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Crypto

Solana to triple transaction capacity on Sept 9, narrowing gap with Ethereum

Solana will launch a new transaction format, TransactionV1, to expand per-transaction capacity from 1,232 bytes to 4,096 bytes, more than tripling the limit, CoinPost reported. The change enables processing of large cryptographic proofs and multi-signature transfers in a single transaction, while legacy formats continue to work. Software that reads blocks and transactions must support the new format. Solana is also preparing the AlpenGlow upgrade to cut finality to about 150 milliseconds and plans further rent fee and slot-time changes.

Mobility

U.S. Senate panel moves to bar Chinese EV sales; Tesla shifts from EVs to robots

The U.S. Senate Commerce Committee plans a vote on a bipartisan bill that would effectively ban Chinese automakers from selling passenger EVs in the United States and further restrict entry into the small-car market. Tesla is removing the Model S and Model X assembly line at its Fremont plant and converting the space for humanoid robot Optimus production. Tesla will shift its supervised FSD option in South Korea from a lump-sum payment to a monthly subscription from Aug. 10.

Finance

KB Kookmin Bank offers VAT filing support service for sole proprietors

KB Kookmin Bank is launching a service to help sole proprietors check their estimated value-added tax and complete self-filing during the VAT reporting period. The service was created through a partnership with tax platform Easy Shop. Users of the KB Star Corporate Banking app can review estimated tax, automatically organise required filing materials and proceed to Hometax filing. The bank is also running an event through July 24 with CU mobile vouchers for participants.