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SK Hynix Updates:
• SK Hynix will pay a dividend of 375 won per share.
• The company plans to announce its shareholder-return policy in the third quarter.
• SK Hynix is also considering additional measures to enhance shareholder returns.
$SKHY
• SK Hynix will pay a dividend of 375 won per share.
• The company plans to announce its shareholder-return policy in the third quarter.
• SK Hynix is also considering additional measures to enhance shareholder returns.
$SKHY
🚨 BREAKING: JPMorgan Says Asian Tech Sell-Off Is Third AI-Cycle Correction, Not A Turning Point
• JPMorgan said the recent sharp correction in Asian technology stocks marks the third major drawdown of the AI cycle, rather than a fundamental turning point for the sector.
• Asian markets fell sharply on Thursday, with South Korea's Kospi plunging more than 4%, while SK Hynix and Samsung Electronics led losses following weak U.S. storage-sector earnings.
• The bank argued that investors are overreacting to the 25%–30% correction, stressing that AI fundamentals remain intact and that there are no signs of a slowdown in demand.
• JPMorgan expects hyperscalers to maintain aggressive AI spending through 2027, dismissing fears of an imminent pullback in data-center investment.
• The bank identified semiconductor-equipment makers as the best-positioned segment to benefit from the continued expansion of AI infrastructure.
$SKHY $NVDA
• JPMorgan said the recent sharp correction in Asian technology stocks marks the third major drawdown of the AI cycle, rather than a fundamental turning point for the sector.
• Asian markets fell sharply on Thursday, with South Korea's Kospi plunging more than 4%, while SK Hynix and Samsung Electronics led losses following weak U.S. storage-sector earnings.
• The bank argued that investors are overreacting to the 25%–30% correction, stressing that AI fundamentals remain intact and that there are no signs of a slowdown in demand.
• JPMorgan expects hyperscalers to maintain aggressive AI spending through 2027, dismissing fears of an imminent pullback in data-center investment.
• The bank identified semiconductor-equipment makers as the best-positioned segment to benefit from the continued expansion of AI infrastructure.
$SKHY $NVDA
🚨 BREAKING: NVIDIA Weighs Rubin Ultra Memory Cuts As Alphabet Bond Sale Draws Massive Demand
• The Information reported that NVIDIA is considering reducing the memory capacity of its next-generation Rubin Ultra GPUs to address a shortage of high-bandwidth memory (HBM) chips.
• Sources said NVIDIA has tested at least three Rubin Ultra variants in recent weeks, with some versions carrying less memory than originally planned because of concerns over insufficient supplies of advanced HBM chips.
• Lower memory capacity could hurt performance, although NVIDIA is exploring design changes to offset the impact. AI companies running large models on lower-memory chips may need to deploy more GPUs to handle the same workloads.
• Separately, Alphabet's recent jumbo bond offering attracted around $115 billion in investor orders, roughly four times the marketed maximum size of $25 billion, highlighting strong investor appetite for AI-related debt.
• Demand for Alphabet's offering exceeded subscriptions for recent AI-linked bond deals from Amazon and SpaceX, with the company offering relatively generous concessions to attract buyers after the recent tech sell-off.
• The Information reported that NVIDIA is considering reducing the memory capacity of its next-generation Rubin Ultra GPUs to address a shortage of high-bandwidth memory (HBM) chips.
• Sources said NVIDIA has tested at least three Rubin Ultra variants in recent weeks, with some versions carrying less memory than originally planned because of concerns over insufficient supplies of advanced HBM chips.
• Lower memory capacity could hurt performance, although NVIDIA is exploring design changes to offset the impact. AI companies running large models on lower-memory chips may need to deploy more GPUs to handle the same workloads.
• Separately, Alphabet's recent jumbo bond offering attracted around $115 billion in investor orders, roughly four times the marketed maximum size of $25 billion, highlighting strong investor appetite for AI-related debt.
• Demand for Alphabet's offering exceeded subscriptions for recent AI-linked bond deals from Amazon and SpaceX, with the company offering relatively generous concessions to attract buyers after the recent tech sell-off.
🚨 BREAKING: KOSPI Plunges 4.58% As Foreign Selling Hits Tech Stocks
• South Korea's KOSPI plunged 301.88 points, or 4.58%, to 6,296.38, tracking overnight weakness in U.S. technology stocks and heavy selling by foreign and institutional investors.
• Foreign investors were net sellers of 3.98 trillion won from the market open, while institutions sold a further 235.7 billion won.
• Retail investors bought a net 4.11 trillion won, partially offsetting the outflows but failing to prevent the sharp decline.
• Semiconductor stocks led the selloff, with Samsung Electronics tumbling 6.30% and SK Hynix plunging 10.37%.
• Secondary-battery shares outperformed the broader market, with LG Energy Solution rising 2.83% to 345,000 won and POSCO Holdings gaining 0.63% to 319,000 won.
$SKHY $KORU
• South Korea's KOSPI plunged 301.88 points, or 4.58%, to 6,296.38, tracking overnight weakness in U.S. technology stocks and heavy selling by foreign and institutional investors.
• Foreign investors were net sellers of 3.98 trillion won from the market open, while institutions sold a further 235.7 billion won.
• Retail investors bought a net 4.11 trillion won, partially offsetting the outflows but failing to prevent the sharp decline.
• Semiconductor stocks led the selloff, with Samsung Electronics tumbling 6.30% and SK Hynix plunging 10.37%.
• Secondary-battery shares outperformed the broader market, with LG Energy Solution rising 2.83% to 345,000 won and POSCO Holdings gaining 0.63% to 319,000 won.
$SKHY $KORU
Japan's Nikkei 225 fell 617.18 points, or 0.93%, to close at 65,683.26 on August 6, with Kioxia plunging more than 9%.
South Korea's KOSPI tumbled 302.82 points, or 4.59%, to 6,295.44, while the KOSDAQ edged up 0.26%. Among major tech stocks, SK Hynix dropped 10.3% and Samsung Electronics declined 6.3%.
South Korea's KOSPI tumbled 302.82 points, or 4.59%, to 6,295.44, while the KOSDAQ edged up 0.26%. Among major tech stocks, SK Hynix dropped 10.3% and Samsung Electronics declined 6.3%.
🚨 BREAKING: JPMorgan Warns Hedge Funds May Cut Tech Exposure After July Rout
• JPMorgan warned that hedge funds' capacity to hold technology stocks may be structurally reduced after July's semiconductor sell-off triggered widespread liquidations across the sector.
• Tech-focused hedge funds lost more than 10% in July, excluding Situational Awareness, which suffered a 67% drawdown, while Asia-focused stock pickers recorded their worst month on record, according to Goldman Sachs.
• JPMorgan strategist Nikolaos Panigirtzoglou said the recent losses could permanently reduce hedge funds' ability to hold volatile semiconductor stocks as prime brokers cut balance-sheet allocations.
• The bank warned that the technology trade could increasingly depend on retail investors, potentially leading to greater market volatility and sharper price swings.
• The latest sell-off has raised concerns that institutional appetite for high-growth chip stocks may remain subdued even if the sector rebounds.
$SKHY $NVDA
• JPMorgan warned that hedge funds' capacity to hold technology stocks may be structurally reduced after July's semiconductor sell-off triggered widespread liquidations across the sector.
• Tech-focused hedge funds lost more than 10% in July, excluding Situational Awareness, which suffered a 67% drawdown, while Asia-focused stock pickers recorded their worst month on record, according to Goldman Sachs.
• JPMorgan strategist Nikolaos Panigirtzoglou said the recent losses could permanently reduce hedge funds' ability to hold volatile semiconductor stocks as prime brokers cut balance-sheet allocations.
• The bank warned that the technology trade could increasingly depend on retail investors, potentially leading to greater market volatility and sharper price swings.
• The latest sell-off has raised concerns that institutional appetite for high-growth chip stocks may remain subdued even if the sector rebounds.
$SKHY $NVDA
🚨 BREAKING: NVIDIA Expands 6G Push, Seeks Chinese Partners For AI Base Stations
• NVIDIA is urgently seeking Chinese partners to develop 6G AI-RAN base stations that combine telecom connectivity with on-site AI computing, accelerating its expansion into the global telecom operator market.
• The company is looking for Chinese base-station manufacturers capable of building 6G equipment that meets overseas market requirements.
• Shenzhen Jiaxian Communications has emerged as a confirmed partner, with sources saying NVIDIA began working with the company in 2025 and that the collaboration has already lasted more than six months.
• The project is currently in the technical research and development stage and relies heavily on NVIDIA's CUDA ecosystem to integrate AI capabilities into telecom infrastructure.
• Sources said the two sides are discussing the creation of a commercial joint venture for overseas expansion, while NVIDIA plans to begin deploying edge-computing networks over the next two years.
$NVDAB
• NVIDIA is urgently seeking Chinese partners to develop 6G AI-RAN base stations that combine telecom connectivity with on-site AI computing, accelerating its expansion into the global telecom operator market.
• The company is looking for Chinese base-station manufacturers capable of building 6G equipment that meets overseas market requirements.
• Shenzhen Jiaxian Communications has emerged as a confirmed partner, with sources saying NVIDIA began working with the company in 2025 and that the collaboration has already lasted more than six months.
• The project is currently in the technical research and development stage and relies heavily on NVIDIA's CUDA ecosystem to integrate AI capabilities into telecom infrastructure.
• Sources said the two sides are discussing the creation of a commercial joint venture for overseas expansion, while NVIDIA plans to begin deploying edge-computing networks over the next two years.
$NVDAB
🚨 BREAKING: Goldman Sachs Says Selloff in Samsung, SK Hynix Is Overdone
• Samsung Electronics and SK Hynix shares have fallen about 23% and 35%, respectively, over the past month amid concerns over weaker HBM pricing, NAND oversupply and rising competition.
• Goldman Sachs said the selloff is excessive, citing low inventories, persistent supply tightness, long-term contracts and shareholder-return support, while reiterating Buy ratings on both companies.
• The stocks are now trading at just 3.5–3.6x 2027 P/E and 1.4–1.6x P/B, reflecting sharply lower valuations.
• Goldman expects 2027 HBM average selling prices to rise about 87% for Samsung and 100% for SK Hynix to around $2.9 per GB, with its SK Hynix forecast roughly 24% above consensus.
• The bank warned that HBM supply expansion remains constrained by node upgrades, higher stacking requirements and tougher yield ramps, potentially leading to an even larger supply shortfall next year.
$KORUB $SKHY
#SKHynixClimbsOnBuybackBet
• Samsung Electronics and SK Hynix shares have fallen about 23% and 35%, respectively, over the past month amid concerns over weaker HBM pricing, NAND oversupply and rising competition.
• Goldman Sachs said the selloff is excessive, citing low inventories, persistent supply tightness, long-term contracts and shareholder-return support, while reiterating Buy ratings on both companies.
• The stocks are now trading at just 3.5–3.6x 2027 P/E and 1.4–1.6x P/B, reflecting sharply lower valuations.
• Goldman expects 2027 HBM average selling prices to rise about 87% for Samsung and 100% for SK Hynix to around $2.9 per GB, with its SK Hynix forecast roughly 24% above consensus.
• The bank warned that HBM supply expansion remains constrained by node upgrades, higher stacking requirements and tougher yield ramps, potentially leading to an even larger supply shortfall next year.
$KORUB $SKHY
#SKHynixClimbsOnBuybackBet
🚨 BREAKING: Oil Majors Post Massive Q2 Profit Surge
• ExxonMobil reported Q2 net income of $14.5 billion and adjusted earnings of $14.7 billion, marking its strongest quarterly profit in four years.
• Chevron posted $12.0 billion in net income, its best quarterly performance in six years, while Shell earned $10.8 billion, more than doubling from a year earlier.
• BP reported $3.91 billion in net income, up 141% YoY, while TotalEnergies posted $5.4 billion, up 67% YoY and its strongest quarter in three years.
• Saudi Aramco reported Q2 net income of $32.69 billion, up 44% year-on-year, benefiting from higher oil prices.
• The earnings surge comes amid elevated energy prices and supply disruptions linked to tensions in the Middle East.
#SCCrudeDrops6.01%
• ExxonMobil reported Q2 net income of $14.5 billion and adjusted earnings of $14.7 billion, marking its strongest quarterly profit in four years.
• Chevron posted $12.0 billion in net income, its best quarterly performance in six years, while Shell earned $10.8 billion, more than doubling from a year earlier.
• BP reported $3.91 billion in net income, up 141% YoY, while TotalEnergies posted $5.4 billion, up 67% YoY and its strongest quarter in three years.
• Saudi Aramco reported Q2 net income of $32.69 billion, up 44% year-on-year, benefiting from higher oil prices.
• The earnings surge comes amid elevated energy prices and supply disruptions linked to tensions in the Middle East.
#SCCrudeDrops6.01%
🚨 BREAKING: SK Hynix Jumps on Buyback Speculation and Chip Rally
• SK Hynix shares surged as much as 7.9% in Seoul on Wednesday, outperforming Samsung Electronics, which gained around 6%, after a rally in U.S. semiconductor stocks.
• Investors are speculating that SK Hynix, a key supplier of high-bandwidth memory (HBM) chips for NVIDIA, could soon announce shareholder-return measures.
• Market attention is focused on the expiration of a 25-trading-day quiet period following the company's ADR issuance, which ended on August 4 and may clear the way for new announcements.
• Independent analyst Douglas Kim said SK Hynix could unveil a major shareholder-return package, potentially including share buybacks, share cancellations and a special dividend.
• Brokerages, including William Blair, initiated coverage of SK Hynix's ADRs overnight with Buy ratings.
$SKHY $NVDA
• SK Hynix shares surged as much as 7.9% in Seoul on Wednesday, outperforming Samsung Electronics, which gained around 6%, after a rally in U.S. semiconductor stocks.
• Investors are speculating that SK Hynix, a key supplier of high-bandwidth memory (HBM) chips for NVIDIA, could soon announce shareholder-return measures.
• Market attention is focused on the expiration of a 25-trading-day quiet period following the company's ADR issuance, which ended on August 4 and may clear the way for new announcements.
• Independent analyst Douglas Kim said SK Hynix could unveil a major shareholder-return package, potentially including share buybacks, share cancellations and a special dividend.
• Brokerages, including William Blair, initiated coverage of SK Hynix's ADRs overnight with Buy ratings.
$SKHY $NVDA
🚨 BREAKING: Retail Investors Exit South Korean Market as Volatility Surges
• The Korea Exchange (KRX) said retail investors are rapidly pulling out of the market as heightened volatility weakens investor sentiment.
• Retail investors' share of KOSPI turnover fell to 31.2–31.5% in July, down from 48.1% in January, marking a decline of roughly 16–17 percentage points in just six months.
• Since June, retail investors have no longer been the dominant force in the market, with foreign investors accounting for around 38–39% of KOSPI turnover in July, overtaking individuals.
• KRX said even small market rebounds are triggering selling as retail investors attempt to recover losses, accelerating capital outflows from domestic equities.
• Analysts said the KOSPI's heavy concentration in Samsung Electronics and SK Hynix is a major reason behind the retail exodus.
• The Korea Exchange (KRX) said retail investors are rapidly pulling out of the market as heightened volatility weakens investor sentiment.
• Retail investors' share of KOSPI turnover fell to 31.2–31.5% in July, down from 48.1% in January, marking a decline of roughly 16–17 percentage points in just six months.
• Since June, retail investors have no longer been the dominant force in the market, with foreign investors accounting for around 38–39% of KOSPI turnover in July, overtaking individuals.
• KRX said even small market rebounds are triggering selling as retail investors attempt to recover losses, accelerating capital outflows from domestic equities.
• Analysts said the KOSPI's heavy concentration in Samsung Electronics and SK Hynix is a major reason behind the retail exodus.
🚨 BREAKING: Moody's Upgrades SK Hynix to A3 on AI Memory Strength
• Moody's upgraded SK Hynix's long-term issuer and senior unsecured ratings to A3 from Baa1, while maintaining a stable outlook.
• The agency cited SK Hynix's stronger competitiveness in the AI memory market, along with significant improvements in profitability and cash generation.
• This marks the first time since joining SK Group in 2012 that SK Hynix has received an A-range rating from Moody's. Meanwhile, S&P and Fitch continue to rate the company at BBB+, with positive and stable outlooks, respectively.
• Moody's expects SK Hynix to maintain strong profitability and cash generation over the next 12–18 months, adding that its substantial cash reserves have improved resilience against any downturn in the semiconductor cycle.
• Moody's upgraded SK Hynix's long-term issuer and senior unsecured ratings to A3 from Baa1, while maintaining a stable outlook.
• The agency cited SK Hynix's stronger competitiveness in the AI memory market, along with significant improvements in profitability and cash generation.
• This marks the first time since joining SK Group in 2012 that SK Hynix has received an A-range rating from Moody's. Meanwhile, S&P and Fitch continue to rate the company at BBB+, with positive and stable outlooks, respectively.
• Moody's expects SK Hynix to maintain strong profitability and cash generation over the next 12–18 months, adding that its substantial cash reserves have improved resilience against any downturn in the semiconductor cycle.
🚨 BREAKING: Telegram Disappears From Apple's App Store Search
• Telegram can no longer be found through the Apple App Store's search function, while the company and CEO Pavel Durov have not yet commented on the issue.
• This is not the first such incident. In 2018, Apple temporarily removed Telegram and Telegram X over concerns related to inappropriate content before restoring the apps after additional safeguards were introduced.
• Digital assets linked to Telegram also came under pressure, with GRAM (formerly TON) trading at $1.34 as of 7:08 a.m. (IST), down 5.8% from a day earlier, according to CoinMarketCap.
• The reason behind Telegram's disappearance from App Store search results remains unclear.
$GRAM
• Telegram can no longer be found through the Apple App Store's search function, while the company and CEO Pavel Durov have not yet commented on the issue.
• This is not the first such incident. In 2018, Apple temporarily removed Telegram and Telegram X over concerns related to inappropriate content before restoring the apps after additional safeguards were introduced.
• Digital assets linked to Telegram also came under pressure, with GRAM (formerly TON) trading at $1.34 as of 7:08 a.m. (IST), down 5.8% from a day earlier, according to CoinMarketCap.
• The reason behind Telegram's disappearance from App Store search results remains unclear.
$GRAM
🚨 BofA Sees Big Tech AI Spending Surging to $1.2 Trillion by 2027
• Bank of America expects combined capital spending by Google, Microsoft, Amazon and Meta to exceed $860 billion in 2026—up about 80% year-on-year—and reach $1.2 trillion in 2027.
• The spending boom is supported by more than $2.3 trillion in customer contracts and order backlogs, which rose about 16% quarter-on-quarter, improving demand visibility.
• Despite AI and cloud revenue growth of roughly 80–100%+, rising investment is expected to pressure free cash flow, with industry FCF margins projected to fall to -1% in 2026 and -5% to -6% in 2027–28.
• The five hyperscalers have raised about $270 billion this year, mainly through long-term debt and equity, while key beneficiaries include AI chips, storage, semiconductor equipment, power semiconductors and optical communications.
• Bank of America expects combined capital spending by Google, Microsoft, Amazon and Meta to exceed $860 billion in 2026—up about 80% year-on-year—and reach $1.2 trillion in 2027.
• The spending boom is supported by more than $2.3 trillion in customer contracts and order backlogs, which rose about 16% quarter-on-quarter, improving demand visibility.
• Despite AI and cloud revenue growth of roughly 80–100%+, rising investment is expected to pressure free cash flow, with industry FCF margins projected to fall to -1% in 2026 and -5% to -6% in 2027–28.
• The five hyperscalers have raised about $270 billion this year, mainly through long-term debt and equity, while key beneficiaries include AI chips, storage, semiconductor equipment, power semiconductors and optical communications.
🚨 STABLECOINS ARE SHRINKING AS MONEY FLEES
• Supply fell from $322B to $307.6B since May
• USDT and USDC saw major outflows
• Capital shifted into tokenized Treasuries
• Stablecoin volume still hit a record $1.79T
📈 Crypto volatility could rise.
⚠️ Are stablecoins losing their dominance?
• Supply fell from $322B to $307.6B since May
• USDT and USDC saw major outflows
• Capital shifted into tokenized Treasuries
• Stablecoin volume still hit a record $1.79T
📈 Crypto volatility could rise.
⚠️ Are stablecoins losing their dominance?
🚨 BREAKING: Japan and U.S. Reportedly Coordinated Yen Intervention
• Japan is expected to announce on Monday that it coordinated with the United States to intervene in currency markets after the yen fell to a 40-year low, according to Reuters.
• The joint yen-buying operation follows an estimated $59 billion in intervention spending by Japanese authorities.
• The move is aimed at stabilizing the yen and preventing broader disruptions in financial markets.
• The intervention would also signal close coordination between Tokyo and Washington as policymakers seek to curb excessive currency volatility.
• Japan is expected to announce on Monday that it coordinated with the United States to intervene in currency markets after the yen fell to a 40-year low, according to Reuters.
• The joint yen-buying operation follows an estimated $59 billion in intervention spending by Japanese authorities.
• The move is aimed at stabilizing the yen and preventing broader disruptions in financial markets.
• The intervention would also signal close coordination between Tokyo and Washington as policymakers seek to curb excessive currency volatility.
Verified
🚨 BREAKING: South Korean Retail Investors Lose Faith After KOSPI Crash
• South Korea's KOSPI plunged 22% in July, marking its biggest monthly decline since the global financial crisis, despite an 18% rebound on Friday.
• Retail investors, known for aggressive risk-taking, recorded their largest-ever net sales of KOSPI stocks as losses mounted.
• Encouraged by market reforms and leveraged ETFs, retail investors poured about 78 trillion won ($54.2 billion) into Korean equities during May and June, leaving many heavily exposed to July's volatility.
• Social media has been flooded with criticism of the government, with some investors saying the best rule for the KOSPI is "don't invest" and vowing to exit the market.
$SKHY $KORU
• South Korea's KOSPI plunged 22% in July, marking its biggest monthly decline since the global financial crisis, despite an 18% rebound on Friday.
• Retail investors, known for aggressive risk-taking, recorded their largest-ever net sales of KOSPI stocks as losses mounted.
• Encouraged by market reforms and leveraged ETFs, retail investors poured about 78 trillion won ($54.2 billion) into Korean equities during May and June, leaving many heavily exposed to July's volatility.
• Social media has been flooded with criticism of the government, with some investors saying the best rule for the KOSPI is "don't invest" and vowing to exit the market.
$SKHY $KORU
🚨 BREAKING: Trump Media Launches Paid 'Truth API' Service
• Trump Media has officially launched Truth API, a subscription service that provides businesses with real-time access to posts on Truth Social, including those from President Donald Trump.
• The service offers firms "a direct, licensed, real-time feed of the platform's most market-moving Truths," according to interim CEO Kevin McGurn.
• The product reportedly costs up to $100,000 per month and is aimed at trading firms and other institutional subscribers seeking faster access to posts.
• Critics have raised concerns about potential conflicts of interest because Trump is both the platform's most influential user and the largest shareholder of its parent company.
• Trump's @realDonaldTrump account has roughly 13 million followers and is frequently used to announce major policy decisions.
Should a sitting president be able to monetize early access to social-media posts that can move markets?
• Trump Media has officially launched Truth API, a subscription service that provides businesses with real-time access to posts on Truth Social, including those from President Donald Trump.
• The service offers firms "a direct, licensed, real-time feed of the platform's most market-moving Truths," according to interim CEO Kevin McGurn.
• The product reportedly costs up to $100,000 per month and is aimed at trading firms and other institutional subscribers seeking faster access to posts.
• Critics have raised concerns about potential conflicts of interest because Trump is both the platform's most influential user and the largest shareholder of its parent company.
• Trump's @realDonaldTrump account has roughly 13 million followers and is frequently used to announce major policy decisions.
Should a sitting president be able to monetize early access to social-media posts that can move markets?
🚨 CZ Warns Users After $70 Million Bitcoin Theft
• Binance founder Changpeng Zhao (CZ) urged crypto holders to spread funds across multiple wallets after a Coldcard firmware flaw enabled the theft of roughly $70 million in Bitcoin.
• The July 30 attack exploited weak key generation in Coldcard firmware, allowing hackers to drain 1,196 Bitcoin addresses, many of which had been dormant for years, according to Galaxy Digital.
• Coldcard maker Coinkite acknowledged that all wallet models were vulnerable and released emergency firmware updates.
• The flaw, which reportedly dates back to 2021, allowed attackers to reconstruct private keys and empty more than 1,000 wallets in about 40 minutes. Users have been advised to generate entirely new seed phrases.
• Binance founder Changpeng Zhao (CZ) urged crypto holders to spread funds across multiple wallets after a Coldcard firmware flaw enabled the theft of roughly $70 million in Bitcoin.
• The July 30 attack exploited weak key generation in Coldcard firmware, allowing hackers to drain 1,196 Bitcoin addresses, many of which had been dormant for years, according to Galaxy Digital.
• Coldcard maker Coinkite acknowledged that all wallet models were vulnerable and released emergency firmware updates.
• The flaw, which reportedly dates back to 2021, allowed attackers to reconstruct private keys and empty more than 1,000 wallets in about 40 minutes. Users have been advised to generate entirely new seed phrases.
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