Solana's 10x burn proposal just cleared its first hurdle
The governance package that would multiply @solana's daily burns more than tenfold has crossed its 15% support threshold at 65.22M $SOL from 76 validators, with Helius and Jupiter the largest backers at 16M and 12.47M $SOL respectively. It now sits in the discussion phase until September 1, with the formal vote after that.
The plan pairs resource-based fees, lifting burns from around 650 SOL a day to as much as 9,000, with a doubled disinflation rate that pulls the 1.5% inflation floor forward from 2032 to 2029. With issuance still near 60,000 $SOL daily the token stays inflationary, but net supply growth would slow considerably.
🚨TELEGRAM TO LAUNCH NATIVE NON-CUSTODIAL GRAM WALLET FOR 1 BILLION+ USERS!
Pavel Durov announced that Telegram will roll out a native, non-custodial $GRAM wallet to its roughly 1 billion users this summer.
He called it the “largest rollout of a non-custodial crypto wallet in human history,” enabling instant, zero-fee crypto transfers directly inside the app.
Cardano $ADA is facilitating payments without banking channels or central authorities...
Dominic Wallis (@Waalge), the developer behind it all, introduces Subbit(.)XYZ, a novel Layer 2 protocol for payment channels that aims to make trustless subscriptions and recurring micropayments possible on @Cardano.
The technology enables recurring payments to run automatically without banking channels or central authorities, essentially letting subscription models run on the blockchain.
The protocol acts as an additional settlement layer and optimizes the ledger for high-frequency transactions with minimal latency.
@injective, keeping pace with networks like @0xPolygon, has promised to introduce native privacy and confidentiality features to its blockchain.
Packaged as "CypherOS", the upgrade platform will bring shielded transactions, confidential trading, and controlled execution environments to the $INJ ecosystem.
Ledger users can now keep their Zcash private in Ledger's own app
@Ledger added shielded @Zcash support to Ledger Wallet Desktop, with every transaction approved on the Ledger device. The private balance covers only $ZEC in Ironwood, the shielded pool that went live in July.
Ledger will pull the older Zondax-built Zcash Shielded app from download on Nov. 5, so holders using it need to move their funds before then.
Korea's Financial Powerhouse is coming to Optimism
KB Securities, one of South Korea's premier financial institutions, officially signs a memorandum of understanding with @Optimism and @Securitize to bring tokenized investment products to the OP Mainnet.
This initiative is the first step towards on-chain finance by the organization which intends to connect Korea’s advanced capital markets with the high-throughput Layer 2 system on Ethereum.
The implementation process is set up in phases, starting with the tokenization of money market funds and KB Asset Management's strategy.
India's parliamentary finance panel nears final report on crypto after year-long review
Chair Bhartruhari Mahtab (@BhartruhariM) said the government neither accepts nor regulates virtual digital assets, a gap he says invites misuse.
MPs also raised the new 0.4% fee on merchant UPI payments above ₹2,000 (about $20). Mahtab said that the issue may come up at the committee's next meeting.
BabyDoge acquires LimeWire as founders Julian and Paul Zehetmayr hand over control
The @BabyDoge memecoin ecosystem now owns @limewire, led by Abel Czupor (@AbelCzupor). The Zehetmayr brothers spent the last five years rebuilding the platform. The announcement did not disclose financial terms.
$LMWR stays the platform's native token for decentralized storage and AI tool access. Czupor claims that the platform has 8 million monthly users.
Valhalla ships patch v1.13.0 to its testnet with reworked reward delivery and combat changes.
The @FLOKI-built MMORPG (@ValhallaP2E) adds a mail system that delivers rewards directly to players, one-account sign-in, and removes the Battle Arsenal, with positions now set in the Combat HUB instead.
Veras, the game's collectible creatures, gain their full ability sets, and chest drop rates rise. Testnet only for now.