CryptoBreakingNews

Ethereum L2 “Blast” plans wind-down as operating costs exceed revenue
Ethereum layer-2 network Blast is winding down, with its team saying it can’t cover the operating costs required to run the chain from the revenue it generates. In an announcement posted on X on Friday, th...

Porsche Wraps Up Web3 ‘Long Haul’ Project in Under Four Years
Porsche has announced it is winding down its Web3 initiative and the “Pioneers Circle” community launched alongside its Porsche 911 NFT collection. The automaker said the program is ending nearly four years after ...

Sec Unveils Crypto Custody Plan As Advisers Gain Potential Path To Self-Custody
The SEC has proposed custody rules that would allow advisers to use self-custody when qualifying custodians can’t hold certain crypto assets, under additional controls and a formal public comment...

Arthur Hayes Says Money Printing Persists as Wall Street Moves On-Chain
Arthur Hayes, chief investment officer at Maelstrom, argued at Cointelegraph’s CONNECT by Cointelegraph: Seoul Edition during Korea Blockchain Week that US policymakers may ultimately have to rely on add...

Ethereum L2 Set for Wind-Down as Operating Costs Beat Revenue
Blast, an Ethereum layer-2 network known for offering yield on Ether and stablecoins, is preparing to shut down its operations, citing unsustainable economics. In a Friday post on X, the Blast team said it sees no...

Lloyds Survey: 71% of UK Finance Leaders Expect Tokenization Impact
Tokenization is moving from experiments to mainstream expectation in the UK financial sector, according to a new survey by Lloyds Banking Group. Nearly three-quarters of senior decision-makers at major UK ba...

Crypto Sees Billions Return as Trading Premiums Fade
Crypto fundraising and public-market plans are restarting, but the investor appetite that once rewarded crypto balance sheets at steep premiums appears to be fading. New reporting points to sharply different valuations for...

EU Stablecoin Rule Too Narrow: Issuers Push for USD Tokens
European stablecoin issuers are positioning regulated US dollar tokens as a complement to, rather than a replacement for, euro-pegged offerings. Their argument: cross-border commerce still runs on dollar liquidity, a...