Key Takeaways Senators urged the SEC to investigate possible fraud involving $TRUMP. Nearly one million investors reportedly lost $3.81 billion. Trump-affiliated entities received $636 million as the token fell about 98%. Senators Ask SEC to Investigate $TRUMP U.S. Senators Elizabeth Warren (D-MA) and Richard Blumenthal (D-CT) urged the U.S. Securities and Exchange Commission (SEC) on…
Key Takeaways Users can borrow up to 1,000 USDT against eligible BTC collateral. The initial 30-day term carries no price-triggered liquidation. Overdue balances face 36% annual penalty interest and liquidation risks. Binance Targets Smaller Borrowers With Fixed 30-Day Product On Aug. 4, Binance announced Lite Loan as a simplified borrowing product that lets eligible master-account…
Key Takeaways Coldcard fixed a seed flaw on July 31 after AI reportedly found it in 8 minutes. Haseeb Qureshi says $2 AI audits could favor crypto firms with deeper security budgets. Qureshi urged frontier AI checks on every release as flaw discovery falls to minutes. Coldcard Flaw Could Push Crypto Firms to Test Every…
Key Takeaways Nine Democratic senators asked the CFTC to prohibit wildfire event contracts by Aug. 14. Lawmakers cited $1.2M in trading tied to California’s 2025 Palisades and Eaton fires. Polymarket says the markets inform rather than exploit, and pulling them prevents nothing. Democratic Senators Want Wildfire Prediction Contracts Banned Over Arson Fears Nine U.S. senators…
Key Takeaways Bitgo picked Chainlink CCIP for $7.7B WBTC on Aug. 4, 2026. Chainlink replaces Layerzero as Bitgo’s exclusive cross-chain provider. Watch Bitgo migrate WBTC and future assets onto Chainlink CCIP. The crypto company said on Tuesday all future Bitgo-issued digital assets will also use Chainlink’s Cross-Chain Interoperability Protocol, or CCIP, by default. The decision…
Key Takeaways Saylor said BIP-110 has just 38 signaling blocks, or 2.70%, as of block 961,022. The proposal needs a 55% miner threshold to lock in, which Saylor called impossible. A mandatory signaling window opens near block 961,632, raising chain-split risk. Saylor has rejected BIP-110 on several occasions in recent times. On Tuesday, the Strategy…
Key Takeaways Boltz suspended Lightning and Liquid swaps on Aug. 3, 2026, after AI-driven attacks outpaced its team. Three wallets, Aqua, Bull Bitcoin and Zeus, lost Boltz-powered swap access within hours of the halt. Boltz had given no restoration timeline as of Aug. 4, 2026, while wallets search for backup providers. The company took its…
Key Takeaways Mysten Labs’ Evan Cheng predicts Sui will carry all digital payments within four years. Sui has moved more than $65 billion in gasless stablecoin transfers since June 10,. Sui’s Hashi testnet, live since July 22, lets bitcoin collateralize loans unwrapped. A Four-Year Timeline for the Whole Internet Cheng’s prediction is a sweeping one,…
Key Takeaways The Coldcard hack has stolen 1,816 BTC, worth about $116 million, from 5,200+ addresses. Galaxy Research says Wave 4’s sweep rate hit 45 times the pre-incident baseline on August 3. Coinkite urges Coldcard users to move funds immediately after a 2021 firmware RNG flaw. Four Waves in Four Days What started as an…
Key Takeaways Michael Saylor called Strategy “the JPMorgan of the crypto economy.” Strategy now holds 842,138 BTC as of August 2, after its third 2026 sale. JPMorgan projects Strategy could buy $32 billion in bitcoin by the end of the year. A Bold Comparison, Days After a Warning Saylor’s post landed as a short, declarative…
