π Keyrock Weekly: Fed Holds on a Rare Dissent, CLARITY Act Slips, and an $89M Coldcard Hack
Keyrock's weekly wrap covers a packed week: the Fed held rates at 3.50β3.75% on a rare 9β3 vote (widest split in years), sending the 30-year yield to a 19-year high of 5.21% while Bitcoin fell 4.2% to $62,580.
β’ The CLARITY Act's odds of a floor vote before recess collapsed from 74% to 30%, pushing the bill into a crowded September calendar.
β’ Onchain USDC lending has paid below T-bill yields for 3 straight months β a structural discount, not just noise.
β’ A 2021 Coldcard firmware bug let an attacker drain 1,082 BTC (~$89M) from over 4,585 addresses in 41 minutes.
π Read more
#keyrock