A whale who bought high and sold low spent 29.146 million DAI to buy 7,221 ETH in nearly half an hour.

- Ethereum Foundation transfers $654M ETH to a wallet historically linked to sales, sparking speculation about developer compensation or treasury strategy. - The single-transaction transfer exceeds prior sales by 16x and bypasses decentralized exchanges, drawing criticism for transparency concerns. - Critics highlight underpayment of core developers like Péter Szilágyi, while the Foundation denies confirming the funds' purpose despite ongoing ecosystem tensions. - Market reactions remain muted (ETH at $4,3

- Kadena blockchain abruptly ceased operations, causing its token KDA to plummet 47% to $0.121. - The shutdown ended a four-year journey led by ex-JP Morgan executives, halting 2025 roadmap plans for Chainweb EVM and fintech integrations. - Analysts warn centralized governance models risk token viability, as Kadena's collapse highlights crypto projects' fragility amid regulatory and funding challenges. - Despite decentralized network persistence, lack of active development underscores risks of overreliance