# Strategy Sells Bitcoin, Coldcard Breach Tops $90M, CLARITY Act Stalls Again *Coldcard attacks escalate into a fourth wave, and the Senate skips crypto's landmark bill ahead of recess. Here's what mattered.* By [The BSCN Debrief](https://paragraph.com/@bscnalpha), 2026-08-03 --- **Want the daily version?** Subscribe to BSCN's X Premium for daily market briefs, token spotlights, and editor takes: [x.com/BSCNews/creator-subscriptions/subscribe](https://x.com/BSCNews/creator-subscriptions/subscribe) * * * The Big Story ------------- [**Strategy Just Sold BTC**](https://bsc.news/news/strategy-sells-btc-strc-repurchase): Michael Saylor's corporate Bitcoin champion has sold 1,637 BTC, trimming its treasury to 842,138 BTC in what marks a rare reversal for the firm that has spent years accumulating on every dip. The sale represents the latest in a measured distribution pattern, though Saylor himself posted "Bitcoin Drive engaged" shortly after, hinting that accumulation may resume soon. Strategy still commands nearly 70% of all publicly held corporate Bitcoin, holding [**843,000 of the 1.29 million BTC**](https://bsc.news/news/strategy-bitcoin-corporate-treasury-dominance) across public company balance sheets, a position equal to 6.12% of Bitcoin's circulating supply. * * * Breaking News ------------- [**Coldcard Attacks Enter Fourth Wave, Losses Exceed $90M**](https://bsc.news/news/coldcard-bitcoin-fourth-wave-attacks): A new wave of suspected attacks on Coldcard hardware wallet users has moved another 388.9 BTC, pushing total estimated losses above $90 million as Galaxy Research flags escalating on-chain activity tied to compromised devices. [**SEC Suspends Nasdaq Bitcoin Options Approval After CME Protest**](https://bsc.news/news/sec-pauses-nasdaq-bitcoin-options-cme): The SEC has paused Nasdaq's May approval to list cash-settled Bitcoin index options while the full Commission reviews a jurisdictional challenge from CME Group, which argues the products fall under CFTC oversight. [**Trump Media Moves $165M in Bitcoin to**](https://bsc.news/news/trump-media-bitcoin-transfer-crypto-com-2084137637666021407) [**Crypto.com**](http://Crypto.com)[**, Denies Sale**](https://bsc.news/news/trump-media-bitcoin-transfer-crypto-com-2084137637666021407): Trump Media transferred 2,628 BTC to [Crypto.com](http://Crypto.com) on August 2, triggering speculation of a treasury liquidation, though the company quickly clarified the move was a routine custodial transfer with no sale involved. [**Ripple Issues Emergency Hotfix for XRP Ledger Validator Flood**](https://bsc.news/news/xrp-ledger-321-manifest-flood-hotfix): Ripple's engineering director urged all XRP Ledger node operators to upgrade to version 3.2.1 immediately after developers spotted a validator manifest flood hitting the network on July 31, prompting an emergency security patch. * * * Top Stories ----------- [**CLARITY Act Missing From Senate Floor Schedule Ahead of Recess**](https://bsc.news/news/clarity-act-senate-floor-schedule-august-recess): The Digital Asset Market Clarity Act is absent from the Senate's published Monday floor plan, leaving the landmark crypto market structure bill without a clear path to passage as lawmakers approach summer recess. The absence marks another setback for legislation that former Barclays CEO Bob Diamond recently gave 50-75% odds of passing by year-end, and which he identified as a major tailwind for Circle and Hyperliquid if enacted. [**BitGo Launches Link to Unify Institutional Liquidity Across Coinbase, Kraken, and**](https://bsc.news/news/bitgo-link-institutional-liquidity-exchanges) [**Crypto.com**](http://Crypto.com): BitGo has officially launched Link, a centralized command center built to bridge institutional holdings across multiple exchange venues, connecting accounts from Coinbase, Kraken, and [Crypto.com](http://Crypto.com) into a single interface. The platform is designed for treasury management and multi-venue execution, addressing a persistent pain point for institutions that operate across fragmented liquidity pools. [**Robinhood Secures UK Crypto License, Chain Dominates RWA Holder Count**](https://bsc.news/news/robinhood-crypto-fca-uk-registration): Robinhood's UK arm was formally added to the Financial Conduct Authority's registry of approved crypto asset businesses on July 31, clearing the firm to operate digital asset services in Britain. Separately, [**Robinhood Chain has claimed the top spot**](https://bsc.news/news/robinhood-chain-rwa-holder-count-lead) in real-world asset holder count with 365,212 unique addresses, surpassing established Layer 1 networks in a category that has become a key benchmark for institutional blockchain adoption. * * * Deep Dive of the Week --------------------- [**What Does Split Delegation Mean for Everyday Core Stakers?**](https://bsc.news/post/split-delegation-core-stakers): Split delegation is a Core network feature that lets CORE token holders divide their staked tokens across multiple validators at once, instead of committing everything to a single validator. Our research team breaks down how it works, why it reduces concentration risk, and what it means for staking yields when you spread your allocation across the validator set. * * * By the Numbers -------------- * **365,212**: Unique RWA holder addresses on Robinhood Chain, giving it the lead over legacy Layer 1 networks in real-world asset adoption. * **$24 billion**: All-time transaction volume on NEAR Protocol's Intents cross-chain execution layer, up from $20 billion in early June and $10 billion in January. * **22 liquidations**: Consecutive liquidations suffered by trader James Wynn on Hyperliquid shorting S&P 500 futures, with realized losses reaching approximately $73,100. * **1 billion XRP**: August escrow release unlocked by Ripple, valued at roughly $1.08 billion as part of the firm's ongoing supply management program. * **6 tokens**: Number of assets Binance will delist on August 17 after a periodic review, including ACX, HFT, PIVX, PYR, VANRY, and VIC. * **2,250 ETH**: Amount sold by an early Ethereum adopter for approximately $4.15 million after the address sat dormant for three years, marking an eight-year hold finally liquidated. * * * On Our Radar ------------ * **BNB Chain legal action**: The network is pursuing legal measures against a former employee who allegedly used retained seed phrase access from a tutorial wallet to independently launch a rogue memecoin. * **Casper and PENGU**: Both tokens are drawing retail attention this week, with CSPR from Casper Network and Pudgy Penguins' PENGU trending on CoinGecko's tracker. * **Polygon ecosystem sprint**: Over the past two weeks, Polygon has shipped record transaction counts, a landmark prediction market, the Ithaca upgrade, and a string of new integrations in one of its densest development windows to date. * **Cardano shifts to Dijkstra era**: Following completion of the van Rossem hard fork on July 18, Cardano development has pivoted to the Dijkstra era, which will focus on nested transactions and the Leios consensus protocol. _Until Wednesday._ --- *Originally published on [The BSCN Debrief](https://paragraph.com/@bscnalpha/strategy-sells-bitcoin-coldcard-breach-tops-dollar90m-clarity-act-stalls-again)*