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A Tough Week for Crypto Has Fans Downing Drinks at a Bitcoin Bar

Bloomberg Markets Saturday 08 August 2026, 13:00 UTC By Chloe Cresswell 1 min read
Key Points

Cryptocurrencies A Tough Week for Crypto Has Fans Downing Drinks at a Bitcoin Bar It was a tough week for crypto, but a good time to get a drink by Thursday evening. PubKey, a well-known bar for crypto enthusiasts in Manhattan’s West Village, was slinging pints during an event. Attendees were riffing about a hack involving some Coinkite Inc. devices that have so far siphoned an estimated $130 million from customers, and sent the industry into a tizzy about security, perceptions, even the...

Cryptocurrencies A Tough Week for Crypto Has Fans Downing Drinks at a Bitcoin Bar It was a tough week for crypto, but a good time to get a drink by Thursday evening. PubKey, a well-known bar for crypto enthusiasts in Manhattan’s West Village, was slinging pints during an event. Attendees were riffing about a hack involving some Coinkite Inc. devices that have so far siphoned an estimated $130 million from customers, and sent the industry into a tizzy about security, perceptions, even the reason Bitcoin exists.
Fans Downing Drinks (PERSON) a Bitcoin Bar (ORG) Manhattan (LOCATION) West Village (LOCATION) Coinkite Inc. (ORG) Bitcoin (ORG)
Originally published by Bloomberg Markets Read original →

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