Bitcoin Wasn’t Hacked in Coldcard Attack, Pompliano Explains

Anthony Pompliano separated the Coldcard security failure from Bitcoin’s protocol as verified losses exceeded $86 million. His warning arrives amid bearish sentiment, when technical incidents can quickly magnify fear, misinformation, and internal conflict. Pompliano Challenges the ‘Bitcoin Was Hacked’ Narrative Bitcoin investor and entrepreneur Anthony Pompliano addressed the Coldcard security incident on Aug. 2, warning …

CLARITY Act Faces New Senate Threat Over Trump Crypto Gains

A new Senate Banking Committee minority staff analysis renews Democratic objections that the CLARITY Act preserves pathways for President Donald Trump to profit from crypto ventures after financial disclosures showed about $1.4 billion in 2025 crypto earnings. The latest findings could further complicate the bill’s prospects before a Senate vote. New Senate Analysis Examines Trump’s …

Bitgo CEO Funds 100 BTC Wallet, Dares Anthropic’s AI to Steal It

Bitgo Chief Executive Officer Mike Belshe turned one of artificial intelligence’s biggest security debates into a public bitcoin challenge by placing 100 BTC, worth roughly $6.3 million at the time, into a publicly known wallet and inviting Anthropic’s Claude models to steal it. The move followed Anthropic’s disclosure that several of its AI models reached …

Samson Mow Shares 5 Urgent Steps for Coldcard Users Facing Losses

Bitcoin advocate Samson Mow outlined five immediate actions for users affected by the Coldcard wallet losses following the disclosure of a random number generator vulnerability. His recommendations focus on preserving evidence, reporting thefts, avoiding recovery scams, and documenting information that could support ownership claims. Samson Mow Outlines Immediate Actions for Affected Users JAN3 CEO Samson …

Bitcoin Miners Face August Showdown After Revenue Rebound

After June’s brutal slide from May, bitcoin miners finally caught a bit of breathing room. July mining revenue climbed by $38.93 million over June, offering a modest rebound, but not enough to erase the pressure many operators have been battling for months. May’s Boom Quickly Turned Into June’s Bust The latest six months of mining …

Coldcard exploit sparks Bitcoin flight, ‘bullish’ crypto consolidation: Hodler’s Digest, August 2

The “sickening” loss of $90 million of Bitcoin from cold storage weighs heavily on sentiment, as the Clarity Act stalls with just five days left to hold a Senate vote. After $90 million in Bitcoin was drained from Coldcard wallet users, small hodlers desperately sought refuge on centralized exchanges and via alternative custody methods. Bitcoin …

BTC Plunge Triggers Altcoin Sell-off as ADA Bucks the Trend

Bitcoin’s late-July rally collapsed into a $3,000 flash drop to $62,236 on July 31, erasing $40 billion in market capitalization. Total crypto market capitalization fell from $2.33 trillion to $2.22 trillion, while total altcoin market cap dropped to $964 billion. Bitcoin’s July Rally Collapses Into $62K Slump After teasing double-digit gains for much of late …

Iran Rejects Trump Deal as Hormuz Tensions Grip Markets Again

Conflicting statements from Washington and Tehran have cast fresh uncertainty over the Strait of Hormuz, leaving global markets and governments watching to see whether diplomacy can prevent another escalation in one of the world’s most strategically important waterways. Trump Says a Deal Is Taking Shape, but Iran Pushes Back U.S. President Donald Trump announced late …

New York State Sues Prediction Market Platform Kalshi Over Unlicensed Betting Operations

New York state officials target the prediction market platform Kalshi in a lawsuit over claims of unlicensed betting on sports, elections and other outcomes. The action seeks to halt the company’s activities in the state while imposing significant financial penalties, according to New York Attorney General Letitia James. According to the lawsuit, the platform’s markets …

Trump’s legal loophole around the Supreme Court is keeping inflation alive – and trapping Bitcoin in the Fed’s crosshairs

The Supreme Court gave Donald Trump a pretty direct answer in February: the emergency law he had used to tax imports from nearly everywhere didn’t give him the authority to impose tariffs. However, Washington didn’t see that as a locked door and treated it more like a disappointing result from a key-cutting machine. The administration …

New York asks judge to force Kalshi to hand over the names, wagers, and losses of its local bettors

New York has asked a Manhattan state court to permanently block prediction-market exchange Kalshi from offering what the state calls unlicensed sports wagering to New Yorkers, escalating a fight over whether federal commodities oversight shields the platform from state gambling laws. A verified petition dated July 31 asks the court to order Kalshi to identify …

Ethereum just outpaced Bitcoin with $365 million in ETF inflows, but on-chain data shows the real bottom isn’t in yet

Ethereum outpaced Bitcoin in July as stronger investment-product demand and corporate accumulation powered its first sustained relative advance in months. Data from CryptoSlate shows that ETH gained 19% during the month, climbing as high as $1,970 before retreating to $1,868 as of press time. Bitcoin rose 8% over the same period but repeatedly failed to …

The sudden collapse of a $20 billion AI fund reveals why Bitcoin is the first thing Wall Street sells when margin calls hit

A $20 billion AI hedge fund gained 439% through June, lost roughly two-thirds of its value in July, and sold most of a $16 billion public-stock portfolio as leverage turned against it. The collapse offers a warning for Bitcoin: when Wall Street needs cash quickly, the first asset sold may not be the one that …

Coinkite Under Fire for Retaining Customer Emails After $88M Coldcard Hack

The company, which is facing issues with its Coldcard wallet, sent security notices to customers to warn them about the high risk of losing their bitcoin. Nonetheless, Rodolfo Novak, co-founder and CEO of Coinkite, had assured that the company retained customer data for just 90 days after a purchase. Coinkite Faces Criticism For Leveraging Customer …

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