$38M in Bitcoin Drained by Coldcard Key Flaw Its Maker Thinks AI Found
Coinkite said it’s likely that an attacker used AI to review previous versions of its open source firmware to uncover a vulnerability.
Mining News
PoW & Bitcoin mining headlines grouped by the Bitcoin block at each article’s publication time.
Chain tip: Block #961,723
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Bitcoin’s calm is back and so is the setup for a volatility explosion
Bitcoin’s daily price swings have tightened to their narrowest since January, making clean trades harder to find. Here's what could happen next.
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Friday Is the Worst Day for Crypto and Bitcoin (BTC): Long-Term Data Shows
The cryptocurrency market isn't doing that great on Fridays and data confirms that.
Live updates: 'Worst hit in Bitcoin history' – longtime Bitcoiners react to Coincard flaw
The Bank of Japan left its benchmark at 1% and Governor Ueda's hawkish signals landed softly, since markets had already priced an October hike.
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Coldcard Bitcoin Theft Ongoing: Is Your Wallet Affected?
An ongoing Coldcard Bitcoin theft has drained $38 million using weak wallet keys. Migrate your funds now. The post Coldcard Bitcoin Theft Ongoing: Is Your Wallet Affected? appeared first on BeInCrypto .
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How Will Crypto Markets React to Today’s $10 Billion Bitcoin Options Expiry?
Another Friday has rolled around, and this one is the last of the month, meaning a much bigger Bitcoin and Ethereum options expiry event.
How a PPE company’s highly publicized $32M Bitcoin strategy quietly expired without purchasing a single coin
The 45-day standby facility ended on its preset Oct. 9 date without settled shares, cash or a Bitcoin purchase. The post How a PPE company’s highly publicized $32M Bitcoin strategy quietly expired without purchasing a single coin appeared first on CryptoSlate .
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Bitcoin flat near $64,000 as Kospi's record 17% surge leaves crypto untouched
Samsung and SK Hynix both jumped more than 23%. Bitcoin moved a fraction of a percent in the past 24 hours, and most majors are still lower on the week.
Why Is The Crypto Market Down Today?
The crypto market slipped on Friday, July 31, with the total value of all coins easing to $2.18 trillion, down about 0.58% over 24 hours. Money rotated back into stocks after the S&P 500 rebounded, while Strategy’s plan to keep selling Bitcoin added a fresh weight. The pullback stayed mild, though, as Bitcoin held flat. The post Why Is The Crypto Market Down Today? appeared first on BeInCrypto .
Bitcoin Wallets at Risk After Critical Coldcard Security Bugs Get Exposed
Block has disclosed two critical vulnerabilities affecting multiple generations of Coldcard hardware wallets.
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Major bitcoin wallet flaw drains $38 million worth of BTC in 25-minute sweep
A hardware wallet randomness bug turned “impossible to guess” seeds into guessable ones, and $38 million is already gone.
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ETH/BTC Ratio Hits 3-Month High: But Don’t Count on Altcoin Season Yet
The ETH/BTC ratio topped 0.030 alongside rising Bitcoin dominance, pointing to capital concentrating in majors, not a broad altcoin rally. The post ETH/BTC Ratio Hits 3-Month High: But Don’t Count on Altcoin Season Yet appeared first on BeInCrypto .
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Bitcoin ETFs just broke a brutal $500M losing streak, but the entire recovery is an illusion propped up by BlackRock
The $32.1 million turn ended four negative sessions, but every listed fund except IBIT was flat or negative. The post Bitcoin ETFs just broke a brutal $500M losing streak, but the entire recovery is an illusion propped up by BlackRock appeared first on CryptoSlate .
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A cleaning company with just $4.1M in cash and a stash of Dogecoin just committed $500M to an AI mega-deal
The project can call $40 million around closing while current liquidity and any Minnesota use of DOGE proceeds remain undisclosed. The post A cleaning company with just $4.1M in cash and a stash of Dogecoin just committed $500M to an AI mega-deal appeared first on CryptoSlate .
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Bitcoin Miner IREN Stock Surges 30% After CEO Says Demand Outstrips Supply
IREN stock jumped 30% after CEO Daniel Roberts said demand for its AI computing capacity exceeds what it can build. The post Bitcoin Miner IREN Stock Surges 30% After CEO Says Demand Outstrips Supply appeared first on BeInCrypto .
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Can XRP Overcome Pressure? Zcash (ZEC) Might Bounce to $500, Did Hyperliquid (HYPE) Lose Its Importance? Crypto Market Review
The market's volatility is slowing down, as headliners like XRP, Hyperliquid are seeing no positive netflows.
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‘Bitcoin Senator’ Cynthia Lummis Blasts Democrats For Stalling Crypto Clarity Act
Bitcoin Magazine ‘Bitcoin Senator’ Cynthia Lummis Blasts Democrats For Stalling Crypto Clarity Act Republican Senator Cynthia Lummis has again attacked the Democrats for holding back the long-awaited crypto Clarity Act. Speaking on the Crypto in America podcast Thursday, Lummis said that the bill could have been passed months ago but is unfairly being held back. Lawmakers are hoping the Clarity Act gets passed before Congress departs for August […] This post ‘Bitcoin Senator’ Cynthia Lummis Blasts Democrats For Stalling Crypto Clarity Act first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
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Coinbase, Strategy Miss Earnings Estimates as Stock Prices Fall
Crypto exchange Coinbase and Bitcoin treasury firm Strategy both posted weaker-than-expected earnings for the second quarter. Their respective stocks fell in after-market trading following the earnings report. Ad Ad Coinbase, Strategy Post Weak Earnings Report Coinbase’s press release showed that the crypto exchange recorded revenue of $1.220 billion in Q2, below estimates of $1.28 billion. The post Coinbase, Strategy Miss Earnings Estimates as Stock Prices Fall appeared first on CoinGape .
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Bitcoin Treasury Strategy Posts $8.2B Loss As BTC Price Suffered
Bitcoin Magazine Bitcoin Treasury Strategy Posts $8.2B Loss As BTC Price Suffered The Bitcoin treasury company posted massive losses but aims to continue making digital credit a "new asset class." This post Bitcoin Treasury Strategy Posts $8.2B Loss As BTC Price Suffered first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
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Bitcoin struggles to turn US GDP miss into bullish catalyst as strong spending backs Fed caution
Bitcoin briefly topped $65,000 on Thursday after US economic growth fell short of forecasts. Data from CryptoSlate show the largest cryptocurrency trading near $64,729 as of press time after reaching an intraday high of $65,071 and recovering from a low of $63,205. The advance followed data showing the US economy expanded at a 1.5% annualized […] The post Bitcoin struggles to turn US GDP miss into bullish catalyst as strong spending backs Fed caution appeared first on CryptoSlate .