Crypto news today: the Fed split 9-3, a Coldcard flaw drained $70M in BTC, and ETFs turned red. Here is the full week and what lands next.
Galaxy estimates three Coldcard-linked attack waves drained 1,367.05 BTC, worth $88.6 million, from 4,585 Bitcoin addresses.
Trump Media has sold another 2,628 Bitcoin (BTC) worth roughly $165 million, deepening losses on a treasury it assembled near record prices.
Bitcoin users moved 39,600 BTC in small transactions as the Coldcard hack continued, with researchers warning that the attack remained active.
The rise in sophisticated phishing and social engineering attacks highlights the urgent need for enhanced user security measures in crypto. The ‘massive Bitcoin attack' warning is real, but it's not what you think.
Fears are swirling that news of the attack could drive the bitcoin price lower
The government of Russia has included the city of Moscow and other regions in a 2024 decree banning cryptocurrency mining activities from August 15 to December 31, 2032. The amendment also includes the Moscow region and some territories of the Kursk region.
Cold storage, long presented as the ultimate bulwark against hacking, has just suffered one of its biggest setbacks. A critical software vulnerability affecting Coldcard wallets enabled the theft of tens of millions of dollars in bitcoin, reviving questions about the limits of self-custody.
Trump Media reportedly sold another 2,628 BTC worth $165M as Bitcoin trades below resistance, with traders watching for another decline.
Yen's instability prompts Japanese firms to diversify into crypto, highlighting potential volatility and cross-asset risks in financial markets. Tokyo and Washington coordinate on foreign exchange measures as yen weakness drives Japanese firms toward Bitcoin.
BTC sentiment fell to a four-month low after Coldcard's $38M exploit.
ETHB alone kept Ether funds positive, leaving the $9 million gain too concentrated to confirm broad rotation.