Partner with us

News Explorer — BIP-42 by Pieter Wuille Prevented Bitcoin's Block Reward From Resetting to 50 BTC

Generated by AI, curated by humans

Apr 1, 4:18 pm

Blockworks

BIP-42 by Pieter Wuille Prevented Bitcoin's Block Reward From Resetting to 50 BTC

BIP-42, submitted by Bitcoin Core contributor Pieter Wuille, corrected a potential supply crisis in the year 2265 caused by a coding error in Bitcoin's logic for halvings. This prevented the block reward from reverting to its original state of 50 BTC, ensuring Bitcoin's scarcity remains intact for centuries.

BIP-42, submitted by Bitcoin Core contributor Pieter Wuille, corrected a potential supply crisis in the year 2265 caused by a coding error in Bitcoin's logic for halvings. This prevented the block reward from reverting to its original state of 50 BTC, ensuring Bitcoin's scarcity remains intact for centuries.

Latest

Jun 25, 6:14 pm

Decrypt

Bitcoin Fork BCH Breaks Resistance Level With Bullish Momentum: Analysis

The crypto market remains relatively stable after the Israel-Iran ceasefire, with only a few coins showing significant g... Read Summary

Jun 25, 5:21 pm

Decrypt

Fintech Giant SoFi Is Bringing Back Bitcoin, Ethereum Trading

SoFi will reintroduce crypto trading later this year, offering users the ability to trade popular cryptocurrencies like... Read Summary

Jun 25, 4:31 pm

Coindesk

Barclays Will Block Credit Card Holders From Buying Crypto

Barclays, one of the U.K.'s largest banks, will block customers from using credit cards to buy cryptocurrency due to ris... Read Summary

Jun 25, 5:01 pm

Decrypt

'Misunderstood' Coinbase Stock Could Surge on Stablecoin Demand: Bernstein

Bernstein upgraded Coinbase's price target by 65%, citing the company's initiatives and market dominance. The analysts b... Read Summary

Jun 25, 4:21 pm

DL News

Hacked Crypto Lending Protocol zkLend Is Shutting Down

ZkLend, a DeFi lending protocol, is shutting down after losing $9.5 million to an exploit and facing delisting of its na... Read Summary

Jun 25, 3:41 pm

Coindesk

Animoca Brands Reveals Moca Network Digital Identity Blockchain

Moca Network, a project by Animoca Brands, plans to launch Moca Chain, a layer-1 blockchain for Web3 projects to verify... Read Summary

Jun 25, 2:51 pm

Coindesk

Senator Lummis Expects Crypto Bills to Pass by End of Year

Senator Cynthia Lummis predicts that U.S. regulations for the crypto sector may take several more months to complete, po... Read Summary

Jun 25, 3:14 pm

Decrypt

Funds From $1.5 Billion Bybit Ethereum Hack Traced to Greek Exchange: Report

The $1.5 billion hack of Bybit in February led Greek authorities to trace the proceeds to a local crypto exchange. The P... Read Summary

Jun 25, 2:16 pm

Coindesk

Anthony Pompliano's Bitcoin Treasury Firm Adds Another $128 Million in BTC

ProCap BTC, led by Anthony Pompliano, purchased 1,208 bitcoin at an average price of $105,977 per token, totaling $128 m... Read Summary

Jun 25, 1:46 pm

Unchained Crypto

Solana Treasury Firm DeFi Development Corp. Launches Dogwifhat Validator Node

DeFi Development Corp. has launched a Dogwifhat validator node on the Solana blockchain in partnership with the communit... Read Summary

Jun 25, 12:41 pm

Protos

Cork Protocol Hacker Sends Stolen ETH Through Tornado Cash, Donates $24K to Roman Storm's Legal Fund

The hacker from Cork Protocol's $12 million exploit sent $11 million in stolen ETH through Tornado Cash and donated $24,... Read Summary

Jun 25, 12:46 pm

DL News

Near Blockchain Community Weighs Slashing Staking Rewards

Near DAO is considering reducing token inflation by halving staking rewards to address the excessive issuance of new tok... Read Summary

Jun 25, 12:30 pm

bitcoinmagazine.com

Bitcoin Treasury Companies Strategically Use Jurisdictional Laws, Tax Regimes for Capital Optimization

Bitcoin treasury companies like Metaplanet in Japan, The Blockchain Group in France, H100 Group in Sweden, The Smarter W... Read Summary

Jun 25, 6:48 am

Decrypt

Arizona House Passes Reserve Bill for Seized Crypto, Heads to Governor's Desk

Arizona's House of Representatives approved House Bill 2324, creating a framework for a "Bitcoin and Digital Assets Rese... Read Summary

Jun 25, 5:40 am

Decrypt

BOK Official Says Banks Should Be The Ones to Issue Stablecoins First

South Korea is considering allowing banks to issue stablecoins first, gradually expanding to non-banking sectors, to add... Read Summary