The Coldcard vulnerability has smaller bitcoin holders moving funds onto exchanges for safety, according to blockchain analytics firms. This is opposite of …
Collapse
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Mining
Bitcoin miners saved Texas power grid from collapse, but their lucrative pivot to AI is stripping away the emergency brake
by shayaanby shayaanTexas broke its all-time electricity demand record twice in two days last week. ERCOT served a preliminary 91,308 megawatts around 5 p.m. …
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Mining
Zero mining revenue, 98% cash collapse, 2 million mysterious shares sets up miner’s 7 billion share survival play
by shayaanby shayaanSOS Limited shareholders approved steps that could expand the crypto-linked company’s authorized share pool 100-fold, giving it far more room to raise …
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Markets
Bitcoin treasury companies sell up, repay debt, pivot to AI as share prices collapse
by shayaanby shayaanFalling share prices, debt obligations and difficult market conditions are forcing former bitcoin accumulators to sell their holdings and restructure operations. www.coindesk.com
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Coinbase shares have fallen 4% to about $169 on July 22 as the CLARITY Act’s 2026 passage odds dropped 15 percentage points …
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GoPro, the action camera maker once worth more than $10 billion, just announced that founder Nicholas Woodman will extend $20 million in …
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Pi Network’s prolonged decline is raising fresh questions about the token’s near-term outlook. After sliding nearly 33% over the past month, Pi …
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The Memecore price didn’t just fall last week. It fell through floors traders assumed were made of concrete. Between June 22 and …
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Regulation
Sam Bankman-Fried appeal denied as court backs 25-year sentence for FTX collapse
by shayaanby shayaanFTX’s co-founder Sam Bankman-Fried will stay in prison until 2044 after a federal appeals court upheld his fraud conviction on Friday, Reuters …
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Markets
Bitcoin, ether eye worst weekly rout since FTX collapse as cryptos shed $390 billion
by shayaanby shayaanA week that began with Strategy’s bitcoin sale ended with one of the largest crypto market drawdowns in years. www.coindesk.com