Bitcoin Fear Reaches Record High as Coldcard Exploit Shakes Confidence in Self-Custody
The Coldcard firmware exploit has reignated concerns about the security of hardware wallets and self-custody. Although Bitcoin has gone through countless phases of massive fear, uncertainty, and doubt (FUD), the current crisis around Coldcard has triggered the worst wave…
ARK Invest buys $6.8M in Circle shares after NY win
Cathie Wood’s ARK Invest bought 109,129 Circle shares after the stablecoin issuer secured a limited-purpose trust charter in New York. Summary ARK acquired about $6.83 million in Circle shares across three exchange-traded funds. Circle received a limited-purpose trust charter from…
Buys ETH High, Sells It Low
On-chain data suggested that he just incurred a 5.3% loss on his latest ETH endeavor. One of the most recognizable and well-known figures in the cryptocurrency space has displayed a somewhat controversial approach to his Ethereum investments over the…
Bitget adds daily Bitcoin rewards to BGBTC
Bitget has upgraded its Bitcoin-backed BGBTC asset with daily BTC-denominated rewards, cross-chain transfers through Chainlink CCIP, and independent oversight from Gauntlet. Summary BGBTC holders will receive daily rewards denominated in Bitcoin following the upgrade. Chainlink CCIP will serve as BGBTC’s…
PI Surges 5% Despite Market Slump After Important Pi Network Reminder
PI is among the top performers in the past 24 hours as most of the market has turned red. The cryptocurrency market is back in the red after bitcoin’s rejection on Friday and a subsequent drop to a multi-week…
SpaceX stock nears $107 support before earnings, unlock
SpaceX stock remained under pressure near a record low as traders prepared for the company’s first post-IPO earnings report and the release of 911.5 million insider shares. Summary SpaceX shares fell 3.41% to $108 on July 31, their lowest close…
Double-Digit Gains From These 2 Altcoins, Bitcoin Struggles at $63K: Weekend Watch
PUMP and PI are also well in the green on a daily scale. Bitcoin’s price failed at $65,000 earlier this week, and the subsequent correction pushed it south to a 17-day low of $62,400 before it found some support…
What is a mainnet? Production blockchain explained
A mainnet is the production version of a blockchain network where transactions carry real economic value and are permanently recorded. When a cryptocurrency project launches its mainnet, it moves from concept to reality, and every line of code becomes a…
CLARITY Act Faces Another Critical Weekend as Passage Odds Slide
Meanwhile, Strategy’s Saylor said bitcoin will succeed with or without the bill, but America needs clarity. The uncertainty around the highly anticipated regulatory bill continues with new negotiations in Washington. New ethics proposals and political disagreements threaten the legislation’s…
Hong Kong crypto romance scam costs woman $3.3M
A Hong Kong woman reportedly lost around $3.3 million after an online romantic partner directed her to a fraudulent cryptocurrency investment platform. Summary 25 romance-linked investment scams were reported in Hong Kong between July 24 and 30. Combined losses from…
