Bitcoin brushed off a major Coldcard firmware flaw tied to 1,367 BTC drained from 4,585 addresses, keeping steady in the low-to-mid $60,000s. The incident hit self-custody hard, but it didn’t crack Bitcoin itself.
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AI-assisted review flagged 4,962 possible issues across 390 Bitcoin codebases in under 30 hours after the Coldcard flaw exposed a brutal seed-generation bug. Most findings still need human verification, but the sweep shows how much security debt still lurks in Bitcoin software.
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Block added 103 more Bitcoin, bringing its reported treasury to 8,883 BTC just weeks after joining the S&P 500. The move underscores Jack Dorsey’s company’s steady BTC accumulation strategy, even as corporate Bitcoin plays keep splitting into very different flavors.
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PowerCompute refinanced $18 million of debt with a Bitcoin-backed loan from Arch Lending, pledging 307 BTC as collateral to cut borrowing costs to about 2% APR while keeping its treasury coins intact. Smart move — but the 30-day reset and BTC volatility keep the risk very real.
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The CLARITY Act is supposed to bring order to U.S. crypto regulation, but the Senate is turning it into a fight over Trump ethics, DeFi developer liability, and stablecoin yield. A real market-structure bill may live or die on whether lawmakers can cut the nonsense before time runs out.
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A five-year-old Coldcard build bug quietly weakened seed generation and helped trigger one of the biggest hardware wallet thefts in crypto history. The fix stops future damage, but old seeds made on the broken firmware are still a loaded gun.
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Circle’s Q2 profit slipped even as USDC usage surged, with $14.8 trillion in on-chain volume and a public Arc mainnet launch set for September 16. The catch: lower rates and steep distribution costs still squeeze margins, so the real test is whether Circle can turn scale into durable infrastructure.
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Circle is set to launch Arc’s public mainnet on Sept. 16 with BlackRock, Visa, ICE and DTCC among its genesis validators, signaling a major push to build blockchain rails for institutional finance, tokenized assets and faster settlement.
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Mastercard has named Borderless.xyz as the first pilot partner for a live stablecoin payments test, using real cross-border transactions to tackle the bigger headache in crypto payments: compliance that doesn’t scale. It’s less hype, more plumbing.
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The U.S. may control a massive Bitcoin stash, but the much-buzzed-about 328,372 BTC figure isn’t verified here. What’s clear is that Washington has shifted from dumping seized coins to treating at least some BTC as strategic reserve asset material.
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