Official Trump’s team has transferred about $16.91 million in TRUMP tokens to Fireblocks custody wallets as Senate negotiations over ethics rules in the CLARITY Act remain stalled. Summary 16.84 million TRUMP tokens were sent to three Fireblocks custody addresses, according to Arkham Intelligence. Arkham said the addresses had previously moved received TRUMP tokens onward to
The primary expense that must be paid by a blockchain is that of security. The blockchain must pay miners or validators to economically participate in its consensus protocol, whether proof of work or proof of stake, and this inevitably incurs some cost. There are two ways to pay for this cost: inflation and transaction fees.
Total value locked has roughly tripled since mid-July to about $312 million, according to DefiLlama, and Robinhood Chain is now clearing more than $600 million in daily decentralized-exchange volume, putting it among the more active networks in crypto. Robinhood Chain’s locked value has more than doubled since mid-July. (Shaurya Malwa/CoinDesk) Its transaction count has also
Bitcoin price has dipped under intense macro headwinds today, July 25, as the Nasdaq-100 index plunged to its lowest level since May 5 over escalating concerns regarding heavy artificial intelligence spending by tech giants. Summary Bitcoin price slid 2.49% to $64,017 as tech-driven Nasdaq liquidations and 4.71% Treasury yields triggered defensive profit-taking. Spot BTC ETFs
I’m joining Ethereum as a formal verification engineer. My reasoning: formal verification makes sense as a profession only in a rare situation where the verification target follows short, simple rules (EVM); the target carries lots of value (Eth and other tokens); the target is tricky enough to get right (any nontrivial program); and the community
Senate Majority Leader John Thune plans to push the CLARITY Act toward a floor vote before the August recess, potentially forcing senators to publicly declare their positions even if the crypto market structure bill cannot overcome a filibuster. Summary Thune wants a Senate vote before the August recess, despite uncertainty over the required 60 votes.
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Investment giant Fidelity is the latest big player to back the latest version of the long-awaited Clarity Act. The Boston-based firm’s “Public Policy” account on X said Friday that it was urging the Senate to pass the bill. Lawmakers have been hashing out the crypto market structure bill since last year. A new improved draft
Across Protocol’s Risk Labs-operated relayer lost less than $4 million after an attacker fabricated $41.7 million in Solana deposit events, according to a post-incident report released by the cross-chain protocol. Summary 1,627 fake deposits worth $41.7 million targeted 18 chains during the Solana attack. Risk Labs’ relayer paid $4.5 million across 581 fraudulent requests before
URGENT ALL MINERS: The network is under attack. The attack is a computational DDoS, ie. miners and nodes need to spend a very long time processing some blocks. This is due to the EXTCODESIZE opcode, which has a fairly low gasprice but which requires nodes to read state information from disk; the attack transactions are
