A Coldcard hardware wallet vulnerability has led to approximately $114 million in Bitcoin theft, marking a significant self-custody security breach. Researchers debate whether stolen funds can be moved undetected, with potential exit routes through mixers and Lightning Network.
BitGo migrated $7.3 billion in Wrapped Bitcoin from LayerZero to Chainlink's Cross-Chain Interoperability Protocol. The shift is part of a broader migration wave that has brought announced LayerZero-to-Chainlink moves to $14.5 billion.
CBOE filed to launch 3x leveraged ETFs for Bitcoin and Ethereum, following significant losses in existing 2x leverage funds. The 2x Ethereum fund ETHU reported a -96.15% average annualized NAV loss through June 30.
The Office of the Comptroller of the Currency granted preliminary conditional approval to World Liberty Trust Co., a bank charter application from Trump-backed DeFi venture World Liberty Financial. The bank would handle issuance and custody of USD1, the project's roughly $4 billion stablecoin.
BNY Mellon selected Galaxy to provide staking infrastructure for its Digital Asset Custody platform, expanding institutional crypto services. The arrangement concentrates staking operations among a small group of approved providers.
Written by CoinArticle's AI Newsroom from cited sources. Not financial advice.
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