Valid transactions that occurred during the affected blocks were not impacted and remain on the main chain, the Litecoin development team said. Litecoin, a layer-1 proof-of-work (PoW) blockchain network, was hit by a “zero-day” vulnerability on Saturday, which caused a 13-block reorganization of the chain, according to the Litecoin team, while other developers say the bug may have been previously known. The bug caused a denial of service (DoS) attack on mining pools with newly updated software, suppressing their hashing power, according to an update from the Litecoin team. This allowed older nodes to “peg out” coins to decentralized exchanges and cross-chain swap protocols, resulting in invalid transactions being posted to the network’s MimbleWimble Extension Blocks (MWEB) privacy layer, according to the team. Read more
More than a third of US crypto traders report cutting daily expenses and delaying major purchases as unrealized losses weigh on household finances. The recent crypto market downturn has forced more than one in three crypto traders to cut everyday spending, according to a new survey by CEX.IO. The survey, conducted among 1,100 US-based active CEX.IO users, shows the current market slump is straining household finances, though it remains less severe than 2022, when Bitcoin fell by roughly 75% from its peak. Bitcoin is still about 40% below its October 2025 high, leaving many retail investors sitting on unrealised losses. 36% of respondents said they reduced everyday spending as a direct result of market conditions, with 10% describing those cuts as significant sacrifices made to maintain their positions. 37% also reported delaying or cancelling purchases due to crypto losses, including 21% who postponed major financial commitments such as buying a home, car or undertaking renovations. Read more
The Ethereum Foundation unstaked over 17,000 ETH worth $40M shortly after approaching its 70,000 ETH staking target. The Ethereum Foundation has moved to unwind part of its staking position shortly after nearing its stated goal of 70,000 staked ETH. On Saturday, the Ethereum Foundation unstaked 17,035.326 ETH, worth roughly $40 million, according to Arkham data. The move involved depositing wrapped staked ETH (wstETH) into Lido’s unstETH contract, with ETH expected to be returned once the withdrawal queue completes. In Ethereum, unstaking is the process of withdrawing ETH that was previously locked to help secure the network through validators. When ETH is staked, it’s deposited into the Ethereum Beacon Chain, where it remains locked while earning rewards. To unstake, a withdrawal request is initiated, and the funds enter a queue period after which the funds are released. Read more