Australia’s financial landscape is on the cusp of a major transformation as the Reserve Bank is exploring the possibilities of CBDCs and stablecoins. Pushing forward with Project Acacia, Australia’s central bank is examining the potential applications of digital currencies in wholesale finance. Will Project Acacia be a game-changer for the country’s monetary system? Australia Explores
Truth Social, a social media platform backed by the United States President Donald Trump, has filed for a spot Bitcoin (BTC) exchange-traded fund (ETF) with the U.S. SEC. According to a recent SEC filing, the Truth Social seeks to list and trade shares of the Truth Social Bitcoin ETF on the NYSE Arca Exchange.
The Truth Social Bitcoin ETF will be managed by Foris DAX Trust Company, LLC, whereby investors will only be allowed cash settlement. The filing of the Truth Social Bitcoin ETF follows a recent move by the Trump Media and Technology Group to raise $2.5B to implement a Bitcoin treasury management plan.
Truth Social Affirms High Bitcoin Demand from Institutional Investors
The filing of the Truth Social Bitcoin ETF aligns with the cryptocurrency agenda of the U.S. President Donald Trump. Furthermore, the Trump Organization and the Official Trump Meme ($TRUMP) have played a crucial role in the mainstream adoption of digital assets.
The overall demand for Bitcoin by institutional investors as a hedge against inflation and macroeconomic uncertainty remains high. According to market data analysis from BitcoinTreasuries, 223 entities now hold more than 3.39 million BTCs as part of their treasury management strategy.
Is BTC Price Ready to Moon?
As Coinpedia reported, the rising demand for Bitcoin from institutional investors has helped increase bullish sentiment. The recent weekly rebound from a crucial support/resistance level around $104k is a clear indication that BTC price is preparing for a fresh rally towards a new all-time high.
However, a consistent close below $103,336 in the coming days will further delay an anticipated parabolic rally.
The post Breaking: President Donald Trump’s Truth Social Files for Spot BTC ETF appeared first on Coinpedia Fintech News
Truth Social, a social media platform backed by the United States President Donald Trump, has filed for a spot Bitcoin (BTC) exchange-traded fund (ETF) with the U.S. SEC. According to a recent SEC filing, the Truth Social seeks to list and trade shares of the Truth Social Bitcoin ETF on the NYSE Arca Exchange. The …
BNB Chain has successfully deployed its much-anticipated Maxwell Hard Fork on the testnet. This launch delivers a high-speed, low-latency blockchain performance.
Maxwell’s mainnet activation is scheduled for June 30, 2025. Nevertheless, this deployment positions BNB Chain to rival Solana and Ethereum blockchains on specific metrics.
BNB Chain’s Maxwell Upgrade: What Users Need to Know
The upgrade, activated at block 5,255,2978, represents a foundational overhaul of BNB Chain’s consensus and networking infrastructure. It significantly reduces block times, enhances validator communication, and improves sync efficiency, which are integral factors for scaling user and developer experiences on-chain.
“Maxwell HardFork Successfully Activated on BNB Chain Testnet…Developers and validators are encouraged to begin testing the new infrastructure,” BNB Chain shared in a post.
The network named its Maxwell Hard Fork in tribute to James Clerk Maxwell, the physicist who unified electricity and magnetism. Similarly, BNB Chain’s upgrade aims to harmonize two often competing blockchain priorities: speed and stability.
It cuts block time in half from 1.5 seconds to just 0.75 seconds. New technical enhancements accompany this dramatic acceleration to maintain validator and node synchronization. This would ensure that faster blocks do not come at the cost of network health or decentralization.
Among the key changes introduced are adjustments to consensus cadence and network propagation. The epoch length has been extended from 500 to 1,000 blocks, and validators now lead for 16 blocks per turn. This keeps proposer durations stable even as blocks arrive more frequently.
Further, the per-block gas limit has been halved from 70 million to 35 million, keeping throughput steady and preventing network congestion and state bloat.
At the networking layer, new mechanisms allow blocks to propagate among validators within 400 milliseconds. Similarly, improved range sync capabilities help lagging nodes stay up-to-date even under the faster cadence.
Implications for Users and Rival Blockchains
The implications for end-users are profound. With sub-second block times and finality now approaching 1.9 seconds, BNB Chain is moving closer to a Web2-like experience.
Transactions such as swaps, mints, or gameplay actions can instantly be confirmed. This enhanced responsiveness narrows the psychological divide between Web2 and Web3, offering users a fluid and immediate experience.
The upgrade also opens up new design opportunities for developers. Real-time gaming, prediction markets, and high-frequency trading dApps can operate directly on Layer-1 without relying on separate fast chains.
Meanwhile, the BNB Chain is already showing strong momentum. According to data on DefiLlama, it currently leads the decentralized exchange (DEX) sector with over $13 billion in 24-hour trading volume, nearly six times more than Solana.
Data on Chainspect also shows that transaction throughput per second is up 37%, with BNB Chain handling 12 times more transactions than Ethereum.
However, on block time and finality metrics, BNB Chain remains 87.5% and 99.21%, respectively, less than Ethereum.
BNB Chain vs Ethereum on TPS, block time, and finality metrics. Source: Chainspect
Industry observers are optimistic. DeFi influencer Elja pointed out that BNB Chain’s previous Lorentz Hard Fork slashed gas fees tenfold.
With Maxwell promising even faster speeds, better validator coordination, and smarter syncing, Elja called it “even more bullish” for BNB Chain’s future.
“Lorentz Hardfork resulted in 10x gas fees reduction and increased TPS. The upcoming Maxwell Hardfork will be even more bullish for BNBChain,” Elja remarked.
One user echoed the sentiment, saying the upgrade should resolve the high failure rates they previously experienced during wallet sales.
Justin Sun, founder of Tron and a leading crypto billionaire, is about to make history by flying to space with Jeff Bezos’s Blue Origin. A recent tweet exchange between Sun and Blue Origin has sparked excitement, hinting that his suborbital flight on the New Shepard rocket is coming soon.
If this happens, Sun will be the first person from the crypto world to travel to space, showing how blockchain and space exploration can come together.
A $28 Million Ticket to Space
In 2021, Justin Sun won a charity auction by bidding $28 million for a seat on Blue Origin’s first crewed New Shepard flight. The money went to Blue Origin’s Club for the Future, a foundation that supports 19 space-related charities focused on inspiring future generations in STEM fields.
Though the flight was originally planned for 2022, it was delayed. But on May 29, 2025, Sun posted a tweet from inside a spacecraft simulator, suggesting the trip is back on.
The flight might take place in July 2025, according to recent announcements, and Sun will fly with five other crewmates, including someone who won their seat with a $6 million ticket.
Flying with a Star-Studded Crew
Justin Sun won’t be traveling alone. He’ll be joined by five others, making this an exciting mission that combines the worlds of space and crypto. This group will mark a new chapter in how cryptocurrency interacts with space technology.
Justin Sun in the Spotlight
Sun has a history of making big headlines. In 2019, he paid $4.5 million to have a charity lunch with famous investor Warren Buffett. At that lunch, Sun brought top crypto figures like Litecoin’s Charlie Lee and eToro’s CEO Yonni Assia. Even though Buffett remains skeptical about Bitcoin, the meeting sparked important discussions about cryptocurrency.
In 2025, Sun continued his high-profile appearances by attending a dinner with Donald Trump for top holders of the $TRUMP memecoin. He also met crypto leaders like Michael Saylor and the Winklevoss twins at the Bitcoin 2025 conference. These actions highlight Sun’s efforts to raise TRON’s profile and influence in the crypto space.
How Does The Crypto Community See This?
The crypto community on X has been buzzing about Sun’s space plans. Influencer Wendy O said, “Justin is taking us to the moon,” celebrating this milestone. Others believe this trip could boost TRON’s visibility and push the crypto industry toward exciting new innovations.
This mission may increase TRON’s visibility and inspire blockchain leaders to think bigger as the crypto world gets ready to reach new heights.
The post Crypto Billionaire Justin Sun Set for Space Flight? Blue Origin’s Tweet Sparks Buzz appeared first on Coinpedia Fintech News
Justin Sun, founder of Tron and a leading crypto billionaire, is about to make history by flying to space with Jeff Bezos’s Blue Origin. A recent tweet exchange between Sun and Blue Origin has sparked excitement, hinting that his suborbital flight on the New Shepard rocket is coming soon. Hello @justinsuntron👋We look forward to seeing …
We look forward to seeing you in West Texas on a future New Shepard flight soon!