Crypto Update: Russia Bans Mining, Coldcard Panic, Trump Media Sells BTC & BNB Chain Sues

Crypto Update: Russia Bans Mining, Coldcard Panic, Trump Media Sells BTC & BNB Chain Sues


Russia just expanded its crypto mining ban to Moscow, Moscow Region & parts of Kursk.

Effective Aug 15, 2026 to Dec 31, 2032.

Reason: protect the power grid from overload (734 MW already tied to data centers).

https://cointelegraph.com/news/russia-expands-crypto-mining-ban-moscow-2032

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Minnesota’s crypto ATM ban took effect on Aug 1, 2026, after residents lost about $1 million to kiosk scams from 2023–2025, mostly seniors.

Operators must shut down machines immediately and remove them by Dec 31.

The move follows similar bans in Tennessee and new restrictions in Georgia, Delaware and New Jersey.

https://cointelegraph.com/news/minnesota-crypto-atm-ban-losses-scams

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Coldcard hack triggers biggest sub-1 BTC transfer day since FTX: 39,600 BTC moved as users rush to protect funds.

Estimated losses now ~1,367 BTC ($88.6M) across 4,585 addresses, with the attack still active.

https://cointelegraph.com/news/coldcard-biggest-sub-1-btc-transfer-ftx-cryptoquant

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Trump Media sold another 2,628 BTC (~$165M) to Crypto(.)com, bringing 7-month sales to 7,281 BTC.

Holdings now stand at 4,261 BTC (~$270M), down 63% from peak, with total estimated losses around $555M.

https://cointelegraph.com/news/trump-media-2628-btc-crypto-com-4261-btc-holdings

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BNB Chain is taking legal action against a former employee who allegedly used a company tutorial wallet to launch the Asteroid Shiba (ASTEROID) memecoin without authorization.

The ex-employee reportedly controlled 79.67% of the supply and sold tokens worth about $638,000.

BNB Chain says it did not create, endorse or control the token.

https://cointelegraph.com/news/bnb-chain-legal-action-ex-employee-memecoin

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Strategy keeps its preferred STRC dividend at 12% for August, even though shares closed July at $89.46, still below the $100 par value.

The company has built a $3.75B cash reserve to support payouts and plans to keep buying STRC while it trades under par.

https://cointelegraph.com/news/strategy-leaves-preferred-strc-dividend-at-12-price-still-below-par

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Crypto Recap: Tether Prints Billions, Pump.fun Backlash, Coldcard Breach

https://www.publish0x.com/the-king-of-crypto/crypto-recap-tether-prints-billions-pumpfun-backlash-coldcar-xqvdeld 

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FreedomBuilder
FreedomBuilder

Crypto investor, trader & holder, looking for to build my freedom with the Blockchain technology.


Trading The King of Crypto
Trading The King of Crypto

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