Coldcard theft now totals $88.6 million, involving 4,585 addresses.

Coldcard has been hacked, with stolen funds now totaling 1,367.05 BTC, valued at approximately $88.6 million, across 4,585 addresses. Galaxy Research Head Alex Thorn said the attack is ongoing, urging users who have not yet moved their funds to immediately transfer assets from addresses generated by Coldcard. He also called on affected users to voluntarily provide information to help track the stolen funds and report to law enforcement. Thorn noted that the three previously confirmed large-scale attacks exhibit clear procedural characteristics, with similar transaction patterns likely orchestrated automatically; the stolen BTC remains in the attackers’ addresses and has not been moved. However, smaller opportunistic attackers have emerged recently, transferring and laundering funds within hours, with some funds flowing to overseas gambling platforms via cross-chain services like ThorChain. All Coldcard single-sig addresses generated after the March 2021 firmware update may ultimately be compromised, so users should complete migration as soon as possible. The stolen funds had lain dormant for an average of 3.18 years, with a median of 3.55 years, and victims are primarily long-term holders. Thorn said most of the identified stolen assets remain unmoved, and the relevant addresses have been submitted to U.S. law enforcement and industry contacts. He views the incident as a major blow to Bitcoin self-custody, calling on the industry to improve security, education, and risk warnings about the complexities of self-custody.

Roundhill Memory ETF (DRAM) has added CXMT (Changxin Technology) to its holdings, with a weight of 2.52%. This DRAM ETF focuses on memory chip companies. As of August 2, its top three holdings are Samsung Electronics, Micron Technology, and SK Hynix, with respective weights of 26.39%, 24.54%, and 22.77%. Other major holdings include Seagate Technology, Western Digital, SanDisk, Kioxia, Nanya Technology, and GigaDevice Semiconductor.

In response to Trump’s post claiming that a framework agreement has been reached to cancel strikes on Iran, a CNN reporter noted that per reports from CNN and other media outlets, there is no indication that any proposal currently under discussion amounts to "ending Iran’s nuclear threat". Details regarding the Strait of Hormuz remain extremely limited, with sources only indicating the possibility of a potential deal with Oman. (Source: Jinshi)

On-chain analyst Ai Yi (@ai_9684xtpa) has monitored that the insider address of LAB transferred assets to a crypto exchange again after a three-week interval. About 9 hours ago, the address deposited 5.8 million LAB tokens into KuCoin, worth approximately $834,000, with the token price standing at around $0.1439 at the time of transfer. In the subsequent one and a half hours, LAB’s price continued to fall, hitting a low of $0.1273, marking an 11.5% drop. Currently, the entity still holds 74.7 million LAB tokens, valued at roughly $10.11 million.

Renowned crypto trader Doctor Profit announced in a post that he will stick to his original plan to buy Bitcoin in batches when BTC trades between $54,000 and $64,000, allocating 5% of his planned capital per purchase. To date, he has deployed 35% of the cash earmarked for Bitcoin purchases. He will continue accumulating BTC during periods of extreme market panic and remains patient.

Michael Saylor has responded to reports that Strategy plans to authorize the sale of up to $5 billion worth of Bitcoin, calling the news a repackaging of an old announcement. Strategy originally unveiled the relevant authorization on June 29 as part of its capital management framework, Saylor said. The authorization allows the company to sell Bitcoin for pre-defined uses but does not mandate any actual sales, he explained. Strategy has not announced a new sales authorization recently, Saylor added, noting that the firm expects to remain a net buyer of Bitcoin over the long term.