Nansen CEO Alex Svanevik has criticized the Ethereum community's attitude toward problem-solving. In a post on X, he noted that when presented with metrics showing Ethereum is falling behind, the comm...

Nansen CEO Alex Svanevik has criticized the Ethereum community's attitude toward problem-solving. In a post on X, he noted that when presented with metrics showing Ethereum is falling behind, the community's response is often to dismiss the data as unreliable or to point out that its Total Value Locked (TVL) remains high. Svanevik warned that if the community does not become more vigilant, Ethereum will lose its competitiveness before 2030.

Nansen CEO warns Ethereum could become obsolete by 2030

Combined with softer than expected October data, this morning's numbers point to at least a modestly weaker jobs market as the economy heads into the end of the year.

U.S. added 64,000 jobs in November, with unemployment rate jumping to four-year high of 4.6%

Bitcoin and Ethereum wavered after U.S. jobs data, but prediction markets still favor a return to $100K amid expected Fed rate cuts.

Bitcoin and Ethereum Wobble as US Reports Highest Unemployment Rate Since 2021

Author: Azuma

Original Title: Circle's Acquisition of Axelar Sparks Controversy: Giant Only Wants People, Not Coins

--------------------------------------------------------------- Early morning of December 16th, stablecoin giant Circle officially announced the completion of an agreement to acquire the core talent and technology of Interop Labs, the initial development team of the cross-chain protocol Axelar Network, in order to advance...