- Coinkite Faces Class Action Threat as Bitcoin Wallet Bug Costs Users Over 1,300 BTC02 Aug 2026 20:30
Coinkite, the company behind Coldcard, the hardware wallet affected by a vulnerability in its seed generation code, might face legal action from victims who have lost over $88 million in BTC over the last two days. Users Prepare To Exert Legal Action Against Coinkite Over Coldcard Vulnerability Coinkite, the company behind the Coldcard series of […] - BTC Plunge Triggers Altcoin Sell-off as ADA Bucks the Trend02 Aug 2026 19:14
Bitcoin’s late-July rally collapsed into a $3,000 flash drop to $62,236 on July 31, erasing $40 billion in market capitalization. Total crypto market capitalization fell from $2.33 trillion to $2.22 trillion, while total altcoin market cap dropped to $964 billion. Bitcoin’s July Rally Collapses Into $62K Slump After teasing double-digit gains for much of late […] - Iran Rejects Trump Deal as Hormuz Tensions Grip Markets Again02 Aug 2026 18:15
Conflicting statements from Washington and Tehran have cast fresh uncertainty over the Strait of Hormuz, leaving global markets and governments watching to see whether diplomacy can prevent another escalation in one of the world’s most strategically important waterways. Trump Says a Deal Is Taking Shape, but Iran Pushes Back U.S. President Donald Trump announced late […] - Coinkite Under Fire for Retaining Customer Emails After $88M Coldcard Hack02 Aug 2026 17:14
The company, which is facing issues with its Coldcard wallet, sent security notices to customers to warn them about the high risk of losing their bitcoin. Nonetheless, Rodolfo Novak, co-founder and CEO of Coinkite, had assured that the company retained customer data for just 90 days after a purchase. Coinkite Faces Criticism For Leveraging Customer […] - Stablecoin Supply Sheds $15 Billion in Biggest Drop Since Terra02 Aug 2026 16:05
The stablecoin market cracked this summer, shedding roughly $14.56 billion after new federal rules wiped out interest payments on digital dollars. Moves like this tend to flush out yield-driven capital first, leaving traders scrambling to reposition. Data collected by defillama.com over the past seven days shows the stablecoin sector bled another $2.767 billion. Total stablecoin […] - Bitcoin Drive Engaged: Saylor’s New Message Sparks Buy Speculation02 Aug 2026 14:33
Michael Saylor’s latest tracker post has revived expectations that Strategy could announce another bitcoin purchase on Monday. The signal follows recent treasury sales that reduced the company’s holdings to 843,775 BTC. Saylor’s ‘Bitcoin Drive’ Post Revives Buy Expectations Strategy Inc. (Nasdaq: MSTR) Executive Chairman Michael Saylor reignited speculation that the company will announce another bitcoin […] - AI Stocks Trade Like Memecoins While Bitcoin Barely Moves – Week in Review02 Aug 2026 13:00
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week, with a comment on each story. First, an important security warning. Coldcard users, pay […] - Russia Goes After Durov, Bessent Slams CLARITY Opponents, and More – Weekly Recap02 Aug 2026 11:30
This week’s stories mixed Bitcoin history, U.S. regulation, new financial markets, DeFi consolidation, and geopolitical pressure. Satoshi Nakamoto’s famous “I don’t have time to try to convince you” line turned 16, while Scott Bessent demanded an immediate Senate vote on the CLARITY Act. CME Group unveiled sports index futures, Aave moved to exit six low-use […] - Seed Phrases: The 12 Words Standing Between You and Losing Everything02 Aug 2026 09:30
On Jan. 10, 2026, a bitcoin and litecoin holder handed over their 12-word recovery phrase to someone posing as Trezor support and watched $282 million vanish in minutes, not because any encryption was broken, but because those 12 words are the entire wallet, and whoever holds them holds the funds. The Words Aren’t a Password. […] - Moscow Bitcoin Mining Ban Hits Data Centers Until 203202 Aug 2026 07:30
The government of Russia has included the city of Moscow and other regions in a 2024 decree banning cryptocurrency mining activities from August 15 to December 31, 2032. The amendment also includes the Moscow region and some territories of the Kursk region. Russia Expands Cryptocurrency Ban Decree Reach, Includes Moscow and Moscow Region The Government […]