15 Jul 2025, 12:46

Binance May Support Kaia Network Upgrade and Hard Fork Scheduled for July 2025

Binance has officially confirmed its support for the Kaia Network upgrade and hard fork scheduled for July 17, 2025, ensuring a seamless transition for KAIA token holders. The exchange will

15 Jul 2025, 08:23

Bitcoin Exchange Binance Announces It Will Support This Altcoin's Network Upgrade and Hard Fork! Here Are the Details

Binance announced that it will support the network upgrade and hard fork process that will take place on the Kaia (KAIA) network. Binance Will Support Kaia (KAIA) Network Upgrade and Hard Fork In order to maximize user experience, the exchange will temporarily suspend deposits and withdrawals of tokens on the KAIA network, starting from July 17, 2025, at 03:26 CEST. Upgrade and Hard Fork Details Block height: 190,670,000 Estimated time of occurrence: July 17, 2025, 04:26 CEST Affected network: Kaia (KAIA) Transactions affected: Deposits and withdrawals only Unaffected transactions: Token trading on the KAIA network will continue uninterrupted. Technical Support from Binance Binance will automatically handle all technical requirements on behalf of users. Once the network upgrade is complete and stability is achieved, deposits and withdrawals will reopen without further announcement. Users are advised to refrain from making deposits or withdrawals during the temporary suspension. For updates, please follow Binance's official channels. *This is not investment advice. Continue Reading: Bitcoin Exchange Binance Announces It Will Support This Altcoin's Network Upgrade and Hard Fork! Here Are the Details

15 Jul 2025, 07:29

Binance Supports Kaia Hard Fork with Planned Operational Strategy

Binance suspends Kaia's deposits and withdrawals during a crucial network update. Trading activities remain uninterrupted, ensuring continued market participation. Continue Reading: Binance Supports Kaia Hard Fork with Planned Operational Strategy The post Binance Supports Kaia Hard Fork with Planned Operational Strategy appeared first on COINTURK NEWS .

14 Jul 2025, 16:00

BIP-119: The Revolutionary Bitcoin Improvement Proposal Set to Unleash New Scalability

BitcoinWorld BIP-119: The Revolutionary Bitcoin Improvement Proposal Set to Unleash New Scalability Are you ready for a potential game-changer in the world of Bitcoin? The buzz around BIP-119 , a significant Bitcoin improvement proposal, is growing louder, with whispers suggesting its approval could be just around the corner. This isn’t just another technical update; it’s a potential leap forward for the entire Bitcoin ecosystem, promising enhancements that could redefine how we interact with the king of cryptocurrencies. Steven Roose, CEO of Bitcoin payments firm Second, recently shared with Cointelegraph his optimistic view that this pivotal proposal could gain approval by the end of the year, signaling a major step for the network. What Exactly is BIP-119 and Why Does it Matter for Bitcoin Scalability? At its core, BIP-119 introduces a new Bitcoin scripting method known as OP_CTV (CheckTemplateVerify). But what does that mean for you and the future of Bitcoin? Imagine being able to pre-sign future transactions with specific, unchangeable conditions. This is the fundamental power that CTV brings. It allows for a transaction to be committed to, without revealing the specific details of its execution until a later time, or without requiring further signatures from the original signer once the conditions are met. Think of it like setting up a complex series of financial instructions that will execute automatically once certain triggers are pulled. Steven Roose’s perspective that “BIP-119 could be approved by the end of the year” underscores the growing confidence in its technical merits and the potential for a community consensus. This isn’t just a minor tweak; it’s a foundational change that has profound implications for Bitcoin scalability : Efficient Batching : CTV enables the bundling of multiple transactions into a single on-chain transaction. This means that instead of sending many individual transactions, which consume valuable block space, you can send one large, pre-defined package. This significantly reduces the data footprint on the blockchain, making the network more efficient. Congestion Relief : By allowing for more efficient use of block space, CTV helps alleviate network congestion, especially during periods of high demand. Fewer individual transactions competing for limited block space means a smoother experience for all users and potentially lower fees. Channel Factories : For off-chain solutions, CTV could facilitate the creation of “channel factories.” This innovation would allow many users to open payment channels (like those used in the Lightning Network) with a single on-chain transaction, drastically improving the efficiency and reducing the cost of onboarding to layer-2 solutions. How Will BIP-119 Revolutionize BTC Scripting and Self-Custody? Bitcoin’s scripting language, though intentionally simple, is incredibly powerful. It dictates the rules by which bitcoins can be spent. Currently, certain complex multi-party transactions or time-locked funds often require multiple on-chain transactions or intricate off-chain coordination. This can be cumbersome and less secure. BIP-119 aims to change this by introducing a new opcode that allows for “covenants” – conditions that restrict how bitcoins can be spent in the future. This new capability has transformative implications for BTC scripting and, critically, for how users manage their own funds: Enhanced Self-Custody through Vaulting : One of the most exciting applications of BIP-119 is the creation of highly secure “vaults.” With CTV, users could create a wallet where funds, if moved, must go through a pre-defined time-lock period. This means that if your private keys are compromised, an attacker wouldn’t be able to immediately drain your funds. You would have a window to recover them, significantly enhancing the security of self-custody. This is a monumental step forward for protecting your digital assets. Optimized Inheritance Solutions : For long-term planning, BIP-119 enables simpler and more robust ways to ensure funds can be accessed by heirs under specific, pre-defined conditions, without needing to rely on third-party custodians or complex legal arrangements. This provides peace of mind for Bitcoin holders. Smarter Fee Management : By allowing for predictable transaction paths and pre-agreed conditions, BIP-119 can lead to more predictable fee estimation and potentially lower overall transaction costs for complex setups. When you know the exact structure of future transactions, you can optimize for fees more effectively. Unlocking the Potential of Layer-2 Bitcoin Applications Layer-2 Bitcoin applications, such as the widely used Lightning Network and emerging protocols like Ark, are designed to take transactions off the main blockchain. This dramatically increases transaction speed and reduces costs, making Bitcoin viable for micro-payments and daily use. BIP-119 is poised to supercharge these solutions: Lightning Network Improvements : CTV simplifies the opening and closing of payment channels, potentially making it easier and cheaper for more users to onboard to Lightning. Crucially, it could enable “non-custodial channel factories,” a significant step for decentralization and user sovereignty within the Lightning ecosystem. Ark Protocol Enhancement : Ark, a proposed privacy-enhancing protocol for Bitcoin, benefits immensely from CTV. It allows for more private and efficient batch payments, addressing some of the privacy concerns inherent in current transaction models. Generalized Smart Contracts (within Bitcoin’s design) : While Bitcoin’s scripting is intentionally more limited than platforms like Ethereum, CTV opens doors for more complex, yet secure, applications built directly on Bitcoin’s foundational security principles. This could lead to more sophisticated trust-minimized lending, escrow services, or automated financial agreements that operate with greater efficiency and security. To illustrate the potential impact, consider this comparison: Feature Current Layer-2 Limitations BIP-119’s Potential Impact Channel Opening Often requires individual on-chain transactions, can be costly and slow. Enables “channel factories” for batch opening, significantly reducing costs and friction for many users. Privacy (e.g., Ark) Privacy improvements are ongoing, but complex multi-party transactions can reveal links. Facilitates “blinded paths” and improved batching for enhanced privacy in multi-user transactions. Self-Custody Security Requires diligent key management; recovery from compromise is challenging. Introduces secure vaulting and inheritance mechanisms directly on-chain, offering a safety net. Fee Predictability Variable fees for on-chain interactions can make budgeting difficult. More predictable fee management for predefined, complex transaction flows. The Road Ahead: Navigating the Bitcoin Improvement Proposal Approval Process The path to integrating any Bitcoin improvement proposal (BIP) into the network is rigorous and deliberately decentralized. It requires broad community consensus, reflecting Bitcoin’s ethos of distributed governance. Unlike corporate updates, changes to Bitcoin’s core protocol are a collaborative effort involving developers, miners, node operators, and the wider community. The approval process typically involves: Proposal and Discussion : A BIP is formally proposed and undergoes extensive technical review and discussion on mailing lists and forums. Implementation and Testing : Developers implement the changes, and the code undergoes thorough testing to ensure stability and security. Community Signaling and Activation : If there’s sufficient consensus, the proposal might be activated via a soft fork. Methods like Speedy Trial (used for Taproot) allow miners to signal their readiness, and once a certain threshold is met, the new rules activate. The challenges for BIP-119, like any significant proposal, include navigating diverse opinions within the community, ensuring robust testing, and achieving the necessary developer and miner buy-in. Steven Roose’s optimistic outlook for year-end approval reflects not just the technical strength of BIP-119 but also the positive momentum in community discussions and a growing understanding of its benefits. This timeline, while ambitious, signals strong confidence in the proposal’s ability to garner the necessary support. Why BIP-119 is a Game-Changer for Bitcoin: Key Benefits The potential integration of BIP-119 into the Bitcoin protocol represents a significant leap forward across multiple fronts. Here’s a quick summary of the key advantages it promises: Enhanced Bitcoin Scalability : By enabling more efficient transaction batching and channel factories, BIP-119 can significantly increase Bitcoin’s transaction throughput and alleviate network congestion, making the network more responsive and cost-effective. Revolutionary BTC Scripting Capabilities : The introduction of covenants opens up new possibilities for programmatic control over Bitcoin funds, allowing for more complex and secure financial instruments to be built directly on the blockchain. Superior Self-Custody Security : The ability to create secure vaults with time-locked recovery mechanisms offers an unprecedented layer of protection for users managing their own Bitcoin, mitigating risks from key compromise. Optimized Fee Management : With predictable transaction paths, users can better anticipate and potentially reduce fees for complex multi-step transactions, leading to more efficient use of network resources. Smarter Layer-2 Bitcoin Applications : BIP-119 provides crucial infrastructure improvements that will make off-chain solutions like Lightning and Ark more efficient, private, and accessible, fostering a richer ecosystem of fast and cheap Bitcoin transactions. Actionable Insights for Bitcoin Enthusiasts As the Bitcoin community moves closer to a decision on BIP-119, staying informed is key. Here’s how you can engage and prepare: Educate Yourself Further : Dive deeper into the technical specifications of BIP-119 (OP_CTV) to truly grasp its implications. Resources are available from Bitcoin Core developers, specialized technical blogs, and community forums. Understanding the mechanics will allow you to appreciate its transformative potential. Follow the Discussion : Keep a close eye on Bitcoin developer mailing lists, Twitter discussions from prominent figures, and specialized cryptocurrency news outlets for updates on the approval process, community sentiment, and any new developments regarding its activation. Understand the Benefits for Your Use Case : Consider how these improvements could impact your own use of Bitcoin. If you’re concerned about self-custody, the vaulting features might be particularly appealing. If you use Lightning, the efficiency gains could be significant. Conclusion The potential approval of BIP-119 by year-end marks a truly exciting chapter in Bitcoin’s ongoing evolution. Far from being a mere technical tweak, this Bitcoin improvement proposal stands to unlock profound advancements in Bitcoin scalability , revolutionize BTC scripting , and supercharge Layer-2 Bitcoin applications. From bolstering self-custody security with innovative vaulting solutions to enabling more efficient and private off-chain transactions, BIP-119 promises a more robust, versatile, and user-friendly Bitcoin experience. As the community moves closer to a decision, the anticipation builds for what could be a pivotal moment, cementing Bitcoin’s position as a truly adaptive and future-proof digital asset. To learn more about the latest Bitcoin improvement proposals and Bitcoin scalability trends, explore our article on key developments shaping Bitcoin’s future growth. This post BIP-119: The Revolutionary Bitcoin Improvement Proposal Set to Unleash New Scalability first appeared on BitcoinWorld and is written by Editorial Team

14 Jul 2025, 14:30

The Ethereum Foundation Is Rebuilding Its Core with ZK-Proof Technology

The Ethereum Foundation has announced a long-term plan to integrate ZK-proofs directly into Layer 1 The goal is for validators to verify a single proof instead of re-executing all transactions in a block The multi-year plan will begin with optional zk-clients and upgrades in the upcoming Pectra hard fork The Ethereum Foundation has announced a detailed plan to integrate zero-knowledge (zk) technology directly into Ethereum’s Layer 1. This marks a major infrastructure shift aimed at dramatically increasing the network’s scalability and privacy. The project, outlined in a blog post on July 10, proposes fundamental changes to how validators operate and to the Ethereum Virtual Machine (EVM) itself. The end goal is to allow validators to simply verify a single, lightweight zk-proof for each block, instead of having to re-execute all the transactions within it. Yesterday, the Ethereum Foundation (EF) published a blog announcing intent to go all-in on integrating zero-knowledge (zk) into the Ethereum L1: https://t.co/HfhaMZruhV This could be a major upgrade, with massive implications for scalability and privacy. : — Raye Hadi (@rhadiARK) July 11, 2025 The Pl… The post The Ethereum Foundation Is Rebuilding Its Core with ZK-Proof Technology appeared first on Coin Edition .

14 Jul 2025, 13:22

AI sets date when Ethereum will trade at $4,000

Ethereum ( ETH ) is riding a wave of institutional demand and protocol upgrades, with nearly $1 billion in inflows to ETH investment products last week, according to CoinShares . However, technical warning signs and ecosystem concentration are tempering short-term enthusiasm. Accordingly, artificial intelligence ( AI ) predicts that ETH is likely to remain in the neutral-to-bullish phase in the coming months, with a potential for a $4,000 price. Will Ethereum hit $4,000? To see when Ethereum might hit $4,000, Finbold consulted OpenAI’s ChatGPT , which estimated that the number could be reached sometime in early September 2025 in the most bullish scenario . ETH price prediction. Source: ChatGPT and Finbold While Ethereum has certainly gained a lot of momentum, ChatGPT’s prediction hinges on continued institutional inflows and broader macroeconomic developments. That is, the $4,000 mark could become a reality if exchange-traded fund ( ETF ) inflows continue at the current pace of roughly $1 billion per week. Ideal macroeconomic conditions would likewise have to be met, including potential Federal Reserve rate pauses or cuts. A more moderate outlook, therefore, sees the cryptocurrency consolidating in a $3,000–$3,300 range through August before continuing on the upward trend in later months. However, a bearish scenario is always likely as well, and the algorithm predicts the climb could be delayed into early 2026 if renewed inflation concerns or regulatory bottlenecks become an issue. Ethereum price analysis At press time, Ethereum was trading at $3,041.35, up 1.78% in the past 24 hours. ETH 24-hour price chart. Source: Finbold The upward momentum was largely generated by ETFs, which saw roughly $908 million in inflows last week, according to CoinMarketCap . In the meantime, the rally was further supported by Sharplink Gaming’s (NASDASQ: SBET ) $463 million ETH purchase and a growing number of altcoin ETF filings. From a technical standpoint, Ethereum is showing bullish momentum as well, the moving average convergence divergence ( MACD ) confirming a positive crossover and the relative strength index ( RSI ) of 71.54 signaling overbought conditions without yet flashing red. Featured image via Shutterstock The post AI sets date when Ethereum will trade at $4,000 appeared first on Finbold .