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Greetings Bitcoiner,
Welcome to Issue #604 of Bitcoin Breakdown, where it’s OPSEC Wednesday special, followed by the latest Quick Bits snippets. But first, today’s Top Stories:
Today, Lightning Labs gives software agents a self-custodial route across Ark, Lightning, and on-chain Bitcoin settlement. Jack Mallers leaves Twenty One Capital as Strike stays independent, sharpening governance incentives around a 43,514 bitcoin treasury. Block's Buzz brings signed verification, shared identity, and self-hosted workplace coordination to humans and artificial intelligence agents.
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⚡ AI Agents Get a Self-Custodial Bitcoin Rail
Lightning Labs launched Wavelength in alpha, letting people and software agents hold and transfer virtual transaction outputs in sole custody. The application programming interface connects Ark, Lightning swaps, on-chain payments, and unilateral exit back to the Bitcoin chain at any time.
Why it matters: Fast Bitcoin payment paths without surrendering sole custody give automated software useful money and a route back to the chain. Wavelength gives machine commerce a Bitcoin exit instead of another custodian. Read more→
🥊 Mallers Leaves Twenty One, Strike Stays Free
Jack Mallers stepped down from Twenty One Capital after its planned merger with Strike and Elektron Energy was called off. Raphael Zagury will take the top job, while Strike remains independent. Tether, Bitfinex, Cantor Fitzgerald, and SoftBank launched Twenty One as a public Bitcoin treasury company.
Why it matters: Twenty One still holds 43,514 bitcoin, so leadership and incentives carry real weight. Separating Strike from Twenty One gives investors a clearer view of each company's execution. Read more→
🐝 Buzz Signs Every Human and AI Workplace Event
Block released Buzz as a self-hostable workspace built on a Nostr relay. Messages, reactions, workflow steps, approvals, and git events enter one signed log under the same identity model for people and artificial intelligence agents.
Why it matters: Signed authorship makes automated work more accountable, while self-hosting keeps the operational record under the team's control. Verification and ownership beat another closed platform's promises. Read more→
Group-IB's July 16 ClickLock report traced a macOS stealer across 33 countries that turns a fake browser check and password prompt into stolen sessions, wallet vaults, and a persistent backdoor.
This week's OPSEC Feature Article shows you how to block paste-and-run lures on the Mac around your keys and recover cleanly if you already executed the command.
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Mike Schmidt of Brink highlights that funding of Bitcoin Core has grown from three organizations in 2018 to over a dozen today.
B HODL Plc, a UK-listed Bitcoin treasury firm, buys back 823,400 of its own shares.
Galaxy Digital commits $5M in grants and forms a quantum advisory council to fund post-quantum cryptography research to protect Bitcoin from potential quantum computing threats in the future.
Satsuma Technology, a UK bitcoin treasury firm, sees shareholders approve liquidating its 668 BTC holdings and delisting from the London Stock Exchange.
Capital B, a Paris-listed bitcoin treasury firm formerly The Blockchain Group, plans a 10-for-1 reverse stock split in September, while holding 3,139 BTC.
US spot Bitcoin ETFs post their sixth straight inflow day, adding $203.1M, but still down $4.84B year to date.
CoinShares launches MINE, a UCITS ETF tracking listed Bitcoin miners, debuting on Deutsche Börse Xetra, Germany's trading platform.
Patrick Witt, White House Bitcoin and crypto adviser, defers military training again to lead CLARITY Act negotiations before its critical Senate vote deadline.
UK Parliament's Crypto and Digital Assets All-Party Parliamentary Group launches an inquiry into Bitcoin and crypto firms' banking access issues, examining bank restrictions ahead of the UK's October 2027 framework for the industry.
Russia's State Duma passes its first comprehensive Bitcoin and crypto law, letting licensed exchanges settle foreign trade in Bitcoin and crypto, bypassing Western sanctions on dollar transactions.
Nigerian President Bola Tinubu signs an executive order creating a virtual asset council to unify Bitcoin and crypto oversight, boost fraud protection, and update tax rules for the industry.
Pakistan's Federal Investigation Agency creates a dedicated crimes unit for Bitcoin and crypto, targeting money laundering and terrorism financing as PVARA regulates exchanges nationwide.
The Digital Chamber, a trade association, sues Illinois for taxing Bitcoin and crypto transactions differently than economically identical traditional property, demanding equal treatment.
Bitget CEO Gracy Chen says the Seychelles-based exchange plans US expansion regardless of the Clarity Act's fate, pursuing money-transmitter and broker-dealer licenses.
Telegram, the messaging app with about 1B users, plans to launch GRAM, a non-custodial wallet native to the app, according to an announcement from CEO Pavel Durov.
Four Bitcoin mining pools namely Foundry, AntPool, ViaBTC, and F2Pool, control over 70% of hashrate, though individual miners can disconnect and switch pools anytime.
US Attorney's Office for DC files five civil forfeiture complaints, seeking over $25M in crypto tied to global fraud schemes as part of an $800M recovery effort.
Thank you for reading!
