Ethereum L2 fees collapse: Vitalik says most rollups lack purpose
When Layer 2 fees fall below the cost of executing on the L1 itself, the original scaling thesis stops paying out, and dozens of rollups are left searching for a reason to exist.
Every crypto post from the last 24 hours.
When Layer 2 fees fall below the cost of executing on the L1 itself, the original scaling thesis stops paying out, and dozens of rollups are left searching for a reason to exist.
Wintermute's OTC desk sees BTC grinding toward its bear-market low while options markets price a tight 1.9% daily move, with three catalysts, PCE, Iran headlines, and a quarter-end options expiry,…
The directive signals a sharper federal posture on energy antitrust, with the Justice Department now tasked with identifying whether refiners coordinated to push prices higher.
Spot BTC ETFs just printed a record $6B 30-day outflow, and a $10.6B options expiry on Friday puts the $60,000 floor in front of the entire market.
Dividend coverage on STRC preferred has collapsed from over seven years to roughly 14 months as issuance scales; the read is that the treasury flywheel is starting to grind against its own…
The cooperation agreement ends months of governance friction for the BNB treasury firm, with Ella Zhang and Alex Odagiu joining the board as YZi takes a more active ownership stance.
Two large wallets, one freshly opened, withdrew HYPE from institutional custodians in under 24 hours, a textbook sign of self-custody migration ahead of a position build.
The Binance founder's back-to-back posts are a rare live read on a venue that has refused identity checks: the praise is real, the legal warning is louder.
The win extends Fairshake-aligned victories past federal races into state-level Democratic primaries, signaling the industry's political infrastructure is durable enough to swing statehouse contests,…
The chain's mid-year update keeps a 2025 claim on the table: Bitcoin rails still cheaper than card processing, with the company flagging the Lightning Network as the cost driver.
The single-seat spend is the biggest Fairshake has made in a House race so far, and the broader primary haul shows the industry's campaign-finance muscle scaling ahead of a November it has already…
The endorsement matters less for the 1-2% number than for what it signals: BlackRock is now teaching advisors how to position BTC inside a traditional 60/40.
SlowMist's founder reads the on-chain fund flows and lands on a higher number than the project's own preliminary estimate, and a single bad wallet generator is what opened the door.
The OCC-cleared contracts land as prediction markets keep pulling capital from sportsbooks and crypto books, with Interactive Brokers live at launch and Schwab on deck.
When a treasury accumulates that size across two top venues in four hours, it reads less like trading and more like a custody migration tied to the staking build-out.
A nine-hour-old withdrawal is one transaction, not a trend, but a venture firm moving eight figures from an exchange into self-custody typically signals deployment rather than rebalancing.
Aave is bank-sized, but $2.9T in US corporate loans is the addressable market DeFi still can't underwrite without Goldfinch-style blowups.
The chamber cleared a multi-year moratorium on a retail Fed digital dollar, sending the fight to the Senate where central-bank digital currency policy has split both parties.
The 21st Century ROAD to Housing Act cleared the House on Tuesday with a CBDC prohibition tucked in, setting up a near-term ban on a US central bank digital currency through 2030.
Only four times since 2019 has the share of BTC held in profit collapsed this far, and the prior three readings each marked the cycle low to the day.