Riot Boosts Bitfarms Stake in Takeover Bid
Riot Platforms increased its stake in Bitfarms to 18.9% by acquiring an additional one million shares, aiming to influence board changes. In recent days, the ongoing dispute between Riot Platforms and Bitfarms, two Bitcoin mining titans, has taken a significant turn. Riot Platforms disclosed the acquisition of an additional one million Bitfarms common shares through […]
Arbitrum DAO Approves ARB Staking Proposal
The Arbitrum DAO has supported implementing ARB token staking to improve security and governance, with 91.5% of votes. Token staking is being implemented with the cooperation of the Arbitrum DAO to improve governance and strengthen the protocol’s security. More than 91% of voters supported the temperature check idea by Frisson, Tally’s head of marketing, while […]
Layer3 Launches $500k Bounty Program to Strengthen Security
A bug bounty program with prizes of up to $500,000 was introduced by Layer3, a project that aims to create a decentralized attention layer. In collaboration with HackenProof, this project aims to fortify the security of its omnichain infrastructure, which underpins vital operations such as distribution, identity, and incentives among over 500 ecosystems. The maximum […]
TON Society Launches new Program for Early TON Developers
As it strives to assist new initiatives, TON, the blockchain network for the web3 ecosystem on Telegram, has announced a new initiative. One of the blockchains in the cryptocurrency space that is expanding the fastest is called TON, which Toncoin, the native cryptocurrency for staking, transaction fees, and governance, powers. The TON blockchain team has […]
Coinbase’s cbBTC Token To Transform Bitcoin DeFi Adoption
Coinbase’s entry signals the latest major institutional entrant into the field of BTCFi. Coinbase, the world’s second-largest cryptocurrency exchange, is poised to significantly advance the adoption of Bitcoin-native decentralized finance (DeFi). The exchange recently hinted at developing a new Wrapped Bitcoin (BTC) token, Coinbase BTC (cbBTC), sparking considerable excitement among crypto investors. According to Rena Shah, […]