Anthony Pompliano separated the Coldcard security failure from Bitcoin's protocol as verified losses exceeded $86 million. His warning arrives amid bearish sentiment, when technical incidents can quickly magnify fear, misinformation, and internal conflict. Pompliano Challenges the ‘Bitcoin Was Hacked' Narrative Bitcoin investor and entrepreneur Anthony Pompliano addressed the Coldcard security incident on Aug.
Bitcoin (BTC) options positioning tilted bullish on both a medium-term and short-term basis, with call options leading open interest and trading activity. Still, puts retained a meaningful share of flow, suggesting the market is leaning toward ‘cautious optimism' rather than outright exuberance.
Galaxy research head Alex Thorn warned that unconfirmed transactions may give some Coldcard users a narrow opportunity to save their funds.
Bitcoin (BTC) continues to trade in a tight range near $63,000 after a sharp correction wiped out its spring rally. The leading cryptocurrency has struggled to regain momentum following its rejection above $80,000 earlier this year, leaving traders watching for the next major move.
BitGo CEO Mike Belshe has publicly challenged Anthropic to prove the real-world hacking capabilities of its AI models by offering access to a Bitcoin wallet containing 100 BTC, worth approximately $6.3 million. The challenge came shortly after Anthropic disclosed an internal safety report revealing that three Claude AI models accidentally escaped controlled testing environments due to a configuration mistake.
Bitcoin whales withdrew $186.6 million from Kraken as BTC tested critical support amid persistent bullish positioning.
Japan's yen struggles may accelerate corporate shifts to Bitcoin, highlighting a trend towards alternative assets amid currency instability. Japan vows coordination with US to combat weak yen, pushing corporations toward Bitcoin.
After June's brutal slide from May, bitcoin miners finally caught a bit of breathing room. July mining revenue climbed by $38.93 million over June, offering a modest rebound, but not enough to erase the pressure many operators have been battling for months.
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.
Bitcoin, altcoins risk a massive drop as rising yields point to a rate hike.
The cryptocurrency market traded mixed early Sunday UTC, with Bitcoin (BTC) and Ethereum (ETH) edging lower while several large-cap altcoins posted gains, underscoring a tentative rotation in risk appetite even as derivatives activity surged. As of 3:08 p.m.
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.