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Jun 24, 2026

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Coldcard Mk3 Firmware Flaw Drains Up to $70M in Bitcoin via Weak RNG
Markets

Coldcard Mk3 Firmware Flaw Drains Up to $70M in Bitcoin via Weak RNG

A critical firmware flaw in Coldcard Mk3 hardware wallets has exposed a weak random number generator used during seed generation, enabling attackers to drain between $38 million and $70 million in Bitcoin. Coinkite has urged affected users to migrate funds immediately.

Blockchain Academics NewsroomJust now
Tether Posts $1.5B Q2 Profit as USDT Hits 650M Users and Gold Reserves Top 146 Metric Tons
Markets

Tether Posts $1.5B Q2 Profit as USDT Hits 650M Users and Gold Reserves Top 146 Metric Tons

Tether earned $1.5 billion in net profit during Q2 2026 as USDT crossed 650 million users and gold holdings climbed above 146 metric tons. The figures cement Tether's dominance in stablecoins but raise questions about regulatory compliance and systemic risk concentration.

Blockchain Academics Newsroom1h ago
Bitcoin Hits 2-Week Lows as US Stocks Diverge From Asia Rebound
Markets

Bitcoin Hits 2-Week Lows as US Stocks Diverge From Asia Rebound

Bitcoin slid to its lowest levels in two weeks as month-end selling pressure collided with a divergence between US and Asian equity markets. The move underscores Bitcoin's continued sensitivity to macroeconomic conditions and tech sector volatility.

Ibrahim Rajab2h ago
Ethereum's 43-Day Staking Queue Reflects Network Mechanics, Not Pure Demand
Markets

Ethereum's 43-Day Staking Queue Reflects Network Mechanics, Not Pure Demand

Ethereum's 43-day staking queue is being misread as a bullish signal. Sygnum analyst Thomas Brunner argues the queue reflects the protocol's churn limit mechanics as much as genuine staking demand, a distinction that matters for institutional investors evaluating participation.

Alejandro Silva Ramírez4h ago

Regulation

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Texas Lawmakers Move to Ban Crypto Kiosks After $57M in Scams
Regulation

Texas Lawmakers Move to Ban Crypto Kiosks After $57M in Scams

Texas residents have lost $57 million to crypto kiosk fraud, prompting lawmakers to consider an outright ban. Three states have already prohibited Bitcoin ATMs entirely, and Texas appears poised to follow, signaling a shift even in traditionally crypto-friendly jurisdictions.

Alejandro Silva Ramírez9h ago
New York AG Sues Kalshi for $36B Over Illegal Gambling Claim
Regulation

New York AG Sues Kalshi for $36B Over Illegal Gambling Claim

New York Attorney General Letitia James filed a $36 billion lawsuit against Kalshi, alleging the federally regulated prediction market operates as an illegal gambling operation. The CFTC moved to block New York enforcement the day before, escalating a jurisdictional clash that could reshape how...

Alejandro Silva Ramírez10h ago
Treasury Secretary Bessent Invokes Satoshi Nakamoto in Push for Senate Vote on Clarity Act
Regulation

Treasury Secretary Bessent Invokes Satoshi Nakamoto in Push for Senate Vote on Clarity Act

Treasury Secretary Scott Bessent urged the Senate to immediately vote on the Clarity Act on Wednesday, accusing Democrats of delaying the crypto market structure bill for political reasons and invoking Bitcoin's pseudonymous creator to underscore the stakes.

Blockchain Academics NewsroomYesterday
IRS Warns of Sophisticated Phishing Scam Targeting Crypto Holders
Regulation

IRS Warns of Sophisticated Phishing Scam Targeting Crypto Holders

The IRS has issued a warning about fraudsters mailing counterfeit compliance letters to cryptocurrency holders, directing recipients to fake government portals built to harvest digital assets and personal information.

Blockchain Academics NewsroomYesterday
Uniswap v4 Fee Switch Delivers $325K Daily Revenue as UNI Climbs 16% in a Week
DeFi

Uniswap v4 Fee Switch Delivers $325K Daily Revenue as UNI Climbs 16% in a Week

Three days of on-chain data confirm Uniswap's fee switch is working: protocol revenue has nearly tripled to $325,000 daily, pushing UNI to $4. But liquidity providers warn the gains come from their pockets, raising questions about whether volumes will hold.

Alejandro Silva Ramírez22h ago
Tokenized Gold Passes DeFi Stress Test, But Adoption as Collateral Remains Minimal
DeFi

Tokenized Gold Passes DeFi Stress Test, But Adoption as Collateral Remains Minimal

Tokenized gold survived a real-world DeFi stress test during gold's sharp sell-off, with RedStone oracles maintaining accuracy and liquidations executing smoothly. Yet fewer than 2% of tokenized gold tokens are deployed as collateral, revealing a gap between technical validation and market adoption.

Alejandro Silva RamírezYesterday
Morpho Deploys on HSK Chain as Hong Kong Official Onchain Credit Partner
DeFi

Morpho Deploys on HSK Chain as Hong Kong Official Onchain Credit Partner

Morpho has partnered with HSK Chain to deploy as Hong Kong's official onchain credit partner, marking the lending protocol's first Asia-Pacific foothold and reflecting broader institutional DeFi expansion into regulated markets.

Julie "Mooncat" WolfJul 29, 2026
Robinhood Chain Tops Solana in Tokenized Stock Volume After Three Weeks
DeFi

Robinhood Chain Tops Solana in Tokenized Stock Volume After Three Weeks

Robinhood Chain has surpassed Solana in tokenized stock trading volume just three weeks after launch, averaging $29.7 million in daily DEX volume. The rapid ascent raises questions about whether the growth reflects genuine equity adoption or memecoin-driven speculation.

Julie "Mooncat" WolfJul 28, 2026

Technology

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