In partnership with
Elon's Launching His Own "iPhone." 3 Stocks to Buy to Prepare
If you'd bought Apple before the first iPhone, you'd have seen peak gains of 7,537%. One product turned ordinary investors into millionaires.
Now Elon Musk is launching his own version — a device he claims will be "10x bigger than the largest product in history."
Target launch: July 22. Just days away.
The people who win on launches like this don't buy after the headlines. They position before. Our analyst pinpointed 3 stocks set to ride the launch — with entry guidance and price targets, plus a bonus 4th pick (the most undervalued name in the supply chain) and a 3-phase playbook showing exactly when to buy, when to add, and when to take profits.
100% free. No credit card. Over 2,500 investors have already read it.
Kaupr Daily — Monday 3 August, 2026
A firmware bug shipped in March 2021 is still emptying Coldcard wallets this morning, and the fourth sweep was called out while it was still running. Away from that, three separate attempts to change who gets into a market — and who gets to see one.
💎 Coldcard's fourth wave, and the first one owners had a chance to fight
💎 Clear Street sells Databricks exposure to investors Databricks has never met
💎 New York sues Kalshi, and the CFTC moves to block New York
💎 Circle picks up the state licence to go with the federal one
If you missed Sunday's Digest, it's linked at the end.
— Morten
A five-year-old mistake is still emptying wallets
A build error from March 2021 made Coldcard seeds guessable
A March 2021 firmware build told Coldcard devices to skip their hardware randomness generator and fall back to software, seeded from the chip's serial number and clock — neither of them secret. Coinkite now puts an Mk3 seed's entropy at roughly 40 bits, against the 128 it should carry. Newer models are weakened too, and the first sweep took 594 BTC, about $38 million.
Why it matters: New firmware fixes the device from here on. It cannot repair a seed already generated, so owners face a migration rather than a patch.
Source: Major bitcoin wallet flaw drains 594 BTC in 25-minute sweep — CoinDesk
The attacker went after the largest wallets first
Chainalysis found the opening sweep was ordered by value, not taken at random: more than $30 million left in the first ten minutes. One owner lost around $1.8 million. The pattern suggests the attacker studied the victim population before starting.
Why it matters: Ordering a sweep by size implies the vulnerable keyspace was mapped in advance. That points to preparation, not opportunism.
A fourth wave is running, and some owners can still fight back
Galaxy's Alex Thorn flagged a probable fourth wave on 3 August: 388.93 BTC confirmed gone from 462 addresses in two and a half hours, with his estimate since climbing towards 449. The first three waves were reconstructed after the fact. This one was called out while part of the batch still sat in the mempool, leaving owners a route to save their coins.
Why it matters: For the first time in this incident, some owners had a window to act rather than a loss to discover.
Source: Coldcard Hack Enters Wave 4: 449 BTC Swept Live as Victims Race to Save Funds — The Crypto Times
Private markets open up, public markets get clearer
Clear Street opens pre-IPO access to Databricks
Clear Street has opened a private markets platform for accredited investors, starting with Databricks at a $188 billion valuation. Buyers get a stake in a vehicle holding an interest in a fund that owns the stock — not shares from the company, which says it has no relationship with Clear Street. Up to 30 names are planned by year-end.
Why it matters: Selling a vehicle rather than the share itself lets a broker open a company's ownership without that company taking part.
Source: Fintech broker Clear Street offers investors pre-IPO access to $188 billion AI giant Databricks — CNBC
The FCA wants one feed for all UK share trading
The Financial Conduct Authority has published detailed proposals for a UK equity consolidated tape, pulling pre- and post-trade data from every venue into one stream. Consultations close 16 October, with launch targeted within 18 months. The EU's own equities tape is due in September.
Why it matters: Fragmented data has let critics argue London is thinner than it is. A single feed changes what that argument can rest on.
A full-time profession, and a state trying to end it
New York sues Kalshi over unlicensed gambling
Governor Kathy Hochul and Attorney General Letitia James have sued Kalshi in a Manhattan state court, calling it an unlicensed gambling business open to users under 21. They want operations halted, profits forfeited and fines of three times the gains made in the state. The CFTC has asked the federal court to block New York, claiming exclusive jurisdiction.
Why it matters: The fight is no longer over what a prediction market should be called, but over which regulator decides.
Prediction market traders are going full-time
CNBC spoke to traders who now live off event contracts, among them a 26-year-old former risk analyst who cleared $250,000 in a month. The edge is tooling: AI bots watching hundreds of markets, and an antenna bought to catch Super Bowl commercials because streaming lagged. Polymarket and Kalshi can run more than 100,000 markets at once.
Why it matters: Platforms are starting to sell the same tooling as a product. That will show whether the edge was the tools or the people who built them.
Circle now holds a licence at each level
Circle adds a New York trust charter to its federal one
Circle has won a limited-purpose trust charter from New York's financial regulator for Circle New York Trust, three weeks after the OCC approved its national trust bank. USDC issuance is expected to run through the New York entity, while the federal bank builds custody. Managing the USDC reserves has been deferred.
Why it matters: A state licence for issuance and a federal one for custody gives Circle a structure rivals would have to assemble piece by piece.
Source: Circle secures NYDFS trust charter, adding state layer to federal USDC oversight — The Block
The biggest DEX adds a savings product
Uniswap moves into lending with Morpho
Uniswap has launched Earn, letting users deposit USDC, USDT and ether into three Morpho vaults curated by risk firm Gauntlet. Borrower interest becomes the yield, with no lockup and no Uniswap fee. It arrives days after SEC Commissioner Hester Peirce said onchain lending strategies may already fall under securities law.
Why it matters: Curated vaults take the choice of lending markets away from the depositor and hand it to the curator.
Source: Uniswap launches 'Earn' with Morpho to let users earn yield on idle crypto assets — The Block
Missed Sunday? Kaupr Digest — Five days, one story: stocks up, crypto lagging looked at the pattern behind last week's news.
Explore Kaupr Today
Not a subscriber yet, or want to fine-tune what you receive?
Kaupr Daily — Short, high-signal updates on markets, regulation, tokenization and stablecoins, every weekday.
Kaupr Digest — A weekly step back at the pattern behind the week's news, plus the latest Kaupr Weekly episode.
Already a subscriber? Log in and open the preference centre to manage your subscriptions.
Kaupr Today also has its own home — read, listen, watch and explore at today.kaupr.io.
Thank you for reading our newsletters!
Wishing you a good Monday — and welcome back tomorrow morning for the next edition of Kaupr Daily.
Best regards Morten Myrstad Founder & Editor