In the past hour, total liquidations across the network reached $10.05 million, with $855,198.39 from long positions, with $9.20 million from short positions. BTC liquidation $216,085.6, ETH liquidation $757,495.05.

According to Odaily Planet Daily, as of July 31, the U.S. Senate had not yet submitted a motion to advance the Digital Asset Market Clarity Act, the first procedural step required for the bill to progress in the Senate. The Senate will enter its summer recess in a week, leaving limited time to process the remaining agenda items in August. Industry insiders suggest that a procedural vote this week could provide a procedural basis for the Senate to consider the bill when it reconvenes in September.

According to Bitcoin News, the largest collection address of the COLDCARD attackers, holding 562 BTC, received a dust transaction containing the message OP_RETURN, offering money laundering services on a 10% commission basis. The sender spent 0.002347 BTC, sending only 1590 sats to the attacker and returning the remaining funds to the change address. The cost of this advertisement was approximately $1.30. The OP_RETURN message included the Telegram account of the solicitor, but Bitcoin News did not publish this account, and there is no evidence to prove that the advertising account is real. The stolen Bitcoin has not been moved; this transaction indicates that someone contacted the attackers, but it is not evidence that the attackers were already laundering money.

Odaily Planet Daily reports that a seed generation randomness vulnerability in Coinkite's Coldcard wallets has led to the theft of over 1,000 BTC by attackers in the past two days. Galaxy Research data shows that as of 5:36 PM ET on Saturday, the incident involved 1,367 BTC, resulting in losses exceeding $88 million. To notify potentially affected users, Coinkite sent security alerts to email addresses registered through its store and newsletter systems since 2019. Coldcard confirmed the emails originated from Coinkite and stated it had contacted all reachable addresses. Coinkite has faced criticism for retaining customer email data. The company stated that its public policy retains purchase email addresses so customers can log in and check that other information has been cleared, but did not specify a deletion schedule, stating these addresses would be retained "temporarily." Coinkite co-founder and CEO Rodolfo Novak previously stated that the company does not store customer information, deletes customer data 90 days after purchase, and offers anonymous purchase options.

Odaily Planet Daily reports that Bitcoin News, in an article published on the X platform, stated that users have reported that the new COLDCARD firmware upgrade has bricked some devices. Before upgrading the firmware, please safely transfer all funds out of your wallet.