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What is a gas fee, and why is most of it destroyed rather than paid to anyone?

Gas measures computational effort, not money. Since EIP-1559 the fee splits in two, and the larger part, the base fee, is burned out of existence rather than handed to a validator.

8 min read
Learn

What is a blockchain? NIST says tamper evident, not immutable

A blockchain is a shared ledger of transactions grouped into blocks, each one cryptographically linked to the block before it. NIST's own report deliberately dropped the word immutable, and the reason it did is the most useful thing to understand about how these systems work.

8 min read
DeFi & protocols

Hackers hijack a dozen DeFi websites via Name.com domains

Attackers hijacked the domains of about a dozen DeFi sites registered with Name.com late on October 30, pointing visitors to fake pages that drained their wallets. No smart contract was breached. Early estimates of the theft run from about $138,000 to $202,386.

5 min read
Regulation & policy

Crypto tax in the UAE: what individuals and businesses owe

The UAE has no personal income tax or capital gains tax, so individuals pay nothing on crypto profits. A 2024 decision also removed VAT from virtual asset transfers. Tax still applies once trading becomes a business.

7 min read
Markets

What is open interest in crypto? What rising and falling OI mean

Open interest tracks how many futures contracts are still live, not how many changed hands. It tells you whether money is flowing into a market or leaving it. Here is how to read it, with a dated example, and why it never says which way price will go.

6 min read
Business

Strategy posts record $20.9 billion profit as CFO Andrew Kang resigns

Strategy's third-quarter operating profit hit a record $20.9 billion, almost all of it an accounting gain on its 848,517 bitcoin. On the same day, the company said chief financial officer Andrew Kang will resign for personal reasons, effective November 5.

5 min read

More top stories

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  1. Learn

    Is XRP a stablecoin? No, XRP floats while RLUSD is pegged

    5 min read
  2. Business

    Chainalysis ties 89% of 2026 crypto hack losses to North Korea

    5 min read
  3. Learn

    How to buy Bitcoin in the UAE: the steps and the rules in 2026

    8 min read
  4. Markets

    Bitcoin ETFs shed $643 million in largest daily outflow since June

    5 min read

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  • The week’s essential stories, explained in plain English
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Learn / explainers

All news →
  1. Learn

    What is a gas fee, and why is most of it destroyed rather than paid to anyone?

    8 min read
  2. Learn

    What is a blockchain? NIST says tamper evident, not immutable

    8 min read
  3. Learn

    Is XRP a stablecoin? No, XRP floats while RLUSD is pegged

    5 min read
  4. Learn

    How to buy Bitcoin in the UAE: the steps and the rules in 2026

    8 min read

Bitcoin

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Can quantum computers break Bitcoin? What the math says

A powerful enough quantum computer could forge Bitcoin signatures in theory. No such machine exists, and the distance between today's 105-qubit chips and the millions an attack would need is still vast. Here is what is real, what is years away, and what Bitcoin is already doing about it.

6 min read

Keystone says website breach exposed customer names and addresses

A breach of Keystone's website exposed customer names, shipping addresses and order details, the hardware wallet maker said. It confirmed the theft on October 23 and said recovery phrases and private keys were safe, but the leaked contact data still opens the door to phishing and worse.

4 min read

Business

View all

Strategy posts record $20.9 billion profit as CFO Andrew Kang resigns

Strategy's third-quarter operating profit hit a record $20.9 billion, almost all of it an accounting gain on its 848,517 bitcoin. On the same day, the company said chief financial officer Andrew Kang will resign for personal reasons, effective November 5.

5 min read

Chainalysis ties 89% of 2026 crypto hack losses to North Korea

Blockchain analytics firm Chainalysis says suspected North Korea-linked hackers were behind nearly 89% of reported crypto hack losses in 2026, a share driven mostly by the $6.4 billion Binance breach it blames on a group called TraderTraitor.

5 min read

DeFi & protocols

View all

Hackers hijack a dozen DeFi websites via Name.com domains

Attackers hijacked the domains of about a dozen DeFi sites registered with Name.com late on October 30, pointing visitors to fake pages that drained their wallets. No smart contract was breached. Early estimates of the theft run from about $138,000 to $202,386.

5 min read

Initia halts its blockchain after a mint bug bridges out $2.7 million

A minting bug on the Initia blockchain let an attacker create unbacked tokens and move about $2.7 million to Ethereum before the network was stopped. A day later the chain and its rollups stayed offline, with no restart date and no final loss figure.

4 min read

Ethereum draft aims to cut transaction finality to four minutes

Five Ethereum researchers filed a draft consensus design on October 21 that aims to cut the time a transaction takes to become final, from about 16 minutes to roughly four. The proposal, EIP-8453, is only seeking a number to enter the formal upgrade process.

4 min read

Markets

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What is open interest in crypto? What rising and falling OI mean

Open interest tracks how many futures contracts are still live, not how many changed hands. It tells you whether money is flowing into a market or leaving it. Here is how to read it, with a dated example, and why it never says which way price will go.

6 min read

Why does crypto go down? The recurring reasons prices fall

Crypto sell-offs look chaotic, but most trace back to the same handful of causes. Leverage that unwinds fast, a shift in interest-rate bets, money leaving spot ETFs, and the mood across riskier assets. Here is how each one pushes prices lower, with real examples.

8 min read