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
US spot Ether exchange-traded funds continued to outperform their Bitcoin counterparts during the week ended July 24, extending a notable institutional rotation that has increasingly favored Ethereum over the industry’s largest cryptocurrency. According to weekly flow data, spot Ether ETFs attracted approximately $103.9 million in net inflows, more than triple the $33.8 million added to
Why Is Binance Expanding Into Metals Options? Binance has launched options tied to gold and silver, extending its push into traditional financial markets after perpetual futures on the two metals generated billions of dollars in daily trading volume. The contracts went live on Wednesday through Nest Exchange Limited, Binance’s regulated exchange entity in the Abu
What Is Samsung SDS Planning With Dunamu? Samsung SDS is exploring stablecoin infrastructure, digital asset systems and artificial intelligence-based payment models with Dunamu, the operator of South Korean cryptocurrency exchange Upbit. CEO Lee Jun-hee said during the company’s second-quarter earnings call on Thursday that the two companies are discussing several areas of potential cooperation. The
US spot Bitcoin ETFs (exchange-traded funds) pulled in roughly $205 million in net inflows in July, the smallest monthly total on record since the products launched in January 2024, according to SoSoValue data, with two trading days left in the month. The figure is being framed as a recovery, and in the narrowest sense it