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Coldcard exploit sparks Bitcoin flight, ‘bullish’ crypto consolidation: Hodler’s Digest, August 2
The “sickening” loss of $90 million of Bitcoin from cold storage weighs heavily on sentiment, as the Clarity Act stalls with just five days left to hold a Senate vote. Source: cointelegraph.com Read Full Story
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Eric Trump-backed Space-Eyes to go public via $638M SPAC merger
Space-Eyes, a defense technology startup backed by U.S President Donald Trump’s son Eric Trump, has revealed it’s planning to go public through a merger with a special purpose acquisition company called McKinley Acquisition Corp. The deal will value the combined businesses at around $638 million, Reuters reported. Eric Trump recently became the third-largest private investor…
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Coldcard Bitcoin Exploit Balloons to $88 Million as Attackers Keep Draining Wallets
Galaxy Research says a third wave of thefts from Coldcard Bitcoin wallets has pushed observed losses to roughly 1,367 BTC across 4,585 addresses. Source: decrypt.co Read Full Story
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Europeans Are About to Find Out How Entrenched AI Is in Their Daily Lives
New EU rules stipulate that people must be told when they’re interacting with AI or looking at AI-generated or -edited content, leading to fear of “disclosure fatigue.” Source: www.wired.com Read Full Story
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Bitwise is liquidating six crypto option ETFs that offered 25% payouts while returning investors’ own capital
Friday, July 31, was the final trading day for six Bitwise option-income ETFs. Shareholders still holding shares as of Aug. 3 face automatic cash redemption rather than an exchange sale. The Bitwise Funds Trust board voted June 30 to liquidate ICOI, IMRA, IMST, IGME, ICRC, and IETH, according to an SEC prospectus supplement. The products…
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Strategy holds STRC dividend at 12%
Customarily, Michael Saylor and team have lifted the STRC dividend when it trades sizably below par, but not this month. Source: www.coindesk.com Read Full Story
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Is this Billboard Hot 100 hit AI slop?
That cover art is almost certainly AI, too. | Image: Fenix Flexin Fenix Flexin is best known as a member of Shoreline Mafia, a rap duo from Los Angeles. But he’s recently found solo success with the track “Rubberz,” which has climbed to number 58 on the Billboard Hot 100. Almost immediately, though, questions were…
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Pump.fun Layoffs Spark Fury After Workers Miss Million-Dollar Token Payouts
Former Pump.fun employees say they were dismissed two months before their PUMP tokens vested. Weeks after those dates passed, the team unlocked 50 billion tokens of its own. An anonymous X (Twitter) account claiming to speak for more than 40 ex-staff began publishing termination emails this week. Pump.fun has not addressed the allegations publicly. April…
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OpenAI reportedly finds evidence that more of its agents ran amok
OpenAI has reportedly found evidence of additional agent misbehavior as it looks into the incident that occurred with Hugging Face. Source: techcrunch.com Read Full Story
