CZ Proposes Fix To Address Poisoning After Investor Loses $50M

Binance co-founder Changpeng Zhao proposed additional security measures to “eradicate” address poisoning, including wallet warnings and blacklists of suspicious accounts. “All wallets should simply check if a receiving address is a ‘poison address,’ and block the user. This is a blockchain query,” Zhao wrote in a Wednesday blog post. Address poisoning is a form of … Read more

The Protocol: Aave community split

Network News AAVE COMMUNITY SPLIT: Aave’s community members and participants have become sharply divided in recent weeks over control of the protocol’s brand and related assets, intensifying an ongoing dispute over the relationship between the decentralized autonomous organization (DAO) and Aave Labs, the centralized developer firm that builds much of Aave’s technology. The debate has … Read more

Filecoin (FIL) drops 2% as crypto markets weaken

Filecoin FIL$1.2709 slipped 2% to $1.28 on Wednesday, tracking broader crypto market flows rather than responding to token-specific catalysts. The token’s price action remains closely tied to the crypto market sentiment, according to CoinDesk Research’s technical analysis model. This tight correlation indicates large order flows are driving the price moves rather than fundamentals for Filecoin, … Read more

plunges to $24,000 on Binance against USD1

Bitcoin briefly displayed $24,111 on Binance in a sharp wick on the BTC/USD1 trading pair late Wednesday before snapping back above $87,000 within seconds, according to exchange data. (Binance) The move did not show up on any other major BTC pairs and appeared isolated to USD1, a stablecoin launched by Trump family-backed World Liberty Financial. … Read more

Bitcoin ETFs See $175 Million Outflows on Christmas Eve

Bitcoin (BTC) institutional outflows continued into Christmas as the US gained the title of biggest BTC seller. Key points: Bitcoin ETF netflows stay negative for Christmas Eve as the institutional investment vehicles lose another $175 million. Tax obligations and the quarterly options expiry are blamed for the poor performance. Hope remains for a broad rebound … Read more

Bitcoiners Bullish Over Musk Economic Growth Prediction

The Bitcoin community is hopeful for the cryptocurrency to again rally after billionaire Elon Musk predicted that the US economy could experience significant growth by December 2026 at the earliest. “Double-digit growth is coming within 12 to 18 months,” Musk said in an X post on Tuesday, “If applied intelligence is proxy for economic growth, … Read more