Author: CryptoPress
Standalone AI Infrastructure: BNB Chain is developing a high-speed, parallel Layer 1 blockchain optimized specifically for autonomous trading agents.Sub-50ms Latency: The network targets a processing throughput exceeding 100,000 transactions per second with transaction pre-confirmations under 50 milliseconds.MEV Mitigation: By eliminating the public mempool and routing traffic directly to block leaders via TxStream, the network intends to...
Coinbase Chief Legal Officer Paul Grewal Steps Down After Six Years
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Paul Grewal will step down as Coinbase Chief Legal Officer effective July 31, 2026, after nearly six years.
Grewal will transition to an advisory role through October and remain on the board of Coinbase National Trust Company.
Molly Abraham, VP of legal, promoted to General Counsel; Ryan VanGrack named vice chair and head of corporate affairs.
Grewal played a central role in Coinbase’s SEC lawsuit defense and Washington...
Ripple CEO Brad Garlinghouse Slams “Financial Engineering” in Crypto, Stays Bullish on Bitcoin Amid Market Turmoil
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A Sharp Critique in Volatile Times
In a pointed CNBC interview amid Bitcoin’s struggles below $60,000, Ripple CEO Brad Garlinghouse delivered a stark message to the crypto industry: sustainable value comes from real utility, not complex financial maneuvers.
“Financial engineering does not drive long-term value … long-term value of any digital asset is going to be driven by utility,” Garlinghouse stated. He directly targeted...
Robinhood Chain Sees Surge in Memecoin Activity Led by CASHCAT
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Robinhood Chain’s on-chain volume exploded within a week of its mainnet launch, fueled by low gas fees and retail interest.
The native memecoin CASHCAT led the rally, reaching a market capitalization of $60 million amid community-driven trading frenzy.
Daily decentralized exchange (DEX) volume on the network surpassed $30 million as liquidity poured into its emerging ecosystem.
Just days after its official mainnet debut, the newly...
BonkDAO Treasury Drained of $20 Million Following Malicious Governance Attack
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BonkDAO suffered a $20 million treasury drain after a malicious governance proposal was pushed and approved by attackers.
The exploiters purchased $4 million worth of BONK tokens to secure enough voting power to passed the malicious proposal.
Major cryptocurrency exchanges, including South Korea’s Upbit, have suspended BONK deposits and withdrawals following the incident.
The Solana-based decentralized autonomous organization behind...



