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A $1 Billion Fix for Ethereum? Dev Proposes a Radical New Organization to Save ETH

Simon Dedic, Founder and Managing Partner at Moonrock Capital and an early Ethereum supporter, stated that he could not ignore the departure of individuals such as Tim Beiko, Josh Stark, Barnabé Monnot, Trent Van Epps, and Carl Beek, calling the situation “a red flag.”　　“The infrastructure circle jerk and the idealistic cypherpunk phase of selling delusional dreams in was great and fun, but it‘s over,” he concluded, and criticized Ethereum’s lack of business focus.　　Laura Shin, host of the Unchained podcast, also stated that Ethereums failure to consider ETH tokenomics with updates that hurt the “ultrasound money” narrative.　　“When the main offering becomes ideology/communism and money/tokenomics/capitalism are overlooked, the peasants are going to revolt — as theyve been doing for two years now,” she assessed.　　She criticized the Ethereum ecosystems “rest on its laurels” attitude, as the crypto ecosystem is currently experiencing a fierce battle for adoption and market share.　　Dankrad Feist, an Ethereum developer and collaborator, floated a proposal to save Ethereum by creating an alternate organization economically aligned with Ethereum. This organization would have an initial funding of at least $1 billion, with a competent leader and a board to make it accountable for its actions.　　This new structure would also be self-funded through

05-25

Ethereum (ETH) Price Slips Below $2,100 as Bitmine Accumulates 60,000 ETH Amid Market Turbulence

However, institutional accumulation patterns remain robust. Tom Lee‘s Bitmine executed a substantial purchase of 60,000 ETH — approximately $126 million — within just 24 hours, as reported by blockchain analytics service Onchain Lens. The company’s total position now exceeds 5.33 million ETH, accounting for more than 4.3% of Ethereums circulating supply.　　THESE WHALES JUST BOUGHT $125M ETH　　Two Fresh ETH Whale addresses just withdrew $125.91M ETH from Kraken and Bitgo this morning. Their purchase patterns match prior purchase patterns of Bitmine.　　This latest acquisition follows Bitmines $154 million ETH purchase earlier in the week. Lee has characterized the recent price decline below $2,200 as an “attractive opportunity” for accumulation. The firm is actively staking more than 4.7 million ETH from its holdings, generating approximately $289 million in annualized staking rewards.　　Critical Liquidity Zones Identified by Market Analysts　　Blockchain analyst Ted has outlined significant liquidity concentrations surrounding ETH‘s present trading range. Ted’s analysis reveals short-position liquidity accumulating at the $2,400 and $2,600 resistance levels. Conversely, long-position liquidity is concentrated at $1,700 and $1,900 support zones. These liquidity pockets typically serve as price magnets, and Ted has posed the question to the trading community about which direction ETH will gravitate toward first.　　$ETH has a few large liquidity

05-25

HYPE Hits New All-Time High as BTC, ETH, and XRP Rebound: Weekend Watch

Bitcoin Ethereum　　HYPE Hits New All-Time High as BTC, ETH, and XRP Rebound: Weekend Watch　　3 hours ago　　Bitcoin Ethereum News　　The other massive gainers today include NEAR, WLD, MORPHO, and ONDO.　　;　　}　　function loadTrinityPlayer(targetWrapper, theme,extras=“”) {　　cleanupPlayer(targetWrapper); // Always clean first ✅　　targetWrapper.classList.add(‘played’);　　// Create script　　const scriptEl = document.createElement(“script”);　　scriptEl.setAttribute(“fetchpriority”, “high”);　　scriptEl.setAttribute(“charset”, “UTF-8”);　　const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/？themeAppearance=${theme}${extras}`);　　scriptURL.searchParams.set(“pageURL”, window.location.href1);　　scriptEl.src = scriptURL.toString();　　// Insert player　　const placeholder = targetWrapper.querySelector(“.add-before-this”);　　placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);　　}　　function getTheme() {　　return document.body.classList.contains(“dark”) ？ “dark” : “light”;　　}　　// Initial Load for Desktop　　if (window.innerWidth 768) {　　const desktopBtn = document.getElementById(“desktopPlayBtn”);　　if (desktopBtn) {　　desktopBtn.addEventListener(“click”, function () {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),　　});　　}　　}　　// Mobile Button Click　　const mobileBtn = document.getElementById(“mobilePlayBtn”);　　if (mobileBtn) {　　mobileBtn.addEventListener(“click”, function () {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),　　});　　}　　function reInitButton(container,html){　　container.innerHTML = + html;　　}　　// Theme switcher　　const destroyButton = document.getElementById(“checkbox”);　　if (destroyButton) {　　destroyButton.addEventListener(“click”, () = {　　setTimeout(() = {　　const theme = getTheme();　　if (window.innerWidth 768) {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if(desktopWrapper.classList.contains(‘played’)){　　loadTrinityPlayer(desktopWrapper, theme,　　}else{　　reInitButton(desktopWrapper,‘’)　　const desktopBtn = document.getElementById(“desktopPlayBtn”);　　if (desktopBtn) {　　desktopBtn.addEventListener(“click”, function () {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,‘　　});　　}　　}　　} else {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if(mobileWrapper.classList.contains(‘played’)){　　loadTrinityPlayer(mobileWrapper, theme,　　}else{　　const mobileBtn = document.getElementById(“mobilePlayBtn”);　　if (mobileBtn) {　　mobileBtn.addEventListener(“click”, function () {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,　　});　　}　　}　　}　　}, 100);　　});　　}　　})();　　After losing roughly $8,000 in just over a week, bitcoins price finally rebounded in the past day after more promising developments on the US-Iran peace front.　　Most altcoins have followed suit, helping the total crypto market cap regain over $80 billion since

05-25

Ethereum Foundation defender says critics miss its real job

Blockchain researcher William Mougayar defended the Ethereum Foundation after months of criticism over ETH sales, unstaking activity, and limited public communication.William Mougayar said critics misread the Ethereum Foundation by treating it like a marketing team.Recent Foundation sales to BitMine totaled 25,000 ETH across three OTC deals lately.Separate reports showed 38,305 ETH unstaked from Lido and earlier queues during recent treasury moves.　　Mougayar said critics often judge the Ethereum Foundation by the wrong standard. In his X post titled “Leave the Foundation Alone,” he argued that the group serves the protocol rather than ETHs market price.　　He said ETH, Ethereum, and the Ethereum Foundation are separate parts of the ecosystem. He described ETH as money, Ethereum as shared compute, and the Foundation as a non-profit working to reduce its own role over time.　　ETH sales keep drawing questions　　The defense comes as the Foundation faces questions over its treasury activity. Related coverage reported that it sold 10,000 ETH to BitMine on May 1 at an average price of $2,292 per ETH.　　That sale followed another 10,000 ETH sale to BitMine one week earlier and a 5,000 ETH sale in March. The March deal was priced at $2,042.96 per ETH and was also done through an OTC

05-25

XRP users warned as fake Xaman airdrop scams spread

XRP Ledger developer and Xaman founder Wietse Wind renewed a warning to XRP users after scam accounts again targeted the wallets brand. Xaman founder Wietse Wind said fake desktop wallet and airdrop scams are targeting XRP users.More than 20 scam X accounts and 10 fake domains now appear daily, Wind said.Related reports said David Schwartz warned XRP users about fake airdrops and impersonators across platforms.　　His latest post said fake Xaman accounts and websites continue to promote a desktop wallet and airdrop that do not exist.　　The warning follows a similar alert from Ripple CTO Emeritus David Schwartz earlier this month, when he said fake airdrops, giveaways, and impersonators had increased across the XRP Ledger community. The fresh notice keeps attention on social engineering risks around XRP wallets.　　Fake Xaman accounts target XRP users　　We report them all. New ones pop up　　He warned users in direct terms: “There is no desktop wallet! No airdrop!” He added that the team reports the accounts, but new ones continue to appear. The message was aimed at users who may see fake links in replies, posts, or search results.　　Scammers push fake wallet downloads　　The fake campaigns often use copied branding to make users believe they are dealing with Xaman.

05-25

How the StablR exploit drained $10.4M via unbacked stablecoin issuance

Selling pressure accelerated immediately once the unbacked supply entered circulation across thinner decentralized liquidity pools. EURR then collapsed toward roughly $0.86, while USDR slipped beneath the broader $0.80 region as traders rushed toward exits.　　Attackers eventually swapped nearly $10.4 million worth of newly minted tokens and extracted around 1,115 ETH beneath deteriorating liquidity conditions.　　The exploit reinforced how weaker operational safeguards can destabilize stablecoin trust faster than traditional code vulnerabilities during stressed market environments and volatile liquidity conditions.　　Stablecoin trust shifts toward governance security　　The StablR exploit had already exposed how weak governance controls can quickly damage stablecoin confidence during active market conditions. Institutions later became more cautious once repeated exploits exposed deeper weaknesses across minting and approval systems.　　Peg stability now hinges on how securely issuers manage token creation and reserve access. Capital is shifting toward stablecoins with stronger wallet protections and stricter approval rules.　　While reserve backing continues to support confidence, long‑term trust and institutional participation increasingly depend on robust operational safeguards across global stablecoin markets.

05-25

NuScale Power (SMR) Stock Surges Following Amazon Partnership — Major Funding Decision Looms

Shares experienced a notable uptick last week following Amazons announcement of agreements to utilize small modular reactor technology for its artificial intelligence data center operations. NuScale, recognized as a leading player in the SMR sector, benefited from the resulting positive sentiment.　　Trading activity in SMR reached 30.2 million shares on the day Amazon revealed its plans, compared to the typical 28.9 million daily average — demonstrating the markets responsiveness to developments in this emerging sector.　　However, the potentially more significant catalyst may originate from Eastern Europe.　　This past February, Romania‘s energy minister revealed a Final Investment Decision regarding NuScale’s 462-megawatt SMR facility in Doicești. The initiative aims to replace 600 MW of coal-fired generation with clean, reliable power utilizing six NuScale reactor modules.　　This decision advanced the project beyond the analytical stage into active implementation. The remaining requirement is securing financial backing.　　Romanian Prime Minister Ilie Bolojan estimated construction expenses could reach $7 billion. He maintained a measured tone regarding the timeline, noting the funding structure remained under development and that “the complexity of such projects and the technology being in early days” indicated the investment wouldnt materialize instantly.　　Yet Romanias energy minister provided more concrete timing guidance: the financing process would require approximately six months

05-25

Cardano governance fight grows as Hoskinson audits 11,000 DAOs

Cardano founder Charles Hoskinson has started a broad review of more than 11,000 decentralized autonomous organizations as debate grows over how the network should fund research, product work, and future governance changes. Hoskinson is reviewing 11,000 DAOs to study governance design, roadmaps, executive function, and strategy setting.Crypto.news reported 81% active stake opposed a 32.9 million ADA research funding proposal this week.DefiLlama showed Cardano chain revenue near $517, adding pressure to funding and ecosystem growth debates.　　The review comes during a tense period for Cardanos treasury system and its 2027 constitution process.　　Hoskinson said he has begun a governance review covering more than 11,000 DAOs and a decade of research inside and outside crypto. He said the work will study executive function, roadmap control, and strategy setting across different governance models.　　I‘ve begun a comprehensive governance review of over 11,000 DAOs and a decade of literature in and out of our space to study executive function, roadmap, and strategy setting. The goal will be to propose some ideas to add new features to Cardano’s governance via the constitution…　　He added that the goal is to suggest new features for Cardano governance through the constitution and new technology. He also said he may become a delegate

05-25

Coherent (COHR) Stock Skyrockets on Nvidia Deal and Quarterly Results

The partnership with Nvidia represents far more than simply capital infusion. This agreement demonstrates that a dominant player in the artificial intelligence sector is making a direct commitment to Coherents technological capabilities.　　Executives disclosed that orders for the companys AI-oriented optical transceivers now extend through 2028. Such extended revenue visibility is uncommon in the industry and provides shareholders with substantial clarity regarding future financial performance.　　Coherent manufactures optical modules and transceivers — essential components that transform electrical signals into optical signals enabling rapid data transmission within data center environments. As AI workloads continue expanding, the requirement for faster, higher-capacity networking infrastructure has elevated these components to mission-critical status.　　Bank of America increased its price objective for COHR shares after reviewing the quarterly results, joining a growing chorus of Wall Street analysts expressing optimism about the companys prospects. Industry observers increasingly recognize Coherent as an essential provider for emerging AI infrastructure deployments.　　Robust Order Book and Manufacturing Improvements　　Exceptional bookings announced during late 2025 indicated substantial customer demand ahead of the most recent quarterly report. These bookings represent firm commitments rather than preliminary inquiries, establishing a defined revenue trajectory through fiscal 2026 and extending into 2027.　　Supply chain dynamics have shown meaningful improvement. Following challenges similar to

05-25

Tema Space Innovators ETF (NASA) Reaches $1 Billion Milestone in Record Time

Tema Space Innovators ETF, NASA　　Launching on March 31 with just $1 million in initial seed funding, the fund has since expanded to $1.27 billion in total assets.　　Since its debut, the ETF has delivered a 46% return, significantly outperforming competitors UFO (up 32%) and ARKX (up 17%) during the identical timeframe. The only space-sector fund posting stronger results is the Roundhill Space & Technology ETF (MARS), which gained 53% over this period.　　The primary attraction for NASA is straightforward: it remains the sole space ETF providing access to SpaceX.　　Following SpaceX‘s S-1 filing on Wednesday in preparation for next month’s anticipated public offering, investor interest surged dramatically. The fund attracted $375 million in assets in just one trading session.　　SpaceX Public Offering Anticipation Drives Capital Inflows　　The impending SpaceX public offering has emerged as among the most eagerly awaited market debuts in recent memory. For those seeking early exposure before shares begin trading publicly, NASA has represented the sole ETF pathway.　　This unique positioning has propelled NASA ahead of more established competitors. UFO, despite its longer market presence, currently manages $972 million in assets. ARKX holds $944 million. While both funds have experienced solid inflows—$456 million and $143 million respectively in 2024—neither approaches NASAs extraordinary growth

05-25

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