South Korea is widening its scam-refund system to include eligible crypto losses from voice-phishing, a pragmatic move that recognizes how fast fraud can move from a phone call to an irreversible blockchain transfer. The catch: this is a narrow fix, not a blanket payout for every crypto blunder.
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North Korea-linked Kimsuky is back on crypto’s radar, but claims that it’s using AI for phishing remain unconfirmed. The real threat is familiar: spearphishing, social engineering, and crypto firms still being prime targets for one of cyber’s oldest scams.
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Strategy is evolving from a Bitcoin treasury giant into a bitcoin-linked finance shop, using preferred stock products, cash reserves, and “digital credit” to offer investors income and lower-volatility exposure. It’s ambitious, clever, and still tied to BTC’s wild swings.
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Trump Media’s Bitcoin stack stayed large in Q2, but its fair value dropped sharply as crypto prices cooled, while crypto-related losses topped $360 million and a planned CRO treasury venture with Crypto.com and Yorkville was scrapped. Gravity, as usual, didn’t care about the branding.
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Trump Media posted a $238.1 million Q2 loss as unrealized crypto markdowns hit hard, even while Bitcoin holdings climbed to 14,139 BTC by July 31. The company also ended its planned CRO treasury deal, but its Bitcoin-heavy balance sheet still carries plenty of risk.
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The CLARITY Act was meant to give U.S. crypto real market rules, but Senate math, partisan drama, and Trump-linked ethics fights may sink it before it reaches the finish line. If it stalls, Washington keeps the regulatory fog machine running.
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A federal judge has paused the CFTC’s case against a U.S. Army Special Forces sergeant accused of using confidential military info to make about $409,881 on Polymarket bets tied to Venezuela and Nicolás Maduro, while the related criminal case takes priority. The fight could also shape how U.S. law treats prediction markets.
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Senate Majority Leader John Thune has set up a Sept. 15 cloture vote on the CLARITY Act, the first test of whether the Senate will even begin debating the crypto market structure bill. The measure is alive, but ethics fights and a 60-vote hurdle could still slow or stall it.
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Ethereum’s EIP-8361 could tighten ETH supply by burning more validator rewards as staking grows, while BitMine’s large treasury adds fuel to the bullish case. But Pepeto’s hype-heavy claims look far shakier than the Ethereum proposal itself.
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Bitcoin is holding a critical $65,000-$65,500 pivot as overbought momentum signals hint at a cooling pullback, even while strong ETF inflows and Strategy’s massive BTC stash keep the bigger bullish case intact. Bulls need to defend support fast.
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