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View More NewsDATUM moves that decision back to the individual miner. An operator can build its own block using its own bitcoin software while still contributing computing power to Ocean and sharing in the pool’s payouts.Simple Mining used that control to leave the BIP-110 signal out of block 961,634.”We chose not to signal and the chain extended on our block,” the company said.That also explains why Ocean has appeared on both sides of the weekend split. A miner using Ocean produced the first block accepted by the BIP-110 branch on Saturday, according to fork tracker Mempool. Simple Mining then used the same…
Bitcoin has reached block 961,632, triggering the long-awaited mandatory signaling period for BIP-110, a controversial proposal designed to temporarily curb non-financial data from being embedded on the network.The proposal entered the signaling phase at around 19:35 UTC on Saturday, with support from miners seldom exceeding 2.5%, a long way short of the 55% mark required.Prominent Bitcoin voices such as Strategy chairman Michael Saylor and Blockstream CEO Adam Back have also voiced their opposition to the proposal.Its supporters, however, are pushing BIP-110 as a user-activated soft fork (UASF), meaning it would rely on node operators, not miners, to force the rule…
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In 1940, one of the great literary showdowns of the last century took place between one of Britain’s great men of letters and a writer whose name most readers of this essay will never have heard. From one corner of the literary ring strode George Orwell, the ancient-jacketed patron saint of plain speaking, cigarette adroop. Facing him was another assiduous smoker—a pipe man, in this case—and writer of popular children’s stories. This mismatched fight did not go as expected.The morbidly private Charles Hamilton was the undisputed world champion of that peculiarly British genre, the English school story, and over the…
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United States court records unsealed on Thursday show that a federal judge backed crypto exchange Bybit’s effort to trace assets stolen in the $1.5…
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Bitcoin developer Kevin Loaec, who flagged the risk on X this week, said large holders could be targeted first. Doing nothing will be a…
In brief AI agents at top labs can potentially initiate unauthorized “rogue” operations, an independent report details, but agents currently lack the sophistication to…
Last month, I wrote about the Office of Legal Counsel’s opinion finding that the Presidential Records Act was inconsistent with Trump v. Mazars. Somewhat…
Welcome to our institutional newsletter, Crypto Long & Short. This week:Alec Beckman on why BTC-backed lending is not a crypto story, but a capital…
In brief OpenAI is aiming for a September IPO with Goldman Sachs and Morgan Stanley as underwriters, the Wall Street Journal reported. Elon Musk’s…
The European Commission has opened a review of its landmark crypto regulation, signaling that the European Union is considering updates to its landmark digital…
from the pew-pew dept I assume at one point America was a serious big boy country, but we are certainly not that any longer.…
NA On May 8, the US Court of International Trade ruled that Donald Trump’s massive new Section 122 tariffs are illegal, in cases brought…
Trump Media & Technology Group likely abandoned plans for its bitcoin BTC$77,950.74 exchange-traded fund (ETF) because the economics no longer worked.ETF analysts say the…