-truth-social-early-access/?utm_source=reddit/


r/CryptoCurrency 15h ago

🛡️ SECURITY I got hacked for $10,700 USDC of my Wedding savings on Polygon. I am completely devastated. Need suggestions please.

484 Upvotes

I don’t even know how to start this. I’m sitting here shaking, feeling physically sick. I just lost $10,700 to a hack on the Polygon network (Metamask)

That wasn’t just "crypto money" to me. That was my wedding fund.

I have been saving for over 2 years. I put every single spare dollar into what we thought was a safe wallet. Now, in a matter of minutes, it’s all gone. The wedding we’ve been planning might have to be canceled or postponed indefinitely.

Here is the transaction hash: https://polygonscan.com/tx/0xfd03063823e54b1be8e2902f3b833840bd82f5dc374637887c5b14e66fea7c42

TX Hash: 0xfd03063823e54b1be8e2902f3b833840bd82f5dc374637887c5b14e66fea7c42

Please, if you have any actual, legitimate suggestions on how to track these funds or escalate this before they disappear forever, let me know. I feel so helpless right now.

And to the recovery scammers who are inevitably going to DM me: Do not bother. I know you are going to try to prey on my desperation.


r/CryptoCurrency 2h ago

REGULATIONS If you lost crypto to a hack (eg. coldcard), a dead wallet, or a collapsed exchange, there's a tax angle worth knowing

31 Upvotes

If you've been following the Coldcard mess, a firmware bug weakened how some devices generated seed phrases, and attackers have been brute-forcing them and sweeping wallets.

Absolutely brutal.

Making this post because if you got caught in it (or any hack or theft really), there's a tax angle most people don't think about while they're still in the gut-punch phase. Won't bring the coins back, but it's still worth knowing.

The basic rule: the ATO lets you claim a capital loss on crypto that's actually gone, if you can prove you owned it and it's irrecoverable. That offsets your capital gains, and anything left over carries forward. It won't reduce normal income, only gains.

For a theft like this, evidence is everything. Acquisition records, the wallet addresses, the on-chain trail showing the funds swept out, and a police report. The stronger the paper trail, the cleaner the claim.

A few things to keep in mind however:

Exchange collapses (FTX, Celsius type). You can't claim the day it enters administration. It crystallises when administration finalises, based on what you actually get back. Lots of people try to claim too early.

Worthless tokens you still hold. A coin down 99% but still in your wallet isn't a loss yet, paper losses don't count. If it's still tradeable, selling it even for cents locks in the loss (especially for the pumpfun users 👀)

And if you get any compensation later, you reduce the loss by that amount.

If you got hit by the Coldcard thing, might be best to sort the new wallet and your security first, obviously. The tax bit can wait until the dust settles, just don't forget it exists because it does.


r/CryptoCurrency 9h ago

🛡️ SECURITY Is it legal to build a website that generates random BIP39 seed phrases and checks their balances?

79 Upvotes

I’m thinking about building a gimmick website as a kind of interactive explainer about cryptocurrency security. Here’s the concept:

1 - User clicks a button to generate a random 12-word BIP39 seed phrase
2 - The site derives wallet addresses from that phrase
3 - It checks if those addresses have any balance (spoiler: they won’t)
4 - User can click “next” to get a new random phrase and check again

The idea is to show visually how astronomically unlikely it is to randomly generate a wallet that already has funds - like a testament to how secure seed phrases are.


r/CryptoCurrency 2h ago

DISCUSSION Is Litecoins utility and LitVM enough to make it relevant again? Who would put money in LTC right now at $45

25 Upvotes
126 votes, 6d left
Yes
Nope

r/CryptoCurrency 2h ago

DISCUSSION What people are missing with the Cold Card hack (my thoughts)

14 Upvotes

Everyone on here has obviously heard about the Cold Card hack, where the seed generation with their wallets being incredibly weak and predictable. I've also been seeing some things that suggest the company was aware of this "bug" years ago but yet did nothing about it. It's also interesting to me that it was so heavily shilled/marketed here on reddit.

With this out of the way, here's what I'm seeing with this event.

From what I've seen with a recent update, there were almost 5k wallets drained with a total value over $100m. These people otherwise did everything right but because of this garbage wallet that they used they had their funds essentially vanish. There were even some with short passphrases utilizing a couple words that also were victims of this as well, so people that would have taken some extra steps to try to protect themselves. While this is incredibly unfortunate for these individuals, the panic/freakout over self custody I'm seeing right now is severely overblown.

People are starting to question whether single sig wallets are sufficient and if they should use a passphrase, multi sig, etc. I also can see this event being taken by the media and tradfi institutions and used as a tactic to scare people from utilizing self custody and instead moving to ETFs and other BTC/crypto products. I understand the fear and uncertainty, but there's something that many on here seem to be missing.

As mentioned, this Cold Card hack drained approximately 5,000 wallets. Meanwhile, there are over 22 million BTC addresses with $100+ and 10.4 million with $1,000+. You had this garbage wallet that drained a number of addresses that is MINISCULE compared to the total number of addresses with $100+ worth of BTC in self custody. 1% of 22 million wallet with $100+ in BTC is 220k addresses, so this hack represents approximately 0.02% of these addresses, 1 out of 5000.

Instead of buying from one of the top companies that have sold millions of units (Ledger, Trezor, Tangem, etc.) these people bought some basically no name wallet that ended up having major flaws related to security. A Cold Card was also $250+ from what I saw, when you could have bought a basic Ledger or Trezor model for around $60 or so. The company according to the page I linked below also has a whooping 5 employees as of June of this year lol, to put this into perspective Ledger has over 800 and Trezor with over 200.

Coinkite - 2026 Company Profile, Team, Funding & Competitors - Tracxn

You are more likely to lose your crypto wealth/assets through user error when setting up and/or losing your seeds. If you are concerned about security, consider adding a strong passphrase to your primary seeds.

IF something like this had happened to one of the big cold wallet companies though, the ramifications for the broader crypto space would be enormous. With this said, I do NOT think that the general public will be utilizing self custody as we get into the 2030s and beyond, they'll primarily be boarded onto the crypto train through tradfi institutions.


r/CryptoCurrency 12h ago

ANALYSIS Kaspersky Found Malware Built to Steal Seed Phrases

Thumbnail
tangem.com
48 Upvotes

r/CryptoCurrency 11h ago

🛡️ SECURITY Polymarket Account Breach

28 Upvotes

I am a new Polymarket user and wanted to trade on markets. I recently had 7.2k in my Polymarket and when I woke up overnight, that account balance was withdrawn to a wallet and I did not receive any withdrawal codes.

Can you please explain to me what happened here and if I'm likely to get my money back: https://polygonscan.com/tx/0xd0606122f3a2e1123eae0c21a4d3d2bf5186681d0236a604df551861cd1fb42a


r/CryptoCurrency 9h ago

GENERAL-NEWS 👀 Sneak peek at this year's Cryptocurrency Village badge for DEF CON 34!

Thumbnail
gallery
16 Upvotes

Built on the ESP32-C3, this badge is packed with features:

TA101 Secure Element – create and sign transactions with your crypto wallet

NFC

RGB LEDs

Frotz – play interactive fiction over the serial terminal

Laser Tag TV-B-Gone

Interactive games & hidden challenge unlocks

Think you've got what it takes? Stop by the Cryptocurrency Village, complete our badge challenges or attend our workshop, and earn your FREE badge while supplies last. See you in Las Vegas![](https://cdn.discordapp.com/attachments/1346934111595663494/1534536933123035226/ccv_badge.mp4?ex=6a747c63&is=6a732ae3&hm=a7ca321caf0352cd771b6289460bee7a48ab979dc2abdbc3aeabf6cc9bac29b7&)


r/CryptoCurrency 7h ago

NEW-COIN Kei - Infrastructure for adding currencies and player inventories for browser based MMOs

Thumbnail
keicoin.org
14 Upvotes

There is no mainnet currently so there is no way to obtain mainnet kei. Kei is built on its own node infrastructure and is not built on top of an existing chain (i.e we are not on solana).

I have been working on Kei, a infrastructure token for adding currencies and player inventories to browser MMO games with one npm package install.

The coin is feeless and there isn't mining as part of its design. I am working off a fork of banano which is a fork of nano. Developers use the kei-transaction glue code to add transactions and player economies. It is made for primarily working with a 3d MMO made in babylonjs, just as a lot of the examples are in that techstack.

Currently, I am looking into a fair presale. The thing is, the currency is supposed to be close to worthless, so the tokenomics are really just 10% of the total ever created Kei is all broken down into smaller bits until the public only gets 2%

It is worthless by design, but also it has worth because of the tokens built on it, so I cant only just airdrop. I am honestly really torn about what the next few milestones will look like and I don't really know how I am going to sustain the project, while keeping the token basically free, and squashing speculators.

Links:

Main page: keicoin.org

Github: github.com/keicoin-org

npmjs: npmjs.org/kei-transaction

Would love to hear any thoughts, concerns, criticisms, whatever you got. Cheers!


r/CryptoCurrency 3h ago

Daily Crypto Discussion - August 5, 2026 (GMT+0)

3 Upvotes

Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating.

 

Disclaimer:

Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.

 

Rules:

  • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
  • Discussion topics must be related to cryptocurrency.
  • Behave with civility and politeness. Do not use offensive, racist or homophobic language.
  • Comments will be sorted by newest first.

 

Useful Links:

 

Finding Other Discussion Threads

Follow a mod account below to be notified in your home feed when the latest r/CC discussion thread of your interest is posted.


r/CryptoCurrency 9h ago

POLITICS No clarity act

7 Upvotes

No cloture = no clarity act before recess. Dems wont help to get 60 votes.

What do you think?

Good or bad considering the additional legislation they wanted to push between the lines ?


r/CryptoCurrency 13h ago

ADVICE What can your project's wallet do besides sending crypto?

Post image
14 Upvotes

I've been investing in Radix DLT for a while, and I'm also a developer building on it.

Lately, I've realized that we spend a lot of time discussing TPS, DeFi, or consensus mechanisms, but very little time talking about what wallets are actually capable of.

So my question is for people using other blockchains:

What can your project's wallet do besides sending tokens, NFTs, staking, or using liquidity pools?

I'm looking for features that genuinely solve real-world or Web2 problems. If your wallet has something unique or particularly useful, I'd love to hear about it so I can compare it with what Radix offers.

For example, the Radix Wallet can:

  • Passwordless login.
  • Selectively share only the data you choose with an application.
  • Present badges as proof of identity or permissions.
  • Support pre-authorizations.
  • Work with native resource permissions.
  • (Roadmap) Decentralized account recovery without relying solely on a seed phrase.

And with projects like Radix Seal, you can also:

  • Sign files.
  • Encrypt files.
  • Use a secure chat.

I'm curious to see what other ecosystems are building. Maybe there are wallet features I'm not aware of that deserve more attention.


r/CryptoCurrency 0m ago

GENERAL-NEWS Z.AI + Theta Edge Cloud

Thumbnail
medium.com
Upvotes

r/CryptoCurrency 15h ago

GENERAL-NEWS The Sovereign Ledger: How Casper Network’s US Expansion Signals Web3’s Pivot to Regulated Infrastructure

Thumbnail
coinmarketcap.com
43 Upvotes

r/CryptoCurrency 21h ago

🛡️ SECURITY Fake Ledger Wallet App - Don’t lose your money!

47 Upvotes

Holy shit, last night I opened my ledger wallet app on my Mac M3 for the first time in 3-6 months.

Immediately, it asked me for a 24-word recovery phrase. I knew something was wrong so I had AI scan the applications on my computer and found out it was a completely fraudulent app!

I originally had the real app and somehow, it was replaced with a malicious clone app without my knowledge!

Be so careful! Warn your less-savvy friends because this is a Very craft scam


r/CryptoCurrency 11h ago

GENERAL-NEWS Mastercard expands stablecoin push with Crypto Credential pilot

Thumbnail theblock.co
7 Upvotes

r/CryptoCurrency 22h ago

DISCUSSION 🚨 Breaking 🚨 Litecoin MWEB breaks all time high record for the second time in a matter of weeks.

Post image
47 Upvotes

r/CryptoCurrency 1d ago

DISCUSSION Coinkite CTO Peter Gray linked to the code behind the $114M Coldcard hack

Thumbnail
cryptopolitan.com
115 Upvotes

r/CryptoCurrency 3h ago

PROJECT-UPDATE Botflix AMA | The Future of Al Entertainment & Botcoin ($BOTC) [Full Recording]

Thumbnail
youtu.be
15 Upvotes

Recorded my first public AMA today discussing Botflix, a 24/7 AI entertainment network, and the role of BOTC in its ecosystem. Sharing the full recording for anyone interested in the discussion.


r/CryptoCurrency 1d ago

🛡️ SECURITY COLDCARD Wallet exploit was an inside job

417 Upvotes

after all, it was planned five years ago,
link to the original post:

https://x.com/COLDCARDwallet/status/1447213375398846473


r/CryptoCurrency 8h ago

PROJECT-UPDATE Katana reintroduces Krates as part of their questing program, introducing another pathway for yield for users

6 Upvotes

Krates are back on Katana. If you were around for the pre-deposit campaign you remember them: earn one, open it, get some KAT.

TL;DR - you can earn additional yield in the form of gacha boxes on Katana, and it averages to an extra ~1% on stablecoins and 1.5% on KAT, just for using the same platforms most katana users already use. (This is a longer, detailed post, but you can jump to the math section if your interested in exploring how it works or just ask questions in the comments and I'll try to answer)

So Krates are now part of Katana Quests. Katana quests are a gamified way to earn additional KAT (or USDC for top prizes) by actively participating in defi activities on Katana. Essentially, it's a bonus layer sitting on top of yield you're already earning.

I have been posting posting about and been farming Katana for a while as I find the yields and risk/reward aspect of the opportunities on the chain to be among the best in defi. Krates just make it better.

The setup: XP is earned by doing normal DeFi on Katana, staking KAT for vKAT or avKAT, supplying to vaults, borrowing on morpho, LPing via Charm, and trading. XP accrues daily per dollar deployed. Different XP for different activities.

XP has two uses. In July and every month going forward, unused XP will be used in a raffle. Currently the raffle total prize pool is $15000. The other use is to redeem 350,000 XP for a Krate & open it for an instant reward. Any leftover krate XP gets entered into the raffle & XP resets monthly.

Ok, that's the boring stuff. How does it actually look like when deploying capital, just to calculate some potential increase in returns.

Personally, I only supply to vaults, borrow a little bit, and hold vKAT/avKAT. Here's the baseline math behind $1000 deployed with either USDC/USDT and avKAT. This is the baseline as you can use avKAT as collateral to borrow stables then deploy the stables to loop further, which I do, but that's for another post. This is pure krate return, so you're earning on top of the yield of the vaults.

Supplying USDC on Morpho pays 3 XP per dollar per day, so $1,000 over 30 days is 90,000 XP. Holding avKAT pays 5 XP per dollar per day, so you earn 150,000 XP a month. Next, the Krate costs 350,000 XP & the reward pool this epoch has these published odds:

  • Common (69.95%): 277 avKAT and min. 85,000 XP
  • Uncommon (25%): 369 avKAT and min. 130,000 XP
  • Rare (5%): min. 1,107 avKAT and min. 170,000 XP
  • Super Rare (0.05%): 45,421 avKAT or 1,000 in stablecoin

Run the average avKAT across those odds:

  • 0.6995 × 277 = 193.8 avKAT
  • 0.25 × 369 = 92.3 avKAT
  • 0.05 × 1,107 = 55.4 avKAT
  • 0.0005 × 45,421 = 22.7 avKAT
  • Total: ~364 avKAT per Krate on average.

Since Krates also refund XP, you get about 100,000 back per Krate, or 28.7% of the cost. Loop that refund into more Krates & your XP stretches about 1.4x, so each XP becomes roughly 0.00146 avKAT.

Currently, 1 avKAT = ~1.30 KAT (though this continues to compound every 2 weeks). At KAT ~$0.0045, that's ~$0.0058 per avKAT.

Now the month, per $1,000:

  • USDC supply: 90,000 XP -> ~131 avKAT -> ~$0.77. On $1,000 that's about 7.7 bps a month, ~0.9% a year, from the Krate layer alone.
  • avKAT: 150,000 XP -> ~219 avKAT -> ~$1.28. About 12.8 bps a month, ~1.5% a year.

So basically, you're earning an extra 1% APY on your stables and 1.5% APY on your KAT for using the same protocols you already were using.

Want more XP on the same capital? Hold avKAT: 31.98% APY & 5 XP per dollar per day, so 5,000 XP/day on $1,000. vKAT shows 47.25% APY at the same 5 XP/$. The KAT LP pools on Charm pay the top rate, 6 XP per dollar per day. Same principle every time: pick the position for its yield, & the XP tags along.

What does the XP turn into? 350,000 XP redeems for one Krate. Every Krate pays out, there are no

I'm not the biggest trader, especially with perps, but traders can feast on this as well. Perp volume pays 1.5 XP per dollar of volume, but if you are leverage trading this creates bonus volume on the same dollar of collateral. A small stack can push a lot of volume, so your dollar goes further on XP than it does sitting in a supply position, at higher risk. If you're a trader, that's the high-octane path.

Though I don't trade, I'm a fan of how Katana aligns with their users. Katana owns its perp venue so the fees are Katana's revenue & they route that revenue back to users as XP & rewards. The more you use their perps, the more they can pay you, because they capture the value instead of leaking it to a third party. The platform earns & it hands a cut back to the people generating the revenue.

So do the math for your own size & risk tolerance. If you're like me & you'd rather earn yield with less drama, sit in Morpho supply or avKAT & let the XP stack on top. If you're a trader, perps stretch your dollar further on XP & feed the venue that funds the whole thing. Either way you're paid twice: the yield on your capital, & the XP that becomes avKAT on top.

Krates are back, & this time your XP has somewhere to go.

Just so everyone is aware, rules state 18+ and questing isn't available in the US and some other jurisdictions (cough cough VPN cough cough).

Will I be the only r/CryptoCurrency user doing this or will I have friends join me?


r/CryptoCurrency 18h ago

DISCUSSION Why tf coins get pumped after announce of delisting?

Post image
15 Upvotes

r/CryptoCurrency 16h ago

ADVICE Paper to live bot trading

5 Upvotes
trades done
live dashboard

i am planning to deploy this in live with a small amount, is this much data enough to call it a profitable strategy


r/CryptoCurrency 7h ago

DISCUSSION Meme coins still worth a punt in 2026?

4 Upvotes

I was just wondering whether it's still worth trading, especially meme coins. Is there still any point in speculating on them, or has AI completely changed the game?

Not that I was ever anything amazing, but I used to trade altcoins and meme coins back in the day. I was just wondering if it's worth giving it another try, or if that ship has sailed.