Aug 18, 2026Twila Rosenbaum
More than three dozen bitcoin and crypto firms, including Coinbase, Block, and BitGo, have signed a letter asking major AI labs to grant open-source security researchers early access to their most powerful models. The letter argues that safety guardrails are blocking legitimate security work while attackers face no such limits. Recent exploits against BTCPay Server and Lightning nodes underscore the need for better AI tools for defenders.
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Aug 13, 2026Twila Rosenbaum
The proposed BIP-110 rule change triggered a chain split on Saturday, but the breakaway chain has struggled. With only two blocks produced and no market value for its coin, miners have little incentive. The chain cannot adjust its difficulty until 2016 blocks, a milestone more than six years away. Some observers say it's too early to call the effort dead.
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Jun 22, 2026Twila Rosenbaum
Botanix's wind-down signals a harsh reality for Bitcoin layer-2 projects. General-purpose programmable BTC ecosystems are struggling, but bitcoin-backed lending, staking, and yield products continue to attract demand. The shift underscores that during bearish sentiment, users primarily value Bitcoin as a store of value rather than a platform for complex DeFi applications.
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May 17, 2026Twila Rosenbaum
Cryptocurrency exchange Kraken has announced its switch from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP) following the April Kelp DAO exploit that saw $292 million stolen. Kraken will use CCIP for its Kraken Wrapped Bitcoin (kBTC) and future wrapped tokens. The move is part of a broader exodus as protocols like Kelp DAO, Solv Protocol, and Re also migrate to CCIP, citing enhanced security. LayerZero's native token ZRO has dropped over 80% from its peak.
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