Galaxy Research Puts Coldcard Wallet Losses Near $130 Million as Fourth Attack Wave Emerges
Confirmed thefts reach 1,596 Bitcoin across three waves, with a suspected fourth pushing potential totals higher while most funds remain unmoved
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Latest updates, press releases, and insights from the volatile world of digital assets.
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Small Bitcoin Transfers Reach Highest Level Since FTX Amid Coldcard Wallet Incident
Daily moves under 1 BTC hit 39,600 as users respond to a suspected hardware wallet breach that has produced estimated losses of more than $88 million
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Coldcard Firmware Flaw Enables $88 Million Bitcoin Drain, Sparking Custody Debate
A long-undetected seed generation bug in Coldcard hardware wallets allowed remote theft of over 1,367 BTC without physical access, prompting industry leaders to question self-custody security
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Samsung Wallet to Add Stablecoin Support in Major Digital Payments Expansion
Samsung Electronics announced plans to integrate stablecoins into its Wallet app during the Galaxy Unpacked event, aiming to unify payments, rewards, and digital assets for Galaxy device users worldwide
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Bitcoin Security Consortium Launched with $15 Million Pledge to Bolster Network Resilience
Nine major institutions, including BlackRock, Coinbase, and Strategy, have formed a coalition to fund Bitcoin developers and research into long-term threats such as quantum computing, committing $15 million over three years while preserving the network's decentralized development model
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Galaxy Digital Commits $5 Million to Bolster Bitcoin Against Quantum Computing Risks
Galaxy Digital has launched a multi-faceted initiative to fund development work aimed at protecting Bitcoin’s cryptographic foundations from potential future quantum threats, as timelines for powerful quantum machines continue to shorten
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Galaxy Digital Secures 15-Year Naming Rights Deal for Texas Tech Stadium
Galaxy Digital has entered a long-term agreement with Texas Tech University to rename its football stadium Galaxy Stadium and serve as the official data center and digital assets partner for athletics programs
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Bitcoin Policy Institute Joins Battle Over 3.7 Million Dormant BTC in New York Court
The Bitcoin Policy Institute has filed to intervene as a defendant in a New York lawsuit seeking legal title to nearly 3.7 million Bitcoin from dormant wallets, including those linked to Satoshi Nakamoto. The case, set for a key hearing on July 14, raises questions about self-custody and property law application to digital assets
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Galaxy Converts Helios Bitcoin Facility Into AI Data Center With 133 MW Delivery
Galaxy Digital has delivered 133 megawatts of critical IT load to CoreWeave at its Helios campus in West Texas, completing the first phase of the site's conversion from Bitcoin mining operations to AI and high-performance computing infrastructure
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CLARITY Act Passage Odds Cut to 50-50 as Senate Schedule Tightens
The probability of the CLARITY Act becoming law in 2026 has fallen to even odds according to Galaxy Research, as limited floor time before the August recess and lack of public progress weigh on the bill's prospects
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