AGP Executive Report
Last update: 24 minutes agoBitcoin Security: Coldcard’s firmware flaw fallout keeps growing, with stolen funds now pegged around $75M as attackers hit thousands of wallets, while CZ urges users to diversify and migrate off affected seeds. ETF Momentum: Morgan Stanley launched new Ethereum and Solana ETFs with a low 0.14% fee, and Bloomberg’s Balchunas says the Coldcard incident strengthens the case for spot Bitcoin ETFs for long-term holders. Self-Custody Shift: For the first time, self-custody fell to about 49% of supply (from ~78% in 2022), as ETFs and corporate treasuries absorb more BTC. Regulation Watch: Cyprus fully moved under MiCA on July 1, tightening who can offer crypto services, and the U.S. Clarity Act ethics fight remains the biggest hurdle. Stablecoins: Stablecoin supply dropped about $15B since May, led by USDT and USDC, as tokenized treasuries gained. AI x Crypto Mining: Big Tech’s AI capex surge is reshaping the mining hardware and power-demand story, while AI tools are also showing up in unexpected wallet recovery wins.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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