Why Is CZ Telling Bitcoin Holders To Split Their Funds? Binance founder Changpeng Zhao has urged cryptocurrency holders to spread funds across several wallets after a firmware flaw in certain Coldcard hardware devices was linked to the theft of more than 1,000 bitcoin. “Even hardware wallets can have bugs. Even old wallets (with long history)
Why Did Tether’s Profit Remain Strong? Tether generated $1.5 billion in net operating profit during the second quarter of 2026 as interest income from its U.S. Treasury portfolio continued to support earnings despite weaker conditions across digital asset markets. The stablecoin issuer said the quarterly result was driven mainly by returns on U.S. Treasury securities
Why Are Former Pump.fun Employees Raising Complaints? Former Pump.fun employees say they were dismissed weeks before allocations of the platform’s PUMP token were due to begin vesting, leaving some workers without tokens that later became worth substantial sums. An anonymous X account claiming to represent more than 40 former employees began publishing termination emails this
Why Is Russia Banning Crypto Mining In Moscow? Russia has expanded its cryptocurrency mining restrictions to Moscow and the surrounding Moscow Region as authorities seek to limit pressure on electricity networks serving the country’s largest economic center. The ban will take effect on Aug. 15, 2026, and remain in place through Dec. 31, 2032. It
Hardware wallet manufacturer Coinkite has issued an urgent security advisory for users of its Coldcard Mk3 device after reports emerged that approximately 594.5 Bitcoin, worth around $38 million, was stolen from hundreds of wallets in what appears to be a coordinated attack. The company warned that users who generated wallet seeds on a Coldcard Mk3
Strategy has announced a significant shift in the way it manages its Bitcoin treasury, confirming that future capital raised by the company will no longer be devoted entirely to purchasing Bitcoin. The company said it intends to continue selling Bitcoin when necessary under its previously announced BTC Monetization Program while adopting a more flexible capital
Bitcoin has climbed back above the $65,000 mark after recovering from its late-June lows, yet investor sentiment has become increasingly cautious, highlighting the disconnect between improving prices and weakening market confidence. The world’s largest cryptocurrency recently traded around $65,000, recovering more than 10% from its June low below $59,000. The rebound has been supported by
Wanchain has given the attacker behind last week’s bridge exploit until 12:00 UTC on August 6 to voluntarily return the stolen assets, offering a limited-time settlement before escalating recovery efforts through law enforcement and public bounty programs. The ultimatum follows one of the largest bridge exploits of the year, in which approximately 515 million NIGHT
How Did The Coldcard Attack Drain 594 Bitcoin? Roughly 594 bitcoin worth about $38 million was removed from around 500 wallets early Friday in an attack linked to weak key generation in certain Coldcard hardware wallet firmware versions. The theft occurred between 01:31 and 01:56 UTC, with the attacker moving 1,324 portions of bitcoin across
Robinhood Markets reported record second-quarter revenue of $1.31 billion, underscoring the company’s transformation from a commission-free stock trading app into a diversified financial platform spanning cryptocurrencies, derivatives and event contracts. Revenue increased 45% year over year, surpassing analyst expectations and marking the highest quarterly revenue in Robinhood’s history. Net income rose to $457 million, while