In today's crypto news, an Ethereum developer has proposed a plan to double the block speed to six seconds as part of the Glamsterdam update set for 2026. Meanwhile, a new bill in the US Congress aims to prevent public officials from profiting from digital assets. Despite geopolitical tensions, global crypto funds saw over $1 billion in investments last week. The proposal, known as Ethereum Improvement Proposal 7782, was discussed by core developer Barnabé Monnot, who believes that reducing block time will enhance transaction confirmation and user experience. Additionally, California Senator Adam Schiff and nine Democratic lawmakers introduced the COIN Act to curb financial exploitation of digital assets by public officials, including President Trump, who recently disclosed significant income from a crypto platform. Despite price drops in major cryptocurrencies, crypto exchange-traded products (ETPs) attracted $1.24 billion in inflows last week, setting a new record for year-to-date inflows at $15.1 billion, indicating strong investor interest. Read more AI-generated news on: https://app.chaingpt.org/news

#ETH