Author: James Wilson
Ledger fixed a vulnerability affecting certain clear signing flows in its Ethereum application before another security company disclosed the issue publicly, Chief Technology Officer Charles Guillemet said on Aug. 23. Summary Ledger says its Ethereum app patch fixed vulnerable clear signing flows before public disclosure occurred. TestMachine claims a malicious application could replace transaction data while users reviewed Ledger device screens. Ledger’s chief technology officer Charles Guillemet says updated firmware and applications protect affected users now. No confirmed thefts tied to this specific signing vulnerability had surfaced by August 24, 2026. Ledger’s public repository shows continuing security fixes, but does…
Zondacrypto’s collapse has developed into a criminal and regulatory crisis after the exchange shut down in April 2026, leaving thousands of customers unable to withdraw their assets. Summary Zondacrypto’s website went offline April 23 after users reported withdrawal delays and frozen customer balances. Polish prosecutors estimate losses above 350 million zlotys, while thousands of customers are unable to withdraw. Founder Sylwester Suszek disappeared in March 2022; his successor Przemysław Kral reportedly remains abroad today. Estonia’s FIU reportedly revoked BB Trade Estonia’s operating license on June 29, 2026, after suspension. On-chain analysis found visible hot-wallet bitcoin fell 99.7%, but did not…
South Korean crypto exchange Upbit processed an estimated 1.15 trillion won, or approximately $830 million, during one hour of volatile trading on Aug. 22. Summary Upbit processed an estimated 1.15 trillion won during the volatile hour beginning 05:00 UTC Saturday. Twenty-four-hour Upbit volume reached $3.818 billion, according to data cited by Wu Blockchain during volatility. XRP generated 32.20% of Upbit volume, ahead of TRUMP at 10.93% and Tether at 8.39%. CoinGlass data showed $523 million liquidated within one hour, including $448 million from long positions. Upbit’s volume rebound followed a 273% daily increase to approximately $1.84 billion on August 21.…
Bitcoin traded near $76,600 on Aug. 23 after reaching $79,500 two days earlier, prompting claims that veteran trader Peter Brandt’s 58,000–62,000 forecast was wrong. Summary Brandt forecast Bitcoin would reach 58,000–62,000, and prices entered that range months later during 2026. Bitcoin fell to approximately $57,717 on July 1 before rebounding toward $79,500 by August 21. Brandt abandoned his later bearish outlook after an inverse head-and-shoulders pattern completed, buying the breakout. U.S. spot Bitcoin ETFs drew $1.92 billion across five sessions during the latest weekly rally. Treasury will double long-dated buybacks to at least $4 billion per operation beginning September 9.…
Robert Kiyosaki renewed his call to buy Bitcoin on Aug. 22, arguing that financially educated investors use scarce assets to protect their wealth from inflation and a weakening U.S. dollar. Summary Kiyosaki urged investors to buy Bitcoin, gold, silver, and selected real estate as dollar hedges. Treasury is doubling long-dated buyback limits to at least $4 billion per operation in September. Treasury buybacks manage market liquidity and debt operations; they are not Federal Reserve quantitative easing. Kiyosaki’s $350,000 Bitcoin target for August 2024 did not materialize despite his continuing long-term bullish forecasts. Bitcoin traded near $76,000 following a weekly rally…
Term Labs confirmed on Aug. 23 that a governance exploit had affected its lending vaults. Blockchain security firms estimated that the attacker extracted approximately $8.5 million in cryptocurrency. Summary Term Labs confirmed a governance exploit affected its vaults while investigators assessed the full damage. CertiK estimated losses near $8.5 million, but Term Labs has not publicly confirmed that figure. The identified address held approximately 2,843 ETH and 1.6 million DAI after the attack transactions. PeckShield traced the exploiter’s initial two-ETH funding to Tornado Cash before the vault transactions began. Term Labs has not announced recoveries, reimbursement terms, contract pauses, or…
Onchain investigator ZachXBT said he may automatically reject future requests from crypto victims in seven jurisdictions. Summary ZachXBT said he may automatically reject future victim requests originating from seven named jurisdictions worldwide. Canada, the UK, India, Nigeria, Morocco, Algeria and Bangladesh appeared on his stated list publicly. His planned website would restrict access from jurisdictions he personally characterized as low quality regions. No launch date, website address, eligibility rules or appeal process has been publicly disclosed yet. The proposed restrictions reflect ZachXBT’s personal experiences, not government sanctions, court orders or legislation anywhere. The named jurisdictions were Canada, the UK, India,…
Kalshi has blocked customers in Washington while asking a King County judge to reconsider an injunction restricting its prediction markets. Summary Washington requires Kalshi to block residents from seven event-contract categories under an amended preliminary injunction. Kalshi requested reconsideration after Washington agreed to delay enforcement against federally regulated competitor OG temporarily. September 2 is the scheduled decision date for Kalshi’s reconsideration request without oral argument currently. Michigan and Nevada also restrict Kalshi access while litigation over federal preemption continues nationwide. CFTC Chairman Michael Selig expects new event-contract proposals covering consumer protection and market governance requirements. The Aug. 21 motion argues…
BitMart said on Aug. 21 that it was exploring a restructuring plan involving creditor distributions and the phased restart of selected operations, less than four weeks after announcing a complete wind-down. Summary BitMart appointed White & Case while evaluating creditor distributions and a phased operational restart plan. September 9 is BitMart’s deadline for another update, not a guaranteed restructuring completion date yet. Existing notices still schedule all trading to end August 26 at 01:00 UTC unless revised. BitMart has not published creditor eligibility, payout percentages, reserve data or a court filing publicly. BMX trades near $0.06 after losing roughly 80%…
Michael Saylor renewed his case for Bitcoin on Aug. 23, describing the asset as a mechanism for converting economic value into a digital form that individuals, companies and governments can control. Summary Michael Saylor described Bitcoin as digital economic energy that entities can securely control and preserve. Strategy reported holding 840,447 Bitcoin, representing roughly 4% of Bitcoin’s fixed 21-million maximum supply worldwide. Strategy’s preferred shares are conventional securities, not blockchain tokens collateralized directly by specific Bitcoin holdings. At $77,175 Bitcoin prices, Strategy’s holdings exceeded aggregate acquisition cost by approximately $1.5 billion on Sunday. Strategy held $4.80B cash reserve after raising…