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, […]
President 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 […]
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 […]
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 […]
The 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 […]
Coinbase 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 […]
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 […]
Sen. Cynthia Lummis (R-WY) said the current U.S. regulatory framework for digital assets “is not working” for the industry, consumers or law enforcement, pressing the Senate to pass the CLARITY Act before its August recess. A Blunt Assessment From the Floor Lummis made her case earlier today, arguing that the patchwork of existing rules governing […]
Bitcoin ETFs ended a four-day losing streak with $32.11 million in net inflows, powered by strong demand for Blackrock’s IBIT. Solana funds also rebounded sharply, while ether and HYPE ETFs moved deeper into negative territory. Morgan Stanley Pulls $19M Into Solana as Funds Reverse Loss The crypto exchange-traded fund (ETF) market changed direction again on […]
Robinhood reported record Q2 2026 net revenue of $1.31 billion and a 48% surge in net income to $573 million. Growth was fueled by strong performance in options trading, equity trading and a tenfold expansion in event contracts. Trading Revenue and Product Growth Financial technology platform Robinhood Markets reported record second-quarter net revenue of $1.31 […]
DCG’s Fortitude Mining has entered into purchase agreements worth about $45 million for mining hardware and Nebraska infrastructure as it accelerates vertical integration in Zcash mining. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the […]
Moscow’s Zamoskvoretsky District Court has moved Igor Runets, founder of crypto-mining firm Bitriver, from house arrest to a pretrial detention facility for at least two months. Stricter Measures Requested Amid Witness Tampering Concerns A Moscow court on July 29 ordered the transfer of Igor Runets, founder of Russia’s largest cryptocurrency mining company Bitriver, from house […]
Iran’s Islamic Revolutionary Guard Corps (IRGC) fired ballistic missiles at U.S. forces in Jordan yesterday, U.S. Central Command (CENTCOM) confirmed, sending West Texas Intermediate (WTI) crude up nearly 4% and putting bitcoin’s fragile ceasefire-driven rally back to the test. CENTCOM Says All Missiles Intercepted CENTCOM said in a statement that Islamic Revolutionary Guard Corps forces […]
South Korea’s Kospi index triggered a market-wide circuit breaker for the second consecutive time today, tumbling to an intraday low of 5,532.33 after opening more than 1% higher. Bitcoin (BTC), by contrast, climbed 1% above $64,000 even as Korea’s chip-stock selloff deepened. A Record Back-to-Back Circuit Breaker The Korea Exchange halted trading on both the […]
Strategy Inc. (Nasdaq: MSTR) says its stock has returned 42% annualized since the company adopted bitcoin as its primary treasury reserve asset in August 2020, outpacing bitcoin itself, the Magnificent Seven and the S&P 500. A Long-Term Bet, Restated Strategy Executive Chairman Michael Saylor’s company touted its multiyear stock performance this week, telling followers that […]
Elon Musk’s X Money left its invite-only testing phase on July 27, rolling out nationwide to U.S. Premium and Premium+ subscribers. The expansion pairs a Visa-branded debit card with up to $10 million in Federal Deposit Insurance Corporation (FDIC)-linked coverage. Beta Days Are Over X, the social platform formerly known as Twitter, first opened X […]
U.S. Senator Jon Husted (R-OH) publicly backed the Digital Asset Market Clarity Act on July 28, arguing the bill is essential for U.S. leadership in digital assets, even as the legislation’s odds of becoming law in 2026 have slipped to just 30%. Husted Joins the Chorus of Senate Backers Husted, who was appointed to the […]
Kenya’s National Treasury reduced the paid-up capital requirement for stablecoin issuers by 40% to approximately $2.32M to encourage entry into its rapidly growing crypto market. Broad Oversight for Central Bank Kenya has reduced the minimum paid-up capital required for stablecoin issuers by 40% to about $2.32 million (300 million Kenyan shillings). The revised threshold, published […]
Local reports indicate that while the central bank maintains a ban on banks offering crypto services, two banking holding groups are preparing to offer digital peso stablecoin alternatives for businesses that would take advantage of the perks associated with programmable money. Digital Peso Stablecoins in Development in Argentina While dollar-pegged stablecoins, like USDC and USDT, […]
Strategy Inc disclosed in a Form 8-K filed Monday that it increased its U.S. dollar reserve by $525 million, bringing the total to $3.75 billion as of July 27, 2026. The company said the reserve now covers 2.1 years of dividend and interest payments on its outstanding preferred stock and debt. Executive Chairman Michael Saylor […]