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)

Andreessen Horowitz urged the US Senate Banking Committee to scrap the “ancillary asset” concept in draft crypto legislation, warning of loopholes. Venture capital firm Andreessen Horowitz (a16z) called on US lawmakers to revise a draft crypto regulation bill, warning that the proposed framework could open dangerous loopholes and undermine investor protections.In a Thursday open letter to the US Senate Banking Committee, the investment firm urged regulators to close loopholes in the draft crypto legislation. The letter was a response to the discussion draft released in late July.The discussion draft in question builds on the 21st Century Financial Innovation and Technology Act (CLARITY Act) and seeks industry input on the ongoing crypto regulation. A16z points to the definition of ancillary assets, referring to tokens sold with an investment contract that give buyers no equity, dividend or governance rights.Read more Source: cointelegraph.com (Read Full Article)

The Japanese investment company’s stock offering is part of its treasury strategy to acquire 210,000 Bitcoin by the end of 2027. Japanese investment firm Metaplanet is seeking to raise 555 billion yen ($3.73 billion) through a stock offering to support its aggressive Bitcoin accumulation strategy. The company, which is known as “Asia’s Strategy,” announced Friday that it will issue perpetual preferred shares to help fund its goal of acquiring 210,000 Bitcoin (BTC) by the end of 2027. The shares will offer up to a 6% annual dividend, depending on market conditions and investor demand. “The Company intends to actively pursue equity financing as part of its ‘Bitcoin Strategy,’ which aims to acquire 210,000 BTC by the end of 2027,” it said. “We believe that introducing Bitcoin-backed preferred shares represents a pioneering effort to fill this gap.”Read more Source: cointelegraph.com (Read Full Article)

THG co-founder and CEO Stefan Deiss told Cointelegraph that the IDTrust allows users full control over their data, giving it an edge over competitors like Microsoft Entra. The Hashgraph Group (THG) has launched a self-sovereign identity (SSI) platform called “IDTrust” to provide a blockchain-based digital identity solution for individuals and institutions. In an announcement sent exclusively to Cointelegraph, THG said the IDTrust platform is built on the Hedera network and will be powered by artificial intelligence. An SSI platform allows users to issue, manage and verify credentials securely without the need for centralized authorities. The launch comes as governments and enterprises accelerate digital identity programs, including the Swiss e-ID initiative and the European Union’s eIDAS 2.0 regulation. Read more Source: cointelegraph.com (Read Full Article)

Tether’s USDT supply has increased by $26 billion in 2025, pushing its market cap to $163.6 billion as global demand for stablecoin grows. Stablecoin-issuer Tether has become the 18th-largest holder of United States Treasurys globally, surpassing the holdings of South Korea, according to a recent attestation report. On Thursday, Tether said in its attestation report for the second quarter of 2025 that it holds $127 billion in US Treasury bills. The company said it has $105.5 billion in direct US Treasury exposure and $21.3 billion held indirectly. Tether’s current holdings show a $7 billion increase from the first quarter. On May 19, the stablecoin issuer reported having $120 billion in T-bills, overtaking Germany’s holdings to take the 19th spot. Read more Source: cointelegraph.com (Read Full Article)