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Zano Inflation Bug Forces Blockchain to Wipe an Entire Day of History

The team behind privacy-centric blockchain network Zano disclosed that an inflation bug tied to Gateway Addresses has forced the blockchain toward an extraordinary fix, erasing roughly 24 hours of transaction history. The official social media accounts on X and Telegram have told users to stop economic activity and promised reimbursement for losses caused by the […] from Bitcoin News https://ift.tt/jZr4KQo
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Saylor’s Strategy Proposes Dividends That Accrue 365 Days a Year

Strategy wants dividends on four preferred stocks to accrue every calendar day, including weekends and holidays. Payments would follow on the next business day if shareholders approve the change and the company declares the dividends. Strategy Seeks Daily Dividends on Four Stocks Holders of four Strategy preferred stocks could receive dividends more frequently under a […] from Bitcoin News https://ift.tt/gYTw92x

White Hats Swipe $5.7M in NFTs Before Attackers Get Their Shot

A wallet suddenly pulled thousands of NFTs from hundreds of owners for 0 ETH early Friday, setting off alarms around Magic Eden. Except the wallet belonged to a white-hat rescue operation. Yuga Labs’ 0xQuit says the team ultimately secured 23,155 NFTs worth more than $5.7 million after discovering a bug involving old Limit Break Payment […] from Bitcoin News https://ift.tt/jwKHzaP

Bitcoin Price Near $84K as Macro Pressures Weigh on Sentiment

Bitcoin traded primarily between $84,000 and $85,000 on Friday, following an earlier weekly high above $87,000. Intraday swings saw the price dip to $83,229 before stabilizing around $84,000. Intraday Reversals Drive $71M in Liquidations Bitcoin traded mostly in the $84,000-to-$85,000 range on Friday before a sudden volatility spike pushed its price near $83,000. After losing […] from Bitcoin News https://ift.tt/sfemvnP

Fed’s Proposed Stablecoin Rules Put GENIUS Act’s Dollar Test to Work

The Federal Reserve is proposing a rulebook for bank-issued payment stablecoins that gets strikingly specific. Basically, every $1 of tokens must be backed by at least $1 of permitted reserves, customers generally must be redeemable within two business days, and an issuer that stays short of required capital could ultimately be forced to liquidate its […] from Bitcoin News https://ift.tt/QBS23bI

Bitcoin Flashes Signal Seen at Start of 2019 and 2023 Bull Markets

A bitcoin momentum indicator has crossed a threshold that Glassnode also observed near the start of the 2019 and 2023 bull markets. The historical comparison strengthens the case for a recovery, though bitcoin still faces a test of demand. Bitcoin Signal Recalls Earlier Bull Markets Bitcoin has regained a momentum threshold that appeared near the […] from Bitcoin News https://ift.tt/ip4jhgc

Iran’s 7-Day Hormuz Proposal Hits an Already Nervous Market

The United States and Iran are reportedly discussing a phased arrangement that could reopen the Strait of Hormuz within roughly seven days in exchange for easing Washington’s blockade of Iranian ports, according to Reuters. No deal has been signed, and markets aren’t waiting around. Brent crude is hovering near $104, U.S. stocks are mixed, Treasury […] from Bitcoin News https://ift.tt/uBR5dsC