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News Block #152: Bitcoin's Red Team Fights Back, the BIP-110 Moment of Truth Arrives, CLARITY Punted to September — Key Takeaways

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News Block #152: Bitcoin's Red Team Fights Back, the BIP-110 Moment of Truth Arrives, CLARITY Punted to September

Coin Stories with Natalie Brunell8mAug 9, 2026

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Bitcoin's volunteer Red Team, led by Kale and Rob Hamilton, audited hundreds of open-source Bitcoin projects using AI and found 85 critical vulnerabilities — all privately disclosed before attackers could exploit them.

Key takeaways

Russia legalized crypto trading but caps citizens at $3,750/year — 17 years to buy one Bitcoin

Russia legalized crypto trading but caps citizens at $3,750/year — 17 years to buy one Bitcoin

  • Putin signed the law August 4th; domestic crypto payments banned entirely
  • Cross-border/international trade settlements face no cap, revealing the law's real purpose: state-controlled capital movement

Bitcoin's volunteer Red Team found 85 critical vulnerabilities across open-source projects

Bitcoin's volunteer Red Team found 85 critical vulnerabilities across open-source projects

  • 16 researchers using AI audited hundreds of Bitcoin projects, uncovering ~5,000 security issues total
  • OpenSats funded computing costs; no government or corporation ordered the effort

U.S. intervened to prop up the yen to protect Japan's trillion-dollar Treasury holdings

U.S. intervened to prop up the yen to protect Japan's trillion-dollar Treasury holdings

  • Japan is the largest foreign holder of U.S. debt; a yen collapse triggers Treasury sell-offs and threatens U.S. deficit financing
  • Besant reportedly signaled a $10B yen-buying plan by letting reporters see his notepad — a deliberate market message

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In this episode

  1. 1mCold Card Hack: Scale and Community Response
  2. 2mAI Restrictions Hamper Defenders, Force Use of Chinese Models
  3. 3mBIP-110 Fails: Bitcoin's Consensus Mechanism Holds
  4. 3mU.S. Crypto Clarity Act Stalls Before August Recess
  5. 4mRussia's Crypto Law: Control, Not Freedom
  6. 6mYen Intervention and the U.S. Treasury Debt Dependency

“Bitcoin doesn't need clarity. America needs clarity.”

— Michael Saylor

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