News

Coinbase buys Deribit for $2.9 billion

15 hours ago 1 min read

Coinbase acquires Deribit for $2.9 billion Coinbase has announced its intention to acquire Deribit, the leading crypto options exchange, in a significant deal valued at $2.9 billion. This acquisition will involve $700 million in cash along with 11 million shares of Coinbase stock. By acquiring Deribit, Coinbase aims to solidify its position as a frontrunner in the crypto derivatives market, which includes a wide range of trading options such as

ZKM Launches zkMIPS 1.0: A Production-Ready, High-Performance zkVM for Scalable Verifiable Computation

23 hours ago 3 mins read

ZKM has officially launched zkMIPS 1.0, the first production-grade release of its MIPS-based zero-knowledge virtual machine (zkVM). This milestone delivers what the industry has lacked to date: a highly performant, stable, and production-grade zkVM, ready for real-world deployment across Ethereum, Bitcoin, and other ecosystems. Built on the battle-tested MIPS32r2 instruction set architecture, zkMIPS 1.0 departs from the trend of zkVMs built on RISC-V and introduces a more mature, efficient, and purpose-aligned architecture

Interlace Breaks New Ground in Web3 Finance with CaaS at Token2049

23 hours ago 4 mins read

On May 1st, the global blockchain industry event Token2049 concluded successfully, marking a significant moment for Web3 and fintech innovations. Interlace, a leading Web3 fintech company, made its debut at the event, capturing widespread attention with its cutting-edge Card-as-a-Service (CaaS) solution. The company showcased its deep industry insights and strategic expansion plans for the Middle East market, positioning itself as a key player in the region’s Web3 ecosystem. Interlace’s presence attracted a diverse range of

DogeOS Raises $6.9 Million in Funding Round Led by Polychain Capital to Launch Dogecoin App Layer

May 8, 2025 3 mins read

DogeOS, the App Layer for the Dogecoin ecosystem, today announced the successful closing of a $6.9 million funding round led by Polychain Capital. This capital infusion will fuel the expansion of DogeOS, an application layer built on Dogecoin, designed to empower developers to build a wide range of consumer apps—from gaming to artificial intelligence—while strengthening the Doge network state and advancing Dogecoin as the people’s currency. Doge is the original

Ethereum completes its long-awaited Pectra upgrade on the mainnet

May 7, 2025 2 mins read

Ethereum has successfully implemented its significant Pectra upgrade on the mainnet, marking its most substantial enhancement since the Merge and Dencun. This upgrade, which took effect at epoch 364032 on May 7, 2023, at 6:00 a.m. ET, introduces a comprehensive set of Ethereum Improvement Proposals (EIPs) aimed at improving staking efficiency, wallet usability, and layer 2 scalability. It also lays essential groundwork for Ethereum’s long-term scaling strategy. The deployment of

Galxe Launches Passport V3 with Sumsub to Supercharge Web3 Onboarding

May 7, 2025 3 mins read

Galxe, Web3’s leading decentralized super app, has unveiled Passport V3: its upgraded KYC solution that streamlines user verification and is now integrated with Sumsub, a leading KYC verification platform. With this new integration, Galxe Passport can ensure seamless and secure user onboarding for any Web3 business. Trusted by over 1 million users, Galxe Passport streamlines identity verification, enabling easy access to multiple decentralized apps and platforms, including Transak and Banxa,

The U.S. Treasury must deliver a key report today

May 6, 2025 1 min read

On May 5, the U.S. Treasury is set to deliver a pivotal report regarding the establishment and management of a national Strategic Bitcoin Reserve, a directive stemming from President Trump‘s executive order issued on March 6, 2025. This report, prepared by Treasury Secretary Scott Bessent, will outline how the reserve will be funded and managed using Bitcoin assets that have been seized through legal processes. The executive order specifies that

CoolBitX Launches CoolWallet Go: The World’s First Cold Wallet with Lifetime Warranty

May 5, 2025 2 mins read

CoolBitX officially introduces CoolWallet Go, a minimal, ultra-portable cold wallet designed for new crypto users and seasoned holders alike. It’s a next-generation card wallet focused on simplicity, cost-efficiency, and everyday utility—without compromising on security fundamentals. Pre-Order Offer (April 21 – May 10) CoolWallet Go is now available for pre-order at $59.99 USD for a 2-card set. Customers can optionally add a lifetime warranty plan for $39 USD per set—a rare

President Trump says crypto survives the crash better than stocks

May 5, 2025 2 mins read

Former President Donald Trump has reiterated his strong support for crypto, emphasizing its resilience during market downturns and its growing acceptance. In a recent interview with NBC News’ Meet the Press, Trump highlighted the importance of the U.S. leading in digital asset innovation to avoid falling behind countries like China. He expressed his belief that crypto is crucial for the future, stating, “I want crypto,” and noted that it has

0G Labs Releases V3 Testnet With Major Performance Enhancements

May 4, 2025 2 mins read

0G Labs, the Layer 1 blockchain for AI, has launched V3 of its testnet. The new Galileo testnet introduces a host of improvements over its predecessor, including a 70% boost in network speed. The V3 testnet moves 0G closer to its mainnet launch, which will form a decentralized AI operating system for an array of data-intensive applications. Galileo gives dapp developers a clear idea of the sort of scalability and

BNB Chain Launches MCP to Accelerate Onboarding for AI Agents

May 4, 2025 2 mins read

BNB Chain, the community-driven blockchain ecosystem has unveiled its Model Context Protocol (MCP), an open protocol standardizing secure, two-way communication between AI applications and external systems that provide data or tools, for developers this week, marking a major step forward in enabling plug-and-play AI agent integration within the Web3 space. As part of BNB Chain’s broader “AI First” strategy, MCP empowers builders to build intelligent, context-aware applications by bridging blockchain data and

Top Analysts Say This Is the Best Crypto to Buy While the Bitcoin Price Remains Flat

May 2, 2025 4 mins read

As the Bitcoin price hovers around $95,000, top analysts are highlighting an exciting alternative that could be the best crypto to buy right now. This Bitcoin stagnation has prompted investors to seek diversification, and a new entrant by the name of RCO Finance (RCOF), currently in the presale stage, is quickly gaining traction due to its impressive presale performance and promising future. Bitcoin Price Stagnation Sparks Concerns After dropping to