Counting down the days: State of Crypto

The Senate is going on its summer break in a week, leaving next to no time left to sort out its remaining priorities in August. And obviously, the fate of Clarity is one of those priorities.

source https://www.coindesk.com/policy/2026/08/02/counting-down-the-days-state-of-crypto

The reverse bridge: Crypto meets Wall Street using perps

Crypto exchanges built perpetual futures for digital assets. Now they are using them to offer 24/7 exposure to stocks, commodities and indexes.

source https://www.coindesk.com/business/2026/08/02/the-reverse-bridge-crypto-meets-wall-street-using-perps

Unlike the FTX collapse, the $89 million Coldcard exploit has investors sending bitcoin back to exchanges

The Coldcard vulnerability has smaller bitcoin holders moving funds onto exchanges for safety, according to blockchain analytics firms. This is opposite of the trend seen following the FTX collapse in late 2022.

source https://www.coindesk.com/markets/2026/08/02/unlike-the-ftx-collapse-the-usd88-million-coldcard-exploit-has-investors-sending-bitcoin-back-to-exchanges

Strategy holds STRC dividend at 12%

Customarily, Michael Saylor and team have lifted the STRC dividend when it trades sizably below par, but not this month.

source https://www.coindesk.com/markets/2026/08/01/strategy-holds-strc-dividend-at-12

How bitcoin cold wallets lost $70 million in an attack that never touched the devices

Galaxy Research said weak seed generation let an attacker recreate likely private keys offline, sweep more than 1,000 BTC from nearly 1,200 wallets and continue searching without ever accessing the devices.

source https://www.coindesk.com/tech/2026/08/01/how-bitcoin-cold-wallets-lost-usd70-million-in-an-attack-that-never-touched-the-devices

Bitcoin holds monthly gain, faces 'choppy' August as 'forced-selling' exhausted, analysts say

The largest crypto shrugged off a barrage of bad news this month, but traders remain cautious as rate hike fears and jobs data loom.

source https://www.coindesk.com/markets/2026/07/31/bitcoin-holds-onto-july-gain-as-forced-selling-fuel-was-already-spent-analysts-say

Tether posts $1.5 billion operating profit in Q2 as reserve buffer falls by half

The world’s largest stablecoin issuer added 14 metric tons of gold and about 1,800 bitcoin to its reserves during the second quarter.

source https://www.coindesk.com/business/2026/07/31/tether-posts-usd1-5-billion-operating-profit-in-q2-as-reserve-buffer-falls-by-half