Attackers seized the official X accounts of SpaceXAI and Starlink on Sunday to promote a memecoin called Scam Altman (SCATMAN), which briefly touched a $32 million market cap on Robinhood Chain. Lookonchain noted the hacker minted 10 trillion tokens and dumped them for about $135,000 in ether. A Verified-Account Playbook Strikes Elon Musk’s Companies The […]
Bitcoin.com News•Shiraz Jagati13 Jul
Bitcoin is trading around $63,000, down 2% over the last 24 hours, as the United States launched a third round of strikes on Iran and Tehran declared the Strait of Hormuz closed “until further notice.” Brent crude surged 4.5% as weekend futures trading opened. Strikes Resume as the Ceasefire Collapses U.S. Central Command said its […]
Bitcoin.com News•Shiraz Jagati13 Jul
The report stresses that “The Merge,” a foundational change in Ethereum’s consensus mechanism, reduced energy demand by 3.5 orders of magnitude, scaling down a network that required energy equivalent to a small nation-state like Iceland before the new proof-of-stake consensus change. Cambridge Center Highlights Ethereum Post-Merge Achievements in New Report Analysts are still scrutinizing the […]
Bitcoin.com News•Sergio Goschenko13 Jul
South African mayor recently joined the metro police in a targeted night operation to impound luxury vehicles driven by self-proclaimed cryptocurrency and forex “traders” operating with fake or missing registrations. Luxury Seizures and Social Media Lures A crackdown on unregistered luxury vehicles in South Africa’s Cape Town has spotlighted the city’s growing battle against fraudulent […]
Bitcoin.com News•Terence Zimwara13 Jul
U.S. gross national debt crossed $39 trillion in mid-March, and debt held by the public stood at over $31 trillion. With the Congressional Budget Office projecting a $1.9 trillion deficit in fiscal 2026 and public debt rising to $56 trillion by 2036, Sen. Cynthia Lummis is pitching the proposed BITCOIN Act to have the Treasury […]
Bitcoin.com News•Guest Author13 Jul
The institution announced that this measure targets the country’s shadow economy, which accounted for nearly 41% of its GDP by 2015. The Bank of Thailand is already applying the proposed checks on large cash transactions and on gold bullion movements, reducing volumes considerably. Bank of Thailand Targets Stablecoins Transactions in Gray Economy Crackdown The Bank […]
Bitcoin.com News•Sergio Goschenko13 Jul
A hobbyist running a single Bitaxe device just won Bitcoin’s biggest lottery. On July 9, 2026, at approximately 03:30 UTC, a solo miner using a palm-sized Bitaxe device mined block 957382 through Public Pool, claiming the full 3.1382 BTC block reward. That includes the 3.125 BTC subsidy plus roughly 0.0132 BTC in transaction fees, worth […]
Bitcoin.com News•Jamie Redman13 Jul
Ripple nearly shut down after the U.S. Securities and Exchange Commission (SEC) sued the company, with CEO Brad Garlinghouse considering whether to end operations, distribute XRP holdings to shareholders, and close the business. Ripple Considered Closing After SEC Lawsuit Put Company at Risk Ripple CEO Brad Garlinghouse revealed that the company considered shutting down after […]
Bitcoin.com News•Kevin Helms13 Jul
Campbell Harvey, a Duke University finance professor, says an attack on Bitcoin that once looked economically self-defeating may now be financially viable because deep derivatives markets could let an attacker profit from the resulting price collapse. Harvey outlined the argument on Scott Melker’s “The Wolf of All Streets” podcast, describing a theoretical operation in which […]
Bitcoin.com News•Jamie Redman13 Jul
Strategy Executive Chairman Michael Saylor says bitcoin could evolve into a global digital capital asset by 2036, becoming a foundation for reserve capital, institutional collateral, and high-value settlement while powering a new generation of financial products built on a stable base protocol. Saylor Sees Major Changes Coming by 2036 Strategy Inc. (Nasdaq: MSTR) Executive Chairman […]
Bitcoin.com News•Kevin Helms12 Jul
Grayscale identified XRP as a “global payments” asset, placing the crypto token among digital assets the firm associates with specific financial and technological functions. Grayscale Places XRP at the Center of the Global Payments Narrative Crypto asset manager Grayscale highlighted XRP’s role in global payments as part of a framework that categorizes digital assets by […]
Bitcoin.com News•Kevin Helms12 Jul
Saylor stressed that the real danger of this action is invalidating currently valid transactions, even as they pay mining fees. He has stressed that spam is not currently a problem for the Bitcoin network. Michael Saylor Labels BIP-110 As ‘Dangerous’ As the activation of Bitcoin Improvement Proposal-110 (BIP-110), a so-called anti-spam fork for Bitcoin, looms, […]
Bitcoin.com News•Sergio Goschenko12 Jul
Gold fell 1.6% and silver dropped 4.3% this past week as a fragile U.S. jobs report and a fresh U.S.-Iran flare-up pulled precious metals in opposite directions within days of each other. Spot gold started the week near $4,175 an ounce. Futures pushed as high as $4,215.50 on Monday after the Bureau of Labor Statistics […]
Bitcoin.com News•Jamie Redman12 Jul
Bitcoin’s mining difficulty fell 5% on July 11, dropping to 127.17 trillion in the network’s 14th adjustment of 2026 and pulling the metric closer to its low for the year. The adjustment landed at block height 957600. Difficulty moved from 133.87 trillion to 127.17 trillion, a decline of roughly 6.70 trillion. The change took effect […]
Bitcoin.com News•Jamie Redman12 Jul
Michael Saylor outlined five risks facing bitcoin, arguing that the threats come not from bitcoin disappearing but from changes in financial structures, custody systems, regulation, and long-term network security. The Five Risks Saylor Says Could Shape Bitcoin’s Long-Term Path Strategy Inc. (Nasdaq: MSTR) Executive Chairman Michael Saylor explained that bitcoin’s most significant risks, according to […]
Bitcoin.com News•Kevin Helms12 Jul
Bitcoin traded a hair above $64,000 on July 12 at 11:30 a.m. EDT, as President Donald Trump declared a fragile ceasefire with Iran finished, adding a new layer of uncertainty to a market still climbing out of one of its worst months on record. Trump Says the Ceasefire Is Over Trump posted on Truth Social […]
Bitcoin.com News•Jamie Redman12 Jul
Coinbase’s chief policy officer pushed back against Senator Elizabeth Warren’s criticism of the CLARITY Act, arguing the crypto bill strengthens national security protections rather than creating sanctions risks. Coinbase Challenges Senator Warren’s Warning That CLARITY Act Threatens Sanctions Enforcement Crypto exchange Coinbase (Nasdaq: COIN) pushed back after U.S. Senator Elizabeth Warren (D-MA) warned that the […]
Bitcoin.com News•Kevin Helms12 Jul
Michael Saylor posted his signature orange-dot bitcoin chart after Strategy sold 3,588 BTC for $216 million, reigniting a familiar signal while casting fresh doubt over whether another buy is imminent or if the strategy itself is turning. The Orange Dots Return After Strategy Breaks Its Old Pattern On July 12, Michael Saylor posted his widely […]
Bitcoin.com News•Kevin Helms12 Jul
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story As of early Friday morning, Bitcoin has held […]
Bitcoin.com News•David Sencil12 Jul
For a brief stretch this year, the market seemed willing to believe that every megawatt with a fence around it could become an AI factory. This article first appeared in Miner Weekly, a weekly newsletter by BlocksBridge Consulting, curating the latest news in energy, bitcoin, and AI compute from The Energy Mag. Subscribe to receive […]
Bitcoin.com News•Guest Author12 Jul