Crypto market maker GSR has issued a warning that many decentralized autonomous organizations (DAOs) are holding a significant portion of their treasuries in their own native tokens, a practice that could amplify financial distress during market downturns. According to a recent report, the average DAO holds roughly 70% of its assets in self-issued tokens, leaving
Bitcoin holders could lose real $BTC if they try to sell coins created by a potential BIP-110 chain split without first separating their balances. BIP-110 fork could put real Bitcoin at risk Bitcoin developer Kevin Loaec warned holders against moving coins following a possible BIP-110 chain split, citing the risk of replay attacks. ⚠️IMPORTANT⚠️In the
The official $BNB Chain X account reported higher throughput on the $BNB Smart Chain (BSC) testnet as BEP-675 testing gained momentum. BEP-675 lets block builders submit a fully executed block instead of a bid, so validators skip re-executing it before sealing. The benchmark was conducted on QANet, an internal testnet designed to mirror BSC’s cross-region
In brief Robinhood Chain reached almost $800 million in total value locked after one month. The network has processed more than 200 million transactions. Robinhood wants to reach people who have never used crypto rather than compete for existing users. Robinhood Chain wants to be a financial hub for the suits just as much as
Asset management giant T. Rowe Price has confirmed that memecoins are part of the investment universe for its actively managed crypto exchange-traded fund, TKNZ. The firm’s head of digital assets, Blue Macellari, said the decision to include these assets is rooted in the philosophy of active management: excluding them solely on principle would defeat the
The largest cryptocurrency, Bitcoin, has entered a month that has often been weak for the crypto market. While prediction market Kalshi shows traders expect Bitcoin to have a better chance of crossing $67,500 in August. Crypto analyst Joao Wedson believes the market has not reached its bottom yet, suggesting more downside could still be ahead.
Bitcoin price held near $65,000 on Aug. 8, but its failure to reclaim the short-term holder cost basis left the recovery exposed to renewed selling. Bitcoin price struggles to hold above $65,000 According to data from crypto.news, Bitcoin ($BTC) price was trading near $65,015 at the time of writing after repeatedly testing the $65,000 area.
Domestic-currency stablecoins intended to curb reliance on dollar-backed tokens could instead make it easier for users to move funds into digital dollars, according to a senior International Monetary Fund (IMF) official. On Friday, IMF First Deputy Managing Director Dan Katz said that once local and dollar stablecoins operate on the same blockchain infrastructure, users can
Bitcoin traded near $65,000 heading into the weekend, sitting at the center of two macro forces pulling in opposite directions. The Aug. 7 jobs report weakened the case for a September rate hike, and tensions around the Strait of Hormuz threaten to revive the inflation trade that the report just cooled. The US economy lost