Crypto

A software bug in popular hardware wallet Coldcard that led to the theft to this point of nearly 600 bitcoin worth roughly $38 million is prompting questions about security and whether managing private keys has become too risky for everyday investors.

A rapid unwind of yen-funded trades could trigger forced selling across markets, including cryptocurrencies.

Several users of the long-defunct crypto exchange reported that distribution agents had begun releasing funds to reimburse creditors for some of their 2022 losses. The trust behind reimbursing creditors from defunct cryptocurrency exchange FTX has begun its fifth distribution of funds, sending $900 million to affected users. In a Friday X post, former FTX user Sunil Kavuri reported that he had received funds distributed from the FTX Recovery Trust and crypto exchange through Kraken. Kavuri said he had received a notice last week that FTX had sent the funds to Kraken, which released them as scheduled on Friday as part of the distribution plan for exchanges including BitGo and Payoneer. Source: Sunil Kavuri Read more

Tether’s reserve surplus grew to $4.11 billion in the second quarter as USDT supply rose despite a weaker stablecoin market and continued pressure across the crypto sector. Stablecoin issuer Tether generated another multibillion-dollar quarter as income from its US Treasury portfolio continued to bolster earnings, even as the broader crypto market remained under pressure. Tether’s latest quarterly attestation, released Friday, reported a net operating profit of $1.5 billion for the second quarter, driven primarily by interest earned on US Treasury holdings and repurchase agreements, or short-term loans backed by government securities. The company also reported a reserve buffer of $4.11 billion as of June 30, meaning its assets exceeded liabilities by that amount. Read more

The approval creates financing capacity, not issued stock, and remains conditional on reorganization and related charter steps. The post Zero mining revenue, 98% cash collapse, 2 million mysterious shares sets up miner’s 7 billion share survival play appeared first on CryptoSlate.

Eligible retail and institutional users can use tokenized shares of Nvidia, Apple, Tesla and three other US companies across Bybit’s trading and lending products. Dubai-based crypto exchange Bybit has enabled six tokenized stocks to serve as collateral for margin trading and lending products, expanding the financial utility of blockchain-based equities. The update allows eligible retail and institutional users to use tokenized shares of Nvidia (NVDAX), Robinhood (HOODX), Circle (CRCLX), Tesla (TSLAX), Alphabet (GOOGLX) and Apple (AAPLX) as collateral for margin trading and borrowing through Bybit’s Unified Trading Account, Crypto Loans and Institutional Loans. The feature is available subject to Bybit’s lending terms and product availability. Bybit first introduced xStocks in June through a partnership with tokenization platform Backed, listing more than 60 tokenized US stocks and exchange-traded funds on its spot market. The assets are backed 1:1 by the underlying securities, which are held by a regulated cu...

TIPS data points to rising real yields, not inflation, a dynamic that weighs on non-yielding assets like Bitcoin. Key points:  Read more

Bitcoin saw fresh downside pressure as US stocks tracked sideways into the end of the month, diverging from the relief bounce seen in Asia. Bitcoin (BTC) fell to its lowest levels in over two weeks on Friday as US stocks saw pressure into the monthly close. Key points: Data from TradingView showed BTC/USD falling 3.5% to reach $62,369 on Bitstamp, a level last seen on July 14. Read more

Arvind Krishna said quantum computing will begin generating meaningful revenue before the decade ends as investment in the sector accelerates, in an interview on CNBC.

The approval comes weeks after Circle won federal approval to establish a national trust bank, adding another license as the USDC issuer expands.

The campaign was rolled out just a day before the meme coin project turns six years old.

Treasury Secretary Scott Bessent quoted Bitcoin's creator to pressure Senate Democrats into an immediate vote on the Clarity Act crypto regulation bill. The post Bessent Invokes Satoshi to Force Senate Vote on Crypto Clarity Act appeared first on Cryptonews.

Enlivex pledged commercially reasonable efforts to hold the shareholder vote within 60 days, while the second $400 million remains optional. The post Biotech company asks shareholders to dilute stock by 951% to hoard illiquid crypto token instead of funding its own drug appeared first on CryptoSlate.

OFAC sanctioned two Iranian firms including Hormuz Safe, which “accepts payment in Bitcoin and other digital assets.”

As AI agents move from giving advice to making transactions, a new layer of payment infrastructure is racing to catch up.

Institutional options selling, AI and delayed U.S. crypto regulation are weighing on bitcoin, according to STS Digital CEO Maxime Seiler.

The Bank of Japan followed the Federal Reserve's example on Friday.

Counts I–V survived against four Binance entities and Changpeng Zhao, but the trust still must prove and collect. The post Judge lets FTX recovery trust chase Binance for $1.76 billion over a 2021 share buyback appeared first on CryptoSlate.

The European Central Bank proposed accessibility standards for its planned digital euro app, saying it would be one of several ways users could access basic digital euro services. The European Central Bank (ECB) said Thursday its planned digital euro app will exceed the accessibility requirements of the European Accessibility Act. The proposed design includes enhanced visual design, full keyboard navigation, screen-reader support, time-out warnings, simplified language, error prevention and reduced motion settings, among other accessibility features, the ECB said in a Thursday release. The ECB first described the standalone digital euro app in an October 2025 progress report, saying it would serve as a fallback if bank apps failed and allow users to switch payment service providers without learning a new application. The report said both bank and non-bank payment service providers opposed mandatory support for the standalone app. Read more

A proposed $4.8 billion AI data center near Mammoth Cave National Park has sparked a legal battle that could test how far local governments can go to slow the industry's rapid expansion.