【AiCoin丨8.3 Snapshot: Senate Legislation Stalled, MicroStrategy Holdings Disclosure, Coldcard Vulnerability Coin Theft】

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1. The U.S. Senate needs to pass the Crypto Clarity Act within 5 days

The U.S. Senate needs to pass the Crypto Clarity Act within 5 days before the summer recess.   -Original

2. The Iranian Islamic Revolutionary Guard Corps claims to strike the Bahrain Amazon data center in response to U.S. actions

According to CCTV News, a spokesperson for the Iranian Islamic Revolutionary Guard Corps stated during the introduction of the “Victory-2” operation that the Amazon data processing center located in Bahrain was targeted due to its role in providing intelligence support, cloud computing, and services related to the U.S. military command system. This operation is a response from Iran to U.S. attacks.   -Original

3. The Iranian parliament states it is restoring the memorandum of understanding with the U.S., negotiations with Oman on the Strait of Hormuz entering the final stage

The Iranian Parliament's National Security Committee stated that mediators are assisting in restoring the memorandum of understanding between Iran and the U.S., and all parties have exchanged views on all issues. The Iranian Foreign Minister stated that negotiations between Iran and Oman regarding the Strait of Hormuz are entering the final stage.   -Original

4. Michael Saylor releases Bitcoin Tracker information, MicroStrategy to disclose holding changes next week

Michael Saylor, founder and executive chairman of MicroStrategy, released Bitcoin Tracker information, noting that MicroStrategy typically discloses information on Bitcoin holding changes the day after related news is released.   -Original

5. El Salvador continues to accumulate BTC, target reserve amount nearing 8,000 coins, has never sold

The government of El Salvador announced it continues to accumulate Bitcoin, as the country is increasing its national strategic reserves daily and has never sold, with a target reserve amount nearing 8,000 Bitcoin.   -Original

6. Coldcard vulnerability leads to 1,196 wallets being hacked for about $70 million in BTC, community developers use AI to discover

Developers scanned the open-source firmware of Coldcard using Claude Code, discovering within 8 minutes that the firmware generated private keys by calling a software pseudo-random number generator instead of a hardware true random number generator, resulting in the theft of approximately $70 million in BTC from 1,196 wallets. Community users independently scanned using Zhizhu GLM 5.2 and also found the same vulnerability, which has existed in the open-source wallet code for over five years.   -Original

7. Bloomberg analyst Eric Balchunas questions whether Coldcard's 5-person team can bear the security responsibility for millions of users

Bloomberg Senior ETF Analyst Eric Balchunas commented on the Coldcard security incident, questioning whether a company with about 5 employees is suitable for taking on Bitcoin storage responsibilities. Eric Balchunas stated that the number of Coldcard employees seems incredibly low. He pointed out that if a bank had only 5 employees and was headquartered in Canada, would people trust them with their life savings? Eric Balchunas believes that this is viewed as a characteristic in the crypto industry, but from a traditional financial perspective, it would signal risk.   -Original

8. South Korea plans to grant financial regulatory agencies emergency intervention rights, limit leverage multiples and investment amounts for single stock leveraged ETFs

According to Korean media NATE, the South Korean Financial Services Commission and the Financial Supervisory Service are promoting amendments to the Capital Markets Act, planning to grant regulatory agencies emergency intervention rights to take market stabilization measures during periods of severe fluctuations in the stock market, focusing on adjusting the leverage multiples and setting investment caps for single stock leveraged ETF products, while considering unifying individual investment limits at about 20% and introducing a real transaction simulation system.   -Original

 

Above are the highlights from the past 24 hours; for faster news, please download AiCoin (aicoin.com)

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