Ethereum(ETH)

Solana (SOL) investors are on edge after the red-hot altcoin plunged 12% in just 48 hours, wiping out over $112 million in leveraged bets and plunging to $213—its lowest in two weeks.

Upbit, South Korea’s largest crypto exchange by volume, has officially unveiled plans for its proprietary Ethereum Layer-2 network, GIWA, a major leap beyond pure exchange operations and a clear signal that Korean Web3 infrastructure ambitions are heating up.

Kinto Network is shutting down after a $1.55 million hack and failed recovery efforts, causing its token to drop over 80%. Founder Ramón Recuero will return some funds to affected users, but the project could not sustain operations.

While Bitcoin and Ethereum have soared to new price peaks this year, Dogecoin—the market’s leading meme coin—remains over 70% below its 2021 all-time high, with analysts questioning whether DOGE will ever recapture its former glory.

Hong Kong-listed Yunfeng Financial Group, which has ties with Alibaba founder Jack Ma, has made a decisive move towards Web3 after purchasing 10,000 ETH, which has a value of approximately $44 million.

Decentralized exchange Bunni has suffered a $2.3 million exploit on the Ethereum blockchain, exposing persistent vulnerabilities in DeFi protocols and underscoring renewed concerns around smart contract security.

In a landmark vote, the Tron blockchain has executed its largest-ever fee reduction, cutting network transaction costs by 60% to restore affordability and fend off increasing competition in the stablecoin sector.

Global online search interest in altcoins has experienced a notable decline this week, reflecting broader weakening in cryptocurrency markets as Bitcoin and altcoins retraced over the past six days.

DBS has launched its first tokenised structured notes on Ethereum, breaking $100,000 investments into $1,000 units for easier trading. The notes, initially linked to cryptocurrencies, are available to accredited and institutional investors through local digital platforms.

Bitcoin has retraced below $117,000 after reaching an all-time high last week, signaling a pause in upward momentum and growing caution among investors.