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Morning Edition · Wednesday, June 24, 2026
An L2 Winds Down, Testing How DeFi Handles Abandonment
Swell told users to bridge out by June 23, turning a planned layer-2 shutdown into a live test of exit procedures and bridge risk.
The team behind Swellchain warned users to bridge their assets off the network by June 23, turning a planned layer-2 shutdown into a real test of how decentralized systems handle abandonment. When a project decides to stop operating, the bu…
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- MiCA's Authorization Deadline Forces a Reckoning for Europe's Crypto Firms
- Privacy Layer-Twos Push Live Networks as Confidentiality Becomes the Pitch
- Fresh Exploit Reproductions Underline a Steady Drip of DeFi Losses
- Two Roads on State Digital Money: A US Ban and a Privacy-Minded Digital Euro
- Senate Democrats Seek Hearings on $500 Million UAE Stake in Trump Crypto Venture
- Analysts Urge Strategy to Pause Bitcoin Buying as Cash Cushion Thins
- Runes Activity Pushes Bitcoin Transaction Counts to a Multi-Year High
- XRP Ledger Lending Clears a Re-Audit With No Critical Flaws
- Banks From Tokyo to Seoul Wire Stablecoins Into Cross-Border Payments
- Bitcoin Holds Near $62,500 as a Second Day of Chip Selling Hits Risk Assets