10 years on, Ethereum finally has a plan to solve the blockchain trilemma and scale the L1 to 10,000 TPS while maintaining decentralization. A decade after the first block was generated on July 30, 2015, Ethereum’s roadmap has a renewed sense of direction and purpose.Sure, the recent price increase helps a lot, but after years of mucking around with scaling via L2s, the Ethereum L1 finally has a credible path to maximal scaling while preserving maximal decentralization. The TL;DR is that the gas limit and transactions per second (TPS) will increase multiple times a year from here on out. Validators will switch from reexecuting transactions to simply verifying zero-knowledge (ZK) proofs, enabling the base layer to hit 10,000 transactions per second.The L2s will scale up in concert to process hundreds of thousands, if not millions of TPS, and a new type of L2 called native rollups will act like programmable shards of a unified blockchain offering the same security as the base layer.Read more Source: cointelegraph.com (Read Full Article)

Why is Meta allegedly pirating porn? Math suggests AI agents won’t take everyone’s jobs, AIs secretly trained to love owls, and more: AI Eye. A new lawsuit claims Meta has been secretly pirating porn for years from torrent sites using virtual private clouds in order to train its AI models.Strike 3 Holdings and Counterlife Media, which own porn sites attracting 25 million monthly visitors, have sued Facebooks parent company for almost $359 million for allegedly infringing on the copyright of 2,396 adult films that Meta is said to have downloaded since 2018.The allegations are similar to the lawsuit brought by well-known authors against Meta that claimed the tech giant pirated 81.7 terabytes of books only this case is much more interesting because its about porn.Strike 3 Holdings told the court it offers rare long cuts of natural, human-centric imagery showing parts of the body not found in regular videos and said it is concerned Meta will train its AIs to eventually create identical content for little to no cost.Read more Source: cointelegraph.com (Read Full Article)

China state TV bashes Trump’s crypto policies in 30-minute special. New Telegram dark markets tie with Huione’s infrastructure. Asia Express. CCTV, Chinas state broadcasting mouthpiece, aired a half-hour special on cryptocurrencies and how the US is attempting to solidify dollar dominance with stablecoins.The July 27 broadcast framed the new US stablecoin legislation GENIUS Act, as a geopolitical turning point. CCTV pinpointed that the new rules explicitly ban a Federal Reserve-issued central bank digital currency (CBCD) while allowing stablecoins to export US debt in digital form.The broadcaster said stablecoins backed by US Treasury bonds represent the third phase of dollar hegemony after Bretton Woods gold and Middle Eastern oil. In this model, crypto users across the globe become indirect holders of US government debt, while stablecoin issuers emerge as the next generation of bond superbuyers. The program warned that this digital infrastructure could displace weaker currencies.Read more Source: cointelegraph.com (Read Full Article)

Democratic senators have asked Comptroller of the Currency Jonathan Gould to explain how he’ll prevent Donald Trump from influencing stablecoin rules that may benefit his family. Crypto-skeptic US Senator Elizabeth Warren has led a letter to the Office of the Comptroller of the Currency expressing concerns over potential conflicts of interest involving the Trump family’s crypto business interests.Warren, along with Senators Chris Van Hollen and Ron Wyden, said in a letter to OCC head Jonathan Gould on Thursday that they’re concerned over “Trump and his family’s continued use of cryptocurrency business ventures to line their pockets.”They requested information on the steps the OCC will take to ensure that President Donald Trump’s “financial conflicts of interest do not influence the OCC’s efforts to ensure the safety and soundness of our banking system.”Read more Source: cointelegraph.com (Read Full Article)

During the WOO X hack, bad actors used social engineering to gain access to the development environment, according to Rob Behnke, chairman of Halborn. Bad actors and scammers stole at least $142 million from the crypto space in July across 17 separate attacks, with the exploit of crypto exchange CoinDCX accounting for the most significant loss. The total monthly losses represented a 27% increase from the $111 million in June, blockchain security firm PeckShield said in an X post on Friday.  However, it’s still a 46% drop from the same time last year, when July 2024 saw $266 million taken by hackers, with the $230 million breach of Indian crypto exchange WazirX accounting for the lion’s share at the time.Read more Source: cointelegraph.com (Read Full Article)

In 2025, governments hold over 463,000 BTC, with the US and China leading, while countries like Bhutan, Iran and the UK quietly build strategic reserves. Roughly 463,000 BTC — or about 2.3% of Bitcoin’s total supply — is currently held by governments around the world, according to publicly available blockchain data and legal disclosures. While that might sound like a small percentage, it equates to tens of billions of dollars in sovereign Bitcoin wealth, giving Bitcoin (BTC) a growing role in national asset strategies and state-level accumulation.Read more Source: cointelegraph.com (Read Full Article)

BTC price weakness outpaces stocks on fresh US trade tariffs, and Bitcoin traders are split over the impact of the CME gap fill near $114,000. Key points:Bitcoin seals another multi-week low, this time filling a July gap in CME’s Bitcoin futures market.Traders hold mixed views of where BTC price will head next.Read more Source: cointelegraph.com (Read Full Article)

El Salvador approved indefinite reelection for president and extended terms to six years, sparking backlash from critics warning of increasing authoritarianism. El Salvador’s legislature approved sweeping constitutional changes, including allowing indefinite presidential reelection, effectively enabling President Nayib Bukele to remain in power beyond his current term.The package of five reforms, passed in a 57–3 vote by Bukele’s New Ideas party and allies, also extends the presidential term to six years from five and eliminates runoff voting, according to the Legislative Assembly of El Salvador.Opponents warned that the move concentrates power and threatens democratic institutions, as the changes remove term limits that have long served as checks on executive authority.Read more Source: cointelegraph.com (Read Full Article)

XRP cloud mining is possible in 2025, but approach with caution, as risks often outweigh the rewards. XRP cloud mining doesn’t mine XRP; it funds BTC or ETH contracts using XRP.Promised returns (100%-800% APR) are often unsustainable and lack transparency.High risks include scams, volatility and hidden fees, with little regulatory oversight.Read more Source: cointelegraph.com (Read Full Article)

Bitcoin completes its highest monthly close in history, while post-halving August traditionally produces double-digit percentage BTC price gains. Key takeaways:Bitcoin hit a record monthly close at $115,800 on Thursday.Analysts see price dropping below $115,000 as a bullish retest.Read more Source: cointelegraph.com (Read Full Article)