Bitcoin hardware wallet manufacturer Coinkite has issued an urgent security warning for Coldcard Mk3 devices after a critical vulnerability was exploited, draining 594 BTC in just 25 minutes. This is one of the most significant security incidents in the cryptocurrency space recently.
Strategy (formerly MicroStrategy) reported an $8.2 billion loss in Q2 as bitcoin prices fell over 40% from Q2 2025 levels. Despite the loss, the company increased its bitcoin holdings by 11%.
Coinbase shares slipped after Q2 results despite prediction markets doubling and record trading market share. The company said 88% of net revenue now comes from sources other than bitcoin spot trading.
According to a new report by blockchain security firm Blockaid, crypto hacks in the first half of 2026 have exceeded $1 billion in losses, setting a new record high. Ethereum and Solana ecosystems were the hardest hit, losing $332 million and $326 million respectively.
Bitcoin shed about 2% as South Korea’s Kospi plunged 11% and the U.S. Senate shelved the crypto market structure bill, leaving the market facing a pivotal Fed decision on Wednesday.
Decentralized cloud storage company Storj filed for Chapter 11 bankruptcy protection on July 27, becoming the second crypto firm to collapse this week. The company says operations will continue and proposes an unusual arrangement where token holders receive equity in the restructured business.
As MiCA implementation deepens and the UK finalizes its crypto framework, stringent regulation could spur mergers, acquisitions and closer ties with banks.
Crypto exchange BitMart announced its closure after nine years of operation. The BMX token plunged 58% on the news. Users have one month to close trades and six months to withdraw assets.
Bitcoin ETF weekly trading volume has fallen to its lowest level since October 2024, while ether funds have continued to attract inflows over the past three weeks, signaling a shift in crypto market capital preferences.
The Bank of Korea (BOK) announced it will launch live CBDC transactions with nine commercial banks in September, marking a major milestone in the country’s digital currency development.