Binance founder CZ calls for wallet diversification after $70 million Coldcard exploit
Binance founder Changpeng Zhao says hardware wallets can still have bugs and suggests spreading funds across multiple wallets after the major Coldcard security failure....
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What is proof of work? The consensus mechanism that powers bitcoin
Proof of work is a consensus mechanism that forces computers to spend measurable energy solving a mathematical puzzle before they can add a new block of transactions to a blockchain. It is the reason bitcoin has value as a settlement…...
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Ukrainian drones strike Ufa refineries, Crimea military sites in ongoing campaign
Ukraine’s drone strikes may shift regional military balance, impacting Russian logistics and energy, while boosting confidence in Ukraine’s strategy. The post Ukrainian drones strike Ufa refineries, Crimea military sites in ongoing campaign appeared first on Crypto Briefing....
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Bitcoin price tests $63K as ETF outflows hit $265M
Bitcoin price hovered near $63,000 on Aug. 1 as US ETF outflows, weakening momentum and regulatory uncertainty kept buyers on the sidelines. Bitcoin price struggles to hold $63,000 According to data from crypto.news, Bitcoin (BTC) price traded at approximately $63,082…...
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Polymarket bettors give Hamas disarmament by year-end a 61% chance after Trump peace deal announcement
The prediction market’s focus on Hamas disarmament highlights the potential for geopolitical shifts and the evolving role of blockchain in global diplomacy. The post Polymarket bettors give Hamas disarmament by year-end a 61% chance after Trump peace deal announcement appeared first on Crypto Briefing....
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South Korea crypto trading volume plunges nearly 55% in H1
Trading volume across South Korea’s five major won-based crypto exchanges fell 54.6% year over year in the first half of 2026 as liquidity became increasingly concentrated on market leader Upbit. South Korea crypto volume drops below $367B Upbit, Bithumb, Coinone,…...
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The $4 billion Iran sanctions evasion network through crypto
The United States has sanctioned Iranian exchanges, frozen nearly $1 billion in cryptocurrency, and traced $3.84 billion in Iran-linked flows through a single offshore exchange, exposing the scale of sanctions evasion through digital assets. The numbers tell the story before…...
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Bitcoin mining capitulation: difficulty falls 19.9% as miners pivot to AI
Bitcoin mining difficulty has dropped 19.9% from its peak in the third deepest ASIC era decline on record, as miners sell bitcoin at record rates and redirect power capacity toward artificial intelligence data centers. Bitcoin mining difficulty has dropped 19.9%…...
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Tether’s $1.5 billion Q2 profit and the reserve buffer problem
Tether earned $1.5 billion in three months while its safety cushion fell by half, raising questions about whether the world’s largest stablecoin can sustain its reserve strategy through a rate cycle. The numbers look strong. Tether generated $1.5 billion in…...
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A build error in Coldcard’s firmware drained $38 million in bitcoin in 25 minutes
Coinkite says an attacker used AI to find a flaw its own AI review missed, exposing 500 wallets to a seed generation bug that reduced 128 bits of entropy to 40. The attack took 25 minutes. At 2:14 a.m. UTC…...
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