Validators would still be paid the same way for doing the same work, and they keep all the transaction fees and tips they earn from building blocks. Only the newly created ETH gets burned. The deduction from validator rewards arrives slowly, phasing in over 18 months, with about six months before that while the upgrade […]
Archives for August 4, 2026
“You stole, please return some.” Coldcard hacker’s wallet becomes a graffiti wall of pleas and hustles
That’s because the ability to write messages is tied to a quirky Bitcoin feature called OP_RETURN, which lets anyone attach a small text string to a transaction. The text gets permanently timestamped into the blockchain alongside the transfer of money. The function exists for technical purposes; mainly, developers use it to timestamp documents or embed […]
Bitcoin flat at $64,000 as stocks print records and Hormuz deal nears
SK Hynix rose 6.4% after the Seoul open and Nvidia added over 2% after hours, though AMD dropped 9% on a soft sales outlook and SpaceX fell 7.5% on higher projected AI spending. Brent crude fell 1.1% to about $78.50 a barrel after Axios reported Washington, Tehran and Oman were close to an agreement to […]
SpaceX tops Wall Street revenue forecast, posts $540 million loss on bitcoin holdings
SpaceX (SPCX), Elon Musk’s space technology company, reported its first quarterly results as a public company on Tuesday, announcing second-quarter revenue of $7.8 billion. That figure topped Wall Street expectations of $6.9 billion, while narrowing its quarterly loss to $541 million as growth accelerated across its launch, Starlink and AI businesses. The company reported a […]
Open USD rattled Circle’s stock, but its key backers still support USDC
Recent earnings calls from Open USD’s highest-profile backers, however, paint a more nuanced picture. Executives at Coinbase, Visa and Mastercard all said they intend to support multiple stablecoins instead of betting on a single winner, describing Open USD as another network to connect to rather than a replacement for USDC. Multi-coin strategy During its second-quarter […]
Samsung is poised to become a dominant stablecoin distributor, analysts say
“By doing so, Samsung Wallet becomes the foundation for an interconnected financial ecosystem across Galaxy devices and services — where it combines payments, rewards, and digital assets into a single unified experience,” he said. If it follows through, over 800 million would potentially have access to Galaxy’s stablecoin features and other crypto without requiring a […]
Clarity Act sits idle over Trump ethics question as Warren asks SEC to investigate him
The $TRUMP coin was worth more than $46 at its height, but it steadily declined to its current price of $1.47. The token saw brief spikes in value when the company behind it announced it would host dinners — including at Trump’s Mar-a-Lago, with the president as the keynote speaker — but that price action […]
Wells Fargo joins JPMorgan and Citi in the race to tokenize Wall Street’s settlement rails
Wells Fargo (WFC) will offer tokenized deposits for select corporate and commercial clients later this year, starting with enabling round-the-clock U.S. dollar-to-British pound transactions on its proprietary blockchain. The bank frames round-the-clock settlement, programmable payments and parity with its existing deposit protections as future enhancements, saying the system will let clients move, program and settle […]
Bitcoin’s $63,000 zone emerges as key battleground for buyers: Glassnode
Bitcoin has traded between $60,000 and $67,000 for several weeks, making $63,000 one of the most heavily supplied price areas. The only larger concentration sits between $78,000 and $82,000, where bitcoin topped out in May. Glassnode’s Entity-Adjusted UTXO Realized Price Distribution (URPD) shows how much bitcoin supply last moved within each price band, with each […]
Polymarket targets $20 billion valuation as competition heats up in prediction market sector
Blockchain-based prediction markets platform Polymarket is looking to raise fresh capital at a $20 billion valuation, Bloomberg reported Tuesday, citing people familiar with the matter. According to the person, the company closed a funding round at a $15 billion valuation in April which included a $600 million investment from the Intercontinental Exchange, the owner of […]









