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Latest bear market victim shows how quickly DeFi users are left behind when crypto projects move on
Swell, a liquid staking and restaking protocol, is shutting down its Ethereum Layer 2 chain after deciding that slower restaking growth and cheaper Ethereum transactions had weakened the case for keeping it alive.The project told users to bridge assets off Swellchain by June 23 or risk leaving funds on a chain they may not be able to recover. The warning, posted by Swell on X on June 16 and echoed on its homepage, pushed the shutdown beyond a roadmap update and into a live user-recovery problem.Swell had already announced in April that it would shut down Swellchain, its Optimism Superchain…
TL;DR South Korea’s KOSPI suffered a near-10% drop after regulators warned over leveraged ETF risk tied to major chip stocks. The move matters for crypto because Bitcoin has been trading like a high-beta risk asset during the latest macro sell-off. The key question now is whether the equity shock remains regional or feeds a broader de-risking wave across BTC and altcoins. Why The KOSPI Move Matters For Bitcoin Bitcoin traders have another macro shock to digest after South Korea’s benchmark KOSPI index plunged almost 10%, triggering a market-wide trading halt and putting global risk appetite back under pressure. According to…
In Chainlink news today, LINK has expanded its real-world asset data infrastructure into Asia-Pacific equity markets, launching live price feeds for major companies like Samsung Electronics and Toyota Motor. This initiative, called APAC Equities Streams, provides low-latency equity data from South Korean and Japanese markets for derivatives and on-chain risk management. The expansion follows the earlier US Equities Streams rollout, which targets the $80 trillion US stock market. Chainlink’s official account emphasizes Data Streams as essential for DeFi and beyond, with future growth planned for China, Hong Kong, and Taiwan. The RWA tokenization trend is gaining traction, positioning Chainlink’s equities…
Cumberland, Fluid, And SwissBorg Join Institutional Coalition On Hashi Ahead Of July Global Testnet
Grand Cayman, Cayman Islands, June 23rd, 2026, Chainwire Sui aims to transition more of Bitcoin’s $1.2T market cap into verifiable, productive onchain products. Hashi, Sui’s native bitcoin finance primitive, gains more institutional support ahead of the scheduled launch of its global testnet this July. Sui, where money moves as freely as messages, announced today that Cumberland, Fluid, and SwissBorg have joined the Hashi ecosystem, Sui’s native bitcoin finance primitive, weeks ahead of its scheduled global testnet launch this July. The expanding coalition addresses a critical bottleneck in crypto: solving the persistent capital inefficiency by unlocking over a trillion dollars of…
Zug, Switzerland, June 23rd, 2026, Chainwire The Liechtenstein Financial Market Authority has granted Bitcoin Suisse (Europe) AG a license as a Crypto Asset Service Provider (CASP) under MiCAR. The European entity of Bitcoin Suisse can now serve clients across selected EEA markets, with Roman Przibylla appointed CEO to lead the expansion. After more than a decade as Switzerland’s crypto pioneer, the Bitcoin Suisse Group (“Bitcoin Suisse”) is expanding across Europe. Its European entity, Bitcoin Suisse (Europe) AG, founded in 2018, has been granted a license as a Crypto Asset Service Provider (CASP) under MiCAR by the Liechtenstein Financial Market Authority…
Dubai, United Arab Emirates, June 23rd, 2026, Chainwire My Wallet, one of the leading TON-native wallets, now runs on Solana, Ethereum, Base, and eight other networks with built-in portfolio tracking, a native AI Agent, gasless transfers, and a top-7 CertiK security ranking MyTonWallet, an open-source self-custodial wallet launched on The Open Network in 2022, rebrands to My Wallet. The product serves over 9 million users and has expanded from a single-chain TON wallet to an 11-network platform covering TON, TRON, Solana, Ethereum, Base, BNB Chain, Polygon, Arbitrum, Monad, Avalanche, and Hyperliquid, with Bitcoin next on the roadmap. Existing wallets and…
Ethlabs, Founded by Former Ethereum Foundation Contributors and Funded by Bitmine, Sharplink and Joe Lubin, Launches to Accelerate Ethereum’s Institutional Supercycle
New nonprofit research and development lab brings together a group of senior technical contributors from the Ethereum Foundation to ready the network for step-function wave of adoption from institutions, agentic finance and DeFi Ethlabs to reinforce foundational commitments to credible neutrality, censorship resistance and security NEW YORK, June 23, 2026 /PRNewswire/ — A coordinated group of Ethereum ecosystem stewards today announced the launch of Ethlabs, an independent, nonprofit research and development organization formed to ready Ethereum for the next phase of institutional adoption. The funding effort is led by Bitmine Immersion Technologies, Inc. (NYSE: BMNR), Sharplink, Inc. (NASDAQ: SBET), Ethereum…
Bitmine owns 4.7% of the total ETH coin supply of 120.7 million Bitmine is 94% of the way to the ‘Alchemy of 5%’ in just 11 months Bitmine’s Series A Preferred Stock is trading on the NYSE under the symbol BMNP Bitmine has 4,718,677 staked ETH, representing $8.2 billion at $1,733 per ETH. MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors Bitmine owns $104 million of Eightco (NASDAQ: ORBS), now one of the only publicly listed equities in the world to provide investors indirect exposure to OpenAI Bitmine Crypto + Total…
Savannah, United States, June 22nd, 2026, Chainwire Tria, the self-custodial neofinance platform serving more than 500,000 users, today announced the launch of Tria Travel, a fully integrated travel booking platform embedded within the Tria app. Built in partnership with Bookit, the new offering enables users to book flights, hotels, cruises, and experiences while earning up to 6% cashback. The launch marks Tria’s expansion into one of the largest global consumer spending categories and introduces a materially different rewards structure compared to traditional travel credit cards. Most travel rewards programs offer between 2% and 5% back, often through points systems with…
Victoria, Seychelles, June 22nd, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, will list Arcium (ARX) in the Innovation Zone, opening trading for ARX/USDT and ARX/USDC pairs on June 22, 2026, at 12:00 and 12:20 (UTC). To celebrate the listing, MEXC has launched an Airdrop+ event, offering users the opportunity to share 70,000 USDT in rewards. Arcium is building an encrypted computing infrastructure network that enables trustless, scalable computation over fully encrypted data, for applications across blockchain, AI, enterprise, and government sectors. ARX is the token that powers the Arcium network’s economic model, with a fixed supply of…