News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
A new trade deal between South Korea and the U.S. reduces tariffs to 15% and secures $350 billion in investments, benefiting key sectors like energy and shipbuilding.
Bolivia’s central bank signed a memorandum of understanding with El Salvador on July 30 to develop a legal and technical framework for crypto adoption.
Bloomberg analyst Eric Balchunas says XRP ETF approval could come as soon as September or October.
Quick Take Justin Drake, senior researcher at the Ethereum Foundation, unveiled his view of the next 10 years of Ethereum development, dubbing it “lean Ethereum.” The plan’s goals include scaling base layer TPS to 10,000 at 1 gigagas per second and Layer 2 TPS to 1 million at 1 teragas per second, maintaining decentralization and 100% uptime, and making “bold upgrades” across Ethereum’s Layer 1 consensus, data, and execution sublayers.
Quick Take Deloitte Insights said 99% of polled chief financial officers “envision using cryptocurrency for business functions in the long term.” The research firm also said nearly 40% of CFOs — at companies with $10 billion or more in revenue — expect to use crypto as an investment, or for payments, within the next two years.
Quick Take The project is building off a report released on Wednesday by the President’s Working Group. “Project Crypto will help ensure that the United States remains the best place in the world to start a business, develop cutting-edge technologies, and participate in capital markets,” Atkins said.
Quick Take Tether, the world’s largest stablecoin issuer, said it registered a net profit of $4.9 billion, setting a new quarterly record. The previous record was $4.5 billion, set in Q1 2024. The company held nearly $9 billion in bitcoin at the end of the fiscal period.
- 00:27After Threatening to Replace Powell Immediately, Trump Now Says He Is Likely to Stay OnAccording to ChainCatcher, citing Jinshi Data, Trump stated in an interview with Newsmax that he "would not hesitate to fire Federal Reserve Chairman Powell," but also noted that "firing Powell would disrupt the markets." He criticized the Federal Reserve for "keeping interest rates too high," but also said that Powell is "very likely" to remain in his position as chairman.
- 00:17TRON Community Discusses SELFDESTRUCT Instruction Upgrade Plan, Proposes Compatibility with Ethereum EIP-6780According to ChainCatcher, recently, the TRON community announced that at the TRON #43 Developer Conference, community developers held in-depth discussions on the upgrade plan for the SELFDESTRUCT instruction. They proposed a solution compatible with Ethereum's EIP-6780, aiming to adjust the behavior and execution cost of this instruction to enhance network security and compatibility. According to the meeting, the upgrade plan mainly includes the following adjustments: the SELFDESTRUCT instruction will only completely remove the contract from the chain and transfer assets to the target address when called within the same transaction that created the contract; otherwise, only the assets within the contract will be transferred, and the contract itself will remain. In addition, the energy consumption for executing SELFDESTRUCT will be adjusted from the current 0 to 5000, in order to prevent abuse of the instruction and mitigate potential denial-of-service attack risks. Community developers stated that this upgrade references Ethereum's Gas cost updates, aiming to achieve greater compatibility with Ethereum. If the proposal is approved, contracts will support multiple executions of SELFDESTRUCT, and the more reasonable execution cost will further enhance the security and stability of the TRON network, providing developers with a more reliable development environment.
- 2025/08/01 23:35Overview of Key Overnight Developments on August 221:00 (UTC+8) - 7:00 (UTC+8) Keywords: Trump, Powell, Nonfarm Payroll Data 1. Trump calls again: Powell should resign in disgrace; 2. White House economist: Economic statistical agencies need a "new perspective"; 3. Trump: Nonfarm payroll data is being manipulated to embarrass me; 4. Fed Governor Kugler to resign next week, giving Trump an opportunity for appointment; 5. The US SEC Crypto Special Task Force will hold a series of roundtable meetings across the country; 6. The US SEC will establish a task force to leverage AI to enhance the agency's overall innovation and efficiency; 7. Trump: Has instructed his team to immediately fire the head of the Labor Bureau, says Powell should also "retire"; 8. Fed's Bostic: Today's employment data will not change the Fed's decision this week.