Hack

Hack

Tech

Coldcard exploit could boost demand for regulated bitcoin exposure, analysts say

Cantor sees positive read-through for crypto custody providers, while FRNT says the breach could drive some investors toward bitcoin ETFs.

Person wearing a skeleton mask, with a lifted finger to their mouth. (Max Bender/Unsplash)

Videos

Coinbase missed again, Strategy sells Bitcoin, and is PayPal for sale?

On this episode of CoinDesk's Public Keys from the New York Stock Exchange, Jennifer Sanasie is joined by Clear Street Managing Directors and Senior Analysts Owen Lau and Brian Dobson to break down a heavy week of earnings: Strategy's first quarter selling Bitcoin, Coinbase's third straight quarterly miss and Stripe and Advent's bid for PayPal. Then, after a look at ETF flows and Morgan Stanley's launch of the market's cheapest spot Ethereum and Solana ETFs at 14 basis points. Plus, Grayscale Head of Trading and Capital Markets Krista Lynch unpacks the state of crypto ETF flows and Altius co-founder and CEO Annabelle Huang makes sense of the macro backdrop along with her bear case for Bitcoin to dip to the $40K range. - Learn more at https://www.bullish.com/. - Register now for CoinDesk's Policy and Regulation event on September 24, 2026: https://policy-regulation.coindesk.com/. - To get market moving news delivered daily, download CoinDesk’s mobile app: https://linktr.ee/coindeskapp.

Coinbase Missed Again, Strategy Sells Bitcoin, and Is PayPal for Sale?

Tech

Coldcard wallet losses may near $114 million as possible fourth sweep emerges

The pending transactions signal replace-by-fee, so anyone who spots their address in the mempool has minutes to pay a higher fee and move funds first.

Bitcoin cold-wallet losses may near $114 million as possible fourth sweep emerges. (Coldcard/Coinkite)

Tech

Solana Foundation's new CISO warns AI is making crypto scams more convincing

Michael Coates, the foundation’s new CISO, said that AI vulnerabilities and fake identities will drive the next wave of blockchain security concerns.

Cyber crime (satheeshsankaran/Pixabay, modified by CoinDesk)

Finance

Coldcard's $38 million (so far) exploit shakes faith in self-custody, may push investors to ETFs

A software bug in popular hardware wallet Coldcard that led to the theft to this point of nearly 600 bitcoin worth roughly $38 million is prompting questions about security and whether managing private keys has become too risky for everyday investors.

Coldcard urges users to move bitcoin as active wallet exploit continues. (Coinkite)

Finance

Fake staking site drains $8.5 million in XRP from dozens of investors promising easy yield

Seoul police say the amount of the scam might rise to nearly $20 million. Two alleged scammers were detained and a third remains at-large.

Person wearing a skeleton mask, with a lifted finger to their mouth. (Max Bender/Unsplash)

Policy

Thailand's SEC alleges Bitkub concealed cyberattack that led to $50 million hack

Bitkub was the victim of a cyberattack in May 2021, which led to hacks stealing 1.7 billion baht across 16 different digital assets.

Bangkok, Thailand (Walkerssk/Pixabay)

Tech

Balance stablecoin collapses 99% after $1 million exploit drains its bitcoin vaults

An attacker fed the lending system a fake, abnormally low bitcoin price, liquidated vaults that should have been safe, and pocketed the difference in a single transaction.

Computer coding, hacks. (Mika Baumeister/Unsplash)

Web3

Airbnb CEO says X account was hacked, attacker posted AI-slop on tokenization

Brian Chesky regained control of his account and told any new crypto followers he would be a "disappointing follow".

Airbnb website on a laptop

Finance

Ostium suffers $18 million exploit as oracle attack wave continues to hit DeFi

A hacker used Ostium's own price-reporting infrastructure against the protocol, submitting falsified future-dated oracle data to manufacture fake trading profits and trigger an $18 million payout.

A hooded figure sits typing on a laptop in a darkened (Pixabay)