Connect with us

Crypto World

Robert Kiyosaki Invests Millions in Bitcoin and Gold Ahead of Predicted 2026 Crash

Published

on

Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR

  • On March 15, Robert Kiyosaki issued warnings about an intensifying financial “giant crash”
  • The author highlighted panic in private credit markets and distress among leading banks
  • Kiyosaki deployed millions to acquire oil assets, precious metals, Bitcoin, and Ethereum
  • He contrasted his investment strategy with Warren Buffett’s cash-heavy approach
  • The financial educator forecasts higher valuations for gold, silver, and Bitcoin post-crash

The bestselling author of Rich Dad Poor Dad, Robert Kiyosaki, issued fresh concerns on March 15 about an escalating financial crisis. His warnings focused on turbulence in private credit markets and mounting pressure on established banking institutions.

“Crash accelerates,” he wrote on X. “Private credit funds are panicked as investors withdraw their money. Major big-name banks and brand-name financial institutions are in trouble.”

Kiyosaki also referenced economist Jim Rickards, noting that he has officially proclaimed the United States has entered a “New Depression.”

In response to these conditions, Kiyosaki revealed he deployed millions of dollars in capital last week. His purchases included additional oil wells, precious metals, and cryptocurrency holdings.

Advertisement

“Last week I took millions in cash and purchased more oil wells, more gold, silver, and bitcoin,” he wrote.

The financial educator confirmed he’s also accumulating Ethereum as part of his diversified acquisition strategy.

Kiyosaki referenced Warren Buffett’s well-known cash accumulation strategy, recognizing it as a tactical approach to maintain liquidity and acquire undervalued assets when markets decline.

Kiyosaki vs. Buffett: Two Different Crash Strategies

Buffett’s company, Berkshire Hathaway, has been building its cash position for some time. Kiyosaki acknowledged the logic, saying “Cash is not trash in a crash.”

However, Kiyosaki emphasized that his investment philosophy differs fundamentally. Rather than stockpiling currency, he’s converting it into tangible assets.

“I doubt Warren Buffett would do what I do,” he wrote.

For investors lacking a clear strategy, Kiyosaki provided straightforward guidance. He suggested that remaining on the sidelines might be the wisest choice during market turbulence for those without a defined plan.

Advertisement

The author also highlighted Middle East geopolitical instability as an influencing factor. He noted that persistent attacks on oil tankers navigating the Strait of Hormuz are elevating crude prices, which directly benefits his Texas-based oil well investments.

Why Kiyosaki Keeps Buying Bitcoin

Kiyosaki has maintained a vocal stance on Bitcoin acquisitions for multiple years. He consistently categorizes it alongside precious metals as a “real asset” due to its mathematically limited supply of 21 million coins.

He has repeatedly stated his conviction that Bitcoin represents a superior investment compared to gold. Market corrections, according to him, present optimal opportunities to expand holdings.

His Bitcoin-related statements have attracted scrutiny for apparent contradictions. One post claimed he never purchased Bitcoin above $6,000, while subsequent posts documented purchases at significantly elevated price levels.

Advertisement

Regardless of the debates, he continues to publicly endorse Bitcoin and Ethereum as fundamental components of his investment approach.

Kiyosaki maintains his belief that valuations for gold, silver, and Bitcoin will surge following a substantial market crash. While acknowledging his predictions could prove incorrect, he expresses strong confidence in his current positions.

The financial author initially forecast his “giant crash” scenario in his 2013 publication Rich Dad’s Prophecy. His warnings have intensified in frequency as 2026 approaches.

Advertisement

Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto World

Whitehat hacker accuses Injective of ghosting after $500M bug disclosure

Published

on

Whitehat hacker accuses Injective of ghosting after $500M bug disclosure

A whitehat hacker has gone public over a months-long feud with the team behind Injective over its response to a critical bug disclosure.

According to the report, the vulnerability in question put $500 million at risk via a faulty validation system.

The pseudonymous crypto security researcher, who goes by the moniker al_f4lc0n, has accused Injective of ghosting them for three months, despite fixing the bug, and later lowballing the bounty payout.

Read more: Ethereum address poisoning spike, ‘wallets aren’t ready’ says researcher

Advertisement

The bug

The bounty hunter uploaded a full bug report to a GitHub repository called “injective-wall-of-shame.”

In the repo’s readme, entitled “I Saved Injective’s $500M. They Pay Me $50K,” they explain that the vulnerability allowed “any user to directly drain any account on the chain. No special permissions needed.”

The more detailed technical report describes how a faulty subaccount validation system allowed for an attacker to submit market orders on other users’ behalf.

The bug was exploitable by an attacker creating a worthless token and creating a spot market, pairing it with USDT. Both these actions are permissionless on Injective.

Advertisement

Then, by creating a sell order of the fake token, the attacker could force victim accounts to buy the worthless token for USDT, “at the attacker’s chosen price.” The USDT could then be permissionlessly bridged off Injective, to Ethereum.

The report claims this put all value on the blockchain at risk, and that the total was over $500 million at the time of disclosure.

The figure currently sits at $280 million, the vast majority of which is in the INJ token.

Embed: Oracle error adds to turmoil at DeFi giant Aave

Advertisement

The bounty

Injective is a blockchain network which lists the likes of Binance, Jump, Google and Pantera as partners, claiming “institutional and government players are joining us.”

Bug bounties are a common way for organizations to crowdsource continuous security monitoring from specialist whitehat bounty “hunters.”

Injective’s ImmuneFi page lists a maximum bounty of $500,000 for critical threats related to its blockchain and smart contracts.

The researcher claims, “a mainnet upgrade to fix the bug went to governance vote. The Injective team clearly understood the severity.”

Advertisement

They also allege that injective “ghosted” for three months after the fix, before offering a bounty 10x lower than the maximum. “To be clear: the $50K has not been paid either,” they stress. 

Protos has reached out to Injective for comment on al_f4lc0n’s claims, but hadn’t received a response before publication. This article will be updated should we receive one.

Got a tip? Send us an email securely via Protos Leaks. For more informed news, follow us on XBluesky, and Google News, or subscribe to our YouTube channel.

Advertisement

Source link

Continue Reading

Crypto World

South Korea Hits Bithumb With $24.5M Fine Over AML Violations

Published

on

South Korea Hits Bithumb With $24.5M Fine Over AML Violations

South Korea has fined crypto exchange Bithumb 36.8 billion won (about $24.5 million) and imposed a six-month partial business suspension after finding widespread violations of Anti-Money Laundering (AML) rules, according to a Yonhap News Agency report. 

According to Yonhap, regulators identified about 6.65 million violations during an AML inspection, including failures related to customer identity verification, transaction restrictions and record-keeping requirements. Authorities found Bithumb facilitated 45,772 crypto transfers involving 18 unregistered overseas virtual asset service providers (VASPs), in violation of South Korea’s AML rules. 

The Financial Intelligence Unit (FIU) under the Financial Services Commission (FSC) reportedly decided on the penalties following a sanctions deliberation committee meeting reviewing the exchange’s compliance with the Act on Reporting and Use of Specific Financial Transaction Information. 

The sanction includes the largest fine yet imposed on a South Korean crypto exchange, following an ongoing regulatory crackdown on AML compliance.

Advertisement

South Korea imposes a six-month partial ban on Bithumb

Under the measures, Bithumb will be banned from processing external crypto transfers for new customers for six months, from March 27 to Sept. 26.

However, existing users will face no trading restrictions, while new customers can still buy or sell crypto and deposit or withdraw Korean won from the exchange. 

Related: South Korea plans to use AI for crypto tax enforcement

Advertisement

The FIU said it had repeatedly warned Bithumb to halt transactions with unregistered overseas crypto firms. However, the regulator said the exchange failed to comply and was unable to implement effective blocking measures. 

On March 9, the FIU gave Bithumb a preliminary notice of a six-month partial suspension, citing its concerns over Bithumb’s violations before determining the final sanctions.

South Korea’s broader AML enforcement drive

Apart from Bithumb, the FIU has also previously penalized other South Korean exchanges for AML violations.

In February 2025, the regulator imposed a three-month restriction on crypto deposits and withdrawals for new Upbit customers after finding violations tied to dealing with unregistered VASPs. Upbit also received a 35.2 billion won (about $23.5 million) penalty.

Advertisement

The crackdown later reached crypto exchange Korbit. In December 2025, the FIU imposed a 2.73 billion won (about $1.8 million) fine and an institutional warning on the exchange over AML and customer-verification breaches.