Coldcard exploit sparks Bitcoin flight, ‘bullish’ crypto consolidation: Hodler’s Digest, August 2
The “sickening” loss of $90 million of Bitcoin from cold storage weighs heavily on sentiment, as the Clarity Act stalls with just five days left to hold a…
Strategy leaves preferred STRC dividend at 12% as price still below par
Investors have previously benefited from a payout boost when the preferred STRC shares traded well below their $100 par value for a month. Source:Cointelegraph
BNB Chain pursues legal action after ex-employee’s memecoin launch
BNB Chain said a former employee allegedly used a company tutorial wallet to create a memecoin that the company says it did not authorize or endorse.…
Onchain, in court: What happened in crypto legal news this week
A case tied to defunct crypto exchange FTX moves forward, a soldier seeks to dismiss over a Polymarket bet and a former congressman was ordered to pay $35,000…
Minnesota crypto ATM ban goes into effect after reported $1M losses
State officials reported that Minnesota residents, and largely senior citizens, had lost about $1 million from scams tied to crypto kiosks from 2023 to 2025.…
Crypto PAC pours another $1M into Michigan House race
Michigan incumbent Shri Thanedar’s reelection bid against other Democratic candidates is getting more about crypto with an infusion of ads funded by an…
Russia expands crypto mining ban to Moscow through 2032
Russia has added Moscow, the Moscow Region and parts of Kursk Region to its cryptocurrency mining ban list, citing power supply concerns behind the…
Coldcard Bitcoin loss estimate rises to $70M after Galaxy analysis
Galaxy Research identified 1,196 addresses that lost 1,082.65 Bitcoin in a 41minute window, expanding the estimated scope of the Coldcard wallet incident.…
Bitcoin ETFs end July in the green despite late-month selling
Spot Bitcoin ETFs attracted $172.4 million in July inflows but remained $5.3 billion negative year to date after heavy withdrawals in May and June.…
Bank of Italy finds no consistent cost advantage for stablecoin remittances
Researchers found that fiat conversion costs and payment infrastructure, rather than blockchain fees, accounted for most of the differences in stablecoin…
Pump.fun laid off workers before they received millions in PUMP tokens: Report
Pump.fun cofounder Noah Tweedale reportedly attributed the layoffs to said the company growing too quickly. Source:Cointelegraph
Ex-FTX users report funds being released in $900M distribution round
Several users of the longdefunct crypto exchange reported that distribution agents had begun releasing funds to reimburse creditors for some of their 2022…