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The Coldcard hack last week dealt a low blow to certain elements of the Bitcoin industry. A somber introspection has begun to question many of the practices and assumptions involved in securing bitcoin at a retail level. The consequences of this process might not be visible for many months.  Some are saying that self-custody is dead. Some reports estimate that over 11,000 bitcoins were moved to custodial exchanges last week as users fled one of the most popular hardware wallets in the Bitcoin industry. The hack, which is ongoing and users can still save themselves from, has seen north of…

New York City, United States, August 5th, 2026, Chainwire Fourteen-day event with Decibel will pit tokenized stocks, gold and oil against BTC, ETH and SOL in a first-of-its-kind self-custodial competition with a $25,000 USDC prize pool One of the fastest-growing narratives in digital assets is about to face its biggest public test. Tria, the self-custodial neofinance platform, today launched TradFi vs Crypto, the industry’s first trading competition to pit tokenized real-world assets directly against cryptocurrencies under identical conditions on a self-custodial platform. Developed in partnership with Decibel, the Aptos Labs-incubated perpetuals exchange, the fourteen-day competition allows traders to compete across…

The licence will support regulated e-money and payment services on the Bybit.eu platform, alongside the crypto-asset services. VIENNA, Aug. 4, 2026 /PRNewswire/ — Bybit.eu today announced that Bybit Payments GmbH has been granted an Electronic Money Institution (EMI) licence by Austria’s Financial Market Authority (FMA). Bybit Payments GmbH will provide regulated e-money and payment services through the Bybit.eu platform. Crypto-asset services on the same platform are provided separately by Bybit EU GmbH, an Austrian crypto-asset service provider authorised under the Markets in Crypto-Assets Regulation (MiCAR) since May 2025. To comply with regulatory requirements, the two Austrian entities have distinct regulatory…

Bitcoin has spent the last few days consolidating after recovering from recent lows, with price action centered around the $62,000–$64,000 range. While volatility remains relatively contained, traders are closely watching whether Bitcoin can build enough momentum to extend its recovery toward the next resistance levels. (The Economic Times)One of the most encouraging developments has been Bitcoin’s ability to defend important technical support. After several successful retests of the support zone, buyers have repeatedly stepped in, preventing a deeper decline. This suggests that demand is gradually returning, although a decisive breakout above nearby resistance is still required to confirm a stronger…

Willemstad, Curaçao, August 4th, 2026, PlayNewswire 1win, a crypto entertainment platform, has launched a new Web3 authentication system that allows users to register, sign in, and deposit funds using a crypto wallet. The new verification mechanism eliminates the need for email registration, passwords, or manually copying wallet addresses.  The feature is now available to all 1win users and supports Trust Wallet, MetaMask, and other wallets via WalletConnect. EVM-compatible networks are supported across all options, while TRON connections are available through Trust Wallet and WalletConnect-enabled TRON options. 1win is among the first crypto entertainment platforms to introduce seamless wallet onboarding for…

Bitcoin (BTC-USD) opened at $63,497.25 on Monday, August 3, 2026, 1.2% higher than Sunday’s opening price. As of 8:54 a.m. ET this morning, the price of bitcoin moved down to $62,643. Ethereum (ETH-USD) opened at $1,883.15 on Monday, August 3, 2026, up 2.2% from Sunday’s opening price. The price of ethereum moved lower this morning to $1,840.70 as of 8:54 a.m. ET. The opening prices of bitcoin and ethereum this morning rebounded from lower prices over the weekend, but then reversed course in early trading. Crypto prices don’t seem to be gaining any meaningful momentum following President Trump’s announcement on…

Bitmine owns 4.8% of the total ETH coin supply of 120.7 million Bitmine is 96% of the way to the ‘Alchemy of 5%’ in just 13 months In July, ETH outperformed Nasdaq 100 by 2,500 basis points, the largest since July 2025, reflective of the strengthening fundamentals of crypto Bitmine repurchased 4.5 million common stock in the past week, authorized under the previously announced $4 billion share repurchase program Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026 Bitmine’s Series A Preferred Stock is trading on the NYSE under the symbol BMNP Bitmine has 4,917,189 staked…

Coldcard stopped shipping devices. All of them. The halt came after a critical flaw in the wallet’s seed-generation process drained nearly $90 million in Bitcoin from over 4,500 addresses — a vulnerability that sat quietly in the firmware for five years. The flaw traces back to March 2021, when Coldcard’s parent company, Coinkite, integrated a new cryptographic library. That integration introduced a change nobody caught: the device’s true random number generator — the TRNG — was present in the code but wasn’t actually being called for the critical seed-generation function. Instead, a weaker MicroPython generator was doing the job. Auditors…

Despite multiple attempts to reach higher levels, XRP is still under pressure; the asset is currently trading at about $1. 08. The recent symmetrical triangle that had been forming throughout the second half of July has resolved to the downside, according to the daily chart. Even though the breakdown hasn’t led to aggressive selling, it shows that buyers still don’t have enough momentum to buck the general trend. Overall, the technical situation is still negative. The 50-day EMA ($1.09), 100-day EMA ($1.10), and 200-day EMA ($1.20) are all still below where XRP is trading. Any attempt at a recovery will probably…

Coldcard wallet faces scrutiny for failing to address a flaw dating back to 2021, which led to thousands of Bitcoin losses. The incident highlights the cold, hard fact that even air-gapped crypto devices are not safe.Coldcard, a Bitcoin (BTC)-focused hardware wallet, is currently facing public backlash after a long-standing critical flaw has caused users to lose their self-custodied assets. As of Sunday, reported losses have ranged between $38 million and $71 million—with most sources estimating the compromised assets at approximately 1,128.66 BTC. However, actual figures could be worse.The gravity of the incident has even sparked concerns among industry leaders. Former…