Bitcoin Core | Removal of “datacarrier” Limit

Bitcoin Core Github page announced yesterday that Core Developers have merged pull request #32406, removing support for “-datacarrier” argument for Bitcoin Core software in their next release, expected to be published in October.

Pull request #32406 has been merged — Github

This is the latest development regarding the initiative brought forth by Bitcoin Core developer Peter Todd, which has caused intense debate among Bitcoiners, now known as the “spam wars”.

The disagreement is over a change to Bitcoin Core’s transaction relay policy that removes the OP_RETURN data limit, which some see as a threat to Bitcoin’s very purpose, while others see it as a…

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LATEST: Smarter Web Company Buys 45.32 Bitcoin, Now Holding Reaches 168.08 BTC

Smarter Web Company has acquired 45.32 more bitcoin as part of its long-term treasury strategy called “The 10 Year Plan” aimed at strengthening its digital asset portfolio. This new purchase highlights the company’s growing confidence in bitcoin as a key financial asset for future growth.

The investment totals £3.5 million or\$4.73 million at an average price of £77437 or $104999.50 per bitcoin. With this move the company now holds 168.08 bitcoin in total currently valued at over £13 million or $17.7 million. Smarter Web is actively positioning itself as a forward-looking tech firm embracing the crypto economy.

This bold step reinforces the company’s belief that bitcoin is more than just a speculative asset. Smarter Web continues to treat bitcoin as a core treasury asset showing commitment to innovation and decentralized finance despite market volatility. Crypto adoption at the corporate level continues to gain traction and Smarter Web is leading the charge.

LATEST: South Korea Plans Stablecoin Licensing Under New Crypto Regulation Bill

South Korean lawmaker Min Byeong-deok has introduced a new bill called the Digital Asset Basic Act aiming to establish a clear framework for the crypto industry. This groundbreaking legislation includes a licensing system for stablecoin issuers and requires them to hold at least 500 million Korean won in owner’s capital. The bill reflects the ruling party’s commitment to building a thriving crypto environment and aligns with President Lee Jae-myung’s vision to support a Korean won-based stablecoin market.

The new proposal builds on the Virtual Asset Investor Protection Act which took effect in July 2024. While that law focused on investor safety this bill targets a broader structure for the issuance trading and regulation of digital assets. It also defines digital assets and calls for the creation of a presidential Digital Asset Committee to oversee the sector.

Other global powers including the United States Hong Kong and the EU have introduced similar stablecoin regulations. Min emphasized South Korea’s ambition to lead in the global digital asset economy.

Bloomberg

Robert Mitchnick Discusses BlackRock’s Bitcoin ETF IBIT Success On Bloomberg

Today, the Head of Digital Assets of BlackRock Robert Mitchnick, at the Bloomberg ETF IQ, talked about what’s really driving the surge in Bitcoin ETFs.

“It’s a lot of things coming together. Out of the gate was retail and investor demand…” said Mitchnick. “Now, more recently, we’ve seen just steady progress of more wealth advisor adoption, more institutional adoption. It’s been a mix of people who it’s the first time that they’ve invested in anything in the crypto space. And then on the other hand, you have lots of people who’ve been invested in Bitcoin for a long time and they’re taking advantage of the ETP wrapper.”

JUST IN: $11.5 trillion…

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KULR Technology Group Announces $300 Million ATM Offering To Invest In Their Bitcoin Treasury

KULR Technology Group, Inc. (NYSE American: KULR) announced it has entered into a Controlled Equity Offering Sales Agreement with Cantor Fitzgerald & Co. and Craig-Hallum Capital Group LLC, enabling the company to sell up to $300 million of its common stock in an at-the-market (ATM) offering to support its Bitcoin treasury reserve.

Under the agreement, Cantor Fitzgerald will act as the sole sales agent, using commercially reasonable efforts to sell shares at market prices. The offering will be made under an existing shelf registration and may occur from time to time based on market conditions and company discretion.

As of June 6, 2025, KULR’s common stock was trading at…

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LATEST: Investment Holding Firm Belgravia Hartford Buys Bitcoin for First Time to Add to Reserves

Belgravia Hartford Capital Inc. (CSE: BLGV) has entered the world of Bitcoin with its first acquisition as part of a strategic shift toward crypto treasury management. The company purchased 4.86 BTC for USD $500,000 at an average price of $102,848 per coin, using funds from a $5 million credit facility secured with Round13 Digital Asset Fund L.P.

CEO Mehdi Azodi said the timing of the purchase reflects confidence in Bitcoin and signals an active summer ahead for Belgravia and the broader crypto market. The company plans to monitor both its holdings and credit facility closely as part of its long-term digital asset approach.

Belgravia also announced a CAD $44.1 million non-capital tax loss following its 2023 filing, which can be used over the next 20 years. The firm is now working with legal and financial advisors to explore options to turn this tax asset into liquidity, supporting its Bitcoin strategy and strengthening the company’s balance sheet.

Source

BlackRock’s IShares Bitcoin Trust Shatters ETF Growth Record, Surpassing $70 Billion In Just 341 Days

BlackRock’s iShares Bitcoin Trust (IBIT) has officially made history. The Bitcoin ETF surged past $70 billion in assets under management (AUM), reaching the milestone in just 341 trading days. This achievement makes IBIT the fastest ETF to ever hit that threshold. 

To put that into perspective, the previous record-holder—SPDR Gold Shares (GLD)—took 1,691 days to reach the same milestone. “5x faster than the old record held by GLD of 1,691 days,” Bloomberg ETF analyst Eric Balchunas wrote in a post on X. Other ETFs like VOO (1,701 days), IEFA (1,773 days), and IEMG (2,063 days) also lag far behind IBIT’s rapid growth.

The explosive rise in IBIT’s AUM coincides…

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Coinbase says it’s reduced account lockouts by 82%

This is a segment from The Drop newsletter. To read full editions, subscribe.

Coinbase is taking action to reduce the number of users it’s locking out — and says its efforts are paying off.

“Account freezing has been a major issue at Coinbase for longer than is acceptable,” Coinbase CEO Brian Armstrong said. “I could list a bunch of the underlying reasons why it got so bad in the first place, but what’s more important is that we’ve made it a priority to fix, and we have been making good progress.”

Dor Levi, Coinbase VP of Product, explained that he joined Coinbase recently with the goal of getting account-lock numbers down.

“Our restriction experience…

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New York City Won’t Be Issuing BitBonds Any Time Soon

Since 2021, Mayor Eric Adams has been talking about how he’s going to make New York City the center of the crypto industry, though this hasn’t materialized. (Some Bitcoin and crypto companies are based here, but this has little to do with Adams’ efforts — or lack thereof.)

So, when I heard the mayor propose issuing BitBonds in New York City at Bitcoin 2025, I was far from convinced that this would actually happen.

And then when I read a statement from NYC Comptroller Brad Lander on the topic, it became even more clear to me that Adams was merely posturing when it came to BitBonds.

“New York City will not be issuing any bitcoin-backed bonds on my watch,” said…

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