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Ether ETFs Extend Weekly Run With $27M Inflow as Bitcoin Loses $61.5M

Ether ETFs attracted $27.42 million in the week ended July 31, securing a fourth consecutive week of inflows. Bitcoin funds lost $61.53 million, while XRP and solana gained ground and HYPE recorded another week of redemptions.   A $233 Million Rally Fades by Friday The week began with a trickle, surged into a flood and […] from Bitcoin News https://ift.tt/E2gMLIH
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Coldcard Hacker Gets Brazen Bitcoin Laundering Offer Onchain

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 flaw had […] from Bitcoin News https://ift.tt/XCBEadL

Coinkite Faces Class Action Threat as Bitcoin Wallet Bug Costs Users Over 1,300 BTC

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 […] from Bitcoin News https://ift.tt/mOXiNUw

BTC Plunge Triggers Altcoin Sell-off as ADA Bucks the Trend

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 […] from Bitcoin News https://ift.tt/GmsWyK5

Iran Rejects Trump Deal as Hormuz Tensions Grip Markets Again

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 […] from Bitcoin News https://ift.tt/yKIzrJ2

Analyst: Bitcoin Drops to $60K in August Before Rebounding to $70K

Andrey Poroshin, a financial analyst at Bitbanker, an exchange with a presence in Russia, the UAE, and Kyrgyzstan, stresses that bitcoin will retest $60K lows as excess liquidity is withdrawn to recover $70K later, a price still below the base cost of mining in the U.S. Analyst: BTC To Retest $60K Levels In August But […] from Bitcoin News https://ift.tt/I2Ap8G3

Dice Rolls Keep Bitcoin Keys Offline, but Not Everyone Will Bother

A standard six-sided die produces about 2.6 bits of unpredictable information with every roll. That may not sound like much, but repeated enough times, those rolls can create the raw randomness needed to secure a bitcoin wallet without relying on software or an electronic component. Why a Die Roll Is So Difficult to Predict Claude […] from Bitcoin News https://ift.tt/NMrsZ3p