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Bitcoin

Trump-backed American Bitcoin (ABTC) executive Matt Prusak joins Giga Energy

Trump-backed American Bitcoin (ABTC) executive Matt Prusak joins Giga Energy

15 hours ago by Crypto InsightsCrypto

Matt Prusak, president and interim chief financial officer of Trump-linked bitcoin miner American Bitcoin (ABTC), is leaving the company to join AI and energy infrastructure developer Giga Energy, marking another senior executive move toward the power sector that is increasingly underpinning both bitcoin BTC$62,561.89 mining… Read More

Bitcoin slips under $63,000 despite Iran deal hopes as Coldcard losses rattle market

Bitcoin slips under $63,000 despite Iran deal hopes as Coldcard losses rattle market

1 day ago by Crypto InsightsCrypto

Treasuries rallied across the curve as the oil move eased inflation worries, taking the 10-year yield down four basis points to 4.69% after it hit its highest since January 2025 last week. Nasdaq 100 futures and European share futures both gained 0.8%. Gold added 0.3%… Read More

A Coldcard firmware flaw let hackers drain $70 million in Bitcoin in 41 minutes, with losses now topping $88 million

A Coldcard firmware flaw let hackers drain $70 million in Bitcoin in 41 minutes, with losses now topping $88 million

2 days ago by Crypto InsightsComputer Tips

Why it matters: A hardware wallet is supposed to solve one problem: keep your Bitcoin keys somewhere no attacker can reach them. This week showed what happens when the flaw sits inside the wallet itself. A firmware bug that’s been shipping in Coldcard devices since… Read More

Bitcoin cold-wallet attack spreads to 4,500 addresses as losses near $89 million

Bitcoin cold-wallet attack spreads to 4,500 addresses as losses near $89 million

2 days ago by Crypto InsightsCrypto

The attacker working through Coldcard-generated keys is now emptying wallets worth a few thousand dollars each. Galaxy Research flagged a third wave of sweeps early Sunday, roughly 208 bitcoin drained from 1,912 addresses between Friday midday and Saturday morning UTC. That is just over a… Read More

Bitcoin (BTC) price’s July gain survives hawkish Fed, AI meltdown and Coldcard fallout

Bitcoin (BTC) price’s July gain survives hawkish Fed, AI meltdown and Coldcard fallout

4 days ago by Crypto InsightsCrypto

Since then, average daily liquidations have remained well below this year’s typical $400 million-$500 million range, suggesting there has been little forced selling despite the macro shock, according to Bitfinex. “Crypto fell less than levered equity themes because the forced-selling fuel was already spent,” the… Read More

Bitcoin steady as Japan holds rates at 1%, keeping the yen carry trade alive

Bitcoin steady as Japan holds rates at 1%, keeping the yen carry trade alive

4 days ago by Crypto InsightsCrypto

Bitcoin traded near $63,900 on Friday, roughly flat, as the Bank of Japan left its benchmark rate at 1% and Governor Kazuo Ueda’s attempt to sound hawkish landed softly with markets. The yen gave back its move during his press conference, and the dollar-yen pair… Read More

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