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· Bitcoin

Coldcard Bitcoin loss estimate rises to $70M after Galaxy analysis

Galaxy Research identified 1,196 addresses that lost 1,082.65 Bitcoin in a 41-minute window, expanding the estimated scope of the Coldcard wallet incident.

CN
Cointelegraph.com News · Aug 1, 2026
Top Stories
01
Onchain, in court: What happened in crypto legal news this week
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A case tied to defunct crypto exchange FTX moves forward, a soldier seeks to dismiss over a Polymarket bet and a former congressman was ordered to pay $35,000 for manipulative trading.
MarketsAug 1
02
Minnesota crypto ATM ban goes into effect after reported $1M losses
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State officials reported that Minnesota residents, and largely senior citizens, had lost about $1 million from scams tied to crypto kiosks from 2023 to 2025.
MarketsAug 1
03
Crypto PAC pours another $1M into Michigan House race
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Michigan incumbent Shri Thanedar’s re-election bid against other Democratic candidates is getting more about crypto with an infusion of ads funded by an industry-aligned PAC.
MarketsAug 1
04
Russia expands crypto mining ban to Moscow through 2032
Russia has added Moscow, the Moscow Region and parts of Kursk Region to its cryptocurrency mining ban list, citing power supply concerns behind the restrictions.
MarketsAug 1
05
Coldcard Bitcoin loss estimate rises to $70M after Galaxy analysis
Galaxy Research identified 1,196 addresses that lost 1,082.65 Bitcoin in a 41-minute window, expanding the estimated scope of the Coldcard wallet incident.
BitcoinAug 1
06
Bitcoin ETFs end July in the green despite late-month selling
Spot Bitcoin ETFs attracted $172.4 million in July inflows but remained $5.3 billion negative year to date after heavy withdrawals in May and June.
BitcoinAug 1
07
CZ Warns Bitcoin Holders After $70 Million Wallet Exploit: 'Nothing Is 100%'
Latest
The Binance founder urged holders to spread funds across multiple wallets as Galaxy Research put the toll from the Coldcard exploit at roughly $70 million—nearly double the initial estimate.
BitcoinAug 1
08
The More Americans Know About AI, the Less They Like It: Gallup
Latest
Gallup says Americans are growing more skeptical of artificial intelligence, with rising concerns about job losses, businesses' use of the technology, and the technology’s growing impact.
MarketsAug 1
09
Bank of Italy finds no consistent cost advantage for stablecoin remittances
Researchers found that fiat conversion costs and payment infrastructure, rather than blockchain fees, accounted for most of the differences in stablecoin remittance costs and settlement times.
MarketsJul 31
10
Pump.fun laid off workers before they received millions in PUMP tokens: Report
Pump.fun co-founder Noah Tweedale reportedly attributed the layoffs to the company growing too quickly.
MarketsJul 31
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