High TPS figures promise scale, but every additional transaction increases the burden on the very nodes meant to keep networks decentralized. Blockchain transactions per second (TPS) numbers are often treated as a performance gauge, but they don’t tell the full story of whether a network can scale in practice. Carter Feldman, founder of Psy Protocol and a former hacker, told Cointelegraph that TPS figures are often misleading because they ignore how transactions are actually verified and relayed across decentralized systems. “Many pre-mainnet, testnet or isolated benchmarking tests measure TPS with only one node running. At that point, you might as well call Instagram a blockchain that can hit 1 billion TPS because it has one central authority validating every API call,” Feldman said. Read more
XRP looked increasingly bearish at $1.40, with a key indicator suggesting that a downward move below $1 was possible in the coming weeks. XRP (XRP) has retraced nearly 63% from its multi-year high of $3.66 to trade at $1.36 on Wednesday, a technical setup that may have bearish implications for its price, according to a market analyst. Key takeaways: XRP appeared bearish below $1.40, with chart technicals pointing to a further drop toward $0.70-$1. Read more
Arkham CEO denies shutdown reports as the exchange pivots from a CEX to a fully decentralized model amid record DEX derivatives growth. Arkham Exchange is not shutting down, despite reports to the contrary, and is instead redesigning itself as a decentralized trading platform, the company confirmed to Cointelegraph. The crypto trading platform launched by data analytics firm Arkham Intelligence is shifting from a centralized model to a fully decentralized exchange (DEX), Arkham CEO Miguel Morel told Cointelegraph on Wednesday. Morel’s comments clarify an earlier report from CoinDesk suggesting Arkham Exchange was shutting down. “The future of crypto trading is decentralized, and that’s what we’re building towards,” Morel said. Read more
Bitcoin’s recent moves track liquidity stress more than Fed rate cuts. Here’s how balance sheet policy and cash flows shape crypto markets. Bitcoin now responds more to liquidity than to rate cuts. While rate cuts once drove crypto rallies, Bitcoin’s recent price action reflects actual cash availability and risk capital in the system, not just borrowing costs. Interest rates and liquidity are not the same. Rates measure the price of money, while liquidity reflects the amount of money circulating. Bitcoin reacts more when liquidity tightens or loosens, even if rates move in the opposite direction. When liquidity is abundant, leverage and risk-taking expand, pushing Bitcoin higher. When liquidity contracts, leverage can unwind quickly, which has often coincided with sharp sell-offs across stocks and commodities. Read more
Mandiant, which operates under Google Cloud, has tracked the suspected North Korean scammers since 2018, and AI has helped scale up malicious attacks since November 2025. North Korea-linked threat actors are escalating social engineering campaigns targeting cryptocurrency and fintech companies, deploying new malware designed to harvest sensitive data and steal digital assets. In a recent campaign, a threat cluster tracked as UNC1069 deployed seven malware families aimed at capturing and exfiltrating victim data, according to a Tuesday report from Mandiant, a US cybersecurity company that operates under Google Cloud. The campaign relied on social engineering schemes involving compromised Telegram accounts and fake Zoom meetings with deepfake videos generated through artificial intelligence tools. Read more
Hong Kong’s SFC will allow licensed brokers to offer digital asset margin financing and set a framework for crypto perpetuals for professionals. Hong Kong’s Securities and Futures Commission said Wednesday it will allow licensed brokers to provide virtual asset margin financing and outlined a framework for trading platforms to offer perpetual contracts to professional investors. Under the new guidance, brokers may extend virtual asset financing to securities margin clients with sufficient collateral and strong credit profiles. Initially, only Bitcoin (BTC) and Ether (ETH) will be eligible as collateral. The regulator also set out a high-level framework for licensed virtual asset trading platforms to develop leveraged perpetual contracts. Access will be restricted to professional investors. Read more