Ninety-three percent of the 3,200 Web3 gaming projects that attracted venture capital between 2020 and 2026 are now effectively dead. A Caladan analysis published in April 2026 identified the consistent cause: token-first models that turned gameplay into a speculative financial loop collapsed once new buyer inflows slowed. The sector burned...
Qivalis Wins Major Banking Alliance to Boost Euro Stablecoin Adoption
Qivalis secures support from 37 European banks to launch a euro stablecoin backed 1:1 with euro reserves under EU crypto regulations. Qivalis has received strong support from 37 European banks. This move aims to increase euro stablecoin adoption across Europe. According to the Financial Times, the project is based in...
Ethereum Enters Key Accumulation Zone As Yields Peak And Sentiment Weakens
Ethereum enters a key accumulation zone near $2,129 as ETH/BTC nears support, yields peak, and sentiment weakens. Ethereum has entered a key accumulation zone after a deep correction, as weak sentiment, rising yields, and technical pressure shape the market outlook. The Ethereum price is trading near lower range support, while...
Sui Launches Gasless Stablecoin Transfers With Support From Fireblocks
Grand Cayman, Cayman Islands, May 20th, 2026, Chainwire A new protocol-level feature enables peer-to-peer stablecoin transfers on Sui without requiring users to hold SUI, dropping current stablecoin transfer fees to $0.00. Sui, where money moves as freely as messages, today announced the launch of gasless stablecoin transfers, a new protocol-level...
Arthur Hayes Urges Trump To Veto CLARITY Act And Defend Bitcoin Ethos
Arthur Hayes urges Trump to veto the CLARITY Act, saying Bitcoin and crypto should not rely on regulation to survive. BitMEX founder Arthur Hayes said he hopes Trump vetoes the CLARITY Act, citing concerns over Bitcoin’s core purpose. Speaking in a May 13 interview with The Wolf Of All Streets,...
Six Days In, Hyperliquid ETFs Are Already Reshaping HYPE Demand
Hyperliquid spot ETFs outpaced Ethereum inflows on five of the first six trading days after launch. On day six, HYPE ETF inflows surpassed every peer product, signaling growing institutional buying demand. Hyperliquid ETFs generated 2.5x the buying pressure of the Assistance Fund in just six trading days. Six days into...
L2BEAT Just Removed a Major Trust Risk From This Ethereum L2
L2BEAT independently regenerated all ZK circuits for Lighter’s desert verifier, confirming it matches the deployed contract on Ethereum. Lighter’s desert mode circuit sources were unavailable until recently, leaving users unable to exit funds without relying on the team. Users can now run the build script locally to verify ZK circuits...
Tether Expands Crypto Empire With Major Twenty One Capital Move
Tether International acquired SoftBank’s stake in XXI, becoming the dominant shareholder of the Bitcoin-focused company. SoftBank’s board representatives stepped down at closing, reshaping XXI’s governance ahead of its next development phase. Tether CEO Paolo Ardoino confirmed deepened conviction in XXI, calling it a top opportunity to build a Bitcoin-native public...
GitHub Got Hit Through a Poisoned VS Code Extension Nobody Saw Coming
A poisoned VS Code extension breached GitHub’s internal repositories. Around 3,800 repos may be exposed as GitHub rotates secrets and investigates the attack. A single employee’s device. That was the way in. GitHub confirmed it detected and contained a compromise involving a poisoned VS Code extension installed on an internal...
Something Broke Inside Ethereum While Bitcoin Kept Absorbing the Hits
On-chain data reveals a sharp Bitcoin Ethereum divergence in taker volume. Bitcoin buyers hold ground while Ethereum sellers take full control. Bitcoin dropped from $82,000 to around $77,000 between May 11 and May 18. Ethereum fell from $2,400 to $2,100 over a longer stretch starting in April. Two price declines,...