Bitcoin Holds Strong Above $64,500 as Short Liquidations Plummet

A critical vulnerability in Coldcard firmware, one of the most respected hardware wallets in the market, has exposed a fundamental flaw in seed generation since 2021, putting thousands of users' funds at risk. The Coldcard team has issued an urgent alert recommending immediate migration of all assets to prevent potential financial losses. This incident serves as a stark reminder of the importance of rigorous security audits in open-source projects, particularly when it comes to cryptocurrency management. The flaw, while not actively exploited, represents an existential risk for anyone entrusting their digital wealth to the device.

Hyperscale has made a significant move by selling its Bitcoin holdings to fund an artificial intelligence (AI) business, which internal projections indicate will deliver less than 20% of the company's total revenue by 2027. The approximately 4.9% variable-rate position leaves critical details such as exact collateral amount, current LTV, and liquidation threshold undisclosed, raising concerns among investors about risk management. This reallocation strategy from cryptocurrency markets to the AI sector reflects a growing corporate diversification trend but also raises questions about the AI project's valuation and long-term financial sustainability.

Micron Technology (MU) stock shows remarkable resilience in the semiconductor market, posting a significant rebound despite a broader memory-chip selloff. This movement reflects investor confidence in AI-driven demand, highlighting a crucial inflection point for the tech sector. The recovery comes amid growing volatility in the memory chip market, signaling shifting dynamics in semiconductor investments.

The presence of tokenized assets like MUon adds a new layer of complexity to market dynamics, creating both opportunities and challenges for traditional traders and crypto investors. Micron's defiance of the broader selloff demonstrates how fundamental factors such as data center expansion for AI and demand for high-performance chips are reshaping the future of tech stocks and the emerging market for tokenized equities.

In a feat that defies Bitcoin's mathematical probabilities, a solo miner solved block height 960804 on Aug. 2, 2026, at 02:11 UTC, earning the full block reward of approximately 3.1569 BTC, worth roughly $200,000 at the time. Solo mining, considered extremely unlikely due to the increasing centralization of mining power, proved that it's still possible for individuals to earn substantial rewards without joining traditional mining pools.

The payout went to a Bitcoin address tied to CKPool, a solo mining service that lets people point their equipment at shared infrastructure without needing to run full nodes. This event highlighted CKPool's fundamental importance to Bitcoin network decentralization, as it democratizes mining access and keeps alive Satoshi Nakamoto's original promise of a truly peer-to-peer distributed network. The $200K win serves as a powerful reminder that despite increasing difficulty, solo mining remains a viable path for direct participation in the network's security and governance.