‘Ethereum is scaling’ — ETH maxis cheer as TPS hits record 24K with Lighter
The Ethereum ecosystem has just posted a new record high in transactions per second, with high-speed Ethereum layer 2 Lighter now being factored into the count. Data from Growthepie shows that within the last 24 hours, there was one point where 24,192 transactions processed in a single second — the highest on record. It came
Rural Texas community fails plan to become a city to curb BTC miner noise
Residents of a small area in Hood County have attempted to form a municipality to exercise authority over a Bitcoin mining site they claim is generating excessive noise. Residents living in a small area of Hood County, Texas, have failed in their bid to become a new municipality in an attempt to regulate noise from
Sequans shares drop 16% after selling 970 Bitcoin to cut debt
Sequans shares fell 16% on Tuesday after the chip maker said it sold 970 Bitcoin to redeem half of its $189 million outstanding convertible debt. Shares in Sequans dropped by over 16% after selling 30% of its Bitcoin (BTC) to redeem half of its convertible debt, a move the semiconductor company described as a “strategic
Revolut rolls out 1:1 USD-to-stablecoin swaps as fintechs warm to crypto
Neobank Revolut has introduced a 1:1 conversion between USD and stablecoins, allowing its 65 million users to exchange up to $578,630 every 30 rolling days without incurring fees or spreads. “Today marks the day we remove all anxiety and friction of moving between fiat and crypto,” Revolut’s head of product in crypto, Leonid Bashlykov, posted
Coinbase CEO’s bizarre final words on Q3 call just paid off a lucky few
Coinbase boss Brian Armstrong shook up two prediction markets in the final seconds of Thursday’s third-quarter earnings call by dropping a list of crypto buzzwords that Kalshi and Polymarket users bet would be mentioned in the call, resolving all markets to a “yes.” Several Kalshi and Polymarket users were ecstatic that their bets paid off
Ondo tokenizes over 100 US stocks and ETFs on BNB Chain
More than 3.4 million daily users of BNB Chain now have access to over 100 tokenized stocks and ETFs on Wall Street after the latest move from Ondo Global Markets. Real-world asset tokenization platform Ondo Global Markets has expanded its tokenized product offerings to BNB Chain, enabling access to more than 100 Wall Street stocks
Bitchat hits No. 2 on app charts in Jamaica as Hurricane Melissa strikes
Downloads for decentralized messaging app Bitchat has surged in Jamaica as 185-mile-per-hour winds batter the Caribbean, cutting off communication. Jamaicans have rushed to download Jack Dorsey’s decentralized peer-to-peer messaging app Bitchat as the fatal Hurricane Melissa continues to rip through the Caribbean. Bitchat — which uses Bluetooth mesh networks for internet-free, encrypted communication — is
Coinbase’s x402 transactions explode over 10,000% in a month
Coinbase’s x402 protocol, which enables AI agents to transact autonomously over the internet, has seen a 10,000% rise in transaction activity over a month. An online payments protocol introduced by Coinbase in May that enables AI agents to transact in stablecoins over the internet has seen more than a 10,000% increase in transaction activity over
Kyrgyzstan launches stablecoin on BNB Chain, confirms future CBDC rollout
Kyrgyzstan has rolled out a new stablecoin pegged 1:1 to the Kyrgyzstani som, while confirming plans to issue a central bank digital currency and explore a digital asset reserve. The KGST stablecoin will run on the BNB Chain, and BNB (BNB) would be included in the crypto reserve if launched, according to former Binance CEO
Bank of England probes data-mining lending strategies fueling AI bets
The Bank of England is worried that a rise in financiers’ lending to data center lending may cause an AI bubble reminiscent of the dot-com crash in the early 2000s. The Bank of England is investigating the rise of financiers lending to data centers as a way to speculate on the future of AI, Bloomberg