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'Definition of a Shitcoin': Shark Tank's Kevin O'Leary Shuns Celebrity Meme Coins

When it comes to celebrity meme coins, don’t expect to see Kevin O'Leary’s name come up anytime soon—either as an issuer or an investor. “That is the definition of a shitcoin,” the Canadian entrepreneur and “Shark Tank” star told Decrypt in an interview. “Why would I put that into a portfolio?” O'Leary said that nearly 20% of his investments are currently in crypto, split between assets like Bitcoin and companies like stablecoin issuer Circle. Still, the influential investor described celebrity...

Liminal Pushes Back Against $230 Million WazirX Hack Claims

Following the $230 million hack of Indian crypto exchange WazirX earlier this month, cryptocurrency custody service provider Liminal has pushed back against accusations that the attack involved its infrastructure. A Liminal spokesperson told Decrypt that the company’s systems were not compromised in order to recently funnel $230 million of WazirX’s crypto assets. A compromised multi-signature smart contract wallet used in the attack was allegedly “created independently and further imported on th...