Olivia Chen

3 days ago | nftevening.com | Olivia Chen

The Ethereum Foundation (EF), the non-profit stewarding the world’s second-largest blockchain by market capitalization, has laid off a number of employees as part of a significant internal restructuring of its research and development (R&D) division. A New Direction for Ethereum FoundationAccording to an official statement from the Ethereum Foundation, the organization is shifting its focus away from direct R&D execution and toward empowering the wider Ethereum community to take on that role.

3 days ago | nftevening.com | Olivia Chen

James Wynn has made a dramatic return to the world of perpetual futures trading just two hours after publicly announcing his retirement from the practice. According to on-chain data, Wynn deposited over $2 million into HyperLiquid, and immediately opened a high-leverage position – reportedly a 40x long. This move comes on the heels of a recent rollercoaster trading journey that has cemented Wynn as one of the most talked-about figures in the crypto derivatives scene.

1 week ago | nftevening.com | Olivia Chen

Following a devastating $223 million hack, Cetus Protocol has announced a user comprehensive plan to reimburse affected users, leveraging a loan from the Sui Foundation and its treasury funds, signaling a robust recovery effort within the Sui ecosystem.

1 week ago | nftevening.com | Olivia Chen

Sam Bankman-Fried, the disgraced founder of FTX, has had his 25-year prison sentence reduced by more than four years due to good conduct and program participation, with a projected release in December 2044. SBF to be Released from Prison on December 2044Sam Bankman-Fried (SBF), the former CEO of the collapsed cryptocurrency exchange FTX, has received a notable reduction in his prison sentence.

1 week ago | nftevening.com | Olivia Chen

CryptoQuant’s analysis reveals Binance short squeeze pressure driving Bitcoin price movements, with historical patterns suggesting sharp rallies as traders face liquidations. Understanding Binance Short Squeeze PressureOn May 26, 2025, CryptoQuant shared an insightful analysis highlighting the impact of Binance’s short squeeze pressure on Bitcoin’s price dynamics. The chart illustrates Bitcoin’s price movements from April 20 to May 24, 2025, alongside Binance short and long squeeze pressure.