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Bedrock, a multi-asset liquid restaking protocol, expands to Bitcoin with strong backers

Bedrock, the leading multi-asset liquid restaking protocol, secures fundraising with investments aimed towards accelerating its liquid restaking solutions and spurring further growth. The investment round was led by OKX Ventures, LongHash Ventures, and Comma3 Ventures, and participated by Waterdrip Capital, Lbank Labs, Amber Group, ArcheFund, Whale Ground, and angel investors including Fisher Yu, co-founder of Babylon. Since its inception, Bedrock has...
BUMBLEBEE: Transforming Gaming with Play-to-Earn Mechanics, NFTs, and Environmental Advocacy

The intersection of cryptocurrency and gaming has given rise to an exciting new project, BUMBLEBEE, the first Solana GameFi platform with groundbreaking play-to-earn algorithms, NFT booster points, and yield farming technology. Inspired by the iconic Transformers figure, BUMBLEBEE promises to revolutionize the gaming industry by offering players the opportunity to not only enjoy immersive gaming experiences but also earn meaningful rewards...
Introducing BitBonus: Revolutionizing Crypto with 4% Tax and 5 Unique Utilities

BitBonus emerges as a groundbreaking addition to the crypto sphere, offering investors a unique opportunity to participate in a project with unparalleled potential. With a distinctive 4% tax structure, BitBonus is poised to redefine the landscape of decentralized finance, prioritizing rewards for holders and fueling strategic marketing initiatives.The BitBonus Advantage:At the core of BitBonus lies a 4% tax mechanism, where...
Simplerminers Offer Lucrative Opportunities to Get Better Returns in Bitcoin Mining Contracts.

With the latest developments, Simpleminers leads as a cloud mining platform that empowers users to get lucrative opportunities in Bitcoin mining contracts. The platform provides users with "one-click mining" services and advanced and efficient mining algorithms that allow users to get high-return cryptocurrency in Bitcoin. Simpleminers Cloud Mining is a shared mining business launched by the world's top Bitcoin miners. With the...
Exploring Crypto Giants and a Rising Star: Bitcoin (BTC), Solana (SOL), and the Explosive Potential of Furrever Token (FURR)

In the ever-evolving landscape of cryptocurrencies, where giants like Bitcoin (BTC) and Solana (SOL) dominate the scene with their established presence and fluctuating performances, a new contender emerges with the promise of excitement and potential for explosive growth. Introducing Furrever Token (FURR), a token that brings a refreshing dose of charm and innovation to the crypto market. As we delve into the recent...
Theta Network Launches EdgeCloud, the First Hybrid Cloud-Edge Computing Platform for AI, Video and Rendering

LOS ANGELES - May 1st, 2024 - Theta Network, the leading blockchain decentralized cloud for AI, media and entertainment, is excited to announce the launch of Theta EdgeCloud, the first hybrid computing platform for AI, video and rendering applications.Theta's new hybrid cloud-edge computing platform arrives at a critical point, driven by three major industry trends: the widespread adoption of AI across...

Attackers Steal $1.6 Million in Digital Assets From Defi Protocol Pike Finance

Unknown attackers recently siphoned digital assets valued at just under $1.6 million from the decentralized finance protocol, Pike Finance. The protocol announced it is offering a 20% reward for the return of the funds, while an ongoing investigation into the incident continues. USDC Vulnerability The decentralized finance (defi) protocol, Pike Finance, said on May 1 […]
Aave Labs Unveils Ambitious Plans for Protocol V4: Enhancing GHO Stability and Cross-Chain Liquidity

Aave Labs proposed a significant upgrade to its protocol, aimed at enhancing features like its stablecoin GHO, introducing a Unified Liquidity Layer for better integration, and improving the protocol’s architecture for cross-chain liquidity across both Ethereum and non-EVM layer-1 platforms. The update also focuses on automatizing interest rates based on market conditions with Chainlink data […]
Wyoming Senator Slams DOJ’s Take on Non-Custodial Crypto Software, Vows to Protect User Rights

Wyoming’s Republican Senator Cynthia Lummis has responded to the Department of Justice’s (DOJ) latest argument regarding non-custodial software. Lummis’s remarks follow the DOJ’s reply brief on the indictment against Tornado Cash developer Roman Storm’s motion to dismiss. Senator Lummis Questions DOJ’s Non-Custodial Wallet Stance, Cites Legal Misinterpretations Senator Cynthia Lummis, a staunch advocate of cryptocurrency, […]
US Coal Miner Uses Excess Power to Mine BTC; Earns 61 Coins in Q1 2024

Alliance Resource Partners (ARLP), a coal mining company in the U.S., recently disclosed its use of underutilized electricity loads for bitcoin mining. Cary Marshall, the company’s CFO, revealed that ARLP concluded the first quarter of 2024 with an approximate total of 425 bitcoins. Marshall also stated that during the first quarter, ARLP mined 61 bitcoins […]
Jack Dorsey’s Block Faces DOJ Probe Over Alleged Transactions With Sanctioned Nations and Terrorist Groups

Department of Justice (DOJ) federal prosecutors from the Southern District of New York are investigating fintech company Block, formerly known as Square, for significant compliance failures in its transaction monitoring systems after a former employee revealed lapses that included processing transactions with sanctioned nations and groups linked to terrorism. Allegations against Block include handling transactions […]
Defi’s TVL Declines by $10 Billion in April Despite Growth in Bitcoin and Newer Blockchains

The total value locked (TVL) in decentralized applications (defi) experienced a 7% decrease, dropping $10 billion in April, with defi’s ecosystem ending the month at $138.6 billion despite a widespread outflow of funds from several blockchains, such as a significant drop in Avalance and Solana. Despite the overall downtrend, Bitcoin, Base (a Layer two blockchain […]

Attackers Steal $1.6 Million in Digital Assets From Defi Protocol Pike Finance

Unknown attackers recently siphoned digital assets valued at just under $1.6 million from the decentralized finance protocol, Pike Finance. The protocol announced it is offering a 20% reward for the return of the funds, while an ongoing investigation into the incident continues. USDC Vulnerability The decentralized finance (defi) protocol, Pike Finance, said on May 1 […]
Aave Labs Unveils Ambitious Plans for Protocol V4: Enhancing GHO Stability and Cross-Chain Liquidity

Aave Labs proposed a significant upgrade to its protocol, aimed at enhancing features like its stablecoin GHO, introducing a Unified Liquidity Layer for better integration, and improving the protocol’s architecture for cross-chain liquidity across both Ethereum and non-EVM layer-1 platforms. The update also focuses on automatizing interest rates based on market conditions with Chainlink data […]
Wyoming Senator Slams DOJ’s Take on Non-Custodial Crypto Software, Vows to Protect User Rights

Wyoming’s Republican Senator Cynthia Lummis has responded to the Department of Justice’s (DOJ) latest argument regarding non-custodial software. Lummis’s remarks follow the DOJ’s reply brief on the indictment against Tornado Cash developer Roman Storm’s motion to dismiss. Senator Lummis Questions DOJ’s Non-Custodial Wallet Stance, Cites Legal Misinterpretations Senator Cynthia Lummis, a staunch advocate of cryptocurrency, […]
US Coal Miner Uses Excess Power to Mine BTC; Earns 61 Coins in Q1 2024

Alliance Resource Partners (ARLP), a coal mining company in the U.S., recently disclosed its use of underutilized electricity loads for bitcoin mining. Cary Marshall, the company’s CFO, revealed that ARLP concluded the first quarter of 2024 with an approximate total of 425 bitcoins. Marshall also stated that during the first quarter, ARLP mined 61 bitcoins […]
Jack Dorsey’s Block Faces DOJ Probe Over Alleged Transactions With Sanctioned Nations and Terrorist Groups

Department of Justice (DOJ) federal prosecutors from the Southern District of New York are investigating fintech company Block, formerly known as Square, for significant compliance failures in its transaction monitoring systems after a former employee revealed lapses that included processing transactions with sanctioned nations and groups linked to terrorism. Allegations against Block include handling transactions […]
Defi’s TVL Declines by $10 Billion in April Despite Growth in Bitcoin and Newer Blockchains

The total value locked (TVL) in decentralized applications (defi) experienced a 7% decrease, dropping $10 billion in April, with defi’s ecosystem ending the month at $138.6 billion despite a widespread outflow of funds from several blockchains, such as a significant drop in Avalance and Solana. Despite the overall downtrend, Bitcoin, Base (a Layer two blockchain […]