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Press Release

DeLorean Brings Its Iconic IP To Solana

by admin May 4, 2026

written by admin

Miami, Florida, May 4th, 2026, Chainwire

For decades, the DeLorean has meant something to people. It’s a car, yes, but more than that, it’s a symbol. Of the future. Of rebellion. It’s the degen car, with the gullwing doors, embedded forever in pop culture. But more than that, it represents the idea that something ordinary could become extraordinary. That meaning has always belonged to the culture, not to any single owner.

Today, it’s not too far from reality. DeLorean Labs, the official Web3 arm of the DeLorean Motor Company, is bridging its native token $DMC to Solana, with support from the Solana Foundation, in partnership with Sunrise, powered by the Wormhole bridge. For the first time, anyone in the Solana ecosystem, everyday traders, DeFi users, NFT collectors, RWA maxis, can hold a piece of one of the most storied automotive brands ever created.

“Seeing a brand like DeLorean move onchain is a big moment. Sunrise is bringing all important assets to Solana, where they can trade in open, liquid markets. We’re excited to bring $DMC into the ecosystem.”

– Saeed Badreg, Co-Founder and CEO, Wormhole Labs

This is the thesis behind DeLorean Labs: iconic IP shouldn’t sit behind velvet ropes. It should be accessible, participatory, and owned by the community that loves it. Bringing DeLorean $DMC natively to Solana, the top retail-driven chain, is the clearest expression of that belief yet. Putting a legendary brand directly in the hands of millions of users who grew up idolizing it, at the speed and cost that Solana makes possible.

In a rapidly maturing market, being a token is no longer enough. The projects that will define the next era of crypto are the ones that combine cultural weight with serious onchain infrastructure, platforms that can have fun with their IP while building real protocols and creating lasting value for their communities. DeLorean isn’t the first global brand to recognize the power of building on Solana; it joins other big names like Mastercard and Google.

With the native integration, Solana users will be able to buy, hold, stake, and use $DMC across top platforms. They can secure early access to upcoming tokenized DeLorean vehicle drops and participate in DeLorean’s governance framework, a first-of-its-kind model for a globally recognized brand that gives its community a direct role in shaping future development in a decentralized way. This marks a transition toward participation-driven brand ecosystems, where users are empowered to engage as contributors rather than passive customers.

“DeLorean is about momentum, innovation, and pushing boundaries, values that align perfectly with what’s happening on Solana, and in the Solana community right now. We’re not just launching a token; we’re committing to the ecosystem.”

— Evan Kuhn, President, DeLorean Labs

The launch arrives as real-world asset tokenization moves from niche experiment to mainstream conversation. DeLorean Labs is betting that the brands people already love will be what finally brings the next wave of users on-chain. The DeLorean isn’t just nostalgia. It’s a proof of concept: if a cultural icon can be tokenized, governed, and owned by its community, anything can.

DeLorean $DMC is now live on Solana.

About DeLorean Labs

DeLorean Labs is the official Web3 arm of the iconic DeLorean Motor Company (DMC), hyper-focused on innovative technologies and all things digital, a fusion between an iconic past and limitless future. DeLorean continues its tradition of innovation by introducing the world’s first tokenized electric vehicle utilizing the DeLorean Protocol, an industry-first on-chain vehicle reservation, marketplace, and analytics system. At the heart of the DeLorean ecosystem lies $DMC, a token that combines cultural significance, utility, and the backing of an iconic Web2 brand.

Head to deloreanlabs.com or @DeLoreanLabs on X for the latest.

Media Contact:

DeLorean Labs Press

press@deloreanlabs.com

About Sunrise

Sunrise is the day one asset gateway of Solana. Sunrise enables new onchain assets—crypto, stocks, commodities, and more—to list on Solana with liquidity on day one, giving users and builders immediate access to live, tradable markets. Sunrise is made by Wormhole Labs.

About Wormhole Labs

Wormhole Labs is a technology company that specializes in building products, tools, and reference implementations to expand the cross-chain ecosystem. They are committed to open-source development and laying down the paths for a connected decentralized world.

Contact

Email: contact@sunrisedefi.com

Contact

Xin Qi
Luna PR
xinqi@lunapr.io

May 4, 2026 0 comments

Press Release

OpenGPU Network -Turn Your Computer Into A Revenue-Generating Engine In The AI Era

by admin May 4, 2026

written by admin

As artificial intelligence continues to expand at an unprecedented pace, computing power has become one of the most valuable resources in the digital economy. OpenGPU Network introduces a next-generation platform that allows users to transform their personal computers into active nodes of a global computing network — and earn rewards by contributing GPU power.

OpenGPU Network is a distributed GPU-powered platform that runs directly on your computer. After installing the application, your GPU connects to the network and begins processing real computational workloads, including AI-related tasks and data processing operations. In return, participants receive rewards based on their hardware performance and overall network activity.

One of the platform’s key advantages is its low barrier to entry. Users do not need to build expensive mining farms or invest in additional infrastructure. If you already have a computer with a compatible GPU, you can get started quickly and begin contributing to the network.

The platform is designed as a scalable ecosystem. This means participants can go beyond simply using their own hardware — they can expand their network presence by connecting additional devices or inviting others to join. As the total network power grows, so does the system’s ability to handle larger workloads and generate more value.

Each connected GPU becomes part of a decentralized infrastructure where tasks are automatically distributed across participants. The more computing power contributed, the greater the network’s capacity — and the higher the potential rewards generated through completed workloads.

OpenGPU Network already connects thousands of GPUs worldwide, forming a rapidly growing distributed computing environment. Unlike traditional mining models, the platform is aligned with real-world demand, supporting AI computation, data processing, and other high-performance tasks.

Participants have access to a personal dashboard that provides full transparency, including:

GPU activity
performance statistics
workload processing
reward tracking

This ensures users remain in control and can clearly monitor their contribution and results.

A defining feature of OpenGPU Network is the ability to build and scale your own network. Users can increase their participation by:

adding more devices
aggregating computing power
growing their own structure within the ecosystem

This creates an opportunity to develop a long-term strategy and strengthen your position as the network expands.

OpenGPU Network is currently in a high-growth phase, offering early participants the opportunity to establish themselves within a developing infrastructure. As adoption increases, access to computing power and network positioning is expected to become more competitive.

Industry experts agree that demand for GPU resources will continue to rise, driven by artificial intelligence, big data, and automation. Centralized systems alone cannot meet this demand — making distributed solutions a key part of the future.

OpenGPU Network provides a simple and accessible way to participate in this shift. Your computer is no longer just a device — it becomes a productive asset within a global digital network.

OpenGPU Network — turn your GPU into a revenue-generating resource and be part of the future of distributed computing.

May 4, 2026 0 comments

Press Release

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.18 Million Tokens, And Total Crypto And Total Cash Holdings Of $13.1 Billion

by admin May 4, 2026

written by admin

Bitmine owns more than 4.29% of the total ETH coin supply of 120.7 million

Bitmine is 86% of the way to the ‘Alchemy of 5%’ in just 10 months

Crypto Spring has commenced and like past cycles, investor sentiment and conviction are muted and bearish even as crypto prices strengthen

Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchains

Bitmine uplisted to the New York Stock Exchange (“NYSE”) from the NYSE American effective as of April 9, 2026

Bitmine has 4,362,757 staked ETH, representing $10.2 billion at $2,336 per ETH

MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors, with a focus on security, performance, and resilience

Bitmine owns $83 million of Eightco (NASDAQ: ORBS), now one of the only publicly listed equities in the world to provide investors indirect exposure to OpenAI

Bitmine Crypto + Total Cash Holdings + “Moonshots” total $13.1 billion, including 5.18 million ETH tokens, total cash of $700 million, and other crypto holdings

Bitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock

Bitmine is the 173rd most traded stock in the US, trading $625 million per day (5-day avg)

Bitmine remains supported by a premier group of institutional investors including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas “Tom” Lee to support Bitmine’s goal of acquiring 5% of ETH

NORWALK, Conn., May 4, 2026 /PRNewswire/ — (NYSE: BMNR) Bitmine Immersion Technologies, Inc. (“Bitmine” or the “Company”) a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto + total cash + “moonshots” holdings totaling $13.1 billion.

The Company recently announced its uplisting to the New York Stock Exchange (“NYSE”) from the NYSE American on April 9, 2026. The Company’s common stock continues to trade under the symbol “BMNR”.

As of May 3, 2026 at 4:30pm ET, the Company’s crypto holdings are comprised of 5,180,131 ETH at $2,336 per ETH (Coinbase NASDAQ: COIN), 200 Bitcoin (BTC), $200 million stake in Beast Industries, $83 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and total cash of $700 million. Bitmine’s ETH holdings are 4.29% of the ETH supply (of 120.7 million ETH).

“The U.S. Senate released the CLARITY Act compromise text, and while it bans stablecoin yield on reserves, activity-based ‘rewards’ can be offered, in an attempt to balance the needs to protect existing depository institutions (aka traditional banks). This compromise is largely acceptable to us, and we hope to see this bill passed in 2026,” stated Thomas “Tom” Lee, Chairman of Bitmine. “The prediction markets (polymarket.com) now see >60% chance of passage in 2026, the highest probabilities in more than a month.”

“Crypto Spring, in our view, has commenced and like past cycles, investor sentiment and conviction are muted and bearish even as crypto prices strengthen. We believe the potential passage, or even failure, of the CLARITY Act confirms the arrival of crypto spring. As for the upcoming drivers of crypto gains, Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchains,” said Lee.

“Ethereum remains the most widely used and reliable smart contract blockchains for tokenization and well suited for the upcoming rise of agentic commerce. And increasingly, we believe ETH will be viewed as both a store of value and a unit of exchange. This role for ETH has arguably been demonstrated by its outperformance since the Iran War commenced. ETH has outperformed the S&P 500 by 1,380 basis points since the war started and remains one of the top performing assets in the world (beside crude oil prices),” stated Lee.

“Bitmine has maintained the increased pace of ETH buys in each of the past four weeks, as our base case ETH is in the final stages of the ‘mini-crypto winter.’ In the past week, we acquired 101,745 ETH, continuing our aggressive accumulation strategy,” stated Lee.

Bitmine recently launched MAVAN (the Made in American VAlidator Network), the institutional grade staking platform. While MAVAN was originally developed to support Bitmine’s own Ethereum treasury, MAVAN intends to expand to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure. A portion of Bitmine’s ETH is already staked on the MAVAN platform.

As of May 3, 2026, Bitmine total staked ETH stands at 4,362,757 ($10.2 billion at $2,336 per ETH). “Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine’s ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward is $352 million annually (using 2.91% 7-day BMNR yield),” stated Lee.

“Annualized staking revenues are now $297 million. And this 4.4 million ETH is over 84% of the 5.18 million ETH held by Bitmine. Bitmine’s own staking operations generated a 7-day yield of 2.91% (annualized),” continued Lee.

Bitmine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which reportedly owns 818,334 BTC valued at $64.2 billion. Bitmine remains the largest ETH treasury in the world.

Bitmine is one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of $625 million (5-day average, as of May 1, 2026), ranking #173 in the US, behind Cheniere Energy (rank #172) and ahead of DoorDash (rank #174) among 5,704 US-listed stocks (statista.com and Fundstrat research).

The GENIUS Act and Securities and Exchange Commission’s (the “SEC”) Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold.

The Chairman’s message can be found here:
https://www.Bitminetech.io/chairmans-message

The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here: https://Bitminetech.io/investor-relations/

To stay informed, please sign up at: https://Bitminetech.io/contact-us/

About Bitmine
Bitmine (NYSE: BMNR) is a Bitcoin miner with operations in the US. The company is deploying its excess capital to be the leading Ethereum Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of “the alchemy of 5%,” the Company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities including staking and decentralized finance mechanisms. The Company launched MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in 2026.

For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat

Forward Looking Statements
This press release contains statements that constitute “forward-looking statements.” The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding: (i) progress and achievement of the Company’s goals regarding ETH acquisition, including the ‘Alchemy of 5%’ initiative and the long-term value of Ethereum; (ii) the Company’s beliefs regarding Ethereum’s performance relative to other assets, including its characterization as a “wartime store of value” and its performance during geopolitical events; (iii) the Company’s expectations regarding the current state and future trajectory of the cryptocurrency market, including statements that ETH may be in the “final stages of the mini-crypto winter”; (iv) continued growth and advancement of the Company’s Ethereum treasury strategy and the applicable benefits to the Company; (v) the Company’s share repurchase program, including statements regarding shares trading below intrinsic value, the Company’s ability to accretively retire common shares, and the execution of repurchases through open market transactions; (vi) the Company’s digital asset accumulation strategy and staking operations, including MAVAN, its expansion to serve institutional investors, custodians, and ecosystem partners, and projected annual staking revenues and rewards; (vii) statements regarding the benefits of Wall Street tokenization on the blockchain and agentic AI systems utilizing public blockchains; (viii) expectations regarding the potential impact of regulatory developments, including the GENIUS Act and SEC Project Crypto, on financial services and digital assets; and (ix) the Company’s financial flexibility to support its treasury operations and expanded repurchase authorization. In evaluating these forward-looking statements, you should consider various factors, including: Bitmine’s ability to keep pace with new technology and changing market needs; Bitmine’s ability to finance its current business, Ethereum treasury operations, share repurchase program, and proposed future business; the competitive environment of Bitmine’s business; market conditions affecting the trading price of the Company’s common stock; regulatory developments affecting digital assets, including the ultimate enactment and implementation of pending legislation and SEC initiatives; geopolitical events and their impact on cryptocurrency markets; the volatility and unpredictability of digital asset prices; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine’s control, including those set forth in the Risk Factors section of Bitmine’s Form 10-K filed with the SEC on November 21, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of Bitmine’s filings with the SEC are available on the SEC’s website at www.sec.gov. Bitmine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

ETHEREUM: Exiting winter, entering

IRAN: Crypto & Tech Outperformers since war

STAKING: BMNR now staking over 4.3 million ETH

ALCHEMY of 5%: BMNR ranked #173 by 5D avg daily $ volume

Bitmine Immersion Technologies, Inc.

May 4, 2026 0 comments

NFT Marketplace

HBAR Price Prediction: Trapped at $0.09 – June Breakout or 30% Collapse?

by admin May 4, 2026

written by admin

Hedera’s HBAR is running out of room. Trading in a suffocatingly tight band around $0.087 to $0.093, the token has spent weeks grinding sideways while every meaningful technical indicator compresses toward a breaking point. The consolidation is maturing. A decisive move is coming. The only open question is direction.

As of May 3, 2026, HBAR closed the week at $0.08792, down 4.63% over seven days, and sitting 85% below its all-time high of $0.57. The market capitalisation stands at $3.81 billion, with 43.37 billion of the 50 billion total supply already circulating. On the surface, these are the numbers of a project with genuine scale. Beneath them, the technical picture is considerably more troubled.

The Technical Picture: Momentum Exhausted

The RSI on the weekly chart reads 35.07 — not yet technically oversold, but at its lowest sustained level in over a year. This is not a token consolidating after a healthy rally. It is a token absorbing persistent selling pressure without generating a credible bounce. The MACD reinforces the concern: the signal line sits at −0.01938 while the histogram prints −0.02215, confirming that bearish momentum is the dominant force in the market right now. The ADX reading of 31.50 removes any ambiguity about whether this constitutes noise or trend — a figure above 25 confirms a genuine directional move is in force, and that direction is currently down.

What makes the setup especially volatile is the Bollinger Band compression. Bands have narrowed to roughly 30% of their normal width, a condition that historically precedes explosive directional moves rather than continued drift. The coiled energy in the chart is real. The question is simply which side releases it first.

HBAR 7D price chart (Source: CoinMarketCap)

Critical Levels: Where the Trade Lives and Dies

The $0.09 level has become the fulcrum of the entire setup. It functions simultaneously as psychological support and as resistance, with major moving averages converging at that price point and capping every recovery attempt. The 200-day simple moving average sits meaningfully higher at $0.12 — a 33% gap representing the first serious resistance any bullish breakout would need to clear. Beneath current price, the next structural support zone lies in the $0.065 to $0.070 range, translating to a potential 30% decline from where HBAR trades today.

Market positioning data does little to inspire confidence on the bull side. The buy/sell ratio sits at 0.498, meaning sellers are effectively matching buyers nearly two-to-one, creating persistent gravitational drag that keeps capping recoveries. Funding rates in derivative markets have turned negative at −0.0014%, and open interest has been declining — both conditions that typically precede further downside rather than sustained reversals. Institutional positioning holds a 53.7% long bias, which introduces some ambiguity, but that divergence between smart money and price action has yet to resolve in bulls’ favour.

The weight of technical evidence tilts toward a bearish resolution. A failure to hold $0.085 on a weekly close would likely accelerate selling toward the $0.065 to $0.070 support zone. Bounces into the $0.092 to $0.095 range represent high-quality short entries, with stops above $0.098. The bullish scenario requires a decisive close above $0.095 on volume exceeding 8 million daily — a threshold that would shift the structure and initially target $0.105, with an extended move potentially reaching the 200-day moving average at $0.12.

Hedera Open Interest (USD) (Source: Coinglass)

Hedera Open Interest (USD) (Source: Coinglass)

The Fundamental Paradox

What makes HBAR’s current situation genuinely interesting — and genuinely frustrating for long-term holders — is the stark contrast between its technical distress and its fundamental development. The Hedera Governing Council has continued attracting significant enterprise partners. McLaren Racing joined as a full voting member for the 2026 season, bringing F1 and IndyCar exposure and digital collectible infrastructure. Accenture is increasingly positioned as a governance player with crossover ties to NVIDIA, Palantir, and U.S. government infrastructure work. The Canary HBAR ETF on Nasdaq accumulated $93 million in cumulative inflows by early 2026. Hedera has processed over $10 billion in real-world asset settlements. In March, the network launched its AI Agent Lab, opening on-chain tooling for autonomous AI systems at a moment when the AI-crypto infrastructure thesis is gaining serious institutional traction.

The Fundamental Paradox

The Fundamental Paradox

By almost any fundamental metric, this is a project doing meaningful work. Its governance council, enterprise client base, and hashgraph architecture give it a credibility floor that most altcoins cannot claim. And yet the token sits 85% below its all-time high, and the gap between partnership announcements and price action keeps widening.

This is the central paradox of HBAR in mid-2026: a project that has earned institutional respect, and a token the market has not yet rewarded for it. Credibility, it turns out, does not automatically translate to price discovery. The ETF inflows should matter. The McLaren partnership should matter. The $10 billion in settlements should matter. At some point, they likely will. But in the near term, the chart is the only truth the market is acting on — and the chart is pointing lower.

The Bottom Line

June sets up as the natural resolution window. Bollinger Band compressions of this magnitude do not persist indefinitely, and the deteriorating RSI alongside a confirmed ADX trend suggests the pattern is approaching its terminus. If a fundamental catalyst — a major governance announcement, a surge in ETF inflows, or a broader macro risk-on rotation — arrives in the next four to six weeks, it could be the match that lights the long side. Absent that, the path of least resistance remains to the downside, and the technical structure will likely have its way.

Longer-term models from Coinpedia and Cryptopolitan project a range of $0.24 to $1.05 for 2026 under bullish assumptions — targets predicated on macro tailwinds and institutional risk appetite that have not yet materialised. For holders, the framework is straightforward if uncomfortable: defined risk below $0.085, a clear bull invalidation above $0.095, and patience measured in weeks rather than days. For observers, HBAR in June is shaping up to be one of the more consequential technical set-ups in the large-cap altcoin space — a genuine binary between a belated enterprise re-rating and a capitulation toward historical support. The market will decide. It always does.

Disclaimer NFTPlazas provides trusted news and insights on Web3. The views expressed on this site do not constitute investment advice. Before making any high-risk investments in cryptocurrency or digital assets, please conduct your own thorough research. All transfers and transactions are carried out at your own risk, and any resulting losses are solely your responsibility. NFTPlazas does not endorse the buying or selling of cryptocurrencies or digital assets and is not a licensed investment advisor. Please also note that NFTPlazas may participate in affiliate marketing programs.

May 4, 2026 0 comments

Crypto Regulations

Algorand (ALGO)’s Native Multisig Simplifies Asset Security

by admin May 4, 2026

written by admin

Terrill Dicki
May 03, 2026 17:36

Algorand (ALGO)’s native multisig eliminates smart contract risks, offers low fees, and supports seamless treasury management for teams and DAOs.

Algorand (ALGO) is doubling down on security and usability with its natively integrated multisignature (multisig) feature, offering a streamlined approach to asset management without the complexities of smart contracts. Unlike many blockchain ecosystems where multisig solutions rely on third-party smart contracts, Algorand has embedded this functionality directly into its protocol. This design eliminates vulnerabilities tied to contract bugs and reduces the operational overhead for users managing shared accounts or treasuries.

Protocol-Level Multisig: No Contracts, No Deployment

On most blockchains, implementing multisig requires deploying a smart contract, such as Gnosis Safe on Ethereum. While flexible, these setups are prone to risks like coding errors, high deployment costs, and dependency on external audits. Algorand takes a fundamentally different approach. A multisig account on Algorand is derived directly from signers’ public keys, a threshold (e.g., 2-of-3 signatures), and a version number. The account exists without requiring transactions, deployments, or audits, as it operates at the protocol level rather than the application layer.

This native implementation ensures that funds remain secure even in the absence of third-party tools. Users avoid the risk of losing access due to a smart contract vulnerability, a stark contrast to Ethereum, where high-profile contract exploits have resulted in millions in losses.

Low Fees and Predictable Costs

Cost efficiency is another key advantage. Multisig transactions on Algorand incur minimal fees, starting at just 0.001 ALGO, even during high network congestion. In contrast, contract-based multisig solutions like those on Ethereum require gas fees that can spike significantly during busy periods. This makes Algorand particularly attractive for time-sensitive operations, such as treasury rebalancing or governance decisions, where cost predictability is crucial.

Flexible Coordination and Enhanced UX

Algorand’s native multisig design also simplifies coordination. Transaction signatures are embedded directly within the transaction data, enabling signers to act independently in any order. Tools like Pera Wallet’s recently launched Shared Accounts capitalize on this design, offering seamless coordination by collecting partial signatures and broadcasting the transaction once the threshold is met. For teams requiring full transparency, the ARC-55 standard allows every signature and transaction to be stored on-chain, ideal for DAOs and governance bodies.

Signer Rotation Made Simple

One standout feature of Algorand’s multisig implementation is its rekeying capability. Teams can rotate authorized signers or switch to a new multisig configuration without changing the account’s public address. This eliminates the need for disruptive migrations and ensures continuity for accounts tied to business processes or third-party integrations. For organizations navigating frequent personnel changes or responding to key compromises, this is a game-changer.

Why Algorand’s Multisig Matters

Security, cost efficiency, and flexibility converge in Algorand’s native multisig solution. It’s an attractive option for businesses, DAOs, and individual users looking for robust asset management tools. By eliminating reliance on smart contracts, Algorand sidesteps vulnerabilities that have plagued other blockchains, such as Ethereum’s infamous Parity wallet attack, which froze over $150 million in user funds. Additionally, its low fees and streamlined user experience make it accessible even for smaller organizations.

With wallets like Pera Wallet and My Algo supporting these features, Algorand is positioning itself as a leader in secure, scalable treasury management. Whether you’re a DAO managing multi-million-dollar treasuries or a small team sharing control of funds, Algorand’s multisig infrastructure offers a straightforward, reliable solution.

For developers and teams ready to adopt this technology, resources are available on Algorand’s developer portal. As blockchain security remains a top concern, Algorand’s approach to multisig is a compelling case for building and securing assets within its ecosystem.

Image source: Shutterstock

May 4, 2026 0 comments

DeFi Innovations

Crypto companies raised $600m in April despite despite market downturn, VCs say

by admin May 4, 2026

written by admin

An epidemic of “disingenuous innovation” plagues the crypto industry, VCs say.
Still, crypto companies raised just over $600 million in April.

Crypto companies raised just over $600 million from venture investors in April, DefiLlama data shows.

That’s despite the epidemic of “disingenuous innovation” that is plaguing the digital assets industry, Diego Martin, CEO of Yellow Capital, told DL News, referring to grand promises widely made by crypto startup teams that are rarely fulfilled.

“Institutional investors typically wait for retail demand before taking a punt on innovation,” Martin said.

To be sure, fundraising in April fell some 75% from March, which was a blockbuster month that saw massive raises in the prediction market sector amid a shifting focus in the crypto industry.

“Trust is the primary barrier — and opportunity — to tap into, due to the nature of the technology we work with,” Martin said.

Still, marquee investors including German banking giant Deutsche Börse Group, Andreessen Horowitz, Paradigm and Coinbase, all piled on capital into crypto companies including Kraken, OpenGradient, and Pixie Chess.

These are the top three raises in April.

Kraken, $200 million

Payward, the parent company of crypto exchange Kraken, raised $200 million through a secondary share sale to Deutsche Börse.

The deal gives the German banking group a minority stake as it moves deeper into digital assets.

The move values Kraken at about $13.3 billion, down from $20 billion in late 2025.

The company made five acquisition deals in 2025. Kraken’s co-CEO Arjun Sethi told DL News in September that the firm had more transactions lined up.

Slash, $100 million

Neobanking platform Slash raised $100 million in a Series C round led by Ribbit Capital. Khosla Ventures and Goodwater Capital also backed the raise.

Slash provides banking tools for online businesses, including those using crypto.

The latest round pushes Slash into unicorn territory, valuing the company at over $1 billion and bringing total funding past $160 million.

New Enterprise Associates and Y Combinator also joined the round, marking their fourth investment in the company.

Pharos, $44 million

Pharos raised $44 million in a Series A round backed by SNZ Holding, Chainlink, and Flow Traders, Coindesk reported. The company is building a Layer 1 blockchain focused on handling large-scale financial activity.

Pharos supports Ethereum-compatible applications, making it easier for crypto-native developers to use.

You’re reading the latest instalment of The Weekly Raise, our column covering fundraising deals across the crypto and DeFi spaces, powered by DefiLlama.

Lance Datskoluo is DL News’ Europe-based markets correspondent. Got a tip? Email him at lance@dlnews.com.

May 4, 2026 0 comments

Bitcoin & Altcoins

Exodus Bets Self‑Custody Can Power Everyday Life

by admin May 3, 2026

written by admin

On stage, co-founder and CEO JP Richardson opened by talking about the company’s derailment at the New York Stock Exchange in May 2024, when Exodus flew 130 employees, friends, and family to Manhattan only to learn the night before that regulators had pulled its listing.

He described the reversal as a rule change at “the 11th hour” that left a room of supporters stunned and forced the company back into private status despite having, in his telling, followed the playbook.

That episode ended months later after the U.S. election, when Exodus finally listed on NYSE American in January with the same team, ticker, and business, but under a new administration more open to digital asset companies.

Richardson framed that saga as proof that Exodus can absorb political and regulatory shock while holding to a single principle: money belongs under user control.

Exodus, founded in 2015 in Omaha, built a self-custodial wallet that stores keys on user devices and routes swaps across multiple liquidity providers, offering access to Bitcoin and other assets without ever holding customer funds in company accounts.

Fixing the “pub test” and app sprawl

The CEO argued that crypto still fails normal users on basic usability. He recounted an early experience helping a friend download four different wallets and write a 12-word seed phrase on a cocktail napkin, a ritual he said still defines too many products a decade later. Richardson called this the “pub test”: if a friend in a bar cannot safely set up a wallet without resorting to napkins, the industry has missed the mark.

He extended that critique to chain tribalism, insisting that consumers do not care whether payments settle on Solana, Ethereum, Arbitrum, or Base as long as the experience works.

To make the point concrete, he asked the audience to pull out their phones and count how many apps they use for money. The typical screen, he said, shows a bank app, person-to-person payment apps, a brokerage account, and often a separate crypto wallet.

He cast this fragmentation as a structural problem that leaves consumers juggling providers who do not share their interests.

Exodus wants to replace that cluster with “one app” that holds digital assets, connects to card networks, and routes payments while keeping users in self-custody.

Owning the rails: Monavate, Baanx and Exodus Pay

A central reveal at the summit was the closing of the Monavate and Baanx UK acquisitions, a move that shifts Exodus from “renting the rails to owning them,” in Richardson’s phrase.

Monavate and Baanx supply regulated card issuing, acquiring, and processing infrastructure in the UK and EU, including BIN sponsorship, Visa and MasterCard membership, and fraud systems that already support crypto brands such as Ledger and MetaMask.

Exodus previously agreed to acquire their parent, W3C Corp, in a roughly $175 million deal aimed at building an on-chain payments stack; the company later enforced a $70 million secured loan against that group in UK receivership to protect its position.

With those assets, Exodus gains the ability to issue and process cards directly rather than acting as a program that rides on third-party rails.

CFO James Gernetzke said the combined platform now supports six layers of activity, from the core wallet and swap engine to stablecoin issuance, card programs, and banking rails, giving Exodus “owner economics” on each step of a transaction.

On stage, he walked through a £100 purchase example, explaining that where Exodus once retained a fraction of the economics as a client of Monavate and Baanx, it now captures a larger share through interchange, processing fees, and interest on float.

Richardson and Gernetzke both made it clear that Exodus is trying to grow past a trading‑centric model after a peak year in 2025, when it generated $121.6 million in revenue and $11 million in adjusted EBITDA on a base of roughly 1.5 to 1.6 million monthly active users.

In early 2026, the limits of that dependence on crypto cycles came into sharper focus: preliminary first‑quarter results show revenue falling to $22.7 million from $36.0 million a year earlier, a $36.4 million net loss on digital assets, and a 22% quarter‑over‑quarter drop in exchange volume to $1.18 billion, even as monthly active users held at 1.5 million and funded users slipped to 1.4 million.

Gernetzke described the tight correlation between trading revenue and Bitcoin’s price as a ceiling the company needs to break.

Exodus Pay, now live in all 50 states, is the clearest expression of that strategy. Embedded in the core wallet, it lets users spend USD‑backed stablecoins, Bitcoin, and other assets anywhere Visa or Apple Pay works, while keeping keys in self‑custody and turning every checkout into interchange, processing, and float income.

Later in the Summit at a fireside chat, Richardson cast that stack as infrastructure not only for today’s users but for AI agents that will execute autonomous payments across the same rails.

May 3, 2026 0 comments

Blockchain Startups

U.S. voters don’t trust Trump administration to oversee crypto sector, CoinDesk poll finds

by admin May 3, 2026

written by admin

Most voters in the U.S. aren’t comfortable with President Donald Trump’s hand on the wheel of crypto industry oversight, with 62% saying they don’t trust his administration on that point, according to a survey commissioned by CoinDesk.

After the previous administration’s heavy hand on crypto, Trump’s promise to make the U.S. the “crypto capital of the world” reignited hopes in the sector. The president has deployed his White House to pave a wide road toward friendly crypto regulation. His administration named a high-profile crypto czar, issued executive orders to map out an industry agenda, named regulators who vowed to support friendly new rules and shepherded legislation to create the first major U.S. crypto law.

However, the polling trend seems to show that Trump’s broader political popularity beyond crypto has steadily waned, and his approval rating among U.S. voters is sinking, with this latest polling putting it at 40%.

This article is part of a CoinDesk series on voters’ views for the 2026 midterm election.

Almost half of the respondents (45%) are also aware that the president and his family have built a profitable personal stake in the crypto industry, which includes partial ownership and control of World Liberty Financial and other digital assets interests. The poll revealed that 73% of the public opposes its senior government officials — without identifying any in particular — having personal business dealings in the industry.

(CoinDesk/Public Opinion Strategies)

While Republicans are the most flexible on that point, a strong majority of 59% of GOP voters also can’t stomach those kinds of ties.

However, most people don’t know the extent of Trump’s financial involvement, with only 17% of those polled being aware that he and his sons backed the launch of World Liberty. Though the Trumps have many irons in crypto fires, World Liberty has drawn special attention for a number of potential conflicts and controversies.

The online survey conducted last week was split evenly between voters who supported Trump and Democrat Kamala Harris in the last presidential election, so a large majority of respondents doubting his administration’s crypto capabilities would seem to demonstrate a shift since 2024 in the sentiment of some of Trump’s voters.

The White House didn’t respond to requests for comment, but a spokesman for World Liberty responded to the polling data with a statement that Trump “pledged to make the United States the crypto capital of the world, and World Liberty wholeheartedly supports this vision.”

“The president has continually delivered on his promise to ensure that one of the most important technological breakthroughs of the century develops and thrives in America,” the company spokesman said.

Apart from people’s thoughts on Trump and government officials’ involvement in crypto, the survey of 1,000 registered voters performed by research firm Public Opinion Strategies delved into perceptions of crypto and the voters’ intentions in this year’s elections, revealing that most retain a distrust — or at best an uncertainty — about cryptocurrencies and their place in the economy and politics. The snapshot of public opinion carries a “credibility interval” of about 3.5%, representing the statistical uncertainty of the survey’s results.

The crypto industry has had a delicate relationship with the president, rejoicing at his regulatory appointments and policy choices, but having to quietly weather his own business involvement in the sector, which brought a host of challenges in lobbying for crypto legislation. The crypto world’s biggest aim in Washington is to get a new law that formalizes U.S. regulation of the industry, but Trump’s political opponents argue it benefits his own interests. The current effort is known as the Digital Asset Market Clarity Act, and while Trump’s White House has been one of its major boosters, his own crypto ties may get in the way.

The Clarity Act has already passed the U.S. House of Representatives and remains a few steps away in the Senate, but one of the last sticking points is a Democratic request that it should include a ban on the kind of personal crypto ties that CoinDesk’s poll revealed most people oppose. The provision to halt senior officials from crypto interests clearly had Trump in mind when the lawmakers called for it, and the bipartisan talks over its potential form have stretched across months and have included back-and-forth exchanges of language ideas in recent days.

In previous attempts, White House officials have said they won’t stand for a bill that targets the president or his family members. It’s unclear how the final version will avoid affecting Trump while also living up to Democrats’ expectations that it prevents government conflicts of interest.

The bill will need plenty of Democrats if it’s expected to eventually win the 60 votes typically required for legislation to get Senate approval.

Last weekend, President Trump spoke at an event for a few hundred of the top investors in his self-branded memecoin $TRUMP. There, he assured the crowd that the U.S. is the “leader in crypto.” He also told them the assets have “become mainstream.”

According to the CoinDesk survey, the industry has only become a regular part of the lives of a small segment of the population — not quite mainstream. And most haven’t embraced the industry’s most important political booster, Trump, as an industry watchdog they’re ready to trust.

CoinDesk will release data from this survey on Tuesday at Consensus Miami.

May 3, 2026 0 comments

Web3 Development

Crypto News Today: AlphaPepe Presale Nears $1.1M Raised Whilst Cardano Price Prediction Targets $5.00

by admin May 3, 2026

written by admin

MONACO CITY, Monaco, May 02, 2026 (GLOBE NEWSWIRE) — AlphaPepe is nearing $1.1 million in total presale capital raised as Stage 15 continues at $0.01634 per token, pushing the project deeper into its Q2 launch window ahead of the exchange debut. The move comes as Cardano price prediction headlines keep the $5.00 bull case in play, with Midnight, institutional tokenization, and network infrastructure upgrades returning to the center of the ADA narrative.

Cardano remains one of the major altcoin benchmarks in this setup, but its upside still depends on enterprise adoption, Midnight traction, and broader altcoin market strength building over time. AlphaPepe is moving in an earlier window, where Stage 15 is live, the presale is approaching $1.1 million, and the next price reset can arrive before wider exchange access begins.

Crypto News Today: AlphaPepe Nears $1.1M Raised While The Cardano Price Prediction Confirms The Bull Case

AlphaPepe’s move toward $1.1 million gives the presale another major milestone before launch. The project has already moved beyond $1 million raised, passed 8,100 holders, and brought its AlphaSwap AI DEX demo beyond 1,000 active users before public trading begins. That is the kind of milestone stack retail buyers watch when a presale starts shifting from early discovery into late-entry pressure.

This is where the presale-to-listing gap starts to matter. Before listing, buyers enter through the stage price. After listing, the market decides. Each stage transition removes the previous entry and pushes AlphaPepe closer to the public candle. Stage 15 is now live at $0.01634, and that stage-by-stage movement keeps tightening the current entry window.

Cardano remains the major altcoin benchmark in this setup. The $5.00 ADA target keeps returning because the network now has new institutional catalysts forming around Midnight, tokenized deposits, and enterprise-grade infrastructure. Monument Bank plans to tokenize up to £250 million of retail deposits on Midnight, while Google Cloud has entered a strategic collaboration with Midnight to support privacy-enhancing infrastructure and zero-knowledge technology.

AlphaPepe also removes one of the biggest launch problems in presales: delayed access. Token delivery is instant, with no vesting and no claim delay. That means buyers are not waiting for unlocks, claim portals, or post-listing distribution mechanics. They enter while the presale structure is still active and hold exposure before the exchange window opens.

AlphaSwap Gives AlphaPepe Product Proof Before Listing

At the center of the project is AlphaSwap, the AI-powered decentralized exchange built specifically for meme coin traders. AlphaSwap is designed to solve three recurring problems in the sector: unsafe contracts, poor visibility into whale activity, and fragmented execution. The contract screening layer identifies suspicious token behavior before users interact with a contract. The whale tracking system gives traders visibility into large wallet movements as they happen. The cross-chain execution architecture is built on BSC with speed and low-cost access in mind.

The 1,000-user demo milestone matters because it gives AlphaPepe a product-led story before listing. Many meme coin launches still come to market with branding, community energy, and future promises. AlphaPepe is entering the final presale stretch with users already testing its core product. That gives the launch a different profile from a typical presale built only on hype.

The 10/10 BlockSAFU audit adds another layer of credibility before public trading begins. In a market where security remains one of the biggest concerns for early-stage buyers, AlphaPepe is approaching launch with a completed audit, a live product demo, and a growing holder base already in place. That combination is rare in the current presale market.

Conclusion

Cardano’s $5.00 target remains a bullish longer-term scenario tied to enterprise adoption, Midnight growth, tokenization demand, and stronger altcoin market conditions. Monument Bank’s planned £250 million retail deposit tokenization gives Midnight a clearer institutional narrative, while Google Cloud’s collaboration strengthens the infrastructure story around privacy-focused blockchain adoption.

But Cardano’s path to $5.00 still depends on large-scale adoption, network usage, and broader market conditions lining up over time. AlphaPepe is moving on a shorter timeline. Stage 15 is live, the presale is nearing $1.1 million, the AlphaSwap demo is active, and the Q2 exchange debut is approaching with visible product traction already in place.

That is why the $1.1 million milestone matters. AlphaPepe is not asking the market to wait for utility after launch. Users are already testing the product, the audit is complete, the holder base is growing, and the presale has crossed a major psychological milestone before public trading begins. Cardano gives buyers the enterprise adoption trade. AlphaPepe gives them the presale-to-listing entry before the next price reset.

Stage 15 is active now, and every stage close moves the entry higher. Buyers waiting for the Q2 exchange debut may not be buying the same setup later. They may be chasing the price that early presale buyers secured before the public market arrived.

CLICK TO VISIT ALPHAPEPE OFFICIAL WEBSITE

FAQs

What is AlphaPepe’s current presale status?
AlphaPepe is nearing $1.1 million raised with 8,100+ holders. Stage 15 is live at $0.01634, the AlphaSwap AI DEX demo has surpassed 1,000 users, and the Q2 exchange debut is approaching.

Can Cardano reach $5.00?
Cardano bulls see $5.00 as a longer-term target if Midnight adoption, enterprise tokenization, network upgrades, and broader altcoin market strength continue scaling. Current catalysts include Monument Bank’s planned deposit tokenization on Midnight and Google Cloud’s infrastructure collaboration with Midnight.

Contact:
Jack Duffy
contact@alphapepe.io

Disclaimer: This content is provided by AlphaPepe. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/34d416a1-fa87-4a5c-abbc-3481d45ef3d6

May 3, 2026 0 comments

DeFi Innovations

Aave Deposits on MegaETH Cross $575M as Post-TGE Liquidity Pours In

by admin May 2, 2026

written by admin

MegaETH’s DeFi TVL has doubled since Thursday’s MEGA token launch, with USDM and Terminal Points farming pulling in fresh capital.

Aave’s deposits on MegaETH crossed $575 million on Friday as capital continued flowing into the Ethereum Layer 2 network a day after its long-awaited MEGA token launch.

The figure represents a sharp jump from the roughly $355 million in total DeFi deposits MegaETH hosted at the time of the TGE on Thursday, when Aave already accounted for the bulk of the network’s total value locked (TVL).

MegaETH, which markets itself as a “real-time” blockchain capable of more than 100,000 transactions per second with sub-10 millisecond block times, launched its mainnet on Feb. 9 with Aave deployed on day one. As part of that arrangement, MegaETH committed to a five-year revenue guarantee of at least $10 million to the Aave DAO.

The Aave market on MegaETH revolves primarily around USDM, the network’s native stablecoin built with Ethena and backed by USDtb. Yield generated on USDM flows back to the MegaETH Foundation, which uses it to buy back MEGA, tying lending activity directly to the token’s economics.

Capital inflows have accelerated alongside MegaETH’s Terminal Points season, an eight-week campaign that opened on April 28 and runs through June 23, rewarding users for depositing into and using ecosystem apps.

MEGA opened trading at around $0.22 on Thursday before falling roughly 30% to $0.15 in early price discovery, well below the $6 billion fully diluted valuation its pre-market perpetuals notched on Hyperliquid last October.

This article was written with the assistance of AI workflows. All our stories are curated, edited and fact-checked by a human.

May 2, 2026 0 comments

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