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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HashKey Exchange said it received approval to open client money accounts with JPMorgan, weeks after it launched customer fund accounts with DBS Bank. Hong Kong-licensed cryptocurrency exchange HashKey Exchange received approval from JPMorgan Chase to open a client money account, its parent company said Monday. The account will support client fund segregation and settlement through …
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The crypto exchange stopped accepting new registrations from Japan residents and will begin progressively restricting existing accounts on Nov. 1. Crypto exchange Bitget said it will stop providing services to residents of Japan and phase in account restrictions. The exchange announced Monday that it had stopped accepting new registrations from residents of Japan, while account …
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The Nasdaq-listed company relies largely on staking rewards to fund operations, while its 0G holdings were valued 91% below their recorded costs. Nasdaq-listed crypto treasury company ZeroStack warned that substantial doubt exists about its ability to continue operating over the next year, reversing its assessment from three months earlier. In a Form 10-Q filed with …
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Galaxy research head Alex Thorn warned that unconfirmed transactions may give some Coldcard users a narrow opportunity to save their funds.
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 …
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 …
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 …
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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 …
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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 …
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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 …
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 …
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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 …
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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 …
Continue reading “Onchain, in court: What happened in crypto legal news this week”
