News linked to both this project and an event.
Bitcoin payment processing service BTCPay Server has temporarily restricted public remote connections to Lightning Network nodes running Lightning Network Daemon (LND) software. Attackers exploited a severe vulnerability to obtain credentials and transfer funds. The number of affected operators and the total amount stolen have not yet been disclosed. This restriction affects external wallets such as Zeus that connect via BTCPay Server domains or Tor onion addresses in Docker deployments, but Lightning Network payments can still continue. BTCPay Server stated that remote access functionality will be restored once security is confirmed. BTCPay Server 2.4.2 will install LND 0.21.1 and automatically regenerate macaroon credentials during standard installation. Foundation and Citadel21 have respectively disclosed that funds from their Lightning Network nodes were swept. Foundation stated that hot wallets were not affected, and the specific amounts of losses have not been disclosed.
The Bitcoin fork chain supporting BIP-110, after triggering at block height 961,632, produced only 2 blocks in approximately 8 hours since launch, indicating significantly insufficient hashrate support, and the fork is nearing failure. Currently, this branch remains at height 961,633, while the Bitcoin main chain has advanced to 961,681.
Odaily News: The Bitcoin minority fork chain created by BIP-110 supporters has produced only 2 blocks in approximately 8 hours and has essentially stalled; during the same period, the Bitcoin main chain has advanced 48 blocks. The proposal aims to temporarily prohibit the storage of non-financial data such as images and text in Bitcoin transactions. Supporters believe this move can reduce congestion and costs, while critics argue it restricts users' freedom to utilize block space they have already paid for. The fork chain has recently received only 2.53% mining support, and its block production speed is extremely slow, making it difficult to meet the threshold before the signaling deadline. Additionally, if users sell the fork coins while spending their main chain Bitcoin, they may face risks similar to replay attacks.
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)
According to CoinDesk, the controversial BIP-110 soft fork proposal initiated the signaling window at Bitcoin block height 961,632 at approximately 3:35 AM Beijing Time early this Sunday morning (UTC 19:35), officially entering the mandatory signaling phase. The proposal aims to temporarily restrict non-financial data from being written to the Bitcoin blockchain, but currently the miner support rate is extremely low, with the proportion of supporting miners far below the 55% activation threshold required by the proposal.
硬件钱包厂商 Ledger 就 BIP-110 分叉发布安全提醒称，BIP-110 是一项未内置重放保护（replay protection）的比特币软分叉方案，如果形成独立链，BTC 持有者可能在新链获得相同数量的对应资产，但两条链初期可能接受相同签名交易。 用户若尝试转移或出售 BIP-110 链上的资产，相关交易可能被“重放”至比特币主链，导致对应 BTC 同时被转出。
Odaily News: The Bitcoin network has experienced a fork due to the BIP-110 proposal. Nodes supporting the proposal rejected blocks at height 961,632 that did not contain a signal of support. As of now, the Bitcoin main chain has advanced to block 961,651, while the BIP-110 fork chain has only reached block 961,633, trailing the main chain by 18 blocks.BIP-110 is a one-year rule adjustment aimed at limiting non-financial data writes in Bitcoin transactions, including uses such as Ordinals inscriptions. The proposal requires that within a roughly two-week period of 2,016 blocks, at least 1,109 blocks (55%) signal support to activate, but the previous period only saw support from 51 blocks, accounting for 2.53%.Currently, the BIP-110 chain still needs more miner support to continue advancing. According to the rules, the chain must reach block 963,648 to lock in the rules, and will begin formally enforcing the restrictions at block 965,664, lasting approximately one year. (The Block)
Bitcoin Improvement Proposal BIP-110 entered the forced signaling phase at block 961,632, with miner support at only 2.53%, far below the 55% early activation threshold, resulting in a brief fork between enforcing nodes and the main chain.
: Bitcoin News posted on the X platform stating that Foundation has released KeyOS 1.3.1 for Passport Prime, adding a mnemonic generation feature. Users can input the first 11 or 23 words of a BIP39 mnemonic, and the device will generate a valid final word that meets checksum requirements. Users can manually generate mnemonics by rolling dice, flipping coins, or other methods, and complete mnemonic generation directly on the Passport Prime without the need for external tools. Foundation stated that AI security reviews conducted using Claude Fable Max and ChatGPT 5.6 Sol Extra High found no serious security issues.
Odaily News, ECX developer Paul Sztorc has announced that the ECX hard fork will be rolled out in three phases, rather than the originally planned single release on August 23. ECX is a new blockchain that replicates the complete transaction history of Bitcoin at specified block heights. Nearly all Bitcoin holders, except for those holding a portion of Satoshi Nakamoto's Bitcoins, will receive an equivalent amount of ECX, while the Bitcoin network itself remains unchanged. The first Alpha version will be activated on August 23 at block height 963,648, the Beta version will go live on September 20 at block height 967,680, and the permanent full version is scheduled for release on October 31 at block height 973,728. Tokens collected during the Alpha and Beta phases can be burned and exchanged for official ECX once the permanent chain goes live. ECX's replay protection remains an optional mechanism. The official wallet will enable this protection and remind users before executing transactions. Paul Sztorc stated that if users ignore the reminders, ECX will replay their Bitcoin transactions, causing the associated Bitcoins to be transferred out along with the user's actions and moved to new holders. October 31 also marks the 18th anniversary of Satoshi Nakamoto publishing the Bitcoin whitepaper.
Odaily News: Bitcoin added 2.27 million new wallets this week, with active wallet count reaching 751,000, marking the highest on-chain activity in months. On July 31, active addresses briefly approached 978,000—approximately 1.6 times the July daily average—while the first week of August averaged around 751,000 daily, up from July's average of roughly 610,000. Daily average exchange inflows stood at approximately $1.55 billion, down from July's $1.67 billion, with fund movements not accompanied by significant exchange buying activity. This surge in activity is linked to a firmware vulnerability in Coldcard devices from hardware wallet manufacturer Coinkite. The vulnerability affects certain Mk3, Mk4, Mk5, and Q models, where seed generation utilizes a software random number generator, reducing the actual randomness of some devices to approximately 40 or 72 bits. Since July 30, related bitcoin losses have exceeded $116 million. Holders of affected devices have transferred funds to new addresses and replaced them with unaffected hardware devices. Coinkite has released firmware patches and entropy remediation disclosure documents. This vulnerability stems from a random number generation issue in device firmware, not a flaw in the Bitcoin protocol layer.
: Lorenzo stated on the X platform that Fractal is expected to permanently burn a total of 4,101,541 FB during its first halving around September 9, including remaining rewards from FIP-101, undistributed rewards from public testing, and ecosystem allocations from the second year. Fractal will release the FIP-102 proposal draft tomorrow, which plans to reallocate 50% of the token issuance after the halving to support native FB issuance on the Bitcoin mainnet, reducing Fractal block rewards to 6.25 FB without increasing the total supply; FIP-103 will define the specific distribution mechanism. UniSat plans to purchase $200,000 worth of FB from the open market each month for five consecutive months after the halving, totaling $1 million, as a long-term strategic reserve, with on-chain locking for at least five years.
: Bitcoin News posted on the X platform stating that Senate Majority Leader John Thune has filed a cloture motion on the motion to proceed with consideration of the CLARITY Act. This procedural step is used to end prolonged debate and push the Senate toward a vote in September on whether to formally begin considering the bill. This does not mean the CLARITY Act has passed. A cloture motion typically requires 60 votes to succeed; if the motion passes, the Senate can move forward with debate and consideration of the bill.
"1011 Insider Whale" representative Garrett Jin released a weekly analysis stating that while he previously suggested gradually positioning in memory chips and buying on dips, the market did not experience the expected pullback. He has sold half of his previous rebound positions during the surge, not because the investment logic has changed, but due to concerns regarding the capital structure driving the rise, stating, "This looks more like a short squeeze than a final confirmation of fundamentals by the market." Rapid capital covering short positions can create short-term gains for memory chip stocks like SK Hynix, but cannot sustain the trend alone. Risks associated with Korean leveraged ETFs have not been fully released, but the decline in asset size is mainly due to NAV shrinkage rather than investor exit. Currently, cumulative net subscriptions for related financial products remain at historic highs and have not turned negative. Garrett Jin emphasized that the decline in Korean leveraged ETF size does not indicate market bearishness on memory demand. SK Hynix's 2026 capacity is already sold out, and Micron's orders are covered until 2028, with demand remaining strong through the second half of 2027. However, the memory industry is essentially still cyclical. Stock prices have already surged by hundreds of percentage points in advance, and cyclical stocks are typically difficult to sustain long-term growth driven solely by valuation expansion. The current market is entering a new phase of the AI capital expenditure cycle, shifting from "rewarding investment" to "evaluating investment returns." Regarding Bitcoin, Garrett Jin stated it continues to meet the bottoming conditions established since the July lows, and he currently maintains the position view established near $60,000.
Bitcoin payment processing project BTCPay Server warns that a critical vulnerability on its servers is being actively exploited, potentially allowing attackers to gain unauthorized access and cause loss of funds. Users are urged to upgrade to version 2.4.2 and change relevant credentials.
Odaily News: Justin Mateen, a director at Trump family-backed bitcoin mining company American Bitcoin (ABTC) and co-founder of Tinder, purchased company shares on two consecutive days following the release of its quarterly earnings report, with a total investment of approximately $1.93 million. Regulatory filings show that Mateen bought approximately 145,000 shares of ABTC Class A common stock on August 5, with a transaction value of about $925,000 and an average purchase price of approximately $6.40 per share. On August 6, he purchased another approximately 162,000 shares for about $1 million, at an average price of approximately $6.19 per share. Together, the two transactions totaled 306,981 shares, increasing his ABTC holdings to 492,297 shares. American Bitcoin, supported by members of U.S. President Trump's family, including Eric Trump and Donald Trump Jr., is a Nasdaq-listed bitcoin mining and BTC reserve company. The company adopts a strategy of "large-scale mining plus corporate treasury bitcoin holdings" to provide investors with bitcoin exposure. Financial reports show that American Bitcoin recorded a net loss of approximately $57 million in the second quarter, while its mining scale and bitcoin reserves continued to grow over the same period. The company produced approximately 932 BTC in the quarter, reaching an all-time high, with treasury bitcoin holdings increasing to over 8,000 BTC.
Odaily News, SharpLink CEO Joseph Chalom has formally opposed Ethereum Improvement Proposal EIP-8363, stating that if passed, the proposal could weaken the DeFi ecosystem, limit institutional interest in Ethereum, and erase a key advantage ETH holds over Bitcoin.EIP-8363, also known as "Tapered Issuance Burn," works by gradually increasing the proportion of consensus layer validator rewards that are burned as ETH staking ratios rise. When approximately 50% of ETH's supply is staked, the reward burn ratio would reach 100%, meaning issuance returns would drop to zero. If passed, the mechanism would be phased in gradually over roughly 18 months.The proposal, introduced earlier this week, has sparked significant controversy. Supporters argue it could limit the scale of ETH staking through market-based means while reducing the dilution problem faced by non-stakers. Proposal authors include Ethereum Foundation researcher Justin Drake, EthCC founder Jérôme de Tychey, and others.However, critics argue the mechanism could disproportionately harm solo stakers and weaken Ethereum's security. Chalom stated that the proposal's authors are all serious researchers and long-term Ethereum supporters, but "well-intentioned people can also be wrong."
Odaily News: Bitcoin News stated on the X platform that BTCPay Server has reported a critical vulnerability being actively exploited, which could result in loss of funds. Users should immediately update to BTCPay Server v2.4.2; those who cannot update immediately should shut down their BTCPay Server until the update can be installed, to prevent unauthorized access.
Bitcoin News posted on X platform that a Trezor user claimed their life savings were stolen after clicking a Google-sponsored search result impersonating Trezor. The phishing page was hosted on Google Sites and allegedly tricked the victim into entering their wallet recovery seed. Trezor stated that it is upgrading its handling of the report, proceeding with the removal of the website, and reminding users to never enter wallet backups or mnemonic phrases on any website or online form. Google-sponsored phishing ads remain an ongoing attack vector for crypto users.
Bitcoin developer Chris Guida has reset the PoW change code written by Bitcoin developer Luke Dashjr in 2017 onto the recent Bitcoin Knots codebase. The code has not yet been scheduled for activation, and Guida stated that it serves as a contingency plan and is not an imminent fork. BIP-110 is a temporary soft fork proposal that aims to restrict arbitrary data embedded in Bitcoin transactions within approximately one year, including restoring the OP_RETURN 83-byte consensus limit. The proposal requires 55% miner signaling support, meaning 1,109 blocks out of 2,016 blocks, to achieve early lock-in. If the threshold is not met, the forced signaling window will begin at block 961,632, expected to occur around August 8 or 9. Nodes implementing BIP-110 will subsequently reject blocks that do not emit a support signal, with lock-in expected no later than block 963,648 and activation targeted at approximately block 965,664. As of 8:15 AM Eastern Time on August 7, 2026, the chain tip height is 961,425, with 207 blocks remaining until the forced window begins. Only 47 out of 1,818 blocks have emitted a BIP-110 support signal, with the current signaling rate at approximately 2.59%.