Cryptocurrency News

Bitcoin advocate Samson Mow outlined five immediate actions for users affected by the Coldcard wallet losses following the disclosure of a random number generator vulnerability. His recommendations focus on preserving evidence, reporting thefts, avoiding recovery scams, and documenting information that could support ownership claims. Samson Mow Outlines Immediate Actions for Affected Users JAN3 CEO Samson…Read More

After June’s brutal slide from May, bitcoin miners finally caught a bit of breathing room. July mining revenue climbed by $38.93 million over June, offering a modest rebound, but not enough to erase the pressure many operators have been battling for months. May’s Boom Quickly Turned Into June’s Bust The latest six months of mining…Read More

The Coldcard security incident entered another chapter after a public bitcoin transaction offered laundering services to the thief behind one of the largest self-custody bitcoin thefts ever recorded, while users also reported emergency firmware updates leaving some hardware wallets unusable. The new developments come just days after Coinkite disclosed that a long-dormant firmware flaw had…Read More

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…Read More

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…Read More

Bitcoin Magazine Coldcard Bitcoin Thief Likely Used Top Blockchain Services Provider: Report Experts have since said that those holding Bitcoin on a Coldcard device should move funds now. This post Coldcard Bitcoin Thief Likely Used Top Blockchain Services Provider: Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.Read More

Bitcoin Magazine Younger Democrats Understand Clarity Act And Bill Should Pass, Says Coinbase’s Chief Policy Officer The Clarity Act will likely get through despite some — older — Democrats holding it back, according to Coinbase’s Chief Policy Officer, Faryar Shirzad.  Speaking on The Hill’s morning Rising show Friday, Shirzad said that crypto was “maybe the…Read More

Bitcoin Magazine Coinkite Releases Fixed Firmware After Coldcard Bug; AI Likely Involved In The Breach NVK stated that AI-assisted code review can now find latent bugs at a speed outpacing even the industry’s most seasoned experts, calling it a sober reality of the new AI paradigm. This post Coinkite Releases Fixed Firmware After Coldcard Bug;…Read More

Bitcoin Magazine US Closes in on Iran’s Strait of Hormuz Bitcoin Insurance Policy, Sanctions Companies The news comes after the U.S. froze Iran’s other digital assets. This post US Closes in on Iran’s Strait of Hormuz Bitcoin Insurance Policy, Sanctions Companies first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.Read More

Bitcoin Magazine COLDCARD SECURITY RISK: IMMEDIATE ACTION REQUIRED IMPORTANT: Major security vulnerability discovered in Coldcard hardware wallets. For your own safety read disclosures and take necessary actions immediately. This post COLDCARD SECURITY RISK: IMMEDIATE ACTION REQUIRED first appeared on Bitcoin Magazine and is written by Shinobi.Read More