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Dormant Bitcoin Address Awakens After a Decade, Moves $9.8 Million in BTC


May has emerged as a notable month for ‘sleeping bitcoin’ transactions, with a long-dormant address, inactive for ten years and six months, awakening on May 28 to move 145.89 BTC, valued at $9.8 million. Over $109 Million in Bitcoin From 2013 Moved in May After a much quieter April...

Riot to acquire Bitfarms to establish the largest public Bitcoin miner


Riot intends to take over Bitfarms at a price of $2.30 per share, with the goal of creating the largest ever publicly registered Bitcoin miner. The result will be a substantial premium on Bitfarm’s price—24%—which will be a boon to shareholders. Riot is presently the biggest shareholder...

ENS Labs proposes Layer 2 expansion of Ethereum Name Service


ENS Labs proposes that the Ethereum Name Service (ENS) be expanded to Layer 2 (L2), and the entire exercise be referred to as ENSv2 from this point forward. The company is not only transferring the fundamental components of the ENS protocol, but they are also transferring their extensive expertise...

Metaplex Foundation joins Mutant Labs to launch MPL-404 on Solana


Metaplex Foundation introduces the MPL-404, an infrastructure and on-chain protocol.  It is designed to facilitate the transition of fungible and non-fungible assets, which is described as the hybrid DeFi. Nevertheless, Mutant Labs’ SPL-404, a top hybrid DeFi benchmark on Solana, will now...

The Sandbox DAO, a major step toward an open metaverse


The  Sandbox has announced the launch of The Sandbox DAO, its global community. In order to determine the future of the open metaverse, the corporation encourages citizens to propose  and participate in governance decisions. Built on blockchain technology with Web3 components and NFTs, The Sandbox...

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