Sharplink CEO Joseph Chalom opposed a draft Ethereum improvement proposal, EIP-8363, that would gradually burn validator rewards to cap the amount of staked ether, The Block reported on Thursday. Chalom wrote on X that the draft could shake decentralised finance and erase a key ETH strength compared with bitcoin. The proposal would raise the share of burned consensus-layer rewards as staking rises, reaching a 100 percent burn rate when about 50 percent of ETH supply is staked.

A low-entropy vulnerability in the Coldcard hardware wallet has prompted bitcoin users to recheck how they generate seed phrases. Community focus has shifted toward physical entropy methods such as rolling dice rather than relying on device-based random number generators. After July 30, theft cases were publicly confirmed, with attackers brute-forcing private keys and stealing more than $100 million in BTC. Users are revisiting “don’t trust, verify” and exploring multiple offline methods to generate and cross-check BIP-39 seeds.