Ethereum faces mounting pressure as on-chain data reveals a significant drop in network profitability, with less than 60% of ETH supply now held in profit. Simultaneously, institutional participation has waned, evidenced by persistent outflows from U.S. spot Ethereum ETFs. This dual weakness underscores the challenges ETH faces in maintaining key price levels.
about Ethereum Under Pressure: Profitability Drops Below 60% as ETF Outflows MountErik Voorhees
0 posts last weekTop Non-Custodial Crypto Exchanges: ChangeNow, ShealthEX, ShapeShift
In the rapidly evolving cryptocurrency landscape, non-custodial exchange services have emerged as essential tools for traders seeking to convert digital assets without surrendering control of their private keys. Platforms like ChangeNow, ShealthEX, and ShapeShift facilitate seamless swaps between Bitcoin, Ethereum, and hundreds of altcoins—often without requiring user registration. This article examines how these services operate and compares their distinct features, from fiat integration to extensive asset support.
about Top Non-Custodial Crypto Exchanges: ChangeNow, ShealthEX, ShapeShiftShapeShift Pays $750K to Settle U.S. Sanctions Violations
The defunct cryptocurrency exchange ShapeShift has agreed to pay a $750,000 penalty to settle allegations from the U.S. Treasury Department that it violated sanctions programs by processing transactions for users in several blacklisted countries. The case, brought by the Treasury’s Office of Foreign Assets Control (OFAC), underscores the persistent regulatory challenges facing the crypto industry and serves as a stark warning about the consequences of inadequate compliance systems, even for platforms that are no longer operational.
about ShapeShift Pays $750K to Settle U.S. Sanctions ViolationsSolana Donates $500K to Tornado Cash Developers’ Defense
The Solana Policy Institute’s $500,000 donation to Tornado Cash developers Roman Storm and Alexey Pertsev represents a significant stand against the criminalization of software development. Both developers face prison sentences—Storm convicted of operating an illegal money transmitting business in the U.S., and Pertsev found guilty of money laundering in the Netherlands. The institute argues these prosecutions set a dangerous precedent that could chill innovation by holding developers liable for how others misuse their tools. This comes amid a potential policy shift from the Trump DOJ, which recently indicated it may stop pursuing similar charges against developers of ‘truly decentralized’ software. The donation also counters criticism that Solana supporters wouldn’t support Ethereum-based developers, showing industry unity on fundamental principles.
about Solana Donates $500K to Tornado Cash Developers' DefenseRoxom Launches First Bitcoin-Denominated Trading Platform
Roxom has announced the upcoming launch of the first-ever Bitcoin-denominated trading platform, enabling users to trade stocks, commodities, and crypto entirely in BTC. The platform will include Bitcoin Treasuries, providing exposure to public companies holding BTC without traditional financial barriers. Backed by $17.9 million in funding, Roxom aims to reshape global markets by unifying securities in a Bitcoin-native environment. The exchange is scheduled for a September launch, with early access now available. This development aligns with Bitcoin’s original vision as a global, permissionless store of value, while BTC’s price and institutional adoption continue to surge.
about Roxom Launches First Bitcoin-Denominated Trading PlatformTHORChain Faces Crisis as RUNE Price Plummets and Community Proposes Solutions
RUNE has plummeted 45% to its lowest value since 2020 amid THORChain’s financial turmoil, including a $199 million liability and halted Bitcoin and Ethereum withdrawals. In response, the community passed a proposal to convert defaulted debt to equity, aiming to restore liquidity and attract new capital. The coming weeks will be crucial for THORChain’s survival as it seeks to regain user confidence and stabilize the protocol.
about THORChain Faces Crisis as RUNE Price Plummets and Community Proposes SolutionsVenice launches VVV token and airdrops 50 million to users
Venice has launched its VVV token on Ethereum’s Base network, airdropping 50 million tokens to users and AI projects. The platform, founded by Erik Voorhees, aims to provide a privacy-focused AI experience, allowing users to stake tokens for API access while ensuring data security through decentralization. With over 450,000 registered users, Venice is positioning itself as a significant player in the blockchain and AI landscape.
about Venice launches VVV token and airdrops 50 million to usersVenice Launches VVV Token with First Airdrop for AI Agents
Erik Voorhees’ Venice platform has launched the VVV token on Ethereum’s Layer 2 Base network, marking the first airdrop aimed at AI agents, with 25% of the supply allocated to AI protocol accounts. The platform, which offers decentralized access to open-source AI models, has attracted over 450,000 users and allows VVV token staking for perpetual API capacity. Currently trading at approximately $16.4, the VVV token has a market cap of $272 million, with early adopters able to claim airdropped tokens until March 13, 2025.
about Venice Launches VVV Token with First Airdrop for AI AgentsEthereum Foundation’s Role in Supporting Decentralization and Ecosystem Growth
The Ethereum Foundation (EF) aims to support grassroots initiatives within the decentralized ecosystem, promoting collaboration among various organizations to enhance network stability and flexibility. Vitalik Buterin emphasized that EF’s role is to empower rather than control, allowing other entities to lead in areas where they excel, thus maintaining decentralization. This approach fosters a diverse and resilient environment for Ethereum’s growth as a global platform for decentralized applications.
about Ethereum Foundation's Role in Supporting Decentralization and Ecosystem Growth