Is crypto dead yet? Project shutdowns peaked this April but the latest 2026 data hides a scarier trend

A CryptoSlate-built tracker has identified at least 109 crypto project shutdowns, wind-downs, or inactivity in 2026 as of Aug. 5. DeFi accounted for 28 of them, more than any other sector. The count captures a harsh cull across crypto. At the same time, banks and payment networks are processing real volume on some controlled blockchain systems … Read more

BlackRock’s rare ETHA reverse split is about to make trading Ethereum 70 times cheaper than Coinbase

BlackRock is preparing a one-for-three reverse split of its iShares Ethereum Trust ETF (ETHA), a structural change that will lift ETHA’s share price and could reduce its effective trading spread without changing the value of investors’ holdings. ETHA’s sponsor approved the reverse split on July 31, according to an SEC regulatory filing. Every three shares … Read more

If Ethereum’s proposed 54% reward cut passes, DeFi’s favorite loop threatens to become a daily loss machine

A newly proposed Ethereum staking reward cut, outlined in Ethereum Improvement Proposal 8361 (EIP-8361), would lower validators’ yield from 2.6% to about 1.2%, a 54% reduction phased in over 18 months. The mechanism is a burn: validators lose a larger share of their consensus reward as the total amount of staked ETH climbs, and the … Read more

The crypto project trying to replace the US banking system just pulled its 10 trillion token filing

American CryptoFed withdrew its second attempt to register the Locke governance token after the US Securities and Exchange Commission (SEC) staff found numerous material failures in its disclosure filing. The Wyoming organization submitted the withdrawal request on Aug. 3, preventing its Form 10 registration statement from becoming effective automatically on Aug. 15 while the staff’s … Read more

CME freezes Nasdaq’s major Bitcoin launch, warning a legal loophole could upend the entire commodities market

Nasdaq PHLX’s proposed Bitcoin index options remain frozen as CME Group challenges the SEC’s authority to approve them. The Securities and Exchange Commission (SEC) granted CME’s petition on July 29 to review the agency’s May approval of QBTC. The approval had been automatically stayed since CME filed notice of its challenge on June 11, and the … Read more

Odds of CLARITY crypto legislation passing sink to 27% as Treasury, White House, SEC, and Senate leads quit

Tyler Williams served as Secretary Scott Bessent’s principal adviser on blockchain and digital asset policy, making him one of Treasury’s top voices on US crypto regulation. He is returning to the private sector after leaving his post on July 31. His exit is the fourth senior crypto departure from a position of federal power this … Read more