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When you first speak with Matt, CEO of BloFin, it’s immediately clear. This isn’t just another exchange founder chasing market cycles. His focus isn’t on hype, but on infrastructure. And not just any infrastructure, but the kind that redefines how value moves across the internet. “We’re not building just an exchange,” he tells me. “We’re …
As South Korea approaches its presidential election, candidates are competing for the crucial crypto investor vote by proposing Bitcoin ETFs and a won-backed stablecoin market.
While the days of easy crypto airdrops may be gone, 2025 brings a new era of targeted, effort-based rewards for savvy participants.
Bitcoin spot ETFs saw steady inflows, with BlackRock’s IBIT taking the lead. As BTC hits new highs, investor sentiment strengthens, indicating a bullish trend ahead.
Most recent Bitcoin golden crosses have triggered major rallies, though not without notable failures like the February 2020 bull trap.
- 01:17Ledger hardware wallet restrictions prevent some ADA holders from participating in the Glacier airdropAccording to Jinse Finance, some Cardano users are unable to claim the Glacier airdrop from the Midnight Foundation due to restrictions in the Ledger hardware wallet software. Cardano co-founder Charles Hoskinson explained that the issue lies in Ledger’s implementation of the CIP-8 message signing protocol, which currently only supports message signatures up to 31 bytes, while the Glacier airdrop requires 251 bytes. Cardano developers stated that they are rolling out a temporary solution that will use metadata from empty transactions to include the airdrop data. Fahmi Syed, Chairman of the Midnight Foundation, said that affected users will not lose their eligibility for the airdrop. The official solution is expected to be released by August 25, and users are reminded to beware of fraudulent websites and unauthorized solutions.
- 01:12"Insider Trader" Closes Ethereum Short Position, Bitcoin Short Liquidation Price Set at $114,491BlockBeats News, August 6—According to monitoring by EmberCN, the "insider trader" @qwatio closed his ETH short position with a stop-loss an hour ago to protect his BTC short position from being liquidated.Currently, he holds only a BTC short position worth $115 million, with a liquidation price at $114,491 and an unrealized profit of over $600,000. However, the liquidation price is just $400 away from BTC's current price.
- 01:12Base Outage Report: Sequencer Misconfiguration Led to Inability to Process Transactions, Total Downtime 33 MinutesBlockBeats News, August 6 — Base has released an outage incident report, stating that on August 5, there was a 33-minute interruption in block production. The cause was a switch to a backup sequencer, which was not properly configured to process transactions. The active sequencer at the time began to lag in block production, prompting Base’s Conductor system—which manages sequencer availability and reliability—to initiate a sequencer switch. The network has now fully recovered, with a total downtime of 33 minutes.