EIP-8361 would lower Ethereum validator yield from 2.6% to about 1.2% over 18 months. The proposed burn would reduce consensus rewards as total staked ETH rises.
Binance affiliates sued RedotPay founders in Hong Kong over alleged customer diversion and claimed nearly $470 million in losses. The petition alleges the founders violated an agreement signed last year.
BlackRock Tokenized Reserve Fund Wins S&P’s Top Stability Rating
S&P Global Ratings awarded BlackRock's BRSRV tokenized money market fund an AAAm rating, its highest principal stability fund rating. BRSRV launched Monday as an open-end management investment company for possible use by payment stablecoin issuers under the GENIUS Act. The fund will hold cash, short-dated U.S. Treasuries, and Treasury-collateralized overnight repurchase agreements.
Circle's pre-market gains expanded to 6.6% after second-quarter adjusted EBITDA reached $143 million. The result compared with an estimate of $139.6 million.
Bitcoin ETFs Draw $211.5M as Coldcard Hack Raises Custody Questions
US-listed spot Bitcoin ETFs recorded $211.5 million in net inflows on Tuesday as the Coldcard hack renewed custody concerns. SoSoValue data shows Tuesday’s inflows followed $170 million on Monday. Galaxy Research estimated the attack may have affected as many as 7,300 addresses and caused about $130 million in suspected BTC losses.
Austrian Raiffeisen Bank increased its stake in Strategy by 3,080% from the previous quarter. BitcoinTreasuries.NET cited a filing showing the bank now holds 5,980 Strategy shares worth about $554,000.
Circle disclosed Arc's initial validator lineup ahead of the Sept. 16 mainnet launch, with more than 100 institutional partners participating in the private mainnet. The validator list includes BlackRock, DTCC, Mastercard, Standard Chartered and Visa.
K33 said BTC seven-day active supply rose above 890,000 BTC, the highest level this year. The research firm linked the surge to on-chain Bitcoin transfers after the recent Coldcard hack.
Circle reported $701 million in second-quarter total revenue and reserve income, up 7% year over year. USDC circulation reached $73.3 billion at the end of the quarter. Quarterly on-chain transaction volume rose 151% to $14.8 trillion.
Bitwise derivatives head Gordon Grant said Bitcoin’s digital gold status depends on whether sanctioned states hold it, not only on its price behavior. Theo CIO Iggy Ioppe countered that BTC has failed every short-term hedge test this year.
Shaw Walters said Eliza's token is dead and the foundation is winding down operations. Walters said he no longer holds or supports any tokens and advised holders to sell or deal with their tokens themselves. He plans to restart Eliza and continue developing its underlying OS.
HyperliquidNews said HIP-3 deployers will be able to select fee multipliers from 0.1x to 3x after the next network upgrade. Deployers will be able to configure the fee multipliers on a per-asset basis.
Circle said Arc is scheduled to launch on public mainnet on September 16. The private mainnet has attracted over 100 institutions and ecosystem stakeholders.
Raiffeisen Bank International disclosed a 3,080% increase in its Strategy stake. The Austrian bank has $258 billion in assets and now holds 5,980 Strategy shares worth $554,000.
Cipher Digital shares fell 15.7% on Tuesday after the bitcoin miner reported a $267.5 million Q2 net loss. Bernstein kept an Outperform rating and a $32 price target. Bernstein said a Texas power audit could benefit established bitcoin miners and HPC developers.
John Kennedy urged the Senate to vote immediately on the CLARITY Act after years of crypto legislation discussions. Kennedy said waiting for unanimous agreement would prevent a vote from happening.
US prosecutors charged three Missouri men over an alleged failed plot to rob a Connecticut man of hundreds of millions of dollars in stolen Bitcoin. The indictment says the men planned to threaten the target’s family to force a cryptocurrency transfer. Each man faces a Hobbs Act robbery conspiracy charge carrying up to 20 years in prison.
$100M Coldcard Attack Pushes Swan CEO to Flag Bitcoin Vault Shift
Swan CEO Cory Klippsten said a $100M Coldcard attack has prompted Bitcoin holders to reassess custody decisions. Klippsten said his team has been organized to help affected holders move tokens to secure locations. He said affected users are turning to vault solutions rather than abandoning self-custody.