Satoshi⚡️CORE 🔶⛓️

We’re aware of the exploit affecting b14g, a restaking and yield protocol on Core and Babylon, and we’re working closely with their team. The Core network is secure. Core’s consensus, validators and staking contracts operated normally throughout, and CORE staked directly with validators or through other protocols is unaffected. We’re supporting b14g and exchange partners to trace and freeze the funds. Most of the stolen CORE remains on Core, and exchanges are freezing deposits linked to the attacker. We’ll share updates as we have them.

Core is entering its next phase of decentralization. Since the DAO began handing over its block-production role to independent validators, the network has run with zero downtime throughout the transition. Decentralization has guided Core since its first block. Each handoff of DAO initiatives to independent community operators builds on that foundation. Now, the community will continue taking on a greater share of stewardship across Core, from ecosystem building and growth initiatives to the decisions that shape its direction. As part of this transition, initial contributors like Rich Rines and Brendon Sedo are stepping out of their roles in the DAO. A network owned and led by its community is built to last. In the months ahead, more independent operators, more community-led projects, and more Coretoshi voices will shape where Core goes next. Thank you to every validator, builder, and Coretoshi continuing to carry Core forward. Bitcoin's full potential remains untapped. Core will keep pushing that frontier forward, in service of decentralization, self-sovereignty, and freedom.

Core is taking another step towards decentralization. Since 2023, DAO-operated validators have helped keep blocks flowing as independent operators joined and strengthened the network. Together, these validators have supported years of uninterrupted block production. Over the coming months, the DAO will fulfill its long-term plan and begin the process of gradually handing over its remaining block-production role to independent validators, building on the work these operators already do to keep Core running. This transition marks a new chapter for Core, with independent operators powering the network. Thank you to every validator and Coretoshi who has helped move Core forward.

Stake CORE, secure Core, get paid in CORE. CORE holders delegate to validators. Their stake elects the validators that produce blocks. Every block pays out newly minted CORE. Rewards land daily. Delegations can be moved anytime. stake.coredao.org

Core's tripartite consensus means more decentralization, greater security, and unmatched alignment with Bitcoin.

Every day, CORE and BTC holders stake to secure Core. Having multiple staked assets serves to decentralize consensus and harden the network.

Speedy rails. Low fees. CORE and BTC payments, lending, collateral, yield. Faster, cheaper, better on Core.

Trustless. Self-custodied. Multiplied. Dual Staking Bitcoin and CORE earns higher rewards while contributing to the security of the Core network.

Three inputs secure Core: → Bitcoin miners delegate hash power from the blocks they already mine. → Bitcoin holders stake BTC without giving up custody. → CORE holders stake CORE.

The v1.0.26 hardfork is now live on Core mainnet and the reward issuance issue is resolved. The upgrade closed the vulnerability and burned 150M+ CORE of excess issuance, removing it from supply permanently. No transactions were rolled back and no user funds were lost. We expect staking rewards to return to normal within 48 hours. A full post-mortem will follow.

Update: the issue is contained and the malicious validators can no longer draw excess rewards. We're now coordinating an emergency hardfork with validators to deploy the permanent fix. This is a forward upgrade, not a rollback. Assets remain safe. Full post-mortem to follow.

Core Network — Status Update We're aware of an issue causing a small number of validators to accrue block rewards above the protocol's intended issuance. The root cause is identified and mitigations are in progress. User assets are safe. This affects reward issuance only, not the network's security or the custody of any funds. Full post-mortem to follow once contained.

Bitcoin is the asset. Core is where it goes to work. Payments, lending, collateral, yield. Builders plug into the Bitcoin Power Grid and ship products with real users.

There will only ever be 2.1 billion CORE tokens.

Core powers Bitcoin yield and the products built on it. CORE is the centerpiece where value flows and compounds.

Core is the infrastructure Bitcoin products plug into. Payments, lending, collateral, yield. CORE will continue to grow based on Bitcoin utility.

Real usage means real value for Coretoshis.

🟧 Bitcoin holds the energy. 🔶 Core harnesses and directs it.

Bitcoin products need to plug in to Core for yield, collateral, payments, and speed. The Bitcoin Power Grid 🔶