Coldcard’s low-entropy bug pushes Bitcoin holders to rethink trust

In light of the catastrophic low-entropy bug in Coldcard hardware wallets, linked to publicly observed thefts beginning on July 30, Bitcoin holders have started to re-evaluate the trust assumptions in their hardware wallet setups.  How Coldcard’s entropy flaw worked The Coldcard devices were equipped with apparently functional STM32 “true random number generators” (TRNGs) that rely…

Stripe-owned Bridge joins EU MiCA register after Luxembourg approval

Stripe-owned Bridge has entered the EU MiCA register following Luxembourg approval, joining regulated providers under the bloc’s crypto framework. Source link

New Analysis Warns Over ‘Breaking’ Bitcoin Treasury Investment Model

Bitcoin (BTC) institutional investment vehicles have shed 10% of their BTC holdings since May as analysis warns of a “breaking” sector. Key points: Bitcoin institutional funds see a blanket 10% reduction in holdings over three months. Analysis says that the Bitcoin treasury model is “breaking” as company valuations fall below net asset value. Coinbase premium…

Bitcoin whales load up on $1.2 billion in BTC as ETFs attract $750 million

The U.S.-listed spot bitcoin exchange-traded funds have pulled in $754.69 million in investor funds this week, according to data source SoSoValue. That puts these funds on track for their best week since April. “The clearest shift has come in institutional flows,” Liya Kalchev, Analyst at Nexo, said, explaining the ETF inflows. “Spot Bitcoin ETFs have…

US Senate pushes CLARITY Act vote to September: Report

Senate Majority Leader John Thune reportedly confirmed that the chamber was “punting” the vote until September. Source link

Bitcoin Stays Deaf To Risk-Asset Highs As ‘Stagflation’ Talk Returns

Bitcoin (BTC) stayed motionless at Thursday’s Wall Street open as analysis saw signs of reemergent US “stagflation.” Key points: Bitcoin stays below $65,000 as Iran tempers expectations over the Strait of Hormuz oil route reopening. US PMI data analysis sees “stagflation” return as a potential future risk. BTC price indecisiveness means that the market still…

Ondo Finance hit by corporate control fight as founder’s mother seeks to oust CEO

According to the complaint, Allman appointed herself to the board, adopted an interim policy allowing ordinary business operations to continue, reaffirmed De Bode as president and requested basic corporate information, including a shareholder list, while expressing a desire to work collaboratively. The estate said those efforts failed after De Bode and the company’s outside counsel…

US appellate court mandate affirms Sam Bankman-Fried conviction

Three circuit judges disputed the former FTX CEO’s claims that the defunct crypto exchange’s investors could have been made whole and wouldn’t have experienced any losses. Source link

Bitcoin ETF Inflows Rise After Coldcard Hack: Bloomberg ETF Analyst

Demand for US spot Bitcoin exchange-traded funds (ETFs) has accelerated over the past week, with a string of daily inflows coinciding with the Coldcard wallet hack — timing that has prompted speculation about whether some investors are reconsidering self-custody. According to Bloomberg senior ETF analyst Eric Balchunas, BlackRock’s iShares Bitcoin Trust (IBIT), Fidelity Wise Origin…

10 Weirdest Things Ever Tokenized… Including Farts

Brazil’s B3 stock exchange made headlines last month when its tokenized cows went viral. A farmer in southern Brazil was able to use 10 cows as collateral for a 100,000 Brazilian real ($19,600) loan by virtually herding them into a blockchain based holding pen, demonstrating how farmers can literally milk their assets to access credit….