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Bitcoin’s BIP-110 Faces Near-Certain Failure as Miner Support Stays at Zero Ahead of Deadline

Bitcoin’s BIP-110 Faces Near-Certain Failure as Miner Support Stays at Zero Ahead of Deadline

BIP-110, a proposed temporary soft fork to limit non-financial data like inscriptions, heads toward an early August deadline with miner signaling below 1% and currently at zero. Strategy’s Michael Saylor and Blockstream’s Adam Back publicly oppose the measure, arguing it turns a spam debate into a dangerous consensus change that could invalidate valid transactions. Node adoption remains in the low single digits, making a...

Bitcoin, Cryptocurrencies, Front page, News

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Circle Secures OCC Approval for National Trust Bank, Bolstering USDC Infrastructure

Circle Secures OCC Approval for National Trust Bank, Bolstering USDC Infrastructure

Circle (NYSE: CRCL) received final approval from the U.S. Office of the Comptroller of the Currency (OCC) to charter First National Digital Currency Bank, N.A., operating as Circle National Trust. The national trust bank will initially provide fiduciary digital asset custody for Circle and affiliates, with plans to expand to select institutional clients like banks and regulated entities. Approval strengthens the...

Cryptocurrencies, Front page, News

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Coinbase Chief Legal Officer Paul Grewal Steps Down After Six Years

Coinbase Chief Legal Officer Paul Grewal Steps Down After Six Years

Paul Grewal will step down as Coinbase Chief Legal Officer effective July 31, 2026, after nearly six years. Grewal will transition to an advisory role through October and remain on the board of Coinbase National Trust Company. Molly Abraham, VP of legal, promoted to General Counsel; Ryan VanGrack named vice chair and head of corporate affairs. Grewal played a central role in Coinbase’s SEC lawsuit defense and Washington...

Exchanges, Front page, News

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Bitcoin Slips as Renewed U.S.-Iran Tensions Lift Oil Prices, Weigh on Risk Assets

Bitcoin Slips as Renewed U.S.-Iran Tensions Lift Oil Prices, Weigh on Risk Assets

Bitcoin and other major cryptocurrencies declined as renewed U.S.-Iran airstrikes pushed oil prices higher, prompting a risk-off move across markets. Kraken is pursuing a full banking license in Europe, targeting Lithuania, which would position it uniquely among crypto exchanges. BlackRock-backed Securitize shares slid sharply post-SPAC debut despite the ongoing tokenization boom. Bitcoin came under pressure Tuesday as...

Bitcoin, Cryptocurrencies, Front page, News

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Nearly 1 Million Wallets Down .81 Billion on Trump Memecoin as Early Buyers Profit

Nearly 1 Million Wallets Down $3.81 Billion on Trump Memecoin as Early Buyers Profit

Nearly 988,905 wallets (about two-thirds of buyers) recorded combined realized and paper losses of $3.81 billion on the Official Trump ($TRUMP) memecoin through end of June. Gains concentrated among early buyers: 492,285 wallets profited $4.04 billion, mostly those entering below $1 before the January 2025 surge to ~$75. Trump’s financial disclosure showed a $636 million payout tied to the token, part of over $1.4 billion in...

Cryptocurrencies, Front page, Memecoins, News

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