Crypto News
Senate CLARITY Act Vote Faces August 10 Deadline as Crypto Regulation Hangs
The U.S. Senate faces a critical 72-hour window to schedule a floor vote on the CLARITY Act before its August 10 recess, marking the last realistic legislative opportunity in 2026 to codify crypto regulation into permanent statute. Without action in the next three weeks, the digital asset market will remain dependent on executive guidance that...
Coldcard Hack: $116M Bitcoin Theft Tilts Custody Debate
Bitcoin hardware wallet users suffered nearly $116 million in losses after a critical flaw in Coldcard devices enabled hackers to drain over 5,200 addresses in coordinated waves since July 30. The breach, stemming from a 2021 firmware vulnerability that generated wallet seeds with insufficient entropy, has reignited a debate within the crypto industry about the...
Here’s What Happened in Crypto Today
An $86 million security breach at Coldcard has reignited debates over hardware wallet safety just as lawmakers race to finalize cryptocurrency regulation before Congress adjourns, while Bitcoin struggles amid elevated Federal Reserve rate-hike expectations and institutional adoption of Ethereum tokenized products accelerates despite broader market headwinds. Hardware Wallet Security Crisis Deepens The cryptocurrency community faces...
BlackRock Launches Two Ethereum Tokenized Money Market Funds
BlackRock has launched two new tokenized money market funds on Ethereum, marking a significant institutional push into on-chain finance and expanding its stablecoin reserve infrastructure. The moves come as the global crypto market capitalization holds at 2.25 trillion dollars with mixed momentum, while geopolitical headwinds and regulatory uncertainty continue to weigh on asset valuations. Background:...
XRP Falls to $1.06 as Ripple Releases $1B Tokens Amid Stablecoin Exodus
XRP price has fallen to $1.06 as Ripple released 1 billion tokens from escrow and stablecoin supply on the XRP Ledger contracted 13 percent in a week, signaling weakening demand and network activity. The combination of liquidity management, declining ecosystem confidence, and macro headwinds has kept the altcoin range-bound below $1.10 despite a technical rebound...
Bitcoin Drops as Fed Rate-Hike Odds Hit 72% for September
Bitcoin Slides Near $62,700 as Fed Rate-Hike Odds Surge to 72% for September, Weighing on Risk Assets Futures markets now price a 72% probability of a Federal Reserve rate increase at the September 15–16 FOMC meeting, a dramatic shift from weeks prior that has dampened investor appetite for cryptocurrencies and other risk assets. Bitcoin traded...
Senate Races to Pass CLARITY Act Before August Recess Deadline
The Senate’s legislative window for crypto regulation is closing fast. With only days left before Congress recesses on August 10, Senate Majority Leader John Thune is pushing for a floor vote on the CLARITY Act, the first comprehensive U.S. cryptocurrency market structure law, even as the bill faces a steep 60-vote hurdle and a hardening...
$86M Coldcard Hack Reignites Self-Custody Security Debate
Approximately 1,367 Bitcoin worth $86 million to $89 million has been stolen from more than 4,500 Coldcard hardware wallet users following a firmware vulnerability discovered in devices manufactured by Canada-based Coinkite Inc. The breach, which unfolded in three distinct waves beginning July 30, 2026, has reignited debate over the security trade-offs inherent in self-custody while...
Here’s What Happened in Crypto Today
Bitcoin and Ethereum fell 3% as August opened with broad selling pressure, while a 75 million dollar Coldcard hardware wallet hack exposed critical firmware vulnerabilities that have reignited debate over Bitcoin security practices. On the institutional side, the U.S. government moved to bring economic data on-chain via Chainlink oracles, marking a significant step toward mainstream...
Bitcoin Stalls at $64K as Hawkish Fed Hold Divides Analysts
Bitcoin treads water at $64,846 as the cryptocurrency market grapples with a hawkish Federal Reserve hold and deeply divided analyst sentiment on whether August brings a deeper correction or a rally toward $83,000. The week ending August 2 delivered contradictory signals: Bitcoin climbed 7.36% in July but has struggled in early August, with the Fear...
$75M Coldcard Hack Exposes 2021 Firmware Flaw, Tests Bitcoin Security
A $75 million Bitcoin theft from Coldcard hardware wallets exposed a critical firmware vulnerability dating back to March 2021, prompting an emergency response from manufacturer Coinkite and raising urgent questions about the security of devices that hold custody over billions in cryptocurrency. The attack, which unfolded across two waves and involved seed compromise affecting at...
XRP Ledger Seeks Validator Approval for Five Institutional Upgrades
The XRP Ledger is preparing for its most significant institutional-grade upgrade in months, with validators set to vote next week on five protocol amendments designed to simplify blockchain onboarding for banks and enterprises while addressing critical security flaws that derailed previous efforts. The xrpld 3.3.0 release represents a strategic pivot toward real-world asset tokenization rather...