Analysis Archive – Page 49

China Overtakes the US With 38% of Global Fintech Patent Filings
China now accounts for 38% of global fintech patent filings after a 10-fold jump in a decade, overtaking the US, per a Nikkei report. The rails race is on.

BonkDAO Loses $20M as Attacker Buys $4M of Votes and Drains the Treasury
An attacker bought $4M of BONK, pushed a malicious proposal through BonkDAO's token-weighted vote, and drained $20M from the treasury. The vote was valid.

Former Tether CIO Hires PJT Partners to Sell Part of His 1.26% Stake
Richard Heathcote, Tether's ex-CIO, is working with PJT Partners to sell part of his 1.26% stake. At the $500B valuation Tether floated, that slice is worth billions.

Oobit Adds Direct Litecoin-to-Bank Transfers, No Swap Step Required
Oobit users can now send Litecoin straight to a bank account with no stablecoin or fiat conversion step first. Fees and country coverage are not yet published.

White House Says It Is Structuring the Bitcoin Reserve. Two Agencies Want It
The White House says the US is working to structure its Strategic Bitcoin Reserve. Bloomberg reports two departments are fighting over who gets to run it.

Strategy Sells 3,588 BTC for $216M, Its First Major Bitcoin Sale
Strategy sold 3,588 BTC for $216M to fund preferred dividends, its first large-scale sale ever. Holdings drop to 843,775 BTC as the math trap tightens.

Strategy's Bitcoin Math Trap: Saylor's Flywheel Is Now Running in Reverse
WSJ says Strategy is caught in a math trap: 847,363 BTC underwater, mNAV near 0.80, and a $1.2B annual preferred dividend bill. The flywheel has reversed.

South Korea Writes Formal Rules for Court-Ordered Crypto Seizures
South Korea's Supreme Court proposed Civil Execution Rules for seizing and liquidating crypto, letting courts convert illiquid tokens to Bitcoin from October 2026.

Ripple Lands Full MiCA CASP License via Luxembourg's CSSF
Ripple received its EU CASP license from Luxembourg's CSSF on July 6, making it fully MiCA-compliant and able to passport crypto services across the EEA.

Ill Bloom Seed Flaw Exposes 2,114 Wallets, $5M Already Drained
Coinspect discloses Ill Bloom, a weak-randomness flaw in seed phrase generation across Bitcoin, Ethereum, Tron and more. $5M drained since May 27. How to check.
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