Thousands of crypto wallets at risk from ‘Ill Bloom’ vulnerability: Coinspect

Thousands of crypto wallets across multiple blockchains could be vulnerable due to weak recovery phrase generation. Source: Cointelegraph

Thousands of crypto wallets across multiple blockchains could be vulnerable due to weak recovery phrase generation. Source: Cointelegraph

Japan’s SBI Crypto shuts down 12th largest Bitcoin mining pool in the world, Russia gears up to launch digital ruble despite EU sanctions, and more: Asia Express. Source: Cointelegraph

Bitcoin reached its highest levels in nearly a fortnight over the weekend, but BTC price action faced an “absolutely terrible” Monday track record. Source: Cointelegraph

South Africa’s tax authority proposed draft guidance clarifying how crypto assets are taxed under existing income and capital gains tax rules, seeking public input until Aug. 31. Source: Cointelegraph

Binance recorded $1.23 billion in weekly net outflows, up 207% from the previous week, as Ethereum withdrawals surged to a three-year high. Source: Cointelegraph

Part of the Ethereum Foundation’s plan to make Ethereum more private and scalable is to introduce a new virtual machine, with leanISA and RISC-V among the top candidates. Source: Cointelegraph

Moonbeam didn’t provide a timeline for when it would launch the AI agent platform but told GLMR holders to bridge their tokens from the Polkadot parachain to Base before July 31. Source: Cointelegraph

Eligible users can now use select tokenized stocks and ETFs as collateral for futures and margin trading without selling their holdings. Source: Cointelegraph

DefiLlama data shows Kalshi posted a record month for trading volume as the expanded FIFA World Cup boosted prediction market activity. Source: Cointelegraph

Bitcoin price strength could “break” the entire downtrend if the reversal pattern completed, John Bollinger suggested in light of the BTC rebound. Source: Cointelegraph