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Galaxy Research stated that Ethereum and Solana are re-evaluating their token issuance mechanisms, with the core issue being how to balance the token budget required for network security with long-term supply pressure. Adjusting the inflation rate may have an impact.

According to Lookonchain monitoring, a newly created address received 1,346 BTC from GalaxyDigital, worth 87.28 million USD.

Nasdaq-listed company Sharplink, Inc. (stock code: SBET) and Galaxy Digital Inc. (stock code: GLXY) jointly announced the launch of the Galaxy Sharplink Onchain Yield Fund, LP. This institutional-grade fund is managed by Galaxy, with an initial committed capital of $125 million, of which $100 million comes from Sharplink's staked ETH treasury and $25 million from Galaxy.The fund will deploy capital into decentralized finance and on-chain yield strategies, marking a new model for corporate treasuries to shift from passive holding to active participation in on-chain markets. Galaxy stated that this move expands the company's asset management platform to institutional-grade on-chain strategies.

According to a post by Galaxy Research, as of now, approximately 1719 BTC have been confirmed stolen in the Coldcard hardware wallet vulnerability attack, valued at around 111 million USD. Several other transactions are still under verification, and the total loss is expected to exceed 130 million USD. If the unverified portion is ultimately confirmed, the scale of theft could reach over 2300 BTC. In addition, collaborating researchers have received reports from more than 250 victims. Based on the loss situation from the first three waves, most victims are ordinary Bitcoin holders rather than whales.Galaxy Research stated that it is currently tracking over 25 independent attack patterns, including the previous first to third waves, indicating that multiple different threat actors are actively exploiting the vulnerability. All addresses corresponding to the stolen coins were created after the affected firmware was released on March 17, 2021. There is currently no evidence that the vulnerability affects other signing devices or wallets outside of the Coldcard Mk3, Mk4, Mk5, and Q series firmware released after that date.

The Galaxy research director posted on platform X, stating that please continue to share your victim experiences with him via private message. His private messages are full, with over 200 Coldcard victims having contacted him. He is categorizing them using clanker and will eventually reply to everyone.He stated, "You will get through this, Bitcoin will get through this, we will not leave."

Galaxy Digital (Nasdaq: GLXY) released its Q2 2026 financial report, reporting a net loss of $85.31 million, significantly narrowing from a loss of $216.3 million in Q1, mainly affected by the decline in digital asset prices; adjusted EBITDA was a loss of $77.26 million; as of June 30, total equity was $2.72 billion, with cash and stablecoin holdings of $2.459 billion.In terms of business segments, the digital asset department reported an adjusted gross profit of $65.71 million, a quarter-on-quarter increase of 34%, with the number of trading counterparties reaching 1,741, a quarter-on-quarter increase of 3%, and an average loan balance of $1.438 billion, remaining basically flat quarter-on-quarter, with new loan issuance increasing quarter-on-quarter; the company also launched an OTC prediction market product this quarter, supporting institutional clients in executing multi-asset hedging strategies around event-driven markets. In asset management, the total managed and pledged assets at the end of Q2 were $7.1 billion, a quarter-on-quarter decrease of 12%; this quarter, the Galaxy Fintech Fund long-short hedge fund was newly launched, and a joint venture with State Street was established to launch the tokenized private equity liquidity fund SWEEP.The data center department achieved profitability for the first time this quarter, with an adjusted gross profit of $20.14 million and adjusted EBITDA of $11.49 million. The first phase of the Helios data center park, with a critical IT load of 133 MW, has been fully delivered to CoreWeave, and it is expected to contribute approximately $8 million in rental income each quarter starting from Q3, with project-level adjusted EBITDA profit margins expected to exceed 90%.In terms of corporate progress, on July 28, Galaxy issued $3.5 billion in senior secured notes through its subsidiary to fund the second phase of Helios construction; subsequently, it acquired three new sites in Texas (Merlin, Caspian, Selene), with a total potential installed capacity of approximately 2.1 GW, bringing the company's overall power pipeline scale to over 5.7 GW. Additionally, Galaxy signed a multi-year cooperation agreement with BNY to support the staking services of BNY's digital asset custody platform.

Analysts say that Samsung is accelerating its layout of digital asset infrastructure, planning to provide native stablecoin functionality to approximately 800 million Galaxy smartphones through Samsung Wallet, which is expected to become an important distribution channel for stablecoins like USDC. It is reported that Samsung announced at the Galaxy Unpacked 2026 event that it will integrate stablecoin-related features into future devices, including savings and payment accounts linked to fiat currencies. Currently, Samsung Wallet covers 61 countries, with nearly 19 million users in South Korea.Joseph Goh, head of the Asia-Pacific region for crypto investment bank Areta, stated that the core bottleneck for the widespread adoption of stablecoins is not liquidity, but user accessibility. "Distribution channels are the scarce asset, and Samsung has a large number of user entry points." He believes this move could propel Samsung to become a major distributor of stablecoins like USDC. This is not Samsung's first foray into the crypto space. The company launched a digital asset wallet through the Knox security module back in 2019, supporting users in storing assets like Bitcoin and Ethereum, and connecting to Ledger hardware wallets. Additionally, Samsung is strengthening its digital asset infrastructure layout. Samsung SDS CEO Lee Joon-hee previously stated that the company’s investment in Dunamu, the operator of South Korea's largest crypto exchange Upbit, is an important strategic layout for entering the digital asset infrastructure field, including stablecoins and AI payments. In May of this year, Samsung Securities, Samsung SDS, and Samsung Card agreed to acquire approximately 4% of Dunamu, Upbit's parent company, for about $408 million. Analysts believe that Samsung Wallet is responsible for providing user distribution entry points, while infrastructure layouts like Dunamu are responsible for underlying transactions and asset services, suggesting that Samsung may be building a complete ecosystem covering stablecoins, payments, and digital asset services.

According to CoinDesk, financial services company BNY announced on Tuesday that it plans to add staking services to its digital asset custody platform in collaboration with digital asset company Galaxy.This service will allow institutional clients to earn staking rewards without moving their assets out of the BNY custody system. BNY's move is the latest action to expand blockchain services for institutional investors.

According to monitoring by the head of Galaxy Research, less than 1 BTC was stolen overnight through a victim's report, identifying a new attack where the attacker transferred 12 BTC from 126 addresses, with the attack footprint marked as "footprint O."

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Canadian Open: Alexis Galarnau vs. Vite Kopriva," the sub-market "Total Rounds: Greater/Less than 2.5" saw a dramatic fluctuation in the win rate of the "Greater than 2.5" option, plummeting from 50% an hour ago to the current 11.5% (a fluctuation of 38.5%). Please note the impact of related breaking news.

According to monitoring by Galaxy's research director, a suspected organized Coldcard attack is occurring, with similar transactions still waiting for confirmation in the mempool. Previously confirmed transactions show RBF enabled. During the period from block 960,778 to 960,792, 218 transactions occurred within approximately 2.5 hours, involving 462 victim addresses, 216 new destination addresses, and 388.92748828 BTC; all transactions had no inputs earlier than the Coldcard firmware boundary.The clearing rate per block during this period was 13.8 times, compared to a pre-incident control window of 0.3 times per block, approximately 45 times higher. The transaction topology was 1:1, with each victim address corresponding to a new destination address, and only one destination address received two clearings, with no aggregation addresses appearing. Some funds have been cleared to second-hop addresses.

Galaxy Research Director Alex Thorn stated that the attack incidents surrounding the Coldcard wallet are still evolving, with more small attackers and imitators emerging, targeting the remaining Coldcard recovery phrases.Alex Thorn mentioned that by assisting in confirming the identity of a user whose deposits were involved in the attack, the related funds had already been transferred out before they could be frozen on the Duel platform, and the funds involved do not belong to the three main waves of attacks previously identified by Galaxy Research.Previously, the Bitcoin hardware wallet Coldcard was attacked, and the stolen funds have risen to 1367.05 BTC, worth approximately 8.86 million USD, involving 4585 addresses. Galaxy Research Director Alex Thorn stated that the attacks are still ongoing, and users who have not yet migrated their funds should immediately transfer their assets out of the addresses generated by Coldcard.

Galaxy Research Research Director Alex Thorn stated that the attack targeting Coldcard wallet address generation is still ongoing. They are currently continuing to collect victim information and adding new victim addresses and attacker addresses to the investigation database.If users are still using affected Coldcard single-signature addresses, they should immediately migrate their funds. According to current investigation results, all single-signature Coldcard addresses generated after the firmware upgrade in March 2021 may ultimately be emptied by attackers; it is just a matter of time.According to Galaxy Research's analysis, the first three confirmed rounds of attacks exhibit highly programmatic characteristics, with similar attack transaction patterns. A large amount of stolen Bitcoin remains in the attackers' addresses and has not yet been transferred.At the same time, some new opportunistic attackers are emerging, transferring and laundering funds through methods such as stripping the funding chain, cross-chain services (like ThorChain), and overseas betting platforms.Additionally, Alex Thorn mentioned the limitations of AI tools in security investigations. Some large language models in the United States have restricted researchers' ability to track stolen funds, and the team has even had to turn to Chinese open-source AI models to assist in protecting user assets and conducting on-chain tracking.He finds this phenomenon "incredible" and plans to promote discussions on related issues at the government and industry levels. Alex Thorn concluded by stating that a large amount of stolen funds remains stagnant, and the team is continuously tracking relevant addresses, having shared information with relevant U.S. agencies and industry partners. He calls on the Bitcoin community to learn from this incident, strengthen self-custody security education, and raise awareness of wallet complexity.

Galaxy Research Research Director Alex Thorn tweeted that among a Coldcard attack victim holding nearly 30 BTC, 17 BTC were split and converted to ETH via THORChain, and then deposited into the offshore betting platform Duel.com.Upon tracking, this portion of funds corresponds to approximately 229.72 ETH (worth about $445,000). The victim and the research team have emailed all known addresses of Duel.com, providing all transaction and deposit information and requesting to freeze the funds, but the response stated that the victim should have the police contact them, even though the platform's anti-money laundering policy claims it implements KYC and complies with relevant laws.Thorn stated that this response is unacceptable, and most of the Western regions have passed midnight, meaning the police report cannot be advanced until at least Monday; he believes that if the platform refuses to freeze the funds after receiving notification that they originated from an ongoing cyber attack, it constitutes complicity in theft.Since Duel.com's X account has been banned, Thorn turned to @ several individuals associated with the platform, urging them to push the platform to take the correct actions, and stated that if the funds are not frozen, the platform will face significant legal action.

According to monitoring by Bitcoin News, Galaxy has identified a third wave of COLDCARD attacks, with estimated losses now exceeding 88 million dollars.If users still hold funds in any model of ColdCard after 2020, it is recommended to transfer BTC immediately.

According to The Block, cryptocurrency financial company Galaxy Digital announced that it has acquired approximately 500 acres of land in McGregor, Texas, for the construction of its second large AI and high-performance computing (HPC) data center campus in the state. The project will be advanced in collaboration with the city of McGregor and local partners, with an initial planned capacity of 74 MW, expected to receive power supply by 2028, and plans to expand to hundreds of megawatts by 2030.Galaxy expects that the project will increase the local tax base in McGregor by at least $130 million. Galaxy CEO Mike Novogratz stated that the company has validated the model of long-term cooperation between private data centers and rural communities at the Helios data center in Dickens County, Texas over the past few years, and the new campus will be the next step in Galaxy's strategy to build a multi-campus data center business. Previously, Galaxy acquired the Helios Bitcoin mining campus in West Texas in 2022 and gradually shifted towards AI and high-performance computing business. Currently, the Electric Reliability Council of Texas (ERCOT) has approved Galaxy to expand Helios to a capacity of 1.63 GW, which has been leased by AI cloud computing company CoreWeave for 15 years.

According to Onchain Lens monitoring, BitMEX founder Arthur Hayes (0x6cd...7e21) received 5 million USDC from Galaxy Digital OTC Desk.

Galaxy Research Director Alex Thorn posted on the X platform that the second quarter's dormant Bitcoin awakening volume hit a new low since the third quarter of 2022, significantly decreasing from the high levels of 2024 and 2025.

According to monitoring by Lookonchain, a mysterious whale bought 27,000 ETH ($52.03 million) through over-the-counter trading with Galaxy Digital 4 hours ago after being silent for 3 months.

According to Onchain Lens monitoring, a newly created wallet withdrew 74,900 HYPE from Galaxy Digital, worth approximately 4.39 million USD, and transferred it to Coinbase, suspected to be for sale.