Electric vehicle startup Faraday Future said it plans to launch several crypto-focused initiatives, including creating a crypto treasury and offering tokenized vehicle sales. Nasdaq-listed Faraday Future said on Sunday that it planned to create a “C10 (Crypto 10) Treasury” product and initially buy $30 million worth of crypto, which it hoped “could reach tens of billions in…

Solana throughput briefly spiked to six figures under a high load of program call transactions over the weekend, according to a developer. Mert Mumtaz, the co-founder of the Solana developer tooling firm Helius, said on Sunday that Solana became the “first major blockchain” to record 100,000 transactions per second (TPS) on its mainnet. He shared that a…

The US Department of the Treasury is seeking public feedback on how digital identity tools and other emerging technologies could be used to fight illicit finance in crypto markets, with one option being embedding identity checks into decentralized finance (DeFi) smart contracts. The consultation, published this week, stems from the newly enacted Guiding and Establishing National Innovation…