Combined TPS of Ethereum Scaling Ecosystem Hits All-time High

The combined transactions per second (TPS) of the Ethereum scaling ecosystem have reached a new all-time high due to a new Ethereum layer 3 solution. On June 16, the Ethereum scaling networks, which encompassed layer-2 and layer-3 blockchains, recorded a combined 246.18 TPS, according to L2beat data. This figure is equivalent to an estimated 21.2 […]
US SEC Rejects Ripple’s Proposal for Civil Penalty

The US SEC has expressed dissatisfaction with Ripple Labs’ most recent argument for a civil penalty, asserting that it is insufficient. Ripple requested a penalty of “no more than $10 million” from Judge Analisa Torres of the United States District Court for the Southern District of New York on June 13, citing the SEC’s settlement […]
Binance Lists ZKsync, Launches Token Distribution Program

Binance will list ZKsync (ZK) and launch a token distribution program, with trading starting June 17th. ZKsync (ZK) is being listed on Binance, the most popular cryptocurrency exchange in terms of trading volume. Additionally, the exchange is initiating a token distribution program for the project. Binance will expand its selection of supported cryptocurrencies by introducing […]