The Bitcoin network split due to the BIP-110 soft fork, Bybit sued North Korea over a $1.5 billion theft, the U.S. Senate delayed a vote on the CLARITY Act, and other developments from the week. Bitcoin back to $65,000 The week opened with the pullback continuing: on August 4, the first cryptocurrency fell below $63,000. […]
Amazon confirmed it bought a site in Pecos County, Texas, for a data center campus that will be powered by a dedicated 7.65 GW gas-fired plant. The statement was cited by analytics service Cleanview. Pacifico Energy is building the GW Ranch plant. Permitting documents indicate 35 gas turbines will be installed on site. There are […]
On August 8, BitMart founder Sheldon Xia responded for the first time since the shutdown announcement, saying he is not hiding and did not take users’ funds. Users have reported being unable to withdraw since July 26. 1.我们没有跑路，也不会跑路。2.很多谣言和所谓的前员工、现任员工所谓的爆料，截图等等，请不要轻信谣言。3.核心团队还在进行资产盘点，资产归集和系统维护的工作，有序清退是我们的目标，请等待公告和通知。… — Sheldon (@sheldonbitmart) August 8, 2026 He said the core team is conducting an inventory and consolidation […]
On August 8, the Bitcoin network split at height #961,632. Over eight hours, the new branch mined two blocks, according to the BIP‑110 Situation Monitor. Source: BIP110 Situation Monitor. The split was triggered by two blocks at the same height. AntPool mined #961,632 without signaling support for BIP‑110: the main chain accepted it, while nodes […]
Blockchain specialist Kevin Loaec has warned that attempting to sell coins obtained from a potential soft fork of BIP-110 could lead to the loss of actual bitcoins. ⚠️IMPORTANT⚠️In the next couple of days, a new shitcoin will fork off Bitcoin. It is a big security risk for people who just believe they will get an […]
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has added crypto exchanges Shelbit and Aban Tether to its sanctions list, accusing them of laundering funds for Iran’s Islamic Revolutionary Guard Corps (IRGC). This was stated in a release by the department. The sanctions are part of the “Economic Fury” campaign, a […]
SharpLink CEO Joseph Chalom has stated that Ethereum Improvement Proposal EIP—8363 will strip Ethereum of its main competitive edge over Bitcoin — the ability to generate income simply by holding it. The document limits the share of coins in staking through the burning of validator rewards. https://t.co/EdLGKCJtsU — Joseph Chalom (@joechalom) August 7, 2026 “We […]
On the night of August 8, hackers drained funds from Lightning Network nodes operating through the BTCPay payment server. Developers confirmed the theft and urged users of the LND software to immediately update to version 2.4.2 or disable the server. There is a critical vulnerability being actively exploited on BTCPay Server, which can result in […]
Cryptocurrency exchange Bybit announced a civil lawsuit against North Korea, its intelligence agency, and the hacker group Lazarus Group over the theft of $1.5 billion in February 2025. The lawsuit also names twenty unidentified individuals and entities as defendants. The FBI confirmed the involvement of North Korean hackers in the breach shortly after the attack. […]
This week on “Deconstruction”: the Coldcard wallet hack, Jim Cramer’s quantum panic, new cryptocurrency legislation in Russia, Cloudflare’s microtransactions for AI, and Michael Burry’s bet against chip manufacturers. Coldcard Wallet Hack The Coldcard wallet hack involving $100 million due to an old software bug demonstrated that formal paper certification of physical devices is outdated without […]
