BIP-110 dies with a whimper, CLARITY vote punted: Hodler’s Digest, Aug. 9

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Written by Andrew Fentonstaff editorReviewed by Andrew Fentonstaff editor

Written by Andrew Fentonstaff editor

Reviewed by Andrew Fentonstaff editor

BIP-110 dies with a whimper, CLARITY vote punted: Hodler’s Digest, Aug. 9

MagazinePublishedAug 10, 2026

Why the Latest Crypto News Matters to You

The world of cryptocurrency is constantly evolving, and recent events have significant implications for anyone interested in earning online. From the demise of BIP-110 to the proposed changes in Ethereum’s issuance policy, it’s essential to stay informed about the latest developments. In this article, we’ll explore the key news and how it affects your ability to earn passive income through crypto.

Bitcoin ‘anti-spam’ BIP goes nowhere fast

BIP-110: A Failed Attempt to Eradicate Spam

The BIP-110 soft fork aimed to rid Bitcoin of non-financial transactions, but it has been pronounced dead due to lack of support. The proposal faced opposition from prominent Bitcoin advocates, who saw it as imposing censorship on the chain. This outcome is a reminder that the crypto community values decentralization and neutrality. If you’re interested in earning through crypto, consider platforms like EcoPool, which offers a secure and transparent way to earn $ECP.

CLARITY Act: A Vote Delayed

The CLARITY Act, which aims to provide clarity on crypto regulations, has been delayed until September. While some industry figures believe this delay will give crypto lobbyists time to negotiate and secure the necessary votes, others see it as a tactic to force politicians to take a stance on the issue. As the crypto landscape continues to evolve, it’s crucial to stay informed about regulatory developments and how they may impact your ability to earn through crypto, including Cloud Rewards and Green Crypto.

Ethereum’s Proposed Issuance Policy Change

Ethereum researchers have proposed a new issuance policy, which would cut validator rewards more sharply as the proportion of staked ETH rises. This proposal, known as EIP-8363, has sparked debate within the crypto community, with some arguing it could hurt DeFi, decentralization, and institutional adoption. If you’re interested in earning through Ethereum, consider the potential implications of this proposal on your ability to earn passive income.

Crypto Security: A Growing Concern

A recent security review of the Bitcoin ecosystem uncovered nearly 8,000 potential issues, including 168 critical flaws. This highlights the importance of prioritizing security when earning through crypto. Platforms like EcoPool, which offer secure and transparent ways to earn $ECP, can help mitigate these risks. Additionally, considering the benefits of EcoPool‘s Cloud Rewards and Green Crypto can provide a more sustainable and secure way to earn online.

Clarity vote gets punted to September

Market Trends and Institutional Investment

Institutional demand for crypto is on the rise, with spot Bitcoin exchange-traded funds registering their third-strongest showing since October. This influx of institutional investment can have a significant impact on the market, making it essential to stay informed about market trends and their potential effects on your ability to earn through crypto. With EcoPool, you can earn $ECP and take advantage of the growing demand for crypto.

To start earning through crypto and taking advantage of the growing demand, consider downloading the EcoPool app. With EcoPool, you can earn $ECP and participate in the Cloud Rewards and Green Crypto programs, providing a secure and sustainable way to earn online. Download the EcoPool app today and start earning your share of the crypto market.

“The Dems are insistent on no Clarity vote,” Thune told Cointelegraph. “I worked with sponsors of the bill. Senator Lummis was great, and we’re getting that queued up first thing when we come back.”

Crypto lobbyists have until then to shore up the 60 votes required by negotiating on ethics rules, the stablecoin yield issue, and protection for developers in the BRCA. The real question though is whether it will be a serious attempt to pass the legislation, or if the vote has been called simply “to get people on the record” ahead of the mid-term elections as Lummis suggested.

Bitcoiners form ‘red team’ to battle AI-assisted hacks

A Bitcoin security group made up of 16 volunteers said mid-week it had found nearly 5,000 potential issues during a rapid AI-assisted review of projects in the Bitcoin ecosystem. 

By the weekend that number had grown to 7,958 issues, with 168 critical flaws and 1,120 high severity issues.

Bitcoin Red Team is a volunteer security effort that includes Rob Hamilton, CEO of AnchorWatch and Bitcoin developer Calle, which has been using AI tools and human review to scan open-source Bitcoin-related repositories for vulnerabilities. 

“We’re averaging on the order of 1 critical exploit per hour per person,” said Calle in a post.

The team sprang into action as a result of the Coldcard hardware wallet hacks, which developer Coinkite suggested were the result of an AI analysis of its source code. More than $100 million has been stolen by 7300 wallets, due to flaws in the random number generated used to generate seed phrases. It has become the third largest crypto hack in 2026 and helped push July’s crypto thefts total to $247 million.

The incident helped shine a light on the trust required with using a hardware wallet, and led many Bitcoiners to wonder if any wallet was truly safe?

Many are now determined to use at least 100 manual dice rolls to generate their own seed phrase.

Ethereum researchers want to rein in staking; critics say it could backfire

A group of Ethereum researchers and developers have proposed changing the network’s issuance policy to cut validator rewards more sharply as the proportion of staked ETH rises.

Tapered Issuance Burn (AKA EIP-8363) would cut rewards entirely as the percentage of supply staked crossed the 50% mark. It’s currently at 34% with a huge queue of ETH waiting to enter, and there are fears this may continue to snowball while providing progressively less benefit for the security of the network.

Despite offering some compelling arguments in favor of the proposal, it has been met with a fierce backlash, especially from DeFi protocols. Ether.fi founder Mike Silagadze suggested Ether.fi would get out of staking entirely if it goes through. He said:

“This is so disappointing on every level. […] This is bad for decentralization, this is bad for Ethereum adoption, and this is bad for the credibility of the network.”

Happy days are here again as Bitcoin ETFs see best week in four months

The spot Bitcoin exchange-traded funds registered their third-strongest showing since October as institutional demand showed signs of renewed momentum.

The haul of $853.54 million in inflows was five times the amount they netted across all of July, and was the best week since April. The Ether ETFs took in another $243.7 million.

Some industry figures believe the large inflows may be related to the Coldcard hack, which has made institutional custody more attractive than using a potentially insecure hardware wallet. Bloomberg ETF analyst Eric Balchunas suggested there may be a connection, while Binance co-founder Changpeng “CZ” Zhao said point blank: “It is statistically safer to store coins on exchanges than to self custody.”

Winners and Losers

At the end of the week, Bitcoin (BTC) is up 2% to trade at $64,814, Ethereum (ETH) is up 1.7% to trade at $1,908 and XRP (XRP) is down 5% to $1.02. The total market cap is at $2.21 trillion according to CoinMarketCap.

Among the biggest 100 cryptocurrencies, the top three altcoin winners of the week are Pump.fun (PUMP) with a 27.6% gain, LayerZero (ZRO) on 17.6%, and Curve DAO (CRV) on 16.2%.

The top three altcoin losers of the week are Injective (INJ) which was down 15.1%, Canton (CC) down 13.8% and Cronos (CRO) down 13.7%.

Prediction of the Week

Bitcoin will never fall below $60K again: Nansen founder

Nansen founder and CEO Alex Svanevik says the Bitcoin market may be approaching a bottom, suggesting that the current level around $60,000 could mark Bitcoin’s cycle low.

“My personal view is that I don’t think Bitcoin’s gonna go back below $60,000,” Svanevik says. “I think that’s the past… I think forever,” he says.

He bases this on the belief that Bitcoin serves as a hedge against central bank money creation, and he doesn’t see the global monetary expansion cycle coming to an end anytime soon.

Top FUD of the Week

Crypto wrench attacks net more than $30M so far in 2026

Criminals stole more than $30 million through physical attacks on crypto holders in the first half of this year, putting 2026 on pace to surpass the record $58 million stolen in 2025.

Chainalysis reports that 46 violent crypto-related incidents had been documented globally through late June, up from 40 during the same period in 2025. The incidents include kidnappings, home invasions and hostage situations, collectively known as “wrench attacks.” 

Only 12 of the 46 attempts resulted in payment, giving attackers a 26% success rate, down from 49% in 2025.

ElizaOS token sinks 19% to record low after founder declares it ‘dead’

ElizaOS fell 19% over 24 hours to an all-time low after Eliza Labs founder Shaw Walters said the token was “dead” and that the Eliza Foundation was winding down. 

CoinGecko data showed the token now has a market capitalization of $2.1 million.

“The token is dead. Completely,” Walters said, adding that he no longer owned or supported the token.

The decline represents a stark reversal for one of the AI-agent sector’s former breakout tokens. Before the project rebranded as ElizaOS, the token, then known as AI16Z, reached a peak market capitalization of $2.5 billion in January 2025, according to CoinGecko.

Walters said the development of the open-source Eliza software would continue without the token or the foundation. 

CEX perpetual futures volume falls to $4T, lowest since late 2023

Crypto perpetual futures trading volume on centralized cryptocurrency exchanges (CEXs) fell to $4 trillion in July, marking a 31-month low.

Binance led CEXs with $1.4 trillion in monthly perpetual futures volume, followed by OKX with $607 billion and Bybit with $300 billion, analytics platform CryptoRank said in a Friday X post.

Perpetual trading volume on decentralized exchanges (DEXs) fell to $531 billion in July, the lowest level since June 2025, and a 21% decline from the $676 billion seen in June 2026, according to data aggregator DefiLlama.

Best Magazine Features of the Week

Do the Coldcard attacks mean all hardware wallets are now insecure?

The Coldcard entropy flaw caused a crisis of confidence in hardware wallets. Here’s the details you need to know before you entrust Ledger, Trezor or Foundation with your Bitcoin.

10 weirdest things ever tokenized… including farts

Tokenized cows may have gone viral, but they’re just the latest in a long line of strange things to find a home onchain, from farts, to human skin and destroyed artworks

Fierce backlash to Ethereum’s EIP-8363 staking proposal

Ethereum’s proposed EIP-8363 staking overhaul aims to reduce issuance, but critics say it could hurt DeFi, decentralization and institutional adoption.

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  • Washington
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