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Project Overview
Bitcoin Cash is a cryptocurrency that intends to provide an alternative to Bitcoin. Launched in 2017, Bitcoin Cash was created by a group of Bitcoin users who disagreed with the roadmap proposed by the project's principal developer group, Bitcoin Core, and believed that different technical decisions were necessary to make Bitcoin available to a global audience.
Bitcoin BIP-110 enters four-week countdown as community faces critical decision on activating contentious soft fork
Odaily News Bitcoin nodes running BIP-110 rules have begun enforcing mandatory signaling mechanisms at block height 961,632. Latest data shows that BIP-110 miner signaling support fluctuates between just 0.3% and 2.6%, with no major mining pool publicly supporting the proposal. Nodes enabling BIP-110 enforcement rules are mainly operated by users running Bitcoin Knots software. These nodes subsequently reject blocks that do not emit signals, effectively isolating themselves from the Bitcoin main network.It is reported that the BIP-110 signaling period will continue until Bitcoin block height 965,664, expected to conclude in approximately four weeks. At that point, the community will face the critical decision of whether to activate the proposal. If the 55% miner support threshold is reached during the signaling period, BIP-110's data limit rules will take effect at block height 965,664 and remain active for approximately one year, covering around 52,416 blocks.Analysts point out that unlike the 2017 Bitcoin Cash fork, the BIP-110 split lacks substantial miner support and exchange infrastructure. If the number of nodes and hash power separating from the main chain proves insufficient, the forked chain could face severe block production speed issues. Since Bitcoin's difficulty adjustment mechanism relies on stable hash power, when a minority chain loses adequate miner support, block generation times could extend from the target 10 minutes to several hours or even days.For Bitcoin Knots node operators who have already enabled BIP-110 rules, the current practical impact is that their nodes can no longer stay synchronized with the Bitcoin main network. Going forward, they will need to either disable the enforcement rules and resynchronize with the main chain, or continue running this independent network that lacks widespread support. (Cryptobriefing)
Cryptocurrency May Become Primary Target of Quantum Computing Attacks, Governance Speed Poses Greatest Risk
According to CoinDesk, Eddy Zervigon, CEO of quantum computing security infrastructure company Quantum Xchange, stated that cryptocurrencies, due to their decentralized nature, will become the "canary in the coal mine" for quantum computing attacks—that is, the area where vulnerabilities will be exposed first. Latest assessments by Google researchers show that the number of physical qubits required to break Bitcoin's elliptic curve encryption has decreased 20-fold compared to previous estimates, and multiple institutions have brought forward the expected date of "Q-Day" (the day quantum computers can break existing encryption systems) to 2029. Deutsche Digital Assets pointed out that the real risk lies not in the encryption technology itself, but in the speed of governance—Bitcoin upgrades require 90% miner consensus, which has historically triggered hard forks (such as the 2017 SegWit upgrade leading to the birth of Bitcoin Cash), whereas traditional financial institutions only need a board resolution to complete encryption infrastructure migration. Additionally, experts caution that the quantum threat is not a binary event that "arrives suddenly on a certain day"; even if quantum computers require months to crack data, as long as the cracking is completed while the data is still valuable, the threat is established.
Binance to Delist 12 Spot Trading Pairs, Including ENA/BTC and MAGIC/BTC, on May 8
According to the official announcement, Binance will delist and cease trading for the following spot trading pairs on May 8, 2026, at 03:00 UTC: AVA/BTC, BCH/BNB, CFX/BTC, ENA/BTC, HBAR/FDUSD, LA/BNB, MAGIC/BTC, OP/BTC, PUNDIX/USDC, STEEM/ETH, WIN/TRX, and XPL/FDUSD. At that time, Binance will also terminate its Spot Trading Bot service for these trading pairs. Users must update or cancel their bots before the service discontinuation to avoid potential losses. Delisting these trading pairs does not affect the availability of the corresponding tokens in other trading pairs on Binance.
Bitcoin Developer Paul Sztorc Plans August Launch of Hard Fork eCash, Offers 1:1 BTC Exchange, Sparks Community Controversy
Bitcoin developer Paul Sztorc has announced the official launch of the Bitcoin hard fork network eCash in August this year. BTC holders will be able to exchange BTC for eCash at a 1:1 ratio after the hard fork goes live. It is reported that the Layer1 node software of the network will be a "near copy" of the Bitcoin Core client, continuing to use the SHA-256 hashing algorithm, with a reduced initial mining difficulty to attract more miners to participate. Additionally, eCash will be equipped with seven Layer2 scaling networks called "drivechains" to increase transaction throughput and support optional on-chain privacy features.Paul Sztorc stated that eCash differs from Bitcoin Cash in 2017, as it will no longer use the "Bitcoin" branding, positioning it as a long-term solution to Bitcoin's scalability and privacy issues. However, his proposal to manually redistribute a portion of Satoshi Nakamoto's approximately 1.1 million BTC to early investors has sparked strong controversy within the community. Some Bitcoin supporters criticize the move as potentially constituting "theft" and undermining Bitcoin's principles. (Cointelegraph)
Related news
Bitcoin BIP-110 enters four-week countdown as community faces critical decision on activating contentious soft fork
Odaily News Bitcoin nodes running BIP-110 rules have begun enforcing mandatory signaling mechanisms at block height 961,632. Latest data shows that BIP-110 miner signaling support fluctuates between just 0.3% and 2.6%, with no major mining pool publicly supporting the proposal. Nodes enabling BIP-110 enforcement rules are mainly operated by users running Bitcoin Knots software. These nodes subsequently reject blocks that do not emit signals, effectively isolating themselves from the Bitcoin main network.It is reported that the BIP-110 signaling period will continue until Bitcoin block height 965,664, expected to conclude in approximately four weeks. At that point, the community will face the critical decision of whether to activate the proposal. If the 55% miner support threshold is reached during the signaling period, BIP-110's data limit rules will take effect at block height 965,664 and remain active for approximately one year, covering around 52,416 blocks.Analysts point out that unlike the 2017 Bitcoin Cash fork, the BIP-110 split lacks substantial miner support and exchange infrastructure. If the number of nodes and hash power separating from the main chain proves insufficient, the forked chain could face severe block production speed issues. Since Bitcoin's difficulty adjustment mechanism relies on stable hash power, when a minority chain loses adequate miner support, block generation times could extend from the target 10 minutes to several hours or even days.For Bitcoin Knots node operators who have already enabled BIP-110 rules, the current practical impact is that their nodes can no longer stay synchronized with the Bitcoin main network. Going forward, they will need to either disable the enforcement rules and resynchronize with the main chain, or continue running this independent network that lacks widespread support. (Cryptobriefing)
Cryptocurrency May Become Primary Target of Quantum Computing Attacks, Governance Speed Poses Greatest Risk
According to CoinDesk, Eddy Zervigon, CEO of quantum computing security infrastructure company Quantum Xchange, stated that cryptocurrencies, due to their decentralized nature, will become the "canary in the coal mine" for quantum computing attacks—that is, the area where vulnerabilities will be exposed first. Latest assessments by Google researchers show that the number of physical qubits required to break Bitcoin's elliptic curve encryption has decreased 20-fold compared to previous estimates, and multiple institutions have brought forward the expected date of "Q-Day" (the day quantum computers can break existing encryption systems) to 2029. Deutsche Digital Assets pointed out that the real risk lies not in the encryption technology itself, but in the speed of governance—Bitcoin upgrades require 90% miner consensus, which has historically triggered hard forks (such as the 2017 SegWit upgrade leading to the birth of Bitcoin Cash), whereas traditional financial institutions only need a board resolution to complete encryption infrastructure migration. Additionally, experts caution that the quantum threat is not a binary event that "arrives suddenly on a certain day"; even if quantum computers require months to crack data, as long as the cracking is completed while the data is still valuable, the threat is established.
CME Group Launches Nasdaq CME Cryptocurrency Index Futures, Covering BTC, BCH, ETH, SOL, XRP, ADA, LINK, and XLM
Cointelegraph posted on X platform, stating that CME Group has launched Nasdaq CME cryptocurrency index futures, covering BTC, Bitcoin Cash, ETH, SOL, XRP, ADA, LINK, and XLM.
CME Group Launches Nasdaq CME Cryptocurrency Index Futures
According to PR Newswire, CME Group announced the launch of Nasdaq CME Crypto Index Futures. These contracts will be cash-settled at expiration based on the index value of the Nasdaq CME Crypto Settlement Price Index. As stated in the announcement, as of June 9, the index includes Bitcoin, Bitcoin Cash, Ethereum, SOL, XRP, ADA, LINK, and Lumens.
Kalshi applies to launch perpetual futures for 12 tokens including Ethereum, XRP, Solana, and Dogecoin
Prediction market platform Kalshi has submitted a self-certification application to launch derivatives linked to Ethereum, XRP, Solana, Dogecoin, Stellar, Chainlink, Bitcoin Cash, Litecoin, Sui, Shiba Inu, Polkadot, and Hedera. This follows the CFTC's approval of Bitcoin perpetual futures last Friday. The CFTC stated that perpetual futures products that US companies intend to list, other than Bitcoin, will be reviewed on a case-by-case basis, and noted that the design of such derivatives may not be suitable for all asset classes. Therefore, this batch of products submitted by Kalshi has not yet been approved.
Binance to Delist 12 Spot Trading Pairs, Including ENA/BTC and MAGIC/BTC, on May 8
According to the official announcement, Binance will delist and cease trading for the following spot trading pairs on May 8, 2026, at 03:00 UTC: AVA/BTC, BCH/BNB, CFX/BTC, ENA/BTC, HBAR/FDUSD, LA/BNB, MAGIC/BTC, OP/BTC, PUNDIX/USDC, STEEM/ETH, WIN/TRX, and XPL/FDUSD. At that time, Binance will also terminate its Spot Trading Bot service for these trading pairs. Users must update or cancel their bots before the service discontinuation to avoid potential losses. Delisting these trading pairs does not affect the availability of the corresponding tokens in other trading pairs on Binance.