Month: July 2026
Major bitcoin wallet flaw drains 594 BTC in 25-minute sweep
A hardware wallet randomness bug turned “impossible to guess” seeds into guessable ones, and $38 million is already gone.
Crypto’s next altseason may have fewer winners: Wintermute
Institutional investors accounted for 72% of Wintermute’s spot OTC flow in the first half of 2026 as capital clustered in fewer tokens and altcoin rallies became more selective.
The session you cannot take with you
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Coldcard issues Mk3 warning as experts examine $38M Bitcoin wallet drain
Coinkite urged Coldcard Mk3 users to migrate funds after identifying a potential seed-generation risk, as Bitcoin security experts separately examine an unexplained $38 million wallet drain.
Anthropic says its own AI models breached three companies during security tests
After OpenAI’s models broke into Hugging Face, Anthropic checked its own history and found three similar incidents
Bhutan’s Gelephu taps 3iQ to manage part of Bitcoin treasury
3iQ will manage an undisclosed portion of Gelephu Mindfulness City’s Bitcoin treasury as Bhutan develops a digital-asset investment hub.
Apple stockpiles inventory as it braces for ‘significant supply constraints’
Apple is worried enough about supply shortages that it reported about $11.1 billion in inventory, which is almost double the $5.7 billion it reported last September.
AI hedge fund Situational Awareness may have sold its public portfolio, but it still has its Anthropic shares
The former OpenAI researcher’s fund was forced to unwind public equities after leveraged public bets plummeted. But he still has cards to play.
The AI Aesthetic
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The Absurdity of Albert Camus
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Reddit reports a solid quarter but shows signs of AI’s impact
Reddit’s financial situation is looking good but uncertainty about its relationship to Google and the new AI-ified web are stirring market concerns.
Investors love AI, as long as you’re a cloud host
Amazon isn’t slowing down on data center spending — but investors don’t seem to mind.
Apple says gaming slowdown and App Store changes hurt services growth
Apple said a slowdown in mobile gaming and changes to the App Store’s business model — including court-ordered payment rule changes in the U.S. — weighed on its services business, even as the company topped 1.5 billion paid subscriptions.
Tim Cook hints at iCloud Plus tier for AI power users
Apple may allow users to pay to increase their AI usage limits. During an earnings call on Thursday, Apple CEO Tim Cook said that he believes people will want to use Apple Intelligence and the upcoming Siri AI “a lot,” adding that “we will have some kind of upgrade possibilities on iCloud Plus where people … Read more
Xbox CEO lays out priorities in memo after major ‘reset’
Asha Sharma. | Image: The Verge, Microsoft After a massive Xbox “reset” that laid off thousands of employees and spun off four studios, Xbox CEO Asha Sharma wants to get Xbox back to growth. In a memo obtained by The Verge, Sharma told staff by the end of fiscal year 2027 (which runs through next … Read more
US Senators sent revised ethics rules to White House for CLARITY Act: Report
The window to pass a comprehensive crypto market structure bill before the Senate breaks for a month-long recess is closing, with ethics a dividing issue for many lawmakers.
Gemini 3.6 Flash Tied on Intelligence – and Nearly Doubled Output Speed
Disclosure: This article was prepared for Velokey, an AI API business, and contains one link to its blog. That relationship creates a vested interest in API infrastructure and model-evaluation topics. At the time of review, Velokey’s public model directory did not list Gemini 3.6 Flash or Gemini 3.5 Flash-Lite, so this article makes no claim … Read more
Strategy posts $8.2B Q2 loss as Bitcoin slump drives unrealized losses
The Bitcoin treasury company said it has built a $3.75 billion cash reserve to support preferred stock payouts following the launch of its BTC monetization program.
Stop Hardcoding to a Single LLM Vendor – You’re Building a $200K Tech Debt Trap
At 3:14 AM on a Tuesday last year, my pager went off. Our engineering team had spent three months embedding a top-tier proprietary LLM directly into our core data processing pipeline. Then, a silent API update shifted how the model prioritized reasoning tokens, completely breaking our strict JSON output validation. Forty percent of our production … Read more
Coinbase Misses on Q2 Earnings as Crypto Trading Activity Slows
The exchange reported lower quarterly revenue and a net loss as crypto trading activity declined, while subscription, stablecoin, and lending businesses continued to grow.
How to Build a Complete File-Sharing Application Using Filestack
File sharing is a common requirement across many types of applications, from internal tools and client portals to full-featured SaaS products. While the concept is straightforward, implementing it well requires handling uploads, generating shareable links, delivering files globally, and optionally supporting real-time image transformations. This guide walks through building a complete file-sharing application using Filestack … Read more
World Cup generated $20B in blockchain prediction market volume: Chainalysis
The blockchain analytics firm said the World Cup attracted global participation in prediction markets and digital collectibles, with more than 400,000 wallets placing blockchain-based bets.
Apple’s iPhone and Mac sales keep growing despite RAM shortages
Apple’s iPhone and Mac sales are on the rise even as a global memory shortage squeezes device makers. In its third-quarter earnings report released on Thursday, Apple revealed that iPhone sales jumped 22 percent to $54.25 billion, while Mac sales increased 29 percent to $10.35 billion. Apple raised prices across its Macs, iPads, and other … Read more
Coinbase Q2 profit misses estimates despite record crypto market share
The crypto exchange blamed softer spot trading and low volatility for the earnings miss while highlighting growth in derivatives, stablecoins and tokenized finance.