1,082 BTC left 1,196 addresses in 41 minutes. The Coldcard defect that made it possible had shipped more than five years earlier. No phishing. No physical access. No mistake in normal use. The sweep continued in waves for days. By August 3, Galaxy Research’s running estimate had passed 1,600 BTC across more than 7,300 addresses, and the total was still rising. Monitoring would not have prevented this. The transactions were validly signed, so no blocking control applies. Range is not a custodian and does not hold keys. Detection determines how quickly the company sees the outflow and begins responding. Now read your treasury policy. The preventive side is usually detailed: air-gapped storage, signer thresholds, passphrases and device selection. Every control still depends on engineering your company did not write and cannot inspect. The detective side is often reduced to periodic reconciliation, even though it is the part the company owns: - Which addresses are monitored? - What qualifies as an authorized outflow? - Who receives the alert? - What must they do? - How quickly they must act? Software does not make those decisions for you, and no custody model removes the underlying vendor dependency. The full argument 👇

JMIC Advisory Note 082-26 Released by UKMTO on behalf of the Joint Maritime Information Centre Click here to view the full advisory note ⤵️ #MaritimeSecurity# #MarSec#

🚨 Coldcard Bitcoin Hack Update: 1,082.65 BTC swept from ~1,196 addresses in just 41 minutes — before the vulnerability was even publicly disclosed. The attacker may have used a paid blockchain-services account, leaving an off-chain trail investigators are now chasing. Read more 👉: #KuCoin# #KuCoinSecurity#

ZEROBASE WEEKLY 8.24-8.30 ZBT traded in a relatively tight $0.075–$0.082 band through most of the week before a late bounce toward $0.083–$0.086 on August 30. Crypto market capitalization held in a $2.62T–$2.78T range after the prior week’s sharp expansion, settling near $2.63T–$2.70T by the weekend. The week was a classic digest-and-test sequence: residual bid from the prior 22% Bitcoin surge, a probe of resistance above $81,000, then a hawkish-policy fade. Bitcoin opened the week near $77,700 on August 24, advanced through $80,000, and printed a three-month high around $81,300–$81,455 on August 25–28 before reversing. The Friday close near $77,840 reflected a roughly 3% session drop after Fed Chair Kevin Warsh’s Jackson Hole remarks. By Sunday, Bitcoin had recovered into the $78,200–$78,800 zone, leaving the week modestly higher from Monday’s open but well off the highs. Ethereum moved in parallel, starting near $2,460, tagging the mid-$2,500s, sliding toward $2,420–$2,440 on August 28, and finishing near $2,450–$2,480. Derivatives confirmed the late-week de-risking. Friday saw about $488 million in liquidations, overwhelmingly longs, across nearly 98,000 traders. Open interest stayed elevated after the prior week’s short-squeeze, while funding on major pairs flipped from constructive to more cautious as hike odds repriced. Macro and geopolitics dominated the tape. The Jackson Hole symposium (August 27–29) was the focal point. Warsh, in his first keynote as Fed chair, called the 2% inflation target a “firm, fixed” objective, said forward guidance had “overstayed its welcome,” and warned that policymakers “have work to do” if underlying inflation does not move to target “clearly and at sufficient speed.” July PCE remained sticky at 3.7% year-over-year (core 3.3%). CME-implied odds of a September rate hike jumped from about 35% to around 57%. Two-year yields rose, the dollar strengthened, and risk assets faded into the Friday close. Other data mixed the picture: initial jobless claims fell to 203,000, supporting labor resilience, while July new-home sales dropped 10.5% under high borrowing costs. Trade friction intensified after the U.S. moved toward 50% tariffs on roughly $20 billion of Canadian goods following collapsed talks. Washington also widened Iran-related sanctions; oil still posted its first weekly decline in three weeks, with WTI near $83.40 and Brent near $89.30 as Hormuz-related risk was reassessed. Gold firmed toward $4,500. U.S. equities finished the week modestly higher despite Friday’s pullback. The S&P 500 closed Friday at 7,711.76 (−0.25%), the Dow near 53,560 (essentially flat on the day), and the Nasdaq weaker. Nvidia’s fiscal second-quarter print was the offset: revenue of $96.2 billion, data-center revenue of $89 billion, and guidance that produced an 8.7% single-session jump and a roughly $442 billion one-day rise in market value—one of the largest on record. That AI bid kept Communication Services and Tech among the week’s better sectors even as rate-sensitive names and the Russell 2000 lagged. Institutional flows remained the structural support, then cracked at the margin. U.S. spot Bitcoin ETFs took in $337.6 million on August 24, $314.4 million on the 25th, $232.1 million on the 26th and $242.2 million on the 27th, before a $201.8 million outflow on August 28 ended a nine-session, roughly $3 billion inflow streak. The August 24–28 trading week still netted about $924.5 million. ARK 21Shares led Friday redemptions (−$114.9 million), followed by Bitwise and a modest IBIT outflow. Ethereum ETFs did not follow: they added about $102 million on August 28 and extended a 10-day inflow run. Solana and XRP products also stayed in positive flow on the reversal day. Crypto Fear & Greed spent the week in greed rather than the fear readings of mid-August, oscillating roughly in the mid-60s to high-70s and ending near 69–76. On-chain data continued to show a holder split. Wallets with 100+ BTC added more than 39,000 BTC over the recent week, extending a 60-day accumulation of about 43,000 BTC (larger cohorts above 10,000 BTC added even more over that window). Retail-sized wallets (0.1–1 BTC) remained in distribution, with accumulation-trend scores near −0.98. Exchange flows flipped positive on the Friday dump (net coins onto venues) and quieter thereafter. A large share of supply remains dormant; long-term holder behavior stayed more constructive than the short-term cohort that sold into strength. In summary, August 24–30 was a consolidation week after Bitcoin’s strongest weekly dollar advance in years. Spot prices tested $81,000, ETF demand stayed heavy until Friday, and whales absorbed retail supply. The Warsh speech reintroduced rate-hike risk, ended the BTC ETF streak, and forced long liquidations—without breaking the higher range established the week before. Sticky 3.7% PCE, U.S.–Canada tariff escalation, and residual Middle East energy risk keep the macro overlay two-sided.

📊 Two numbers worth paying attention to. • $44,082,900 invested on-chain through AlloX. • 79.4% of all 3,467,823 portfolios in positive P&L. Forty four million dollars allocated by real users. Nearly 8 in 10 portfolios making money. The product works. The data proves it. 👉

🚨COLDCARD THEFT SECOND SWEEP TOTAL NOW 1,158 $BTC! Galaxy Research identified a second wave of sweeps linked to the same Coldcard firmware vulnerability. Updated totals: • 1,158.81 $BTC (~$75.1M) stolen • From 2,673 addresses • Held unspent across 7 attacker wallets First wave (July 30): 1,082.65 $BTC from 1,195 addresses in 41 minutes. Second wave (July 31): 76.16 $BTC from 1,478 addresses. All coins remain unmoved. The vulnerable firmware dates back to March 2021.