Crypto
AI Summary
- A significant security flaw in Coldcard hardware wallets has led to an estimated $88 million in Bitcoin being drained from thousands of wallets, raising concerns about self-custody and potentially pushing investors back towards exchanges or ETFs.
- Tether has reported a substantial Q2 operating profit of $1.5 billion, largely driven by its holdings in U.S. Treasury securities, while its USDT stablecoin supply continues to grow.
- The crypto industry is facing increasing regulatory scrutiny, with notable developments including a crypto ATM ban in Minnesota and ongoing legal actions against entities like Kalshi for alleged illegal gambling operations.
- The emergence of AI is significantly impacting the crypto space, from making scams more convincing to being integrated into tools for blockchain investigations and even being proposed for use in agentic finance.
- Tokenized stock trading has seen a surge, with RWA perpetual futures volume nearing Bitcoin's on major exchanges, indicating a growing trend of traditional financial assets being represented and traded on-chain.
Sources
Cointelegraph
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Here’s what happened in crypto today
3 hours ago
by Cointelegraph by Robert Lakin
Latest NewsNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
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Strategy leaves preferred STRC dividend at 12% as price still below par
7 hours ago
by Cointelegraph by Robert Lakin
Latest NewsInvestors have previously benefited from a payout boost when the preferred STRC shares traded well below their $100 par value for a month.
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BNB Chain pursues legal action after ex-employee’s memecoin launch
11 hours ago
by Cointelegraph by Helen Partz
Latest NewsBNB Chain said a former employee allegedly used a company tutorial wallet to create a memecoin that the blockchain ecosystem says it did not authorize or endorse.
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Trump Media sells another 2,628 BTC, holdings fall to 4,261 BTC
13 hours ago
by Cointelegraph by Helen Partz
Latest NewsTrump Media transferred another 2,628 Bitcoin to Crypto.com, bringing its reported sales over seven months to 7,281 BTC and leaving the company with 4,261 BTC in holdings.
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Coldcard hack sparks biggest sub-1 BTC move since FTX: CryptoQuant
15 hours ago
by Cointelegraph by Helen Partz
Latest NewsBitcoin users moved 39,600 BTC in small transactions as the Coldcard hack continued, with researchers warning that the attack remained active.
CoinDesk
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Counting down the days: State of Crypto
4 hours ago
by Nikhilesh De
Policy, Newsletters, State of Crypto, NewsThe Senate is going on its summer break in a week, leaving next to no time left to sort out its remaining priorities in August. And obviously, the fate of Clarity is one of those priorities.
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Why a DeFi platform ditched its consumer app to become the secret backend for tech giants
6 hours ago
by Francisco Rodrigues
Web3, DeFi, Stablecoins, NewsRevenue fell from $80 million to $20 million in the bear market. OTC lending at $260 million outstanding is the fastest-growing line, targeting $1 billion by year-end.
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The future of crypto payments won't include on-ramps or bridges, Fun CEO says
7 hours ago
by Will Canny
Tech, Prediction Markets, Exclusive, NewsAlex Fine said standalone crypto payment rails are becoming obsolete as platforms shift toward unified funding flows that abstract away blockchain complexity for users.
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The reverse bridge: Crypto meets Wall Street using perps
10 hours ago
by Olivier Acuna
Finance, Perps Week 2026, NewsCrypto exchanges built perpetual futures for digital assets. Now they are using them to offer 24/7 exposure to stocks, commodities and indexes.
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Unlike the FTX collapse, the $89 million Coldcard exploit has investors sending bitcoin back to exchanges
11 hours ago
by Omkar Godbole
Markets, Bitcoin News, NewsThe Coldcard vulnerability has smaller bitcoin holders moving funds onto exchanges for safety, according to blockchain analytics firms. This is opposite of the trend seen following the FTX collapse in late 2022.
Decrypt
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Coldcard Bitcoin Exploit Balloons to $88 Million as Attackers Keep Draining Wallets
6 hours ago
by Decrypt Staff
CoinsGalaxy Research says a third wave of thefts from Coldcard Bitcoin wallets has pushed observed losses to roughly 1,367 BTC across 4,585 addresses.
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What’s the Deal With Meta’s ‘Pervert Glasses’?
8 hours ago
by Jason Nelson
TechnologyLawsuits, privacy complaints, secret recordings, and government investigations have put Meta’s AI glasses under scrutiny.
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CZ Warns Bitcoin Holders After $70 Million Wallet Exploit: 'Nothing Is 100%'
a day ago
by Decrypt Staff
TechnologyThe Binance founder urged holders to spread funds across multiple wallets as Galaxy Research put the toll from the Coldcard exploit at roughly $70 million—nearly double the initial estimate.
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The More Americans Know About AI, the Less They Like It: Gallup
a day ago
by Jason Nelson
Artificial IntelligenceGallup says Americans are growing more skeptical of artificial intelligence, with rising concerns about job losses, businesses' use of the technology, and the technology’s growing impact.
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Google Yanks Google Earth AI Image Tool a Day After Launch Over Deepfake Fears
2 days ago
by Decrypt Agent
Artificial IntelligenceThe Nano Banana tool let users generate fake satellite scenes from a text prompt, alarming investigators who rely on Google Earth to verify breaking news and atrocities.
AMBCrypto
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Crypto market’s weekly winners and losers – PUMP, KAITO, FET, LDO
an hour ago
by Ritika Gupta
News, Social, Trading View, ambcryptoThis week, the market put the A.I. narrative under the spotlight. Here's a quick look at how some of your favorite tokens performed.
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Bitcoin under pressure: Will rising U.S. treasury yields trigger BTC selling?
2 hours ago
by Olayiwola Dolapo
Bitcoin, News, Social, Trading View, ambcryptoBitcoin, altcoins risk a massive drop as rising yields point to a rate hike.
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FARTCOIN whale opens $2.16M leveraged buy – Is a price reversal coming?
3 hours ago
by Lennox Gitonga
Memecoins, News, Social, Trading ViewWhy FARTCOIN's price action could turn bullish in the month of August.
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Solana has been bearish for 10 months in a row: Can SOL still make a comeback?
5 hours ago
by Ritika Gupta
Altcoin, News, Social, Trading View, ambcryptoSolana posts its 10th consecutive monthly loss as traders watch whether SOL/BTC can trigger a bullish turnaround.
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Humanity crypto gains 10% – Can a $4.24M whale transfer derail H’s rally?
7 hours ago
by Evans Boto
Altcoin, News, Social, Trading ViewHumanity holds firm after a $4.24 million Bybit transfer as bullish derivatives positioning offsets selling concerns.