Tech
Coldcard Vulnerability Drains $89 Million From 4,500 Bitcoin Wallets as Attacker Refines Strategy
A firmware flaw in Coldcard hardware wallets has enabled the systematic drain of 1,367 BTC across three attack waves, with losses approaching $89 million.
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Tokenized Stock Volume Hit $11.3 Billion Record in July — But One Token Drove 82%
Binance's QQQB token tracking the Invesco QQQ ETF generated $9.27 billion in volume, masking a broader decline in tokenized equity trading.
Circle Secures New York Trust Charter as Crypto Regulatory Push Accelerates
The USDC issuer received a limited purpose trust charter from NYDFS, adding to its recent OCC national trust bank approval.
Bitcoin Cold Wallet Attack Spreads to 4,500 Addresses as Losses Near $89 Million
A third wave of sweeps tied to weak Coldcard firmware has drained 1,367 BTC from thousands of wallets, with the attacker now targeting smaller balances.
Solana Foundation's New CISO Warns AI Is Making Crypto Scams More Convincing
Michael Coates says the next wave of blockchain security threats will come from AI-powered social engineering, not smart contract exploits.
Tether Posts $1.5 Billion Q2 Profit as Reserve Buffer Halves
The world's largest stablecoin issuer earned $1.5B in operating profit while its excess reserves fell from $8.2B to $4.1B amid declining asset values.
Tokenized Stock Trading Surged 288% in July — But One QQQ Token Drove Most of It
Record $11.3 billion in tokenized equity volume masked a market that actually shrank excluding Binance's QQQB token.
Bitcoin Defies Macro Headwinds to Hold July Gains as Forced Selling Runs Dry
Despite rate-hike fears, an AI equity sell-off, and the Coldcard exploit, Bitcoin is set to finish July up 7.5%. Analysts say leveraged positioning was already flushed out.
Circle Secures New York Trust Charter, Strengthening USDC Regulatory Position
The USDC issuer received a limited purpose trust charter from NYDFS, adding to its national trust bank approval and BitLicense in a rapidly maturing stablecoin regulatory landscape.
Coldcard Wallet Exploit Drains $70 Million Without Ever Touching the Devices
A firmware flaw in Coldcard hardware wallets collapsed key entropy to just four billion possibilities, letting attackers reconstruct private keys entirely offline.
Tether Posts $1.5 Billion Q2 Profit as Reserve Buffer Halves to $4.1 Billion
The world's largest stablecoin issuer reported strong earnings from Treasury holdings even as its excess reserves fell from $8.2 billion to $4.1 billion, expanding both gold and Bitcoin positions.
XRP Ledger 3.3.0 Revives Fixed Features and Introduces Confidential Token Operations
The upcoming xrpld release puts five amendments before validators, including two previously withdrawn after critical bugs and three new features enabling private tokenized assets.
Aave Weighs Exit From Six Chains as Revenue Falls to Loose Change
A governance proposal would shut down Aave deployments on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos, plus retire 50 asset markets elsewhere, as deposits on some chains have dropped over 90%.
28 Global Banks Test Tokenized Money for Cross-Border Payments in BIS Pilot
A Bank for International Settlements pilot saw JPMorgan, Citi, UBS, and 25 other banks move real money across borders using blockchain-based settlement in a live test.
Institutional Traders Hit Record 72% Share of Crypto Markets as Volatility Subsides
A new Wintermute report finds institutions now dominate crypto trading at 72% of volume, driving lower volatility, selective altcoin flows, and growth in tokenized assets.
South Korea to Tax Crypto Gains Starting 2027 After Years of Delays
South Korea plans to begin taxing cryptocurrency gains above 2.5 million won ($1,740) from January 1, 2027, signaling no further postponement as the debate shifts to parliament.
Strategy Reports $8.2 Billion Q2 Loss as Bitcoin Price Weighs on Largest Corporate Holder
The company formerly known as MicroExcel posted a massive second-quarter loss tied to bitcoin's price decline, but says it has built a cash buffer covering more than two years of dividends.
Bitcoin Holds Above $64,000 as Asian Chip Stocks Crash, Decoupling From AI Trade
Crypto markets showed resilience as South Korea's chip sector suffered a record two-day decline, with Bitcoin holding steady ahead of the Federal Reserve's rate decision.
Morgan Stanley Launches Ether and Solana ETPs With Market-Leading 0.14% Fee
The Wall Street bank expanded its digital asset lineup beyond bitcoin with two new exchange-traded products, leveraging its 16,000 advisors and E*TRADE platform for distribution.
Trade.xyz Will Reimburse $60 Million in Liquidations After AI-Driven Flash Crash
The decentralized perpetuals exchange said its oracle worked as designed after a single trade on a thin Korean pre-market venue caused a 19% mark price crash in SK Hynix perpetuals.
BlackRock, Fidelity, Goldman Sachs Endorse Crypto Clarity Act as Senate Timeline Tightens
The largest names in traditional finance have publicly backed the Digital Asset Market Clarity Act, exposing a growing divide within Wall Street over crypto regulation.