Saturday, August 1, 2026

Was AI Responsible for Finding the Coldcard Security Flaw?

Coldcard and top AI logos mash-up.A five-year-old Coldcard software flaw may have allowed an attacker to reconstruct private keys and sweep more than 1,100 bitcoin, prompting the wallet’s maker to blame the discovery partly on artificial intelligence (AI). A Coordinated Sweep Empties Hundreds of Wallets The incident became public after roughly 594 BTC, valued near $38 million at the time, […]

via Jamie Redman

Trump Weighs Ethics Counteroffer as CLARITY Act Nears August Deadline

Donald TrumpPresident Donald Trump is weighing a bipartisan ethics counteroffer for the CLARITY Act as Senate negotiators race to finalize crypto conflict-of-interest rules before the chamber’s August first week recess. A Counteroffer Reaches the White House Crypto policy journalist Eleanor Terrett reported on August 1 that Trump is weighing a bipartisan ethics counteroffer as the Digital […]

via Shiraz Jagati

Sygnum Bank’s B2B Model Fuels Switzerland’s Crypto Boom

Zurich-based Sygnum Bank has connected its regulated cryptocurrency services directly to Bancastato’s online banking system, giving clients in Switzerland’s Ticino region the ability to buy, hold, and sell four digital assets without opening an account at a separate exchange. Bancastato Brings Crypto Into Everyday Banking The integration, Sygnum explained, places bitcoin, ether, litecoin, and solana […]

via Jamie Redman

DOJ Files to Recover $47K in Crypto From ATM Fraud Scheme

Federal prosecutors are seeking approximately $47,000 in cryptocurrency allegedly taken from five victims through a technology-support and government-impersonation fraud scheme. The case reflects expanding efforts to recover digital assets after scammers convert victims’ cash through cryptocurrency ATMs. Computer Warning Led Victim to a Crypto ATM The U.S. Attorney’s Office civil forfeiture action seeking 47,461.73111 USDT […]

via Kevin Helms

Friday, July 31, 2026

NY Sues Kalshi, Demanding $100K Fine Per Illegal Bet

NY Kalshi LawsuitThe lawsuit alleges that Kalshi acted as an unlicensed gambling operator, stressing that prediction markets meet the legal definition of gambling as the outcomes of event contracts “are uncertain and outside the control of the bettor or hinge on a game of chance.” New York Alleges Kalshi Violated State Laws Operating an Unlicensed Gambling Business […]

via Sergio Goschenko

Coinbase Hits Record 10.3% Market Share Despite $359M Loss

Coinbase logoCoinbase Global (Nasdaq: COIN) captured an all-time-high 10.3% share of global crypto trading volume in the second quarter, even as the exchange posted a $359 million net loss on revenue that missed Wall Street estimates. Market Share Climbs for a Third Straight Quarter Coinbase disclosed the milestone in its second-quarter 2026 earnings release yesterday, calling […]

via Shiraz Jagati

Strategy Swings From $14B Profit to $8.2B Loss as Saylor Sells

Image of Michael Saylor at an event.Strategy Inc. (Nasdaq: MSTR) posted an $8.22 billion quarterly loss as bitcoin’s price slide erased last year’s $14 billion gain. Regardless, the firm grew its BTC stack 11% to 843,775 coins but kept selling to fund shareholder payouts. Holdings Grow Even as Sales Continue Strategy disclosed the results in its second-quarter 2026 financial report, published […]

via Shiraz Jagati