General News

ZeroStack Flags Survival Risk Following $82.5 Million Crypto Treasury Loss

ZeroStack has warned that its ability to continue operating could come under pressure after reporting a steep loss tied to its cryptocurrency treasury strategy....

Luno Blocks Some Crypto Transfers Ahead of August 31 Account Closure Deadline

Luno has begun restricting certain cryptocurrency transfers as it prepares to exit selected markets, urging affected customers to move or liquidate their digital assets...

PayPal Expands Stablecoin Strategy Following $486.4 Billion Quarterly Payment Volume

PayPal is accelerating its stablecoin strategy after reporting quarterly payment volume of $486.4 billion, highlighting the company's growing focus on digital assets as a...

BitGo CEO Stakes 100 BTC in Public Challenge to Test Claude’s Hacking Abilities

BitGo CEO Mike Belshe has launched a high-profile public challenge that places 100 Bitcoin, worth roughly $6 million at current market prices, behind a...

SEC Sets Aug. 24 Deadline as Nasdaq Bitcoin Options Review Faces Another Regulatory Hurdle

The U.S. Securities and Exchange Commission has set August 24 as the next key deadline in its review of Nasdaq's proposed Bitcoin index options,...

Tether Reports $1.5 Billion Q2 Profit as USDT User Base Reaches New Record

Tether reported approximately $1.5 billion in net operating profit for the second quarter of 2026, underscoring the continued strength of the world's largest stablecoin...

How Bitcoin Cold Wallets Lost $70 Million in an Attack That Never Touched the Devices

More than 1,000 Bitcoin worth roughly $70 million was stolen in a coordinated attack that drained 1,196 wallets within about 41 minutes, raising fresh...

Bitcoin Mining Capitulation Deepens as Difficulty Drops 19.9% and Miners Shift Toward AI

Bitcoin miners are facing one of the toughest operating environments since the 2024 halving, with a sharp decline in mining difficulty signaling a broad...

Coldcard Firmware Bug Blamed for $38 Million Bitcoin Wallet Breach

A critical firmware build error affecting Coldcard hardware wallets has been linked to one of the largest hardware wallet security failures in recent years,...

Russia Expands Crypto Mining Ban to Moscow, Raising Questions Over Global Bitcoin Hash Rate

Russia is moving to tighten restrictions on cryptocurrency mining by extending a proposed ban to Moscow, the Moscow region, and parts of the Kursk...

Minnesota Becomes First State to Ban Crypto Kiosks After Nearly $1 Million in Scam Losses

Minnesota has officially become the first U.S. state to prohibit cryptocurrency kiosks statewide, with the new law taking effect on August 1. State lawmakers...

Circle Lands New York Trust Charter as Stablecoin Issuer Expands Regulatory Footprint

Circle has secured a limited-purpose trust charter from the New York Department of Financial Services, marking another significant regulatory milestone as the stablecoin issuer...