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...
Bybit Dumped XRP for a Month Straight. Now the Tables Have Turned.
XRP exchange-flow data shows Bybit’s month-long deposit streak ended around May 16 as Binance and Coinbase shifted into net withdrawal territory. Something shifted in XRP’s exchange behavior around mid-May. Not dramatically. Quietly. The kind of change that only shows up when you’re tracking transaction-level delta across platforms. According to on-chain...
Kraken and Coinbase User Reportedly Loses $6.7M in Crypto After Suspected Physical Attack
A Kraken and Coinbase user reportedly lost $6.7 million in crypto after a suspected physical attack, while stolen funds moved through Tornado Cash. A cryptocurrency user reportedly lost nearly $6.7 million after a suspected physical attack. According to on-chain investigator Specter, the attackers withdrew money from accounts associated with Kraken...