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The rapid growth in the number of crypto tokens is outpacing the value they generate, creating an “existential” problem for the industry, according to Michael Ippolito, co-founder of Blockworks.In a series of posts on X, Ippolito noted that…
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The National Bank of Rwanda (NBR) has warned the public that crypto payments and trades using the local currency remain illegal in the country after Bybit added support for the Rwandan franc for its peer-to-peer platform on Friday. …
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Ethereum layer-2 networks need “responsive pricing” to scale to billions of users and reduce the fee swings that still accompany congestion, Offchain Labs co-founder Edward Felten said during a keynote at EthCC 2026.Ethereum’s EIP-1559…
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Tether is pressuring investors to commit to a fundraising round at a $500 billion valuation within the next two weeks, saying that it may delay the raise if demand falls short.The El Salvador-based firm has been seeking fresh capital since…
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Crypto hackers stole over $168.6 million in cryptocurrency from 34 decentralized finance (DeFi) protocols in the first quarter of 2026, falling significantly from the same period last year, according to data from DefiLlama. The $40 million…
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Drift Protocol, a Solana-based decentralized exchange (DEX), said Friday it had opened onchain contact with wallets tied to funds stolen in the exploit that outside firms have estimated at roughly $280 million to $286 million.Drift said on…
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TLDR Offchain Labs said Ethereum layer two networks need responsive pricing to handle rising demand and reduce gas fee swings. Edward Felten stated that gas price volatility still acts as the main defense against network…
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Key points:Buyers are attempting to maintain BTC above the $66,500 level, but several analysts believe that the $60,000 level may crack.Some major altcoins risk breaking below their immediate support levels, signaling that bears remain in…
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The Ethereum Foundation (EF), the non-profit organization that steers development of the Ethereum ecosystem, staked over 45,000 Ether (ETH) on Friday, bringing the total amount staked to about 69,500 ETH, less than 500 coins shy of the…
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Binance Coin has retested the lows it established on Friday, the 6th of February, at $570. This was a worrisome sign for bulls and long-term investors, as it was a sign of bearish dominance. Source: Coinalyze The sellers were…
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