Iran has been dodging sanctions by accepting pay in Bitcoin from ships passing through the Strait of Hormuz, according to a Friday announcement from the U.S. Treasury’s Office of Foreign Assets Control. The OFAC sanctioned the companies tied to the Iranian regime accused of doing so. Ships have barely been passing through the strategic Strait … Read more
An affiliate of a political action committee (PAC) funded largely by contributions from cryptocurrency companies Ripple Labs and Coinbase has poured more cash into ads for next week’s primary race in Michigan’s 13th Congressional District. According to Federal Election Commission (FEC) filings as of Thursday, the Protect Progress PAC had spent more than a combined … Read more
Over a thousand bitcoins are believed to have been stolen so far in a hack that started to be discussed on social media in the afternoon of July 30th. Coinkite, one of the most reputable hardware wallet manufacturers, was revealed to have a critical bug in the way it generated secure private keys for its … Read more
Latest NewsPublishedAug 1, 2026 Galaxy Research identified 1,196 addresses that lost 1,082.65 Bitcoin in a 41-minute window, expanding the estimated scope of the Coldcard wallet incident. Galaxy Research, the research arm of crypto investment company Galaxy Digital, identified 1,196 addresses linked to the Coldcard wallet incident that lost 1,082.65 Bitcoin, worth about $70.2 million at … Read more
Russia has expanded its cryptocurrency mining restrictions to Moscow, with the ban set to take effect on Aug. 15, 2026, and remain in place through Dec. 31, 2032. Russia’s Resolution No. 936, signed by Prime Minister Mikhail Mishustin on July 25, 2026, amends an earlier mining restriction order issued in December 2024, according to records … Read more
US-listed spot Bitcoin exchange-traded funds (ETFs) finished July in the green despite a late-month wave of selling and BTC price volatility. Bitcoin ETFs attracted a modest $172.4 million in net inflows in July, reversing two consecutive months of outflows, according to SoSoValue data. The monthly inflows came despite a volatile end to July, as the … Read more
Big news in the crypto world today! It looks like the long-awaited CLARITY Act is finally getting close to being passed. This is a huge deal because it could change how cryptocurrencies are regulated in the United States. Coinbase, a major player in the crypto space, is really pushing for this. Their new Vice Chair, … Read more
Bitcoin (BTC) fell to its lowest levels in over two weeks on Friday as US stocks saw pressure into the monthly close. Key points: Bitcoin approaches $62,000 as daily losses hit 3.5%. US stocks saw no positive reactions to relief in Asia, where stocks rebounded after the semiconductor sell-off. Analysis warns that Bitcoin bear-market history … Read more
A Bank of Italy study found that stablecoin-based remittances did not offer a systematic cost or speed advantage over traditional payment channels, as fiat on- and off-ramp frictions accounted for most costs and transfer delays. Researchers tested 200 USDC (USDC) remittances across 10 bidirectional payment corridors linking Italy with Brazil, Argentina, Japan, the United Arab … Read more
Since over $70 million in Bitcoin was stolen yesterday by an attack that exploited a fault in the Coldcard’s system, it has been reported that the thief used a top blockchain services provider for help. Writing on X Friday, engineer at payments company Block, Clay Garrett, said that the provider — who he did not … Read more