GnosisDAO Approves Gnosis Chain Shift Toward Ethereum Rollup Model
GnosisDAO has approved GIP-153, giving Gnosis Chain a governance mandate to move toward becoming a ZK-proven Ethereum rollup rather than continuing only as an independent Layer 1 network. The proposal passed with 123,158 GNO voting in favor, according to the Snapshot vote. The plan would transition Gnosis Chain into what the proposal describes as part…
Bitcoin ETF Inflows Hit $517M As Institutional Demand Returns
US spot Bitcoin ETFs recorded $517.2 million in net inflows for the August 19 session, giving the market its strongest daily inflow in roughly three and a half months. Farside Investors data showed BlackRock’s IBIT leading the session with $284.7 million in inflows. Spot Ethereum ETFs also stayed positive, adding $17.7 million in net inflows.…
Grayscale Says SEC Reg Crypto Plan Could Reopen Token Fundraising Path
Grayscale Research has weighed in on the SEC’s proposed “Regulation Crypto Assets” framework, arguing that clearer rules could reopen a compliant path for token-based fundraising in the United States. The proposal, introduced on August 18, would create exemptions for certain token offerings, including possible tracks up to $5 million or $75 million, depending on the…
Bitcoin Short Squeeze Puts Record Liquidation Claim Back In Focus
Bitcoin’s latest rally has put short-side positioning back under the microscope after market analyst ByzGeneral flagged what he described as the largest daily BTC short liquidation event on record. The move came as Bitcoin pushed toward the $70,000 area, forcing traders positioned against the market to buy back exposure or face automatic liquidation. That is…
Hyperliquid Trader Loses $26M As Ether Short Unwinds In Seconds
A whale trader using the ENS-linked address pension-usdt.eth was liquidated on Hyperliquid after a massive Ether short position unraveled in just 12 seconds. The position was large: 50,000 ETH, worth about $108 million in notional exposure. As prices spiked, the short was unwound between 04:51:03 and 04:51:15 UTC, leaving the trader with a reported loss…
Bitcoin Tests $70,000 As Intraday Squeeze Lifts Market
Bitcoin pushed toward the $70,000 level in a rapid intraday move, putting a major psychological price area back into play as traders reacted to improving market sentiment and short-side pressure. Market data showed BTC trading near the $69,500 to $70,000 range on August 20. The move came during a broader risk-on session, with traders also…
Ethereum Jumps 18% As Spot Volume Surges Across Exchanges
Ethereum surged 18% intraday as spot trading volume jumped sharply across major global exchanges, putting ETH back at the center of the market’s risk-on move. Market data showed ETH trading near the $2,500 level during the rally, with spot volume reportedly rising about 400% compared with the prior 24-hour average. That is a major move,…
BTCPay Server Patches Critical LND Credential Bug After Lightning Wallet Drain
BTCPay Server has released version 2.4.2 to patch a critical vulnerability that allowed unauthenticated remote access to LND credential files, after attackers used the issue to drain merchant Lightning wallets. The project’s release notes describe a serious bug involving .macaroon files, which are used by LND to manage access permissions. In plain English, those files…
BlackRock Cuts IBIT In-Kind Conversion Minimum To $1M
BlackRock has reduced the in-kind conversion minimum for its iShares Bitcoin Trust from $25 million to $1 million, potentially making the mechanism available to a wider group of institutional participants. The change was disclosed in an updated IBIT filing and relates to in-kind creation and redemption activity, not retail holders directly swapping ETF shares for…
BitMine Pushes Ethereum Treasury Past 5.8M ETH
BitMine Immersion Technologies has added another 7,391 ETH to its balance sheet, pushing its Ethereum treasury to about 5.81 million ETH. The company’s Ethereum position now represents roughly 4.8% of circulating supply, while more than 5 million ETH is staked through its validator platform. That makes BitMine one of the most aggressive public-company examples of…