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

Breez Announces Glow, An Open Source Bitcoin To Stablecoins Progressive Web App

Developed by Breez in partnership with Bitcoin Spark, the Glow app lets users send stablecoins from their Bitcoin balance, while empowering developers to build better user experiences without having to worry about the difficult parts of building on top of Bitcoin. Breez’s SDK takes care of asset exchange in the background while supporting lightning payments … Read more

Shiba Inu Sees Massive Burn Event Amidst Price Woes: Is a Rebound Imminent?

Today, August 7, 2026, the cryptocurrency market is buzzing with news surrounding Shiba Inu (SHIB). In a significant development, a massive token burn event has just occurred, with approximately 83 million SHIB tokens being removed from circulation. While this move is designed to reduce supply and potentially boost value, SHIB’s price action remains under pressure, … Read more

CLARITY Ethics Proposal May Give Trump Tax Benefit: Bloomberg

A bipartisan ethics proposal pitched to US President Donald Trump to secure passage of the crypto market structure bill in Congress could create a significant tax benefit for the president, Bloomberg reported Thursday.  The ethics addendum, which has not been made public, includes a provision requiring the president to divest from crypto-related businesses, according to … Read more

“We Need Clarity,” Says Ex-NY Governor Andrew Cuomo

Ex-governor of New York and Democrat Andrew Cuomo has said lawmakers need to hurry up and get the “highly political” Clarity Act over the line.  Cuomo, who is also the director of crypto exchange OKX, said that Democrats and Republicans were mainly locking horns over the ethics language in the bill.  A number of lawmakers … Read more

Following Primary Loss, Crypto PACs Invest $1.5M in 3 US State Races

Two groups affiliated with the cryptocurrency company-backed political action committee (PAC) Fairshake disclosed spending more than $1.5 million on media to support House of Representatives and Senate candidates in Florida, Alaska and Wyoming after suffering a primary loss in Michigan on Tuesday.  According to Federal Election Commission (FEC) filings as of Thursday, Fairshake PAC affiliates … Read more

Bitcoin ETF Inflows Rise After Coldcard Hack: Bloomberg ETF Analyst

Demand for US spot Bitcoin exchange-traded funds (ETFs) has accelerated over the past week, with a string of daily inflows coinciding with the Coldcard wallet hack — timing that has prompted speculation about whether some investors are reconsidering self-custody. According to Bloomberg senior ETF analyst Eric Balchunas, BlackRock’s iShares Bitcoin Trust (IBIT), Fidelity Wise Origin … Read more