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Do the Coldcard attacks mean all hardware wallets are now insecure?

The Coldcard entropy flaw caused a crisis of confidence in hardware wallets. Here’s the details you need to know before you entrust Ledger, Trezor or Foundation with your Bitcoin.

Galaxy reports $85M net loss amid Q2 crypto market slump

Galaxy Digital reported an $85 million net loss driven by falling digital asset prices and $8.7 billion in revenue that missed Wall Street estimates.

Mastercard, Borderless test shared identity checks for stablecoin transfers

Mastercard and Borderless are exploring ways to bring more trust into cross-border stablecoin transfers through the payment processing giant’s Crypto Credential framework.

Binance sues RedotPay over alleged $473 million user losses: Report

Binance-linked companies sued RedotPay, accusing it of diverting more than 470,000 Binance Card users under a commercial deal and seeking nearly $473 million in damages.

Circle Q2 revenue falls short of Wall Street estimates

Stablecoin issuer Circle reported $701 million in Q2 revenue, missing Wall Street estimates of about $713 million.

Bitcoin ETFs log inflows as cold wallet hack reignites custody debate

US spot Bitcoin ETFs drew $382 million in two-day inflows, with Galaxy’s Bitcoin ETF returning to gains as the Coldcard incident renewed custody concerns.

S&P gives BlackRock tokenized reserve fund top stability rating

The rating recognizes the fund’s ability to maintain a stable net asset value, while S&P separately reaffirmed USDT among the lowest-rated stablecoins under its existing assessment framework.

Bitcoin price-metric basket sees longest capitulation since FTX blow-up: Glassnode

Glassnode confirmed that its aggregate BTC price cycle tool was in its coldest phase since the collapse of FTX in late 2022.

BlackRock brings tokenized money market funds to Europe via JPMorgan

JPMorgan’s Kinexys platform will tokenize select BlackRock money market fund shares denominated in pounds, euros and US dollars.

Proof of Play to shut down after blockchain gaming thesis falls short

The a16z-backed studio will open-source Pirate Nation assets, while an independent foundation continues supporting the PIRATE token.

Forgd brings its crypto market-maker leaderboard to DefiLlama

Forgd’s ratings draw on data from more than 500 token projects and 35 market-making firms, but do not solely reflect trading performance.

Boerse Stuttgart Digital, Tradias close European crypto merger

The completed tie-up combines Boerse Stuttgart Digital’s custody business with Tradias’ trading operations under a joint management team.

MiCA list expands with 12 companies in fourth post-deadline update

ESMA’s latest MiCA update brings the number of authorized CASPs to 321 and adds three entities to its non-compliant register.

Taiwan plans Travel Rule for domestic crypto transfers from October

Taiwan’s regulator plans to apply the Travel Rule to domestic VASP transfers from October before extending it to overseas platforms by the end of 2027.

Missouri trio charged over alleged Bitcoin kidnapping plot

The defendants allegedly traveled from Missouri to Connecticut to kidnap a Bitcoin holder and force him to transfer cryptocurrency before abandoning the plan.

Cloudflare introduces wallets for AI agents, plans stablecoin payments

Cloudflare introduced programmable Wallets for AI agents and said payment features using stablecoins will launch in a future update.

AI credit bubble could fuel Bitcoin ‘crack-up boom’ past $1M: Hayes

Hayes likened the debt-fueled AI infrastructure boom to the 2008 credit bubble, but evidence suggests financial strain is uneven across Big Tech.

CLARITY or not, crypto isn’t going back in the bottle: Bitwise

Matt Hougan argues that regulatory guidance from the SEC and CFTC would keep the industry moving even if Congress fails to pass landmark market structure legislation this year.

Bybit’s EU payments arm secures Austrian e-money license

Bybit’s Austrian payments subsidiary gained regulatory approval to develop card, merchant, open-banking and person-to-person payment services.

Ethereum researchers want to rein in staking; critics say it could backfire

EIP-8363 is a newly published draft proposal that would cut net consensus-layer rewards as the Ethereum staking ratio heads toward 50%.

US, UK reaffirm support for stablecoins, tokenization in joint financial regulation talks

In a July 8 meeting, US and UK regulators highlighted the implementation of the GENIUS Act, payment modernization and cross-border cooperation, reinforcing a shared framework for digital asset oversight.

BNY to offer institutional crypto staking through Galaxy partnership

The custody giant is expanding beyond safekeeping by adding staking services, allowing eligible institutional clients to earn yield on proof-of-stake assets.

Bitcoin coils at $64K as Hormuz reopening timeline sends S&P 500 to $70T record

Bitcoin built on $64,000 as hopes of the Strait of Hormuz reopening to oil traffic sent the S&P 500 index to a record $70 trillion market cap.

Bitdeer expands AI infrastructure with long-term $4.7B data center lease

A 16-year agreement secures 121 megawatts of AI computing capacity in Norway, highlighting how crypto mining companies continue to pursue new revenue streams beyond Bitcoin.

At least 15 attackers exploited Coldcard vulnerability: Galaxy

Galaxy said that at least 15 different attackers have exploited the Coldcard vulnerability, which may have been avoided with just $2 worth of AI hardening, according to Dragonfly’s managing partner.

Sorry everyone, Bitcoin is headed down to $43,500: Michael Terpin

Transform Ventures founder Michael Terpin says Bitcoin could have another 30% downside from its current price before he is confident the market has reached a bottom.

Texas electric grid moratorium won’t have big impact on BTC miners: Bernstein

Monday’s announcement that Texas Governor Greg Abbott set a moratorium on approval of ERCOT-linked data centers pending an audit won’t impact miners’ approved electricity contracts.

Tether Gold reserves rise 9.5% as gold posts worst quarter in 13 years

XAUt added to its bullion backing during gold’s worst quarter since 2013, as tokenized commodity holder counts continued to rise.

Italy’s biggest bank triples staked Ether ETF holdings while cutting IBIT shares

Italy’s largest bank Intesa Sanpaolo increased its staked Ether ETF position to $7.1 million while reducing its holdings in two spot Bitcoin ETFs.

Jim Cramer plans to sell his Bitcoin over quantum fears as BTC rises 1.6%

The CNBC personality said he’ll sell his Bitcoin holdings due to fears about quantum computing, as some cryptocurrency investors celebrated, referencing the popular “inverse Cramer” meme.

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