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	<description>Latest headlines from CryptoCrunchApp.</description>
	  <lastBuildDate>Fri, 31 Jul 2026 19:17:03 +0000</lastBuildDate>
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					<title>Clarity Act Should Pass, Says Coinbase&#8217;s Policy Officer</title>
					<link>https://cryptocrunchapp.com/bitcoinmagazine/clarity-act-should-pass-says-coinbases-policy-officer/</link>
					<guid isPermaLink="false">https://cryptocrunchapp.com/?p=39340</guid>
					<dc:creator>BitcoinMagazine</dc:creator>
										  <description>
					  <![CDATA[ The Clarity Act will likely get through despite some — older — Democrats holding it back, according to Coinbase’s Chief Policy Officer, Faryar Shirzad. 
Speaking on The Hill’s morning Rising show Friday, Shirzad said that crypto was “maybe the most bipartisan issue in Washington.” 
JUST IN: &#x1f1fa;&#x1f1f8; Coinbase Chief Policy Officer talks CLARITY ACT progress on The Hill:
&#8220;&#8221;We&#8217;ve got ethics nailed down, we&#8217;ve got nominations nailed down, we&#8217;ve got a bipartisan bill on the substance, we should be good to go&#8221; &#x1f44f; pic.twitter.com/gMKuM7ujYs
— Bitcoin Magazine (@BitcoinMagazine) July 31, 2026
He added that while some lawmakers were holding back the long-awaited&#8230;
 Read more on BitcoinMagazine ]]>
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					<pubDate>Fri, 31 Jul 2026 19:17:03 +0000</pubDate>
								 
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					 Clarity Act Should Pass, Says Coinbase&#8217;s Policy Officer 
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					<title>Coinkite Releases Fixed Firmware After Coldcard Bug; AI Likely Involved In The Breach</title>
					<link>https://cryptocrunchapp.com/bitcoinmagazine/coinkite-releases-fixed-firmware-after-coldcard-bug-ai-likely-involved-in-the-breach/</link>
					<guid isPermaLink="false">https://cryptocrunchapp.com/?p=39337</guid>
					<dc:creator>BitcoinMagazine</dc:creator>
										  <description>
					  <![CDATA[ Over a thousand bitcoins are believed to have been stolen so far in a hack that started to be discussed on social media in the afternoon of July 30th. Coinkite, one of the most reputable hardware wallet manufacturers, was revealed to have a critical bug in the way it generated secure private keys for its Bitcoin hardware wallets. Industry experts believe AI was used in the breach.
Coldcard MK3 devices with firmware version 4.0.1 (March 2021) through 4.1.9 are the worst affected. 12- or 24-word seeds generated by the device that did not include user-generated dice rolls or a BIP 39 extra passphrase are vulnerable. 
Users who fit this category, who have bitcoins in an MK3&#8230;
 Read more on BitcoinMagazine ]]>
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					<pubDate>Fri, 31 Jul 2026 17:58:19 +0000</pubDate>
								 
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					 Coinkite Releases Fixed Firmware After Coldcard Bug; AI Likely Involved In The Breach 
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					<title>US Closes In Of Iran&#8217;s Bitcoin Insurance Policy</title>
					<link>https://cryptocrunchapp.com/bitcoinmagazine/us-closes-in-of-irans-bitcoin-insurance-policy/</link>
					<guid isPermaLink="false">https://cryptocrunchapp.com/?p=39334</guid>
					<dc:creator>BitcoinMagazine</dc:creator>
										  <description>
					  <![CDATA[ Iran has been dodging sanctions by accepting pay in Bitcoin from ships passing through the Strait of Hormuz, according to a Friday announcement from the U.S. Treasury’s Office of Foreign Assets Control.
The OFAC sanctioned the companies tied to the Iranian regime accused of doing so. Ships have barely been passing through the strategic Strait of Hormuz, where a fifth of the world’s oil passes through, since the U.S. and Israel attacked Iran in February. 
In the statement, OFAC said that Hormuz Safe, developed by Iran’s Ministry of Economy, “accepts payment in Bitcoin and other digital assets” so it can bypass sanctions. 
“With its economy in freefall and&#8230;
 Read more on BitcoinMagazine ]]>
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					<pubDate>Fri, 31 Jul 2026 16:27:11 +0000</pubDate>
								 
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					 US Closes In Of Iran&#8217;s Bitcoin Insurance Policy 
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					<title>Coldcard Wallet Flaw Exposes Years Of Bitcoin Seeds After $70M In BTC Stolen</title>
					<link>https://cryptocrunchapp.com/bitcoinmagazine/coldcard-wallet-flaw-exposes-years-of-bitcoin-seeds-after-70m-in-btc-stolen/</link>
					<guid isPermaLink="false">https://cryptocrunchapp.com/?p=39331</guid>
					<dc:creator>BitcoinMagazine</dc:creator>
										  <description>
					  <![CDATA[ The popular Bitcoin hardware wallet Coldcard product, made by Coinkite, is at risk following a $70 million hack.
Coinkite on Thursday admitted that its Coldcard Mk3 model was affected following the hack and advised users to move their funds. Then, on Friday, the company said that users of the later hardware devices Mk4, Mk5, and Q should also take precautions. 
Hackers on Thursday were first able to drain funds from 1,196 Bitcoin addresses because their private keys were not generated using sufficient entropy — or randomness. 
Since then, a total of 1,082.65 Bitcoins have disappeared from wallets, according to data from Galaxy Research and engineers at payments company Block.  ]]>
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					<pubDate>Fri, 31 Jul 2026 15:35:01 +0000</pubDate>
								 
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					 Coldcard Wallet Flaw Exposes Years Of Bitcoin Seeds After $70M In BTC Stolen 
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					<title>COLDCARD SECURITY RISK: IMMEDIATE ACTION REQUIRED</title>
					<link>https://cryptocrunchapp.com/bitcoinmagazine/coldcard-security-risk-immediate-action-required/</link>
					<guid isPermaLink="false">https://cryptocrunchapp.com/?p=39328</guid>
					<dc:creator>BitcoinMagazine</dc:creator>
										  <description>
					  <![CDATA[ First, yes, that is a very clickbait title and completely unusual. This is a real security issue. Here is the official announcement from Coinkite themselves posted yesterday, please read and verify the genuineness of the issue there.
TLDR: Coldcard MK3, MK4, MK5 and Q are being drained. A bug lets attackers find your seed phrase without any action on your part. Only wallets generated using the dice roll method are safe, assuming you rolled at least 50 dice. If you don’t know, don’t remember, or aren’t sure, move your funds immediately.
This is a critical issue that requires immediate action. If you used a Coldcard to generate a word seed and did NOT use the recommended 50+&#8230;
 Read more on BitcoinMagazine ]]>
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					<pubDate>Fri, 31 Jul 2026 15:24:13 +0000</pubDate>
								 
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					 COLDCARD SECURITY RISK: IMMEDIATE ACTION REQUIRED 
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					<title>&#8216;Bitcoin Senator&#8217; Blasts Democrats For Stalling Clarity Act</title>
					<link>https://cryptocrunchapp.com/bitcoinmagazine/bitcoin-senator-blasts-democrats-for-stalling-clarity-act/</link>
					<guid isPermaLink="false">https://cryptocrunchapp.com/?p=39325</guid>
					<dc:creator>BitcoinMagazine</dc:creator>
										  <description>
					  <![CDATA[ Republican Senator Cynthia Lummis has again attacked the Democrats for holding back the long-awaited crypto Clarity Act. 
Speaking on the Crypto in America podcast Thursday, Lummis said that the bill could have been passed months ago but is unfairly being held back. 
Lawmakers are hoping the Clarity Act gets passed before Congress departs for August recess. While the bill has been drafted bipartisanly, some Democrats are unhappy with the current version. 
JUST IN: &#x1f1fa;&#x1f1f8; Sen. Cynthia Lummis says a Senate vote is still on track before the August recess &#x1f440;
&#8220;Sen. Thune has kept a place for the CLARITY ACT on the agenda before the August recess…and I believe he does&#8230;
 Read more on BitcoinMagazine ]]>
					</description>
					 
					 					
					<pubDate>Thu, 30 Jul 2026 21:40:32 +0000</pubDate>
								 
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					 &#8216;Bitcoin Senator&#8217; Blasts Democrats For Stalling Clarity Act 
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					<title>Bitcoin Treasury Strategy Posts $8.2 Billion Loss</title>
					<link>https://cryptocrunchapp.com/bitcoinmagazine/bitcoin-treasury-strategy-posts-8-2-billion-loss/</link>
					<guid isPermaLink="false">https://cryptocrunchapp.com/?p=39322</guid>
					<dc:creator>BitcoinMagazine</dc:creator>
										  <description>
					  <![CDATA[ Bitcoin treasury company Strategy reported a loss of $8.22 billion for the second quarter of 2026 thanks to the falling price of the leading cryptocurrency. 
In its quarterly report, Nasdaq-listed Strategy (MSTR) — formerly MicroStrategy — put the loss down to the Bitcoin price crash, even as the company continued raising capital, buying more Bitcoin and paying down debt.
In the same period of 2025, Strategy reported a net income of $10.02 billion. 
“In the second quarter of 2026, Strategy strengthened its balance sheet while navigating a meaningful Bitcoin price decline,” Strategy CEO and President Phong Le said in a statement. 
Chairman and the architect&#8230;
 Read more on BitcoinMagazine ]]>
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					<pubDate>Thu, 30 Jul 2026 21:03:17 +0000</pubDate>
								 
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					 Bitcoin Treasury Strategy Posts $8.2 Billion Loss 
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					<title>Bitcoin Only Makes Up 1% Of Legendary Investor Ray Dalio&#8217;s Portfolio</title>
					<link>https://cryptocrunchapp.com/bitcoinmagazine/bitcoin-only-makes-up-1-of-legendary-investor-ray-dalios-portfolio/</link>
					<guid isPermaLink="false">https://cryptocrunchapp.com/?p=39319</guid>
					<dc:creator>BitcoinMagazine</dc:creator>
										  <description>
					  <![CDATA[ Legendary investor Ray Dalio still only holds 1% of his portfolio in Bitcoin — and prefers gold instead. 
Speaking on a Thursday episode of the Diary of a CEO podcast, the Bridgewater Associates founder explained that while there are different types of money, and Bitcoin was one of them, gold was a better investment.  
Dalio has gone from saying he wouldn’t invest in Bitcoin over the years to finally admitting it was in his portfolio. 
“[Bitcoin] is a type of money that can’t be printed, but there are technologies that can hurt it — in other words, if there’s quantum computing,” he said. 
“And it can be monitored by governments and so on, and it could&#8230;
 Read more on BitcoinMagazine ]]>
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					<pubDate>Thu, 30 Jul 2026 20:03:33 +0000</pubDate>
								 
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					 Bitcoin Only Makes Up 1% Of Legendary Investor Ray Dalio&#8217;s Portfolio 
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					<title>Scott Bessent Urges Clarity Act Vote, Quotes Satoshi</title>
					<link>https://cryptocrunchapp.com/bitcoinmagazine/scott-bessent-urges-clarity-act-vote-quotes-satoshi/</link>
					<guid isPermaLink="false">https://cryptocrunchapp.com/?p=39316</guid>
					<dc:creator>BitcoinMagazine</dc:creator>
										  <description>
					  <![CDATA[ U.S. Treasury Secretary Scott Bessent on Thursday became the latest major figure to support the crypto Clarity Act — and quoted Satoshi Nakamoto while doing it. 
Writing on X, the politician urged the Senate “vote NOW on this landmark legislation,” and blasted Democrats — focusing on Elizabeth Warren — for holding back the bill. 
Lawmakers are hoping the Clarity Act gets passed before Congress departs for August recess. While the bill has been drafted bipartisanly, some Democrats are unhappy with the current version. 
JUST IN: &#x1f1fa;&#x1f1f8; Treasury Secretary Scott Bessent says Senate Democrats are stalling the Clarity Act:
“The Senate needs to vote NOW on this&#8230;
 Read more on BitcoinMagazine ]]>
					</description>
					 
					 					
					<pubDate>Thu, 30 Jul 2026 18:12:43 +0000</pubDate>
								 
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					 Scott Bessent Urges Clarity Act Vote, Quotes Satoshi 
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					<title>Professional Law Enforcement Group Backs Crypto&#8217;s CLARITY Act</title>
					<link>https://cryptocrunchapp.com/bitcoinmagazine/professional-law-enforcement-group-backs-cryptos-clarity-act/</link>
					<guid isPermaLink="false">https://cryptocrunchapp.com/?p=39313</guid>
					<dc:creator>BitcoinMagazine</dc:creator>
										  <description>
					  <![CDATA[ More support has been thrown behind the Clarity Act as lawmakers rush to get the long-awaited bill over the line. This time from the Major Cities Chiefs Association. 
The nonprofit — made up of police chiefs from major U.S. cities — said Thursday that it was happy with how the bill addresses financial crime. 
Lawmakers are hoping the Clarity Act gets passed before Congress departs for August recess. While the bill has been drafted bipartisanly, some Democrats are unhappy with the current version. 
JUST IN: &#x1f1fa;&#x1f1f8; Pro organization of police executives representing the largest cities in the U.S. now officially endorse the passage of the Clarity Act:&#8230; Read more on BitcoinMagazine ]]>
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					<pubDate>Thu, 30 Jul 2026 16:49:22 +0000</pubDate>
								 
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						<media:content url="https://cryptocrunchapp.com/wp-content/uploads/2026/07/Professional-Law-Enforcement-Group-Backs-Cryptos-CLARITY-Act-Adding-Pressure-Before-August-Recess.jpg" type="image/jpeg" >
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					 Professional Law Enforcement Group Backs Crypto&#8217;s CLARITY Act 
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