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Cryptocoins News / The Cointelegraph ​ - 2 weeks ago

Coldcard exploit sparks Bitcoin flight, ‘bullish’ crypto consolidation: Hodler’s Digest, August 2

The “sickening” loss of $90 million of Bitcoin from cold storage weighs heavily on sentiment, as the Clarity Act stalls with just five days left to hold a Senate vote. After $90 million in Bitcoin was drained from Coldcard wallet users, small hodlers...

Bitcoin News / Bitcoin.com - 2 weeks ago

Bitcoin Miners Face August Showdown After Revenue Rebound

After June’s brutal slide from May, bitcoin miners finally caught a bit of breathing room. July mining revenue climbed by $38.93 million over June, offering a modest rebound, but not enough to erase the pressure many operators have been battlin...

Bitcoin News / Bitcoin.com - 2 weeks ago

Coldcard Hacker Gets Brazen Bitcoin Laundering Offer Onchain

The Coldcard security incident entered another chapter after a public bitcoin transaction offered laundering services to the thief behind one of the largest self-custody bitcoin thefts ever recorded, while users also reported emergency firmware updat...

Bitcoin News / Bitcoin.com - 2 weeks ago

Coinkite Faces Class Action Threat as Bitcoin Wallet Bug Costs Users Over 1,300 BTC

Coinkite, the company behind Coldcard, the hardware wallet affected by a vulnerability in its seed generation code, might face legal action from victims who have lost over $88 million in BTC over the last two days. Users Prepare To Exert Legal Action...