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Binance lost an estimated $6.3 billion after an attacker got in through one engineer's laptop, the same playbook that hit Bitget a month earlier. Plus the NYSE's owner wants Hyperliquid perps in the US, Keystone is destroying 18,000 wallets, and Bitwise raises its 2036 target to $1.6M.
Two critical PHP flaws put an estimated 70% of websites at risk, Next.js and Railway got hit the same week, and Brandon flies solo to sort out what it means for your Bitcoin. Plus JPMorgan forecasts Bitcoin beating stocks and gold, Strive launches SATS, and the McRib is back.
Days after spy-chipped devices from one of its resellers drained Ledger users, Ledger unveiled a phone. Plus three Canadian soldiers are charged in the kidnapping of a crypto exchange owner, the OCC confirms Operation Choke Point 2.0 was real, and Binance shuts down its mining pool.
Strike named its new savings buckets "Stacks," and when Brandon pointed out Stacks already exists, a Strike team member called it an affinity scam. Plus Treasury withdraws the unhosted wallet and mixer rules, the CFTC builds a federal crypto license without Congress, and Robinhood buys Bitcoin.
Hackers used zero-day flaws in Bitget's third-party security tools to make $387M in withdrawals look like internal transfers, and a $464M protection fund made every user whole. Plus Muneeb takes over Stacks Labs, Anchorage clients can stake Bitcoin, and we ask whether a fruit fly brain can mine Bitcoin.
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The Clarity Act failed its cloture vote 49 to 50, and Polymarket now gives it 8% this year. Brandon argues two-thirds of the crypto market already has its clarity; Kate warns agency rules can be undone by the next administration. Plus tokenized stocks get an SEC exemption and Revolut gets breached.
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A dormant bug in Liquid's confidential transactions let an attacker mint roughly 4,000 BTC nobody could see, then bridge it out. They returned 3,400, kept 600, and are negotiating with Blockstream in OP_RETURN messages. Plus Trezor's leak grows to 80,000 customers, the Stacks Genesis Bond sells out in 24 hours, and Brian Armstrong calls $400K Bitcoin by 2030 reasonable.
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Critical vulnerabilities in Core Lightning have node operators going offline while a two-week embargo holds, and they were surfaced by AI-generated bug reports that proved real. Plus the first quantum-resistant Bitcoin transaction mined on mainnet, Coinbase's Bitcoin-backed mortgage goes nationwide, Pakistan's full crypto licensing framework, and Strategy adds $1.59B to its reserve.
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The Treasury yield hit 5.34%, its highest since 2007, and the Treasury answered by doubling its long-end bond buybacks. Bitcoin surged 7% in a day, its biggest move since March. Plus Bullish IPOs holding more BTC than Coinbase, MetaPlanet's US landing as SuperPlanet, the SEC's new crypto exemptions, and OrdinalsBot winds down.
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One week after Coldcard, Trezor got hit too: a shipping partner leaked nearly 12,000 customers' home addresses, phones, and emails. Plus BIP 110's two-block death, the Coldcard theft numbers, Tether's KPMG audit, and BlackRock's $1M door into IBIT.
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From the publisher's feed
Good For Bitcoin is a weekly show recorded live every Friday where we recap events of the week and talk about everything good for Bitcoin. If it’s built on Bitcoin, then it’s Good for Bitcoin!