Author: John Smith

Coinbase has pulled trading support for five cryptocurrencies after giving holders a month to prepare. Summary Coinbase disabled trading for IDEX, LRC, OMNI, PIRATE and FIS across major trading platforms Friday. Customers can still access and withdraw affected tokens, while Coinbase has not announced conversions yet. Coinbase first announced the five suspensions July 7, giving holders one month of advance notice. Six non-dollar pairs were separately suspended August 6, but their underlying tokens remain supported elsewhere. Coinbase says routine reviews determine whether listed assets continue meeting its standards across trading services. On Aug. 7, the exchange confirmed that trading had…

Fresh HYPE supply is moving through trading venues after HyperLabs unlocked 433,025 tokens worth more than $23 million, adding another test for Hyperliquid’s market as scheduled team distributions continue.  Summary HyperLabs unlocked 433,025 HYPE worth about $23.46 million and moved tokens toward trading venues afterward. Lookonchain linked transfers to Flowdesk and OKX, but exchange deposits do not confirm sales occurred. HYPE traded near $54.6 Sunday after falling from levels above $56 before the unlock activity. Hyperliquid team distributions follow a vesting schedule that began in January and continues through 2027. Protocol buybacks provide HYPE demand, creating a counterweight to supply…

XRP Ledger developers have retired five long active protocol amendments in xrpld version 3.3.0, but the move does not remove their features or require XRP holders to take action. Summary XRPL 3.3.0 retires five long-active amendments, making their post-activation behavior permanent within the core protocol. Clawback remains available after retirement because only obsolete pre-amendment code is removed from xrpld software. XRPL documentation allows amendment retirement after two years of Mainnet activation to reduce legacy complexity. Six new amendments entered version 3.3.0, but each still requires validator approval before Mainnet activation. Node operators should upgrade to version 3.3.0 promptly, while users…

Bitcoin’s BIP-110 split widened further on Aug. 9, with the enforcing branch still unable to produce a third block hours after mandatory signaling began.  Summary BIP-110 remains frozen at block 961,633 while Bitcoin’s main chain has advanced through block 961,744. Current-period signaling stands at zero among 113 main-chain blocks mined since mandatory signaling began Saturday. OCEAN reports 257 PH/s on its BIP-110 endpoint, with no new block for 17 hours. Roughnecks mined both BIP-110 blocks using OCEAN’s DATUM system at Bitcoin’s 127.48 trillion difficulty level. Saylor estimates 99.85% of hashpower rejected the fork, though that figure remains his own calculation.…

President Donald Trump has privately told senior aides he could end the U.S.-Iran war without securing a nuclear agreement if Tehran fully reopens the Strait of Hormuz, the Wall Street Journal reported on Aug. 9, citing U.S. officials. Summary Trump reportedly told aides he could end the Iran war without securing a nuclear deal. Iran says Hormuz reopening requires U.S. compensation, sanctions relief, freed assets, and broader security concessions. An Iran-Oman shipping agreement is in final stages, but Tehran says it cannot reopen Hormuz. Brent crude settled at $83.55 Friday, up 1.3%, as traders awaited clearer Hormuz negotiations details. Washington…

Bitcoin’s contentious BIP-110 test has moved from signaling into an actual chain split, and the first hours show miners overwhelmingly continuing to build on the existing Bitcoin chain. Summary BIP-110 entered mandatory signaling with just 51 of 2,016 prior blocks supporting the proposal overall. The enforcing branch stalled at block 961,633 while Bitcoin’s main chain reached 961,731 during Sunday. Mandatory signaling runs through block 963,647, with lock-in scheduled no later than block 963,648 afterward. A proof-of-work change remains contingency code, with Chris Guida saying no activation date exists yet. Replay risks remain for holders because transactions may be valid across…

Galaxy Research Vice President Lucas Tcheyan said on Aug. 7 that Ethereum and Solana are confronting a similar policy question: how much token issuance is needed to pay for network security, and when does that security budget become more costly than useful? The debate is moving through proposal processes on both networks, but neither blockchain has approved an inflation change. Summary Ethereum’s tapered issuance proposal is now EIP-8363, after editors reassigned its initially reported proposal number. EIP-8363 would burn rising validator rewards and remove issuance incentives near a 50% staking ratio. Solana’s SIMD-0550 would double annual disinflation to 30%, cutting…

Grayscale Head of Research Zach Pandl said on Aug. 8 that the CLARITY Act now appears unlikely to become law this year, pointing to a crowded Senate calendar and election year politics.  Summary Senate leaders filed cloture on CLARITY, setting a September 15 procedural test after August recess. Grayscale says passage this year appears unlikely, citing the Senate calendar and election year politics. The Senate Banking Committee advanced the bill 15 to 9 in a bipartisan May vote. SEC rulemaking can continue without CLARITY, including planned changes for crypto trading and custody rules. Grayscale warns missing federal legislation may push…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP faces renewed pressure after its first ETF outflow, while EX DeFi gains attention from investors seeking cloud mining and yield opportunities. Summary XRP ETF records its first monthly outflow as weakening price action raises concerns over short-term market sentiment. EX DeFi gains attention from XRP holders seeking cloud mining and yield strategies amid ongoing market volatility. Despite recent ETF outflows and price weakness, long-term optimism for XRP remains supported by institutional adoption. XRP price has recently remained weak,…

Circle has launched native USDC and its Cross-Chain Transfer Protocol on OKX’s X Layer, giving developers and businesses direct access to the regulated stablecoin across payments, DeFi and automated applications. Summary Native USDC is now available on X Layer, replacing the need to rely solely on bridged tokens. Circle’s CCTP enables cross-chain USDC transfers without wrapped assets or conventional liquidity pools. The launch expands native USDC support to 36 networks, while CCTP now connects 26 blockchains. Qualified businesses can issue and redeem USDC through Circle Mint on X Layer. Circle launches native USDC on X Layer Circle announced on Aug.…