Polygon Launches Alpha Testnet of Zero-Knowledge Rollup Solution ‘Miden’

Polygon, a prominent Ethereum layer-2 developer, has introduced the alpha version testnet of its latest zero-knowledge (ZK)-rollup solution named Miden. In a post on May 6, P...

4 months ago

Exodus Movement, Inc., the developer of non-custodial crypto wallet Exodus, is set to go public on May 9 on the NYSE American in a bid to create “long-term value” for investors.

Bitcoin wallet developer Exodus to go public on New York Stock Exchange

Crypto wallet maker Exodus Movement, Inc. received approval for its common stock for listing on the New York Stock Exchange (NYSE), the company announced in a press release o...

4 months ago

The co-founder and CEO of LayerZero Labs, Bryan Pellegrino, discussed concerns about company employees participating in its upcoming airdrop.

LayerZero to fire employees participating in internal airdrops

In an X post on May 7, Pellegrino said that all the LayerZero Labs employees are “100% restricted” from participating in the platform’s long-awaited airdrop — first ...

4 months ago

Stronghold announced its first quarter results for 2024 and revealed that it is considering a range of options to increase shareholder value including selling the business.

Nasdaq-listed mining firm Stronghold Digital Mining for sale?

Stronghold Digital Mining is considering selling the company in an effort to maximize shareholder value, according to its first-quarter financial report. Information shared with Cointe...

4 months ago

The Infinex protocol — dubbed the "UX Layer" of DeFi — is targeting a May 13 launch, pending a final vote from Infinex's governing council.

Synethix founder Kain Warwick targets mid-May launch for Infinex DEX

Synethix founder Kain Warwick has given a date for when the decentralized exchange front-end and self-custodial account system Infinex is set to go live after several delays from its expected Q4...

4 months ago

Bitfarms is actively working to triple its current hash rate capacity to 21 exahashes per second with a $240 million investment.

Bitcoin halving sees Bitfarms’ BTC mining earnings plummet

The impact of the fourth Bitcoin halving has led Bitfarms to report its lowest monthly earnings in over two years. The mining firm earned 269 Bitcoin in mining rewards and tr...

4 months ago

The FBI arrested a New York resident for defrauding investors of at least $43 million in a multi-year Ponzi scheme that included a Las Vegas hospitality business and crypto trading operation.

FBI busts $43M crypto and Las Vegas hospitality Ponzi scheme

The Federal Bureau of Investigation (FBI), alongside a New York court, arrested a local resident under the allegations of orchestrating a sophisticated Ponzi scheme that defrauded investors of $...

4 months ago

The industry could see a shift toward player-centric Web3 games this cycle as Web2 founders enter the GameFi space, according to Bitget’s managing director.

Web3 gaming needs to shift from play-to-earn to ‘play-and-earn’ — Bitget

Web3 games should shift their focus from play-to-earn to “play-and-earn” to attract new mainstream crypto adopters. The issue is that most Web3 games focus solely on the ec...

4 months ago

YouTuber and Ultimate star MKBHD tested the device using a game controller, his legs and “the force.”

This 360 treadmill could make Disney’s metaverse a physical playground

The Imagineers at Disney have come up with what may be the killer app for metaverse hardware, a 360-degree treadmill controllable via remote control, physical movement, or gesture.  ...

4 months ago

Animoca’s move into Bitcoin involves the Opal Protocol and BLIF token, which were initiated by Animoca and Darewise.

Blockchain gaming firm Animoca Brands ‘comes to Bitcoin’

Hong Kong-based game software company Animoca Brands is entering the Bitcoin industry by backing the Opal Foundation, a new Bitcoin ecosystem protocol. Animoca Brands took to X on...

4 months ago