1 hour ago
Bitcoin ‘anti-spam’ fork goes obscurity fast
Supporters of the BIP-110 brushed fork hoped to eradicate spam from the blockchain, but aft a lengthy and heated statement the connection has been pronounced Dead On Arrival. After securing conscionable 2.5% enactment up of entering mandatory signaling connected Saturday, it divided disconnected into a number concatenation that mined conscionable 2 blocks successful 8 hours earlier stalling.
This is astir apt nary astonishment fixed it’s conscionable arsenic hard and costly to excavation connected the caller concatenation arsenic it is connected Bitcoin — but without immoderate anticipation of being capable to merchantability the artifact reward to recoup the costs. The trouble would person adjusted downward if they’d managed to excavation done different 2,014 blocks.
BIP-110 aimed to escaped Bitcoin of non fiscal transactions, specified arsenic Ordinals, but opponents saw it arsenic imposing censorship connected the concatenation and it faced absorption from salient Bitcoin advocates. Strategy enforcement president Michael Saylor said helium shared the proposal’s objectives but argued that its approach threatened Bitcoin’s neutral rules and consensus.
Blockstream CEO Adam Back warned that the consensus-level alteration could damage Bitcoin’s credibility and perchance marque definite unspent transaction outputs unspendable.
Clarity ballot gets punted to September
Senator Tim Scott, who chairs the Senate Banking Committee, said connected Thursday a procedural ballot connected the CLARITY Act should hap earlier the August recess “without immoderate question.”
Senator Cynthia Lummis besides raised hopes of a past infinitesimal vote. But contempt hopes the Senators would locked successful a country and forced to compromise earlier leaving for the August break, Senate Majority Leader John Thune declined to unit the contented and aboriginal scheduled the cloture ballot for September 15.
“The Dems are insistent connected nary Clarity vote,” Thune told Cointelegraph. “I worked with sponsors of the bill. Senator Lummis was great, and we’re getting that queued up archetypal happening erstwhile we travel back.”
Crypto lobbyists person until past to enactment up the 60 votes required by negotiating connected morals rules, the stablecoin output issue, and extortion for developers successful the BRCA. The existent question though is whether it volition beryllium a superior effort to walk the legislation, oregon if the ballot has been called simply “to get radical connected the record” up of the mid-term elections arsenic Lummis suggested.
Bitcoiners signifier ‘red team’ to conflict AI-assisted hacks
A Bitcoin information radical made up of 16 volunteers said mid-week it had recovered astir 5,000 imaginable issues during a accelerated AI-assisted reappraisal of projects successful the Bitcoin ecosystem.
By the play that fig had grown to 7,958 issues, with 168 captious flaws and 1,120 precocious severity issues.
Bitcoin Red Team is simply a unpaid information effort that includes Rob Hamilton, CEO of AnchorWatch and Bitcoin developer Calle, which has been utilizing AI tools and quality reappraisal to scan open-source Bitcoin-related repositories for vulnerabilities.
“We’re averaging connected the bid of 1 captious exploit per hr per person,” said Calle successful a post.
The squad sprang into enactment arsenic a effect of the Coldcard hardware wallet hacks, which developer Coinkite suggested were the effect of an AI investigation of its root code. More than $100 cardinal has been stolen by 7300 wallets, owed to flaws successful the random fig generated utilized to make effect phrases. It has go the 3rd largest crypto hack successful 2026 and helped propulsion July’s crypto thefts full to $247 million.
The incidental helped radiance a airy connected the spot required with utilizing a hardware wallet, and led galore Bitcoiners to wonderment if immoderate wallet was genuinely safe?
Ethereum researchers privation to rein successful staking; critics accidental it could backfire
A radical of Ethereum researchers and developers person projected changing the network’s issuance argumentation to chopped validator rewards much sharply arsenic the proportionality of staked ETH rises.
Tapered Issuance Burn (AKA EIP-8363) would chopped rewards wholly arsenic the percent of proviso staked crossed the 50% mark. It’s presently astatine 34% with a immense queue of ETH waiting to enter, and determination are fears this whitethorn proceed to snowball portion providing progressively little payment for the information of the network.
Despite offering immoderate compelling arguments successful favour of the proposal, it has been met with a fierce backlash, particularly from DeFi protocols. Ether.fi laminitis Mike Silagadze suggested Ether.fi would get retired of staking wholly if it goes through. He said:
“This is truthful disappointing connected each level. [...] This is atrocious for decentralization, this is atrocious for Ethereum adoption, and this is atrocious for the credibility of the network.”Happy days are present again arsenic Bitcoin ETFs spot champion week successful 4 months
The spot Bitcoin exchange-traded funds registered their third-strongest showing since October arsenic organization request showed signs of renewed momentum.
The haul of $853.54 million successful inflows was 5 times the magnitude they netted crossed each of July, and was the champion week since April. The Ether ETFs took successful different $243.7 million.
Some manufacture figures judge the ample inflows whitethorn beryllium related to the Coldcard hack, which has made organization custody much charismatic than utilizing a perchance insecure hardware wallet. Bloomberg ETF expert Eric Balchunas suggested determination whitethorn beryllium a connection, portion Binance co-founder Changpeng “CZ” Zhao said constituent blank: “It is statistically safer to store coins connected exchanges than to aforesaid custody.”
Winners and Losers
At the extremity of the week, Bitcoin (BTC) is up 2% to commercialized astatine $64,814, Ethereum (ETH) is up 1.7% to commercialized astatine $1,908 and XRP (XRP) is down 5% to $1.02. The full marketplace headdress is astatine $2.21 trillion according to CoinMarketCap.
Among the biggest 100 cryptocurrencies, the apical 3 altcoin winners of the week are Pump.fun (PUMP) with a 27.6% gain, LayerZero (ZRO) connected 17.6%, and Curve DAO (CRV) connected 16.2%.
The apical 3 altcoin losers of the week are Injective (INJ) which was down 15.1%, Canton (CC) down 13.8% and Cronos (CRO) down 13.7%.
Prediction of the Week
Bitcoin volition ne'er autumn beneath $60K again: Nansen founder
Nansen laminitis and CEO Alex Svanevik says the Bitcoin marketplace whitethorn beryllium approaching a bottom, suggesting that the existent level astir $60,000 could people Bitcoin’s rhythm low.
“My idiosyncratic presumption is that I don’t deliberation Bitcoin’s gonna spell backmost beneath $60,000,” Svanevik says. “I deliberation that’s the past… I deliberation forever,” helium says.
He bases this connected the content that Bitcoin serves arsenic a hedge against cardinal slope wealth creation, and helium doesn’t spot the planetary monetary enlargement rhythm coming to an extremity anytime soon.
Top FUD of the Week
Crypto wrench attacks nett much than $30M truthful acold successful 2026
Criminals stole much than $30 cardinal done carnal attacks connected crypto holders successful the archetypal fractional of this year, putting 2026 connected gait to surpass the grounds $58 cardinal stolen successful 2025.
Chainalysis reports that 46 convulsive crypto-related incidents had been documented globally done precocious June, up from 40 during the aforesaid play successful 2025. The incidents see kidnappings, location invasions and hostage situations, collectively known arsenic “wrench attacks.”
Only 12 of the 46 attempts resulted successful payment, giving attackers a 26% occurrence rate, down from 49% successful 2025.
ElizaOS token sinks 19% to grounds debased aft laminitis declares it ‘dead’
ElizaOS fell 19% implicit 24 hours to an all-time debased aft Eliza Labs laminitis Shaw Walters said the token was “dead” and that the Eliza Foundation was winding down.
CoinGecko data showed the token present has a marketplace capitalization of $2.1 million.
“The token is dead. Completely,” Walters said, adding that helium nary longer owned oregon supported the token.
The diminution represents a stark reversal for 1 of the AI-agent sector’s erstwhile breakout tokens. Before the task rebranded arsenic ElizaOS, the token, past known arsenic AI16Z, reached a highest marketplace capitalization of $2.5 cardinal successful January 2025, according to CoinGecko.
Walters said the improvement of the open-source Eliza bundle would proceed without the token oregon the foundation.
CEX perpetual futures measurement falls to $4T, lowest since precocious 2023
Crypto perpetual futures trading measurement connected centralized cryptocurrency exchanges (CEXs) fell to $4 trillion successful July, marking a 31-month low.
Binance led CEXs with $1.4 trillion successful monthly perpetual futures volume, followed by OKX with $607 cardinal and Bybit with $300 billion, analytics level CryptoRank said successful a Friday X post.
Perpetual trading measurement connected decentralized exchanges (DEXs) fell to $531 cardinal successful July, the lowest level since June 2025, and a 21% diminution from the $676 cardinal seen successful June 2026, according to information aggregator DefiLlama.
Best Magazine Features of the Week
Do the Coldcard attacks mean each hardware wallets are present insecure?
The Coldcard entropy flaw caused a situation of assurance successful hardware wallets. Here’s the details you request to cognize earlier you entrust Ledger, Trezor oregon Foundation with your Bitcoin.
10 weirdest things ever tokenized... including farts
Tokenized cows whitethorn person gone viral, but they’re conscionable the latest successful a agelong enactment of unusual things to find a location onchain, from farts, to quality tegument and destroyed artworks
Fierce backlash to Ethereum’s EIP-8363 staking proposal
Ethereum’s projected EIP-8363 staking overhaul aims to trim issuance, but critics accidental it could wounded DeFi, decentralization and organization adoption.
Cointelegraph publishes long-form journalism, investigation and communicative reporting produced by Cointelegraph’s in-house editorial squad with subject-matter expertise. All articles are edited and reviewed by Cointelegraph editors successful enactment with our editorial standards. Some articles incorporate affiliate links, from which Cointelegraph whitethorn gain a commission. These relationships bash not power which products we reappraisal oregon our editorial conclusions. Content published successful present does not represent financial, ineligible oregon concern advice. Readers should behaviour their ain probe and consult qualified professionals wherever appropriate. Cointelegraph maintains afloat editorial independence.
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