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Cryptocurrency Update: Coldcard Incurs Over $120 Million in Losses as CLARITY Act Faces Delays Before Senate Recess
FG
FOMOGRAM Editorial Desk
Aug 6, 2026
EXECUTIVE SUMMARY
Coldcard hack losses exceed $120 million, while the CLARITY Act faces delays in the Senate, reducing its passage odds. DeFi projects continue to shut down amid market consolidation.
Coldcard hack losses exceed $120 million, while the CLARITY Act faces delays in the Senate, reducing its passage odds. DeFi projects continue to shut down amid market consolidation.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
The Coldcard hack and delays in the CLARITY Act could dampen market sentiment and regulatory progress, impacting overall crypto confidence.
BTC OVERALL MARKET INDEX: 55 / 100 (NEUTRAL)
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