The President Donald Trump-backed media company, Trump Media and Technology Group, is pulling back from two of its crypto deals, according to a report by Axios. 

The publication reported Friday that the two deals with Crypto.com — a prediction market and treasury — would not go ahead. 

Citing comments from fusion energy company TAE’s interim CEO, Kevin McGurn, the publication said that Trump Media had pulled the deals as the market for digital asset treasury companies had become saturated over the past year.

Trump Media last year said it was working with crypto exchange Crypto.com to build a Cronos treasury with $6.4 billion in backing. Cronos is the native coin of…

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The Clarity Act may be delayed — for now — but pro-crypto senators remain committed to the fight. 

And not just Republicans: Democratic Senator Angela Alsobrooks accompanied conservative “Bitcoin Senator” Cynthia Lummis in assuring voters that work was being done on the bill. 

Lawmakers were hoping a crucial vote on the long-awaited crypto market structure bill was to go ahead before a five-week recess but news dropped Friday that it was too little, too late. Now, the Senate will vote on the bill in September. 

JUST IN: 🇺🇸 Senator Lummis releases statement now Clarity Act vote is delayed:

“There will be a time where I can say more, but for now, let me say this, we’ve…

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New analysis of Bitcoin theft reports reveals that stolen funds overwhelmingly came from long-dormant wallets, with victims reporting a median loss of over one coin.

Data posted on X from Galaxy Research’s Alex Thorn looked at 250 victim reports and found the typical stolen coin had sat untouched for 3.5 years, and a striking 88% of pilfered funds were at least a year old. 

By address, losses ranged from a median of 0.014 Bitcoin to a mean of 0.212 Bitcoin, while individual victims reported a median loss of 1.022 Bitcoin and an average of 4.04 Bitcoin — with one unlucky holder losing as much as 58.97 coins. 

Hackers started by taking over $35 million in Bitcoin from…

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Bitcoin was trading higher on Friday — despite negative news circulating regarding the Clarity Act delay and a massive exploit of the popular Coldcard wallets. 

The biggest cryptocurrency was trading above $65,170 today, up nearly 4% over the past week, despite significant headwinds against the asset. 

Little over a week ago, hackers started stealing millions in Bitcoin from Coldcard wallets after discovering a vulnerability in the product’s software. Some estimates put the amount of Bitcoin lost now at over $130 million. 

The incident has rattled the BTC community that typically praises cold storage solutions. 

And news dropped late Thursday night that the…

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One of the biggest Bitcoin security stories of the year unfolded last week as a firmware exploit affecting certain Coldcard hardware wallets renewed industry debate around self-custody and operational security.

At the same time, another story was developing in the background.

Over the same seven trading days, U.S. spot Bitcoin ETFs attracted $790.6 million in net inflows, according to the Bitcoin For Corporations ETF Dashboard. More than $1.0 billion entered the funds while $212.7 million exited, resulting in one of the strongest weekly periods in recent months.

The two developments are not necessarily related. ETF flow data cannot tell us why investors bought Bitcoin….

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A vote on the long-awaited Clarity Act will be delayed until September as lawmakers go on recess today. 

As first reported by POLITICO, citing comments from Majority Leader John Thune, the vote on the landmark bill will now have to wait until lawmakers return from August recess. 

Bipartisan work has gone into the Clarity Act, which was passed by the House of Representatives last year, but some Republicans have accused Democrats of stalling the bill. 

BREAKING: 🇺🇸 President Donald Trump says “I see it more and more where people are paying with Bitcoin, they don’t even know about cash anymore.”

“Crypto’s a big deal.” pic.twitter.com/Y7ZFifz6zL

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Author’s note: In my view BIP110 is both useless and harmful, and I do expect it to fail (see scenario 1). Despite this I tried to write this article as factually as I could, entertaining different possible scenarios, as I do hope it may provide some clarity on this soft fork attempt.

The OP_RETURN debate has escalated to the point where Bitcoin Knots implemented BIP110: a consensus protocol change that temporarily limits the size of OP_RETURNs and intends to reduce other types of data on Bitcoin’s blockchain as well.

However BIP110 does not have consensus: not everyone agrees there’s a problem that requires solving in the first place, nor that BIP110 solves it in any…

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Developed by Breez in partnership with Bitcoin Spark, the Glow app lets users send stablecoins from their Bitcoin balance, while empowering developers to build better user experiences without having to worry about the difficult parts of building on top of Bitcoin. Breez’s SDK takes care of asset exchange in the background while supporting lightning payments through its Spark integration. 

“Glow is a Bitcoin app for everyone,” said the company in a press release shared with Bitcoin Magazine. Users can access the app on both Apple and Android app stores. Glow re-invents the Bitcoin wallet experience, deviating from the seed phrase backup flow that many wallets attempt to…

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Senate Majority Whip John Barrasso is the latest lawmaker to call for action on the crypto Clarity Act, though recent developments show work on the bill may be slowing. 

Speaking to the Senate Thursday, Barrasso reminded lawmakers that the U.S. passed the first major digital asset bill last year, the Genius Act, and the same bipartisan work was necessary for the Clarity Act. 

Lawmakers are rushing to get a vote on the Clarity Act before a five-week recess this week. Some Republicans have criticized Democrats for dragging their feet with the bill and deliberately being pernickety. 

JUST IN: 🇺🇸 Senate Majority Whip John Barrasso tells the Senate “its time for the…

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