Ethereum layer-2 megaeth will refund over $400m after a misconfigured multisig and third-party bridge issues derailed its usdm pre-deposit launch. Summary Megaeth will return all pre-deposit funds after technical failures pushed usdm deposits above $400 million. A misconfigured multisig let an external party reopen the bridge early, after outages at a third-party provider. Refunds await…
Ethereum price has broken out of a bullish reversal pattern as the supply of tokens held in exchanges continued to decline to a record low. Summary Ethereum price is up 7% over the past week. Exchange reserves for ETH have dropped to multi-year lows. A falling wedge breakout had been confirmed on the daily chart….
BitMine Immersion Technologies, the Nasdaq-listed crypto treasury firm led by Tom Lee, bought 14,618 ETH worth about $44.34 million. Summary BitMine bought 14,618 ETH through BitGo at an average price of $3,033 per coin. The firm now holds 3.63M ETH, about 3% of supply, moving closer to its 5% target. BitMine plans to stake ETH…
Everdawn labs’ tether-pegged omnichain stablecoin usdt0 has surpassed $50b in transfers across 15 networks, with over one-fifth of volume occurring in the last month. Summary Usdt0, launched in January 2025 via layerzero’s omnichain fungible token standard, extends tether exposure to chains where usdt is not native. The token has processed more than 415,000 transactions across…
Hyperliquid price is facing rising pressure as a major token unlock collides with a weakening multi-month downtrend. Summary HYPE trades near $35 after weeks of declining volume and fading derivatives activity. A $351M cliff unlock for insiders arrives as the token sits inside a vulnerable descending channel. Key support at $33–35 is weakening, raising the…
Mitchell Demeter, CEO of Sonic Labs, explains what layer 1 blockchains need to do today to stay competitive. Summary Layer 1 networks used to compete on speed and transaction costs alone However, with an increased number of chains, the key is user and developer retention Sonic is rolling out several upgrades to reward token holders…
Ethereum’s mainnet has elevated its block gas limit to 60 million, the highest level the network has reached in four years, according to network data. Summary The Ethereum mainnet has raised its block gas limit to 60 million. Over 513,000 validators signaled support for the increase, triggering an automatic adjustment without requiring a hard fork….
XRP, the digital token associated with Ripple, has declined 18% during the current month, bringing the price to a level near significant support zones, according to market data. Summary XRP saw a slight increase in price over the past 24 hours. Analysts suggest that XRP is in a multi-month consolidation phase. XRP’s ETF activity has…
Pi Coin price continued its recent recovery, rising by over 5.8% on Thursday, and reaching its highest level since Oct. 27. Summary Pi Network price could be on the verge of a strong bullish breakout. The developers have invested in CiDi Games and OpenMind. Technicals suggest that a rebound could start soon. Pi Network (PI)…
A crypto market bull run may be on the way as Bitcoin and most altcoins continue their uptrend today, Nov. 27. Summary A crypto bull run could be about to start in the coming weeks or months. The Federal Reserve will likely maintain a dovish tone in 2026. There are signs that the futures open…
