We note that Coldcard has issued a Mk3 firmware warning after experts identified a $38 million Bitcoin wallet drain, underscoring ongoing security challenges in large‑scale custodial solutions. We recommend heightened monitoring and multi‑signature safeguards. 🔐
We also see Bhutan’s Gelephu partnering with 3iQ to manage a portion of its sovereign Bitcoin treasury, while US Senators have forwarded revised ethics guidelines for the CLARITY Act to the White House, aiming to tighten compliance across crypto‑related disclosures. This move signals growing institutional confidence in crypto as a reserve asset. 💼
We report that Strategy posted an $8.2 billion Q2 loss, driven by unrealized Bitcoin declines, yet the recent World Cup sparked $20 billion in blockchain prediction‑market volume, highlighting divergent market dynamics. Investors should weigh volatility against emerging use‑case revenue streams. ⚽
$SNXXB , $AXTIB , $KOMA
We also see Bhutan’s Gelephu partnering with 3iQ to manage a portion of its sovereign Bitcoin treasury, while US Senators have forwarded revised ethics guidelines for the CLARITY Act to the White House, aiming to tighten compliance across crypto‑related disclosures. This move signals growing institutional confidence in crypto as a reserve asset. 💼
We report that Strategy posted an $8.2 billion Q2 loss, driven by unrealized Bitcoin declines, yet the recent World Cup sparked $20 billion in blockchain prediction‑market volume, highlighting divergent market dynamics. Investors should weigh volatility against emerging use‑case revenue streams. ⚽
$SNXXB , $AXTIB , $KOMA