Moonbeam’s standard GLMR migration window closed last night at 23:59 UTC (July 31), as its Polkadot network moved into an operational wind-down ahead of a relaunch on Base. The cutoff ended the standard route for self-custodied free balances, while exchange holdings, frozen balances, and protocol positions remained subject to separate handling. Related Reading Latest bear …
Monthly archives: August 2026
A major Japanese Bitcoin mining pool just pulled the plug on its Bitcoin service just as 3 mega-miners claimed 60% of the network
By the time SBI Crypto pulled the plug on its Bitcoin pool in Japan on July 31, its seven-day average hashrate had fallen 64% in a month. Later that day, a Hashrate Index reading put Foundry USA, AntPool and F2Pool at 60% of recent blocks. The timing makes them look connected. Weekly data tell a …
Louisiana just armed crypto ATM users with a legal cheat code to demand full refunds from unlicensed operators
Starting Aug. 1, Louisiana users may cancel a virtual-currency-kiosk transaction made on or after that date and demand a full refund at any time if the machine’s owner or operator was unlicensed when the transaction occurred. Act 482 puts the cost of an eligible refund on the operator. Eligibility depends on the operator’s license status …
Elon Musk Denies Tesla China Sale Report Tied to SpaceX Merger
Elon Musk rejected a Wall Street Journal report claiming Tesla explored separating or selling its China business ahead of a potential SpaceX merger. The public dispute centers on one of Tesla’s largest operations and a report linking it to a broader corporate restructuring. Musk Rejects Report on Tesla’s China Business Elon Musk rejected a report …
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Michael Saylor Rejects Report of New Strategy Bitcoin Sale Approval
Michael Saylor rejected claims that Strategy had approved a new $5 billion bitcoin sale plan, identifying the authorization as an existing capital-management tool. His clarification separates potential selling capacity from an immediate decision to reduce holdings. Saylor Pushes Back on Viral Bitcoin Sale Claim Strategy Executive Chairman Michael Saylor pushed back Aug. 1 on reports …
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Coldcard Theft Balloons to $88M as Exchange Deposits Spike, Old BTC Moves
A suspected third wave of Coldcard-related bitcoin sweeps has pushed the observed incident to an estimated 1,367 BTC, while exchange deposits and long-dormant wallet activity have added two more signals for analysts to watch. A Third Wave Expands the Damage Galaxy Research disclosed on X that the three suspected waves drained about 4,585 addresses and …
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Strategy Holds STRC Dividend at 12% as Stock Stays Below Par
Strategy confirmed its Stretch (STRC) preferred stock will keep paying a 12% annualized dividend in August 2026, even after the security closed July at roughly 12% below its $100 par value. A Rate That Keeps Climbing but Can’t Reverse Strategy (Nasdaq: MSTR) Executive Chairman Michael Saylor confirmed on August 1 that the Stretch Dividend Rate …
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Analyst: Bitcoin Drops to $60K in August Before Rebounding to $70K
Andrey Poroshin, a financial analyst at Bitbanker, an exchange with a presence in Russia, the UAE, and Kyrgyzstan, stresses that bitcoin will retest $60K lows as excess liquidity is withdrawn to recover $70K later, a price still below the base cost of mining in the U.S. Analyst: BTC To Retest $60K Levels In August But …
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Japan, US Plot Yen Rescue as Speculators Face Reckoning
Japan and the United States are preparing to unveil a joint policy as early as next week to stop speculators from driving the Japanese yen to fresh multi-decade lows. Japan Strikes First, Buying Nearly $59 Billion in a Day The move follows a dramatic week of currency action. On July 30, Japan’s Ministry of Finance …
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Dice Rolls Keep Bitcoin Keys Offline, but Not Everyone Will Bother
A standard six-sided die produces about 2.6 bits of unpredictable information with every roll. That may not sound like much, but repeated enough times, those rolls can create the raw randomness needed to secure a bitcoin wallet without relying on software or an electronic component. Why a Die Roll Is So Difficult to Predict Claude …
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Onchain, in court: What happened in crypto legal news this week
A case tied to defunct crypto exchange FTX moves forward, a soldier seeks to dismiss over a Polymarket bet and a former congressman was ordered to pay $35,000 for manipulative trading. In a Friday filing with the US District Court for the Southern District of New York (SDNY) over campaign finance charges, Michelle Bond’s legal …
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Kansas Wealth Management Firm Data Breach Potentially Exposes Client Names, Social Security Numbers and More
Cybercriminals infiltrated the computer networks of the Kansas-based financial advisory firm Werth Wealth Management (WWM). Werth says the cybersecurity division at financial services firm Raymond James detected unauthorized access to WWM’s computer systems, allowing hackers to steal client data, which may include names, dates of birth, Social Security numbers, driver’s license and passport numbers, dates …
Minnesota crypto ATM ban goes into effect after reported $1M losses
State officials reported that Minnesota residents, and largely senior citizens, had lost about $1 million from scams tied to crypto kiosks from 2023 to 2025. A Minnesota law prohibiting virtual currency kiosks in the US state took effect on Saturday following the signing of a sign by Governor Tim Walz in May. According to the …
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Crypto PAC pours another $1M into Michigan House race
Michigan incumbent Shri Thanedar’s re-election bid against other Democratic candidates is getting more about crypto with an infusion of ads funded by an industry-aligned PAC. An affiliate of a political action committee (PAC) funded largely by contributions from cryptocurrency companies Ripple Labs and Coinbase has poured more cash into ads for next week’s primary race …
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If the Fed trusts this single 2.2% metric, Bitcoin could break $65.3k and ignite a path to $68k
Bitcoin is trading near $63,000, with rate markets assigning roughly 66% odds to a September Federal Reserve hike, under a policy framework Kevin Warsh has left partly hidden. The Fed chair has defined his reaction function around “underlying inflation,” then declined to disclose how he weighs the indicators that produce that judgment. The official dashboard …