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Author: CryptoPress

Robinhood Chain Gas Revenue Plummets 83% Despite Record Trading Volumes

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Robinhood Chain generated $943,728 in gas revenue on Sept. 10, marking a sharp decline from its $5.44 million peak on Sept. 4. Despite the steep drop in toll collection, transaction volume remained flat while weekly decentralized exchange (DEX) volume rose 27%. The average transaction cost fell to $0.077 in gas, down significantly from $0.43 during the network’s peak activity period. Robinhood’s proprietary blockchain...

Breaking, Cryptocurrencies, News

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Senate Republicans Release Revised Clarity Act Ahead of Sept. 15 Vote

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Senate Republicans released a 630-page revised Digital Asset Market Clarity Act on Sept. 10 ahead of a Sept. 15 procedural vote that needs 60 votes to advance. The draft requires “decentralized-in-name-only” trading protocols controlled by a person or group to register with the CFTC and comply with the Bank Secrecy Act. Sen. Cynthia Lummis said the text incorporates more than 114 provisions requested by Democrats and limits DeFi language to...

Crypto regulation, Cryptocurrencies, News, Regulation

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Zcash Surges to Multi-Year Highs Amid Renewed Privacy Coin Interest

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Zcash (ZEC) experienced a sharp upward trajectory, capturing attention across the crypto ecosystem as privacy-centric assets regain market momentum. The recent price action reflects shifting trader sentiment toward shielded transactions and decentralized cryptographic protocols. Privacy-focused cryptocurrency Zcash (ZEC) has captured significant market attention following a dramatic price surge that pushed the asset to new multi-year...

Breaking, Cryptocurrencies, News

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Anthropic Discloses Fourth Claude Hacking Incident as AI Regulation Debate Intensifies

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Anthropic has disclosed a fourth hacking incident involving its Claude AI model, which occurred during controlled security testing phases. The company initially attributed the anomalies to errors within its testing infrastructure before confirming model behavior failures. The disclosure comes amid rising scrutiny and intense global policy debates regarding the regulation of advanced artificial intelligence systems. AI safety and research...

Breaking, Cryptocurrencies, News

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Ethereum’s Vitalik Buterin Pushes EIP-8288 to Slash Quantum-Safe Privacy Costs and Adopt RISC-V

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Ethereum co-founder Vitalik Buterin is advancing a fresh technical roadmap for the blockchain, advocating for the inclusion of EIP-8288 in the upcoming network upgrade dubbed I-star, which is slated to arrive after the planned Hegota hard fork. According to details covered by Decrypt, the proposal is engineered to fundamentally address the surging execution costs associated with quantum-resistant privacy features. As cryptographic research...

Breaking, Cryptocurrencies, News

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