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news.bitcoin.com Drivechain Architect Paul Sztorc Unveils August Bitcoin Hard Fork With 1:1 BTC Coin Split

Bitcoin developer and Drivechain architect Paul Sztorc announced a new Bitcoin hard fork called eCash, set to launch this August, giving every BTC holder an equal number of eCash coins at the time of the split. Key Takeaways: Paul Sztorc announced eCash, a new Bitcoin hard fork dropping in August 2026, with a 1:1 BTC […]

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blockonomi.com XRP Short Squeeze Builds as Whales Pull Millions From Binance Amid Negative Funding Rate

TLDR: XRP funding rate on Binance hit -0.00292847, confirming short sellers are paying premiums to hold positions. Whale-to-exchange transactions spiked to 3,049, far above the 7-day average of 751 recorded on Binance. XRP exchange netflow hit -7.79M in 24 hours, over six times the 30-day moving average of -1.15M XRP. The Speculation-to-Utility Ratio of 1.3827 [...] The post XRP Short Squeeze Builds as Whales Pull Millions From Binance Amid Negative Funding Rate appeared first on Blockonomi.

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news.bitcoin.com France Charges 88 Over Crypto Kidnappings as Attacks Average One Every 2.5 Days in 2026

French prosecutors have charged 88 people across 12 crypto-related kidnapping cases as France records 41 such attacks in 2026 alone, with the country now accounting for roughly 40% of all crypto ransom attacks across Europe. Key Takeaways: France’s anti-organized crime prosecutor charged 88 people, including over 10 minors, linked to 12 cryptocurrency kidnapping cases. More […]

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blockonomi.com Bitcoin Short Squeeze Risk Grows as Open Interest Climbs and Funding Turns Negative

TLDR: Bitcoin funding rates have dropped into deeply negative territory, showing strong bearish conviction among traders. Rising open interest confirms more capital is entering the market, with the majority positioned on the short side. Heavily crowded short trades create structural fragility, making the market vulnerable to a sudden sharp reversal. Historical data shows deeply negative [...] The post Bitcoin Short Squeeze Risk Grows as Open Interest Climbs and Funding Turns Negative appeared first on Blockonomi.

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blockonomi.com Oil Market on the Brink: How the Hormuz Crisis Is Draining Global Reserves

TLDR: Goldman Sachs warns global oil stocks could fall below 7.4 billion barrels if Hormuz stays shut through May. JPMorgan estimates a 4.3 million barrel-per-day demand drop in April, with Asia absorbing over 80% of the cut. The Philippines, India, and Japan have already imposed fuel rationing amid worsening Hormuz supply disruptions. Europe’s jet fuel [...] The post Oil Market on the Brink: How the Hormuz Crisis Is Draining Global Reserves appeared first on Blockonomi.

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news.bitcoin.com Drivechain Architect Paul Sztorc Unveils August Bitcoin Hard Fork With 1:1 BTC Coin Split

Bitcoin developer and Drivechain architect Paul Sztorc announced a new Bitcoin hard fork called eCash, set to launch this August, giving every BTC holder an equal number of eCash coins at the time of the split. Key Takeaways: Paul Sztorc announced eCash, a new Bitcoin hard fork dropping in August 2026, with a 1:1 BTC […]

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bitcoinist.com Traders Bet Against XRP, Yet Accumulation Persists – Details

Over the last week, XRP prices have dropped by almost 3%, returning to settle in a consolidation around the $1.43 zone. Notably, this performance aligns with a broader negative sentiment among traders, who are confidently bearish on the altcoin direction. However, an underlying accumulation pattern points to a long-term bullish bet. Related Reading: Coinbase Is […]

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forklog.media Google to Invest Up to $40 Billion in Anthropic

Alphabet's subsidiary, Google, is set to invest up to $40 billion in Anthropic, deepening its partnership with the AI startup, according to Reuters. Despite this, the parties remain direct competitors in the artificial intelligence sector, the agency noted. Anthropic will receive $10 billion from Google at a valuation of $350 billion to significantly expand its computing capabilities. An additional $30 billion is contingent upon the Claude models achieving performance targets. In April, Amazon announced investments of up to $25 billion in the startup. In February, the AI company raised $30 billion in a new funding round and received several offers from venture firms, valuing Anthropic at $800 billion. The popularity of the programming-focused tool Claude Code has contributed to the startup's improved financials. In April, Anthropic's annual revenue exceeded $30 billion, compared to approximately $9 billion at the end of 2025. AI as a Challenge for Crypto Startups The rapid growth of AI startups has led to a sharp increase in venture investors' expectations for new projects. This has made it significantly more difficult for crypto entrepreneurs to attract capital, said Paul Brody, CEO of Nightfall Networks, in an interview with DL News. "What was once considered high performance at the early stage—around $2 million in revenue in the first year—is no longer sufficient. Now investors expect around $4 million," he explained. Nevertheless, Brody saw reason for optimism in the "overcrowded" AI market. Some venture firms are already questioning whether they have overcommitted to this sector. This prompts them to consider diversifying their portfolios, the expert noted. In Search of Computing Power The high demand for the Claude family of models has prompted Anthropic to secure several major deals for additional computing power. The company has signed multi-year contracts with chipmaker Broadcom and cloud infrastructure provider CoreWeave. By the end of the current year, Anthropic plans to secure access to 1 GW through Amazon chips. In November 2025, the startup announced a $50 billion plan to build specialized data centers in the United States. Back in April, Anthropic's shares became the most sought-after on the secondary market, while shares of rival OpenAI lost appeal to buyers.

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news.bitcoin.com Hashrate Index: Brazil and Venezuela Show Potential to Grow Latam’s Bitcoin Mining Share

A new report on the state of bitcoin mining in Latam found that the region is lagging in bitcoin mining adoption, even as it holds vast energy resources. While Paraguay holds the fourth place in global hashrate, Hashrate Index picked Brazil and Venezuela as the nations to follow. Key Takeaways: A 2026 Hashrate Index report […]

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blockonomi.com Circle Launches Unified Balance Kit for Instant USDC Transfers

TLDR: Unified Balance Kit removes chain fragmentation by offering a single USDC balance across networks Developers can now execute cross-chain USDC transfers in under 500ms using Circle Gateway network Unified SDK reduces engineering overhead by removing custom multichain routing logic layer Circle Gateway powers unified USDC balances with automated cross-chain liquidity movement flow Circle CEO [...] The post Circle Launches Unified Balance Kit for Instant USDC Transfers appeared first on Blockonomi.

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forklog.media Developer Announces Bitcoin Hard Fork and Distribution of Satoshi’s Coins

Bitcoin developer Paul Sztorc has announced the launch of a hard fork of the original cryptocurrency network, named eCash. The deployment of the alternative blockchain is scheduled for August 2026. BREAKING: New Bitcoin ForkI am helping create a **new Bitcoin Hardfork** — dropping this August, called "eCash".— Your coins will split. For example, if you have 4.19 BTC, then you will get 4.19 eCash.— You may sell your eCash — or keep it. Or ignore it!Vegas:— Yes, I…— Paul Sztorc (@Truthcoin) April 24, 2026 According to the announcement, the project is conceived as a "clean" reboot of Bitcoin, retaining the network's basic architecture. BTC holders at the time of the snapshot will receive new coins at a 1:1 ratio. "You can sell your eCash, keep it, or ignore it," noted Sztorc. What is Known About eCash According to the developer, the blockchain uses an almost unchanged codebase of the main Bitcoin Core client and will maintain the SHA-256 consensus algorithm. However, initially, the mining difficulty will be reset to "minimal value."     The project includes support for L2 infrastructure in the form of drivechains. Sztorc is the author of this concept, but his proposals BIP-300 and BIP-301 have not gained widespread support after years of discussion. The programmer noted that seven drivechains are in development, including one focused on privacy "in the style of zCash." Among other planned L2s, he highlighted Truthcoin (prediction markets), CoinShift (decentralized exchange), BitAssets (NFTs and other assets), BitNames (identification), and the quantum-resistant Photon. Sztorc emphasized that he intentionally removed the word Bitcoin from the network's name to distance it from the fate of the 2017 BCH fork. In his view, the new blockchain, unlike Bitcoin Cash, offers a "permanent and sustainable solution to Bitcoin's problems." "In 2017, the BTC tech stack was strong, as were expectations for Lightning [Network]. Today, it's the opposite," Sztorc believes. Controversial Decision The creator of eCash announced the distribution of part (up to half) of ~1.1 million BTC stored in the so-called "Patoshi miner wallets." These coins are attributed to Bitcoin's creator Satoshi Nakamoto, but their true owner is unknown. The idea has drawn sharp criticism from some in the community, who view the initiative as a violation of the fundamental principle of property immutability. Outside of whatever drama may unfold:1. Taking Satoshi coins is theft and disrespectful. 2. eCash is already used for Lightning payments with Cashu and Fedi.Those are poor choices.— Peter McCormack 🏴‍☠️🇬🇧🇮🇪 (@PeterMcCormack) April 24, 2026 "Taking Satoshi's coins is theft and disrespect. Moreover, eCash is already used for Lightning payments in Cashu and Fedi. These are poor choices," wrote podcaster Peter McCormack. One user questioned what would happen if the real owner of the "Patoshi coins" later emerged. Sztorc acknowledged that the decision regarding the assets is controversial but called it "actually perfect." The distribution of coins allows investors to engage with the fork and launch it as a "ready project," rather than another "zombie network," the developer emphasized. "I'll give you two or three years before a complete collapse, and I'll finally try drivechains on Bitcoin, but without a fork using the most inefficient script stuff," stated a commentator under the nickname PacoVM. In April, the community was outraged by a radical plan to protect Bitcoin from quantum computers. The initiative BIP-361, proposed by Casa founder Jameson Lopp and a group of experts, suggests freezing vulnerable coins.

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forklog.media Why Bitget is blending crypto, forex and AI

In this episode of “Deconstruction”, using Bitget as a case study, we examine how crypto exchanges are turning into global financial super-apps. Together with Bitget’s CIS marketing manager, Liliya Malikova, we discussed in detail the main trends at the intersection of Web3 and TradFi. ForkLog (FL): In recent years exchanges have moved onto the turf of traditional brokers. What motivated this decision for Bitget in particular? Liliya Malikova (L. M.): On the one hand, our task is to keep users and assets within a single ecosystem so people do not have to jump between a bunch of other apps. On the other, we see real demand: people do not want to just trade crypto; they want to build a broader portfolio. It is a logical step in our evolution, where we view the market more broadly and meet financial needs on a single universal platform. FL: Who in the CIS market is most interested in new instruments now? L. M.: In the CIS, most of the audience came into crypto a few years ago, lived through cycles and now want their financial result not to depend solely on crypto. Our target audience already lives in a digital environment and is simply looking for an expanded toolkit. We also see traders from traditional brokers, who note how fast, high-tech and convenient our platform is. FL: Users are accustomed to memecoin volatility and quick 10x returns. What challenges do you face when offering them conventional equities and indices? L. M.: The crypto audience is used to rapid moves, so buying stocks often seems uninteresting to the new generation because of the market’s slower pace. We just change the framing: we do not suggest replacing crypto with stocks; we offer a tool to ride out a bear cycle more safely. In general, traders do not care much what they trade, as long as they can balance risks efficiently. FL: What is the business goal behind integrating MetaTrader 5 (MT5)? L. M.: MT5 is a familiar environment for a vast number of professional traders, and the first goal is to open the door for them to a crypto exchange. The second goal is to give our current crypto users an alternative interface with more metrics and algorithms. We did not significantly change the core Bitget app; we simply expanded the ecosystem by adding a TradFi button. FL: MT5 is associated with algo-trading. Are you seeing users porting their forex robots to the crypto market? L. M.: There is interest, and because MT5 is historically linked to sophisticated strategies, we do notice a spike in robot use by advanced traders. However, the crypto market differs in the structure of its moves, so algorithms do not transfer one-to-one, and you cannot just copy old forex code. We do not think everyone will move en masse into algo-trading; it is simply another convenient window for experienced users. FL: Bitget has introduced contracts for difference (CFD). Which traditional asset classes draw the most interest in the CIS? L. M.: The most popular assets across regions are gold, oil and classic indices. In the CIS, gold is traditionally perceived as a defensive asset, and indices attract traders because they are highly volatile on macro news. US stocks draw the least attention right now; people mostly prefer the S&P 500 and other fundamental instruments. FL: What are the risks of CFDs, and could a major market crash like in October 2025 happen again? L. M.: The risk is high, especially if you enter this instrument chasing quick multiples: leverage works both ways, and mistakes are very painful. Our main task is to explain the mechanics of margin and liquidations to users, because CFDs are intended exclusively for mature traders. At the same time, gold will not drop 90% in a few hours, unlike altcoins, and the probability of the contract price decoupling from the underlying asset is extremely low. FL: How effective is artificial intelligence for crypto trading? L. M.: The main misconception is that AI will become a “money button” — there is no miracle; it simply analyses deep layers of data and helps make decisions faster. AI is useful because it delivers quick answers amid information noise, builds a plan and reminds you about risks. But the final responsibility for the trade and understanding risk management always lie with the trader. FL: Tell us what GetClaw is and how it works. L. M.: It is an AI agent that lets you operate your exchange account directly in a Telegram chat via an API key, without logging into the app. In the chat you can check your balance or issue a text command to buy, sell and withdraw assets from staking. I think this is the future of the entire industry, where these agents, not people, will be the ones trading via the platform. FL: Do you use AI-based tools inside the company itself? L. M.: To remain consistently among market leaders, we must accelerate with AI: the first draft of content and creatives is already generated via neural networks. Support is also partially automated, where the first filter of enquiries is handled by an algorithm, and we use AI for marketing analytics. At the same time, sensitive legal communications and our public position always remain the personal responsibility of the team. FL: Why have people suddenly started trading on prediction markets en masse, and why is AI analytics needed there? L. M.: Prediction markets have become a very human type of trading: a user does not need to know wave analysis; they simply place a bet based on how they feel. AI analytics are needed mainly to help structure information and avoid drowning in the massive noise around world events. Artificial intelligence gathers context, but the final investment decision still rests with the user. FL: Could crypto exchanges eventually replace traditional banks and retail brokers entirely? L. M.: Our exchange has an ambitious goal: by 2030 to take 40% of the traditional finance market, and thanks to fiat crypto channels we really can replace banks. In future the ideal user portfolio will include a core (bitcoin, stocks, gold) and a risk layer of altcoins. Tactical TradFi instruments will give traders stability, so people will build more sophisticated and resilient portfolios. The conversation has been significantly abridged. Watch the full episode: Subscribe to the podcast: Apple Podcasts Spotify YouTube Deezer Яндекс.Музыка YouTube Music

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