Bitcoin ETFs Add Nearly $800 Million In The Wake Of Coldcard Exploit

One of the biggest Bitcoin security stories of the year unfolded last week as a firmware exploit affecting certain Coldcard hardware wallets renewed industry debate around self-custody and operational security. At the same time, another story was developing in the background. Over the same seven trading days, U.S. spot Bitcoin ETFs attracted $790.6 million in … Read more

Local Stablecoins Could Become Gateways to Digital Dollars: IMF

Domestic-currency stablecoins intended to curb reliance on dollar-backed tokens could instead make it easier for users to move funds into digital dollars, according to a senior International Monetary Fund (IMF) official. On Friday, IMF First Deputy Managing Director Dan Katz said that once local and dollar stablecoins operate on the same blockchain infrastructure, users can … Read more

Bybit Wins Court Support to Trace $1.5B North Korea Hack Funds

United States court records unsealed on Thursday show that a federal judge backed crypto exchange Bybit’s effort to trace assets stolen in the $1.5 billion North Korea-linked hack by granting the company expedited discovery.  According to the records, Bybit filed the lawsuit under seal on June 18 against North Korea, its Reconnaissance General Bureau, the … Read more

Senators Lummis, Alsobrooks Continue Work On Clarity Act

The Clarity Act may be delayed — for now — but pro-crypto senators remain committed to the fight.  And not just Republicans: Democratic Senator Angela Alsobrooks accompanied conservative “Bitcoin Senator” Cynthia Lummis in assuring voters that work was being done on the bill.  Lawmakers were hoping a crucial vote on the long-awaited crypto market structure … Read more

Trump Media Pulls Back From Crypto Deals: Report

The President Donald Trump-backed media company, Trump Media and Technology Group, is pulling back from two of its crypto deals, according to a report by Axios.  The publication reported Friday that the two deals with Crypto.com — a prediction market and treasury — would not go ahead.  Citing comments from fusion energy company TAE’s interim … Read more

Victims Report Median Loss Of 1 BTC

New analysis of Bitcoin theft reports reveals that stolen funds overwhelmingly came from long-dormant wallets, with victims reporting a median loss of over one coin. Data posted on X from Galaxy Research’s Alex Thorn looked at 250 victim reports and found the typical stolen coin had sat untouched for 3.5 years, and a striking 88% … Read more

Bitcoin Price Shrugs Off Coldcard Hack And Clarity Act Delay

Bitcoin was trading higher on Friday — despite negative news circulating regarding the Clarity Act delay and a massive exploit of the popular Coldcard wallets.  The biggest cryptocurrency was trading above $65,170 today, up nearly 4% over the past week, despite significant headwinds against the asset.  Little over a week ago, hackers started stealing millions … Read more

Fierce Backlash to Ethereum’s EIP-8363 Staking Proposal

Ethereum researchers just wanted to reduce staking incentives. Instead, they sparked one of the biggest debates over the network’s economics since the Merge. Ethereum Improvement Proposal EIP-8363, or “Tapered Issuance Burn,” would gradually reduce staking rewards as more and more Ether is locked up to secure the network — eventually cutting new protocol issuance to … Read more