An address that had remained inactive for roughly two years has moved 1,770 Bitcoin, valued at approximately $112.14 million, to a new wallet. The transaction was flagged by on-chain tracking service Onchain Lens, drawing attention from market observers who monitor large holder activity for potential market signals. What the On-Chain Data Shows According to Onchain
A Fracture in Node Sovereignty In the wake of the now-failed attempt to restrict non-financial data on the Bitcoin blockchain, prominent ecosystem voices, including BIP-110 proponent “Bitcoin Mechanic,” have declared that the protocol has suffered terminal “protocol capture” by centralized mining cartels. The fallout follows the Aug. 8 activation deadline for BIP-110, yielding barely 2.5%
A contingent of community members from within the Neo ecosystem have launched Meteor, a new initiative to develop and deliver a collective roadmap through a structured three-phase process. It has garnered support from Neo co-founder Erik Zhang, Neo Global Development, the core development team, and a significant number of Neo Council members. Neo has been
Bitcoin [$BTC] failed to sustain its latest upward move after rejection at $65.4K. It then hovered near $63K. At press time, Bitcoin traded near $63,736, down 0.32% on the daily chart. Despite weak price action, Metaplanet and Hut 8 moved sizeable Bitcoin holdings. Neither transfer had reached an exchange wallet. Are Bitcoin treasury transfers a
Zerohash, a crypto platform that handles the backend operations of high-profile traditional financial firms including Morgan Stanley’s E*Trade, fell short last month in joining the dozens of firms who’ve recently been granted U.S. trust bank charters by the Office of the Comptroller of the Currency. The banking regulator quietly returned the Chicago-based company’s application, leaving
Circle renewed its push for cirBTC as neutral institutional collateral in an Aug. 12 post, but the product is not a new launch. It has been live on Ethereum since June 8 and had only about 40 tokens outstanding at the time of review, compared with more than 116,000 WBTC and 97,000 cbBTC. cirBTC exists
Tokenization platform Securitize (SECZ) reported a net loss of $21.7 million in the second quarter, its first earnings report since going public. Revenue fell 5% year-over-year to $14.4 million, missing market expectations. Shares plunged more than 20% in after-hours trading, reaching a record low. First earnings report since listing Securitize, a leading platform for tokenizing
The U.S. Securities and Exchange Commission’s Division of Investment Management said Wednesday that it would not recommend enforcement action if Franklin Templeton’s U.S. registered funds hold shares of its onchain money market fund through an affiliated blockchain-integrated custody and recordkeeping system. The funds can use Franklin OnChain U.S. Government Money Fund shares for cash management,
$ENS launched the public Beta of its App and Explorer on Ethereum Sepolia, the final testing phase before mainnet deployment. The Beta introduces the ENSv2 upgrade flow, customizable profile themes, resolver management, and new testnet payment options. An audit competition with Immunefi will begin on August 18, offering a conditional prize of up to $70,000
Bitcoin entrepreneur Samson Mow has argued that the growth of the BIP-110 movement was in large part a reaction to decisions and behavior within the Bitcoin Core ecosystem. Mow’s comments came after a series of exchanges on X involving analyst Michael Sullivan, Bitcoin Core developer Antoine Poinsot and Blockstream co-founder Adam Back. “This entire mess