Author: WebDesk

Since over $70 million in Bitcoin was stolen yesterday by an attack that exploited a fault in the Coldcard’s system, it has been reported that the thief used a top blockchain services provider for help.  Writing on X Friday, engineer at payments company Block, Clay Garrett, said that the provider — who he did not name at the request of the services provider — had been contacted after finding blockchain movements matched the “suspected workflow” of the attacker.  “During our investigation of the Coldcard drain yesterday, we identified an unusual pattern in the sweeps,” Garrett said.  “That pattern led us…

NEAR has launched a staking-based payment model for NEAR AI, giving users a way to lock NEAR tokens and receive monthly compute credits instead of paying through traditional cloud billing or credit-card rails. According to the validated notes, the system gives users access to 43 hosted AI models, including models from OpenAI, Anthropic, and Google. The key detail is that tokens are not consumed. Users lock NEAR and receive compute credits proportional to their stake size. That makes this more interesting than a simple payment integration. NEAR is trying to tie token utility directly to AI usage. Instead of asking…

Base just switched on something big for token builders: a native token standard called B20. If you’ve been minting ERC-20s for years, B20 looks familiar on the surface — but the guts are different. This piece breaks down what changed, why it matters for issuers and traders, and what to watch next.We’ll compare B20 to ERC-20 in plain English, walk through how the factory actually works, and flag early on-chain patterns from launch week. There’s a checklist for safe deployment and a few traps to avoid if you’re buying into new B20 tickers. Editor’s note: I watched Base’s B20 go…

ENS Labs has revised a governance proposal after delegate criticism over treasury control, choosing to keep the DAO’s primary operational wallet custody in place rather than moving broader control to the Foundation. According to the validated notes, the revised plan scraps the more contentious transfer of the DAO’s operational wallet, which includes ETH and stablecoins. The DAO retains custody, while only the $65 million Endowment Safe is set to transition to the Foundation, subject to a timelock and Security Council cancellation rights. The DAO’s 54.6 million ENS tokens remain with tokenholders, while the Foundation would receive a 1 million ENS…

Bitcoin ETFs are buying again, but Bitcoin is moving in the opposite direction. U.S. spot ETFs pulled in $233.1 million on July 30, led by BlackRock, yet BTC slipped below $63,000.This has left investors wondering, why is Bitcoin falling while institutions are buying?Bitcoin ETFs Turn Positive After Heavy Weekly OutflowsU.S. spot Bitcoin ETFs have returned to positive territory after facing heavy selling pressure earlier this week. The funds recorded $233.1 million in net inflows on July 30, with BlackRock’s IBIT driving most of the buying as institutional demand showed signs of returning.BlackRock remains the key driver behind the latest recovery.…

The Clarity Act will likely get through despite some — older — Democrats holding it back, according to Coinbase’s Chief Policy Officer, Faryar Shirzad.  Speaking on The Hill’s morning Rising show Friday, Shirzad said that crypto was “maybe the most bipartisan issue in Washington.”  JUST IN: 🇺🇸 Coinbase Chief Policy Officer talks CLARITY ACT progress on The Hill:””We’ve got ethics nailed down, we’ve got nominations nailed down, we’ve got a bipartisan bill on the substance, we should be good to go” 👏 pic.twitter.com/gMKuM7ujYs— Bitcoin Magazine (@BitcoinMagazine) July 31, 2026 He added that while some lawmakers were holding back the long-awaited…

Rollups promised scale without throwing away Ethereum’s security. Then came the awkward bit: most of them still relied on one sequencer to decide who gets in next. Based rollups are the pushback to that.Here’s the idea in plain terms. Instead of trusting an L2-run server to order your transaction, you let Ethereum’s own block proposers do it. The base layer sets the order. The rollup derives its chain from that order. No central sequencer in the middle.That sounds tidy. In practice, it shifts power, latency, and MEV in new ways. Let’s unpack how it works, what you gain, where the…

Uniswap governance has activated a protocol fee switch on v4 liquidity pools, pushing protocol revenue higher and directing collected fees toward UNI buy-and-burn mechanics rather than direct distributions to tokenholders. The validated notes point to Uniswap Governance Proposal 100 passing with about 46.6 million votes in favor and roughly 1.27 million opposed. The mechanism collects around one-sixth of swap fees into TokenJar contracts, which are then used to buy and burn UNI. Daily protocol revenue has reportedly risen to about $325,000 from a prior run rate near $114,000. The activation spans seven networks: Ethereum, Arbitrum, Base, BNB Chain, Polygon, OP…

Hyperliquid, a decentralized layer-1 blockchain, has opened its first permissionless HIP-4 deployments on testnet, giving developers a new way to create prediction and outcome markets. The launch comes as the HYPE price falls toward $53, with large whale transfers adding to pressure on the token.Hyperliquid Opens HIP-4 Markets on TestnetHyperliquid said HIP-4 permissionless deployments are now live on testnet, allowing anyone to deploy an outcome market without an auction or gas fee.Developers must stake 100 HYPE to become an outcome deployer. They can then choose from templates approved by Hyperliquid validators and set the underlying asset, target, and expiry.The testnet currently…

CleanCore Solutions has signed a 10-year colocation agreement with Cerebras Systems valued at $800 million, and the story is not just that a small public company has moved into AI infrastructure. It is that a company previously known in crypto circles for its Dogecoin treasury has now made a much larger corporate pivot. According to the validated notes, CleanCore committed $40 million in initial capital and up to $500 million in total funding for the deal. The agreement is tied to AI data center infrastructure rather than a new crypto initiative, and CleanCore has already indicated that it is shifting…