In the fast-paced world of crypto, a single day can bring seismic shifts across protocols, companies, and regulatory landscapes. Over the last 24 hours, several major updates have emerged that could significantly impact the direction of the digital asset industry. If you blinked, here’s everything you may have missed:
1. Ethereum Raises Gas Limit by 25%
Ethereum core developers quietly approved a 25% increase in the block gas limit, allowing more transactions to be included in each block. This change, while technical, has big implications for network efficiency and scalability. For developers and dApps, this means reduced congestion and potentially lower gas fees, helping Ethereum maintain its edge as layer-2 competition grows.
2. SpaceX Transfers $150 Million in Bitcoin
In a move that has sparked widespread speculation, SpaceX reportedly transferred $150 million worth of Bitcoin to an undisclosed wallet. While it’s unclear whether this is part of internal treasury management, portfolio rebalancing, or something more strategic, the transaction highlights the continued interplay between crypto and major tech companies led by visionaries like Elon Musk.
3. DOJ Drops Case Against Kraken Co-Founder Jesse Powell
The U.S. Department of Justice has officially dropped its investigation into Jesse Powell, the co-founder of Kraken. Powell had been under scrutiny for alleged misuse of company funds and other compliance matters. With the case now closed, this could mean smoother waters ahead for Kraken, which has faced regulatory heat in recent months. The move also reflects the DOJ’s recalibrating approach to crypto-related enforcement.
4. Western Union Eyes Stablecoin Integration After GENIUS Act
After the U.S. passed the GENIUS Act—designed to support responsible digital asset innovation—Western Union is reportedly exploring stablecoin integration into its global money transfer services. This could drastically reduce settlement times and fees, particularly for cross-border payments. If successful, it would mark a massive shift in how traditional finance adopts blockchain rails.
5. USDC Usage on Hyperliquid Doubles Overnight
The decentralized perpetuals exchange Hyperliquid saw USDC usage double within a 24-hour period, reflecting increasing trust and liquidity in its ecosystem. The surge could be attributed to a recent incentive program or market participants moving to more efficient trading venues. As Hyperliquid gains traction, it signals a growing appetite for non-custodial trading environments that still maintain deep liquidity.
6. TON Wallet Now Supports Crypto Purchases for U.S. Users
The TON (Telegram Open Network) Wallet has rolled out crypto purchasing capabilities for U.S. users, enabling seamless fiat-to-crypto transactions within the wallet interface. This move lowers the entry barrier for newcomers and strengthens TON’s positioning as a bridge between Web2 platforms and Web3 capabilities—especially through its Telegram ecosystem.
7. Chainbase Launches $C Token on Creatorpad
Chainbase, a rising infrastructure project for on-chain data and tools, has launched its native token $C on Creatorpad—a launchpad tailored for Web3 creators and builders. The event was well-received, signaling both strong community backing and growing demand for decentralized developer tooling platforms.
Final Thoughts
From protocol-level upgrades to legacy finance embracing stablecoins, these developments show that crypto innovation continues to expand across every layer of the stack. Whether you’re a trader, builder, or observer, staying updated is crucial—because in this space, 24 hours can change everything.
Stay tuned. Tomorrow could be even bigger.
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