A blockchain lottery plans to turn crypto gambling fees into Ethereum developer funding
Megapot, a blockchain lottery protocol, partners with Protocol Guild to funnel 100% of referral fees from ticket sales directly to Ethereum core developers via smart contracts. The initiative addresses persistent developer funding gaps by converting speculative gambling activity into transparent, onchain revenue streams. Protocol Guild estimates Ethereum needs $30-60 million annually for sustainable infrastructure maintenance.
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Bitcoin Traders Increasingly Convinced Price Will Fall Below $70K by End of May
Bitcoin traders increasingly expect BTC to fall below $70,000 by May's end, signaling bearish sentiment amid broader market weakness. BTC currently trades at $72,820, down 3.15%. Ethereum, Solana, and other major altcoins follow similar downtrends. Indian crypto investors should monitor these price levels closely, as a sustained dip below $70,000 could trigger further liquidations and portfolio adjustments.
