Strategy sells $104.7 million in Bitcoin to support preferred stock
Strategy has sold 1,638 Bitcoin for $104.7 million after redirecting part of the proceeds toward preferred-stock dividends and share repurchases while increasing its U.S. dollar reserve. Summary Strategy sold 1,638 Bitcoin for $104.7 million to fund STRC dividends and share…
Coldcard PRNG Flaw Lets Attackers Reconstruct Private Keys: 1,367 BTC Drained
A crypto hack targeting a firmware flaw in the Coldcard Bitcoin hardware wallet has drained at least 1,367 BTC, worth approximately $86M at current prices, from more than 4,500 cold storage addresses across three waves of attacks. The exploit never…
Ethereum price risks $1,700 as support weakens
Ethereum price fell 2% to around $1,847 on Aug. 3 after another rejection near key moving averages left the $1,800 support zone exposed. Summary Ethereum price fell 2.04%, reaching an intraday low of $1,828. ETH remains below its 50-day and…
Pi Network (PI) Rally Fades, Bitcoin (BTC) Loses $63K: Market Watch
M and ALGO are among the very few alts in the green today. PUMP, ONDO, and PI stand in the opposite corner. The Sunday morning minor relief rally couldn’t continue for long, and bitcoin dived below $63,000 again on…
HashKey wins JPMorgan approval for client funds account
HashKey Exchange said on Aug. 3 that JPMorgan Chase approved its application to open a client funds account, giving the Hong Kong licensed crypto platform another banking route for customer money segregation and U.S. dollar settlement. Summary HashKey received JPMorgan…
Important Ripple (XRP) Announcement, New Investments: August 3
The company has made two new strategic investments, aiming to bring regulated fund issuance, settlement, and collateral mobility onto the XRP Ledger. Ripple has expanded its digital capital markets strategy. The company announced today investments in Zilo and Lucuido…
Trade.XYZ rumored to seek $200M equity round at $1.5B valuation
Rumors that Trade.XYZ has been seeking a $200 million equity financing at a $1.5 billion valuation have sparked conflicting views across the crypto community, with supporters calling the report credible while others have dismissed the claim. Summary Trade.XYZ is rumored…
SEC sets Aug. 24 deadline in Nasdaq Bitcoin options review
The U.S. Securities and Exchange Commission kept Nasdaq PHLX’s proposed Bitcoin index options on hold after granting CME Group’s petition for a full Commission review. Summary SEC commissioners granted CME’s petition, keeping Nasdaq’s Bitcoin index options approval stayed pending further…
Will This Data Finally Spark a Crypto Breakout?
One of the developments already took place, but the impact was rather muted, for now. Bitcoin, the altcoins, and the broader financial markets face another eventful week, with geopolitical developments, key US labor data, major earnings reports, and fresh…
Michael Saylor says BIP-110 lacks miner consensus
Bitcoin Improvement Proposal 110 can no longer reach its 55% voluntary miner threshold during the current difficulty period, according to blockchain signaling data and an Aug. 1 analysis from Strategy Executive Chairman Michael Saylor. Summary 28 signaling blocks appeared among…
