OpenAI has released a small, free model that strips names, addresses, passwords, and account numbers out of any text, right on your laptop, before you paste it into an AI chatbot.
Galaxy Research reports a third wave of Bitcoin thefts from compromised Coldcard hardware wallets, bringing total losses to $88.6 million across 4,585 addresses. The exploit, linked to a 2021 firmware flaw, is ongoing, with all vulnerable devices expected to be drained, prompting users to move funds.
Coinkite's Coldcard wallets suffered a firmware error, leading to 1,367 BTC ($89M) being drained. This caused a surge in Bitcoin transactions as users migrated funds, blurring market signals. US AI guardrails hindered tracing efforts, forcing investigators to use open-source Chinese models.
Ethereum surpassed Bitcoin in July, driven by $365.17 million in US spot ETF inflows and increased corporate holdings by BitMine. Despite the rally, valuation metrics suggest the advance is a recovery from depressed levels rather than a confirmed cyclical floor against Bitcoin.
BNB Chain is taking legal action against a former employee who allegedly used unauthorized access to a wallet, originally for a tutorial, to launch the memecoin Asteroid Shiba (ASTEROID) and sell tokens worth $638,000.
Smaller Bitcoin transfers reached levels not seen since FTX collapse, with 39,600 BTC moved on Friday, amid an ongoing suspected Coldcard hack. The incident, which has drained 1,367 BTC ($88.6M) from 4,585 addresses, reignites debate over Bitcoin self-custody vs. third-party platforms.
SBI Crypto ceased operations of its Bitcoin mining pool in Japan on July 31, following a 64% drop in its seven-day average hashrate. This shutdown led to a temporary shift in block attribution, with Foundry USA, AntPool, and F2Pool collectively holding 60% of recent blocks, though the full impact remains unmeasured.
