Today’s headlines were dominated by fallout from a hardware wallet attack that reshaped Bitcoin upgrade plans, a renewed rally for Cardano as its next development era approaches, and Strategy’s decision to maintain a 12% dividend for preferred shares amid a large quarterly loss.
Bitcoin BIP-110 activation postponed after Coldcard fallout
Developer Udi Wertheimer announced on Sunday 2 August 2026 that activation of BIP-110, a proposed Bitcoin rule change intended to limit the data volume in transactions, has been postponed. The move followed industry reaction to a security incident affecting Coldcard hardware wallets. BIP-110 required 55% of mined blocks to signal support within two weeks; instead, only 30 of 1,068 blocks — about 2.63% — had signalled for the change. A second enforcement phase had been scheduled to begin at block 961,632 roughly six days later, which would have mandated rejecting non-signalling blocks on nodes running the updated software. Wertheimer called on node operators to return to standard software in light of the low signalling and the broader concerns raised by the Coldcard incident.
Coldcard attack continues to shape industry response
The ongoing attack on Coldcard devices remained the dominant thread across the day’s coverage. The incident has had reverberations beyond the hardware wallet vendor itself, influencing upgrade timetables and prompting wider industry debate about security and deployment practices. The developer community’s reaction to the security issues was explicitly cited as a factor in the decision to delay BIP-110 activation, illustrating how operational and security events can directly affect protocol change processes.
Cardano gains as Dijkstra era approaches
Cardano’s ADA rose nearly 10% over 24 hours to $0.189 on Sunday 2 August 2026, according to the Intersect organisation, as attention focused on the network’s next development phase dubbed the Dijkstra era. The advance follows the van Rossem hard fork activated on 18 July, which upgraded the protocol to Version 11. The Dijkstra era will be introduced in phases and is expected to bring features such as Nested Transactions and Linear Leios, with a goal of mainnet activation by the end of 2026. Despite the short-term gains, ADA remains roughly 95% below its 2021 all-time high of $3.09.
Strategy maintains 12% dividend for STRC amid large quarterly loss
On Saturday 1 August 2026, Strategy’s executive chairman Michael Saylor announced that the August dividend for the company’s preferred shares (STRC) would remain at 12%, unchanged from July. The announcement came even though STRC shares closed Friday at $89.46, below their $100 par value, and despite a reported $8.22 billion loss for Strategy in the second quarter. The company said it held $3.75 billion in reserves for dividends. CEO Phong Le reiterated management’s objective of returning the preferred share price to $99–$100.
Corporate crypto movement amid market volatility
Company-level actions and large bitcoin movements continued to illustrate how institutional holders and public firms are adapting to market swings. The day’s developments — from Strategy’s dividend decision to other large Bitcoin transfers reported in markets — showed organizations managing balance sheets and shareholder expectations while navigating price volatility and protocol-level disruptions.
What it means for the market today
The combination of a hardware wallet security event that halted a planned Bitcoin rule change, a renewed development-driven rally in Cardano, and a high-yield dividend decision from a major institutional holder underscored two themes: security incidents can quickly alter technical roadmaps, and protocol and corporate milestones continue to drive short-term price moves. Market participants are watching both technical upgrades and custody-security developments as they assess near-term risks and opportunities.