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BIP-110 minority Bitcoin chain stalls, debates changing PoW to revive mining activity.

Market News
09 Aug 2026
Bitcoin
View Source
Bearish
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The BIP-110 minority Bitcoin chain stalled after mining only two blocks due to inheriting Bitcoin's massive mining difficulty but lacking sufficient hashpower. Supporters, including developer Luke Dashjr, are considering changing the chain's proof-of-work (PoW) algorithm to escape reliance on Bitcoin's SHA-256d miners and revive block production. The debate includes choosing a new PoW algorithm that avoids dominance by existing ASIC miners while maintaining network security. No PoW change has been activated yet, and the chain remains stalled as supporters weigh options to attract miners or alter consensus rules.

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Pump.fun outpaces Hyperliquid with $33.73M monthly revenue as $PUMP token rises 12%.

Pump.fun outpaces Hyperliquid with $33.73M monthly revenue as $PUMP token rises 12%.

Pump.fun, a Solana-based memecoin launchpad, generated $33.73 million in revenue over 30 days, surpassing Hyperliquid's $32.73 million. Despite Hyperliquid having a much larger total value locked ($6.041 billion vs. $251.4 million), Pump.fun's effici...

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Hyperliquid leads on-chain perpetual futures with 263K+ active traders and $9B+ open interest

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Hyperliquid, a decentralized exchange founded by a former Wall Street quant, now dominates on-chain perpetual futures trading with over 263,000 active traders and nearly 70% market share. It offers more than 300 perpetual and spot markets across cryp...

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XRP ETFs gain for fourth week but price nears key $1 support amid cautious market signals

XRP ETFs gain for fourth week but price nears key $1 support amid cautious market signals

XRP-linked spot ETFs have recorded a fourth consecutive week of gains, with July net inflows totaling $27.29 million. However, inflows slowed sharply in early August to about $1 million, contrasting with strong Bitcoin and Ethereum ETF inflows. Meanw...

Market News
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JPYC circulation tops ¥2B but needs deeper USDC liquidity for bigger DeFi moves

JPYC circulation tops ¥2B but needs deeper USDC liquidity for bigger DeFi moves

JPYC stablecoin circulation has surpassed ¥2 billion, signaling growing interest in yen-based DeFi. However, liquidity in the JPYC/USDC trading pool remains shallow at around $275,000, limiting larger transactions and cross-market opportunities. Anal...

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RadNet posts record Q2 revenue of $622.7M, boosts 2026 guidance on strong imaging and digital health growth

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RadNet reported a 25% increase in Q2 2026 revenue to $622.7 million, driven by higher imaging volumes and a 56.5% rise in digital health revenue. Adjusted EBITDA reached a record $99.7 million, with advanced imaging procedures growing significantly. ...

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