Author: WebDesk

For years, the crypto community repeated the same advice like a mantra: get a hardware wallet, keep your keys offline, and nobody can touch your coins. This week, that advice took a serious hit. The Coldcard wallet hack drained roughly 594 BTC, worth about $38 million, from around 500 Bitcoin wallets in just 25 minutes. The attacker never plugged into anything. No phishing, no malware, no stolen devices.So how do you rob 500 hardware wallets without touching one? Let’s break it down in plain English, because this story matters for anyone holding crypto, whether you own a Coldcard or not.What…

Ethereum has turned 11, and the network’s birthday arrives with a very Ethereum-style contradiction: it is still one of the most important settlement layers in crypto, but its base-chain revenue has cooled sharply. The validated July 31 notes show Ethereum hosting roughly $148.8 billion in stablecoins and around $15.5 billion in tokenized real-world assets. At the same time, daily mainnet revenue was reported near $330,000, with base-chain fees around $734,000 over a 24-hour period. That combination tells the real story better than a birthday tribute would. Ethereum is still deeply important. Stablecoins, DeFi, tokenized assets, Layer 2 settlement, and institutional…

The popular Bitcoin hardware wallet Coldcard product, made by Coinkite, is at risk following a $70 million hack. Coinkite on Thursday admitted that its Coldcard Mk3 model was affected following the hack and advised users to move their funds. Then, on Friday, the company said that users of the later hardware devices Mk4, Mk5, and Q should also take precautions.  Hackers on Thursday were first able to drain funds from 1,196 Bitcoin addresses because their private keys were not generated using sufficient entropy — or randomness.  Since then, a total of 1,082.65 Bitcoins have disappeared from wallets, according to data…

First, yes, that is a very clickbait title and completely unusual. This is a real security issue. Here is the official announcement from Coinkite themselves posted yesterday, please read and verify the genuineness of the issue there. TLDR: Coldcard MK2, MK3, MK4, MK5 and Q are being drained. A bug lets attackers find your seed phrase without any action on your part. Only wallets generated using the dice roll method are safe, assuming you rolled at least 50 dice. If you don’t know, don’t remember, or aren’t sure, move your funds immediately. This is a critical issue that requires immediate…

The first time we heard about MoonPay was during the NFT golden era. Every time a celebrity like Justin Bieber, Madonna, or Eminem bought a Bored Ape NFT, MoonPay was somehow involved. Back then, I never dove deep into the company. I figured they were some sort of OTC desk or collectible broker for the rich and famous. Turns out, I couldn’t have been more wrong.Fast forward to this week, and my entire feed was one thing: the MoonPay airdrop. We even claimed ours yesterday. That felt like the perfect excuse to finally dive a little deeper into the company.…

Granite Protocol has been listed on Borrow on Bitcoin, adding another lending route for users who want to put Bitcoin-linked collateral to work without leaving the broader Bitcoin DeFi stack. The listing centers on Granite’s Stacks-based lending market, where users can deposit sBTC collateral and borrow USDCx. The validated notes point to a variable borrow rate of 1.66% APR, along with features including isolated pools, soft liquidations, and no rehypothecation of user collateral. The product is not available in the US, and that limitation matters. Still, the listing is another sign that Bitcoin DeFi is becoming more specific. Instead of…

Timothy Morano Jul 31, 2026 15:03 Four Pillars launches institutional validator on Injective, enhancing governance, infrastructure, and APAC focus for the DeFi blockchain. Four Pillars, a research-driven blockchain firm, has launched an institutional validator on Injective, a layer-1 blockchain designed for decentralized finance (DeFi) and tokenized real-world assets. Operating under its FP Validated division, Four Pillars will contribute to network security, governance, and ecosystem development, with a particular focus on the Asia-Pacific (APAC) region, including South Korea. The move highlights Injective’s growing appeal among institutional players. Four Pillars, already active across 24 blockchain…

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 devices before 1.5.0Q. The core problem was a seed-generation weakness in which a hardware random number generator was replaced by a predictable software substitute, reducing entropy from the intended 128 bits to 72 bits. That is a technical detail, but it matters enormously. A Bitcoin…

Circle has secured a New York trust charter to expand its state regulatory footprint. Summary Circle has received a New York trust charter from the NYDFS for Circle New York Trust. The approval follows Circle’s recent federal trust bank authorization from the U.S. OCC under a separate regulatory framework. Circle said the charter strengthens oversight for its USDC business and extends its decade long relationship with the NYDFS. According to an announcement from Circle on Friday, the stablecoin issuer has received a limited-purpose trust charter from the New York Department of Financial Services for Circle Internet Trust Company LLC, doing…

Asset manager Canary Capital officially announced yesterday that it has filed for “$HBR,” the first-ever spot Hedera (HBAR) Exchange-Traded Fund (ETF) in the United States. Set to list directly on the Nasdaq exchange, this financial product marks a major shift in the digital asset landscape. For months, Wall Street’s crypto fund offerings were strictly limited to the top two giants, Bitcoin and Ethereum.By introducing a spot fund for Hedera, Canary Capital is actively breaking that monopoly, proving that institutional appetite is expanding into utility-driven altcoin networks. This new fund lets regular investors buy into Hedera just like buying a normal…