galaxy

According to monitoring by Galaxy's research director, Coldcard hackers are still active, and one hacker stole a key generated by increasing entropy through 5 dice rolls.

Samsung Electronics has launched the passport-type foldable smartphone Galaxy Z Fold8 this year, and the supply of display driver chips (DDI) is tight. The demand for Z Fold8 has exceeded expectations, and Samsung is increasing component orders. However, this DDI is designed by Samsung's System LSI Division and produced by Taiwan's foundry UMC using a 22-nanometer process, which has reached its production capacity limit, making it difficult to advance the production schedule.Industry insiders say that UMC's 22-nanometer production line is also manufacturing other chips, and Samsung's request for super urgent service was rejected. Samsung plans to prioritize the DDI quantity originally reserved for development next year for mass production this year. The typical time from wafer to finished product takes about 4 months, and the finished product is then assembled after being bonded with Samsung's OLED. Samsung is also increasing orders for hinges and ultra-thin glass (UTG). The demand for Z Flip8 is in line with lower expectations, and Apple also plans to launch a passport-type foldable product in the second half of this year.

On August 25, Galaxy launched the GalaxyOne Crypto Portfolio Line of Credit (PLOC) product for eligible U.S. customers. Users can pledge BTC, ETH, and SOL (including staked SOL) to borrow cash within a single revolving credit limit, without having to sell any crypto assets. The product has no initiation fees, features a variable annual interest rate of 8.99%, and a 50% initial loan-to-value ratio, meaning that $100,000 in pledged assets can borrow approximately $50,000.Galaxy stated that the value of the pledged assets will be continuously monitored, and warnings will be issued in advance if the assets decline; withdrawals are typically credited instantly, and funds can be used on the platform or withdrawn as USD and USDC stablecoins. The staked crypto assets will not be re-pledged or lent out, and staked SOL can continue to earn rewards while being used as collateral. Zac Prince, Managing Director of GalaxyOne, stated that with Galaxy's institutional infrastructure, they are able to launch this product with competitive rates, security, and flexibility.This product is offered by GalaxyOne Lending LLC in 40 states, excluding California, Delaware, Idaho, Indiana, Minnesota, Mississippi, Missouri, Nevada, and South Dakota. This move is seen as an attempt to restart retail crypto lending on a regulated track after the collapses of Celsius, BlockFi, and Voyager in 2022, contrasting with the model of freezing customer funds and forced liquidations that year.

Galaxy Research tracked and found that 6 Bitcoin wallets that have been inactive since 2011, 2012, and 2014 transferred a total of 553.59 Bitcoins between August 16 and 26, valued at 40.15 million dollars based on the price at the time of transfer. Two of the wallets are tagged with "Salomon Client Dusted," related to the Noah Doe lawsuit in New York.One of the transfers involved 40 Bitcoins, with the wallet having been dormant since May 28, 2012. The funds were transferred to the German cryptocurrency custody bank Boerse Stuttgart Digital on August 26. Based on a cost of about 5 dollars, this fund has increased by approximately 1,535,911%. The remaining transfers included 212, 150, and 132.31 Bitcoins, respectively from long-inactive wallets from 2012, 2014, and 2011. The Noah Doe lawsuit involves a request to declare 39,069 dormant Bitcoin addresses in New York as lost property, and some long-term holding addresses transferred funds after the Coldcard hardware wallet vulnerability incident in July.

According to The Block, Galaxy has launched a portfolio credit product backed by crypto assets, allowing eligible GalaxyOne clients to borrow cash using BTC, ETH, and SOL as collateral without selling their holdings.This revolving credit line uses a combination of qualified assets as collateral, enabling clients to obtain liquidity for daily expenses or investment needs while continuing to hold their crypto assets.

According to Cointelegraph, Galaxy Research has updated the tracking data of the Coldcard hardware wallet attack, confirming that 1,789.28 BTC (worth approximately $114.7 million at the time of the incident) was stolen from 8,865 addresses. Alex Thorn, head of Galaxy Research, stated that 87.3% (approximately 1,561 BTC) remains unspent in addresses controlled by the attackers, with all Bitcoin stolen in the first three waves of attacks still untouched.In subsequent attacks, some Bitcoin has been transferred through CoinJoin mixing transactions and small splits. The statistics are based on 221 victim reports, covering losses of 790.72 BTC, with a median loss of 1.04 BTC, and more than half of the reports involve losses exceeding 1 BTC. Galaxy has shared the attackers' addresses with exchanges, compliance companies, and law enforcement agencies, hoping that funds can be frozen when they flow into centralized intermediaries.

Galaxy Research tweeted that its running Bitcoin Core v29 node observed an orphan block at block height 963,853. Relevant monitoring screenshots have been released.An orphan block typically refers to a valid block that was not adopted by the longest chain due to reasons such as network propagation delays or miners producing blocks almost simultaneously. This event was captured in real-time by the node of Galaxy Research and disclosed to the public.

The research director of Galaxy posted on the X platform stating that even with a high probability of witch nodes, the peak proportion of BIP-110 nodes is only about 20% of the entire network.He mentioned that it is quite ridiculous to see Mechanic and others so shocked by the failure of BIP-110; even accounting for this approximately 20%, its hash power proportion is still far from sufficient, the scale of hash power is very small, and the node proportion is only about one-fifth, still a long way from the target.

According to Catcher Predict monitoring, in the predicted market Polymarket for the event "Dota 2: Nigma Galaxy vs BoomBoys - International Invitational Playoffs," the "Nigma Galaxy" option in the sub-market "Game 2 Winner" has experienced significant fluctuations in winning probability, soaring from 40.5% an hour ago to the current 64.5% (a fluctuation of 24%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, in the predicted market Polymarket for the event "Dota 2 Yandex vs Nigma Galaxy International Season Playoffs," the "Yes" option win rate in the sub-market "Both teams defeat Roshan" has experienced a sharp fluctuation, dropping from 50% an hour ago to the current 33.5% (a fluctuation of 16.5%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, in the predicted market Polymarket for the event "Dota 2: Nigma Galaxy vs Team Falcons - The International Playoffs," the "Yes" option in the sub-market "Ends During the Day" has experienced a dramatic fluctuation in win rate, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of related breaking news.

Galaxy Research Director Alex Thorn posted on the X platform, stating that today, the retail buying inclination for BlackRock's Bitcoin exchange-traded fund IBIT reached its highest level in two years.

Galaxy Research released the Q2 2026 Crypto Leverage Market Report, showing that the total amount of crypto collateralized lending decreased by 16.78% month-on-month to $56.16 billion, down 40.13% from the Q3 2025 peak of $78.69 billion. Among them, DeFi lending shrank by 27.61% month-on-month to $20.43 billion, while CeFi borrowing decreased by 9.62% month-on-month to $22.98 billion, marking the first time since Q3 2023 that CeFi volume has surpassed DeFi. Tether continues to dominate the CeFi market with a 58.54% share.The report points out that the current deleveraging differs from previous bear markets in its "orderly and moderate" pace: with consecutive quarterly declines of only 10%, 5%, and 17%, rather than the cliff-like collapse of over 55% in a single quarter as seen in 2022. In the futures market, open interest in Q2 slightly decreased by 3.08% month-on-month to $103.2 billion, but rebounded to about $114 billion in July. Regarding institutional corporate debt, Strategy completed a $1.5 billion debt buyback in May, reducing the total outstanding debt in the DAT industry to $16.1 billion. The report believes that if the market does not experience severe liquidations or counterparty defaults, deleveraging is expected to continue in a gradual step-down pattern.

According to the monitoring by the head of Galaxy Research, attacks targeting Coldcard are still ongoing. Users who continue to use Coldcard should remain vigilant and verify their device settings.They continue to assist victims and gather intelligence about the attackers, and they express hope that victims seeking help to track stolen funds can contact them via private message.

Galaxy Research analyst Alex Thorn pointed out that as the likelihood of the CLARITY Act passing in 2026 significantly decreases, the U.S. SEC and CFTC are intensifying independent cryptocurrency regulatory actions. The bill previously gained bipartisan support in the Senate Banking Committee but has stalled due to unresolved ethical rules for officials regarding cryptocurrency, pressure from community banks leading to some Republican positions softening, and disputes over developer protection clauses. The Senate Majority Leader failed to push for a vote before the August recess, and the September session is only about two to three weeks long, leading Galaxy to lower the probability to 10%.On the SEC side, the originally planned "Reg Crypto" exemption (which provides a new path for primary issuance of crypto assets) and "Innovation Exemption" (which allows tokenized securities to trade in DeFi secondary markets) have been postponed multiple times. It is reported that the agency had retreated due to opposition from the traditional securities industry, but may restart due to the bleak outlook of the bill, with text expected to be released in the coming weeks to months. These measures are likely to be time-limited sandboxes that will face litigation and require years to refine. The CFTC is actively advocating for jurisdiction over prediction market contracts, responding to the New York Attorney General's attempt to issue an emergency order to ban Kalshi event contracts nationwide, continuing the tug-of-war over federal and state jurisdiction regarding prediction markets.Thorn believes that while the bill covers a comprehensive framework including registration licensing, compliance monitoring, and consumer protection, it is currently more dominated by political factors. SEC Commissioner Hester Peirce's planned departure in November also adds urgency to the advancement of the rules. The related actions aim to fill the legislative vacuum but may ultimately undergo a lengthy judicial and rule-making process.

According to the monitoring by the head of Galaxy Research, it has communicated with over 190 victims of Coldcard vulnerability attacks and has asked victims who have not yet contacted them to reach out via private message so that they can provide tracking information and assist in reporting losses to the relevant authorities.Since August 6, no new attack incidents have been confirmed, but this does not mean that new attacks will not occur, and vigilance is required.

According to Catcher Predict monitoring, in the prediction market Polymarket for the event "Dota 2: LGD Gaming vs Nigma Galaxy - International Invitational Group Stage," the option "LGD Gaming" in the sub-market "Game 2 Winner" has experienced a drastic fluctuation in winning probability, dropping from 49.5% an hour ago to the current 16% (a fluctuation of 33.5%). Please note the impact of relevant breaking news.