BlackRock, Strategy and Coinbase Launch $15M Bitcoin Security Consortium to Counter Quantum Threats
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Nine major institutions including BlackRock, Strategy and Coinbase launched the Bitcoin Security Consortium on July 23, 2026
Members pledged a combined $15 million over three years to support long-term Bitcoin security research
Primary focus includes preparations for potential quantum computing threats to Bitcoin cryptography
Funds directed independently by each member; consortium takes no role in protocol development or governance…
SK Hynix Commits 19.1 Trillion Won to Expand M17 Semiconductor Plant Capacity
SK Hynix has allocated 19.1 trillion won toward the development and expansion of its M17 semiconductor manufacturing facility.
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Kathleen Allman files legal complaint to oust Ondo CEO Ian De Bode
Kathleen Allman, mother of late Ondo founder Nathan Allman, has initiated a legal battle to secure control of the firm.
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SEC Seeks to Reclassify Ethereum and Ripple in Ongoing Digital Asset Scrutiny
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August 7, 2026
Senate Delays Clarity Act Vote to September as Democrats Block Pre-Recess Action
Senate Majority Leader John Thune confirmed the Clarity Act procedural vote is delayed until September.
Democrats insisted on no vote before the August recess amid midterm election concerns.
The bill requires 60 votes and faces unresolved issues including ethics provisions and stablecoin rewards.
Industry groups pledge to continue negotiations ahead of the limited September legislative window.
The U.S. Senate will not vote on the Digital Ass…
August 6, 2026
Coldcard Firmware Flaw Enables Over $116 Million Bitcoin Theft in Largest Hardware Wallet Exploit
Attackers exploited a March 2021 firmware bug in Coldcard wallets to drain approximately 1,816 BTC (~$116 million) across multiple waves starting July 30, 2026.
The vulnerability cut effective entropy to as low as 40 bits on older models, enabling remote brute-force of seeds without physical access.
Coinkite released emergency firmware fixes, but existing seeds remain vulnerable and require full migration to new wallets.
The incident ranks as…
August 5, 2026
Coldcard Hardware Wallet Losses Approach $130 Million as Galaxy Flags Ongoing Multi-Attacker Exploit
Galaxy Research has high confidence that 1,596 BTC (over $100 million) was stolen from roughly 7,300 addresses across three confirmed attack waves plus 14 smaller incidents.
Including a suspected fourth wave would raise the total to about 2,055 BTC, or roughly $130 million.
At least 15 separate attackers are now exploiting the vulnerability; 90% of stolen coins have not moved.
Coinkite has released emergency firmware updates and urged users to…
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