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Why Bitcoiners should care that Washington joined a $96B yen rescue to shield over $1 trillion in US Treasuries

The United States joined Japan’s effort to support the yen after preliminary central-bank data indicated Tokyo may have deployed almost $96 billion over two days, putting Bitcoin traders on alert for a possible unwind of positions financed with cheap Japanese capital. On Aug. 3, Japan’s Ministry of Finance confirmed that it purchased yen in coordination […]

CryptoSlateCryptoSlateOluwapelumi Adejumo4 Aug

Coldcard crisis hits $130 million – proving ‘not your keys’ is meaningless if you trust a single device to generate them

Block's Bitcoin Engineering and Security team and independent Bitcoin Core developers have traced the recent batch of Coinkite Coldcard wallet losses to a specific firmware defect that exposed a hidden weakness in Bitcoin self-custody before any user touched a seed phrase. The bug diverted the device's random-number generation from its STM32 hardware source to MicroPython's […]

CryptoSlateCryptoSlateGino Matos4 Aug