Crypto researchers say Bitcoin investors have now lost more than $88 million to an exploit in the Coldcard hardware wallet. Researchers at Galaxy say BTC is being drained from addresses by bad actors in waves, due to a firmware bug that dramatically reduced the randomness of how the wallet creates its secret recovery phrase. “A …
Monthly archives: August 2026
Hashdex to shut smallest Bitcoin ETF after more than two years
The spot price Bitcoin exchange-traded fund, which was never able to attract more than $18 million in net assets, will pay out investors and sell its 225 BTC in the coming weeks. Hashdex said it will liquidate its eponymous spot-price Bitcoin exchange-traded fund this month, distributing the cash to all remaining shareholders and selling the …
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US hints at more yen intervention: Five things to know in Bitcoin this week
The US and Japan coordinate on the yen for the first time since 2011 as Bitcoin traders brace for a historically rough August. Bitcoin (BTC) starts the first full week of August circling $63,000 as traders weigh the impact of the ongoing Coldcard wallet hack. Read more Go to Source
How Fake World Assets and onchain gacha became crypto’s latest craze
Fake World Assets turns forgotten NFTs into an onchain lottery — but is crypto’s latest obsession built to last? Just when you thought crypto was getting boring, a new phenomenon is lighting up Crypto Twitter — Fake World Assets (FWAs). Yes, really. It’s the latest iteration of the onchain gacha craze, where users receive a …
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Strategy sells 1,638 Bitcoin to fund dividends and STRC repurchases
Michael Saylor’s Strategy sold 1,638 Bitcoin in its second-largest sale of the year to fund dividend payments and repurchase its preferred STRC stock. Michael Saylor’s Strategy sold 1,638 Bitcoin between July 27 and August 2, marking the year’s second-largest Bitcoin sale for the company. Strategy sold 1,638 Bitcoin (BTC) at an average price of $63,957 …
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Bithumb sets 2028 IPO timetable as it overhauls internal controls
The South Korean exchange plans to seek preliminary listing review in 2027 while overhauling controls after a February crediting error. South Korean cryptocurrency exchange Bithumb said Monday it plans to apply for a preliminary listing review in 2027 and complete an initial public offering in 2028. Bithumb said it has reorganized its business structure, including …
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CLARITY Act failure could send crypto valuations lower: Bernstein
Bernstein said Congress’s failure to pass the CLARITY Act’s could trigger another leg down for crypto valuations and accelerate policy support from US regulators. The odds of the Digital Asset Market Clarity Act’s (CLARITY) passage are dwindling as the US Senate is scheduled to begin summer recess at the end of this week, threatening another …
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Trumps’ American Bitcoin reports record BTC output, narrower Q2 loss
Trump-linked Bitcoin miner produced a record 932 BTC in the second quarter, lifting mining revenue 8% as its net loss narrowed from the previous quarter. American Bitcoin posted record Bitcoin production in the second quarter, as higher mining output lifted revenue while the Trump family-linked miner remained in the red. The Nasdaq-listed company, co-founded by …
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Four unpatched bugs, a 5-year quantum clock, and a miner standoff are pushing Bitcoin to a critical crossroad
Bitcoin entered BIP-110’s final ordinary 2,016-block window on July 25 with miner support at 0.89%. The proposal requires 1,109 blocks, or 55%, for ordinary lock-in, and its mandatory version-bit phase can begin in August if support stays below that threshold. Jameson Lopp has framed Consensus Cleanup, covenants, and quantum preparation as Bitcoin’s next agenda. He …
Bitcoin miner gambles on a 4-day bridge loan equal to 97% of its BTC treasury value – the deadline passed without in total silence
PowerCompute, a Bitcoin miner expanding into high-performance computing, disclosed that its US Digital subsidiary borrowed about $18.07 million from Arch Lending under two bridge notes signed July 27. The notes had a listed July 31 maturity, four days after signing, and permitted payment until 5 p.m. ET on Aug. 1. The proceeds were intended to …
Luno blocks crypto transfers for some users, leaving a late August cash-out deadline before monthly fees hit
Crypto platform Luno has stopped customers covered by its regional-exit notice from sending their crypto to another wallet or exchange. With that option closed, their remaining standard route is to sell their holdings and withdraw the cash to a bank by Aug. 31 before Luno closes their accounts on Sept. 1. Restrictions began June 1, …
Ten mystery investors are using 2,380 BTC to completely hijack a Nasdaq company and gut its leadership
Zhibao Technology, a Nasdaq-listed Chinese insurtech company, signed a $154.7 million private investment in public equity (PIPE) agreement payable in 2,380 BTC. If it closes, investors would take control of the board and management. No closing had been disclosed as of Aug. 1. Under the July 31 securities purchase agreement, investors would buy 442 million …
AI Agents Can Bypass Robinhood’s Stock Token Blocks, Per Coinfello
Robinhood Chain blocks U.S. persons from its tokenized Nvidia and Tesla stock, but the same permissionless network that powers 24/7 trading may let artificial intelligence (AI) agents and third-party wallets route around that block entirely. A Chain Built for Speed, Not Enforcement Amid much hype and fanfare, Robinhood Chain went live on July 1. Being …
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Saylor: Strategy Now Tracking Bitcoin’s 200-Week Average
Michael Saylor says Strategy is now tracking bitcoin’s 200-week moving average and its premium to that level, noting the price sits almost exactly on the line after trading above it 92% of the time historically. A New Metric on Strategy’s Dashboard Strategy’s executive chairman noted that the company is now tracking bitcoin’s 200-week moving average …
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ZachXBT Refuses to Trace the $88M Coldcard Hack
Blockchain investigator ZachXBT says he has no plans to trace the $88.6 million Coldcard hack, telling followers that Bitcoin’s community has offered him little support in return for his work in years past. ZachXBT Says He Has “Less Obligation” to Help The prolific onchain investigator, known for unmasking hackers behind some of crypto’s biggest thefts, …
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