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Coldcard Bitcoin Exploit Explained: Entropy, How Keys Are Generated, and Why Bits Matter
Somebody has been emptying Bitcoin wallets that were never supposed to be reachable. The coins sat on Coldcard devices—hardware wallets from Canadian manufacturer Coinkite, the kind that never touch the internet. No phishing link. No malwarDecryptSolana Proposal Would Increase Daily SOL Burns More Than 10-Fold
Solana validators are close to advancing a governance proposal that would sharply increase the amount of SOL burned each day while reducing the rate at which new tokens enter circulation. If implemented, the proposal would therefore limit tDecryptBitgo Shifts WBTC Infrastructure to Chainlink in Security Push
Crypto infrastructure firm Bitgo is replacing Layerzero with Chainlink as the exclusive cross-chain infrastructure provider for wrapped bitcoin (WBTC), marking a major change in how the $7.7 billion token will move across blockchain networkbitcoin.comBitdeer Lands $4.7 Billion AI Deal as Shares Surge 12%
Bitdeer has signed a 16-year agreement to provide 121 megawatts of AI computing capacity at its Tydal campus in Norway. The contract could generate as much as $8 billion if an eight-year extension is exercised. Key TakeawaysBitdeer signed abitcoin.comAlibaba Just Gave Away Its Best AI Model For Free, Almost Matching Claude and ChatGPT
Alibaba released Qwen3.8-Max on Monday, calling it the most capable model it has ever built. The weights land on Hugging Face and ModelScope next week—the first time the company has given away a model at Max scale. The specs are big: 2.4 tDecryptBitcoin ETFs Add $170M as Blackrock Leads Gains for 7 Funds
Bitcoin ETFs attracted $170.09 million at the start of the week, with seven funds recording gains and none reporting an outflow. Ether products lost $11.42 million, while XRP edged higher and HYPE resumed its decline. Key TakeawaysBlackrockbitcoin.comHashdex to Shut Down Bitcoin ETF After Struggling to Gain Assets
Hashdex is shutting down its U.S. spot Bitcoin exchange-traded fund after it amassed just $14.7 million in assets under management. According to a filing with the U.S. Securities and Exchange Commission on Monday, the crypto asset manager'sDecryptStrategy’s Saylor Tells BIP-110 Backers to ‘Stand Down’ Before Fork
Michael Saylor told the backers of a contested Bitcoin proposal to “stand down” this week, days before a deadline that could split the network in two. Key TakeawaysSaylor said BIP-110 has just 38 signaling blocks, or 2.70%, as obitcoin.comMARA Opens Slipstream to the Public as Coldcard Victims Race to Escape
MARA Foundation says its Slipstream service is now open to anyone, with no signup code required, at the same moment thousands of bitcoin holders are racing to move funds off a flawed hardware wallet. Key TakeawaysMARA Foundation opened Slipbitcoin.comWall Street Giant BNY Charges Into Crypto Staking With Galaxy
BNY, the world’s largest custody bank, is folding crypto staking into its digital asset custody platform through a new partnership with Galaxy Digital, marking another step in Wall Street’s push deeper into digital assets. Key Tbitcoin.comAI Attack Freezes Boltz, Rattles Lightning Network Users
Boltz, a company that lets people move bitcoin between the main blockchain, the Lightning Network, and the Liquid sidechain, shut down all of its swap services on Aug. 3 after months of automated attacks it said were increasingly powered bybitcoin.comApple's AI Slop Problem Left a $200K macOS Exploit Unreported
Apple has capped how many vulnerability reports a researcher can file at once, after its security team was swamped by AI-generated submissions that invent flaws that do not exist, the Financial Times reported. The cap has already cost it aDecryptBlackrock Brings 2 Tokenized Money Market Funds to Stablecoin Issuers
Blackrock has introduced two tokenized money market products aimed at institutional investors and stablecoin issuers. The funds combine blockchain-based ownership records with portfolios of cash and short-term U.S. government debt. Key Takebitcoin.comMorning Minute: Saylor Sells Bitcoin Again
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. GM! Today’s top news: Crypto majors are green, HYPE leads +5%; BTC at $63.8k StrDecryptBlackRock Tokenizes $311B of European Money Market Funds With JP Morgan's Kinexys
BlackRock has launched tokenized share classes for a range of European money market funds holding a combined $311 billion, its first on-chain fund access in Europe. The 12 new share classes sit across six funds in the BlackRock InstitutionaDecryptSui Moved $65 Billion for Free. Its Co-Founder Bets Bigger Things Are Coming
Mysten Labs (the development entity behind SUI) co-founder Evan Cheng says every digital payment on the internet will run through Sui within four years, and the network’s 2026 numbers are already backing up the bet. Key TakeawaysMystebitcoin.comHardware Wallet Firms Warn of Phishing Surge as Coldcard Losses Near $130M
Hardware wallet manufacturers Trezor and Foundation have warned of a surge in phishing attempts trading on the Coldcard firmware exploit, with scammers chasing users' recovery phrases and pushing malicious downloads. Trezor said it was alreDecryptLaw Enforcement Says CLARITY Act Aids Criminals. Industry Says They’re Wrong
The National Sheriffs’ Association is renewing its opposition to the CLARITY Act’s decentralized finance (DeFi) provisions, and the Blockchain Association says the law enforcement group has it backwards. Key TakeawaysThe Nationabitcoin.comFive Convicted of Imprisoning Crypto Millionaires in London 'Torture' Ordeal
Five men have been convicted over the blackmail and false imprisonment of two French cryptocurrency millionaires held for 52 hours in an East London flat last July, the Daily Mail reported. The victims, both in their 20s, were ambushed in SDecryptThe Coldcard Hack Just Hit $116 Million. A Fourth Wave Is Still Draining
The Coldcard hardware wallet hack has grown to $116 million (potentially more) across four separate waves, and Coinkite says the last three days have been among the hardest in the company’s history. Key TakeawaysThe Coldcard hack hasbitcoin.com
