Author: 行政
Michael Saylor claimed the biggest threat to Bitcoin is “ambitious opportunists” seeking protocol changes, arguing that altering base rules is riskier than technical bugs. Critics like Mert Mumtaz slammed this stance as a “cancerous” mindset, asserting that software must evolve to fix vulnerabilities and remain functional. The debate further divided the community over long-term risks like quantum computing and whether the network should host non-monetary data like NFTs. Strategy founder and chairman Michael Saylor said the biggest threat to Bitcoin (BTC) is “ambitious opportunists” trying to “push protocol changes”, basically arguing that people who want to alter the base rules…
Entropy is shutting down after four years and returning capital to investors because its latest product, a crypto automation platform, failed to meet venture scaling expectations. The startup raised roughly US$27 million in funding from high-profile backers like a16z and Coinbase Ventures but ultimately decided to close rather than attempt another pivot. Founder Tux Pacific is stepping away from the crypto industry to potentially explore pharmaceutical research following a significant 60% decline in crypto venture deals during 2025. Entropy, a decentralised custody startup backed by Andreessen Horowitz, is shutting down and returning remaining capital to investors, founder and CEO Tux…
CoinNews photo of 2025 Australian Kookaburra 1oz Silver Bullion Coins – Obverse and Reverse The Perth Mint closed 2025 with mixed results for its Australian bullion sales. December totals declined for both gold and silver, while full-year figures showed gold finishing higher than 2024 and silver ending the year lower. The Mint’s performance played out against soaring precious metal prices. In December, LBMA prices (USD) advanced 2.8% for gold and 33.5% for silver. Over the course of the year, gold prices jumped 65%, while silver rallied 149.1%. Perth Mint Silver Bullion Sales — December and Full-Year 2025 Silver bullion sales…
Tokenized US Treasuries crossed $10 billion in total value this week, a milestone that confirms the category has moved from proof-of-concept to operational infrastructure.Yet, something happening underneath this achievement is just as important: Circle’s USYC has edged past BlackRock’s BUIDL as the largest tokenized Treasury product, signaling that distribution rails and collateral mechanics now matter more than brand recognition in determining which on-chain cash equivalents win.As of Jan. 22, USYC holds $1.69 billion in assets under management compared to BUIDL’s $1.684 billion, a gap of roughly $6.14 million, or 0.36%.Over the past 30 days, USYC’s assets grew 11% while BUIDL’s…
The Digital Asset Market Clarity Act, better known as the CLARITY Act, was supposed to draw clean lines around crypto assets and which regulator gets the first call.CryptoSlate has already walked readers through the bill’s larger architecture ahead of the January markup, including what changed, what stayed unresolved, and why jurisdiction and state preemption may matter as much as the headline definitions.The part consuming the most oxygen right now is narrower and much more nuanced: it’s about who can pay consumers to keep dollars parked in a particular place. Related ReadingWashington’s new crypto bill would strip states of power –…
When Solana maintainers told validators to move quickly on Agave v3.0.14, the message arrived with more urgency than detail.The Solana Status account called the release “urgent” and said it contained a “critical set of patches” for Mainnet Beta validators.Within a day, the public conversation drifted toward a harder question: if a proof-of-stake network needs a fast coordinated upgrade, what happens when the operators do not move together?That gap showed up in early adoption snapshots. On Jan. 11, one widely circulated account said only 18% of stake had migrated to v3.0.14 at the time, leaving much of the network’s economic weight…
Institutions have learned to live with Bitcoin’s volatility because volatility is measurable and, for many strategies, manageable. What still holds back large allocations is the risk of moving the market while getting in or out.A fund can hedge price swings with options or futures, but it can’t hedge the cost of pushing through a thin order book, widening spreads, and turning a rebalance into visible slippage.That’s why liquidity matters more than most headlines admit. Liquidity isn’t the same thing as volume, and it’s much more than just a general feeling that the market is “healthy.”Put into as few words as…
Makina Finance lost 1,299 ETH, roughly $4.13 million, in a flash-loan and oracle manipulation exploit.The attacker drained the protocol’s funds and broadcast the transaction to Ethereum’s public mempool, where it should have been picked up by validators and included in the next block.Instead, an MEV builder identified by the address 0xa6c2 front-ran the draining transaction, redirecting most of the funds into builder-controlled custody before the hacker could move them off-chain.The hacker’s transaction failed. The funds landed in two addresses associated with the MEV builder.The immediate takeaway is that Makina’s users avoided a total loss. The deeper signal is who ended…
Senate Agriculture Committee Chair John Boozman on Jan. 21 released updated text for a crypto market structure bill and set a committee markup for Jan. 27.The draft bill, titled the “Digital Commodity Intermediaries Act,” would give the Commodity Futures Trading Commission (CFTC) a defined framework to supervise parts of the spot crypto market when activity runs through brokers, dealers, exchanges and custodians.The bill is the AC’s attempt to formalize what happens when something goes wrong. Crypto’s biggest retail pain points often show up as operational failures: account freezes, delayed withdrawals, outages during volatility, unclear complaint paths, and disputes over how…
The Bureau of Economic Analysis (BEA) released its delayed Personal Income and Outlays report on Jan. 22, publishing October and November PCE inflation together.The print put headline PCE at 0.2% month over month in both months, with headline PCE at 2.7% year over year in October and 2.8% in November. Core PCE was also 0.2% month over month in both months, with core PCE at 2.7% year over year in October and 2.8% in November.Chart showing the percent change in PCE indexes from November 2024 to November 2025, Source: (BEA)Bitcoin’s reaction to the news was surprisingly restrained. BTC traded between…