Tag: 143K

SharpLink Buys 143K Ethereum for $668M Amid ETH ETF Profit-Taking Wave

Key Notes Sharplink funded the massive ETH purchase through $537 million in equity offerings during August’s rally period. The company introduced ETH Concentration metric to help investors track exposure per diluted share outstanding. Recent Ethereum ETF outflows of $255.9 million counteracted institutional buying pressure on ETH price action. Sharplink Gaming, the second-largest Ethereum BTC $113 688 24h volatility: 2.1% Market cap: $2.26 T Vol. 24h: $41.01 B treasury investor behind Bitmine, has expanded its holdings with a fresh $667.2 million purchase. According to the firm’s latest disclosure on Tuesday, Aug.…

Avalanche’s HyperSDK blockchain upgrade hits 143K TPS on testnet

Smart contract layer-1 blockchain network Avalanche’s testnet has reportedly hit over 140,000 transactions per second during testing of its HyperSDK blockchain upgrade. Avalanche is currently testing a framework for building high-performance Virtual Machines (VMs) from scratch on the network. According to Ava Labs, HyperSDK is structured so that developers can “plug into a lightning-fast execution environment without writing massive amounts of code from scratch.” This enables the simplification and acceleration of custom VM development, making it easier for developers to launch optimized blockchains. HyperSDK reached a whopping 143,322 transactions per…