Luke Dashjr was removed from his role as a Bitcoin Improvement Proposal (BIP) editor following concerns raised by other developers about his handling of BIP 110, a proposal that led to a stalled minority blockchain. The removal was finalized through a GitHub pull request merged on August 10, reducing the number of BIP editors from six to five. BIP 110 itself was marked as Closed after its minority chain stalled at block 961,633, with minimal mining support and no further blocks produced. Dashjr disputes the removal, calling it an abuse of power, while the incident exposed a lack of formal governance for appointing or removing BIP editors. The future focus remains on whether the BIP process will be formalized and if the stalled minority chain gains more mining support.
Ethereum's price has dropped over 60% from its 2025 peak but is showing signs of a potential major rebound. The cryptocurrency is currently trading near $1,870 within a falling wedge pattern, which often signals a bullish reversal if broken upward. I...
Blackrock has reduced the minimum in-kind conversion amount for its iShares Bitcoin Trust (IBIT) from $25 million to $1 million, allowing more mid-sized institutions to exchange bitcoin directly for IBIT shares. This change enhances price tracking ac...
Japan plans to use the Federal Reserve's FIMA repo facility to borrow dollars against its $1.37 trillion Treasury holdings to support the weakening yen, avoiding direct Treasury sales or aggressive rate hikes. This move could trigger a surge in dolla...
Decta has integrated the stablecoin USDC into its internal treasury operations to settle company funds internationally via OpenPayd's regulated infrastructure. This use of USDC is limited to Decta's own funds and does not extend to customer-facing pa...
Elbit Systems posted strong Q2 2026 results with revenues of $2.3 billion and GAAP net income of $173.6 million, reflecting double-digit growth driven by increased sales across multiple defense segments globally. The company’s order backlog hit a rec...
