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. Go to Source
Transactions
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JPMorgan’s JPM Coin Sees Transactions ‘Explode’ With Programmability Features
Global investment bank JPMorgan’s JPM Coin has seen a significant surge in transactions, according to Umar Farooq, head of Onyx by JP Morgan. During a session at the Consensus conference, Farooq stated, “We’ve seen the number of transactions explode by factors of 10, if not hundreds. Fewer larger transactions, lots of smaller transactions.” He noted … Read more
Aptos Reaches Milestone, Processes Over 95 Million Daily Transactions
The Aptos blockchain reached a milestone in its history, processing over 95 million in a single day. According to data provided by Artemis, a blockchain statistics platform, the number broke an L1 industry record on May 24, pushed by the tap to earn game Tapos, in which each tap or click constitutes a transaction. Aptos … Read more
Could stablecoin volumes overtake Visa this quarter?
Research firm Sacra predicts stablecoins will “eclipse” Visa on total payments volume this quarter, but Visa’s head of crypto doesn’t agree. Go to Source
MoonPay expands crypto options with PayPal integration
MoonPay users in the U.S. can now buy and sell 110 different cryptocurrencies using PayPal transfers via wallet, bank transfers or debit cards. Go to Source
Bitcoin L2s set to explode as Runes congest BTC network
High transaction fees and network congestion from the Runes protocol are increasing demand for Bitcoin layer-2 solutions. Go to Source
New record: Bitcoin processes 1.6M confirmed payments in a day
The launch of Bitcoin Runes played an important role in the spike in the total number of transactions over the Bitcoin network. Go to Source
DeFi’s ‘unknown and unpredictable’ risks curb institutional use — Fireblocks VP
Institutions are keen on DeFi, and its use among them is growing, but on-chain risks are hamstringing further adoption, says Fireblocks’ Shahar Madar. Go to Source
What are stealth addresses, and how do they work?
Stealth addresses in cryptocurrencies act like secret codes for transactions, providing enhanced privacy by generating unique addresses for each payment. Go to Source
CoinList agrees to $1.2M settlement over apparent US sanctions violations
The crypto exchange processed 989 transactions for users in Crimea from April 2020 to May 2022, according to the Office of Foreign Assets Control. Go to Source
