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Wisconsin lawmakers file companion bill to tighten crypto regulations
Wisconsin lawmakers file companion bill to tighten crypto regulations

Share link:In this post: Democrats in the Wisconsin Senate filed a companion bill mirroring last month’s Assembly Bill 384 to tighten the noose on rampant scams linked to crypto kiosks. Senator Kelda Roys filed Senate Bill 386 on August 11 alongside six other Senate members, echoing the Assembly Bill previously filed by Rep. Ryan Spaude. Dileep Kumar, Director at Digital South Trust, said the proposed bills aim to build public trust, despite limiting high-value trades.

Cryptopolitan·2025/08/12 12:06
Community raises alarm as 51% Monero attack with double-spending detected
Community raises alarm as 51% Monero attack with double-spending detected

Share link:In this post: The Qubic project finally managed to take over 51% of the Monero hashrate, with a block reorg detected. The plan to take over the network crashed the price of XMR, undermining the value of proof-of-work. Qubic aims to retain Monero’s chain but remain the sole miner, acting as a fair block producer with no intention of malicious block reorgs.

Cryptopolitan·2025/08/12 12:06
Whales Buy XRP As Escrow Unlock Rumors Encourage FUD
Whales Buy XRP As Escrow Unlock Rumors Encourage FUD

Ripple's recent $3.28 billion XRP release triggered unfounded fears of a sell-off, but the escrow mechanism ensured market stability, and whales took advantage.

BeInCrypto·2025/08/12 11:23
ENA Price Rally Could See Newer Highs as Key Breakout Nears and One Indicator Flips Bullish
ENA Price Rally Could See Newer Highs as Key Breakout Nears and One Indicator Flips Bullish

ENA’s rally may not be over. Net flows have flipped bullish, bulls have held control for 30 days, and an ascending triangle breakout above $0.79 could trigger a push toward $0.96 and $1.25.

BeInCrypto·2025/08/12 11:00
Trump opens 401(k) retirement plans to cryptocurrencies
Trump opens 401(k) retirement plans to cryptocurrencies

CryptoValleyJournal·2025/08/12 10:50
HBAR Faces Death Cross Threat — A 10% Drop Could Be Next If One Key Level Fails
HBAR Faces Death Cross Threat — A 10% Drop Could Be Next If One Key Level Fails

HBAR price shows no weekly gains, but multiple timeframes now warn of downside. A looming Death Cross, fading buy pressure, and a vulnerable pennant support level could set up a 10% slide if $0.24 fails.

BeInCrypto·2025/08/12 09:30
Bitcoin Helps a Fast Food Chain Overthrow McDonald’s and Domino’s
Bitcoin Helps a Fast Food Chain Overthrow McDonald’s and Domino’s

Steak 'n Shake's Q2 2025 sales rose by 10.7%, credited to Bitcoin payments. Its competitors, like McDonald's, showed slow growth, and the company plans more Web3 upgrades.

BeInCrypto·2025/08/12 09:00
Flash
02:03
Data: Whales on the Hyperliquid platform currently hold $4.877 billions in positions, with a long-short ratio of 0.97
According to ChainCatcher, citing Coinglass data, whales on the Hyperliquid platform currently hold $4.877 billion in positions, with long positions totaling $2.404 billion, accounting for 49.3% of positions, and short positions totaling $2.473 billion, accounting for 50.7%. Long positions have a profit and loss of -$26.9483 million, and short positions have a profit and loss of -$72.198 million. Among them, whale address 0x082e..88 is using 5x leverage to go all-in long on HYPE at a price of $38.6755, with an unrealized profit and loss of $41.7566 million.
01:56
Vitalik: Ethereum will enter the "Lean Ethereum" phase, with the core protocol potentially undergoing a comprehensive overhaul in the next 3–4 years
BlockBeats News, on July 5, Ethereum co-founder Vitalik Buterin wrote that Ethereum researchers recently held a meeting in Berlin, continuing the discussion started with client teams in Svalbard in April and updating the long-term protocol roadmap. Vitalik stated, "Lean Ethereum" is not a one-time upgrade, but a series of protocol evolutions that will be implemented gradually over the next 3 to 4 years. Its impact is comparable to "The Merge" as the second major iteration, while the current stage may constitute the third significant evolution. He pointed out that future core changes for Ethereum may include: adopting recursive STARK proofs to replace direct execution verification, introducing post-quantum cryptography, adjusting the consensus mechanism to a decoupled design of available chain and finality, as well as multi-dimensional gas models and state structure reconstruction. At the state layer, Ethereum may form a "dual-layer state structure" around 2030, including about 2TB of traditional dynamic state and around 100TB of new scalable state, to support scaling needs for various application scenarios. Vitalik emphasized that privacy capabilities will no longer be an additional feature but one of the core objectives of protocol design. At the same time, the system will rely more on formal verification to enhance security, and the EVM will be promoted towards higher levels of abstraction in the future, with the underlying architecture possibly gradually transitioning to RISC-V or leanISA. In addition, he mentioned that key parameters such as gas limits, blob capacity, and block time will undergo multiple adjustments over the next few years, and Ethereum will continue to achieve scaling through client optimization and protocol upgrades. Vitalik concluded that Ethereum is entering a stage of continuous rearchitecture and expansion, aiming to upgrade the underlying system without disrupting the existing application ecosystem.
01:40
BNB falls below $570
Jinse Finance reported that according to market data, BNB has fallen below $570 and is now quoted at $569.93, with a 24-hour decline of 0.41%. The market remains highly volatile, so please manage your risks appropriately.
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