This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week, with a comment on each story. First, an important security warning. Coldcard users, pay …
Continue reading “AI Stocks Trade Like Memecoins While Bitcoin Barely Moves – Week in Review”
Hardware wallet users face sudden losses exceeding $70 million in Bitcoin (BTC) after a critical firmware flaw allows remote draining of funds. Attackers exploited weak randomness in seed phrase generation on affected Coldcard devices to reconstruct private keys without any physical access. According to CoinKite, the error caused some devices to generate recovery seeds using …
Investors have previously benefited from a payout boost when the preferred STRC shares traded well below their $100 par value for a month. While Strategy’s preferred STRC shares ended July well below their $100 par value, investors were told that their August dividend will not increase, holding at 12%. Executive chairman Michael Saylor delivered the …
Continue reading “Strategy leaves preferred STRC dividend at 12% as price still below par”
New car buyers face increasingly heavy monthly loan obligations exceeding $1,000. Data from the authoritative online automotive research and car-shopping platform Edmunds reveals that one in five Americans who bought a new vehicle in Q2 2026 is handing over $1,000 or more per month on their car loan, reports Moneywise. The average amount financed for …
Continue reading “New Car Buyers Shoulder $1,000-Plus Monthly Payments That Sap Wealth Building”
This week’s stories mixed Bitcoin history, U.S. regulation, new financial markets, DeFi consolidation, and geopolitical pressure. Satoshi Nakamoto’s famous “I don’t have time to try to convince you” line turned 16, while Scott Bessent demanded an immediate Senate vote on the CLARITY Act. CME Group unveiled sports index futures, Aave moved to exit six low-use …
Continue reading “Russia Goes After Durov, Bessent Slams CLARITY Opponents, and More – Weekly Recap”
On Jan. 10, 2026, a bitcoin and litecoin holder handed over their 12-word recovery phrase to someone posing as Trezor support and watched $282 million vanish in minutes, not because any encryption was broken, but because those 12 words are the entire wallet, and whoever holds them holds the funds. The Words Aren’t a Password. …
Continue reading “Seed Phrases: The 12 Words Standing Between You and Losing Everything”
The government of Russia has included the city of Moscow and other regions in a 2024 decree banning cryptocurrency mining activities from August 15 to December 31, 2032. The amendment also includes the Moscow region and some territories of the Kursk region. Russia Expands Cryptocurrency Ban Decree Reach, Includes Moscow and Moscow Region The Government …
Continue reading “Moscow Bitcoin Mining Ban Hits Data Centers Until 2032”
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, crypto demand booms in Brazil, Argentina’s banking groups are building stablecoins, and the IMF calls for an overhaul of crypto regulation in Brazil. Stablecoins Eclipse Bitcoin in Brazil as Demand Hits $14.68B According …
A United States Postal Service (USPS) mail carrier has been arrested after stealing a winning lottery ticket from the mail and cashing it in for herself. The ticket owner reported that a $2,600 Pick 4 winner purchased at a 7-Eleven in Tampa never reached its intended recipient, reports Gulf Coast News Now. Investigators from the …
Continue reading “USPS Mail Carrier Arrested After Stealing $2,600 Lottery Ticket Mailed in Florida”
A former IT administrator at a North Carolina nonprofit healthcare provider has received a lengthy prison sentence after systematically stealing more than $941,000 through fraudulent equipment purchases. Robin Corey Rix was convicted of four counts of obtaining property by false pretenses involving more than $100,000 and one count of embezzlement of funds by public officers …
Trump Media transferred another 2,628 Bitcoin to Crypto.com, bringing its reported sales over seven months to 7,281 BTC and leaving the company with 4,261 BTC in holdings. Trump Media & Technology Group, the company behind Truth Social, has made another major move involving its Bitcoin holdings, extending a series of recent sales. The company sold …
Continue reading “Trump Media sells another 2,628 BTC, holdings fall to 4,261 BTC”
Bitcoin users moved 39,600 BTC in small transactions as the Coldcard hack continued, with researchers warning that the attack remained active. Smaller Bitcoin transfers have reached levels not seen since the collapse of cryptocurrency exchange FTX amid an ongoing suspected Coldcard hack. Bitcoin transfers below 1 BTC climbed to their highest daily level since November …
Continue reading “Coldcard hack sparks biggest sub-1 BTC move since FTX: CryptoQuant”
Lite Strategy, a Nasdaq-listed company that holds Litecoin as its primary reserve asset, spent about $5.4 million repurchasing roughly 4.9 million shares through July 17. The company funded the purchases with an undisclosed mix of LTC sales and covered-call premiums. The transaction shrank Lite Strategy’s reported Litecoin holdings but appears to have lifted LTC backing …
U.S. spot Bitcoin funds posted net outflows of $265.4 million on July 31, reversing a $233.1 million inflow the previous session. Ethereum showed a $9 million net inflow, but only because BlackRock’s staked Ethereum fund drew more than the group gained overall. Every Bitcoin product displayed in Farside’s July 31 table was flat or negative. …
Friday, July 31, was the final trading day for six Bitwise option-income ETFs. Shareholders still holding shares as of Aug. 3 face automatic cash redemption rather than an exchange sale. The Bitwise Funds Trust board voted June 30 to liquidate ICOI, IMRA, IMST, IGME, ICRC, and IETH, according to an SEC prospectus supplement. The products …
