BIP-110 Bitcoin Fork Stalls at Two Blocks as Its Only Miner Quits
The Bitcoin chain enforcing BIP-110 has not produced a block since Saturday night, and supporters are now discussing a change to Bitcoin's proof-of-work algorithm.
• Luke Dashjr, who maintains Bitcoin Knots and is chief technology officer of the mining pool Ocean, is among those discussing the proof-of-work change.
#DeFi #Bitcoin #BIP110 #OCEAN #BitcoinKnots #LukeDashjr
@DeFiYieldChannel
The Bitcoin chain enforcing BIP-110 has not produced a block since Saturday night, and supporters are now discussing a change to Bitcoin's proof-of-work algorithm.
• The fork split from the main chain at height 961,632 on Aug. 8, when the proposal's mandatory rules took effect.
• BIP-110 locks in only at block 963,648 and activates at 965,664 — both fixed heights with no date-based timeout, requiring 2,015 more blocks at full network difficulty before any retarget relief.
• OCEAN will refund roughly 0.3 BTC to miners whose hashrate its Stratum templates sent to the breakaway chain for about 18 hours.
• Luke Dashjr, who maintains Bitcoin Knots and is chief technology officer of the mining pool Ocean, is among those discussing the proof-of-work change.
#DeFi #Bitcoin #BIP110 #OCEAN #BitcoinKnots #LukeDashjr
@DeFiYieldChannel
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Ether Products Lead $600M Crypto ETP Flow Rebound in July
Global crypto exchange-traded products drew a net $600 million in July, their first positive month since April, according to a 21Shares monthly flows report published Aug. 10.
• The month ends a stretch of redemptions, with $2.5 billion leaving crypto ETPs and ETFs in May and June.
#DeFi #Ether #Bitcoin #ETPs #21Shares #TradFi
@DeFiYieldChannel
Global crypto exchange-traded products drew a net $600 million in July, their first positive month since April, according to a 21Shares monthly flows report published Aug. 10.
• Ether-native products took $350 million of the inflows, roughly twice the $176 million that went into bitcoin-native products.
• XRP products added $34 million, Solana products $13 million and baskets $7 million, per the report citing Bloomberg data for the five largest underlyings by assets under management.
• Bitcoin products still took 78.5% of the $133.3 billion traded in global crypto ETPs during July.
• The month ends a stretch of redemptions, with $2.5 billion leaving crypto ETPs and ETFs in May and June.
#DeFi #Ether #Bitcoin #ETPs #21Shares #TradFi
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Strategy Sells $109M in Bitcoin to Buy Back STRC
Strategy sold $109M in Bitcoin last week, using the proceeds to repurchase STRC.
• $109M in BTC sold during the past week
• Proceeds used to buy back STRC tokens
• Separate USD Reserve capacity left untouched
#DeFi #Strategy #Bitcoin #STRC
@DeFiYieldChannel
Strategy sold $109M in Bitcoin last week, using the proceeds to repurchase STRC.
• $109M in BTC sold during the past week
• Proceeds used to buy back STRC tokens
• Separate USD Reserve capacity left untouched
#DeFi #Strategy #Bitcoin #STRC
@DeFiYieldChannel
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eToro to Acquire US Brokerage TradeZero for Up to $231M as Crypto Revenue Shrinks
eToro Group has agreed to buy TradeZero, a US-focused online brokerage for active traders, in a deal worth up to $231 million in cash plus up to 2.5 million newly issued Class A shares.
• The broker-dealer's chief executive settled SEC charges in 2022.
#DeFi #eToro #TradeZero #CeFi #SEC
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eToro Group has agreed to buy TradeZero, a US-focused online brokerage for active traders, in a deal worth up to $231 million in cash plus up to 2.5 million newly issued Class A shares.
• The Nasdaq-listed company announced the deal in a filing with the US Securities and Exchange Commission on Tuesday.
• TradeZero Holding Corp. owns TradeZero America, a US broker-dealer serving US clients since 2019, along with entities in the Bahamas, Canada and the Netherlands.
• The purchase is eToro's third acquisition signed this year and is not expected to close until the first half of 2027, pending regulatory approvals.
• The broker-dealer's chief executive settled SEC charges in 2022.
#DeFi #eToro #TradeZero #CeFi #SEC
@DeFiYieldChannel
ENS Tokenholders Hand Endowment Control to a Staffed Foundation
ENS tokenholders approved and executed a proposal turning the ENS Foundation into a staffed organization with a full-time executive director and a five-seat board, granting it onchain control of the DAO's endowment.
• Co-founder Alex Van de Sande voted no after decoding the executable, arguing the DAO disappears from the endowment's control chain.
#DeFi #ENS #Ethereum #Governance #DAO
@DeFiYieldChannel
ENS tokenholders approved and executed a proposal turning the ENS Foundation into a staffed organization with a full-time executive director and a five-seat board, granting it onchain control of the DAO's endowment.
• The proposal passed with 1.27 million ENS in favor and 480,690 against.
• The executable swapped the sole owner of the Endowment Safe for a new timelock contract with a nine-day delay, whose only proposer is the Foundation's 3-of-5 multisig.
• The Security Council can cancel queued transactions on five of eight signatures.
• Co-founder Alex Van de Sande voted no after decoding the executable, arguing the DAO disappears from the endowment's control chain.
#DeFi #ENS #Ethereum #Governance #DAO
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Riot Platforms Soars on Reported Anthropic Data Center Lease
Bloomberg has named Anthropic as the undisclosed tenant behind a major data center lease that sent Bitcoin miner Riot Platforms shares higher.
• Riot Platforms shares jumped following news of the large data center agreement
• Bloomberg identified the previously undisclosed tenant as AI company Anthropic
• The deal marks a significant expansion of Riot's data center infrastructure business
#DeFi #RiotPlatforms #Anthropic #Bitcoin #DataCenter #AI
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Bloomberg has named Anthropic as the undisclosed tenant behind a major data center lease that sent Bitcoin miner Riot Platforms shares higher.
• Riot Platforms shares jumped following news of the large data center agreement
• Bloomberg identified the previously undisclosed tenant as AI company Anthropic
• The deal marks a significant expansion of Riot's data center infrastructure business
#DeFi #RiotPlatforms #Anthropic #Bitcoin #DataCenter #AI
@DeFiYieldChannel
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Harmony Patches Pre-Staking Quorum and Receipt-Replay Flaws After ONE Mint Claim
Harmony released a mainnet patch on Aug. 12 addressing two verification paths after reports of an unauthorized ONE mint.
• An analyst’s estimate of four billion unauthorized ONE remains unconfirmed.
#DeFi #Harmony #ONE #BridgeSecurity #Exploit #MainnetPatch
@DeFiYieldChannel
Harmony released a mainnet patch on Aug. 12 addressing two verification paths after reports of an unauthorized ONE mint.
• The v2026.1.1 release fixes a quorum check affecting pre-staking-epoch committees and a cross-shard receipt mechanism that could apply the same transfer more than once.
• Harmony said it was working with exchanges to freeze funds, preparing a patch and evaluating rollback options.
• Harmony later identified four wallets for exchanges to block and paused its bridge.
• An analyst’s estimate of four billion unauthorized ONE remains unconfirmed.
#DeFi #Harmony #ONE #BridgeSecurity #Exploit #MainnetPatch
@DeFiYieldChannel
Solana Foundation Under Fire Over Alleged 'Kingmaking' in Perps Race
Flash.Trade's founder says Foundation backing for a rival contributed to his decision to wind the perps exchange down; Foundation president Lily Liu insists the market decides who wins.
• Solana's perps market cleared $1.34 billion in volume.
#DeFi #Solana #SolanaFoundation #Perps #FlashTrade
@DeFiYieldChannel
Flash.Trade's founder says Foundation backing for a rival contributed to his decision to wind the perps exchange down; Foundation president Lily Liu insists the market decides who wins.
• Flash.Trade founder Anas Khader gave three reasons for shutting down his Solana perps exchange on Aug. 7, with the second one naming the Solana Foundation.
• Four days later, Foundation president Lily Liu publicly rejected the word "kingmaking" in the debate over how the organization should behave in a competitive category.
• The core question: should an entity with a treasury and large audience concentrate support behind the product it judges best for the chain, or spread support and let volume settle it.
• Solana's perps market cleared $1.34 billion in volume.
#DeFi #Solana #SolanaFoundation #Perps #FlashTrade
@DeFiYieldChannel
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Bitwise Cuts 14% of Staff as Client Assets Fall to $9 Billion
Crypto asset manager Bitwise has reduced its workforce by about 14%, trimming headcount to roughly 155 from around 180.
• Bitwise now lists $9 billion in client assets.
#DeFi #Bitwise #BITW #CryptoAssetManagement #CeFi
@DeFiYieldChannel
Crypto asset manager Bitwise has reduced its workforce by about 14%, trimming headcount to roughly 155 from around 180.
• The cuts amount to roughly 25 positions, confirmed via an emailed statement reported by Bloomberg.
• The reduction reverses part of a rapid hiring cycle — Bitwise had 108 employees and more than 40 investment products in August 2025.
• Its BITW index fund ended June with $532.8 million in net assets, down from $1.03 billion at year-end.
• Bitwise now lists $9 billion in client assets.
#DeFi #Bitwise #BITW #CryptoAssetManagement #CeFi
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Standard Chartered: $100 UNI Target May Be Too Low After Robinhood Chain Burns
Standard Chartered's global head of digital assets research says the $100 end-2030 price target he set for UNI in June may be too low, citing the rate at which Uniswap is burning tokens with fees earned on Robinhood Chain.
• Uniswap's fee income has become concentrated in a single venue faster than any of the bank's 2030 assumptions about tokenized assets moving on-chain.
#DeFi #Uniswap #UNI #RobinhoodChain #StandardChartered #DefiLlama
@DeFiYieldChannel
Standard Chartered's global head of digital assets research says the $100 end-2030 price target he set for UNI in June may be too low, citing the rate at which Uniswap is burning tokens with fees earned on Robinhood Chain.
• Geoff Kendrick says UNI burns funded by Robinhood Chain trading have run at an annualized $90 million since Jul. 27.
• DefiLlama data puts Uniswap's protocol revenue at 2.4 times its prior level, with Robinhood Chain supplying about 60% of it.
• The burn rate is extrapolated from a 17-day window, and most of it comes from a chain that launched on Jul. 1.
• Uniswap's fee income has become concentrated in a single venue faster than any of the bank's 2030 assumptions about tokenized assets moving on-chain.
#DeFi #Uniswap #UNI #RobinhoodChain #StandardChartered #DefiLlama
@DeFiYieldChannel
Tempo Launches Embedded Yield Product for Platforms, Starting With Deel
Tempo on Aug. 12 launched Tempo Earn, a product that lets fintechs pay users rewards on idle stablecoin balances while keeping part of the return, with payroll platform Deel as the first named deployment.
• Tempo Earn sources the yield elsewhere: tokenized money market funds, onchain lending and institutional credit.
#DeFi #Tempo #Deel #Morpho #Stablecoins #GENIUSAct
@DeFiYieldChannel
Tempo on Aug. 12 launched Tempo Earn, a product that lets fintechs pay users rewards on idle stablecoin balances while keeping part of the return, with payroll platform Deel as the first named deployment.
• Tempo Earn routes rewards through Morpho vaults and tokenized money market funds, placing the payment outside the stablecoin issuer that US law bars from paying interest.
• Deel's contractor wallet is the first named deployment, at a promotional target rate of up to 4% APY.
• Section 4(a)(11) of the GENIUS Act bars any permitted payment stablecoin issuer from paying holders "any form of interest or yield" for holding the token.
• Tempo Earn sources the yield elsewhere: tokenized money market funds, onchain lending and institutional credit.
#DeFi #Tempo #Deel #Morpho #Stablecoins #GENIUSAct
@DeFiYieldChannel
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SharpLink Plans $200M ETH Allocation to Lido’s wstETH
SharpLink is adding Lido to its treasury strategy, planning to stake $200 million of ETH through the liquid-staking protocol.
• SharpLink said substantially all of its ETH was deployed in staking as of June 28, split among native ETH, Liquid Collective’s LsETH and Ether.fi’s weETH, with Lido described as an addition to its existing staking and restaking strategy
#DeFi #Lido #wstETH #EtherFi #LiquidCollective #SharpLink
@DeFiYieldChannel
SharpLink is adding Lido to its treasury strategy, planning to stake $200 million of ETH through the liquid-staking protocol.
• The allocation equates to roughly 106,000 ETH, based on Kraken’s displayed ETH price of $1,889.84
• That represents about 12% of SharpLink’s 888,938 ETH holdings reported as of Aug. 3
• The wstETH will be held with Anchorage Digital
• SharpLink said substantially all of its ETH was deployed in staking as of June 28, split among native ETH, Liquid Collective’s LsETH and Ether.fi’s weETH, with Lido described as an addition to its existing staking and restaking strategy
#DeFi #Lido #wstETH #EtherFi #LiquidCollective #SharpLink
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