The Coinbase executive says he is “speculating on straws,” but if it is true, it would be “by far the largest heist in human history.” Conor Grogan, Coinbase’s head of product, says there’s a slight chance the $8.6 billion worth of Bitcoin moved on Thursday — from eight wallets that had held the Bitcoin for over 14 years — was caused by a hack, and if so, it could be the largest robbery ever. “If true (again, I’m speculating on straws here), this would be by far the largest heist in human history,” Grogan said in an X post on Friday, after raising the slim chance that the $8.6 billion worth of Bitcoin (BTC) moved from eight separate wallets was the work of bad actors. “There is a small possibility that the $8B in BTC that recently woke up were hacked or compromised private keys,” Grogan said, pointing out a suspicious Bitcoin Cash (BCH) transaction made before the significant transfers on Thursday involving 10,000 Bitcoin at a time. Read more
jeremy Corbyn • Zarah Sultana says their alternative is ‘rooted in justice & equality’ • Group includes MPs Shockat Adam, Ayoub Khan, Adnan Hussain, Iqbal Mohamed LONDON: In an overnight reshaping of Britain’s political landscape, Zarah Sultana, the MP for Coventry South, has announced she will co-lead the formation of a new political party alongside former Labour leader Jeremy Corbyn. The move signals a break with the Labour Party, which both politicians accused of abandoning its core values. Sultana declared her resignation from Labour on Thursday evening in a statement that described Westminster as “broken” and accused the two major parties of offering “nothing but managed decline and broken promises.” She urged supporters to join the duo in building an alternative, rooted in justice and equality. Though Corbyn has long floated the idea of a more formal vehicle for left-wing and pro-Palestinian politics, Sultana’s announ-cement surprised many within the Independent Alliance, the loose group of five MPs, in...