Weak wallet seeds expose $70 million in bitcoin
thearabianpost.com

Weak wallet seeds expose $70 million in bitcoin

On July 30, an attacker siphoned 1,082.65 bitcoin—about $70 million—from 1,196 addresses in a coordinated sweep lasting less than an hour. The theft spanned six Bitcoin blocks, with transfers grouped in batches and pauses between them, indicating pre‑prepared transactions. Galaxy Research traced the flow beyond the initially reported 594 bitcoin loss, revealing that the stolen coins were consolidated into four destination addresses. The breach did not involve malware, physical access, or seed‑phrase interception; instead, it exploited weak randomness in Coldcard hardware‑wallet [...]
This adorable bitcoin miner is just $50
popsci.com

This adorable bitcoin miner is just $50

A pink BlockChance Bitcoin Ticket Super Miner, priced at $49.99 (half off its $99.99 MSRP), is now available for consumers to mine Bitcoin without a full computer setup. The 2‑inch, 5.3‑ounce device delivers roughly 1 MH/s of hashing power, claims to be 18 times faster than typical ticket miners, and operates continuously via Wi‑Fi with a quiet cooling fan. Users connect a digital wallet to the built‑in 1.54‑inch smart display, allowing the miner to solve blockchain verification problems [...]
FROM BAN TO BLUEPRINT: NIGERIA’S VIRTUAL ASSETS TURN
thisdaylive.com

FROM BAN TO BLUEPRINT: NIGERIA’S VIRTUAL ASSETS TURN

Nigeria has officially transitioned its regulatory stance on virtual assets, moving from a previous ban to a comprehensive legal framework. This significant policy shift establishes clear guidelines for cryptocurrency operations within the country, aiming to integrate digital currencies into the formal financial system. The new blueprint provides necessary oversight mechanisms for exchanges and service providers, ensuring compliance with international standards while fostering innovation. By replacing uncertainty with structured regulation, the government seeks to protect investors and mitigate [...]
Meta Faces Wall Street Pressure as Kaito Bets on Creator Incentives
tekedia.com

Meta Faces Wall Street Pressure as Kaito Bets on Creator Incentives

Meta shares plummeted approximately 9% following a disappointing earnings report that missed Wall Street expectations, reflecting investor intolerance for minor setbacks among major technology firms. The sell-off underscores growing market sensitivity to execution, with concerns rising over slowing advertising revenue, increasing operational costs, and heavy capital spending on artificial intelligence infrastructure. Investors now demand that billions invested in AI and data centers translate into immediate, sustainable financial returns. Simultaneously, the crypto sector saw Kaito launch Katalyst, a [...]
Bitcoin’s Next Big Move Depends on This Long-Term Trend
analyticsinsight.net

Bitcoin’s Next Big Move Depends on This Long-Term Trend

Bitcoin remains on a positive long‑term trend despite recent price volatility, with institutional ETF inflows sustaining market direction. The digital asset trades near $63,702, oscillating between $62,772 and $64,053, while still below key resistance levels that could trigger a breakout. Weekly moving averages confirm an upward trajectory, contrasting with short‑term charts that show buyers and sellers locked in a close battle. Analysts note that institutional demand, driven by large asset managers, provides stable support, though the recovery [...]
Top 10 Firms Helping Businesses Accept Stablecoin Payments In 2026
mpost.io

Top 10 Firms Helping Businesses Accept Stablecoin Payments In 2026

Stablecoins are moving beyond crypto exchanges into mainstream business finance, enabling companies in e‑commerce, logistics, software, and manufacturing to pay suppliers, settle invoices, and collect customer payments in digital dollars. The shift promises settlement times from days to minutes, lower international payment costs, and a 24/7 payment network. New payment‑infrastructure firms simplify adoption, making stablecoin usage as familiar as bank transfers. The article lists the top ten companies poised to support stablecoin transactions in 2026, highlighting Conduit’s [...]
Meta Shutters Two Million Scam Accounts in Two-Year Crackdown
infosecurity-magazine.com

Meta Shutters Two Million Scam Accounts in Two-Year Crackdown

Meta has permanently disabled two million accounts associated with large-scale digital fraud operations originating from South-East Asia and the Middle East. The social media company detailed its two-year enforcement initiative targeting "pig butchering" schemes and other criminal activities linked to scam centers in regions including Myanmar, Cambodia, Laos, and the UAE. Meta stated that it established dedicated teams and systems to identify these dangerous organizations under its safety policies. The company highlighted partnerships to combat scams that [...]
Crypto Firm Pulls the Rug from Under Investors with $10m Scam
infosecurity-magazine.com

Crypto Firm Pulls the Rug from Under Investors with $10m Scam

Arbix Finance, a yield farming platform previously audited by security firm CertiK, executed a rug pull scam, stealing approximately $10 million from investors. CertiK revealed that project developers directed funds to unverified pools before an unknown hacker drained the assets and converted them to Ethereum via AnySwap USDT. The exploited contract contained eight mint functions allowing unlimited token creation, which fell outside the original audit scope. This incident underscores vulnerabilities in decentralized finance, where rug pulls accounted [...]