Cold storage fears after Coldcard users lose $90M in Bitcoin 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 transfers below 1 BTC climbed to their highest daily level since 2022 on Friday, with 39,600 BTC moved, according to data shared … Read more
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 2,628 Bitcoin (BTC) worth about $165 million through transfers to Crypto.com, blockchain analytics platform Lookonchain said in a Sunday X post, citing data from Arkham. Lookonchain said … Read more
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 news in a tweet on Saturday, continuing to pitch STRC as a way to “stretch your income.” August will be the second month … Read more
While those applications have become increasingly visible, the infrastructure that enables deposits, withdrawals and settlement has largely remained behind the scenes. Fun is one of the companies building that infrastructure. The firm said it powers 100% of deposits and withdrawals on Polymarket and deposit flows into Aave’s largest vaults, while processing more than $3 billion … Read more
Everything under one login Round-the-clock trading is one part of the plans exchanges have for traditional assets. Coinbase and Binance want customers to trade crypto, stocks and other products through one account, a model both have described as an “everything exchange” or financial super app. Coinbase is preparing to offer U.K. customers equities and derivatives … Read more
U.S. Treasury Secretary Scott Bessent on Thursday became the latest major figure to support the crypto Clarity Act — and quoted Satoshi Nakamoto while doing it. Writing on X, the politician urged the Senate “vote NOW on this landmark legislation,” and blasted Democrats — focusing on Elizabeth Warren — for holding back the bill. Lawmakers … Read more
The popular Bitcoin hardware wallet Coldcard product, made by Coinkite, is at risk following a $70 million hack. Coinkite on Thursday admitted that its Coldcard Mk3 model was affected following the hack and advised users to move their funds. Then, on Friday, the company said that users of the later hardware devices Mk4, Mk5, and … Read more
Something massive is happening in the Bitcoin market right now, and it could send prices soaring. Large investors, often called “whales,” are quietly buying up huge amounts of Bitcoin. This isn’t just a small bump; we’re seeing a significant shift that many believe signals a major price surge is coming soon. Let’s break down what’s … Read more
First, yes, that is a very clickbait title and completely unusual. This is a real security issue. Here is the official announcement from Coinkite themselves posted yesterday, please read and verify the genuineness of the issue there. TLDR: Coldcard MK2, MK3, MK4, MK5 and Q are being drained. A bug lets attackers find your seed … Read more
Wife of former FTX executive seeks to preclude her husband’s guilty plea 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 team asked the court to consider precluding evidence related to former FTX Digital Markets co-CEO Ryan Salame, her husband … Read more