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Paul Sztorc, LayerTwo Labs CEO and longtime Bitcoin developer, is planning an August 2026 Bitcoin hard fork called eCash, targeted around Bitcoin block 964,000. His April 24 announcement described a new chain that would copy Bitcoin history, give holders 1 eCash for every 1 BTC at the split, and launch with a Bitcoin-Core-like base layer […] The post Top Bitcoin dev is launching a new BTC fork giving holders new eCash, but claiming it may be a real risk appeared first on CryptoSlate.

The hard fork will introduce a new, competing layer-1 blockchain and seven layer-2 scaling networks, according to Sztorc's announcement. Bitcoin developer Paul Sztorc announced on Friday that a new hard fork of the Bitcoin network called eCash will be deployed in August. Bitcoin holders will be able to exchange their BTC for eCash at a 1:1 ratio once the hard fork is live, Sztorc said in an X post. He added that the layer-1 node software for the chain will be a “near-copy” of the BTC Core client software and will use the SHA-256 hashing algorithm used by the Bitcoin blockchain, with a reduced initial mining difficulty to make it easier for participants to mine blocks. Source: Paul Sztorc Read more

Grayscale has issued the first staking-reward cash distribution from a U.S.-listed, spot crypto ETP. ETHE has paid $0.083178 per share, about $9.4M total, for rewards earned Oct. 6-Dec. 31, 2025. Grayscale has sold accrued ETH rewards so the fund’s Ether holdings stay intact. The post Grayscale Issues First US Ethereum ETF Staking Payout – $9.4M Cash, Yield War Next? appeared first on Cryptonews.

Cash App on Thursday launched a major update adding Bitcoin Lightning payments and stablecoin transfers, aiming to make digital money easier to use. The post Jack Dorsey Brings Bitcoin Lightning and Stablecoin Payments to Cash App appeared first on Cryptonews.

Reports suggested that the feature unlocked by the financial transaction app could roll out in early 2026. Jack Dorsey’s Block announced that users will soon be able to send and receive stablecoins through its mobile platform Cash App. In a Thursday notice, Cash App announced plans to release several features for crypto and blockchain users, including the ability to spend Bitcoin (BTC), convert fiat into BTC payments and send and receive stablecoins. Fortune reported that the features could be implemented on the app in early 2026. “Soon, millions of Cash App customers will be able to make fast, low-cost payments even if they don’t hold Bitcoin,” said the notice. Read more

Criminal hackers exploited a critical vulnerability in Brazil's banking infrastructure, stealing over $180 million from reserve accounts in the country's largest cyberattack, with stolen funds immediately routed through cryptocurrency exchanges to convert into Bitcoin and USDT. The post Hackers Steal $180M from Brazilian Banking System in Largest-Ever Attack, Cash Out via Bitcoin and USDT appeared first on Cryptonews.