Raw News Items
38 itemsAugust 1, 2026
- CryptoSlate
How thin weekend Bitcoin liquidity turns minor geopolitical news into massive Monday price gaps for ETF holders
An investor who owns Bitcoin through a brokerage account can finish work on Friday, check the closing price of a spot ETF, and assume the position is done moving for the week. Bitcoin, however, has other plans. Between Friday’s close and Monday’s opening bell, Donald Trump can announce a tariff, a w...
- CointelegraphScore: 90
Coldcard Bitcoin loss estimate rises to $70M after Galaxy analysis
Galaxy Research identified 1,196 addresses that lost 1,082.65 Bitcoin in a 41-minute window, expanding the estimated scope of the Coldcard wallet incident.
- CryptoSlateScore: 85
Wall Street is sitting on a $16.3 billion Bitcoin loss, and an August 14 deadline will expose who is quietly fleeing
Bloomberg Intelligence estimates the average net cost basis of US spot Bitcoin ETF capital at roughly $82,249, leaving the position about 22% underwater and sitting on $16.33 billion in unrealized losses. On Aug. 14, large investment managers must disclose their June 30 Bitcoin ETF positions, and th...
- CoinDeskScore: 85
Binance founder CZ calls for wallet diversification after $70 million Coldcard exploit
Binance founder Changpeng Zhao says hardware wallets can still have bugs and suggests spreading funds across multiple wallets after the major Coldcard security failure.
- CoinDeskScore: 85
How bitcoin cold wallets lost $70 million in an attack that never touched the devices
Galaxy Research said weak seed generation let an attacker recreate likely private keys offline, sweep more than 1,000 BTC from nearly 1,200 wallets and continue searching without ever accessing the devices.
- The BlockScore: 85
Russian decree bans crypto mining across Moscow region through 2032
Regional energy officials had estimated that mining consumes 1 GW of power and could contribute to future electricity shortages.
- CoinDeskScore: 85
Bitcoin cold-wallet attack spreads to 4,500 addresses as losses near $89 million
Galaxy Research flagged a third wave of sweeps tied to weak Coldcard-generated keys, with the attacker now targeting smaller balances and changing how funds are collected onchain.
- DecryptScore: 80
CZ Warns Bitcoin Holders After $70 Million Wallet Exploit: 'Nothing Is 100%'
The Binance founder urged holders to spread funds across multiple wallets as Galaxy Research put the toll from the Coldcard exploit at roughly $70 million—nearly double the initial estimate.
- CointelegraphScore: 80
Minnesota crypto ATM ban goes into effect after reported $1M losses
State officials reported that Minnesota residents, and largely senior citizens, had lost about $1 million from scams tied to crypto kiosks from 2023 to 2025.
- CointelegraphScore: 75
Russia expands crypto mining ban to Moscow through 2032
Russia has added Moscow, the Moscow Region and parts of Kursk Region to its cryptocurrency mining ban list, citing power supply concerns behind the restrictions.
- CoinDeskScore: 75
XRP Ledger upgrade brings back features once pulled over critical bugs
The xrpld 3.3.0 release is expected next week with five proposed amendments, including two revised features that were previously withdrawn after researchers found bugs that could have allowed unauthorized transactions or fee draining.
- CryptoSlateScore: 75
If Bitcoin breaks $62k over the weekend, a $1.1B short overhang stands ready to pull price down to $60k
Bitcoin enters the weekend near $62,900, less than 1% above the July 31 intraday low, and Deribit has already settled roughly $9.6 billion in monthly Bitcoin options. The venue settles monthly contracts at 08:00 UTC on the last Friday of each month, and live expiry data placed July’s Bitcoin notiona...
- CoinDeskScore: 75
SEC to review Nasdaq bitcoin options approval after CME challenge
CME argues that because bitcoin is a commodity, options tied to its value fall under CFTC jurisdiction, not the SEC's authority.
- CryptoSlateScore: 75
Tether claims $1.5B profit, but hidden math reveals a $4.2B hit that halved its safety cushion in 90 days
Tether's second-quarter materials report $1.5 billion in net operating profit, earned mainly from Treasuries and repo activity. However, the attached reserve report shows a negative $3.17 billion first-half financial result, and the company's materials do not reconcile the two figures. Subtracting t...
- CryptoSlateScore: 75
Louisiana just armed crypto ATM users with a legal cheat code to demand full refunds from unlicensed operators
Starting Aug. 1, Louisiana users may cancel a virtual-currency-kiosk transaction made on or after that date and demand a full refund at any time if the machine's owner or operator was unlicensed when the transaction occurred. Act 482 puts the cost of an eligible refund on the operator. Eligibility d...
- CryptoSlateScore: 75
A major Japanese Bitcoin mining pool just pulled the plug on its Bitcoin service just as 3 mega-miners claimed 60% of the network
By the time SBI Crypto pulled the plug on its Bitcoin pool in Japan on July 31, its seven-day average hashrate had fallen 64% in a month. Later that day, a Hashrate Index reading put Foundry USA, AntPool and F2Pool at 60% of recent blocks. The timing makes them look connected. Weekly data tell a mes...
- The BlockScore: 75
Iran-linked exchange sent $676 million to Binance in alleged sanctions-evasion operation: Reuters
Dubai-based Shelbit processed over $4 billion since May 2024 through a network tied to Iranian gambling sites, the central bank, and the IRGC, per Reuters.
- CryptoSlateScore: 70
Why 110 corporate blockchains are headed for a massive shakeout – and Coinbase’s secret plan to absorb them
Corporate blockchains are multiplying, but Coinbase CEO Brian Armstrong expects the boom to end in consolidation rather than coexistence. Over the past year, several corporate institutions and Wall Street giants, including Stripe, Circle, and Robinhood, have developed rails for stablecoins and insti...
- CryptoSlateScore: 70
Coinbase spent 5 years building a life raft away from Bitcoin and still managed to lose $359M
Coinbase told investors on Thursday that 88% of its second-quarter net revenue came from something other than Bitcoin spot trading. The same release reported a $359.5 million net loss under US accounting rules, the company's third consecutive losing quarter. Both numbers describe the same three mont...
- CoinDeskScore: 65
Solana Foundation's new CISO warns AI is making crypto scams more convincing
Michael Coates, the foundation’s new CISO, said that AI vulnerabilities and fake identities will drive the next wave of blockchain security concerns.
- CointelegraphScore: 65
Bitcoin ETFs end July in the green despite late-month selling
Spot Bitcoin ETFs attracted $172.4 million in July inflows but remained $5.3 billion negative year to date after heavy withdrawals in May and June.
- CryptoSlateScore: 60
Bitcoin miners saved Texas power grid from collapse, but their lucrative pivot to AI is stripping away the emergency brake
Texas broke its all-time electricity demand record twice in two days last week. ERCOT served a preliminary 91,308 megawatts around 5 p.m. on July 22, one day after demand hit 87,403 megawatts and erased the 85,508-megawatt mark that had stood since Aug. 10, 2023. Neither afternoon saw an appeal for ...
- CryptoSlateScore: 60
Bitcoin just slept through Japan’s rate decision, but a swollen yen short is quietly threatening a massive margin call
Bitcoin's leverage gauges barely flinched after Friday's Bank of Japan decision. A yen short that had reached 152,125 contracts by July 21 grew to 163,412 by July 28, while Hajime Takata's failed push for 1.25% now gives traders a clear pressure point to watch. The board held the overnight rate near...
- CoinDeskScore: 60
Bitcoin mining difficulty shrinks 14% from this year's high as plunging revenues force operators to pivot
Difficulty falls as weak mining economics reduce capacity, while forward markets signal little relief through year-end.
- CoinDeskScore: 60
Tokenized stock trading surged 288% in July, but one QQQ token drove most of it
Without that QQQ token, QQQB, July volume for tokenized equities would be roughly $2.03 billion, about 30% below June’s total.
- CryptoSlateScore: 60
Digital asset SPAC delays crucial merger vote, leaving a deeply undercapitalized Old Glory Bank waiting on a $50M lifeline
Digital Asset Acquisition Corp., the SPAC seeking to combine with the parent of regulated bank Old Glory Bank, postponed the shareholder vote on the deal to 10 a.m. Eastern Time on Aug. 14 from July 31. The original meeting date fell two days after the stated July 29 redemption deadline. DAAQ said i...
- CryptoSlateScore: 60
Moonbeam just halted all user transactions, leaving late GLMR holders at mercy of an email helpdesk to recover funds
Moonbeam's standard GLMR migration window closed last night at 23:59 UTC (July 31), as its Polkadot network moved into an operational wind-down ahead of a relaunch on Base. The cutoff ended the standard route for self-custodied free balances, while exchange holdings, frozen balances, and protocol po...
- CointelegraphScore: 60
Onchain, in court: What happened in crypto legal news this week
A case tied to defunct crypto exchange FTX moves forward, a soldier seeks to dismiss over a Polymarket bet and a former congressman was ordered to pay $35,000 for manipulative trading.
- CointelegraphScore: 50
Crypto PAC pours another $1M into Michigan House race
Michigan incumbent Shri Thanedar’s re-election bid against other Democratic candidates is getting more about crypto with an infusion of ads funded by an industry-aligned PAC.
- CryptoSlateScore: 45
One public crypto firm just staked its way to breaking even, but a $50M paper loss and 66% dilution threat tell a darker story
Stablecoin Development Corporation, a public company built around holding and staking Sky Protocol's SKY governance token, reported that $2.2 million of second-quarter staking revenue roughly matched its company-defined cash operating expenses. The comparison used reported dollar values: SDEV receiv...
- CoinDeskScore: 40
Bank of Italy research suggests stablecoins aren't necessarily cheaper for remittances
A mystery-shopping experiment found that exchange fees, foreign exchange spreads and banking rails mean stablecoin remittances are often no cheaper than traditional transfer means.
- The BlockScore: 40
BNB Chain ‘pursuing legal action’ against former employee over memecoin launched from tutorial wallet
Lookonchain said the former employee bought nearly 80% of ASTEROID's supply for $10,000 before selling most of the tokens for about $638,000.
- CryptoSlateScore: 35
If the Fed trusts this single 2.2% metric, Bitcoin could break $65.3k and ignite a path to $68k
Bitcoin is trading near $63,000, with rate markets assigning roughly 66% odds to a September Federal Reserve hike, under a policy framework Kevin Warsh has left partly hidden. The Fed chair has defined his reaction function around “underlying inflation,” then declined to disclose how he weighs the i...
- CryptoSlateScore: 30
Why a guaranteed 4.47% yield on $44 billion of US debt just raised the hurdle for Bitcoin
The US government sold $44 billion of seven-year debt on July 28, and buyers accepted it at a yield of 4.473%. That was 21.3 basis points above the 4.260% yield awarded at June’s Treasury auction. Investors could lend money to Washington for seven years, collect regular interest, and lock in a retur...
- CoinDeskScore: 20
Everyone has the perps convergence backwards
Crypto is said to be growing up to look like Wall Street. The evidence in its biggest market points the other way, argues Bitget CEO Gracy Chen.
- DecryptScore: 20
The More Americans Know About AI, the Less They Like It: Gallup
Gallup says Americans are growing more skeptical of artificial intelligence, with rising concerns about job losses, businesses' use of the technology, and the technology’s growing impact.
- CoinDeskScore: 20
Strategy holds STRC dividend at 12%
Customarily, Michael Saylor and team have lifted the STRC dividend when it trades sizably below par, but not this month.
- CryptoSlateScore: 15
Why CME wants phone traders slinging leveraged Nvidia contracts at 3 AM after earnings drop
At 4:05 pm in New York, a large tech company releases earnings. The main stock session has ended, executives begin their conference call, and billions of dollars start shifting through every instrument connected to the company. Shares move across extended-hours venues, options desks recalculate vola...