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Cryptocurrency News

Location American Cryptocurrency News for 2 August 2026
XRP Scam Ring Arrested After Stealing $9M From 71 Investors South Korean police arrested three suspects accused of stealing 12.3 billion won, or about $9 million, from 71 XRP investors. Investigators traced 27.3 billion won through related wallets, indicating that total losses co...
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Grayscale Urges Senate CLARITY Act Vote Before August Recess Grayscale urged Senate leaders to schedule a CLARITY Act vote before the August recess, warning that delay threatens U.S. competitiveness. The bill would divide crypto oversight between federal regulators and establish n...
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Coldcard exploit sparks Bitcoin flight, bullish crypto consolidation: Hodlers 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.
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Grok AI Predicts Bitcoin Will Blow Past Its Old Record by End of 2027 Grok AI predicts a major re-rating for Bitcoin, and this price prediction is unusual in its timeframe, targeting the end of 2027 rather than 2026. From todays roughly $64,000 levels, well below the 2025 all-time high nea...
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Bitcoin Miners Face August Showdown After Revenue Rebound After Junes brutal slide from May, bitcoin miners finally caught a bit of breathing room. July mining revenue climbed by $38.93 million over June, offering a modest rebound, but not enough to erase the pressure many oper...
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Coldcard Hacker Gets Brazen Bitcoin Laundering Offer Onchain The Coldcard security incident entered another chapter after a public bitcoin transaction offered laundering services to the thief behind one of the largest self-custody bitcoin thefts ever recorded, while users also rep...
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Coinkite Faces Class Action Threat as Bitcoin Wallet Bug Costs Users Over 1,300 BTC Coinkite, the company behind Coldcard, the hardware wallet affected by a vulnerability in its seed generation code, might face legal action from victims who have lost over $88 million in BTC over the last two days. Users...
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BTC Plunge Triggers Altcoin Sell-off as ADA Bucks the Trend Bitcoins late-July rally collapsed into a $3,000 flash drop to $62,236 on July 31, erasing $40 billion in market capitalization. Total crypto market capitalization fell from $2.33 trillion to $2.22 trillion, while total ...
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Counting down the days: State of Crypto

Coin Desk - 2 Aug 2026 18:30
Counting down the days: State of Crypto The Senate is going on its summer break in a week, leaving next to no time left to sort out its remaining priorities in August. And obviously, the fate of Clarity is one of those priorities.
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Coinkite Under Fire for Retaining Customer Emails After $88M Coldcard Hack The company, which is facing issues with its Coldcard wallet, sent security notices to customers to warn them about the high risk of losing their bitcoin. Nonetheless, Rodolfo Novak, co-founder and CEO of Coinkite, had a...
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Why a DeFi platform ditched its consumer app to become the secret backend for tech giants Revenue fell from $80 million to $20 million in the bear market. OTC lending at $260 million outstanding is the fastest-growing line, targeting $1 billion by year-end.
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Stablecoin Supply Sheds $15 Billion in Biggest Drop Since Terra The stablecoin market cracked this summer, shedding roughly $14.56 billion after new federal rules wiped out interest payments on digital dollars. Moves like this tend to flush out yield-driven capital first, leaving tra...
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The future of crypto payments won't include on-ramps or bridges, Fun CEO says Alex Fine said standalone crypto payment rails are becoming obsolete as platforms shift toward unified funding flows that abstract away blockchain complexity for users.
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Strategy leaves preferred STRC dividend at 12% as price still below par Investors have previously benefited from a payout boost when the preferred STRC shares traded well below their $100 par value for a month.
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Bitcoin Drive Engaged: Saylors New Message Sparks Buy Speculation Michael Saylors latest tracker post has revived expectations that Strategy could announce another bitcoin purchase on Monday. The signal follows recent treasury sales that reduced the companys holdings to 843,775 BTC. Sa...
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AI Stocks Trade Like Memecoins While Bitcoin Barely Moves - Week in Review This editorial is from this weeks edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second its finished. The newsletter also includes th...
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The reverse bridge: Crypto meets Wall Street using perps Crypto exchanges built perpetual futures for digital assets. Now they are using them to offer 247 exposure to stocks, commodities and indexes.
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Unlike the FTX collapse, the $89 million Coldcard exploit has investors sending bitcoin back to exchanges The Coldcard vulnerability has smaller bitcoin holders moving funds onto exchanges for safety, according to blockchain analytics firms. This is opposite of the trend seen following the FTX collapse in late 2022.
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Russia Goes After Durov, Bessent Slams CLARITY Opponents, and More - Weekly Recap This weeks stories mixed Bitcoin history, U.S. regulation, new financial markets, DeFi consolidation, and geopolitical pressure. Satoshi Nakamotos famous I dont have time to try to convince you line turned 16, while Scot...
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XRP Price Prediction: Japan Just Made It Insanely Easy to Get Free XRP with a Credit Card XRP trades at $1.07 as SBI VC Trade and Orico launch Japan's first credit card loyalty-to-crypto conversion for XRP, BTC, and ETH. Here's what it means for price. The post XRP Price Prediction: Japan Just Made It...
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Trump Media sells another 2,628 BTC, holdings fall to 4,261 BTC Trump Media transferred another 2,628 Bitcoin to Crypto.com, bringing its reported sales over seven months to 7,281 BTC and leaving the company with 4,261 BTC in holdings.
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Seed Phrases: The 12 Words Standing Between You and Losing Everything On Jan. 10, 2026, a bitcoin and litecoin holder handed over their 12-word recovery phrase to someone posing as Trezor support and watched $282 million vanish in minutes, not because any encryption was broken, but because...
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