AGP Executive Report
Last update: 12 hours agoColdcard Fallout: Galaxy Research says the Coldcard hardware-wallet theft is still unfolding, tracking ~1,367 BTC (~$88.6M) drained from 4,585 addresses, with a likely fourth coordinated wave and new victim/attacker addresses still being added—users are urged to move funds immediately. Coldcard vs. Custody Reality: Kraken’s security chief calls the incident a “wake-up call” for independent hardware-wallet testing, arguing consumers can’t just trust the manufacturer’s randomness path. Exchange Scrutiny: Galaxy Digital’s Alex Thorn accuses Duel Casino of refusing to freeze ~230 ETH tied to the Coldcard exploit without law-enforcement confirmation, sparking a blame-and-process fight. Regulatory Clock: The SEC kept Nasdaq Bitcoin index options on hold while reviewing CME’s jurisdiction challenge, with written comments due Aug. 24. Crypto Scams Get Smarter: Solana Foundation’s CISO warns AI is making scams more convincing via phishing, impersonation, and voice deepfakes. Enforcement Abroad: Russian police raided Moscow crypto exchange offices over a ~$2M theft scheme; UAE FIU reportedly froze assets tied to Desi Bling star Satish Sanpal. Stablecoin Drift: South Korea’s stablecoin outflows hit ~$367M in June, extending 18 straight months of net outflows. Market Watch: Prediction markets hit a record ~$50.6B July volume. Binance Cleanup: Binance will delist six tokens on Aug. 17 after its asset review.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.