Ethereum

The Ethereum Foundation dismissed 54 employees and reduced its annual budget by roughly 40 percent on June 23 as part of a reorganization. The cuts follow the launch of EthLabs, a new research organization, the previous day. Officials described the changes as a shift toward a leaner structure focused on core protocol priorities.

June 22, 2026 Ti AI ṣe iroyin

Taiko, an Ethereum layer-2 network, halted block production after an attacker exploited its bridge to steal about $1.7 million. The team urged users to withdraw funds from all bridges on the network.

Ethereum fell to $1,506, its lowest price since April 2025, as spot ETF outflows exceeded $870 million over four weeks. The decline coincides with rising exchange deposits and deleveraging in derivatives markets.

June 06, 2026 Ti AI ṣe iroyin

James Wo, founder of crypto investment firm DFG, has rejected predictions of a massive rise in Ether's price. He argues that Bitcoin holds stronger institutional appeal.

Major cryptocurrencies declined over the past week while the S&P 500 extended its longest weekly winning streak since 2023. Bitcoin and ether fell nearly 3 percent each amid softer inflows into spot bitcoin exchange-traded funds. Smaller tokens such as Hyperliquid's HYPE provided the only notable gains.

May 27, 2026 Ti AI ṣe iroyin

SoFi has introduced its dollar-backed stablecoin SoFiUSD to nearly 15 million members through its banking app. The token is available on Ethereum and Solana and is redeemable one-to-one for U.S. dollars via SoFi Bank.