ZEC is the other major gainer today, surging toward $1,200. As with most previous weekends, this one is also quite sluggish for bitcoin, which continues to fight for $80,000 without making any major moves. The same cannot be said for some altcoins, though. ZEC, for example, has skyrocketed by 17% daily, while ARB has…
Ethereum co-founder Vitalik Buterin outlined a longer-term transaction model on Sept. 6 that could allow the network to process some validation work in parallel. Summary Buterin proposed separating transaction actions from dependencies so Ethereum can optimize each component independently later. Dependencies include signatures, state proofs and validity conditions that transactions must satisfy before execution begins….
Although it was stopped at $82,400 earlier this week, BTC at $80,000 is actually a lot better than it should be, at least in theory. Bitcoin tried and failed on several occasions to decisively break above the crucial $80,000 level, but perhaps the more important question is why it hasn’t dumped much further. After…
Offchain Labs co-founder Steven Goldfeder and Solana co-founder Anatoly Yakovenko exchanged competing views on Sept. 6 over why Robinhood built its blockchain using Arbitrum technology instead of operating applications directly on Solana. Summary Offchain Labs co-founder Steven Goldfeder said Robinhood retains roughly 90% of net chain revenue generated. Solana co-founder Anatoly Yakovenko argued Robinhood could…
NFT sales rose 55.6% to approximately $75.54 million over the past seven days, with BNB Chain overtaking Ethereum after recording more than $32.75 million in sales. Summary NFT sales increased 55.6% to $75.54 million, while transactions fell 14.77% to 650,332. Buyer addresses rose 20.38% to 273,655, and seller addresses increased 18.09% to 291,266. Ethereum sales…
XRP’s case is even more interesting than bitcoin’s, it said. The monetary landscape in the United States changed in the past week or so, first after the hawkish stance taken by the current Federal Reserve Chairman, Kevin Warsh, and then following last Friday’s strong US jobs report. As such, the expectations have changed, with…
Poland’s Sejm has fallen 25 votes short of overriding President Karol Nawrocki’s third veto of a crypto regulation bill, with 241 lawmakers supporting the measure against the 266 required. Summary The Sejm voted 241–198 to override Nawrocki’s veto, while three lawmakers abstained. Passing the bill again required a three-fifths majority, or 266 of the 442…
BNB just touched $770 for the first time since early February. Here’s why. Binance Coin is among the top performers in the past 24 hours in the altcoin space, surging by over 6% and further extending its lead above XRP in terms of market cap placement. This impressive rally on a rather dull Saturday…
Robinhood Chain has set a daily fee record of $6.04 million, lifting its seven-day annualized revenue rate to approximately $1.1 billion as memecoin trading and token launches drive network activity. Summary Robinhood Chain generated $6.04 million in fees and retained $5.44 million in daily revenue. Seven-day revenue reached $20.33 million, equal to an annualized rate…
The service operates through its DFSA-regulated DIFC arm and complements the bank’s existing digital asset custody and stablecoin services. Standard Chartered extended its deliverable Bitcoin (BTC) and Ether (ETH) spot trading to institutional clients in the United Arab Emirates on September 3, becoming the first Global Systemically Important Bank (G-SIB) to offer the service…
