Bitcoin ‘anti-spam’ fork goes nowhere quick
Supporters of the BIP-110 delicate fork hoped to eradicate spam from the blockchain, however after a prolonged and heated debate the proposal has been pronounced Useless On Arrival. After securing simply 2.5% help forward of coming into obligatory signaling on Saturday, it break up off right into a minority chain that mined simply two blocks in eight hours earlier than stalling.
That is in all probability no shock given it’s simply as troublesome and costly to mine on the brand new chain as it’s on Bitcoin — however with none hope of with the ability to promote the block reward to recoup the prices. The issue would have adjusted downward in the event that they’d managed to mine by way of one other 2,014 blocks.
BIP-110 aimed to rid Bitcoin of non monetary transactions, equivalent to Ordinals, however opponents noticed it as imposing censorship on the chain and it confronted opposition from distinguished Bitcoin advocates. Technique govt chairman Michael Saylor stated he shared the proposal’s aims however argued that its method threatened Bitcoin’s impartial guidelines and consensus.
Blockstream CEO Adam Again warned that the consensus-level change might harm Bitcoin’s credibility and doubtlessly make sure unspent transaction outputs unspendable.
Readability vote will get punted to September
Senator Tim Scott, who chairs the Senate Banking Committee, stated on Thursday a procedural vote on the CLARITY Act ought to occur earlier than the August recess “with none query.”
Senator Cynthia Lummis additionally raised hopes of a final minute vote. However regardless of hopes the Senators would locked in a room and compelled to compromise earlier than leaving for the August break, Senate Majority Chief John Thune declined to power the problem and later scheduled the cloture vote for September 15.
“The Dems are insistent on no Readability vote,” Thune instructed Cointelegraph. “I labored with sponsors of the invoice. Senator Lummis was nice, and we’re getting that queued up very first thing after we come again.”
Crypto lobbyists have till then to shore up the 60 votes required by negotiating on ethics guidelines, the stablecoin yield situation, and safety for builders within the BRCA. The actual query although is whether or not it will likely be a severe try to cross the laws, or if the vote has been known as merely “to get folks on the document” forward of the mid-term elections as Lummis instructed.
Bitcoiners type ‘purple staff’ to battle AI-assisted hacks
A Bitcoin safety group made up of 16 volunteers stated mid-week it had discovered almost 5,000 potential points throughout a fast AI-assisted assessment of initiatives within the Bitcoin ecosystem.
By the weekend that quantity had grown to 7,958 points, with 168 crucial flaws and 1,120 excessive severity points.
Bitcoin Pink Crew is a volunteer safety effort that features Rob Hamilton, CEO of AnchorWatch and Bitcoin developer Calle, which has been utilizing AI instruments and human assessment to scan open-source Bitcoin-related repositories for vulnerabilities.
“We’re averaging on the order of 1 crucial exploit per hour per individual,” stated Calle in a submit.
The staff sprang into motion on account of the Coldcard {hardware} pockets hacks, which developer Coinkite instructed have been the results of an AI evaluation of its supply code. Greater than $100 million has been stolen by 7300 wallets, resulting from flaws within the random quantity generated used to generate seed phrases. It has develop into the third largest crypto hack in 2026 and helped push July’s crypto thefts whole to $247 million.
The incident helped shine a light-weight on the belief required with utilizing a {hardware} pockets, and led many Bitcoiners to marvel if any pockets was really secure?
Many at the moment are decided to make use of a minimum of 100 handbook cube rolls to generate their very own seed phrase.
Ethereum researchers need to rein in staking; critics say it might backfire
A bunch of Ethereum researchers and builders have proposed altering the community’s issuance coverage to chop validator rewards extra sharply because the proportion of staked ETH rises.
Tapered Issuance Burn (AKA EIP-8363) would reduce rewards totally as the share of provide staked crossed the 50% mark. It’s at present at 34% with an enormous queue of ETH ready to enter, and there are fears this will proceed to snowball whereas offering progressively much less profit for the safety of the community.
Regardless of providing some compelling arguments in favor of the proposal, it has been met with a fierce backlash, particularly from DeFi protocols. Ether.fi founder Mike Silagadze instructed Ether.fi would get out of staking totally if it goes by way of. He stated:
“That is so disappointing on each degree. […] That is dangerous for decentralization, that is dangerous for Ethereum adoption, and that is dangerous for the credibility of the community.”
Glad days are right here once more as Bitcoin ETFs see finest week in 4 months
The spot Bitcoin exchange-traded funds registered their third-strongest displaying since October as institutional demand confirmed indicators of renewed momentum.
The haul of $853.54 million in inflows was 5 instances the quantity they netted throughout all of July, and was the perfect week since April. The Ether ETFs took in one other $243.7 million.
Some business figures consider the big inflows could also be associated to the Coldcard hack, which has made institutional custody extra enticing than utilizing a doubtlessly insecure {hardware} pockets. Bloomberg ETF analyst Eric Balchunas instructed there could also be a connection, whereas Binance co-founder Changpeng “CZ” Zhao stated level clean: “It’s statistically safer to retailer cash on exchanges than to self custody.”
Winners and Losers
On the finish of the week, Bitcoin (BTC) is up 2% to commerce at $64,814, Ethereum (ETH) is up 1.7% to commerce at $1,908 and XRP (XRP) is down 5% to $1.02. The overall market cap is at $2.21 trillion in keeping with CoinMarketCap.
Among the many largest 100 cryptocurrencies, the highest three altcoin winners of the week are Pump.enjoyable (PUMP) with a 27.6% acquire, LayerZero (ZRO) on 17.6%, and Curve DAO (CRV) on 16.2%.
The highest three altcoin losers of the week are Injective (INJ) which was down 15.1%, Canton (CC) down 13.8% and Cronos (CRO) down 13.7%.
Prediction of the Week
Bitcoin won’t ever fall under $60K once more: Nansen founder
Nansen founder and CEO Alex Svanevik says the Bitcoin market could also be approaching a backside, suggesting that the present degree round $60,000 might mark Bitcoin’s cycle low.
“My private view is that I don’t suppose Bitcoin’s gonna return under $60,000,” Svanevik says. “I believe that’s the previous… I believe without end,” he says.
He bases this on the idea that Bitcoin serves as a hedge in opposition to central financial institution cash creation, and he doesn’t see the worldwide financial enlargement cycle coming to an finish anytime quickly.
High FUD of the Week
Crypto wrench assaults internet greater than $30M up to now in 2026
Criminals stole greater than $30 million by way of bodily assaults on crypto holders within the first half of this 12 months, placing 2026 on tempo to surpass the document $58 million stolen in 2025.
Chainalysis studies that 46 violent crypto-related incidents had been documented globally by way of late June, up from 40 throughout the identical interval in 2025. The incidents embody kidnappings, residence invasions and hostage conditions, collectively generally known as “wrench assaults.”
Solely 12 of the 46 makes an attempt resulted in fee, giving attackers a 26% success price, down from 49% in 2025.
ElizaOS token sinks 19% to document low after founder declares it ‘useless’
ElizaOS fell 19% over 24 hours to an all-time low after Eliza Labs founder Shaw Walters stated the token was “useless” and that the Eliza Basis was winding down.
CoinGecko information confirmed the token now has a market capitalization of $2.1 million.
“The token is useless. Fully,” Walters stated, including that he now not owned or supported the token.
The decline represents a stark reversal for one of many AI-agent sector’s former breakout tokens. Earlier than the venture rebranded as ElizaOS, the token, then generally known as AI16Z, reached a peak market capitalization of $2.5 billion in January 2025, in accordance to CoinGecko.
Walters stated the event of the open-source Eliza software program would proceed with out the token or the inspiration.
CEX perpetual futures quantity falls to $4T, lowest since late 2023
Crypto perpetual futures buying and selling quantity on centralized cryptocurrency exchanges (CEXs) fell to $4 trillion in July, marking a 31-month low.
Binance led CEXs with $1.4 trillion in month-to-month perpetual futures quantity, adopted by OKX with $607 billion and Bybit with $300 billion, analytics platform CryptoRank stated in a Friday X submit.
Perpetual buying and selling quantity on decentralized exchanges (DEXs) fell to $531 billion in July, the bottom degree since June 2025, and a 21% decline from the $676 billion seen in June 2026, in accordance to information aggregator DefiLlama.
Greatest Journal Options of the Week
The Coldcard entropy flaw precipitated a disaster of confidence in {hardware} wallets. Right here’s the small print you’ll want to know earlier than you entrust Ledger, Trezor or Basis together with your Bitcoin.
Tokenized cows might have gone viral, however they’re simply the most recent in a protracted line of unusual issues to discover a residence onchain, from farts, to human pores and skin and destroyed artworks
Ethereum’s proposed EIP-8363 staking overhaul goals to cut back issuance, however critics say it might harm DeFi, decentralization and institutional adoption.
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