Cryptocurrency News

Bitcoin logged 2.27 million new wallets and 751,000 active wallets this week, its strongest onchain activity in months, as holders raced to move funds off Coldcard hardware wallets following a firmware exploit that has drained more than $116 million. A Security-Driven Surge, Not a Buying Spree Santiment put out onchain figures this week, describing 751,000…Read More

Tokenized SpaceX shares saw nearly $700 million in trading volume on Gate as the underlying stock rallied 6.1% to around $114.92, bucking expectations that a 911.5 million-share unlock would send Elon Musk’s space company lower. A $700 Million Bet on One Day’s News Gate’s tokenized SPCX product lets crypto traders worldwide gain price exposure to…Read More

Circle has renewed its longstanding USDC partnership with Coinbase on existing terms, preserving a key distribution channel for the stablecoin. The company also ruled out quarterly dividends, saying capital can generate stronger returns by funding growth. Circle Says No to Quarterly Dividends as Growth Takes Priority Circle Internet Group is keeping two pillars of its…Read More

Genius Sports signed official-data, integrity, and marketing agreements with Polymarket on Aug. 4 and Kalshi on Aug. 5, putting one supplier underneath the settlement layer of both rival prediction platforms. The company’s second-quarter results, published a day later, already credit prediction markets with an incremental contribution to margin. One Data Supplier Playing Both Sides of…Read More

While the EU’s Directorate-General for Financial Stability, Financial Services and Capital Markets Union opened a consultation to decide whether to review MiCA’s provisions on stablecoins, several EU diplomats have declared that the decision has been taken and will also encompass other emerging technologies. EU Set To Review MiCA’s Provisions for Stablecoins The European Union (EU)…Read More

Bitcoin Magazine Trump Media Pulls Back From Crypto Deals: Report Trump Media wants to focus on other business ventures, according to an Axios report. This post Trump Media Pulls Back From Crypto Deals: Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.Read More

Bitcoin Magazine Senators Cynthia Lummis and Angela Alsobrooks Say Bipartisan Work on Clarity Act Continues Despite Delays The long-awaited crypto Clarity Act bill has been stalled. Still, lawmakers from both parties say the fight isn’t over. This post Senators Cynthia Lummis and Angela Alsobrooks Say Bipartisan Work on Clarity Act Continues Despite Delays first appeared…Read More

Bitcoin Magazine Coldcard Bitcoin Hack: Victims Report Median Loss of 1 BTC as Theft Tops $111 Million The amount of Bitcoin stolen has been confirmed at $111 million, but is likely much higher — and could stand at over $130 million. This post Coldcard Bitcoin Hack: Victims Report Median Loss of 1 BTC as Theft…Read More

Bitcoin Magazine Bitcoin Shrugs off Coldcard Hack and Clarity Act Delays, Price Chops Higher as Investors Buy ETFs The Bitcoin price seems unfazed by recent negative news. This post Bitcoin Shrugs off Coldcard Hack and Clarity Act Delays, Price Chops Higher as Investors Buy ETFs first appeared on Bitcoin Magazine and is written by Mathew…Read More

Bitcoin Magazine Bitcoin ETFs Add Nearly $800 Million in the Wake of Coldcard Exploit One of the biggest Bitcoin security stories of the year unfolded last week as a firmware exploit affecting certain Coldcard hardware wallets renewed industry debate around self-custody and operational security. At the same time, another story was developing in the background.…Read More