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Bitcoin News Reader - Coinhills

PayPal reported $486.4 billion in Q2 payment volume, created a dedicated crypto division and placed stablecoins among its growth priorities.

BTC Manager

PayPal stablecoin strategy expands after $486.4B quarter

Key Takeaways The transferred amount was worth approximately $24.4 million. Some unconfirmed transactions may still be replaceable through RBF. Part of the Bitcoin has already reached second-hop addresses. Alex Thorn, Galaxy Digital’s Managing Director and Head of Firmwide Research, reported what he described as a likely another wave targeting Coldcard wallet users at around 1:

Coindoo

Coldcard Hit Again: How Some Users Can Stop Pending Transfers

The persistent discount suggests US spot buyers have remained less aggressive than overseas traders even as US Bitcoin ETF inflows turned positive in July.

CoinTelegraph

Bitcoin hits $62K while Coinbase premium hits 77-day negative streak

Wallets tied to the Truth Social parent now hold about as much bitcoin as the company previously pledged as note collateral, making its next 10-Q the key test of whether recent Crypto.com transfers were custody moves or sales.

CoinDesk

Trump Media’s bitcoin stash may be down to loan collateral after $165 million BTC move

The SEC kept Nasdaq’s cash-settled Bitcoin index options paused while reviewing CME’s jurisdiction challenge, with statements due Aug. 24.

BTC Manager

SEC sets Aug. 24 deadline in Nasdaq Bitcoin options review

Alex Thorn, Head of Firmwide Research at Galaxy Digital, criticized Duel Casino for refusing to block nearly 230 ETH allegedly stolen from a victim of the Coldcard vulnerability. Nonetheless, Duel Casino refused to freeze the funds without having evidence linking them to the hack.   Coldcard Hack Spreads: Duel Casino Refuses to Freeze Funds Without […]

Bitcoin.com

Galaxy Digital and Duel Casino Clash Over 230 ETH Linked to Coldcard Exploit

Prediction markets Kalshi, Polymarket and Polymarket US reached $50.6 billion in July volume as World Cup trading drove a monthly record.

BTC Manager

Prediction markets hit record $50.6B July volume

Michael Saylor’s company, Strategy, is now closely monitoring bitcoin’s 200-week moving average, a key long-term support level that the cryptocurrency has historically respected.

CoinDesk

Michael Saylor’s Strategy is now tracking bitcoin’s 200-week moving average

A fourth suspected Coldcard attack wave moved 448.7 BTC from 709 addresses, while unconfirmed transactions may still be replaceable.

BTC Manager

Coldcard losses rise as fourth attack wave sweeps 448 BTC

BitGo CEO Mike Belshe challenged Anthropic’s Claude to move 100 BTC after three real-world test breaches; the wallet stayed untouched.

BTC Manager

BitGo CEO puts 100 BTC behind Claude challenge

Switzerland has spent years building the conditions for broader cryptocurrency adoption, and the latest data suggest those efforts are paying off. A Bearingpoint study found that 23% of Swiss adults use cryptocurrency at least occasionally, more than double Germany’s 11% rate, pointing to a market where digital assets have steadily become part of mainstream financial […]

Bitcoin.com

Switzerland’s Crypto Use Is Double Germany’s, Study Finds

Binance will delist ACX, HFT, PIVX, PYR, VANRY and VIC on Aug. 17, with futures closing Aug. 7 and withdrawals ending Oct. 17.

BTC Manager

Binance to delist 6 tokens on Aug. 17

The five-year bug escaped detection because auditors verified that the intended random number generator existed, but not that it was being called.

CoinTelegraph

Coldcard’s 5-year flaw reveals hardware wallet testing gap: Kraken’s security chief

The CLARITY Act is missing from Monday’s Senate agenda, leaving leaders until Wednesday to prepare a possible Friday procedural vote.

BTC Manager

CLARITY Act faces Wednesday deadline for Friday vote

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