Doubts emerge over the Bitcoin corporate treasury model as institutional BTC investment vehicles cut holdings. Bitcoin (BTC) institutional investment vehicles have shed 10% of their BTC holdings since May as analysis warns of a “breaking” sector. Key points: Read more
Hackers behind the Coldcard exploit transferred millions in digital assets to cryptocurrency mixers, while most stolen funds remained traceable in attacker-controlled wallets. About 64 Bitcoin, worth $4.17 million, and 200 Ether, worth $380,000, linked to the recent Coldcard exploit were sent to cryptocurrency mixing protocols, according to blockchain security platform CertiK. The Bitcoin transfer was from address bc1q0 to crypto mixing protocol Wasabi on Tuesday, according to blockchain data shared by CertiK. “We think it might be a smaller exploiter. There’s likely a few copycats after the initial exploit,” a CertiK spokesperson told Cointelegraph. The 200 Ether (ETH) was transferred to Tornado Cash on Wednesday, according to CertiK’s X post. Read more
Situational Awareness reportedly made a $400 million investment in an undisclosed company, days after the hedge fund nearly collapsed following July’s AI stock crash. Situational Awareness, the hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, reportedly invested $400 million in a privately held company days after it nearly collapsed under margin calls. The fund invested $100 million in the same unnamed company in July, Bloomberg reported Thursday, citing people familiar with the matter. The latest investment was completed on Tuesday. Cointelegraph has approached Situational Awareness for comment. Read more
Russian President Vladimir Putin signed a crypto law establishing market rules for exchanges, custodians and investors, with core provisions taking effect in September 2026. Russian President Vladimir Putin has signed a law creating a regulated framework for cryptocurrency markets in Russia. Putin signed bill No. 1194918-8, titled “On Digital Currencies and Digital Rights,” into law on Tuesday, according to official records from the State Duma, Russia’s lower house of parliament. The legislation establishes rules for crypto market participants, including exchanges, brokers, custodians and other crypto service providers. The law requires crypto exchange operators to meet regulatory requirements and join a financial market self-regulatory organization. It limits retail investors to buying approved crypto assets through intermediaries, with an annual cap of 300,000 rubles ($3,700) per intermediary. Qualified investors will be allowed to purchase any cryptocurrency without such restrictions. Read more
Tokenized real-world assets moved beyond issuance as RWA deposits more than tripled to $7.4 billion, while lending and trading activity expanded despite a broader industry slowdown. Real-world assets (RWAs) are gaining momentum as tokenized versions of traditional investments move beyond issuance and become active parts of onchain financial markets. RWA deposits across decentralized finance platforms more than tripled year over year to $7.4 billion in the second quarter of 2026, while total DeFi deposits fell about 15%, according to a joint report by CoinShares and Token Terminal published Thursday. CoinShares CEO Jean-Marie Mognetti said the divergence shows that RWA demand is being driven by practical use cases rather than broader market conditions. Read more