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Coldcard exploit sparks Bitcoin flight, ‘bullish’ crypto consolidation: Hodler’s Digest, August 2

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The “sickening” loss of $90 million of Bitcoin from cold storage weighs heavily on sentiment, as the Clarity Act stalls with just five days left to hold a Senate vote.

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Initia confirms second exploit in 3 weeks, $3.27M stolen in latest attack

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Initia said an attacker exploited compromised cloud credentials to move $3.27 million in crypto assets, with about $2.16 million remaining frozen on its halted network.

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Across Protocol restores website after hackers hijack domain

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The cross-chain bridge said a social engineering attack targeting domain registrar Namecheap allowed hackers to redirect users to a phishing site.

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Crypto ally Tom Emmer elected House GOP minority whip

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The Minnesota lawmaker, who helped establish the Congressional Crypto Caucus, will stay on as Republican whip after Democrats won the midterms.

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