hodler

2 Oct 2026, 19:19

Ethereum L2 Set for Wind-Down as Operating Costs Beat Revenue

Blast, an Ethereum layer-2 network known for offering yield on Ether and stablecoins, is preparing to shut down its operations, citing unsustainable economics. In a Friday post on X, the Blast team said it sees no “credible path” to keeping the chain financially viable, and urged users to withdraw their assets to Ethereum mainnet. Blast [...]

2 Oct 2026, 18:24

Blast to wind down Ethereum L2 after costs outpace revenue

Once among Ethereum’s largest layer-2 networks by total value locked, Blast is urging users to move their assets to mainnet ahead of the shutdown.

2 Oct 2026, 18:00

Cardano News: Midnight Enters Its Next Phase as Smart Contracts Go Permissionless

Midnight has reached an important point in its mainnet rollout, with permissionless smart contract deployment now live. Developers can deploy contracts directly to Midnight mainnet without first going through a required security review on the Preprod environment. Applications can also deploy contracts on behalf of users, removing another hurdle from the onboarding process. The change

2 Oct 2026, 17:47

Once a $2.3 Billion Network, Ethereum Layer-2 Blast Is Shutting Down

Blast said operating costs now exceed the revenue its Ethereum layer-2 generates and asked users to withdraw their assets to mainnet before Oct. 26.

2 Oct 2026, 17:45

Avalanche Crypto News Today: AVAX Powers Kenya’s 30M Credential Push

Avalanche Crypto News Today: Why Is Kenya Using AVAX for Credentials?Kenya is taking a big step against forged academic papers. The Kenya National Examinations Council (KNEC) is using the Avalanche network to issue, secure and verify national academic credentials on the blockchain. The goal is simpl...

2 Oct 2026, 16:47

Lido EarnUSD fees drop to 0.2% as performance cut rises to 15%

Lido has quietly rewritten the economics behind one of its newer products, cutting the fixed management fee on EarnUSD vaults while raising the cut it takes from actual returns. The change to Lido EarnUSD fees, announced through a post on Lido’s official X account, moves the protocol away from a flat charge on deposits and […]