BitcoinEthereumNews·
The post Cardano Price Climbs, but Its DeFi Engine Is Quietly Collapsing appeared on BitcoinEthereumNews.com. Cardano’s biggest problem right now is not ADA’s price, which is rising, but the DeFi economy beneath it, which is falling apart. App-level fees, the revenue that DeFi protocols actually earn, dropped 67.1% over the past 30 days, even as the Cardano price gained about 3.6%. That combination is the story. A token can surge while the network built on it quietly empties out, and Cardano is doing exactly that. The Cardano Price Rises While the Apps Empty Out ADA trades near $0.167, up roughly 3.6% on the month and still holding 18th by market value at about $6.2 billion. On the chart, the month looks fine. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Underneath, the picture reverses. The chain’s own gas fees fell 35.7% over 30 days, but the fees earned by DeFi apps fell almost twice as fast, down 67.1%. When app revenue drops
Read full articleEthena's strategic asset deployment and partnerships enhance DeFi liquidity, but yield sustainability hinges on favorable market conditions. The post Ethena’s USDe deposits surge to $324M on Morpho in four weeks appeared first on Crypto Briefing.
Beefy's autocompounding vaults enhance DeFi efficiency, offering investors streamlined yield maximization and reduced risk exposure. The post Beefy launches autocompounding vaults for Aave with up to 9% APY appeared first on Crypto Briefing.
The post Charles Hoskinson Slams Cardano Exit Rumors: “A Complete Lie” appeared on BitcoinEthereumNews.com. Founder Charles Hoskinson has denied rumors that he is retiring from Cardano. He blamed influencers and edited videos for spreading false narratives about his departure. Hoskinson reaffirmed his commitment to Cardano, highlighting upcoming projects. Cardano founder Charles Hoskinson has dismissed rumors that he is retiring or stepping away from the Cardano ecosystem, calling the claims “a complete lie” and “a complete fabrication.” In a video posted this week, Hoskinson said false reports had spread so widely that even a London taxi driver familiar with Cardano mentioned hearing that he was retiring. He also said executives at one of Cardano’s partner companies had been told he was leaving the project. Hoskinson blamed influencers for spreading edited clips, reaction videos, and out-of-context content that falsely claimed he had described Cardano as a failing project before decid
The post What is Robinhood Chain? The broker’s L2 explained appeared on BitcoinEthereumNews.com. Robinhood launched its own blockchain in July 2026, an Ethereum layer 2 where tokenized stocks trade around the clock and plug into DeFi as collateral. This guide explains what Robinhood Chain actually is, how it works under the hood, what Stock Tokens are and who can use them, how the chain differs from Base and the other corporate networks, and what it means for users, builders, and the industry’s biggest open questions. On July 1, 2026, one of the largest retail brokers in the United States switched on its own blockchain. Robinhood Chain launched its public mainnet at a London keynote, carrying 95 tokenized stocks that trade 24 hours a day, a suite of DeFi protocols live from day one, and access wired directly into the Robinhood Wallet used across 120 countries. Within a week the chain had processed roughly 4 million transactions, gathered over $240 million in deposits, and produced a la
Robinhood Chain is an Arbitrum-based Ethereum L2 with 24/7 tokenized stocks that plug into DeFi. How it works, Stock Tokens, access rules, and the risks.
The post The SecondFi recovery: 16 million stolen ADA and crypto’s restitution experiment appeared on BitcoinEthereumNews.com. An exploit drained roughly 16 million ADA, about $2.4 million, from 374 Cardano wallets in late June. What happened next is the interesting part: EMURGO, one of Cardano’s founding entities, announced a recovery path to return the assets within two weeks, while an independent forensic team including Mt. Gox veterans published competing findings. Crypto has spent fifteen years insisting stolen funds are gone forever. Cardano is running a live experiment in whether that has to be true, and every chain is watching the precedent. Summary A Cardano linked exploit drained about 16 million ADA from 374 wallets, with EMURGO outlining a two week plan to return affected users’ funds. Independent investigators challenged parts of the official account, putting competing forensic findings at the centre of how victims could qualify for restitution. The recovery effort is test
An exploit drained roughly 16 million ADA, about $2.4 million, from 374 Cardano wallets in late June. What happened next is the interesting part: EMURGO, one of Cardano’s founding entities, announced a recovery path to return the assets within two…
The post Cardano Price Prediction: Hoskinson Calls Ethereum’s EUTXO Move a Crime as ADA Holds the 20-Day EMA appeared on BitcoinEthereumNews.com. Hoskinson called reports of his retirement “categorically untrue” and a complete fabrication He accused the Ethereum Foundation of copying Cardano’s EUTXO model without acknowledgment ADA is holding above the 20-day EMA at $0.1682 after a bullish RSI divergence formed at the June lows Cardano trades at $0.1667 on July 10, up 0.24% and clinging to support after a week dominated by US-Iran volatility, a retirement rumor, and a public confrontation with the Ethereum Foundation. Is ADA Finding Support At The 20-Day EMA? ADA 1D Price Action (Source: TradingView) The daily chart shows ADA sitting just above the 20-day EMA at $0.1682, a level that has acted as the pivot point throughout this recovery from the June low near $0.14. Price dipped to $0.1656 intraday before recovering, and the RSI divergence tool shows a bullish signal still active at 47
