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Perp DEX Dango to Wind Down, Will Halt Trading July 29

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Perp DEX Dango to Wind Down, Will Halt Trading July 29


Dango, a perpetuals exchange built on its own Layer-1 blockchain, said it will shut down, halting trading on July 29 and switching off its chain on Aug. 13. "Despite our best effort, various reasons have led us to conclude there is no viable path to a lasting commercial success," the team posted on… Read the full story at The Defiant

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Bitcoin split after BIP-110 fails, the new chain stopped after two blocks

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BIP-110 Situation Monitor. (Bip110.orange.surf)

Bitcoin mining firm AntPool mined the first non-signalling block, which the rest of the network accepted and BIP-110 nodes rejected, and a miner using Ocean produced the alternative that the breakaway chain followed instead. (A miner is an entity that uses massive computing resources to maintain bitcoin and process its transactions, earning newly issued bitcoin and fees for the work.)

AntPool and Ocean are mining pools, where many operators combine their machines and share the rewards.

The stall has a mechanical cause that is hard to escape. Bitcoin recalculates how difficult mining is every 2,016 blocks, aiming to keep blocks arriving roughly every ten minutes.

The breakaway chain inherited bitcoin’s current setting but has a tiny share of the machines, so its blocks arrive at long intervals. It cannot make mining easier until it completes 2,016 blocks at that pace. The monitor puts that at 350 days away, against 14 days for bitcoin.

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BIP-110 Situation Monitor. (Bip110.orange.surf)

Support was never there. Only 2.53% of blocks signalled for BIP-110 over the past two weeks, against the 55% needed to activate it without a split.

That leaves the fork coin in an awkward position for anyone hoping to sell it. Both chains still accept identical transactions, so a signed transaction sending fork coins also works on bitcoin, and a buyer can rebroadcast it there and collect real BTC from the same seller — opening up the chances of a novel attack method that users should keep track of.

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Okta Stock: How Cybersecurity Firm Is Targeting ‘Nonhuman’ Identity

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Okta Stock: How Cybersecurity Firm Is Targeting 'Nonhuman' Identity

Okta Cl A Okta Cl A OKTA $ 148.32 $4.81 3.35% 44% IBD Stock Analysis Stock bouncing off 21-day after rebounding from 10-week OKTA may be working on new base IBD Composite Rating 99/99 Industry Group Ranking 3/197 Emerging Pattern Pullback Pullback A stock may pull back after a breakout, often to the 50-day line. A rebound from the first…

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The Art Of The Exit: Dodging Panic When Dell Stock Breached Stop

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The Art Of The Exit: Dodging Panic When Dell Stock Breached Stop

Every entry needs an exit strategy in order to limit risk. Once you know the risk, then you can also set an appropriate position size for the trade. But the big assumption is that you can get the exit price you want in order to keep the loss small. What happens when a gap-down at the open demolishes your risk…

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‘Very Debilitating’: Hunter Biden Says His Father’s Cancer Has Spread Further

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‘Very Debilitating’: Hunter Biden Says His Father’s Cancer Has Spread Further

However, he added that his father’s concerns about the incoming President were likely well-founded.

“I think that Donald Trump has proven to be exactly who my dad thought he was going to be, as it relates to the revenge and retribution that he would seek on his political enemies,” he said.

The Biden family’s history with cancer

The Bidens have long advocated for comprehensive cancer research. Joe Biden’s eldest son, Beau, whom he had with his first wife Neilia Hunter Biden, died of glioblastoma, a type of brain cancer, in 2015.

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“Cancer uses every tool at its disposal — it hides from the immune system, builds its own blood supply, uses viruses to spread, engineers a friendly cellular environment to support its survival and growth, and knows how to spread through the body by using pathways and mutations we do not understand fully,” the 46th President and his wife, Jill, wrote in an article for TIME in 2017, during which they shared their reasons for launching the Biden Cancer Initiative. “Cancer never gives up; it never surrenders.”

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We Asked ChatGPT: Is XRP Doomed to Fall Below $1 After the CLARITY Act Delay?

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The delay of the US CLARITY Act announced at the end of the business week harmed several altcoins, but XRP’s price dipped the most among the larger caps.

BTC and ETH managed to hold support on Friday, remaining above or at key milestones at $64,000 and $1,900. XRP, on the other hand, slipped to just over $1. That’s why we decided to ask ChatGPT for its analysis of the matter and whether Ripple’s token will continue to face adverse consequences.

Why Such a Reaction, XRP?

The answer to whether the token will inevitably crash below $1, according to the popular AI solution, was “not necessarily, but the risk has increased.” It explained that the cross-border altcoin has become uniquely tied to US regulatory developments, dating back to the beginning of the lawsuit against the SEC nearly six years ago.

Unlike bitcoin, which has institutional and ETF demand, or Ethereum, which benefits from tokenization, stablecoins, and treasury accumulation from companies like Bitmine, much of XRP’s bullish narrative over the past few years has centered on regulatory clarity.

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Passage of the CLARITY Act would likely cement its commodity status in federal law and provide greater certainty for banks, institutions, and ETF issuers. In contrast, delaying the process postpones those potential inflows rather than eliminating them.

OpenAI’s solution pointed out that XRP had historically rallied aggressively on regulatory optimism earlier in the cycle, making it more vulnerable to disappointment when the catalyst faded. Certain analysts agree with the thesis that XRP could indeed slip below $1 soon, but they believe this would open the door for a more profound rally.

Is Sub-$1 Inevitable?

Again, ChatGPT doesn’t believe this is the most probable scenario; instead, it thinks XRP has several catalysts that could prevent such a move. Perhaps the most significant support comes from the company behind the token and its substantial expansion experienced over the past few years, which included major partnerships, acquisitions, and regulatory wins, albeit in other jurisdictions.

The AI also noted that markets tend to overreact to legislative delays – after all, it doesn’t necessarily mean the bill will fail. If investors begin pricing in eventual approval rather than focusing solely on timing, Ripple’s token could stabilize before Washington returns in September.

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Nevertheless, it didn’t completely rule out a dip below $1.00, especially if the broader crypto sentiment deteriorates and BTC loses key support. In addition, macroeconomic news or war escalation can trigger another leg down, and both of those factors are outside the scope of the regulatory delay.

The post We Asked ChatGPT: Is XRP Doomed to Fall Below $1 After the CLARITY Act Delay? appeared first on CryptoPotato.

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Twilio Stock: Twilio Earnings, Revenue Beat As Voice-Based AI Tools Gain Traction

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Twilio Stock: Twilio Earnings, Revenue Beat As Voice-Based AI Tools Gain Traction

Twilio (TWLO) stock jumped Friday after the communications software maker reported second-quarter earnings and revenue that topped consensus estimates as a new voice-based artificial intelligence product gained traction. The company’s September quarter sales outlook came in above expectations. The San Francisco-based company reported earnings after the market close on Thursday. Twilio EPS rose 24% to $1.47 for the June quarter…

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Nvidia Earnings: Turn A $265 Profit Trading Around Its Q2 Report

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Nvidia Earnings: Turn A $265 Profit Trading Around Its Q2 Report

Nvidia (NVDA) is set to report second-quarter earnings on Aug. 26 after the market close, and the options market is pricing in an 8.8% move in either direction. The tech heavyweight’s stock has a solid recent history of strong performance following earnings reports. Let’s look at selling a cash-secured put to take advantage of the high implied volatility around the…

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Loar Stock: Defense Leader Sets Up New Buy Point But Pulls Back

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Loar Stock: Defense Leader Sets Up New Buy Point But Pulls Back

Recent initial public offering Loar (LOAR) is the IPO Stock Of The Week as it offers a new buy point and attempts support at a key level. The defense stock also sits on Investor’s Business Daily’s IPO Leaders screen. Loar manufactures components for military and aerospace platforms. It supplies such defense giants such as Boeing (BA), Airbus (EADSY) and Lockheed…

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Major XRP Ledger Upgrade Targets Institutional Adoption But There’s a Catch

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XRPL has released version 3.3.0, which takes another step toward becoming infrastructure for institutional tokenization.

It introduces several proposed amendments focused on privacy, payments, and managing real-world assets (RWAs).

Confidential Transfers

Perhaps the most significant new feature is called Confidential Transfer. It’s designed to allow institutions to hide balances and transaction amounts for Multi-Purpose Tokens (MPTs) while keeping the accounts and the asset type involved visible. It uses cryptographic proofs to verify that transactions are valid without publicly revealing the underlying amounts.

According to the GitHub post and previous reports on the matter, this could address an important obstacle for financial institutions, which may want the transparency and settlement benefits of a public blockchain without exposing sensitive position sizes or transaction values.

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Data from RWA.xyz shows that roughly $850 million out of the $1.38 billion in RWA distributed on the XRPL is from Ripple’s own stablecoin, RLUSD. This leaves approximately $530 million in other tokenized assets from other big names in the niche, such as Ondo, Archax, Societe Generale, and VERT Capital.

Other Proposals

Aside from Confidential Transfers, the other updates named in version 3.3.0 include Batch, Sponsor, and Permission Delegation. The first amendment would allow up to eight transactions to be grouped together, including an atomic mode in which either all transactions succeed or the entire batch fails. This is expected to benefit complex settlements, swaps, and institutional transactions.

Sponsor is designed to enable one account to cover another user’s transaction fees and reserve requirements. In other words, it could allow companies to onboard customers without requiring them to purchase XRP before interacting with an application.

The last one would enable account holders to grant another party pre-defined transaction permissions without surrendering full control of the wallet. It would align with Dynamic MPT and provide issuers with greater flexibility by allowing certain token characteristics to be modified after issuance.

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It’s worth noting that these amendments are not live on the XRP Ledger Mainnet yet, as the governance process requires each to maintain support from at least 80% of trusted validators for two consecutive weeks before activation.

The post Major XRP Ledger Upgrade Targets Institutional Adoption But There’s a Catch appeared first on CryptoPotato.

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Trump Warns China Could Challenge US Crypto Leadership as Clarity Act Stalls

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Crypto Breaking News

Donald Trump has warned that China could gain control of the global crypto sector as the US delays major market rules. The president stressed that America must protect its leadership in digital assets while lawmakers struggle with the CLARITY Act. His remarks add pressure on Congress as negotiations continue over regulations, ethics rules, and illicit finance provisions.

Trump Links Crypto Leadership to US National Strategy

Trump has placed cryptocurrency among the technologies that could shape America’s economic position in coming years. He also compared the strategic importance of crypto with artificial intelligence and urged the US to maintain leadership. Meanwhile, his administration continues to promote digital assets as an important part of the American technology sector.

The president warned that China could strengthen its position if the US slows crypto development. He also pointed to growing competition among countries seeking greater influence over emerging digital technologies. Therefore, Trump argued that restrictive policies could weaken America’s position while other nations expand their crypto industries.

Trump has also defended his administration’s approach toward digital asset regulation and innovation. He argued that excessive restrictions could discourage new businesses and push technological activity toward foreign markets. However, lawmakers continue to debate how the US should balance innovation with stronger safeguards across the crypto sector.

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Clarity Act Faces Continued Senate Delays

Trump’s comments arrive as the CLARITY Act remains stalled in the US Senate. The market structure bill seeks to establish clearer rules for digital assets and define responsibilities across federal regulators. However, lawmakers have yet to resolve several major disputes surrounding the legislation.

Senate negotiations have focused on ethics requirements, illicit finance measures, and other provisions within the bill. These disagreements have slowed progress and reduced the chances of an immediate floor vote. At the same time, lawmakers continue working on changes that could secure broader support for the legislation.

The delay creates another challenge for Trump’s broader crypto agenda and his push for American leadership. A prolonged legislative process could leave the industry without a comprehensive market structure framework. Meanwhile, competing jurisdictions could use regulatory clarity to attract crypto companies, capital, and blockchain development.

Trump Challenges Ethics Concerns Over Crypto

Trump has also criticized proposals that could restrict his participation in crypto-related businesses while serving as president. The ethics debate has become another issue within the wider negotiations surrounding the CLARITY Act. Lawmakers have considered measures designed to address potential conflicts involving public officials and digital asset interests.

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The president has indicated that his businesses remain under his family’s management during his administration. He has also said that he does not discuss government matters with his children. Consequently, Trump maintains that the ethics provisions should not prevent the US from advancing its digital asset sector.

The debate now combines regulatory policy, national competition, and ethics concerns around crypto. Trump continues pushing for US leadership, while Senate lawmakers seek agreement on the CLARITY Act. As negotiations continue, the final legislation could shape how America regulates crypto and competes with China in digital technology.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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