Bitcoin News Reader - Coinhills

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 battling for months. May’s Boom Quickly Turned Into June’s Bust The latest six months of mining […]

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 updates leaving some hardware wallets unusable. The new developments come just days after Coinkite disclosed that a long-dormant firmware f

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 Against Coinkite Over Coldcard Vulnerability Coinkite, the company behind the Coldcard series of […]

Bitcoin’s late-July rally collapsed into a $3,000 flash drop to $62,236 on July 31, erasing $40 billion in market capitalization. Total crypto market capitalization fell from $2.33 trillion to $2.22 trillion, while total altcoin market cap dropped to $964 billion. Bitcoin’s July Rally Collapses Into $62K Slump After teasing double-digit gains for much of late […]

The Senate is going on its summer break in a week, leaving next to no time left to sort out its remaining priorities in August. And obviously, the fate of Clarity is one of those priorities.

Conflicting statements from Washington and Tehran have cast fresh uncertainty over the Strait of Hormuz, leaving global markets and governments watching to see whether diplomacy can prevent another escalation in one of the world’s most strategically important waterways. Trump Says a Deal Is Taking Shape, but Iran Pushes Back U.S. President Donald Trump announced late […]

Strategy kept STRC’s August dividend rate at 12% as shares closed at $89.46, backed by buybacks and a $3.75 billion cash reserve.

Key Takeaways The latest two attempts to recover the 100-day SMA failed by the daily close. A spike to approximately 76,500 receiving addresses faded within days. The 0.236 Fibonacci retracement near $0.00000550 remains the larger barrier. Shiba Inu rose roughly 30% into July 26 before giving back a substantial part of the move. SHIB traded near $0.00000496 at the time of writi

Trump Media’s Truth API gives institutions millisecond access to influential posts as lawmakers urge the SEC to examine market fairness.

The company, which is facing issues with its Coldcard wallet, sent security notices to customers to warn them about the high risk of losing their bitcoin. Nonetheless, Rodolfo Novak, co-founder and CEO of Coinkite, had assured that the company retained customer data for just 90 days after a purchase. Coinkite Faces Criticism For Leveraging Customer […]

Coldcard users are urged to replace vulnerable seeds after Galaxy traced 1,367.05 BTC, worth $88.6 million, across 4,585 addresses.

Revenue fell from $80 million to $20 million in the bear market. OTC lending at $260 million outstanding is the fastest-growing line, targeting $1 billion by year-end.

A flaw in Coldcard's firmware has put the spotlight on a basic part of wallet security: how the device generates its seed in the first place. The issue came into focus after an attacker drained 1,196 Bitcoin addresses on July 30 in a 41-minute stretch, taking 1,082.65 BTC worth about...Read Entire Article

Key Takeaways Bitcoin defended horizontal support near $62,100 on August 1. The August 2 rebound tested the 50-day SMA near $63,300 before fading. Long-dormant coin inflows increased sharply on Coinbase. Funding remained neutral while CryptoQuant’s miner shutdown indicator rose. Bitcoin’s August 1 decline stopped near the support highlighted in our previous analysis. The horizo