A Coldcard security issue has put Bitcoin hardware-wallet safety back under the microscope after reports that a firmware flaw affected seed generation on some older device versions. According to the validated incident notes, the issue relates to Coldcard Mk3 firmware versions 4.0.1 through 5.0.3, along with Mk4 and Mk5 devices before firmware 5.6.0, and Q…
BitMEX is facing a proposed class action in the Southern District of New York seeking the return of 622.66 BTC over alleged forced liquidations and platform misconduct. The complaint was filed on July 23, 2026, by BKX Services Inc. and David Namdar against HDR Global Trading Limited, Arthur Hayes, Benjamin Delo, Samuel Reed, and Gregory…
The CLARITY Act appears unlikely to move through the Senate before the August recess, slowing the crypto market structure push at a moment when the industry had hoped for faster progress. The bill, formally listed on Congress.gov as H.R. 3633, the Digital Asset Market Clarity Act of 2025, is designed to create clearer rules for…
Robinhood CEO Vlad Tenev’s X account was compromised to promote a fake memecoin, giving crypto another reminder that social engineering still works best when it hijacks trust.Robinhood Communications confirmed the incident in a post on X, saying Tenev’s account had been compromised and that the company worked with X to resolve the issue. The fraudulent…
Poolin Technology has filed for Chapter 11 bankruptcy protection, setting up an orderly wind-down and asset sale process tied to its West Texas mining operations. The filing was made on July 22, 2026, in the US Bankruptcy Court for the District of New Jersey under Case No. 26-18325. Poolin Technology PTE. Ltd. and its US…
Kraken is bringing perpetual futures to eligible US traders through a regulated derivatives structure, and that is a notable shift for a product category that has usually lived outside the US market. The exchange said the product is offered through NinjaTrader Clearing, LLC, doing business as Kraken Derivatives US, a CFTC-registered Futures Commission Merchant. The…
Elliptic has published a new report explaining how Bitcoin ATM scams work, and the most useful part is not the usual warning that scammers exist. It is the transaction path. The report describes how fraudsters manipulate victims, often elderly people, into depositing cash at physical crypto kiosks. Once the cash is converted into crypto, the…
The Financial Action Task Force says more jurisdictions are putting crypto rules into law, but enforcement remains the weak point. In its Seventh Targeted Update on the implementation of FATF standards for virtual assets and virtual asset service providers, the global watchdog reported that 83% of surveyed jurisdictions have passed legislation to implement the Travel…
SEC Commissioner Hester Peirce has issued a new statement on crypto vaults and lending strategies, and the message is more nuanced than a simple pro-crypto or anti-crypto headline. Peirce’s July 22 statement, titled “Headstands and Summervaults: A Statement on Crypto Vaults and Lending Strategies,” argues that putting an activity on-chain does not automatically move it…
Sam Waldon, the Principal Deputy Director of the SEC’s Division of Enforcement, will leave the agency on July 31, 2026, marking a leadership change inside one of the most closely watched divisions in US financial regulation. The SEC said Waldon is departing after more than 14 years of service. Osman Nawaz will succeed him in…