Category: crypto

Annual dividend rate on STRC preferred stock remains at 12% for August, despite shares closing below $100 in July. Company repurchased shares below par and has $975 million remaining for repurchases. Strategy’s $3.75 billion reserve covers 2.1 years of preferred dividends and debt interest payments. Future payments require board approval.

Bitcoin Improvement Proposal 110 has only reached 2.53% support from miners, far below the required 55% threshold to be implemented voluntarily. The proposal aims to restrict Bitcoin transaction data but faces challenges due to lack of support. Mandatory signaling will start at block 961,632, with potential consequences for the network.

Trump Media transferred 2,628 Bitcoin valued at $165 million to Crypto.com on August 2. This movement reduced the wallet balance to 4,261 BTC. Lookonchain estimated realized and unrealized losses of $555 million after seven months of transfers. The transfer is not confirmed as a sale, and it follows the launch of the Truth API service,…

Minnesota’s prediction market ban remains blocked following a court ruling. The ban would have made it a felony for businesses to operate prediction markets. The court’s decision protects federal markets for now, but the dispute is ongoing. Governor Tim Walz issued an executive order to prevent insider trading by state employees.

Bloomberg Intelligence analyst Eric Balchunas believes the recent Coldcard security failure supports the case for U.S. spot Bitcoin ETFs, especially for investors seeking long-term price exposure without managing private keys. The incident led to the loss of $88.6 million in Bitcoin, prompting questions about the security of hardware wallets. ETFs offer institutional custody and reduced…

Ripple Director of Engineering Vijay Khanna advised XRP Ledger node operators to install xrpld version 3.2.1 following a validator manifest flood on July 31. The hotfix limits how nodes process, store, and share data from unknown validator identities. Operators should upgrade, verify xrpld is running, and restart to clear persisted manifests safely.

Dogecoin community contributor Mishaboar advised Coldcard users to move their Bitcoin to wallets controlled by newly generated seed phrases on August 1. 1,367.05 BTC worth $88.6 million was drained from 4,585 addresses across three suspected attacks. Coinkite released firmware updates to protect new seeds but cannot repair seed phrases from vulnerable versions.

The Truth API from Trump Media & Technology Group launched on August 1, providing institutional customers with fast access to posts from influential Truth Social accounts, including those of former President Donald Trump. The service offers continuous coverage and high-speed delivery, sparking concerns about insider trading and market fairness.

Russia is extending its ban on cryptocurrency mining to include Moscow, the Moscow Region, and parts of the Kursk Region starting from August 15, 2026. This ban, outlined in Government Resolution No. 936, will remain in effect until December 31, 2032, due to concerns about grid strain and power capacity.

Galaxy Research increased its estimate of Bitcoin drained from addresses linked to the Coldcard firmware flaw to 1,367.05 BTC, worth about $88.6 million. The funds were drained across 4,585 addresses in three suspected attack waves. Firmware updates fix new seed generation but cannot repair vulnerable seeds created on earlier releases.