Bitcoin’s contentious BIP-110 test has moved from signaling into an actual chain split, and the first hours show miners overwhelmingly continuing to build on the existing Bitcoin chain. Summary BIP-110 entered mandatory signaling with just 51 of 2,016 prior blocks supporting the proposal overall. The enforcing branch stalled at block 961,633 while Bitcoin’s main chain…
A company with staff in four or five countries and customers in over twenty has a payments problem its bank was never built to solve. It can be messy, with factors like wire transfers clearing in several days, or maybe the correspondent bank taking a cut at every hop. Or a contractor in Buenos Aires,…
Galaxy Research Vice President Lucas Tcheyan said on Aug. 7 that Ethereum and Solana are confronting a similar policy question: how much token issuance is needed to pay for network security, and when does that security budget become more costly than useful? The debate is moving through proposal processes on both networks, but neither blockchain…
PUMP is the other notable gainer over the past 24 hours, while CRO is trying to recover some of the recent losses. Bitcoin’s dull price action continues over the weekend, as the asset has barely moved from the $65,000 range, currently trading inches below that line. Most larger-cap alts have remained sideways as well,…
Grayscale Head of Research Zach Pandl said on Aug. 8 that the CLARITY Act now appears unlikely to become law this year, pointing to a crowded Senate calendar and election year politics. Summary Senate leaders filed cloture on CLARITY, setting a September 15 procedural test after August recess. Grayscale says passage this year appears unlikely,…
XRP defended a key support, and now analysts believe a major breakout (to the upside) is coming. However, not all agree. Perhaps due to the delay of the CLARITY Act at the end of the week, Ripple’s cross-border token slipped to a major support level at just over $1.00, and questions arose whether a…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP faces renewed pressure after its first ETF outflow, while EX DeFi gains attention from investors seeking cloud mining and yield opportunities. Summary XRP ETF records its first monthly outflow as weakening price action…
The bill received a date for its next major Senate test, but moving forward is a whole other ballgame. The CLARITY Act got stuck in political limbo at the end of the business week until lawmakers return from their August recess, and Grayscale laid out a potential plan ahead for the US crypto industry…
Bybit has sued North Korea, its intelligence agency and the Lazarus Group in a U.S. federal court as the exchange seeks to recover assets stolen in the record $1.5 billion crypto hack. Summary Bybit filed its case against North Korea, the RGB and Lazarus Group in Washington, D.C. A federal judge issued a preliminary injunction…
Coinbase CEO Brian Armstrong said crypto adoption will continue through stablecoins, tokenization and expanding digital asset markets despite the Senate delaying the CLARITY Act. Summary Armstrong said crypto momentum continues regardless of the congressional timetable. Senate leaders postponed the CLARITY Act vote until September after negotiations failed to produce an agreement. Stablecoin rewards, political ethics…
