TechCapsules

Ethereum Layer 2 networks, designed to alleviate high fees and slow transaction speeds on the main Ethereum chain, have undergone significant changes. A few years ago, numerous new projects entered the market, but today, only a small number continue to grow, while many others struggle to attract users and developers. Recent data shows that Base has become the largest Ethereum Layer 2 network by DeFi total value locked (TVL), holding approximately 46.6% of all Layer 2 DeFi [...]

Humanity Protocol, a crypto project focused on online identity verification, suffered a significant breach on June 9, 2026. An attacker compromised a member's private key, draining at least 17 wallets and causing losses of over $32 million. The attacker swapped $23.7 million of stolen H tokens for Ethereum and minted 100 million new H tokens on the BNB Chain. As a result, the H token price plummeted from $0.70 to $0.08, a drop of over 87% in [...]

Decentralized satellite internet project SpaceCoin has launched a proof of concept with South African ICT firm BCX to test satellite-based Internet of Things connectivity. The collaboration has received approval from South Africa's communications regulator, ICASA, ensuring the project complies with local laws. SpaceCoin will supply satellite and terrestrial communication technology, while BCX will handle local regulatory approvals and on-site testing. The project aims to address gaps in Africa's digital infrastructure, particularly in underserved areas. SpaceCoin is also [...]

KAST, a stablecoin-powered financial platform, has chosen Elliptic's digital asset decisioning for global anti-money laundering (AML) and sanctions compliance. The platform enables over 1 million users to send, receive, and convert funds across borders, currencies, and payment rails. This decision is expected to enhance KAST's ability to detect and prevent illicit financial activities, ensuring a secure and compliant experience for its users.

Solana's price has dropped to its 2023 lows, with a 7% decline in one day, amid panic selling and a broader crypto market crash. The cryptocurrency's market value stands at nearly $38 billion, with a daily trade volume of over $2.7 billion. Large SOL transfers to exchanges, including 1.35 million SOL worth over $84 million to Coinbase, have increased fear of heavy selling pressure. The $60 support zone is crucial for Solana's next major price move, with [...]

The real estate industry in Mississippi is significant, but it relies heavily on manual processes and paper-based records, making it prone to fraud and errors. Blockchain technology and crypto aim to transform the industry by introducing transparency and automation. The median home price in Mississippi is around $268,000, and the industry has been plagued by forgeries and fraud. Blockchain technologies, such as VeChain, have revolutionized the industry with tokenization of property and automated transactions. The adoption of [...]

Bitcoin's performance is at its worst in at least a decade, with its price tumbling around 15% this week, the most since November 2022. The cryptocurrency has lost a third of its value so far in 2026, with its price currently at around $63,000. This decline is attributed to investors flocking to AI stocks and upcoming IPOs, such as SpaceX. The largest corporate holder of bitcoin, Michael Saylor's Strategy, has also sold some of its holdings for [...]

The bitcoin price crashed below $70,000 on June 2, 2026, reaching a two-month low near $67,000 as multiple bearish catalysts converged. Strategy's sale of 32 BTC for $2.5 million marked its first bitcoin disposal since December 2022, breaking the firm's "never sell" narrative. U.S. spot bitcoin ETFs recorded a record 10-day outflow streak exceeding $3 billion. Mt. Gox transferred $739 million in bitcoin to new wallets ahead of its October 2026 deadline. The price drop triggered a [...]