Galaxy’s Alex Thorn calls Ethereum L2s ‘ETH extractive’ amid fee retention concerns
Galaxy Digital's Alex Thorn argued that post-EIP-4844 fee models favor L2 profits over Ethereum mainnet's financial health.

Insights on Optimism’s Layer-2 scaling, governance model, and Ethereum ecosystem integrations.
The introduction of a Security Council and fault proofs granted the decentralization milestone to Base, according to a blog post.
A tenfold increase in transactions on Ethereum layer-2 blockchains could present prohibitive costs to users.
Although contagion risks are deemed plausible, the study recognizes flash loans' relevance for policymakers.
The Open Intents Framework aims to seamlessly bridge the fragmented liquidity in the Ethereum ecosystem.
Meanwhile, tokens related to AI, social, and data availability narratives registered negative performances in the period.
The layoffs are a result of 'organizational changes' made by the exchange, in an effort to become 'leaner and faster.'