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The cost of gas in the main
Ethereum
network has dropped to levels that reduce incentives for using Layer 2.
#ETH
#Layer2
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Top FDV Blockchains Launched this Year — DropsTab data #FDV #AltcoinSeasonComing?
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Terra Luna Founder Do Kwon Sentenced to 15 Years in Prison. 🇺🇸 The United States has officially sentenced Terraform Labs founder Do Kwon to 15 years in federal prison over the historic collapse of TerraUSD (UST) and LUNA, a disaster that wiped out an estimated $40bn in market value and triggered a global crypto meltdown. ⚖️ Court documents show that Kwon pleaded guilty earlier this year to fraud related charges after prosecutors revealed he misled investors about the stability of $UST and secretly propped up the token’s price using hidden trading support. 🌎 The judge condemned the scheme as one of the most damaging in #crypto history, noting billions in losses and life changing financial harm suffered by victims worldwide. 💵 🇰🇷 Do Kwon was also ordered to forfeit over $19M, with potential additional actions still pending in South Korea. ⏰ This sentencing marks a major milestone in crypto regulation, sending a clear message that accountability in the blockchain space is no longer optional. #UST #LUNA #LUNC
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#crypto #markets #overview Speculative surpluses in the crypto market have been eliminated. Lower leverage = healthier market structure + less vulnerability to sharp drawdowns at the end of the year. — Coinbase Institutional Review
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#BTC #crypto #sentiment BTC has no time to bounce back, as FOMO is already in it. The probability of a rollback has increased again — Santiment
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#INJ #crypto Pineapple Financial has begun transferring its $10 billion mortgage portfolio to the Injective blockchain
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