🚌 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 3.50–3.75% on a rare 9–3 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.
• The CLARITY Act's odds of a floor vote before recess collapsed from 74% to 30%, pushing the bill into a crowded September calendar.
• Onchain USDC lending has paid below T-bill yields for 3 straight months — a structural discount, not just noise.
• A 2021 Coldcard firmware bug let an attacker drain 1,082 BTC (~$89M) from over 4,585 addresses in 41 minutes.
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