😏 Ethereum Foundation Slashes Budget by 40%
Vitalik Buterin revealed that the Ethereum Foundation will cut its annual spending by around 40% this year. As part of the shift, the Privacy and Scaling Explorations (PSE) team will be disbanded, and the foundation’s institutional approach will be streamlined.
Future Devcon events will be smaller and more cost-effective, with greater emphasis placed on targeted developer groups—particularly those leveraging AI for formal code verification. Currently, the foundation spends roughly 15% of its reserves each year, but plans to reduce that to just 5% annually after 2030.
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Vitalik Buterin revealed that the Ethereum Foundation will cut its annual spending by around 40% this year. As part of the shift, the Privacy and Scaling Explorations (PSE) team will be disbanded, and the foundation’s institutional approach will be streamlined.
Future Devcon events will be smaller and more cost-effective, with greater emphasis placed on targeted developer groups—particularly those leveraging AI for formal code verification. Currently, the foundation spends roughly 15% of its reserves each year, but plans to reduce that to just 5% annually after 2030.
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Senate signals crypto tax regulations could be introduced earlier than anticipated.
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🔗 OnChain: $ETH
Machi Big Brother has been liquidated seven times in the last 24 hours — yet still maintains a 1,100 ETH long position, currently worth $1.82M. The new liquidation price for this trade stands at $1,635.71.
0x020cA66C30beC2c4Fe3861a94E4DB4A498A35872
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Machi Big Brother has been liquidated seven times in the last 24 hours — yet still maintains a 1,100 ETH long position, currently worth $1.82M. The new liquidation price for this trade stands at $1,635.71.
0x020cA66C30beC2c4Fe3861a94E4DB4A498A35872
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Binance confirms it will remain in the EU and is preparing to reapply for a crypto license following its initial setback.
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Gold prices dip below $4,000/oz for the first time since November 2025
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🔴 #BTC Long position liquidated: $1.64M at $61,338.01
🔴 #BTC Long position liquidated: $1.53M at $61,332.77
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🔴 #BTC Long position liquidated: $1.53M at $61,332.77
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Gate Stocks is now live with 24/7 trading for U.S., Hong Kong, and Korean stocks — available exclusively on our platform.
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🔴 #BTC Long liquidation: $12M at $60,055.97
🔴 #ETH Long liquidation: $5.17M at $1,615.16
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🔴 #ETH Long liquidation: $5.17M at $1,615.16
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$12.6 trillion giant Charles Schwab officially launches Bitcoin trading.
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⚡️ BREAKING: Kalshi, the prediction markets platform, is reportedly in talks to raise new funding at an astonishing $40 billion valuation.
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📉 MemeCore Token Crashes 74%, Wipes Out $3B in Market Cap
MemeCore (M) has plummeted 74%, tumbling from $2.92 to a low of $0.51 before recovering slightly to $0.74. Market cap evaporated by $3 billion, and the team remains silent.
Back in April, ZachXBT highlighted red flags: $7.9 million pulled into 18 fresh wallets, insiders inflating price toward a $6B valuation, 200 million M funneled to the team at launch, and artificial buzz fueled by paid promotions and suspicious launchpad volume.
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MemeCore (M) has plummeted 74%, tumbling from $2.92 to a low of $0.51 before recovering slightly to $0.74. Market cap evaporated by $3 billion, and the team remains silent.
Back in April, ZachXBT highlighted red flags: $7.9 million pulled into 18 fresh wallets, insiders inflating price toward a $6B valuation, 200 million M funneled to the team at launch, and artificial buzz fueled by paid promotions and suspicious launchpad volume.
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😊 Saylor’s Bonds Trading 20% Below Par
Saylor’s bonds are now trading at $80, a 20% discount to their $100 face value. Despite holding $1.4B in cash and secured payments for the next 12–13 months, over $10B in outstanding bonds are facing similar discounts.
Yesterday, 9% of the open interest was added to short positions in just four hours. Confidence in the tight-knit crypto market is still fragile.
Is Saylor waiting for a 20–30% markdown before stepping in to buy?
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Saylor’s bonds are now trading at $80, a 20% discount to their $100 face value. Despite holding $1.4B in cash and secured payments for the next 12–13 months, over $10B in outstanding bonds are facing similar discounts.
Yesterday, 9% of the open interest was added to short positions in just four hours. Confidence in the tight-knit crypto market is still fragile.
Is Saylor waiting for a 20–30% markdown before stepping in to buy?
✅ Follow @cryp
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🔋 What if sending money globally felt like downloading a new ability?
Stablegate lets you convert USDT to EUR, USD, or CHF seamlessly — with funds verified *before* sending. Enjoy fast, clean bank deposits.
➡️ From 0.3% fees | No FX markup | No setup costs
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🪙 Built for fintechs, startups, exporters, crypto firms, family offices & wealth managers.
By the creators of EURS (2018), the first euro-backed stablecoin. Swiss-regulated (VQF), €2B+ processed, 150+ countries.
The wire works. The system around it doesn’t.
👉 Open your account
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#Fintech #Crypto #Payments
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Stablegate lets you convert USDT to EUR, USD, or CHF seamlessly — with funds verified *before* sending. Enjoy fast, clean bank deposits.
➡️ From 0.3% fees | No FX markup | No setup costs
➡️ Pre-cleared funds, no post-freeze delays
➡️ Settlement in hours, onboarding in <1 day
➡️ Full tracking via Stablegate Skill
🪙 Built for fintechs, startups, exporters, crypto firms, family offices & wealth managers.
By the creators of EURS (2018), the first euro-backed stablecoin. Swiss-regulated (VQF), €2B+ processed, 150+ countries.
The wire works. The system around it doesn’t.
👉 Open your account
👉 See AI payment integration or book a 15-min CEO chat
#Fintech #Crypto #Payments
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🤯 Immutable Pivots from Game Development to AI-Powered Tools
Immutable (IMX) is stepping back from in-house game development—cutting almost its entire team and shifting to outsourced projects. The company is now doubling down on Immutable Audience, a suite of AI tools designed to boost player acquisition, retention, and monetization.
While Gods Unchained will keep moving forward, Guild of Guardians transitions to maintenance mode. The broader Web3 gaming sector still grapples with user retention, scalability, and sustainable revenue. Instead of building games, Immutable is increasingly positioning itself as an enabler—selling AI-driven solutions to others in the space.
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Immutable (IMX) is stepping back from in-house game development—cutting almost its entire team and shifting to outsourced projects. The company is now doubling down on Immutable Audience, a suite of AI tools designed to boost player acquisition, retention, and monetization.
While Gods Unchained will keep moving forward, Guild of Guardians transitions to maintenance mode. The broader Web3 gaming sector still grapples with user retention, scalability, and sustainable revenue. Instead of building games, Immutable is increasingly positioning itself as an enabler—selling AI-driven solutions to others in the space.
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🇺🇸 US revises Q1 GDP growth upward to 2.1%, up from the previous 1.6%.
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Over $1.48 billion in crypto positions were wiped out in the past 24 hours amid surging selling pressure.
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⚡️ BREAKING: apxUSD, a synthetic stablecoin largely backed by $STR through combust>STR, has plunged nearly 36% off its peg and is now trading under $0.80.
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