Category: crypto

Adam Back and Michael Saylor oppose BIP 110 on Bitcoin due to concerns about censorship and potential fork risks. BIP 110 would restrict large data fields temporarily while preserving existing outputs. Support from miners is currently far below the required threshold for activation. Luke Dashjr continues to back the proposal despite criticism.

Bonzo Lend, a lending protocol based on Hedera, lost approximately $9.05 million after an attacker manipulated the price of SAUCE used as collateral. The incident began on July 11, 2026, when a false SAUCE price was submitted to a Supra oracle contract. The attacker borrowed assets before the price was corrected. Recovery efforts are ongoing.

The U.S. Department of Justice is reportedly moving to dismiss the criminal case against BitClub Network founder Matthew Goettsche, accused of defrauding investors of $722 million. This decision comes after a 2025 DOJ policy shift towards ending “regulation by prosecution” in the digital asset industry. Other major crypto fraud cases are still being pursued.

Robinhood plans to allow eligible U.S. customers to use AI agents to execute cryptocurrency trades. This extends automated investing beyond stocks and options. The company is expanding its blockchain infrastructure with Robinhood Chain, which has seen significant growth in transactions and trading volume. Other companies are also exploring AI-powered blockchain payments.

ESMA is reviewing MiCA-authorized crypto custodians’ operational resilience. They will assess custody controls, key management, incident response, and third-party risks. This comes as the EU plans to revisit parts of MiCA following the GENIUS Act. Custodians must demonstrate real-world operational controls, as regulators focus on security and resilience.

Vitalik Buterin urged Elon Musk to transform X into a platform for global AI governance coordination. He proposed open participation over centralized control, suggested AI slowdown triggers, and emphasized the need for more people to have influence over decisions. This comes amid the release of advanced AI models by SpaceXAI and OpenAI.

Empery sold 1,400 BTC for $87.1 million to reduce debt and fund operations. The company now holds 1,514 BTC and $73.9 million in cash. This contrasts with previous plans to accumulate BTC. Other companies like Nakamoto and Capital B are pursuing different strategies, with Capital B seeking funding to expand its Bitcoin holdings.

Hedera’s native token HBAR fell over 2% after researchers reported an exploit moving $5.8 million from Hedera to Ethereum. The attacker used LayerZero to bridge funds and swap WBTC for ETH. The incident is ongoing, with no official statement or total losses reported yet. Other recent security issues in the crypto space have been identified.

Morgan Stanley has increased its Bitcoin holdings by nearly 1,000 BTC in the past two weeks, totaling 5,761 BTC. The accumulation came through multiple large transfers from Coinbase Prime, following the bank’s partnership with Galaxy Digital in June. This buying pattern during market pullbacks shows a strategy of “buying the dip.”

Tom Lee believes Ethereum will be central as traditional finance and cryptocurrency merge. Bitmine’s Ethereum treasury has grown to 5.74 million ETH, 4.8% of total supply. Lee connects Ethereum’s future to the CLARITY Act and layer-2 payment activity with Visa and Shopify. He remains bullish on Ethereum’s outlook amid increasing adoption in financial services.