adminBotanix Pulls Plug on Bitcoin L2 After 4 Years as Fee Income Falls Short
In recent developments, bitcoin layer-two ( L2) network Botanix is winding down its operations after four years and has set a hard deadline of July 9, 2026, for users to…
XRP Fees Collapse 91.5% as Network Demand Flashes Warning
In recent developments, xRP’s 90-day network fee average has plunged 91.5%, with Glassnode data pointing to a sharp drop in real transaction demand despite earlier price strength. The trend suggests…
Expert Flags Bitcoin’s First Hashrate Bear Market as Network Sheds 145 EH/s
In recent developments, with bitcoin prices sliding to levels not witnessed since February, the network’s hashrate has undergone a steep contraction, with 145 exahash per second (EH/s) exiting the system…
JPMorgan, Citi-backed Clearing House plans tokenized deposit network in 2027:…
In recent developments, some of the largest banks are reportedly launching a tokenized deposit network in early 2027 in response to growing competition from stablecoin companies entering TradFi. Looking closer,…
UK treats crypto network like a sanctioned bank after claims it processed $90…
In recent developments, western governments spent three years building what they believed was an airtight financial blockade around Russia, severing its banks from SWIFT, freezing sovereign reserves, and barring major…
On-Chain Data Suggests XRP Still Overvalued Despite Weak Price Action — Mor…
In recent developments, the crypto market seems to be returning to its bearish structure as the year’s second quarter has worn on, with large-cap assets taking most of the hit…
Sui Network Hits Third Transaction Halt in 48-Hour Outage Wave
In recent developments, according to the Sui network’s official status page, the blockchain is facing a “major outage” as it has stopped processing user transactions. The Sui team explained that…
Sui network temporarily stalls again after Thursday’s outage
In recent developments, the outage was caused by the same network update software bug that disrupted the protocol on Thursday, which resulted in nearly six hours of downtime. Looking closer,…
Sui Network Suffers 6-Hour Outage Following 1.72 Upgrade Bug
In recent developments, the Sui blockchain experienced a nearly six-hour network stall, halting all onchain block production. The disruption marks the second major downtime event for the high-throughput network this…
Sui Network back online after ‘crash bug’ causes 6 hour outage
In recent developments, the Sui mainnet has resumed after a bug in a network update took it offline for 5 hours and 55 minutes. The development has drawn attention from…