Ripple’s Former CTO Says He Sold 40,000 ETH When It Was $1.05

Published at 2026-03-01 10:00:12

In a post on X, David Schwartz, Ripple's former CTO, said he sold 40,000 ETH when the token traded at $1.05 and briefly felt like an "investment genius." At the time, the trades brought him about $42,000 in proceeds. The anecdote is a stark reminder of how early-stage choices in crypto can look very different in hindsight.

Schwartz's reflection matters because it humanizes high-profile industry figures and highlights the massive opportunity costs that come with timing and liquidity needs. For traders and investors it’s a cautionary tale about volatility, conviction, and the role of luck in outsized returns. The post also stokes discussion around executive decisions at firms like Ripple and how personal trading histories shape public perception of crypto leadership.

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Aethir says it halted a bridge exploit on its Ethereum-linked contracts, keeping losses below $90,000. Security firm PeckShield had earlier estimated the damage at about $400,000; Aethir pledged to compensate affected users.

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Published at 2026-04-10 11:15:12

BlackRock Appoints Galaxy Digital as Validator for ETHB After $435M AUM

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Published at 2026-04-09 16:15:51

NYT Names Adam Back as Satoshi; Back Denies, Ripple CTO Says 'Case Closed'

The New York Times published an 18‑month investigation linking Adam Back to Satoshi Nakamoto using stylometric analysis, interviews, and historical research; Back has denied the claim. Ripple’s CTO responded by calling the matter 'case closed' as the crypto community digests the report.

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Published at 2026-04-09 13:15:12

Ripple CTO Says Satoshi’s Bitcoin Keys Are Likely Lost Forever

Ripple CTO David "JoelKatz" Schwartz said the private keys to Satoshi Nakamoto’s estimated $70 billion Bitcoin stash are most likely irretrievable. His remark on April 9 highlights renewed attention on Bitcoin’s long-term supply dynamics.