Fairshake-affiliated PAC injects $1M into re-election bid of Rep. Thanedar, a key crypto legislation supporter in Congress. A political action committee linked to the crypto industry has allocated $1M to support Rep. Shri Thanedar’s re-election campaign in Michigan’s 13th
Bitcoin’s volatility and transaction volume limitations make it unsuitable for commercial payments, per Marathon Digital’s chief executive. Marathon Digital CEO Fred Thiel stated Bitcoin has missed its chance to become a mainstream payment method. He cited high transaction
State Street's $5.7 trillion portfolio chief missed Bitcoin at $500 Lori Heinel, Global Chief Investment Officer at State Street, oversees $5.7 trillion and has shared her experience of missing the Bitcoin opportunity at $500. Heinel had pitched gold to clients nea
AI agents may transform crypto market with automated trading Robinhood is exploring the use of AI agents for crypto trading, which can act on decisions and learn from mistakes. The AI agents can react to market shifts in real time and execute trades. This t
AI-powered social engineering threatens crypto security The Solana Foundation's new Chief Information Security Officer warns that AI is making crypto scams more convincing. The foundation is evaluating post-quantum cryptography to address potential security concern
Moscow added to cryptocurrency mining ban list Russia has expanded its cryptocurrency mining restrictions to include Moscow, citing power supply concerns. The ban, set to take effect on August 15, 2026, will remain in place through December 31, 2032. Earlier rest
Coldcard Bitcoin loss estimated at $70M after Galaxy analysis Galaxy Research identified 1,196 addresses that lost 1,082.65 Bitcoin in a 41-minute window. The estimated loss is worth about $70.2 million at the time of the transactions. Earlier analysis estimated
Bitcoin ETFs see $61.53 million outflow in late July Bitcoin ETFs have attracted $51.32 billion in cumulative net inflows since launch. Total net assets stood at $76.29 billion at the end of July. Weekly flows turned negative at the end of the month after three cons
Attackers stole 1,000 BTC from 1,196 wallets A recent attack on bitcoin cold wallets resulted in the theft of over $70 million in BTC. The attack, which occurred on July 30, saw 1,082.65 BTC swept from 1,196 wallets in a 41-minute span. The stolen funds, no
Spot Bitcoin ETFs record $265 million in net outflows Spot Bitcoin ETFs experienced a significant outflow of funds, with a total of $265 million in net outflows on July 31. The outflows were led by BlackRock's IBIT, which saw $123 million in net outflows. I
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