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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

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  • 04:16
    Data: The current Crypto Fear and Greed Index is 65, indicating a state of greed
    According to ChainCatcher, data from Coinglass shows that the current Crypto Fear & Greed Index stands at 65, up 13 points from yesterday. The 7-day average is 65, while the 30-day average is 70.
  • 03:56
    A Curve community member proposes halting all subsequent Layer 2 development, citing minimal returns and high operational pressure
    According to ChainCatcher, Curve community member phil_00Llama recently initiated a proposal to "halt all subsequent Layer 2 development." The proposal suggests that already deployed L2s may be retained, but recommends terminating further development. The proposer believes that L2 chains require maintenance efforts on par with the Ethereum mainnet, yet generate minimal returns (currently, the combined daily revenue of all L2s is about $1,500). L2 technology evolves rapidly and tends to have a short lifespan, resulting in significant operational pressure. The development team could instead focus their efforts on more valuable areas. So far, only one community member has commented on the proposal: "This proposal is so radical that it deserves a more thorough explanation."
  • 03:36
    Lido Co-Founder: Contributor Team to Be Downsized, Around 15% of Employees Affected
    According to ChainCatcher, Lido co-founder Vasiliy Shapovalov stated on social media last weekend: "To ensure long-term sustainability, Lido Labs, the Lido ecosystem, and the Lido Alliance have made the difficult decision to reduce the size of the contributor team, with about 15% of employees affected. This decision is not related to job performance, but is purely a cost consideration. It is a tough choice, but it is made with long-term resilience in mind. Although making such a decision during a market uptrend may seem counterintuitive, it demonstrates our strong commitment to sustainable growth, operational focus, and alignment with the interests of LDO token holders. Lido is planning for development over the coming decades, and this adjustment will help solidify that foundation."
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