Archives for August 3, 2026

Strategy (MSTR) raised $104.73 million last week with the sale of 1,638 bitcoin, and raised an additional $290.6 million via the sale of common stock. Alongside, the company repurchased 912,143 shares of its high-yielding preferred stock STRC for $81.2 million, according to an SEC filing Monday morning. The bitcoin sales reduced Strategy’s holdings to 842,138 […]

Bitget said it will stop providing crypto trading services to residents of Japan, citing efforts to comply with local regulations. The crypto exchange, ranked fifth by Coingecko with trading volume of roughly $714.7 million over the past 24 hours, stopped accepting new registrations from Japanese residents on Sunday, according to a Monday announcement. Japan reclassified […]

A solo miner scored a major win even as the broader market frets over a multimillion-dollar Coldcard hardware wallet exploit. According to mempool data, an independent miner successfully packaged block 960,804 early Monday. The block reward of 3.157 BTC is valued at approximately $199,300. Details on the specific hardware used remain unknown. The success came […]

Bitcoin BTC$62,659.77 and ether (ETH) are under pressure as the multimillion-dollar hack of the hardware wallet Coldcard enters a fifth day, raising questions over the safety of direct custody as a holding strategy. The incident has rocked sentiment on crypto social media, with numerous small holders complaining of losing long-term holdings and reassessing their faith […]

South Korea’s largest crypto exchange Bithumb said Monday it is preparing for a 2028 initial public offering (IPO) following a major internal reorganization to strengthen control and adoption of international account standards. Seoul-based Bithumb did not reveal where it plans to launch the IPO. However, it did say it is working with domestic and international […]

The market that dragged bitcoin off $65,000 this week didn’t sell it hard. It just stopped showing up. Bitcoin closed the week near $62,600 after failing to reclaim $65,000, and Yusuf Fakhro, a partner at Bahrain-based ARP Digital, reads that through the market’s plumbing rather than the Fed headline that nudged it lower. The ETF […]

Once a goldmine for carry traders, bitcoin futures have flipped, consistently underperforming plain‑vanilla U.S. Treasuries every month since February. Carry trades consistently yielded 20% or more across regulated and unregulated crypto exchanges during the 2021 bull market. The strategy involved shorting bitcoin BTC$63,999.37 futures while simultaneously buying a spot exchange-traded fund (ETF). Now they return […]

Crypto-friendly trading platform Robinhood (HOOD) is now registered to offer cryptocurrency services in the U.K. Robinhood’s U.K. arm was added to the Financial Conduct Authority’s (FCA) list of registered cryptoasset companies as of July 31. The company’s existing FCA registration means it meets the regulator’s requirements where it comes to anti-money laundering (AML). A regime […]

The flaw allowing the exploit traces to a March 2021 firmware build that routed seed generation to a predictable software randomizer instead of the chip’s hardware one, leaving the resulting keys reproducible offline by anyone who works out the range. Coldcard manufacturer Coinkite released emergency firmware for every affected model and told users who had […]

Bitcoin BTC$62,589.19 started the week just below $63,000, with Friday’s U.S. jobs report the biggest macro event likely to determine whether the July rebound continues, though developments in Iran may take on greater significance in the coming days. A muted rise in U.S. hiring could be the best outcome for risk assets like crypto. Such […]