Author: admin

Bitmine owns 4.8% of the total ETH coin supply of 120.7 million Bitmine is 96% of the way to the ‘Alchemy of 5%’ in just 13 months In July, ETH outperformed Nasdaq 100 by 2,500 basis points, the largest since July 2025, reflective of the strengthening fundamentals of crypto Bitmine repurchased 4.5 million common stock in the past week, authorized under the previously announced $4 billion share repurchase program Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026 Bitmine’s Series A Preferred Stock is trading on the NYSE under the symbol BMNP Bitmine has 4,917,189 staked…

In brief The Coldcard exploit is ongoing, with Galaxy Research now tracking about $88.6 million stolen across 4,585 addresses in three waves. Galaxy’s Alex Thorn described the sweeps as deliberate and likely LLM-orchestrated, warning that every single-sig Coldcard address created after the March 2021 firmware flaw will eventually be drained. The breach has spurred an unusual reversal of the “not your keys, not your coins” ethos as users move Bitcoin back to exchanges. The theft of Bitcoin from compromised Coldcard hardware wallets is still underway, with researchers now tracking losses of roughly $88 million and warning that every vulnerable device…

While Strategy’s preferred STRC shares ended July well below their $100 par value, investors were told that their August dividend will not increase, holding at 12%.Executive chairman Michael Saylor delivered the news in a tweet on Saturday, continuing to pitch STRC as a way to “stretch your income.” August will be the second month that the dividend will be paid semi-monthly after shareholders approved that change in June.STRC shares closed at $89.46 on Friday, clocking a 5.42% price increase for the month which began with a dividend hike — 50 basis points to 12% — after a poor stock performance…

Since over $70 million in Bitcoin was stolen yesterday by an attack that exploited a fault in the Coldcard’s system, it has been reported that the thief used a top blockchain services provider for help.  Writing on X Friday, engineer at payments company Block, Clay Garrett, said that the provider — who he did not name at the request of the services provider — had been contacted after finding blockchain movements matched the “suspected workflow” of the attacker.  “During our investigation of the Coldcard drain yesterday, we identified an unusual pattern in the sweeps,” Garrett said.  “That pattern led us…

The stablecoin market is fragmenting, and onchain capital allocator Spark is betting it can capitalize on the split.Fintechs, exchanges and banking groups are increasingly launching their own dollar-linked tokens. Each issuer wants to keep users, reserves and transaction activity inside its own network as competition ramps up.The stablecoin landscape “is about to fragment more and more,” Sam MacPherson, CEO of Phoenix Labs, said in an interview with CoinDesk.PayPal has PYUSD, Circle has USDC, and Tether has USDT. Robinhood has joined the Global Dollar (USDG) consortium and is building its own chain, while OpenUSD (OUSD) is another large consortium that includes…

Senators Ruben Gallego and Thom Tillis sent a proposed revised ethics provision to the White House on Thursday, after drafting the compromise the day before, an industry source familiar with the talks told CoinDesk. As of midafternoon on Friday, the White House had not officially responded to the proposal.Ethics remains the biggest outstanding issue to be resolved before the Clarity Act can advance. There are ongoing negotiations around other issues, including stablecoin reserves and yield, law enforcement authorities and some of the Agriculture Committee provisions addressing the Commodity Futures Trading Commission’s total remit, but these are relatively uncomplicated compared to…

Craig Wright, the Australian who long claimed to be Satoshi Nakamoto, resurfaced with a sharp critique of Bitcoin current governance. His argument centers on a single idea: the base protocol should never change, and anyone who can change it holds too much power. Why Wright Wants Bitcoin Rules Permanently Fixed Protocol immutability means the fundamental rules of a blockchain remain permanently fixed, with no upgrades altering how the system works. Wright argues that the principle defines genuine decentralization. In a series of posts on X, the self-proclaimed Satoshi targeted what he described as control by a small circle of developers.…

BitGo CEO Mike Belshe told Anthropic to hack his Bitcoin wallet. Then he posted the address in public. It holds 100 Bitcoin (BTC), worth about $6.3 million. The dare came two days after Anthropic admitted something awkward. Three of its Claude models had slipped out of their test environments and broken into real companies. Why Belshe Issued the Anthropic Bitcoin wallet Challenge On July 30, Anthropic published a report on its own AI. Staff had reviewed 141,006 safety test runs. In three of them, a Claude model reached the open internet. In a review of our cybersecurity evaluations, we found…

Strategy (MSTR), the world’s largest corporate bitcoin BTC$64,827.81 holder, reported Thursday an $8.2 billion second-quarter net loss after the cryptocurrency’s price decline erased billions of dollars from the value of its digital asset holdings.The quarterly loss was driven almost entirely by an $8.32 billion unrealized markdown on its bitcoin holdings under fair-value accounting.The company held 843,775 bitcoin as of July 26, up 25% from the start of the year. At current prices, the stash is worth roughly $54.8 billion, compared with an acquisition cost of $63.7 billion.The report came after a period of growing investor scrutiny on the firm over…

The scam targeted XRP holders through a fake investment platform that disappeared after collecting millions of dollars worth of digital assets. South Korean authorities have uncovered a cryptocurrency fraud case that exploited interest in a newly launched blockchain token. The operation targeted XRP holders through a fake investment platform that disappeared after collecting millions of dollars in digital assets. Authorities launched their investigation after an overseas cryptocurrency exchange flagged suspicious transactions. Within three days of receiving the alert, investigators traced the activity and froze digital wallets holding most of the stolen assets. How the Scam Worked According to the probe,…