Adam Back and Michael Saylor have successively published articles opposing BIP110's 'Filtered Fork' proposal.
Blockstream CEO Adam Back and Strategy founder Michael Saylor have both published statements opposing the BIP 110 proposal. Adam Back stated that BIP 110 essentially attempts to constrain others’ behavior via consensus-layer measures, which contradicts Bitcoin’s core attributes of decentralization and permissionlessness. Bitcoin’s technical consensus mechanism is itself an efficient immune system; any change not rigorously vetted by hundreds of developers cannot pass. He called on BIP 110 supporters to deeply understand Bitcoin’s operational logic rather than initiating a separate fork. In contrast, Michael Saylor noted that BIP 110 elevates a spam debate to a consensus change that could invalidate some currently valid transactions, and this precedent itself is the real risk. BIP 110 is a Bitcoin Improvement Proposal (BIP) designed to modify the default relay policy to filter or restrict specific types of data embedded in on-chain transactions, such as OP_RETURN outputs. Its supporters argue that this move will help curb the proliferation of on-chain spam.
7 minutes ago
LAB Whale Sells 18.5 Million Tokens in Two Days, Triggering 50% Price Drop
Per EmberCN’s monitoring, LAB’s whale transferred 10.5 million LAB tokens to Aster last night, worth approximately $9.15 million. Over the past 11 hours, LAB’s price dropped another 37% to $0.56. Cumulative transfers over two days total 18.5 million LAB (about $18.69 million), with the token’s price falling 53% from $1.2 to $0.56. After transferring 8 million LAB (around $9.54 million) the night before last, LAB’s price slid 26% from $1.2 to $0.89; following last night’s additional transfer, the token’s price dropped a further 37%.
7 minutes ago
Iran's Revolutionary Guard announces closure of the Strait of Hormuz.
According to Xinhua News Agency, the Navy of Iran’s Islamic Revolutionary Guard Corps announced in the early hours of the 12th that the Strait of Hormuz will be closed effective immediately, with no vessels allowed to pass. Earlier, Iran had stated that foreign powers’ interference in Strait of Hormuz affairs and illegal demarcation of vessel transit routes would prompt Iran to “resolutely respond”. Citing unsafe conditions caused by illegal interference from foreign powers, the Strait of Hormuz is closed effective immediately until further notice and until the U.S. stops interfering in the region. Iran warned that if the U.S. uses this incident as a pretext to launch new attacks on Iran, Iran will respond fiercely by targeting more U.S. bases in the Middle East.
7 minutes ago
Predict.fun World Cup Knockout Stage: England’s qualification probability stands at 64%, while Norway only secures 35% market support.
Data from prediction market platform Predict.fun shows that the upcoming 2026 FIFA World Cup quarterfinal will pit Norway against England. As of press time, the market assigns England a roughly 64% probability of advancing, while Norway’s advancement odds stand at around 35%. Notably, Norway, making its first-ever appearance in the World Cup quarterfinals, has already notched its best result in team history. The side’s top striker Haaland has netted 7 goals in the tournament, including a brace in just 11 minutes during the previous round to help Norway eliminate Brazil. For England, Kane has contributed 6 goals, with players like Bellingham and Gordon also consistently chipping in offensively. However, England has conceded goals in two straight knockout matches. Against the in-form Haaland, containing his performance will be the key to deciding the match’s winner.
7 minutes ago
Polymarket generated $1.88 million in revenue over the past 24 hours, placing it third among crypto protocols.
According to Defillama data, Polymarket generated $1.88 million in revenue over the past 24 hours, surpassing Canton and Hyperliquid to rank as the 3rd highest-earning crypto protocol. The protocol’s cumulative revenue has exceeded $94 million.
7 minutes ago
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