Headlines

Adam Forsyth

LBank Bets on Pudgy Penguins as It Pursues Growth Beyond Trading

[PRESS RELEASE – Singapore, Singapore, August 6th, 2026] Global cryptocurrency exchange LBank has announced a strategic brand partnership with Pudgy Penguins, one of Web3’s most successful IP transformation stories, marking a new step in connecting crypto infrastructure with digital culture, consumer experiences, and broader mainstream adoption. The partnership reflects LBank’s evolving approach toward brand development…

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how a build flag drained 116M in bitcoin

A single line of firmware shipped in March 2021 told every Coldcard hardware wallet to skip its dedicated randomness chip. For five years nobody noticed. Then an attacker brute-forced the weak seeds in 41 minutes, draining 1,816 BTC from more than 5,200 addresses across four attack waves. The incident is the largest hardware wallet exploit…

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Putin signs law opening regulated crypto trading in Russia

Russian President Vladimir Putin signed a comprehensive digital asset law on Aug. 4, creating a regulated route for retail and qualified investors to trade cryptocurrencies through approved intermediaries.  Summary Russia will allow tested retail investors to buy liquid cryptocurrencies through regulated intermediaries from September. Nonqualified investors face a 300,000 ruble annual purchase cap through each…

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Lummis pushes CLARITY Act vote before August recess

Senator Cynthia Lummis is pressing the Senate to vote on the CLARITY Act before its August recess as bipartisan negotiations continue over several unresolved provisions. Summary Lummis said lawmakers are negotiating the bill daily as the Senate’s legislative window narrows. Talks remain focused on CFTC authority, ethics rules, illicit finance and stablecoin yield. The legislation…

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Coldcard attacker holds 1,159 BTC as mixing starts

Most of the Bitcoin stolen through the COLDCARD wallet flaw remains unmoved, but on-chain investigators have detected a separate attacker beginning to route smaller amounts through a mixer. Summary The largest known COLDCARD attacker controls 1,159 BTC across seven addresses. None of the 1,159 BTC has entered mixers or been transferred to an identifiable cash-out…

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