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bitcoinist.com Solana Client Agave Smashes 1.1 Million TPS, Matching Firedancer’s Record

Solana’s Rust validator client Agave has matched Firedancer’s lab record, briefly peaking at 1.1 million transactions per second in a synthetic, single-node benchmark. The result was disclosed by Solana core engineer Andrew Fitzgerald, who wrote: “Hit a burst of 1.1m TPS on agave this morning. Single-node synthetic test with simple transfers. On a branch with […]

blockonomi.com Investors End Class Action Against Strategy Over Bitcoin Rules

TLDR Investors in Strategy Inc. have voluntarily ended their class action lawsuit over Bitcoin accounting misrepresentation. The lawsuit claimed that Strategy misled shareholders about the impact of new cryptocurrency accounting rules. The court dismissed the claims with prejudice, preventing the same lawsuit from being filed again. Other shareholders still have the option to pursue future [...] The post Investors End Class Action Against Strategy Over Bitcoin Rules appeared first on Blockonomi.

news.bitcoin.com Bitcoin ETFs Secure $179 Million Inflow as Ether ETFs Streak Hits Day 6

Bitcoin exchange-traded funds (ETFs) recorded their fourth consecutive day of inflows, adding $179 million, led solely by ARKB and IBIT. Ether ETFs also hit a sixth day of inflows, although inflows were modest at $36 million. Sustained ETFs Demand Evident in Consecutive Inflows for Bitcoin and Ether Bitcoin ETFs continued their upward recovery, marking their […]

blockonomi.com Grayscale Files for Polkadot and Cardano ETFs After 19b-4 Moves

TLDR Grayscale has filed registration statements with the SEC for Polkadot and Cardano ETFs. The Polkadot ETF will trade on Nasdaq under the ticker DOT, tracking the CoinDesk DOT CCIXber Reference Rate. The Cardano ETF will list on NYSE Arca under the ticker GADA, following the CoinDesk Cardano Price Index. Both ETFs will hold the [...] The post Grayscale Files for Polkadot and Cardano ETFs After 19b-4 Moves appeared first on Blockonomi.

blockonomi.com Gumi Unveils Massive XRP Treasury to Fuel Blockchain Expansion

TLDR Gumi has launched a 2.5 billion yen ($17 million) XRP treasury to expand its blockchain operations. The company aims to strengthen its role in cross-border payments and international remittance systems. Gumi’s XRP acquisition is part of a broader strategy to enhance blockchain-related financial services. The company also acquired 1 billion yen worth of Bitcoin [...] The post Gumi Unveils Massive XRP Treasury to Fuel Blockchain Expansion appeared first on Blockonomi.

bitcoinist.com You Know Bitmine Has Been Buying Ethereum, But Can You Believe How Much ETH The Company Now Holds?

Ethereum’s price action has witnessed surprise bullish upside in the past months and has outperformed Bitcoin in recent weeks. Behind the scenes, the leading altcoin has also witnessed a buyer unlike any other this year, and that buyer is BitMine. The publicly traded firm has gone on an unprecedented spending spree, scooping up Ethereum at […]

blockonomi.com CoinShares Eyes Major U.S. Crypto Move with Valkyrie Deal

TLDR CoinShares has announced its intention to potentially acquire Valkyrie Funds to enter the U.S. crypto ETF market. The deal includes an exclusive option to acquire Valkyrie Funds and a brand licensing agreement for the Valkyrie Bitcoin Fund. CoinShares CEO Jean-Marie Mognetti sees the acquisition as an opportunity to expand its digital asset management expertise [...] The post CoinShares Eyes Major U.S. Crypto Move with Valkyrie Deal appeared first on Blockonomi.

blockonomi.com Ripple’s RLUSD Gains Traction as China Eyes Stablecoin Revolution

TLDR China’s National Petroleum Corporation is exploring stablecoins for cross-border payments through its state-backed enterprises. PetroChina is monitoring Hong Kong’s stablecoin regulatory framework for potential use in international settlements. A stablecoin exchange system in Shenzhen has processed over 100,000 transactions daily, facilitating Hong Kong dollar and digital yuan swaps. China is considering the introduction of [...] The post Ripple’s RLUSD Gains Traction as China Eyes Stablecoin Revolution appeared first on Blockonomi.

blockonomi.com Valour’s New Shiba Inu ETP Brings Regulated Crypto Exposure to Europe

TLDR Valour has launched a SEK-denominated Shiba Inu ETP on Sweden’s Spotlight Stock Market. The new ETP allows European investors, particularly from the Nordic region, to access Shiba Inu through traditional brokerage accounts. Investors can gain exposure to Shiba Inu without the need for crypto exchanges or storage solutions. The SHIB ETP mirrors the price [...] The post Valour’s New Shiba Inu ETP Brings Regulated Crypto Exposure to Europe appeared first on Blockonomi.

bitcoinist.com Crypto Cast As The Villain, But Banks Quietly Move Billions In Suspect Funds

FinCEN on Thursday put banks and other financial firms on notice about a sprawling set of Chinese crypto and money laundering networks, saying they play a major role in moving illicit funds tied to Mexico-based drug cartels and other crimes. Related Reading: Insider Trading Suspicions Mount As Crypto Treasuries Balloon – Report According to the […]

news.bitcoin.com Long-Silent Whale Resurfaces, Fueling Bitcoin and Ethereum Shockwaves

On Friday, several onchain analysts observed that a major player with long-dormant bitcoin wallets began shifting funds. Some suggested the whale might be channeling assets toward Hyperunit and exchanging BTC for ETH. Dormant Bitcoin Beast Unleashes Billions Just last week, a whale drained a bitcoin wallet holding 24,000 BTC, and on Friday afternoon, onchain analyst […]

blockonomi.com Ethereum Foundation Pauses Grants to Refocus on Strategic Goals

TLDR The Ethereum Foundation has temporarily paused open grant applications to realign its Ecosystem Support Program with strategic priorities. The foundation aims to move from a reactive model to a proactive one, supporting long-term goals for the Ethereum ecosystem. In 2024, the Ethereum Foundation awarded $3M to 105 projects that focused on developer tools, research, [...] The post Ethereum Foundation Pauses Grants to Refocus on Strategic Goals appeared first on Blockonomi.

blockonomi.com Looking For The Best Crypto to Buy Now? This is Your Guide For The Best Memecoin Investment in 2025

Is the market ready to name a new leader among meme coins as whales hunt the best crypto to buy and the next millionaire coin? Dogecoin logged a 23% weekly jump near $0.23, with over $200 million from whales proving meme coins still move. Yet DOGE sits below its 2021 peak, so focus shifts to [...] The post Looking For The Best Crypto to Buy Now? This is Your Guide For The Best Memecoin Investment in 2025 appeared first on Blockonomi.

blockonomi.com Tether Abandons Freeze: What “Unsupported” Status Means for Legacy USDT

TLDR Tether has decided to categorize USDT on legacy blockchains as “unsupported” instead of freezing them. Users can still transfer USDT tokens between wallets, but the assets will no longer have official backing. Tether’s decision follows significant feedback from users and developers on networks like EOS and Algorand. The company plans to focus on higher-traffic, [...] The post Tether Abandons Freeze: What “Unsupported” Status Means for Legacy USDT appeared first on Blockonomi.

ambcrypto.com U.S government taps blockchain - Here's why PYTH's price rallied and LINK's didn't!

Key Takeaways Open Interest behind PYTH surged by 472% in the last 24 hours. On the other hand, Chainlink's OI fell by 5.2%, proving that both oracle tokens reacted differently to a certain update. The post U.S government taps blockchain - Here's why PYTH's price rallied and LINK's didn't! appeared first on AMBCrypto.

blockonomi.com Ethereum Hits Record High, Why Pairing ETH With Pepeto Could Be the Best Crypto Strategy for 2025

Every cycle has its clear winners, and this time two names are starting to dominate investor conversations. Ethereum has just broken a fresh all-time high above $4,900, showing strength from ETF inflows and heavy network use.  At the same moment, Pepeto, a new Ethereum-based memecoin in presale at only $0.000000149, has raised more than $6.5 [...] The post Ethereum Hits Record High, Why Pairing ETH With Pepeto Could Be the Best Crypto Strategy for 2025 appeared first on Blockonomi.

blockonomi.com Best Crypto to Invest Before Q4 Guide: Pepeto Presale Looks Like the Next BNB of Memecoins With a 100X Potential

 The crypto market is setting up for 2025, and rotation is already in play. Solana (SOL) keeps grinding higher, Binance Coin (BNB) just posted a fresh all-time high, and that’s when many investors take profits and chase higher-upside ideas. In these windows, the best crypto to buy often comes from presales with real utility, the “next Shiba [...] The post Best Crypto to Invest Before Q4 Guide: Pepeto Presale Looks Like the Next BNB of Memecoins With a 100X Potential appeared first on Blockonomi.

news.bitcoin.com Token’s 4,900% Surge Sparks ‘Bull Trap’ and Exit Scam Warnings

UCN has skyrocketed over 4,900% since August 27, with a 24-hour surge of more than 400% on August 29, climbing from $205 to $1,257. Despite the dramatic price jump, trading volume remained modest, under $2 million. Mainnet Hype and Social Media Chatter UCN, the native token of the Uchain project, has surged by more than […]

blockonomi.com DeFi Development Corp. Invests $77M in Solana, Eyes Global Growth

TLDR DeFi Development Corp. acquired 407,247 Solana tokens valued at $77 million on August 28, 2025. The company now holds a total of 1.83 million Solana tokens, worth $371 million. DeFi Development Corp. funded the acquisition through an equity raise to ensure long-term capital. The firm plans to stake the newly acquired tokens to generate [...] The post DeFi Development Corp. Invests $77M in Solana, Eyes Global Growth appeared first on Blockonomi.

bitcoinist.com Solana Client Agave Smashes 1.1 Million TPS, Matching Firedancer’s Record

Solana’s Rust validator client Agave has matched Firedancer’s lab record, briefly peaking at 1.1 million transactions per second in a synthetic, single-node benchmark. The result was disclosed by Solana core engineer Andrew Fitzgerald, who wrote: “Hit a burst of 1.1m TPS on agave this morning. Single-node synthetic test with simple transfers. On a branch with […]

news.bitcoin.com Bitcoin Tumbles in the Face of High Inflation and New Tariff Pressure

The cryptocurrency fell to $108K after the “de minimis” exemption ended on Friday and core inflation came in at 2.9%. BTC Buckles Under Dual Pressure of Increasing Inflation and Trade Tensions Both crypto and stock markets bled on Friday after core inflation came in at 2.9% and the “de minimis” exemption, which waives tariffs on […]

blockonomi.com Earn SOL passive income every day: BJMINING helps investors seize the new opportunity of Solana at $214

As of August 29, 2025, the price of Solana (SOL) stabilized at around $214.5, up nearly 5.5% from yesterday and nearly 50% year-to-date. Amidst the Federal Reserve’s easing signals and continued inflows of institutional funds, SOL surged 9.1% in a single day, surpassing Ethereum to become the most traded decentralized exchange (DEX) by trading volume, [...] The post Earn SOL passive income every day: BJMINING helps investors seize the new opportunity of Solana at $214 appeared first on Blockonomi.

bitcoinist.com Ripple Swell 2025 Is Almost Here: Here’s What To Expect From The Event

Ripple Swell 2025 is fast approaching, even as members of the XRP community look forward to the bullish announcements that could come at the conference. The crypto firm also unveiled featured speakers at the event, including its executives Brad Garlinghouse and Chris Larsen. Details About The Ripple Swell 2025 Ripple has announced that the Swell […]

blockonomi.com New Coin Tagged as the Next Solana Set for 50x Returns Before SOL, DOGE, XRP ETF Approvals

Blockchain markets are awaiting possible ETF listings of Solana (SOL), Dogecoin (DOGE), and XRP. Although established assets are prominent in the news, some analysts suspect newer initiatives will produce even better returns in the short run. A notable project in motion is Little Pepe (LILPEPE), a meme-oriented Layer 2 blockchain state that is meant to [...] The post New Coin Tagged as the Next Solana Set for 50x Returns Before SOL, DOGE, XRP ETF Approvals appeared first on Blockonomi.

bitcoinist.com Another Major Solana Purchase By DeFi Dev Corp, Here’s How Much They Got

A Solana treasury is becoming one of the fastest-growing crypto treasuries among big corporations, which sees the network’s robust performance and potential to revolutionize the blockchain sector. Presently, the idea is getting a major push from DeFi Development Corp, which has purchased a notable amount of SOL into its crypto treasury.  Solana Treasury Companies Are […]

news.bitcoin.com Eric Trump Says Bitcoin Can Hit $1M, Hails China’s Role at Bitcoin Asia Conference

Eric Trump told attendees at Bitcoin Asia that he spends most of his time on digital assets and sees bitcoin as central to finance’s future, speaking with interviewer David Bailey, the KindlyMD CEO and organizer of the conference. At Hong Kong Event, Eric Trump Calls Bitcoin the ‘Greatest Asset’ The session touched on bitcoin mining, […]