Author: John Smith
Exodus wallet sold 1,076 bitcoin in Q1 2026 to fund its $175 million acquisition of W3C’s payments business. Summary Exodus Movement cut its BTC treasury from 1,704 to 628 coins during Q1 2026, raising $73.2 million in total crypto sales to fund W3C closing payments. The company closed its acquisition of Monavate and Baanx on May 1, adding card-issuing and payments infrastructure to its self-custody wallet business. Q1 revenue fell 36.8% to $22.7 million as exchange aggregation volume dried up, widening the net loss to $32.1 million from $12.9 million a year earlier. Exodus Movement (NYSE: EXOD), developer of the…
Ronin L2 migration completed May 12, ending four years as a sidechain after a 10-hour network shutdown. Summary Ronin executed its hard fork at block 55,577,490 on May 12, completing a transition to an OP Stack Ethereum Layer 2 with 10 hours of downtime. RON token inflation drops from over 20% to below 1% under a new Proof of Distribution model that rewards active builders over passive stakers. Partners including Optimism, Conduit, Boundless, and EigenLayer supported the migration, with EigenDA handling off-chain data availability. The Ronin L2 hard fork executed at block 55,577,490 on May 12, transitioning the gaming blockchain…
Ethereum’s new ERC‑7730 Clear Signing standard replaces hex gibberish in wallet prompts with human‑readable, auditable transaction summaries to slash phishing and blind signing losses. Summary The Ethereum Foundation’s Clear Signing working group and Ledger co‑designed ERC‑7730, a standard that turns today’s cryptic wallet calldata into plain‑language transaction summaries. Clear Signing uses a JSON description format, a public registry tied to contract addresses, and third‑party audits so wallets can show accurate, WYSIWYS intent without changing on‑chain logic. The push comes as phishing and approval scams outpace protocol hacks; incidents like the CoW DAO domain hijack and Binance’s 22.9M blocked phishing attempts…
Poland’s Sejm is reviewing four rival crypto bills while the PiS opposition dangles a separate ban proposal, turning MiCA implementation into a high‑stakes regulatory brawl. Summary The Polish Sejm has begun simultaneous review of four competing cryptocurrency regulatory bills, with a second reading vote expected Thursday, after President Karol Nawrocki vetoed related legislation twice. The central dispute is over how much power to give financial regulator KNF to freeze accounts and levy fines, with maximum penalties ranging from roughly 20 million zlotys ($5.5 million) in the presidential draft to 25 million zlotys ($6.9 million) in the Ministry of Finance version.…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BASIS goes live after testing phase, targeting high-speed digital asset infrastructure for institutional markets. Summary BASIS is now live after private testing, focusing on high-speed digital asset execution infrastructure. Built with Base58 Labs, BASIS targets low-latency arbitrage across exchanges under real market stress conditions. BASIS uses a market-neutral staking model to distribute arbitrage-based returns to participants. Following the successful completion of its private testing phase, BASIS is now officially live, with the platform publicly accessible at basis.pro as the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. DOGEBALL gains attention as investors search for the next 100x crypto opportunity in 2026 market cycle. Summary DOGEBALL presale shows early traction with burns, staged pricing, and utility-driven gaming and payments ecosystem. With staged price increases and token burns, the presale aims to reward early buyers before launch pricing. Buying DOGEBALL involves wallet connection, selecting stage price, and locking allocation before the next price jump. Dogecoin’s rise is still one of crypto’s most painful missed opportunities. A token that…
Bitcoin price slipped back toward the $81,000 region on Monday as weakening U.S. institutional demand and renewed geopolitical uncertainty triggered another wave of profit-taking across the crypto market. Summary Bitcoin price fell back toward the $81,000 region after another rejection near the $82,000 resistance zone amid rising geopolitical uncertainty. The Coinbase Bitcoin Premium Index remained negative, signaling weaker buying demand from U.S. institutional investors in recent sessions. Technical indicators showed BTC still trading inside an ascending channel, though weakening MACD momentum raised risks of a retest below the $80,000 support level. According to data from crypto.news, Bitcoin (BTC) traded around…
Former Goliath Ventures CEO Christopher Delgado has publicly apologized to investors while facing federal accusations that he operated a $328 million crypto Ponzi scheme tied to false investment promises and misuse of client funds. Summary Christopher Delgado apologized publicly after U.S. prosecutors accused him of running a $328 million crypto Ponzi scheme through Goliath Ventures. Federal prosecutors alleged investor funds were used to buy Florida properties, luxury travel, and company events tied to Goliath Ventures. Investors also sued JPMorgan Chase, claiming the bank processed hundreds of millions of dollars linked to the alleged scheme. According to an interview aired Monday…
MARA Holdings shares fell after the Bitcoin miner reported weaker first-quarter results and a wider loss. Summary MARA posted $174.6 million in Q1 revenue, missing estimates as Bitcoin mining margins stayed pressured. The $1.3 billion loss came mainly from Bitcoin mark-to-market pressure in Q1 ending March 2026. MARA keeps Bitcoin mining as its base while AI data centers shape the next pivot. Revenue for the quarter ended March 31 dropped 18% year over year to $174.6 million, down from $213.9 million in Q1 2025. Wall Street had expected about $192.7 million. The stock had closed Monday up 3.48% at $13.39,…
Ronin Ethereum is migrating to a Layer 2 on May 12 with roughly 10 hours of scheduled downtime. Summary Ronin will hard fork at block 55,577,490 on May 12, transitioning from an independent sidechain to an Ethereum Layer 2 on the OP Stack. All transfers, swaps, and smart contract interactions will pause for roughly 10 hours during the migration window. RON token inflation will drop from over 20% to below 1%, with 90 million RON redirected to the treasury as marketplace fees rise to 1.25%. Ronin, the gaming-focused blockchain behind Axie Infinity, is executing a hard fork on May 12…