They trusted a sealed wallet from TikTok, and it cost them $6.9M
A fake hardware wallet purchased on TikTok led to a $6.9M crypto theft, exposing vulnerabilities in devices meant to secure digital assets.
How a Ledger user lost $6.9 million after trusting a sealed wallet from TikTok.
A Ledger user lost $6.9 million after purchasing a compromised hardware wallet from TikTok’s Douyin Shop. The sealed device appeared authentic but was pre-tampered, allowing attackers to drain funds instantly.
Goldman Sachs’ Chief US Economist Says Tariffs Unlikely To Spark a Prolonged Inflation Period, Predicts Three Rate Cuts This Year – The Daily Hodl
Goldman Sachs’ chief US economist David Mericle predicts three Fed rate cuts this year, starting in September, and says Trump’s tariffs won’t cause prolonged inflation due to improved labor market conditions.
Crypto exchange Bullish files for US IPO, targets NYSE listing as “BLSH”
Bullish crypto exchange files for US IPO, targeting NYSE listing under ticker ‘BLSH’. Despite $80M 2024 net income, Q1 2025 saw a $349M loss. The exchange holds $1.9B in liquid assets and operates across six jurisdictions.
JPMorgan Chase, Citi and Wells Fargo Lose $5,361,000,000 To Bad Loans in One Quarter As Customers Fail To Pay Debt – The Daily Hodl
JPMorgan Chase, Citi, and Wells Fargo reported $5.361 billion in losses from bad loans in Q2 2025, primarily due to unpaid credit card debt, despite overall strong earnings.
Visual Crossing Integrates Real-Time Radar into Weather API for U.S. and European Markets
Visual Crossing enhances its weather API with real-time radar for U.S. and Europe, improving precision for location-based apps like navigation, logistics, and retail services.
Bitcoin’s first Batman? Peter McCormack plans to buy his own police force
Bitcoin podcaster Peter McCormack plans to fund private security in Bedford, UK, citing police failure to address rising crime, sparking debate on private vs. public safety measures.
Ethereum’s Rally Isn’t What It Seems — Here’s What’s Really Driving It
The article profiles Samuel Edyme, a resilient crypto journalist and trader who overcame early scams to become a seasoned analyst with deep market insights and a dedication to continuous improvement.
Tiger Global Billionaire Abruptly Dumps Nvidia, Pours $334,000,000 Into Surging US Asset – The Daily Hodl
Billionaire Karthik Sarma of SRS Investment Management sold Nvidia shares and invested $334 million in Tapestry, a luxury goods company with 100% stock growth in a year.
Hacker reconnaissance work continues on TeleMessage app vulnerability — Report
Hackers are actively targeting the TeleMessage app’s CVE-2025-48927 vulnerability, with 11 IPs attempting exploits and 2,009 scanning for weaknesses. The flaw allows data extraction from unsecured systems.
