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Since users were asked to migrate off the mainnet, it is now almost impossible to see L2 being able to return to the sustained ETH burning levels seen before Dencun.


Share link:In this post: Most economists think the Fed will only cut rates by a quarter-point in September, even though big banks are pushing for a bigger reduction. The July jobs report was weaker than expected, but Fed leaders aren’t panicking and are sticking to their gradual approach. Inflation might have ticked up a bit in July, but it’s not enough to change the Fed’s plan to slowly lower rates.


The company disclosed a net loss of $27 million, equating to a 7-cent loss per share, both basic and diluted.


- 15:51Trump: Making Deals with Other Countries Once Thought ImpossibleAccording to ChainCatcher, as reported by Jinshi, U.S. President Trump stated that he is reaching agreements with other countries that were once considered impossible.
- 15:44An address upgraded to EIP-7702 loses $146,551 in a phishing attack through malicious batch transactionsAccording to Scam Sniffer monitoring, an address upgraded to EIP-7702 lost $146,551 in a phishing attack through malicious batch transactions.
- 15:40Solayer launches infiniSVM DevnetSolayer announced the launch of the infiniSVM development network, a hardware-accelerated, infinitely scalable universal execution layer. The infiniSVM development network provides RPC endpoints, API endpoints, a faucet, and a blockchain explorer. It allows for contract deployment, simulating production loads, discovering edge cases, and reporting errors. Other advantages include: multiple execution environments, with each application running on an independent execution machine; infinite scalability, with execution machines connected via InfiniBand for high-throughput communication; hardware offloading, with dedicated compute and storage clusters supporting RDMA; and speculative preprocessing, enabling parallel transaction processing.