DeFI News by Thebittimes.Com

The latest chapter in the ongoing Qubic-Monero power struggle has seen a “reorg” of 18 blocks on the Monero network. Qubic’s “selfish mining” tactics allow it to briefly manipulate block production. The latest reorg, which observers claim saw 118 transactions voided, is the largest disruption so far. ️The attack against Monero is back. Hours ago XMR experienced a 18 block reorg If you accept XMR make sure to wait for more than the usual 10 confs pic.twitter.com/793j5WWXgZ — OrangeFren.com (@OrangeFren) September 14, 2025 Read more: ‘Please, do not resist’: Qubic hash grab worries Monero maxis Qubic’s activities have brought the integrity of the Monero network under question, with one commentator identifying the frequency of “orphaned” (abandoned) blocks at nearly 30% over a 24-hour period. Qubic previously claimed to control 51% of the network, though later Analysis concluded that its real hashrate was most li...

The “most scalable blockchain ever” experienced a spike in activity, causing its network to experience delayed settlements. Transaction per second (TPS) speed on The Open Network (TON) fell as the blockchain buckled under increased usage triggered by a surge of TON20 transactions starting on Dec. 5. TON20 is an inscription standard inspired by the Bitcoin Ordinals protocols and launched by the Tonano team. According to developers, TON could not handle the load due to suboptimal hardware employed by some main network validators. TPS on TON crashed from 100,000 to under one, per dTON.io data. These validators rented hardware for low load with no provision for load growth. Since the network had been running low load for the previous months, this was not a problem. As soon as the load increased by 50-100 times in 30 minutes, these validators started to slow down the whole network with them. TON Foundation You might also like: TON locks up 25% of token supply to make tokenom...

A digital wallet system is reshaping the financial landscape by targeting non-tech-savvy users to make Web3 easy for everyone. It can be challenging for newcomers to explore the crypto and Web3 world, and the gap between traditional finance and crypto makes matters worse. This wallet management solution addresses these challenges by simplifying crypto interactions. Web3 can empower communities and individuals through the utilization of blockchain infrastructures and trustless systems. However, this emerging ecosystem presents many challenges due to its complex nature and the division between the Web3 space and traditional financial systems. Key challenges to crypto adoption The decentralization and processes associated with digital currencies can be less familiar to those accustomed to traditional banking, with its concepts and onboarding steps often posing adoption hurdles. This challenge is heightened by the disjointed infrastructure between bank accounts and crypto wallets, resulti...

Alongside the declining trading volumes, the number of Bitcoin Ordinals transactions dropped by 97% to just 20,571 in mid-August. DappRadar has pointed to an “alarming plunge” in Bitcoin Ordinals nonfungible token user activity, with trading volume s tanking around a whopping 98% since May. In an Aug. 17 report, DappRadar highlighted its data showing that the total Bitcoin Ordinals sales volume had decreased from peak levels of $452 million in May to roughly $3 million as of Aug. 14. In line with that drop, the number of transactions also declined by around 97% to 20,571 within that same time-frame. Ordinals trading volume and sales count. Source: DappRadar. DappRadar described it as a grim scenario for the Ordinals market, but did also emphasize that more time is required to determine whether this is a “temporary setback” or something that represents a “systemic problem of Bitcoin-based NFTs.” “This steep decline in both sales volume and count within such a short period is alarmi...