The attacker behind the third wave of Coldcard hardware-wallet thefts moved 97.09 BTC (~$7.7M), 45% of that wave's haul, out through THORChain on September 2 and into CoinJoin rounds over the weekend, methodically draining the largest of 293 compromised vaults first.
why it mattersThe exploit stems from a Coldcard firmware flaw disclosed in late July; Coinkite has patched it, but affected users still need to move funds to new seeds.
CoinDesk
Bitcoin's network hashrate held near 934 EH/s, just under the 1 ZH/s threshold, while difficulty rose 1.31% to 127.45T and hashprice jumped 22% from $32.42 to $39.63 alongside bitcoin's price gains, with fees contributing under 0.5% of miner rewards.
why it mattersMiner profitability is still almost entirely a bet on price, not transaction fees, even as the network approaches a hashrate milestone.
Bitcoin.com News
As rising government bond yields rattled markets, bitcoin's 90-day correlation with gold's daily returns climbed to 0.59, the highest since the pandemic-era money-printing period, while BTC buyers turned to net selling for the first time since early June after failing to clear $83,000 resistance.
why it mattersA rising gold correlation is often read as a sign bitcoin is trading more like a macro hedge and less like a pure risk asset.
CoinDesk