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Blast, the Ethereum Layer 2 that once attracted more than $2 billion in TVL before its mainnet even launched, has announced plans to shut down the network after concluding that its operating costs now exceed the revenue generated by the blockchain.In an announcement on October 2, 2026, Blast said it no longer sees a credible path to returning the network to economic sustainability. The project is asking users to move their assets back to Ethereum mainnet, with the standard withdrawal interface r

DogeOS officially launched the Chikyū public testnet on September 30, 2026, bringing an Ethereum Virtual Machine-compatible environment to the Dogecoin ecosystem. Developers can deploy smart contracts and experiment with applications such as trading, lending, stablecoins, and gaming, while DOGE is used as the native currency to pay network fees.An important distinction is that these smart contracts do not run directly on Dogecoin Layer 1. DogeOS operates as a separate application layer built aro

Bitwise Asset Management has officially launched the Bitwise NEAR ETF (NRR), the first U.S. spot-traded product providing direct exposure to NEAR, bringing the NEAR Protocol token into an investment vehicle traded on NYSE Arca. NRR began trading on September 29, 2026, with an annual management fee of 0.75% and directly holds NEAR. More notably, Bitwise plans to stake the fund’s NEAR holdings to generate additional rewards for investors rather than simply tracking the token’s price movements pass

DeFi is one of the most difficult sectors to break into. Established protocols such as Aave and Morpho already have deep liquidity and large user bases. Yet a differentiated product can still attract capital. Concrete has reached approximately $1.2 billion in deposits, processed more than $23 billion in cumulative volume, and attracted around 54,000 depositors.Concrete helps wallets, exchanges, and institutions bring capital on-chain and allocate it through a unified vault structure. However, sc

The U.S. prediction-market industry is facing another important regulatory development as the Commodity Futures Trading Commission (CFTC) moves toward clarifying how event contracts should be treated under federal derivatives law. On September 28, the agency sent two related rule proposals to the White House's Office of Information and Regulatory Affairs (OIRA) for review. The move comes days after a federal appeals court ruled that Ohio and Tennessee could enforce their gambling laws against Ka

If you've ever spotted a sleek black ring on the finger of a tech CEO or an NBA player, chances are it was an Oura Ring. Starting as a small Finnish startup, Oura created an entirely new product category, captured roughly 74% of the global smart ring market, and was widely expected to be the biggest consumer tech IPO of fall 2026.Then, just hours before its Nasdaq debut, Oura suddenly put its IPO on hold. So what makes Oura worth as much as $15.6 billion, and what does the market really think of

Fairshake is expanding its political campaign ahead of the 2026 U.S. midterm elections, announcing support for 32 House candidates from both major parties. The move comes weeks after the CLARITY Act, a major crypto market-structure bill, failed to advance in the Senate, pushing the digital asset industry to focus more heavily on the next Congress. 1.Fairshake Builds a Bipartisan House SlateFairshake, one of the largest political organizations backed by the U.S. crypto industry, plans to support

DeFi is one of the most difficult sectors to break into. Established protocols such as Aave and Morpho already have deep liquidity and large user bases. Yet a differentiated product can still attract capital. Concrete has reached approximately $1.2 billion in deposits, processed more than $23 billion in cumulative volume, and attracted around 54,000 depositors.Concrete helps wallets, exchanges, and institutions bring capital on-chain and allocate it through a unified vault structure. However, sc

The Meme Stock narrative has taken over the crypto market in recent months, fueling the rise of launchpads such as Flap.sh on BNB Chain and Pons on Robinhood Chain. Now it is Solana's turn, and the name leading the charge is StonkFun.In less than two months, StonkFun has pulled off what many challengers before it could not: it out-earned Pump.fun, the undisputed king of memecoin launchpads, in daily revenue, burned around 18% of its native token supply, and pushed its market cap from a few milli

Ethena is ending the token incentives and inflation tied to USDe growth on September 30, marking a significant change in how the protocol has rewarded participants. The move brings an incentive program that had already been reduced substantially since 2024 to an end, shifting greater attention toward Ethena’s underlying revenue model and the long-term economics of USDe. 1.Ethena Brings USDe Token Incentives to an EndEthena has confirmed that token incentives connected to USDe growth will reach z