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…
The future of crypto payments won't include on-ramps or bridges, Fun CEO says
Alex Fine said standalone crypto payment rails are becoming obsolete as platforms shift toward unified funding flows that abstract away blockchain complexity…
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…
Solana Foundation's new CISO warns AI is making crypto scams more convincing
Michael Coates, the foundation’s new CISO, said that AI vulnerabilities and fake identities will drive the next wave of blockchain security concerns.…
Supply-chain legend Tim Cook finally meets his match with Apple’s memory crunch
Apple has found itself dealing with component shortages exacerbated by the AI boom, and the company is scrambling for solutions. Source:MarketWatch
Quantum Solutions, Hyperscale Data tap crypto treasuries to fund AI data centers
The firm’s board raised the sale cap to 4,375 ETH through Oct. 30, nearly 66% of June holdings, although 3,050 of its remaining ETH is pledged. Source:CoinDesk
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Warsh’s Wall Street cred takes a hit as investors doubt the Fed chair’s inflation-fighting resolve
Kevin Warsh insists the Federal Reserve will do whatever it takes to reduce U.S. inflation to its 2% target, but investors aren’t buying it. Source:MarketWatch
Ondo Finance weighs acquisition worth up to $500 million
The tokenizedassets firm is considering an acquisition valued at $250 million to $500 million as consolidation accelerates across crypto infrastructure.…
CME's Duffy warns an overlooked tax risk looms over U.S. perpetual futures
CME CEO Terry Duffy said a court battle over whether perpetual futures are swaps or futures could eventually affect how the IRS taxes the contracts.…
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Crypto entering biggest consolidation phase in history, says ARK analyst
ARK Invest’s Lorenzo Valente says revenue is becoming increasingly concentrated among a handful of crypto protocols, setting the stage for more mergers,…