[News Brief] Apr 22, morning | 1,596 Bitcoin Stolen in Coldcard Hack, Losses Estimated at $102 Million

An estimated 1,596 bitcoin (BTC) was stolen from 7,300 addresses in a Coldcard hack. Total losses are estimated at $102 million, or about 145.9 billion won. Bitcoin Magazine’s X account reported this on Aug. 4, citing Galaxy Research. The post said the threat is still ongoing and urged users to review Coldcard’s official security guidance as soon as possible.

An estimated 1,596 bitcoin (BTC) was stolen from 7,300 addresses in a Coldcard hack. Total losses are estimated at $102 million, or about 145.9 billion won. Bitcoin Magazine’s X account reported this on Aug. 4, citing Galaxy Research. The post said the threat is still ongoing and urged users to review Coldcard’s official security guidance as soon as possible.

BNY plans to add cryptocurrency staking services to its institutional digital asset custody platform in partnership with Galaxy. If launched following regulatory approval, institutional clients will be able to earn staking rewards without moving custody assets off platform. BNY announced the plan on Aug. 4. Galaxy will provide technical infrastructure and participate as a service design partner, while the launch remains subject to approval by regulators. BNY began offering digital asset custody services in 2022 and has handled bitcoin (BTC), ether (ETH), and tokenized securities. In June, it also entered a partnership with Circle related to USD Coin (USDC).

BNY plans to add cryptocurrency staking services to its institutional digital asset custody platform in partnership with Galaxy. If launched following regulatory approval, institutional clients will be able to earn staking rewards without moving custody assets off platform. BNY announced the plan on Aug. 4. Galaxy will provide technical infrastructure and participate as a service design partner, while the launch remains subject to approval by regulators. BNY began offering digital asset custody services in 2022 and has handled bitcoin (BTC), ether (ETH), and tokenized securities. In June, it also entered a partnership with Circle related to USD Coin (USDC).

The South Korean government excluded any additional deferral of virtual asset taxation from its 2026 tax revision proposal. If the proposal passes the National Assembly, taxation on gains from virtual asset trading will begin in 2027. The Ministry of Economy and Finance finalized the revision, according to an Aug. 4 report by Edaily. A 22% tax rate will apply to annual virtual asset trading gains exceeding 2.5 million won, with the first filing to take place in May 2028. Virtual asset taxation had previously been postponed three times. Amid a bill proposed by the opposition party to abolish the tax, some are voicing objections, citing weak market conditions.

The South Korean government excluded any additional deferral of virtual asset taxation from its 2026 tax revision proposal. If the proposal passes the National Assembly, taxation on gains from virtual asset trading will begin in 2027. The Ministry of Economy and Finance finalized the revision, according to an Aug. 4 report by Edaily. A 22% tax rate will apply to annual virtual asset trading gains exceeding 2.5 million won, with the first filing to take place in May 2028. Virtual asset taxation had previously been postponed three times. Amid a bill proposed by the opposition party to abolish the tax, some are voicing objections, citing weak market conditions.

A warning has emerged that passage of the Clarity Act in the U.S. Senate could be delayed ahead of the chamber’s summer recess. Disagreements over ethics provisions were cited as a key obstacle. The Bitcoin Historian’s X account posted a video on Aug. 4 featuring remarks from a Charles Schwab official. In the video, the official said, “There is not much time left,” adding that “the Senate will begin its summer recess at the end of this week.” The official also expressed skepticism that the bill would make progress in the fall and urged the Senate to act immediately. The remarks also argued that the United States is falling behind as other countries implement crypto regulation.

A warning has emerged that passage of the Clarity Act in the U.S. Senate could be delayed ahead of the chamber’s summer recess. Disagreements over ethics provisions were cited as a key obstacle. The Bitcoin Historian’s X account posted a video on Aug. 4 featuring remarks from a Charles Schwab official. In the video, the official said, “There is not much time left,” adding that “the Senate will begin its summer recess at the end of this week.” The official also expressed skepticism that the bill would make progress in the fall and urged the Senate to act immediately. The remarks also argued that the United States is falling behind as other countries implement crypto regulation.

BlackRock bought back $111 million worth of bitcoin (BTC) just one day after selling. U.Today reported that BlackRock’s large bitcoin purchase fueled ongoing discussion about spot ETF fund flows. According to the report, bitcoin was trading near $63,000 at the time.

BlackRock bought back $111 million worth of bitcoin (BTC) just one day after selling. U.Today reported that BlackRock’s large bitcoin purchase fueled ongoing discussion about spot ETF fund flows. According to the report, bitcoin was trading near $63,000 at the time.

BlackRock, the world’s largest asset manager, launched two on-chain money market funds. The products are aimed at the real-world asset (RWA) and stablecoin reserve asset markets. According to Zombit, BlackRock announced the launches in a Monday statement. The two funds are short-term money market products using blockchain technology and offer a new option for managing stablecoin reserve assets. The launch marks a move by BlackRock to expand its range of on-chain financial products and broaden its RWA business.

BlackRock, the world’s largest asset manager, launched two on-chain money market funds. The products are aimed at the real-world asset (RWA) and stablecoin reserve asset markets. According to Zombit, BlackRock announced the launches in a Monday statement. The two funds are short-term money market products using blockchain technology and offer a new option for managing stablecoin reserve assets. The launch marks a move by BlackRock to expand its range of on-chain financial products and broaden its RWA business.

Tokenized securities platform Dinari, in partnership with Circle, has opened trading in tokenized stocks of S&P 500 constituents to U.S. investors. Fortune reported that users can buy and sell tokenized equities using the dollar-pegged stablecoin USD Coin (USDC) from self-custodied wallets.

Tokenized securities platform Dinari, in partnership with Circle, has opened trading in tokenized stocks of S&P 500 constituents to U.S. investors. Fortune reported that users can buy and sell tokenized equities using the dollar-pegged stablecoin USD Coin (USDC) from self-custodied wallets.

Western Union launched Stablecard in 37 markets on Aug. 4, enabling Solana-based stablecoin U.S. Dollar Payment Token (USDPT) to be used for payments and cash withdrawals. After receiving USDPT, users can make instant purchases at Visa merchants linked to the card or withdraw cash. Western Union said it aims to reduce the burden of prefunding required for cross-border remittances and improve capital efficiency through stablecoins. The company plans to expand Stablecard availability to more than 60 regions by year-end.

Western Union launched Stablecard in 37 markets on Aug. 4, enabling Solana-based stablecoin U.S. Dollar Payment Token (USDPT) to be used for payments and cash withdrawals. After receiving USDPT, users can make instant purchases at Visa merchants linked to the card or withdraw cash. Western Union said it aims to reduce the burden of prefunding required for cross-border remittances and improve capital efficiency through stablecoins. The company plans to expand Stablecard availability to more than 60 regions by year-end.

U.S. spot bitcoin (BTC) exchange-traded funds recorded total net inflows of $170 million on Aug. 3. Odaily reported that BlackRock’s iShares Bitcoin Trust (IBIT) posted the largest inflow among all products, with $111 million in net inflows.

U.S. spot bitcoin (BTC) exchange-traded funds recorded total net inflows of $170 million on Aug. 3. Odaily reported that BlackRock’s iShares Bitcoin Trust (IBIT) posted the largest inflow among all products, with $111 million in net inflows.

Aptos launched its Confidential APT feature on mainnet. The feature is designed to provide selective privacy in environments that require regulatory compliance. Odaily reported that the feature has been deployed on the Aptos mainnet. Specific details about target use cases and how it will be used were not disclosed.

Aptos launched its Confidential APT feature on mainnet. The feature is designed to provide selective privacy in environments that require regulatory compliance. Odaily reported that the feature has been deployed on the Aptos mainnet. Specific details about target use cases and how it will be used were not disclosed.