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Blast is shutting down its Ethereum layer-2 network after operating costs exceeded revenue. Users can withdraw through Blast until Oct. 26, after which they must use bridge contracts directly on Ethereum to access their assets.
Blast, the Paradigm-backed Ethereum layer-2 that once held more than $2.3 billion, is shutting down because operating costs exceed revenue. Users can withdraw through Oct. 26 before direct interaction with Ethereum bridge contracts becomes necessary.
Blast is shutting down after its revenue and activity collapsed. Assets on the Ethereum layer-2 network fell from more than $2 billion in June 2024 to $32 million, while users have until Oct. 26 to withdraw through Blast’s interface.
Porsche is ending its Web3 project and Pioneers Circle community nearly four years after launching its 911 NFT collection. The NFTs will remain with holders, but activity has fallen from about $20 million in cumulative volume to roughly $38,000 over the past year.
Ethereum’s zkAPI is now live on mainnet, offering prepaid, privacy-focused payments for AI and other API services. Zero-knowledge proofs can hide a user’s funding deposit, although providers may still see prompts and network metadata.
HIVE executive chairman Frank Holmes says Bitcoin miners could help supply the power, land and computing infrastructure needed for AI. He also describes HIVE’s move from GPU-based cryptocurrency mining toward AI compute and discusses global mining opportunities.
Meta says Muse’s Mac Messages integration requires both Full Disk Access and a separate connector, rejecting a journalist’s claim that the AI synchronized private texts while permission was disabled. A second dispute over a home address has intensified scrutiny of AI-agent privacy controls.
Citigroup has raised its 12-month Bitcoin target to $113,000 and its Ethereum target to $3,028, citing stronger crypto activity, renewed ETF inflows and a supportive macro backdrop. The bank expects $5 billion in crypto inflows over the next year, at a steadier pace.
The post Ethereum Classic (ETC) Price Prediction 2026, 2027-2030: Forecast, Targets & Future Outlook appeared first on Coinpedia Fintech News Story Highlights The live price of the ETC crypto is . Price predictions for...
MetaMask is exiting affected Ethereum validators after an incident diverted an estimated 0.36 ETH in block-production payments. The company reported no immediate threat to wallets, while researchers estimated about 17,000 validators holding 523,000 ETH could face exits and temporary lost rewards.
Uniswap’s StablePair hook uses a configured reference rate and cached pool price to direct fees toward rebalancing trades. But if a stablecoin’s market value genuinely falls, the mechanism cannot restore parity, and fee income may not offset the resulting inventory losses for liquidity providers.
MetaMask is exiting Ethereum validators operated through its staking infrastructure while investigating an undisclosed security incident. The company says it has found no immediate threat to MetaMask wallets, while Lido expects the final affected validators to exit by Oct. 7.
Standard Chartered expects Ethena’s ENA token to reach $2 by 2028, but the forecast depends on USDe recovering from a contraction, reaching $40 billion in supply and generating enough revenue for sustained buybacks.
AllUnity has launched USDAU, a US dollar-pegged stablecoin backed by segregated reserves and issued under the EU’s MiCA framework. The token will debut on six blockchains as Europe debates the influence of dollar stablecoins on its financial system.
Aztec Labs has relaunched zk.money, a self-custodial wallet for private stablecoin payments on its Ethereum layer-2. Transactions inside the wallet hide balances, amounts and recipients, but Ethereum deposits remain public and early users face strict limits.
The post Pudgy Penguins Presents Likely Final Buying Chance Before 44% Breakout appeared first on Coinpedia Fintech News Pudgy Penguins (PENGU), Solana’s top meme coin by market cap ($592.6 million), has printed what is...
Ethereum co-founder Vitalik Buterin has outlined a long-term plan to turn the network into a cryptographic “world computer,” with faster finality, lighter node requirements, stronger privacy and a redesigned consensus and verification architecture.
Ether.fi is ending its final structural link with EigenLayer as restaking yields weaken and risks rise. The protocol is shifting toward cards, borrowing and vaults after the wider sector’s profits and fee generation declined sharply.
