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Source-backed coverage

CRYPTO NEWS ARCHIVE

Permanently retained stories with extracted source text and completed, source-grounded AI summaries.

  1. BITCOINCoinDesk

    Bitcoin’s BIP-110 fork is 300 blocks behind BTC and six years from fixing itself

    A chain split caused by the proposed Bitcoin rule change BIP-110 resulted in a fork that has produced only two blocks and has since stalled, with the forked chain remaining on block 961,633 while Bitcoin's main chain has advanced to block 961,959. The forked chain inherited the current high mining difficulty but produces no market-valued coins, discouraging miners from supporting it, and it cannot lower its difficulty until reaching 2,016 blocks, a process now estimated to take over six years. The split occurred because BIP-110 proposed halting storage of non-payment data in transactions but was rejected by miners, leading to computers running BIP-110 software rejecting valid blocks without the marking, effectively segmenting the network. The current estimation indicates that the difficulty adjustment, which is needed to stabilize the chain, is about 6.3 years away, up from an initial estimate of 350 days, with changes depending on future mining activity. Some observers, like Himanshu Sahay, caution against prematurely labeling the split as a failure, emphasizing the importance of continued monitoring

  4. BITCOINCoinDesk

    Bitcoin's 'strongest hands' are back, on-chain data show

    On-chain data as reported by CoinDesk and Santiment indicate that Bitcoin’s so-called “strong hands,” wallets holding at least 10,000 BTC, have increased to 90, a six-month high, suggesting renewed accumulation by large investors. Over the past eight weeks, these wallets have added approximately $1.5 billion worth of BTC, and six new large-holder wallets have been created, reflecting a 7.1% rise. Meanwhile, smaller micro wallets have been shrinking, which Santiment attributes to recent events such as the Coldcard hardware-wallet exploit and delays to the U.S. Clarity Act. Analysts note that this pattern of large holders accumulating while smaller holders sell historically has preceded significant price movements, raising the possibility of an upward move above $70,000. As of the latest data, Bitcoin was trading near $64,000.

  5. BITCOINCoinDesk

    Trump Media’s bitcoin holdings shrink as crypto losses hit $361 million

    According to a CoinDesk report, Trump Media's bitcoin holdings declined from 9,542 in December 2025 to 9,477.16 as of June 30, 2026, with the fair value decreasing from $836 million to $557 million. The company recorded a $360.6 million loss on digital assets and pledged assets during the first half of 2026, much of which was unrealized. Additionally, Trump Media's crypto-related plans, including a proposed IPO and ETF partnership with Crypto.com, were terminated due to prevailing market conditions and changing stakeholder priorities. The company's bitcoin holdings also included 4,260.73 BTC pledged as collateral and 2,077.34 BTC for options, as of June 30.

  10. ALLCointelegraph

    UK money laundering suspect bought $100M in Trump crypto business: NYT

    According to a New York Times report, Guren Zhou, also known as Bobby, was behind the Aqua 1 entity that purchased $100 million worth of tokens from the Trump family company, World Liberty Financial, in June 2025, with the purchase benefiting members of Donald Trump’s family and World Liberty co-founder Zach Witkoff. Zhou was previously under investigation in the UK for money laundering following the collapse of a crypto business and was reportedly involved in the Aqua 1 investment, though the source of the funds remained unclear. The company Aqua 1, described as a "Web3-native fund" based in the UAE, acknowledged Dave Lee as co-founder and CEO but did not clarify whether he was responsible for the funds. Notable backers of World Liberty include Tron founder Justin Sun, who invested $45 million, and an Abu Dhabi entity backed by Sheikh Tahnoon bin Zayed Al Nahyan with a reported $500 million stake.

  14. ALTCOINSCoinDesk

    Grayscale quietly drops Cardano, Polkadot and Hedera ETF plans

    Grayscale has requested the SEC to withdraw proposals for ETFs tied to Cardano’s ADA, Polkadot’s DOT, and Hedera’s HBAR, indicating they no longer intend to proceed with these offerings, and none of the proposals had become effective or involved securities issuance (CoinDesk). The withdrawals, initiated by Grayscale and not by the SEC, were made shortly after the filings, with no reasons provided, though the tokens involved have experienced significant value declines over recent months. ADA, DOT, and HBAR have all lost substantial portions of their value since the filings, with the respective tokens experiencing declines of over 41%, 54%, and 35% year-to-date, and even larger drops since early 2025. Currently, Grayscale’s pipeline of proposed ETFs includes 17 products, but these three plans have been discontinued.

  16. ETHEREUMCoinDesk

    Bitmine’s ETH buying slows as Tom Lee's firm shifts capital to share buybacks

    Bitmine, the largest Ethereum treasury firm, bought 7,391 ETH last week, its smallest weekly purchase in 2026, bringing its holdings to over 5.8 million ETH, or about 4.8% of Ethereum’s total supply, as part of its 58-week-long accumulation streak. The firm has shifted funds towards stock buybacks, repurchasing 3 million shares worth an estimated $50 million to $58 million, and has bought back a total of 19.1 million shares since July. Thomas Lee, chairman of Bitmine, noted that the firm plans to slow its crypto accumulation as it approaches a 5% ownership goal, and emphasized that softer inflation and jobs data could benefit the crypto market despite delays to the CLARITY Act. Lee also mentioned that the Federal Reserve’s potential rate hike has become less likely, and that easing financial conditions may support crypto growth.

  20. ETHEREUMCoinDesk

    Crypto exchange Coinsbuy loses $8 million in coordinated two-blockchain attack

    According to CoinDesk, crypto exchange Coinsbuy lost over $8 million in a coordinated attack on August 9, involving both TRON and Ethereum blockchains. Blockchain researchers linked the operations through cross-chain swapper Bridgers, with the attacker routing approximately 79% of the stolen funds through FixedFloat using single-use addresses. ChangeNOW froze a six-figure sum after being contacted by Specter Investigations, and about $542,000 in ETH remains unmoved. Coinsbuy refilled the drained wallets within 24 hours, indicating that private keys were likely not compromised, although the attack vector has not been disclosed and the exchange has not issued a public statement.