Trump-linked Bitcoin miner produced a record 932 BTC in the second quarter, lifting mining revenue 8% as its net loss narrowed from the previous quarter. American Bitcoin posted record Bitcoin production in the second quarter, as higher mining output lifted revenue while the Trump family-linked miner remained in the red. The Nasdaq-listed company, co-founded by...Continue Reading

Ripple made a strategic investment in Zilo and Licuido as it looks to enable the use of tokenized funds as collateral from the point of issuance. Ripple announced two new strategic investments as the blockchain-focused fintech seeks to expand access to tokenized financial assets on its blockchain ledger. The company said it made strategic investments...Continue Reading

Bitcoin could confirm an August bear-market bottom, though rising Treasury yields could force the Fed to raise rates in September, according to 10x Research. Bitcoin could confirm a bear-market bottom in August with a monthly close above $63,000, according to 10x Research. Markus Thielen, founder of 10x Research, said in a Monday report shared with...Continue Reading

HashKey Exchange said it received approval to open client money accounts with JPMorgan, weeks after it launched customer fund accounts with DBS Bank. Hong Kong-licensed cryptocurrency exchange HashKey Exchange received approval from JPMorgan Chase to open a client money account, its parent company said Monday. The account will support client fund segregation and settlement through...Continue Reading

The crypto exchange stopped accepting new registrations from Japan residents and will begin progressively restricting existing accounts on Nov. 1. Crypto exchange Bitget said it will stop providing services to residents of Japan and phase in account restrictions.  The exchange announced Monday that it had stopped accepting new registrations from residents of Japan, while account...Continue Reading

The Nasdaq-listed company relies largely on staking rewards to fund operations, while its 0G holdings were valued 91% below their recorded costs. Nasdaq-listed crypto treasury company ZeroStack warned that substantial doubt exists about its ability to continue operating over the next year, reversing its assessment from three months earlier.  In a Form 10-Q filed with...Continue Reading

The persistent discount suggests US spot buyers have remained less aggressive than overseas traders even as US Bitcoin ETF inflows turned positive in July. Bitcoin fell under $63,000 on Monday as the Coinbase Premium Index, a proxy for US institutional demand for Bitcoin, reached its 77th day in the red.  Bitcoin has traded at a...Continue Reading

The five-year bug escaped detection because auditors verified that the intended random number generator existed, but not that it was being called. Coldcard’s five-year seed-generation flaw has exposed a broader weakness in how hardware wallets are independently tested, according to Kraken chief security officer Nick Percoco.  In an X post on Sunday, Percoco said the...Continue Reading

Stablecoins have been flowing out of South Korean exchanges for 18 consecutive months as regulators weigh tighter oversight of cross-border crypto activity. South Korea saw 560.3 billion won ($367 million) in stablecoin outflows to overseas exchanges in June, extending the country’s streak of monthly net stablecoin outflows to 18 consecutive months.  The figure comes from...Continue Reading

Galaxy research head Alex Thorn warned that unconfirmed transactions may give some Coldcard users a narrow opportunity to save their funds. Coldcard users are being warned of a new wave of coordinated thefts targeting their Bitcoin hardware wallets, coming just days after the first wave of attacks on Thursday. In an X post on Monday,...Continue Reading