Bloomberg Intelligence senior ETF analyst Eric Balchunas said on Aug. 2 that the Coldcard security failure strengthens the case for U.S. spot Bitcoin ETFs, especially for investors who want long-term price exposure without managing private keys. Summary Galaxy traced 1,367.05 BTC across 4,585 addresses, valuing observed Coldcard losses near $88.6 million total. Balchunas argued institutional…
When you spend a lot of time working with PDFs, you very quickly learn to loathe PDFs. While they’re a useful file format for disseminating the final form of a document, they’re exceedingly difficult to make changes on. So, if you’re spending a lot of time going back and forth editing a document, or you…
Key Takeaways Bitgo funded 100 BTC on Aug. 1 to challenge Anthropic’s Claude models. Anthropic found 3 AI evaluation failures across 141,006 cybersecurity runs. Bitgo’s 100 BTC remained untouched as of Aug. 2 while Anthropic stayed silent. Bitgo CEO Pushes Back After Anthropic’s AI Disclosure The challenge began Aug. 1 when Belshe responded directly to…
PayPal processed a record $486.4 billion in payments during the second quarter and created a dedicated crypto division as it expands its digital asset strategy. PayPal has reported $486.4 billion in total payment volume for the second quarter on July 28, up 10% year over year. It also confirmed a reorganization that hands crypto…
