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Bitcoin’s exploit week worsens as BTCPay flaw drains Lightning nodes

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Bitcoin’s exploit week worsens as BTCPay flaw drains Lightning nodes

Citadel21, the bitcoin publication run by pseudonymous commentator hodlonaut, also reported that its Lightning node had been swept, though it said little money was held there.

The vulnerability had already been reported to BTCPay by members of the Bitcoin Red Team — a group of developers that began pointing AI models at bitcoin codebases this week and has filed thousands of findings across hundreds of projects since.

Read More: Bitcoin developers flag 85 critical bugs in an “extremely bad” situation.

BTCPay credited Red Team members Craig Raw, Rob Hamilton, Calle and Evan Kaloudis with responsibly disclosing the issue and helping analyze it.

The group’s stated reason for publishing findings quickly was that people outside it would arrive at the same bugs, and by the time BTCPay’s public warning went out, attackers were already exploiting this one against live servers.

Meanwhile, BTCPay narrowed the scope after its initial alert, saying its standard on-chain wallets, including hot wallets generated inside BTCPay, are not affected by the credential flaw.

The exposure applies specifically to deployments using LND, and funds held inside LND’s own on-chain wallet can still be at risk because they sit under the compromised Lightning node.

BTCPay has not yet published technical details of the vulnerability, saying operators need time to patch. A full postmortem is due in the coming days.

Bitcoin split after BIP-110 fails, the new chain stopped after two blocks

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Bitcoin split after BIP-110 fails, the new chain stopped after two blocks

Bitcoin mining firm AntPool mined the first non-signaling block, which the rest of the network accepted and BIP-110 nodes rejected, and a miner using Ocean produced the alternative that the breakaway chain followed instead. (A miner is an entity that uses massive computing resources to maintain bitcoin and process its transactions, earning newly issued bitcoin and fees for the work.)

AntPool and Ocean are mining pools, where many operators combine their machines and share the rewards.

The stall has a mechanical cause that is hard to escape. Bitcoin recalculates how difficult mining is every 2,016 blocks, aiming to keep blocks arriving roughly every ten minutes.

The breakaway chain inherited bitcoin’s current setting but has a tiny share of the machines, so its blocks arrive at long intervals. It cannot make mining easier until it completes 2,016 blocks at that pace. The monitor puts that at 350 days away, against 14 days for bitcoin.

BIP-110 Situation Monitor. (Bip110.orange.surf)

Support was never there. Only 2.53% of blocks signaled for BIP-110 over the past two weeks, against the 55% needed to activate it without a split.

That leaves the fork coin in an awkward position for anyone hoping to sell it. Both chains still accept identical transactions, so a signed transaction sending fork coins also works on bitcoin, and a buyer can rebroadcast it there and collect real BTC from the same seller — opening up the chances of a novel attack method that users should keep track of.

Why Bitwise predicts a $1.3M Bitcoin price target fueled by institutions

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Why Bitwise predicts a $1.3M Bitcoin price target fueled by institutions

Bitcoin will draw trillions of dollars from institutional investors over the next decade as financial advisers, family offices, pension plans and sovereign wealth funds begin to view it as a mainstream financial asset, Bitwise Chief Investment Officer Matt Hougan told CoinDesk.

The first professional investors to allocate at scale will be financial advisers and family offices, Hougan said in an email interview on Friday. The shift, said Hougan, is already visible in 13F filings for spot bitcoin ETFs and in moves by large wealth firms, including Morgan Stanley and Wells Fargo, to make bitcoin more accessible to clients.

Over time, Hougan expects the money to come from even larger pools of capital: foundations, endowments, pension plans, insurance companies, sovereign wealth funds and central banks.

“It’s a process that will take 10+ years,” Hougan said.

The scale matters. Those institutions control between $100 trillion and $200 trillion in assets globally, he said. A 1% allocation to bitcoin would be enough to support his long-term price targets.

Bitcoin hits block 961,632 as the controversial BIP-110 soft fork attempt begins

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Bitcoin hits block 961,632 as the controversial BIP-110 soft fork attempt begins

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 change. Users would update their node software to reject any block from miners that fails to signal support for BIP-110, effectively attempting to coerce miners into line or cut them off entirely.

BIP-110’s proponents maintain there is an historic precedent for this outlook in the 2017 activation of SegWit via BIP-148, which enabled the separation of digital signatures from transaction data and was accepted by users not having the required support from miners.

CLARITY Act Heads Toward Key US Senate Procedural Vote

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CLARITY Act Heads Toward Key US Senate Procedural Vote

US Senate Majority Leader John Thune has filed cloture on a motion to take up the Digital Asset Market Clarity Act, also known as the CLARITY Act, setting up a key procedural vote on the crypto market structure bill for September.

The vote is expected after the Senate reconvenes on Sept. 15, giving lawmakers several more weeks to resolve disagreements that prevented a deal before the August recess.

The Senate Daily Press confirmed that Thune filed cloture on the motion to bring the CLARITY Act to the Senate floor for consideration. Invoking cloture requires 60 votes, meaning Republicans will need Democratic support to clear the procedural hurdle.

Thune’s move puts the CLARITY Act on a path toward Senate consideration after lawmakers failed to reach an agreement before the August recess. Negotiations have been complicated by disagreements over ethics provisions and rules governing stablecoin rewards, among other issues.

Source: Eleanor Terrett

While the move marks progress for the legislation, it does not guarantee that the CLARITY Act will receive a final vote or pass the Senate. The cloture vote concerns whether to take up the legislation for consideration, rather than passage of the bill itself.

The CLARITY Act is considered a landmark piece of US crypto legislation that would establish a federal market structure for digital assets, clarify when crypto assets fall under securities or commodities laws and delineate oversight responsibilities between the Securities and Exchange Commission and the Commodity Futures Trading Commission.

Until now, negotiations have stalled over proposed ethics provisions that would restrict government officials and their families from issuing or profiting from digital assets while in office.

In an effort to break that impasse, lawmakers have been reportedly working on a bipartisan ethics addendum aimed at addressing Democratic concerns over President Donald Trump’s crypto-related financial interests. As Bloomberg reported Thursday, the proposal would require the president to divest from certain crypto-related businesses.

Magazine: CLARITY hopes fade, BitMEX shuts as lawsuit looms: Hodler’s Digest, July 26

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

hardware wallet sales more than double as crypto rules near

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hardware wallet sales more than double as crypto rules near

Russian consumers’ demand for hardware crypto wallets more than doubled in the first half of 2026, according to data from two major retailers, as the country prepares to introduce new crypto rules.

Retailer M.Video said unit sales on its marketplace rose 107% in the second quarter from the first quarter, while sales by value increased 92%. The retailer did not disclose the number of devices sold.

Wildberries, another Russian retailer, also recorded higher demand. Unit sales rose 84% in the first half from a year earlier, RIA Novosti reported, citing RWB, the marketplace’s parent company. Sales value increased 60% over the period.

The comparisons cover different periods: M.Video measured Q2 against Q1, while Wildberries compared H1 with the same period of 2025. Neither company released unit totals.

Hardware wallets keep the private keys needed to control crypto on a dedicated device, instead of an internet-connected service, helping reduce exposure risk.

Russian law does not ban non-custodial wallets or treat them as illegal, lawyers told RBC. It does, however, bar withdrawals from Russian digital depositories to personal wallets, though a transition period runs until July 1, 2027.

Brazil’s central bank orders exchanges to delay large crypto transfers abroad

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Brazil’s central bank orders exchanges to delay large crypto transfers abroad

Brazil’s central bank will require crypto exchanges to delay some customer transfers to foreign platforms and self-custody wallets for up to 24 hours as part of new anti-fraud rules.

The requirement takes effect Jan. 1, 2027 under Resolution BCB No. 584/2026, published Aug. 7.

The rule applies when a customer deposits the country’s fiat currency reais, or crypto with an exchange and then seeks to send the funds abroad or to a wallet they control.

Transfers exceeding the equivalent of $10,000, whether through a single transaction or several on the same day, are subject to the required hold. Smaller transfers may also face delays if an exchange flags them as risky.

The central bank said cryptocurrencies, including stablecoins, are being used to move funds obtained through financial fraud before victims or institutions can recover them.

The hold isn’t permanent. Exchanges can release a transfer before 24 hours if their risk review finds no signs of wrongdoing. They must document that decision and tell customers when a transaction has been placed on hold.

The measure also gives exchanges more responsibility for judging risk based on the customer, transaction, counterparty and destination jurisdiction.

T. Rowe Price defends memecoin exposure in new crypto ETF, calling it a blockchain ‘stress test’

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T. Rowe Price defends memecoin exposure in new crypto ETF, calling it a blockchain ‘stress test’

That testing has implications beyond speculative trading. As stablecoins move further into mainstream finance, networks will need to handle everything from multi-million-dollar transfers to everyday consumer payments.

“It needs to be cost-effective to send $100 million in stablecoins,” Macellari said. “But it also needs to be cost-effective to send $3.”

The fund’s active approach also reflects T. Rowe Price’s broader investment philosophy. Unlike many ETF issuers that simply track market-cap-weighted indexes, the firm believes crypto requires active security selection.

“We think good judgment and good decision making and active management probably matters more in crypto than any other asset class,” Macellari said.

Rather than simply buying the largest cryptocurrencies, the team evaluates assets using three layers of analysis: blockchain technology and token economics, ecosystem growth and adoption, and market momentum.

“You can be right on the fundamentals,” she said. “But if crypto Twitter doesn’t see it or doesn’t agree with you, you kind of stand in their way at your peril.”

Building beyond one ETF

Macellari says TKNZ was designed as a “grow-with-me” product that can expand as the regulatory landscape evolves. The ETF currently invests in between five and 15 cryptocurrencies, but its eligible universe is expected to grow as additional assets meet the Securities and Exchange Commission (SEC) generic listing standards.

U.S. Senate opens first stage of crypto Clarity Act voting to give bill a chance next month

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U.S. Senate opens first stage of crypto Clarity Act voting to give bill a chance next month

The U.S. Senate is finally leaping into the first procedural votes on the crypto Digital Assets Market Clarity Act, after the leadership moved early Saturday to start official floor action on the crypto market structure bill, marking the farthest progress yet for the industry’s central policy effort.

But this key advance announced after a marathon overnight voting session comes after the bill has missed its window to get a vote before the Senate’s summer break, leaving it in a long-shot position to get approval in September. Though the Clarity Act’s chances are hanging by a thread, it would likely have been declared dead for 2026 without at least this first important movement.

“We, the undersigned senators … hereby move to bring to a close debate on the motion to proceed to calendar number 423, [House Resolution] 3633, an act to provide for a system of regulation of the offer and sale of digital commodities by the Securities and Exchange Commission and the Commodity Futures Trading Commission, and so forth and for other purposes,” the clerk said reading the filing.

New XRP Ledger proposals target $530 million in tokenized Wall Street assets

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New XRP Ledger proposals target $530 million in tokenized Wall Street assets

There is already money on the chain for the feature to serve. Onchain data aggregator RWA.xyz tracks about $1.38 billion of distributed real-world assets on XRPL, including $845.7 million of RLUSD. Ondo accounts for another $212.6 million, followed by VERT Capital at $116.1 million and Archax at $55.4 million. Societe Generale sits further down the table at $11.6 million.

Tokenized real-world assets issued on the XRP Ledger. (Shaurya Malwa/CoinDesk)

That leaves more than $530 million of tracked tokenized assets outside RLUSD, though the market remains concentrated in a handful of issuers.

Confidential Transfers stays narrow in its first version. Holders have to opt into the encrypted format, and it currently works for direct MPT payments between accounts. It does not cover trades on XRPL’s built-in exchange, escrow or checks.

The other five are aimed at the same audience. Batch can package as many as eight transactions together, including an all-or-nothing mode where every step succeeds or none does. Sponsor lets one account cover another’s fees and reserve requirements, removing the need for a new user to hold XRP before transacting.

Permission Delegation lets an account authorize another party to submit only specified transaction types, giving a fund administrator limited authority without handing over full control. Dynamic MPT lets issuers change certain properties of a token after issuance.

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