Bitfinity Weekly: Block by Block

Welcome to Issue #165 of Bitfinity Weekly for our #BITFINIANS community. If this newsletter was forwarded to you, sign up here.

What's in Today's Email?

• Bitcoin Bytes
• Global Crypto News
• In the IC
• Tweet of the Week
• Infographic Insights
• Meme Time
• A Matter of Opinion

Bitcoin Bytes

• Wrench Warfare : Crypto users now face a heightened physical security threat: “wrench attacks”—violent coercion to surrender private keys—are on the rise, fueled in part by massive data breaches leaking millions of user identities from centralized platforms.
• Satoshi vs Qubits : Experts warn that as quantum computers evolve, they could eventually compromise Bitcoin's cryptographic safeguards—particularly older wallet formats—possibly by 2037.
• Ordinals Culture Clash : Bitcoin inscription activity and high-profile Ordinals transactions continued to surface as a cultural and technical conversation this week — notably, high-visibility inscriptions and community threads debating how inscriptions shape on-chain behavior. Expect the Ordinals debate to remain as much about culture and tooling as about raw on-chain numbers.

Global Crypto News

• Crypto Clarity : The White House released its comprehensive “Strengthening American Leadership in Digital Financial Technology” report, calling for a shift away from “regulation by enforcement” and toward clearer oversight, especially targeting illicit actors in digital assets.
• Crypto Retirement Access : On August 7, an executive order authorized the inclusion of cryptocurrencies—alongside assets like real estate and private equity—in 401(k) pensions, opening new doors for long-term crypto exposure.
• MiCA Micromanagement : European authorities moved forward with technical drafts and supervisory guidelines that flesh out how crypto-asset exposures and market abuse rules will be treated under MiCA and related frameworks — a clear sign regulators are shifting from high-level rules to operational details.

In the IC

• Speed vs Adoption : A blockchain performance report on August 6 found that ICP (Internet Computer Protocol) delivers speeds of around 3,700 TPS, placing it among the fastest networks. While active user numbers are still developing, the data underscores the network’s strong technical capabilities and potential for broader adoption over time.
• Bitcoin Bridge : DFINITY announced enhanced interoperability with Bitcoin on August 9, a development that sparked renewed interest and led to a modest 4–5% uptick in ICP activity.

Tweet of the Week

Infographic Insights

Meme Time

How proud you feel when you use a chain that has 1k+ TPS.

A Matter of Opinion

This week’s news shows how crypto is shaped by safety, rules, and real-world use. Wrench attacks remind us that protecting digital money isn’t just about passwords — it’s also about personal safety. Quantum computing may still be years away, but experts say it’s wise to start preparing for stronger security now.

In policy, the U.S. and Europe are moving from broad statements to detailed rules. Clear rules can help people understand the system better, but too much complexity can slow innovation.

On the Internet Computer, speed is impressive, but speed alone doesn’t bring more people in. The new Bitcoin bridge could help by connecting more tools and services — but its real value will depend on whether people find it useful in everyday life.

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