🔐 $38M in Bitcoin Stolen via Coldcard Firmware Flaw
A vulnerability in Coldcard hardware wallet firmware led to the theft of $38 million in Bitcoin, according to Coinkite, the device's manufacturer.
Coinkite said the attacker likely used AI to audit previous versions of its open-source firmware and identify the flaw. The vulnerability affected private key generation, allowing funds to be drained from affected wallets.
The incident highlights an emerging threat vector: AI-assisted review of open-source security code to surface exploitable bugs that human auditors may have missed.
A vulnerability in Coldcard hardware wallet firmware led to the theft of $38 million in Bitcoin, according to Coinkite, the device's manufacturer.
Coinkite said the attacker likely used AI to audit previous versions of its open-source firmware and identify the flaw. The vulnerability affected private key generation, allowing funds to be drained from affected wallets.
The incident highlights an emerging threat vector: AI-assisted review of open-source security code to surface exploitable bugs that human auditors may have missed.
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⚖️ Bessent quotes Satoshi to push Senate crypto vote
U.S. Treasury Secretary Scott Bessent invoked Bitcoin creator Satoshi Nakamoto to pressure Senate Democrats into holding an immediate vote on the Clarity Act, a crypto regulation bill.
The move signals high-level executive branch engagement in advancing crypto legislation through Congress.
U.S. Treasury Secretary Scott Bessent invoked Bitcoin creator Satoshi Nakamoto to pressure Senate Democrats into holding an immediate vote on the Clarity Act, a crypto regulation bill.
The move signals high-level executive branch engagement in advancing crypto legislation through Congress.
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🟠 Bitcoin Rebounds to $63,900 as 32,000 BTC Flows to Exchanges
Bitcoin briefly dipped to $62,300 on Aug. 3 before recovering toward $63,900, though the bounce remains fragile amid weak spot demand and short-term holder losses.
A notable transfer of 32,000 BTC to exchanges was recorded during the period — a move often associated with increased selling pressure. Weak spot buying has so far limited the strength of any recovery.
Short-term holders continuing to sell at a loss signals that market confidence has not fully returned at current price levels.
Bitcoin briefly dipped to $62,300 on Aug. 3 before recovering toward $63,900, though the bounce remains fragile amid weak spot demand and short-term holder losses.
A notable transfer of 32,000 BTC to exchanges was recorded during the period — a move often associated with increased selling pressure. Weak spot buying has so far limited the strength of any recovery.
Short-term holders continuing to sell at a loss signals that market confidence has not fully returned at current price levels.
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⚖️ US and UK launch joint digital asset roadmap
The United States and United Kingdom have agreed on a joint digital asset framework targeting stablecoins and tokenized securities, marking a significant step in transatlantic crypto policy coordination.
The roadmap is aimed at aligning regulatory approaches between the two countries for key crypto asset classes, with a focus on institutional markets. No further specifics on binding rules, timelines, or enforcement mechanisms are confirmed in available details.
If implemented, the framework could shape how stablecoins and tokenized securities are issued and traded across two of the world's largest financial markets.
The United States and United Kingdom have agreed on a joint digital asset framework targeting stablecoins and tokenized securities, marking a significant step in transatlantic crypto policy coordination.
The roadmap is aimed at aligning regulatory approaches between the two countries for key crypto asset classes, with a focus on institutional markets. No further specifics on binding rules, timelines, or enforcement mechanisms are confirmed in available details.
If implemented, the framework could shape how stablecoins and tokenized securities are issued and traded across two of the world's largest financial markets.
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JUST IN: 🇺🇸 US crypto stocks over the past 48 hours:
• Robinhood $HOOD: +15%
• Coinbase $COIN: +30%
• Strategy $MSTR: +28%
• Bitmine $BMNR: +22%
• Gemini $GEMI: +28%
• Circle $CRCL: +28%
• $MARA: +33%
• $RIOT: +10%
• Robinhood $HOOD: +15%
• Coinbase $COIN: +30%
• Strategy $MSTR: +28%
• Bitmine $BMNR: +22%
• Gemini $GEMI: +28%
• Circle $CRCL: +28%
• $MARA: +33%
• $RIOT: +10%
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💰USDT is heading back to 💰Bitcoin
This one is pretty interesting. More than a decade after Tether first appeared on Bitcoin, USDT is making its way back to the network through Utexo. 👀
The launch is expected this month and should bring private USDT transfers, direct BTC ↔ USDT swaps, and BTC-backed lending without relying on wrapped Bitcoin.
If it gains traction, Bitcoin could become useful for more than just holding. It could also play a bigger role in everyday stablecoin payments and settlement. ⚡️💵
This one is pretty interesting. More than a decade after Tether first appeared on Bitcoin, USDT is making its way back to the network through Utexo. 👀
The launch is expected this month and should bring private USDT transfers, direct BTC ↔ USDT swaps, and BTC-backed lending without relying on wrapped Bitcoin.
If it gains traction, Bitcoin could become useful for more than just holding. It could also play a bigger role in everyday stablecoin payments and settlement. ⚡️💵
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When do memecoins get their turn again? 🤔
Their share of the altcoin market has slipped to roughly 3%, near the lows shown on this chart.
Feels like we haven’t had a proper, full-blown meme season since late 2024.
The good news? Markets move in cycles. Memes are out of the spotlight right now, but I wouldn’t write them off just yet. 🎩
Their share of the altcoin market has slipped to roughly 3%, near the lows shown on this chart.
Feels like we haven’t had a proper, full-blown meme season since late 2024.
The good news? Markets move in cycles. Memes are out of the spotlight right now, but I wouldn’t write them off just yet. 🎩
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Aptos has unveiled MonoMove, its most significant scalability enhancement to date.
This new smart-contract engine is said to operate up to 55 times quicker than Aptos' existing virtual machine for certain operations.
Development is set to be completed by the end of 2026, with a mainnet launch anticipated in 2027.
This new smart-contract engine is said to operate up to 55 times quicker than Aptos' existing virtual machine for certain operations.
Development is set to be completed by the end of 2026, with a mainnet launch anticipated in 2027.
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Your Binance Account Could Soon Be Run by AI 🤖
Yesterday, Binance announced Binance Intelligence. Three products, ranging from a free assistant to agents that can actually trade for you.
1. Binance AI: The free helper. Market analysis, portfolio updates, news summaries, all the research that usually has you jumping between a dozen tabs.
2. AI Pro: This is where it gets interesting. Describe your strategy in plain English, test it with paper trading, then approve it to run 24/7. You set the permissions and risk limits. No coding needed.
3. Agent OS: The toolkit for connecting third-party AI agents to Binance’s trading, data, wallets, and payments. Exchange trading happens through separate subaccounts with limited permissions and no agent withdrawals, not unrestricted access to your funds.
The rollout is gradual, with AI Pro expected in the coming weeks. 👀
Honestly, fewer hours researching and staring at charts sounds pretty good. Now let’s see whether these agents can handle the important part: actually making money, not just automating the losses. 💸
Yesterday, Binance announced Binance Intelligence. Three products, ranging from a free assistant to agents that can actually trade for you.
1. Binance AI: The free helper. Market analysis, portfolio updates, news summaries, all the research that usually has you jumping between a dozen tabs.
2. AI Pro: This is where it gets interesting. Describe your strategy in plain English, test it with paper trading, then approve it to run 24/7. You set the permissions and risk limits. No coding needed.
3. Agent OS: The toolkit for connecting third-party AI agents to Binance’s trading, data, wallets, and payments. Exchange trading happens through separate subaccounts with limited permissions and no agent withdrawals, not unrestricted access to your funds.
The rollout is gradual, with AI Pro expected in the coming weeks. 👀
Honestly, fewer hours researching and staring at charts sounds pretty good. Now let’s see whether these agents can handle the important part: actually making money, not just automating the losses. 💸
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⚠️ MARKET SNAPSHOT
Bitcoin was rejected near $87,000 again.
Within hours, BTC fell toward $84,000 — and the reaction spread across the market. ETH, HYPE and ZEC moved lower too, while gold also weakened.
This was not one coin breaking down.
Oil moved higher. The dollar and U.S. Treasury yields strengthened. Risk appetite cooled.
For anyone holding a planned reserve, pullbacks like this are the moment to review entry levels — not a reason to buy blindly.
The next question is simple:
will buyers defend the $84K area?
$BTC $ETH $HYPE $ZEC
Bitcoin was rejected near $87,000 again.
Within hours, BTC fell toward $84,000 — and the reaction spread across the market. ETH, HYPE and ZEC moved lower too, while gold also weakened.
This was not one coin breaking down.
Oil moved higher. The dollar and U.S. Treasury yields strengthened. Risk appetite cooled.
For anyone holding a planned reserve, pullbacks like this are the moment to review entry levels — not a reason to buy blindly.
The next question is simple:
will buyers defend the $84K area?
$BTC $ETH $HYPE $ZEC
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🐝 BTC UPDATE
I don’t know about you guys, but my bullish bias on Bitcoin remains relevant.
All important levels held the price + some people tend to believe this dump was caused by the plague-related news (another bs FUD you won’t remember in 2-3 weeks).
Losing $82,500 would prove me wrong, but until that happens, I’m bullish on Bitcoin.
I don’t know about you guys, but my bullish bias on Bitcoin remains relevant.
All important levels held the price + some people tend to believe this dump was caused by the plague-related news (another bs FUD you won’t remember in 2-3 weeks).
Losing $82,500 would prove me wrong, but until that happens, I’m bullish on Bitcoin.
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