In this emergency episode of Galaxy Grid, we break down the massive CoinKite Coldcard hardware wallet exploit that has compromised over 1,500 BTC ($100M+) across multiple attack waves. Alex Thorn delivers an exclusive play-by-play tracing the silent March 2021 RNG firmware bug, while Will Owens details how he successfully baited an automated drainer bot and won an RBF fee race to rescue his funds. Finally, we examine how open-source AI models were used to operationalize the attack and what this breach means for the future of Bitcoin self-custody versus institutional ETFs.

Ethereum ETF flows just outpaced Bitcoin for the second time while ETH is up 20% on the month. The SEC just issued guidance on vaults and lending markets that could reshape how institutional capital enters DeFi. Major financial institutions have pooled resources to fund a Bitcoin quantum security initiative bringing TradFi directly into Bitcoin core development for the first time. And Robinhood Chain just hit 100 million transactions while pulling memecoin volume from Solana. Four of the most important stories in crypto this week all in one episode.

In this week's episode of Galaxy Grid, the hosts break down a ranging market as Bitcoin clears $65k and MicroStrategy executes a $263 million equity sale to build a $3.2 billion reserve, without buying new BTC. The crew also discusses ETH ETF inflows flipping Bitcoin's, the legislative limbo of the Clarity Act, and Base’s major pivot away from social crypto to focus on core trading. Finally, they analyze the $18 million Ostium protocol exploit, institutional TradFi momentum at the Hyperliquid Policy Summit, and the divisive BIP 110 Bitcoin soft fork proposal.

In this week's episode of Galaxy Grid, the hosts unpack a choppy market week as Bitcoin holds steady around $63.7k and Ethereum flashes slight outperformance while crypto ETF flows log their first positive week in nine weeks. The crew details MicroStrategy's massive $460 million equity sale to secure a $3 billion cash runway for extensive dividend coverage without offloading any corporate Bitcoin holdings. Turning on-chain, the team analyzes the sudden liquidity and volume rotation away from Solana into the newly launched Robinhood Layer-2 chain, highlighted by the explosive hundred-million-dollar surge of the "Cash Cat" token and FOMO’s native chain support expansion. Finally, the hosts break down the stagnant state of DeFi lending markets post-RSE exploit, analyze the cooling spot volumes on prediction platforms like Kalshi and Polymarket as a historic summer of sports trading winds down, and tackle the roaring internal Bitcoin governance debate surrounding the controversial BIP 110 spam-filtering soft fork proposal.

In this week's episode of Galaxy Grid, the hosts unpack a volatile post-4th of July week as Bitcoin recaptures the $60k mark despite another unexpected move from Michael Saylor, who offloaded $215 million in BTC as part of MicroStrategy's ongoing Bitcoin monetization framework. The crew analyzes the latest on-chain mania, analyzing how the explosive growth of the "Ansem" KOL token obliterated volume records on the FOMO social trading app and sparked a wave of copycat derivatives on the BNB Chain. Turning to major retail news, the team evaluates Robinhood's massive "The World Is Flat" London showcase, detailing the launch of the Robinhood Chain layer-2 network, direct 24/7 tokenized stock trading, and its strategic perps integration with Lighter. Finally, they tackle the token-vs-equity debate surrounding Venice AI's staggering $100 billion valuation and the unique mechanics of its VVV and Diem compute asset design.

In this week's episode of Galaxy Grid, the hosts dive into a high-stakes week as Bitcoin registers its first weekly close below $60k since late 2024 amidst macro friction and persistent market overhang. The crew deconstructs MicroStrategy’s newly unveiled digital credit capital framework, analyzing the inner workings of its multi-billion-dollar Bitcoin monetization programs, preferred share repurchases, and shifting corporate dividend policies. Turning to on-chain ecosystems, the team examines the historic seven-week negative streak for major crypto assets that sharply contrasts with record-breaking inflows for emerging altcoin ETFs. The hosts also evaluate the sudden explosion of the "Ansem" KOL meme token, debating whether hyper-speculative assets are cannibalizing Solana's milestone tokenized equity volumes. Finally, they dissect Kraken's rumored multi-million-dollar equity acquisition in Aave Group, explore the deep structural tensions brewing between DAOs and corporate service providers amid the ENS governance overhaul, and discuss the emergence of "ETH Labs" as commercial entities step in to fund the future of the Ethereum roadmap.

In this week's episode of Galaxy Grid, the hosts break down a range-bound crypto market as Michael Saylor shores up corporate cash buffers and the New York Stock Exchange's parent company aligns with OKX on tokenized securities. The crew explores Solana's technical renaissance, evaluating upcoming consensus upgrades and fee burn proposals designed to spark an on-chain comeback. Shifting to Ethereum, the hosts analyze the funding debates following the sudden departure of the Ethereum Foundation's co-executive director, alongside a sophisticated $15 million logic exploit that drained the ecosystem's most notorious MEV bot, Jared from Subway. Finally, the team exposes the marketing and ethical controversies surrounding Polymarket's fake trade allegations before evaluating the FOMO app's massive $75 million raise to scale social perpetuals trading.

In this week's episode of Galaxy Grid, the hosts unpack a pivotal week as an unexpected U.S.-Iran peace deal sparks a robust rally across major digital assets. The discussion kicks off with Michael Saylor executing another $100 million Bitcoin acquisition, alongside an on-chain overview of stablecoin liquidity flowing back into Aave and Spark's sticky post-exploit growth. Shifting to the AI frontier, the hosts analyze a massive regulatory roadblock after the U.S. government issued an export control restricting access to Anthropic's new Fable 5 model, cataloging the immediate price surge it triggered across decentralized AI protocols. Finally, the hosts wrap up by examining the historic SpaceX Nasdaq IPO and the resulting lockup friction for on-chain pre-stocks, before debating the real-world utility of Pump.fun's controversial new "Go" bounty platform.

In this week's episode of Galaxy Grid, the hosts analyze a high-stakes week as Michael Saylor and Strategy pivot from their previous test sale to buy an additional 1,550 Bitcoin. The crew dissects the escalating tensions among different tiers of corporate shareholders before analyzing Tom Lee’s launch of a new yield-bearing preferred equity vehicle for Ethereum. Shifting to policy and tech, the hosts discuss the shrinking legislative timeline for the Clarity Act and evaluate a critical counterfeiting vulnerability discovered in Zcash's primary shielded pool using AI-driven code reviews. Finally, the hosts wrap up by breaking down the massive user backlash over Polymarket’s controversial resolution metrics and the structural vulnerabilities plaguing the UMA oracle system.

In this week's episode of Galaxy Grid, the hosts unpack a starkly divided cryptocurrency market where major assets are lagging while selective altcoins reach new highs. The crew breaks down the market's reaction to Michael Saylor and Strategy, moving 411 Bitcoin to Coinbase and executing a test sale of 32 BTC for $2.5 million. They debate the timing of this shift, which follows a massive $12.5 billion net loss in Q1 and is intended to fund dividends on Strategy's newly issued STRC preferred equity. On the regulatory side, the hosts analyze the CFTC's monumental approval of Kalshi's onshore Bitcoin perpetuals, which introduces legal crypto perps to the U.S. and opens a pathway for Deribit perps via Coinbase. Finally, the team looks at global market structure as they analyze Binance's new zero-commission traditional stock trading platform and the network health of the Sui blockchain following a series of major outages.

Keep in touch: