Tom Lee slows Bitmine ETH accumulation.

Tom Lee has slowed Bitmine ETH purchases after the firm amassed over 5.2 million tokens and 4.3% of Ethereum’s supply. Bitmine Immersion Technologies (BMNR) bought 26,659 ETH last week worth roughly $63 million, sharply down from the more than 100,000… origin »

Ronin Ethereum launches Layer 2 migration.

Ronin Ethereum is migrating to a Layer 2 on May 12 with roughly 10 hours of scheduled downtime. Ronin, the gaming-focused blockchain behind Axie Infinity, is executing a hard fork on May 12 to complete its transition from an independent… origin »

Sumsub CEO warns AI fraud outpaces compliance.

Crypto compliance demand is surging as AI fraud evolves faster than firms can respond, Sumsub CEO Andrew Sever says. Crypto compliance firms are reporting a sharp rise in demand as AI fraud attacks become faster, more sophisticated, and harder to… origin »

Payward charter targets federal crypto bank status.

Kraken’s parent Payward has filed a Payward charter application with the OCC to establish a federally regulated national trust company. Kraken’s parent Payward has filed a Payward charter application with the US Office of the Comptroller of the Currency, proposing… origin »

Foundry backs Stratum V2 in mining overhaul.

Seven pools covering 75% of Bitcoin hashrate have joined Stratum V2, shifting block control to individual miners. Seven of the world’s largest Bitcoin mining pools have joined the Stratum V2 working group, giving the open protocol a combined hashrate share… origin »

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