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Adam Back criticizes BIP-110, arguing it jeopardizes Bitcoin's stability by enabling potential risks like fund freezing and chain splits. He views it as an unnecessary response to spam that could harm users and damage Bitcoin's reputation.
UToday22m ago
Bitcoin Layer 2 Network Stacks Completes SIP-034 Upgrade, Network Processing Capacity Increases Up to 30x
Bitcoin Layer 2 network Stacks implemented SIP-034 upgrade on March 17, enhancing network processing capacity for certain DeFi applications by 30 times. By optimizing transaction processing limits, the upgrade significantly impacts complex DeFi applications and is expected to indirectly increase transactions and fees.
GateNews35m ago
A whale withdrew 217.7 BTC from a certain CEX half an hour ago, accumulating 2634.7 BTC over 14 days.
Gate News reported that on March 17, on-chain data shows that a certain whale/institution withdrew 217.7 BTC from a certain CEX half an hour ago, valued at $16.04 million. This address has been continuously withdrawing BTC from the exchange since March 3, accumulating a total of 2634.7 BTC over 14 days (total value of $186 million), with an average cost of $70,805 per coin, and currently has unrealized gains of $9.05 million.
GateNews1h ago
Today Bitcoin ETF net inflows of 2,955 BTC, Ethereum ETF net inflows of 7,894 ETH
Gate News report: On March 17, according to Lookonchain monitoring, as of press time, Bitcoin ETF net inflows reached 2,955 BTC (valued at $219 million), Ethereum ETF net inflows reached 7,894 ETH (valued at $18.5 million), and SOL ETF net inflows reached 24,020 SOL (valued at $2.27 million).
GateNews1h ago
