Crypto
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Ethereum scaling ecosystem’s combined TPS hits new all-time high
Over 41% of those transactions took place on Xai, a new Ethereum layer-3 scaling solution focused on gaming applications. Source link
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Stablecoins would help US keep up with China: Former House speaker
The need for the U.S to implement dollar-backed stablecoins “couldn’t be timelier” as China continues to come up with its own solutions, former House speaker Paul D. Ryan stressed. Source link
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Solana sandwich bot makes $30M from MEV arbitrage in 2 months
MRGN Research’s Ben Coverston says the Solana-based MEV bot has made an active effort to date to keep a low profile. Source link
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SEC shoots down Ripple’s argument for a lower penalty
The SEC argued Ripple’s proposed lower civil penalty wouldn’t be enough, and there’s no comparison to its settlement with Terraform Labs. Source link
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Gary Gensler could ‘literally cost Joe Biden the election’ — Mark Cuban
The billionaire investor also intimated that any political aspirations Gensler had would amount to nothing due to the SEC chairman’s stance against cryptocurrency Source link
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Bitcoin uses more renewable energy, but will Tesla accept it again?
Tesla removed Bitcoin payments citing environmental concerns, but Elon Musk pledged to reinstate them if renewable energy use on the network increased. Source link
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Crypto startup funding eclipses $100B
The $100 billion mark took just 10 years with the bulk raised since the COVID-19 pandemic. Source link
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Ethereum’s Pectra upgrade: Key risks identified in Report
According to a new report by Liquid Collective and Obol, Ethereum’s Pectra upgrade in 2025 poses significant risks, including concerns over client, operator, and cloud diversity. Source link
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ETH, TON, UNI, and XMR could rally if Bitcoin clears $68,000
Bitcoin price needs to rise above $68,000 to sustain buying in ETH, TON, UNI, and XMR. Source link
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Europe’s crypto industry can ‘sleep better at night’ with new parliament
The European elections have formed a new EU Parliament that will rule for the next five years. Source link
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