Bitgo Chief Executive Officer Mike Belshe turned one of artificial intelligence’s biggest security debates into a public bitcoin challenge by placing 100 BTC, worth roughly $6.3 million at the time, into a publicly known wallet and inviting Anthropic’s Claude models to steal it. The move followed Anthropic’s disclosure that several of its AI models reached […]
Bitcoin.com News•Jamie Redman3 Aug
Bitcoin advocate Samson Mow outlined five immediate actions for users affected by the Coldcard wallet losses following the disclosure of a random number generator vulnerability. His recommendations focus on preserving evidence, reporting thefts, avoiding recovery scams, and documenting information that could support ownership claims. Samson Mow Outlines Immediate Actions for Affected Users JAN3 CEO Samson […]
Bitcoin.com News•Kevin Helms2 Aug
After June’s brutal slide from May, bitcoin miners finally caught a bit of breathing room. July mining revenue climbed by $38.93 million over June, offering a modest rebound, but not enough to erase the pressure many operators have been battling for months. May’s Boom Quickly Turned Into June’s Bust The latest six months of mining […]
Bitcoin.com News•Jamie Redman2 Aug
The Coldcard security incident entered another chapter after a public bitcoin transaction offered laundering services to the thief behind one of the largest self-custody bitcoin thefts ever recorded, while users also reported emergency firmware updates leaving some hardware wallets unusable. The new developments come just days after Coinkite disclosed that a long-dormant firmware flaw had […]
Bitcoin.com News•Jamie Redman2 Aug
Coinkite, the company behind Coldcard, the hardware wallet affected by a vulnerability in its seed generation code, might face legal action from victims who have lost over $88 million in BTC over the last two days. Users Prepare To Exert Legal Action Against Coinkite Over Coldcard Vulnerability Coinkite, the company behind the Coldcard series of […]
Bitcoin.com News•Sergio Goschenko2 Aug
Bitcoin’s late-July rally collapsed into a $3,000 flash drop to $62,236 on July 31, erasing $40 billion in market capitalization. Total crypto market capitalization fell from $2.33 trillion to $2.22 trillion, while total altcoin market cap dropped to $964 billion. Bitcoin’s July Rally Collapses Into $62K Slump After teasing double-digit gains for much of late […]
Bitcoin.com News•Terence Zimwara2 Aug
Conflicting statements from Washington and Tehran have cast fresh uncertainty over the Strait of Hormuz, leaving global markets and governments watching to see whether diplomacy can prevent another escalation in one of the world’s most strategically important waterways. Trump Says a Deal Is Taking Shape, but Iran Pushes Back U.S. President Donald Trump announced late […]
Bitcoin.com News•Jamie Redman2 Aug
The company, which is facing issues with its Coldcard wallet, sent security notices to customers to warn them about the high risk of losing their bitcoin. Nonetheless, Rodolfo Novak, co-founder and CEO of Coinkite, had assured that the company retained customer data for just 90 days after a purchase. Coinkite Faces Criticism For Leveraging Customer […]
Bitcoin.com News•Sergio Goschenko2 Aug
The stablecoin market cracked this summer, shedding roughly $14.56 billion after new federal rules wiped out interest payments on digital dollars. Moves like this tend to flush out yield-driven capital first, leaving traders scrambling to reposition. Data collected by defillama.com over the past seven days shows the stablecoin sector bled another $2.767 billion. Total stablecoin […]
Bitcoin.com News•Jamie Redman2 Aug
Michael Saylor’s latest tracker post has revived expectations that Strategy could announce another bitcoin purchase on Monday. The signal follows recent treasury sales that reduced the company’s holdings to 843,775 BTC. Saylor’s ‘Bitcoin Drive’ Post Revives Buy Expectations Strategy Inc. (Nasdaq: MSTR) Executive Chairman Michael Saylor reignited speculation that the company will announce another bitcoin […]
Bitcoin.com News•Kevin Helms2 Aug
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week, with a comment on each story. First, an important security warning. Coldcard users, pay […]
Bitcoin.com News•David Sencil2 Aug
This week’s stories mixed Bitcoin history, U.S. regulation, new financial markets, DeFi consolidation, and geopolitical pressure. Satoshi Nakamoto’s famous “I don’t have time to try to convince you” line turned 16, while Scott Bessent demanded an immediate Senate vote on the CLARITY Act. CME Group unveiled sports index futures, Aave moved to exit six low-use […]
Bitcoin.com News•Alex Richardson2 Aug
On Jan. 10, 2026, a bitcoin and litecoin holder handed over their 12-word recovery phrase to someone posing as Trezor support and watched $282 million vanish in minutes, not because any encryption was broken, but because those 12 words are the entire wallet, and whoever holds them holds the funds. The Words Aren’t a Password. […]
Bitcoin.com News•Shiraz Jagati2 Aug
The government of Russia has included the city of Moscow and other regions in a 2024 decree banning cryptocurrency mining activities from August 15 to December 31, 2032. The amendment also includes the Moscow region and some territories of the Kursk region. Russia Expands Cryptocurrency Ban Decree Reach, Includes Moscow and Moscow Region The Government […]
Bitcoin.com News•Sergio Goschenko2 Aug
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, crypto demand booms in Brazil, Argentina’s banking groups are building stablecoins, and the IMF calls for an overhaul of crypto regulation in Brazil. Stablecoins Eclipse Bitcoin in Brazil as Demand Hits $14.68B According […]
Bitcoin.com News•Sergio Goschenko2 Aug
New York Attorney General Letitia James urged Congress to strengthen cryptocurrency regulation as the FBI reported more than $11 billion in crypto-related losses. Her Senate testimony argued the pending CLARITY Act would weaken state enforcement against digital asset scams. James Warns Federal Bill Could Weaken State Enforcement New York Attorney General Letitia James called on […]
Bitcoin.com News•Kevin Helms2 Aug
Fraudsters are mailing counterfeit IRS notices that direct cryptocurrency holders toward a fabricated compliance portal designed to capture sensitive financial information. The campaign targets wallet access, exchange credentials, identities, and digital assets through official-looking correspondence. Counterfeit Letters Exploit Growing Crypto Tax Anxiety The Internal Revenue Service (IRS) issued a fraud alert about fake letters targeting […]
Bitcoin.com News•Kevin Helms2 Aug
South Korean police arrested three suspects accused of stealing 12.3 billion won, or about $9 million, from 71 XRP investors. Investigators traced 27.3 billion won through related wallets, indicating that total losses could rise. Fake XRP Platform Vanished After Collecting Investor Funds The Seoul Metropolitan Police Agency announced July 30 that investigators had apprehended three […]
Bitcoin.com News•Kevin Helms2 Aug
Grayscale urged Senate leaders to schedule a CLARITY Act vote before the August recess, warning that delay threatens U.S. competitiveness. The bill would divide crypto oversight between federal regulators and establish nationwide market rules. Grayscale Presses Senate Leaders as Legislative Window Closes Digital asset manager Grayscale called on Senate leaders to bring the CLARITY Act […]
Bitcoin.com News•Kevin Helms2 Aug
Elon Musk rejected a Wall Street Journal report claiming Tesla explored separating or selling its China business ahead of a potential SpaceX merger. The public dispute centers on one of Tesla’s largest operations and a report linking it to a broader corporate restructuring. Musk Rejects Report on Tesla’s China Business Elon Musk rejected a report […]
Bitcoin.com News•Kevin Helms1 Aug