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The Coinbase-incubated layer-2 network activated multiproofs on mainnet, combining TEE and ZK proof systems to move closer to full decentralization while cutting empty blocks by 99%.Base, the Layer 2 blockchain incubated by Coinbase, activated its Azul network upgrade on mainnet this month, marking the chain’s first independent protocol upgrade and a significant step toward Stage 2 decentralization. The upgrade launched on Base Sepolia testnet on April 21 and was targeted for mainnet on May 13, according to a blog post published by the Base engineering team that day. Multiproofs went live on mainnet by May 21, a follow-up post confirmed.Azul’s…

Sui Network is back online after a nearly six-hour outage on Thursday, which it attributed to a bug introduced by an update, marking the layer-1 blockchain’s second period of downtime in 2026.Sui posted to X on Thursday that activity on its mainnet had resumed after “a halt due to a crash bug in the gas charging logic introduced by the 1.72 release. A full incident review will be shared in the coming days.”Sui had earlier shared that the blockchain was “experiencing a network stall” and said that transactions could be paused until a fix is rolled out. The outage lasted 5…

An increasing number of Bitcoin holders are seeing their investments turn red as the holding structure continues to deteriorate across major cohorts, according to CryptoQuant. Annual balance growth for whale accounts holding between 1,000 and 10,000 Bitcoin (BTC) has turned negative in the fastest contraction this year, CryptoQuant said in a report on Thursday.Monthly growth has been flat since February, suggesting a shift from accumulation to mild distribution mirroring the 2022 bear market, it added.Bitcoin “dolphins”, who hold between 100 and 1,000 BTC and are dominated by exchange-traded funds and corporate treasuries, are still growing annually but growth has sharply decelerated.Monthly…

A wave of mid-2026 data shows artificial intelligence (AI) tools generate heavy hidden costs, with up to 82% of enterprise AI spending lost to bug fixes, rewrites, and review delays before reaching production. The strain shows across three fronts, with engineering teams shipping unreliable code, Oracle taking on heavy debt to build AI capacity, and OKX restructuring how it evaluates talent in an AI-first workplace. The Cost of AI-Generated Code Entelligence AI surveyed 2,444 companies and found that for every $1 spent on AI tokens, $0.44 covers bug fixes, $0.27 rewrites AI-generated code, and $0.11 vanishes into review and merge…

Blockchain analytics firm Arkham has tracked a Zcash (ZEC) whale who turned $15.85 million into $126 million. The position survived a 50% drawdown before 2026’s privacy coin rally. The wallet has realized roughly $22.61 million in profits while still holding 230,100 ZEC. Arkham revealed the trade on May 28, sparking speculation about the buyer’s identity. A Conviction Bet on a Quiet Asset The whale acquired 265,018 ZEC for $15.85 million on December 30, 2024. ZEC traded near $60 at the time and drew limited investor attention. ZEC currently trades at $548.78, down 0.82% over 24 hours. Zcash (ZEC) Price Performance.…

Bitmine owns more than 4.47% of the total ETH coin supply of 120.7 million Bitmine is 89% of the way to the ‘Alchemy of 5%’ in just 11 months 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 4,712,917 staked ETH, representing $10.1 billion at $2,134 per ETH MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR…

VICTORIA, Seychelles, May 26, 2026 /PRNewswire/ — MEXC, a pioneer in 0-fee digital asset trading, has released its March–April bimonthly security report, including the strategic deployment of 1,000 BTC to its treasury reserves to strengthen user protection. MEXC’s security infrastructure intercepted and restricted 26,897 accounts tied to coordinated fraud within 60 days, an 18.9% increase from the previous reporting cycle. Threat intelligence engines mapped 6,903 malicious syndicates (up 33.6%), with the heaviest concentrations emerging from the Commonwealth of Independent States (CIS) and Indonesia, tracking 3,567 and 1,524 threat clusters, respectively. All identified entities were immediately banned across the platform to…

Victoria, Seychelles, May 26th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, has released its March–April bimonthly security report, including the strategic deployment of 1,000 BTC to its treasury reserves to strengthen user protection. Alongside this massive capital injection, the exchange continues to scale its compliance architecture to neutralize evolving market threats. Intercepted 26,897 Accounts Linked to Organized Risk Activities During this 60-day period, MEXC’s security infrastructure intercepted and restricted 26,897 accounts tied to coordinated fraud—an 18.9% increase from the previous reporting cycle. Threat intelligence engines mapped 6,903 malicious syndicates (up 33.6%), with the heaviest concentrations emerging from…

Seoul, South Korea, May 26th, 2026, Chainwire The Scandic Finance Group (SFG) is laying the foundation for a comprehensive ecosystem of real services and digital financial technology with the SNC Scandic Coin (SNC). As a global conglomerate with more than one hundred and fifteen daily newspapers and companies in mobility, technology, security and real estate, the group is creating a common currency whose use goes beyond that of a means of payment. The new coin simultaneously serves as an access key, loyalty programme and store of value for users around the world. From today’s market launch on 26 May 2026, interested parties…

Decentralized platform Hyperliquid is now competing with established betting platforms such as Polymarket, but with a differentiated mechanism for resolving bets. The leading decentralized exchange has expanded its HIP-4 outcome contracts beyond crypto price milestones into real-world events. This native prediction-market infrastructure allows users to trade macro contracts, such as inflation data and interest-rate decisions, directly alongside their standard crypto perpetuals out of a single account.Outcome markets mark a notable expansion for the decentralized derivatives venue, which built its business around crypto perpetual futures and initially tested the product using price‑outcome contracts settled against its own market data.Hyperliquid first tested…