Key Takeaways New analysis renews Democratic objections to the CLARITY Act over Trump’s crypto ventures. Trump reported approximately $1.4 billion in 2025 crypto income. The renewed dispute could complicate the bill’s Senate passage. New Senate Analysis Examines Trump’s Crypto Businesses Minority staff for the Senate Banking, Housing, and Urban Affairs Committee announced a new analysis…
Key Takeaways Samson Mow urged victims to document every detail related to affected wallets. Users should report losses to police and cybercrime authorities immediately. Mow warned victims to ignore anyone promising to recover stolen bitcoin. Samson Mow Outlines Immediate Actions for Affected Users JAN3 CEO Samson Mow, who leads a Bitcoin technology company focused on…
Key Takeaways Coinkite thefts reached 1,359.8820 BTC after new attack waves through Aug. 2. OP_RETURN carried a 10% laundering offer to the Coldcard hacker on Aug. 1. Coldcard users await Coinkite guidance as firmware bricking reports continue. The new developments come just days after Coinkite disclosed that a long-dormant firmware flaw had allowed attackers to…
Key Takeaways Bitcoin fell to $62,236 on July 31, reducing its market capitalization to $1.26 trillion. Altcoins tracked the slide as total market cap fell to $2.22 trillion by Aug. 2, though ADA surged 15.3%. Passage of the CLARITY Act before the U.S. Senate recess could catalyze a rally despite macro headwinds. Bitcoin’s July Rally…
Key Takeaways Coinkite emailed buyers dating back to 2019 to warn of a bug, sparking anger over data retention. Users slammed the firm for storing email data despite past claims of erasing buyer info after 90 days. Coinkite defended holding emails for account logins, but admitted it lacks a data deletion schedule. Coinkite Faces Criticism…
Key Takeaways Saylor’s Sunday post fueled expectations of a Monday bitcoin buy announcement. Strategy’s ledger shows 3,588 BTC sold across two recent transactions. The company holds 843,775 BTC acquired for nearly $63.69 billion. Saylor’s ‘Bitcoin Drive’ Post Revives Buy Expectations Strategy Inc. (Nasdaq: MSTR) Executive Chairman Michael Saylor reignited speculation that the company will announce…
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week, with a comment on each story. “Fu** the people telling you not to panic….
Key Takeaways Bessent demanded a CLARITY vote as Satoshi’s quote turned 16, keeping crypto rules in focus. CME Group targets the $650B sports market with futures, expanding prediction-style trading. Aave will exit 6 chains covering $98.1M, while Russia pressures Gram and Telegram. WEEK IN REVIEW ‘I Don’t Have Time to Try to Convince You’ —…
Key Takeaways A Trezor-impersonation scam drained $282 million after a victim shared their seed phrase earlier this year. A full 12-word BIP39 phrase carries about 128 bits of entropy, effectively impossible to brute force. Chainalysis estimates up to 23% of all mined bitcoin, several million BTC, is permanently lost via lost keys. The Words Aren’t…
Key Takeaways Russia banned crypto mining in Moscow and the Moscow region from August 15, 2026, to December 31, 2032. The ban addresses severe local power grid strain, targeting 65 data centers running on a 734 MW capacity. This follows similar restrictions in regions like Siberia, where previous bans successfully eased grid load. Russia Expands…
