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Latest financial and economic news and analysis

Crypto news News Agency
2 days ago•Crypto news
Cryptocurrency Medium Importance Neutral
How a five-year-old build flag drained $116 million from bitcoin's most trusted hardware wallet

How a five-year-old build flag drained $116 million from bitcoin's most trusted hardware wallet

A single line of firmware shipped in March 2021 told every Coldcard hardware wallet to skip its dedicated randomness chip. For five years nobody noticed.

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Source: Crypto news
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Crypto news News Agency
2 days ago•Crypto news
Cryptocurrency Medium Importance Neutral
How Uniswap's fee switch could change the economics of DeFi governance tokens

How Uniswap's fee switch could change the economics of DeFi governance tokens

The UNIfication proposal passed with 99.9% support, activated the fee switch, and burned 100 million UNI tokens. Eight months later, protocol revenue has reached $23 million and Ark Invest estimates annualized burns at $90 million.

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Source: Crypto news
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CryptoSlate News Agency
2 days ago•CryptoSlate
Cryptocurrency Medium Importance Neutral
Bitcoin price breaking out toward $69,000 now opens a turbo path toward $84,000

Bitcoin price breaking out toward $69,000 now opens a turbo path toward $84,000

A Bitcoin breakout attempt briefly pushed price above $65,000 on Aug. 5, but failed to sustain the move, even as Fed funds futures put the odds of a September rate hike at 57.4% as of Aug. 5, down from 80.5% a week earlier. Brent crude fell more than 5% on Aug.

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Source: CryptoSlate
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Cointribune News Agency
2 days ago•Cointribune
Cryptocurrency Medium Importance Neutral
Solana ETF See Rare Standstill In Capital Movements

Solana ETF See Rare Standstill In Capital Movements

The US Solana ETFs display a very rare phenomenon: no capital movement. For several sessions, investors have recorded neither subscription nor withdrawal across all these products, an unusual situation in a market where flows evolve almost daily.

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Source: Cointribune
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The Motley Fool News Agency
2 days ago•The Motley Fool
Cryptocurrency Medium Importance Neutral

Strategy's Michael Saylor Is Making a Strong Case Against a Proposed New Bitcoin Upgrade. Here's What That Means for Bitcoin.

Debate over a potential fork of the Bitcoin blockchain has galvanized the Bitcoin community. Strategy's Michael Saylor is against a potential change to the Bitcoin blockchain known as BIP-110.

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Source: The Motley Fool
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Coingape News Agency
2 days ago•Coingape
Cryptocurrency Medium Importance Neutral

BREAKING: Grayscale Raises XRP, Bitcoin & Solana Weightage in GDLC ETF, Trims ETH

Grayscale has completed CoinDesk Crypto 5 ETF's (GDLC) quarterly rebalancing, increasing XRP, Solana (SOL), and Bitcoin (BTC) allocations. The crypto asset manager also announced weightings of Ethereum (ETH) and BNB in the large-cap digital assets fund.

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Source: Coingape
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Tokenpost News Agency
2 days ago•Tokenpost
Cryptocurrency Medium Importance Neutral
Bitcoin ETFs Draw $244 Million as Inflow Streak Signals Institutional Demand

Bitcoin ETFs Draw $244 Million as Inflow Streak Signals Institutional Demand

U.S. spot Bitcoin (BTC) ETFs extended their ‘net inflow' streak to a third straight session on Tuesday, underscoring steady institutional demand even as broader crypto markets weigh macro uncertainty and rate expectations. According to data compiled by SosoValue, U.S.-listed spot Bitcoin ETFs posted a combined net inflow of $244.42 million on Aug. 5 ET.

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Source: Tokenpost
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UToday News Agency
2 days ago•UToday
Cryptocurrency Medium Importance Neutral
Zcash Announces 1,000,000 ZEC Coinholder Vote on August 25: Upcoming NU7 Update

Zcash Announces 1,000,000 ZEC Coinholder Vote on August 25: Upcoming NU7 Update

Zcash is preparing for one of its most significant governance events in recent years as coinholders will vote on the scope of the upcoming NU7 network upgrade. Scheduled to begin on Aug. 25 and run for approximately 18 days, the vote will determine several protocol-level decisions that could shape the network's future development.

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Source: UToday
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