Mining Pool Wallet Bankruptcy: The $173M Numbers
A mining pool's branded wallet froze withdrawals in 2022. By 2026 that freeze was a Chapter 11 filing. The numbers behind what a balance actually was.
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A mining pool's branded wallet froze withdrawals in 2022. By 2026 that freeze was a Chapter 11 filing. The numbers behind what a balance actually was.
Nexus Dev ·
A large exchange-run mining pool stops crediting shares on November 10, 2026. Seven steps to move your rigs, collect your balance and check your next payout.
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Liquid bitcoin redemptions are still frozen with reserves at 85.77 percent of outstanding L-BTC. Here is how to check the gap yourself.
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Bitcoin Core 32.0 brings faster block validation and a security fix. A step-by-step look at what changed and what to check before you upgrade.
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The largest Bitcoin mining pool just sold its last reserve coins and its CEO is exiting. What a pool's balance has to do with your own mining payout.
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FinCEN withdrew its plan to track self-custody wallets over $10,000. What actually changed, and what still applies, for solo miners who keep their own keys.
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MetaMask's September 30 infrastructure incident forced a validator exit while wallets stayed safe. What non-custodial promises, and what it doesn't.
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The SEC proposed new crypto custody rules on Oct. 1, 2026. What the proposal actually changes for investment advisers, measured against the headlines.
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CertiK counted $1.26 billion lost to crypto hacks in Q3 2026, up 53.9% on Q2. Here is what the numbers show about custodial risk for miners.
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Bitcoin developers are designing a way to pay silent payment addresses inside a mining coinbase over Stratum V2. Here's the plain four-step mechanism.
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Bitget says a flaw in a third-party security product let an attacker send fake withdrawals. See the timeline, the gas-limit tell and what a miner can check.
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Texas paused new data center permits until an ERCOT audit ends. Here is the timeline, step by step, and what it means for Bitcoin mining in the state.
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Brazil now requires reporting on crypto transfers of $10,000 or more tied to self-custody wallets. Here is what the new rule actually does, and does not do.
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Bitget lost $351.6M in a hot-wallet hack, no private keys touched. What a non-custodial, coinbase-paid payout looks like instead.
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Two mining pools now build nearly half of all Bitcoin blocks. Here is what that concentration changes for miners and solo miners, and what it never changes.
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Bitcoin Cash jumped 29% on CME futures news, and its difficulty rose 30% within 36 hours. What that does to solo mining odds, with the chain's own numbers.
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BitMEX shuts down September 23 with a clean 11-year security record intact. Its closure shows custodial risk is bigger than just getting hacked.
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Blink Wallet's breach drained custodial accounts but left its non-custodial Spark accounts untouched. Here is what that split actually proves.
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A full-chain iOS exploit can silently pull crypto wallet keys from Safari alone. Here is the order of checks and fixes to run right now.
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D'CENT's report narrows the app wallet hack to versions before 8.1.0 and addresses that signed. The numbers, and what they mean for a mining payout address.
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The D'CENT app wallet hack drained 2.01M XRP from 1,552 wallets. A seven-step audit to find every copy of your seed phrase, mining payout address included.
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H.R. 8957 advanced 28-21 and would hold Bitcoin in federal custody for 20 years with an annual audit. What that proof covers, and what it does not.
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A Core Lightning bug tied to reported fund losses shows why self-custody means checking your own software, not just running it. What the advisory says.
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A pool that once ranked among Bitcoin's biggest owes $173.1M in Chapter 11, mostly to frozen wallet holders. What the numbers mean for your pool.
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The Senate blocked the CLARITY Act 49-50. See which mining protections died with it, what stays legal, and five checks for your own payout path.
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