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Bitget Wallet introduces multichain gas abstraction for simpler crypto transactions

Key Takeaways Bitget Wallet enables users to pay transaction fees with stablecoins or BGB across multiple blockchains. The update leverages EIP-7702 and supports major EVM chains, Solana, and TRON, aiming to simplify crypto transactions. Share this article Bitget Wallet, a self-custody, multi-chain web3 wallet designed for crypto investors to manage their digital assets, now supports … Read more

Jack Dorsey urges Signal to enable Bitcoin transactions

Key Takeaways Jack Dorsey publicly encouraged Signal to add Bitcoin transactions for its users. This is part of Dorsey’s larger effort to make Bitcoin more accessible in daily platforms. Share this article Jack Dorsey, Bitcoin advocate and founder of Block, today urged Signal to enable Bitcoin transactions for its users via his official X account. … Read more

Solana daily transactions plummet 50% despite price rally: CryptoQuant

Key Takeaways Solana’s daily transactions have decreased by 50% although SOL token price is up. Speculative trading and sentiment may be driving SOL’s gains rather than organic network growth, per the report. Share this article Solana daily transactions have dropped 50% despite the network’s native token $SOL recently experiencing a price rally, according to CryptoQuant, … Read more

Plasma price pattern points to rebound, transactions jump

Plasma price moved into a bear market after its recent airdrop, even as its transactions and assets in its decentralized finance surge.  Summary Plasma’s sharp price decline highlights a growing disconnect between on-chain fundamentals and market sentiment. Despite surging network activity, soaring DeFi deposits, and a new partnership with Chainlink, the token’s post-airdrop selloff underscores … Read more

Cloudflare unveils NET Dollar stablecoin for cross-network transactions

Key Takeaways Cloudflare has launched NET Dollar, a US-dollar backed stablecoin. NetDollar is designed for instant cross-network transactions between AI agents and autonomous systems. Share this article Cloudflare, a web infrastructure company, plans to launch NET Dollar, a US dollar-backed stablecoin designed for cross-network transactions between AI agents and autonomous systems. The stablecoin would enable … Read more

Ledger CTO urges users to check crypto onchain transactions amid supply chain attack

Key Takeaways Ledger CTO urged hardware wallet users to verify every transaction amid a large-scale supply chain attack. Analysts warned software wallet users to avoid onchain transactions as malicious code spreads through NPM. Share this article Ledger CTO Charles Guillemet warned on X of a large-scale supply chain attack after the NPM account of a … Read more

ETH holds $3.6K as Ethereum daily transactions near ATH

Ethereum was trading at $3,658 at press time, posting a 2.2% gain over the last 24 hours as on-chain metrics show a surge in transaction activity. Summary Ethereum is trading at $3,658, up 2.2% on the day but down 4.7% over the week. Daily Ethereum transactions hit 1.87M on Aug. 6, nearing record highs. Technical … Read more

Trump signals support for tax break on small crypto transactions

Key Takeaways The Trump administration supports a tax exemption for small crypto transactions. Trump opposes a central bank digital currency and backs legislation to prohibit its development. Share this article President Trump has signaled support for a tax exemption on small crypto transactions, aiming to make digital asset payments more practical for everyday purchases, White … Read more

Jack Ma-backed Ant Group to adopt USDC for its blockchain platform to power cross-border payments, crypto transactions

Key Takeaways Ant Group is partnering with Circle to incorporate USDC on its blockchain platform once the stablecoin achieves US compliance. Ant International’s blockchain already handles a third of the firm’s $1 trillion transactions and supports global banks and tokenized assets. Share this article Ant Group, China’s foremost fintech and digital technology provider, founded by … Read more

Senator Lummis proposes to exempt small crypto transactions from taxes, ending double taxation for miners and stakers

Key Takeaways Senator Lummis introduced legislation to modernize crypto tax rules and encourage innovation. The proposal includes a $300 de minimis exemption and updated rules for miners, stakers, and lending. Share this article Senator Cynthia Lummis is pushing for digital asset tax reform through new legislation projected to generate $600 million from 2025 to 2034 … Read more

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