Reaching instant 27ms validation on Bitcoin will take 17 GPU years of compute power
Hazync’s developer reports that a 1.7 MB standalone verifier checked a 226,434-byte cryptographic receipt covering the first 1,789 blocks of Bitcoin in 27 milliseconds. The Aug. 15 disclosure limits that result to an early stretch of…
A $1 billion meme coin purchase puts a huge 167% share dilution down to a single vote for ZeroStack
ZeroStack’s Aug. 21 resale registration puts a shareholder vote between the company and 36.2 million new shares tied to its MemeCore acquisition, a warrant block larger than its current outstanding stock. The company completed the transaction on Aug. 19,…
Inside transfer wipes out $1M executive debt as crypto firm offloads payments business without independent valuation
RocketFuel Blockchain transferred substantially all assets used in its payments business to RPay, whose sole director and CEO, Peter M. Jensen, also serves as a RocketFuel director and executive officer. The related-person deal closed Aug. 13 and was…
Ethereum researchers are racing to close a zkEVM security gap before December
Ethereum’s better.codes contest now measures a cryptographic proof gap that researchers can attack from both sides. At 15:44:47 UTC on Aug. 21, the live leaderboard showed a 63.99-bit lower certificate and a 116.13-bit upper certificate for koalaIRS12.…
MANTRA Chain stays offline after exploit as Aug. 21 restart hinges on patch test
MANTRA Chain remained halted on Aug. 21 after the team said an attacker exploited a vulnerability in an upstream dependency. Transactions, transfers, and staking are unavailable while the mainnet is paused. MANTRA identified the vulnerable software only…
Trump-backed $4 billion USD1 stablecoin has wallet powers its own GitHub does not show
Justin Sun escalated his public fight with Donald Trump-backed World Liberty Financial on Friday, accusing its USD1 stablecoin of carrying administrative powers that allow privileged operators to move funds from frozen wallets without holder consent. On…
A $22.9 million capital deficit threatens to derail an energy firm’s pivot to off-grid Bitcoin mining
Olenox Industries is an energy company that acquired Bitcoin miner CS Digital Ventures in May. It reported preliminary July production of 15.13 BTC against a June 30 balance sheet. The balance sheet carried $1.21 million of cash and $26.26 million of…
Unresolved $11 million liquidity crash leaves pools exposed as attacker still holds 20.83 BTC on Maya Protocol
The suspected Bitcoin address at the center of Maya Protocol’s Aug. 18 exploit still held about 20.8273 BTC with no outgoing spend on Aug. 21, while no published recovery plan accounted for the much larger estimated impact across the cross-chain…
Zcash miner buys 9.4% of merger target that warns failed deal could end in liquidation
Fortitude Mining, Digital Currency Group’s Zcash-focused miner, bought a 9.4% stake in Nasdaq-listed HeartSciences for about $1 million, giving its proposed merger partner cash for operating expenses while shareholder approval remains pending. The…
Ethereum’s next upgrade turns a 2-second block bottleneck into a roughly 9-second window
Ethereum node operators now have an active public network for rehearsing Glamsterdam’s coordinated execution- and consensus-client upgrade. Platåberget has an open, permissionless validator set, turning the upgrade into a practical test of whether client…