Hackers steal over $130 million by exploiting bug in offline hardware wallets

A security vulnerability in the cryptocurrency hardware wallet Coldcard is allowing hackers to drain the crypto from victims’ wallets. The total losses amount to more than $130 million, according to blockchain monitoring firms.

Trump-backed American Bitcoin posts $57m loss but grows its BTC treasury
Trump-backed American Bitcoin posts $57m loss but grows its BTC treasury

American Bitcoin lost money again in the second quarter, and kept buying bitcoin anyway. The Trump-family-backed miner reported a net loss of $57.2m for the three months to June, narrower than the $81.8m loss it booked the quarter before. Mining revenu…

Trump reports about $1.4bn in crypto income as digital assets eclipse property
Trump reports about $1.4bn in crypto income as digital assets eclipse property

Donald Trump earned about $1.4 billion from cryptocurrency ventures in 2025, according to the annual financial disclosure his administration filed with the US Office of Government Ethics on June 30, making digital assets the single largest source of in…

A 25-year-old just raised $180M to build a US bank from scratch
A 25-year-old just raised $180M to build a US bank from scratch

Augustus has raised $180 million at a $1 billion valuation. Tiger Global led the round, the company announced on Tuesday. Hummingbird, QED, and the founders of Nubank, Ramp, Circle and Deel joined in. The startup has now raised $210 million in total. A…

FBI arrests man accused of using Steam games to drain victims’ crypto wallets

Prosecutors accused 21-year-old student Zyaire Wilkins of publishing on Steam several fake video games that contained malware, infecting thousands of victims, and stealing crypto from some of them.

From Bitcoin trading to financial super apps: what nine years of Binance reveal about crypto exchange evolution
From Bitcoin trading to financial super apps: what nine years of Binance reveal about crypto exchange evolution

Nine years later, Binance serves more than 316 million users across trading, payments, savings, tokenized securities, and traditional asset access. Its evolution from a spot cryptocurrency exchange into an integrated financial platform closely mirrors …

Velocity raises $38M to move business money with stablecoins
Velocity raises $38M to move business money with stablecoins

London fintech Velocity has raised a $38 million Series A to help businesses move money with stablecoins. The Velocity Series A, led by Dragonfly and FirstMark, brings the two-year-old company’s total funding to nearly $50 million. Velocity builds trea…

What makes the best stablecoin payment solution?
What makes the best stablecoin payment solution?

Key Takeaways Stablecoin payments help businesses combine blockchain settlement speed with more predictable value. The best stablecoin payment solution should support acceptance, stablecoin settlement, fiat settlement, reporting, compliance, and payout…

How crypto payment processors can help businesses accept cryptocurrency
How crypto payment processors can help businesses accept cryptocurrency

Businesses looking to modernize their payment systems may want to learn what a crypto payment processor is, how it works, and why it matters. Cryptocurrency and the crypto industry at large often appear most prominently in investing circles, but recent…

Nearly a million investors lost $3.8 billion on the Trump memecoin. Trump made $636 million.
Nearly a million investors lost $3.8 billion on the Trump memecoin. Trump made $636 million.

Nearly a million people who bought President Donald Trump’s $TRUMP memecoin have collectively lost $3.81 billion, according to an analysis by blockchain analytics firm Nansen. The data, which covers all transactions through the end of June, found that …