Cointelegraph.com
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Found 11153 news
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Cointelegraph.com - 13:20 Oct 16, 2025
High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde... -
Cointelegraph.com - 13:20 Oct 16, 2025
High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde... -
Cointelegraph.com - 13:20 Oct 16, 2025
High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde... -
Cointelegraph.com - 13:20 Oct 16, 2025
High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde... -
Cointelegraph.com - 13:20 Oct 16, 2025
High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde... -
Cointelegraph.com - 13:20 Oct 16, 2025
High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde... -
Cointelegraph.com - 13:20 Oct 16, 2025
High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde... -
Cointelegraph.com - 13:20 Oct 16, 2025
High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde... -
Cointelegraph.com - 13:20 Oct 16, 2025
High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde... -
Cointelegraph.com - 13:20 Oct 16, 2025
High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde... -
Cointelegraph.com - 13:20 Oct 16, 2025
High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde... -
Cointelegraph.com - 13:17 Oct 16, 2025
Zcash and Dash prices could make an XRP-style comeback as the privacy coin narrative is helping these older “dinosaur” coins break multi-year downtrends. Key takeaways: Zcash and Dash are leading a post-crash “privacy revival,” breaking multi-year downtrends. Monero did not join the rally due to major exchange delistings. Read more -
Cointelegraph.com - 13:00 Oct 16, 2025
What’s the real tension in blockchain, total transparency or total privacy, and how do we unlock both? One of the core tenets of blockchain protocols has been the provision of privacy for users, even if the chains are publicly verifiable and relatively transparent. This is becoming increasingly important as personal privacy rights seem to be eroding, evidenced by the European Union’s recent push for a chat control law that would allow mass scanning of private communications and encrypted messages. The latest episode of The Clear Crypto Podcast delves into the importance of privacy-preserving protocols in conversation with Yannik Schrade, co-founder and CEO of Arcium. Read more -
Cointelegraph.com - 12:52 Oct 16, 2025
BlackRock is expanding into the stablecoin market with a redesigned money market fund, compliant with the new GENIUS Act, to provide a secure reserve vehicle for issuers. BlackRock has redesigned one of its flagship money market funds to meet new US stablecoin rules. The $13.5 trillion asset manager said the revamped fund, called the BlackRock Select Treasury Based Liquidity Fund (BSTBL), will help manage reserves for companies behind US dollar-pegged stablecoins, offering them a safe place to park customer funds, according to CNBC. “We want to be — and we believe we are — a preeminent reserve manager” for stablecoin issuers, Jon Steel, the global head of product and platform for BlackRock’s cash management business, told CNBC. Read more -
Cointelegraph.com - 11:38 Oct 16, 2025
October’s crypto crash has reignited the “Wild West” narrative, but OKX and Standard Chartered are here to prove it’s not the case, OKX Europe’s Erald Ghoos said. Standard Chartered, a major global banking group, is deepening ties with cryptocurrency exchange OKX, becoming its institutional custodian in the European Economic Area (EEA). Standard Chartered and OKX launched a collateral mirroring program in the EEA, allowing local institutional clients to keep their crypto directly in Standard Chartered’s custody, OKX announced on Wednesday. The launch marks an expansion of a pilot initially launched in Dubai in April, aiming to enable institutions to keep their assets with a globally systemically important bank (G-SIB) while mirroring the balances into OKX for trading. Read more -
Cointelegraph.com - 11:03 Oct 16, 2025
The memecoin market lost almost 40% in a day before slightly rebounding, as top tokens like DOGE and SHIB remained deep in the red. The memecoin sector’s market capitalization fell to levels last seen in July, as meme-based tokens struggled to recover from losses incurred during the crypto market’s sharp crash on Friday. CoinMarketCap data showed that on Saturday, the memecoin sector dropped to a low of $44 billion, an almost 40% plunge from $72 billion the previous day. On Sunday, the memecoin market slightly recovered to $53 billion, a level last seen in July before a Solana-based memecoin frenzy ignited the sector’s late-summer rally. Over the last four months, the memecoin market cap has consistently remained above $60 billion, as meme-based tokens have maintained strong retail interest, fueled by Solana and BNB Chain. However, the recent plunge marked a shift in momentum. Read more -
Cointelegraph.com - 10:58 Oct 16, 2025
Despite recent all-time highs and volatility, search interest for “Bitcoin” on Google remained low as the crypto sentiment index returned to “fear.” Key takeaways: Bitcoin retail interest lags despite 2025 all-time highs. Declining spot demand shows a “shift into bearish conditions.” Read more -
Cointelegraph.com - 10:52 Oct 16, 2025
The Trump family’s crypto ventures have generated over $1 billion in profit, led by World Liberty Financial and memecoins including TRUMP and MELANIA. US President Donald Trump’s second term in office has coincided with an extraordinary increase in his personal wealth, much of it linked to a sprawling cryptocurrency empire built by the president and his family. According to a Financial Times investigation, Trump’s crypto ventures have generated more than $1 billion in pre-tax profit over the past year. Trump’s son, Eric, confirmed to the outlet that the family’s actual profits were “probably more.” At the center of this new fortune is World Liberty Financial, a crypto company founded by Trump’s sons and allies, which has sold billions of dollars in tokens and stablecoins. The project, whose website identifies President Donald Trump as “co-founder emeritus,” launched last year with plans for a crypto-lending app. Read more -
Cointelegraph.com - 09:53 Oct 16, 2025
SEC Chair Paul Atkins said the US is a decade behind on crypto and that building a regulatory framework to attract innovation is “job one” for the agency. During a recent event in Washington, DC, US Securities and Exchange Commission (SEC) Chair Paul Atkins said the United States is a decade behind in crypto and that addressing the issue is a priority for the regulator. During the DC Fintech Week event on Wednesday, Atkins said he thinks the United States is “probably 10 years behind” on cryptocurrency. “The crypto aspect is our job one,” he said. Atkins said the SEC aims to “build a strong framework to actually attract people back into the United States who may have fled.” The agency wants this framework to allow innovation to thrive. Read more -
Cointelegraph.com - 09:39 Oct 16, 2025
After acquiring NinjaTrader for $1.5 billion, Kraken expands its derivatives offerings in the US with a $100 million acquisition of Small Exchange. Cryptocurrency exchange Kraken has expanded its derivatives trading offering in its home jurisdiction through a new acquisition. Kraken acquired Small Exchange, a designated contract market maker (DCM), from the trading company IG Group for $100 million, the company announced on Thursday. With the DCM licensed by the US Commodity Futures Trading Commission (CFTC), the Small Exchange acquisition authorizes Kraken to build markets for exchange-listed derivatives in the US. Read more
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