What is happening in Bitcoin, and why it matters
News, analysis, and essays. Reported clearly and framed honestly. Educational only, never financial advice.
Bitcoin Red Team Completes First Scan of the Open-Source Ecosystem, Files 7,958 Findings
The volunteer Bitcoin Red Team says its first AI-assisted pass over the public Bitcoin open-source ecosystem is done, reporting 7,958 potential findings across 501 projects, with Lightning software flagged as the worst affected.
BIP-110 Nears Mandatory Signaling With Minimal Miner Support
BIP-110's mandatory signaling window is expected to open around August 9. Miner support has stayed in the low single digits, far below the 55 percent threshold, and a reproducible bug has been reported in the activation client.
Coldcard Firmware Flaw Linked to Theft of More Than 1,000 Bitcoin
Hardware wallet maker Coinkite confirmed a firmware bug that weakened seed generation on several Coldcard models. Roughly 594 Bitcoin were swept from about 500 wallets on July 30, and analysts now link a total of about 1,082 Bitcoin to the same pattern.
Industry-Funded Study Puts US Crypto Employment at 34,000 Direct Jobs
The National Cryptocurrency Association published its Crypto at Work report on 22 July. It puts direct employment at crypto companies at 34,000 and models a further 198,000 supported jobs across the wider economy. The authors flag several modelling assumptions.
Senate Republicans Release Merged CLARITY Act Text With New Ethics Section
The 616-page draft keeps the market structure intact and adds a ban on federal officials issuing or sponsoring digital assets. Seven Senate Democrats whose votes the bill needs said the text falls short.