Rallied by the recent, catastrophic vulnerability in Coldcard hardware wallets, exploited to the tune of over $100 million, the Bitcoin community has rallied to prevent future critical bugs in the industry’s open source software. PSA: Any users of Coldcard wallets that have not migrated their bitcoin to new seeds generated in secure firmware are still
PowerCompute has refinanced and consolidated $18 million of existing debt into a Bitcoin-backed credit facility using 307 BTC as collateral, lowering its borrowing cost while keeping its Bitcoin treasury intact. Summary PowerCompute has refinanced $18 million of debt through a Bitcoin backed credit facility using 307 BTC as collateral. The new loan replaces three existing
The Ethereum Project has had the incredible privilege to launch its PoC testnet and engage the crypto-currency community over the past two months. During our experiences, we’ve encountered a lot of passionate support and wonderful questions that have helped us refine our thoughts and goals including the process we will eventually use to sell ether.
Ethereum’s last two major upgrades were focused squarely on Layer 2s. Glamsterdam, targeted to ship in H1 2026, is about improving Layer 1 — not just in terms of speed and efficiency but also the entire block production process. With execution increasingly migrating to L2s and Ethereum itself taking shape as the ecosystem’s underlying settlement
A single line of firmware shipped in March 2021 told every Coldcard hardware wallet to skip its dedicated randomness chip. For five years nobody noticed. Then an attacker brute-forced the weak seeds in 41 minutes, draining 1,816 BTC from more than 5,200 addresses across four attack waves. The incident is the largest hardware wallet exploit
Scalability is now at the forefront of the technical discussion in the cryptocurrency scene. The Bitcoin blockchain is currently over 12 GB in size, requiring a period of several days for a new bitcoind node to fully synchronize, the UTXO set that must be stored in RAM is approaching 500 MB, and continued software improvements
In Bitcoin ETF news today, Intesa Sanpaolo, Italy’s largest bank, filed its Q2 2026 Form 13F, the SEC’s mandatory quarterly disclosure of institutional long positions in US-listed securities, on August 4, and the numbers tell a sharp story. The bank slashed its BlackRock iShares Bitcoin Trust (IBIT) position by roughly 94% while tripling its stake
JPYC has raised a total of 6 billion yen ($38 million) through an extended Series B round, adding fresh corporate backing as the Japanese stablecoin issuer expands its payment network and Web3 financial services. Summary JPYC has raised 6 billion yen ($38 million) in an extended Series B round to expand its stablecoin ecosystem. AZ
Many of the concepts that we promote over in Ethereum land may seem incredibly futuristic, and perhaps even frightening, at times. We talk about so-called “smart contracts” that execute themselves without any need, or any opportunity, for human intervention or involvement, people forming Skynet-like “decentralized autonomous organizations” that live entirely on the cloud and yet
Russian President Vladimir Putin signed a comprehensive digital asset law on Aug. 4, creating a regulated route for retail and qualified investors to trade cryptocurrencies through approved intermediaries. Summary Russia will allow tested retail investors to buy liquid cryptocurrencies through regulated intermediaries from September. Nonqualified investors face a 300,000 ruble annual purchase cap through each
