Solana triples transaction size as major upgrades meet record network activity
Solana is rolling out some of its most significant performance upgrades as network activity reaches record levels. The blockchain is increasing how much data applications can pack into individual transactions while also shortening the interval between…
Ripple’s university strategy is evolving from blockchain labs to XRP logos in packed stadiums
Ripple is extending XRP’s push into US college sports, adding Louisville to a campaign that has rapidly expanded since July. The crypto company said Monday it struck a partnership with Louisville Athletics that will give XRP prominent exposure around the…
Congress wants to make crypto easier to use and still collect $500 million more in taxes
A House crypto tax overhaul would raise an estimated $500 million while easing taxes on stablecoin payments and small fees. The House Ways and Means Committee is scheduled to consider H.R. 10357, the Digital Asset Tax Certainty Act, on Sept. 16, putting…
Tether, Binance and a $1.5 billion Iran oil network converge in new US forfeiture case
US prosecutors are seeking to seize $61 million in Tether’s USDT tied to alleged black-market Iranian oil sales. On Sept. 14, the US Attorney’s Office for the Southern District of New York filed a civil forfeiture complaint targeting approximately 61.2…
CoinEx quits after 9 years as crypto trading activity concentrates at biggest exchanges
Crypto exchange CoinEx is shutting down after nine years, citing shrinking revenue and rising compliance costs as the reasons the exchange is no longer viable. The centralized crypto platform said Sept. 15 that it will wind down operations in stages,…
7-day blockchain outage wipes out a full week of staking rewards after emergency aelf shutdown
aelf, a blockchain network built around its AELF MainChain and tDVV dAppChain, has restored public node access and several core services after malicious smart-contract activity led to a controlled recovery. The incident halted block production for…
Ethereum builders face a choice between locking up too much cash or relying on trusted brokers
During a Sept. 8–11 Lido discussion, Commit-Boost contributor Jason Vranek pointed out that builders supporting protocol-backed payments deal with costs from idle Ethereum, failed deliveries, and offers they wished to cancel. Those costs could make…
A new XRPL upgrade could concentrate XRP ownership inside banks instead of retail wallets
A proposed XRP Ledger (XRPL) upgrade could let banks and fintechs absorb XRP costs so customers never need to hold the token. The Sponsor amendment, based on the XLS-68 Sponsored Fees and Reserves proposal, would let a company pay account reserves and…
Circle’s Arc launch ties Wall Street firms to the network without making them its safety net
Circle is tying major financial institutions to its Arc blockchain as operators, investors, and future users ahead of its Sept. 16 mainnet launch. BlackRock, DTCC, Visa, Mastercard, and ICE are among 11 outside institutions Circle named as founding…
XRP holders could earn new yield, but getting out may take up to 60 days
Firelight is preparing to turn XRP-linked assets into capital that backs protection for DeFi users, offering holders a new source of yield in exchange for putting their collateral at risk. The Flare-based protocol lets holders deposit FXRP, an XRP-linked…