A Bitcoin wallet accidentally paid 1.6 BTC (about $102,778) entirely in network fees without transferring any coins. This happened because an automated script repeatedly increased the transaction fee using Replace-by-Fee (RBF), eventually consuming the entire wallet balance. The transaction was confirmed in block 962,142, and miners collected 88% of the block's fees from this single error. This incident highlights risks in automated wallet scripts and the need for fee caps and manual checks to prevent costly mistakes.
Bitcoin dropped to $77k after Fed Chair Warsh hinted at more rate hikes, raising inflation fight concerns. However, Fed Governor Waller later suggested rates might stay unchanged in September, sparking a 5% Bitcoin rally and $730.8 million inflow int...
The G7 Cyber Expert Group has called on financial institutions to start planning a coordinated transition to post-quantum cryptography to safeguard against future quantum computer threats. This shift is a long-term effort requiring extensive inventor...
Michael Saylor, Executive Chairman of Strategy, stated that Americans can publicly discuss and recommend Bitcoin without needing a license, emphasizing Bitcoin as a commodity, not a security. This stance aligns with the Commodity Futures Trading Comm...
Grant Thornton Switzerland has officially attested the Cardano Foundation's 2025 financial statements directly on the Cardano blockchain, marking the first time a major crypto organization has received an on-chain auditor's signature. This audit, dat...
Bitcoin briefly rose above $82,000 on September 4 but then dropped 2.1% to around $79,560 after stronger-than-expected US employment data raised Treasury yields and the likelihood of a Fed rate hike. This weakened demand for risk assets like Bitcoin,...
