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On June 16, the Ethereum ecosystem set a new record for transactions per second (TPS).
π The total TPS of Ethereum-based projects soared to a record 245.87, equivalent to approximately 21.2 million transactions per day.
π Xai's Layer 3 solution on the Arbitrum network accounted for about 41% of this total.
Until June 10, the protocol's TPS rarely exceeded one transaction per second, but then sharply rose to 101.72.
On June 16, Base and Arbitrum also made it to the top three leaders with TPS figures of 33 and 21, respectively. π§
Despite the high activity, Xai's TVL (total value locked) remains relatively low at $1.33 million, placing the network 45th in the overall rankings. π€·
For comparison, the leading network on Arbitrum has a TVL of $17.91 billion, and Base, in second place, has $7.59 billion.
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π The total TPS of Ethereum-based projects soared to a record 245.87, equivalent to approximately 21.2 million transactions per day.
π Xai's Layer 3 solution on the Arbitrum network accounted for about 41% of this total.
Until June 10, the protocol's TPS rarely exceeded one transaction per second, but then sharply rose to 101.72.
On June 16, Base and Arbitrum also made it to the top three leaders with TPS figures of 33 and 21, respectively. π§
Despite the high activity, Xai's TVL (total value locked) remains relatively low at $1.33 million, placing the network 45th in the overall rankings. π€·
For comparison, the leading network on Arbitrum has a TVL of $17.91 billion, and Base, in second place, has $7.59 billion.
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π The number of DEX users on Base has increased to a record high of 267,000. By this metric, Coinbase's L2 solution has surpassed BNB and is second only to Solana. π
π By the way, regarding BNB. BNB Chain will undergo an update on June 20 to reduce transaction fees by 90% and improve performance. Therefore, the situation may change again, as low fees have always been a huge advantage. β¬οΈπ²πͺ
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π By the way, regarding BNB. BNB Chain will undergo an update on June 20 to reduce transaction fees by 90% and improve performance. Therefore, the situation may change again, as low fees have always been a huge advantage. β¬οΈπ²πͺ
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Irregular Verbs β’ V1 - V2 - V3
Beginβ‘οΈ Began β‘οΈ Begun
Driveβ‘οΈ Drove β‘οΈ Driven
Ariseβ‘οΈ Aros β‘οΈ Arisen
Biteβ‘οΈ Bit β‘οΈ Bitten
Clingβ‘οΈ Clung β‘οΈ Clung
Costβ‘οΈ Cost β‘οΈ Cost
Forbidβ‘οΈ Forbade β‘οΈ Forbidden
Forgiveβ‘οΈ Forgave β‘οΈ Forgiven
Freezeβ‘οΈ Froze β‘οΈ Frozen
Kneelβ‘οΈ Knelt β‘οΈ Knelt
Shutβ‘οΈ Shut β‘οΈ Shut
Sinkβ‘οΈ Sank β‘οΈ Sunk
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Binance has added support for USDT on the TON blockchain!
π TON continues to make waves in the cryptocurrency world, and top publications couldn't help but notice.
π° Yesterday, CoinDesk published an article titled "Telegram Is Cryptoβs Adoption Machine" in which experts declare that Telegram and TON have become a true panacea for the crypto industry.
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π TON continues to make waves in the cryptocurrency world, and top publications couldn't help but notice.
π° Yesterday, CoinDesk published an article titled "Telegram Is Cryptoβs Adoption Machine" in which experts declare that Telegram and TON have become a true panacea for the crypto industry.
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JUST IN: Gemini crypto exchange founders donate 30.94 Bitcoin worth $2 million to Donald Trump to "put an end to the Biden Administration's war on crypto."
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The options market is betting on Ethereum rising to $4000 by September
π²There is significant interest ($158.5 million) in Ethereum call options at a price of $4000 expiring in September, as reported by Deribit.
π Currently the second-largest cryptocurrency by market capitalization is trading at $3300, having lost 8.5% in the past week.
π Ethereum is facing challenges amid the broader crypto market downturn and rumors of imminent trading commencement of spot exchange-traded funds (ETFs) based on the asset in the US.
π€ Traders are likely interested in call options, anticipating the asset's price to rise in the coming months following the launch of an ETH-ETF.
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π²There is significant interest ($158.5 million) in Ethereum call options at a price of $4000 expiring in September, as reported by Deribit.
π Currently the second-largest cryptocurrency by market capitalization is trading at $3300, having lost 8.5% in the past week.
π Ethereum is facing challenges amid the broader crypto market downturn and rumors of imminent trading commencement of spot exchange-traded funds (ETFs) based on the asset in the US.
π€ Traders are likely interested in call options, anticipating the asset's price to rise in the coming months following the launch of an ETH-ETF.
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Solana Unveils New Tool for Transactions via Links
π Solana has launched a new tool called Actions, designed to transform any website or app into a gateway for cryptocurrency transactions.
π§βπ» Developers have also announced the introduction of blinks (blockchain links), which allow a URL to serve as the starting point for a crypto transaction on the Solana blockchain.
π These tools enable users to initiate transactions directly from links shared on social media or websites.
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π Solana has launched a new tool called Actions, designed to transform any website or app into a gateway for cryptocurrency transactions.
π§βπ» Developers have also announced the introduction of blinks (blockchain links), which allow a URL to serve as the starting point for a crypto transaction on the Solana blockchain.
π These tools enable users to initiate transactions directly from links shared on social media or websites.
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Marathon Digital Expands Mining Beyond Bitcoin
π Marathon Digital Holdings has ventured into Kaspa (KAS) mining to diversify its revenue streams, emphasizing it's not abandoning Bitcoin.
π "Kaspa will only constitute 1% of our total capacity," assured Marathon's VP of Investor Relations, Robert Semyuels.
The initiative aims for "higher margins," potentially up to 95% with Kaspa mining machines.
π Since launching Kaspa ASIC devices in September 2023, Marathon has mined 93 million KAS ($16 million). KAS tokens surged 420% since then, outperforming Bitcoin's 135% rise.
Kaspa ranks fifth in Proof-of-Work assets, mineable with specialized hardware, boasting a market cap exceeding $4.2 billion. π°
Following the announcement, KAS saw daily growth rates of 11%, with trading volume up 155%.
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π Marathon Digital Holdings has ventured into Kaspa (KAS) mining to diversify its revenue streams, emphasizing it's not abandoning Bitcoin.
π "Kaspa will only constitute 1% of our total capacity," assured Marathon's VP of Investor Relations, Robert Semyuels.
The initiative aims for "higher margins," potentially up to 95% with Kaspa mining machines.
π Since launching Kaspa ASIC devices in September 2023, Marathon has mined 93 million KAS ($16 million). KAS tokens surged 420% since then, outperforming Bitcoin's 135% rise.
Kaspa ranks fifth in Proof-of-Work assets, mineable with specialized hardware, boasting a market cap exceeding $4.2 billion. π°
Following the announcement, KAS saw daily growth rates of 11%, with trading volume up 155%.
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Common Mistakes
β I bought the bag with $100.
βοΈ I bought the bag for $100.
β Who is in the phone.
βοΈ Who is on the phone.
β The sun rises from the east.
βοΈ The sun rises in the east.
β I can't agree to you on this matter.
βοΈ I can't agree with you on this matter.
β He reached at the airport at 3am.
βοΈ He reached the airport at 3am.
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The co-founder of Kraken donated $1 million in crypto to Donald Trump's pre-election campaign
π° The co-founder of Kraken, Jess Powell, donated $1 million, primarily in ETH, to Donald Trump's pre-election campaign.
He stated his support for "pro-crypto major party candidate".
Powell concluded his announcement with the hashtag #freeross, referencing Trump's promise to pardon Silk Road founder Ross Ulbricht. π΄ββ οΈ
Previously, Gemini founders Cameron and Tyler Winklevoss donated $2 million in Bitcoin to Trump. However, part of the funds was returned due to exceeding the maximum allowable donation.π§
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π° The co-founder of Kraken, Jess Powell, donated $1 million, primarily in ETH, to Donald Trump's pre-election campaign.
He stated his support for "pro-crypto major party candidate".
Powell concluded his announcement with the hashtag #freeross, referencing Trump's promise to pardon Silk Road founder Ross Ulbricht. π΄ββ οΈ
Previously, Gemini founders Cameron and Tyler Winklevoss donated $2 million in Bitcoin to Trump. However, part of the funds was returned due to exceeding the maximum allowable donation.π§
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Court Dismisses Some SEC Charges Against Binance and Changpeng Zhao
βοΈ The court has partially dismissed the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance, though most of the charges will still be reviewed.
The court granted the exchangeβs motion to dismiss the regulatorβs claims regarding secondary sales of the BNB token, the offering of the BUSD stablecoin, and the Simple Earn product. π°
π However, the review of SEC's charges related to the ICO and subsequent sales of BNB by the platform, the BNB Vault program, failure to register, and non-compliance with anti-fraud regulations will continue. The same applies to the staking service on Binance.US.
π€· The charges against former Binance head Changpeng Zhao, alleging that he violated the Exchange Act as a controlling person, remain in the case.
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οΈ
βοΈ The court has partially dismissed the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance, though most of the charges will still be reviewed.
The court granted the exchangeβs motion to dismiss the regulatorβs claims regarding secondary sales of the BNB token, the offering of the BUSD stablecoin, and the Simple Earn product. π°
π However, the review of SEC's charges related to the ICO and subsequent sales of BNB by the platform, the BNB Vault program, failure to register, and non-compliance with anti-fraud regulations will continue. The same applies to the staking service on Binance.US.
π€· The charges against former Binance head Changpeng Zhao, alleging that he violated the Exchange Act as a controlling person, remain in the case.
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Tether Enables Filipinos to Pay Social Contributions with USDT
π€ Tether has partnered with the Uquid platform to allow Filipinos to pay their social contributions using USDT on the TON blockchain.
π΅π The Philippine Social Security System is a government program that provides social services and insurance for workers across various sectors of the economy, including formal, informal, and private sectors.
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π€ Tether has partnered with the Uquid platform to allow Filipinos to pay their social contributions using USDT on the TON blockchain.
π΅π The Philippine Social Security System is a government program that provides social services and insurance for workers across various sectors of the economy, including formal, informal, and private sectors.
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