Ethereum treasury firm BitMine Immersion Technologies slowed its ETH purchase pace, adding just $62 million worth last week.
Binance founder Changpeng "CZ" Zhao warned crypto owners about hardware wallet vulnerabilities after a Coldcard exploit drained over $70 million in Bitcoin. A flaw in firmware shipped in March 2021 allowed private keys to be guessed, affecting 1,196 addresses, prompting Coinkite to issue hotfixes.
Galaxy Research identified 1,196 addresses linked to a Coldcard wallet incident where 1,082.65 Bitcoin ($70.2 million) was lost on July 30. Coinkite, Coldcard's maker, acknowledged a firmware bug and released a hotfix, advising affected users to move funds to a new seed.
Bitcoin (BTC) dropped to a two-week low of $62,369 on Friday, facing pressure as US stocks closed the month. This decline occurred despite a rebound in Asian markets, with analysts warning of a potential August rollover mirroring 2022 bear market trends.
Aave proposes winding down its V3 markets on six blockchains (Sonic, Scroll, zkSync, Metis, Soneium, Aptos) and retiring 50 low-use token reserves and 21 Pendle principal token listings, affecting $98.1M in supplied assets and $15.6M in debt, to reduce economic and technical risk.
Dubai-based crypto exchange Bybit has expanded the financial utility of blockchain-based equities by enabling six tokenized stocks, including Nvidia and Tesla, to serve as collateral for margin trading and lending products for eligible users.
Solana-based memecoin launchpad Pump.fun reportedly fired employees in April, two months before they were due to receive PUMP tokens worth millions, citing rapid growth. Agreements indicated token vesting was scheduled for June 2026.
