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.
Perspectify News
