News
23 May 2025, 16:40
Cetus offers $5m reward for info on hacker
Cetus, the main decentralized exchange and liquidity protocol on Sui, has announced a $5 million reward for information that identifies the hacker in the $223 million hack that happened on May 22, 2025. The Cetus team said in an update on May 23 that it had not heard from the hacker responsible for the $223 million exploit that hit the Sui ( SUI )-based protocol. In the aftermath of the exploit, Cetus had offered the unidentified hacker a white hat deal . This came as a market reaction to the crypto theft saw most Sui tokens plummet. However, with no response from the hacker so far, the DEX project has asked for information on the hacker. It is offering a $5 million bounty reward. “We have not received any communication from the hacker. We encourage the hacker to sincerely consider our offer terms,” Cetus wrote in an update on X. “Simultaneously, with the support of Inca Digital and financial support from Sui Foundation, we are announcing a bounty of $5M for relevant information that results in the successful identification and arrest of the hacker(s).” You might also like: Ethereum-based game Ember Sword shuts down due to lack of funding The information Cetus’ security team seeks include a name, location and proof, with the public asked to submit this by email. But Cetus will end its pursuit of legal action if the hacker responds and returns the stolen funds. “If the hacker should cooperate and accept our offer as we hope, we will refrain from pursuing any further legal action or recourse, including the $5m bounty.” According to the update, payment of the bounty will be at the Sui Foundation’s discretion. On Thursday, as the hack unfolded, the Cetus team swiftly swung into action and froze most of the assets before the attacker drained them. This action saw the protocol freeze $162 million of the compromised funds. In its time-sensitive offer to the hacker, Cetus demanded that they return over 20,920 Ethereum ( ETH ) and all funds frozen on Sui. Read more: Sui-based Cetus Protocol offers $6M bounty to hacker after $223M exploit
23 May 2025, 14:53
Russia’s Bitcoin Mining Industry Leads Global Growth, Powered by BitRiver and Intelion
As of May 23rd, recent reports indicate that the **Russian Bitcoin mining sector** is experiencing unprecedented growth, positioning itself at the forefront of the global market. Currently, Russia holds the
23 May 2025, 13:23
Compass Mining Partners with Synota’s “Impact Mining” Initiative to Transform Bitcoin Hashrate into Community Impact
BitcoinWorld Compass Mining Partners with Synota’s “Impact Mining” Initiative to Transform Bitcoin Hashrate into Community Impact Initial donation supports a hospital and village in Nigeria , with plans for further expansion WILMINGTON, Del. , May 23, 2025 /PRNewswire/ — Compass Mining, a leading provider of Bitcoin mining infrastructure and services, proudly announces its role as the inaugural donor to Synota’s Impact Mining initiative. Through this groundbreaking partnership, Compass is turning Bitcoin’s computing power, or “hashrate”, into a humanitarian resource: affordable, reliable energy for underserved communities. Through this collaboration with Synota, Compass Mining aims to demonstrate another way the Bitcoin mining industry can contribute directly to energy access, healthcare, and education in underserved communities without leaving the data center. “This is hashrate with heart,” said Paul Gosker , CEO of Compass Mining. “We’re proud to show our customers and the broader industry how Bitcoin mining can improve lives, not just balance sheets.” Under the Impact Mining initiative, Compass Mining has directed some of the output of its mining machines to a Bitcoin mining pool configuration provided by Synota and managed on behalf of Renewvia Solar Africa, an operator of clean energy mini-grids in Africa . The revenue generated by this hashrate is used to offset electricity costs for critical infrastructure in Nigeria . At Oloibiri Hospital , Compass’s contribution is helping cover the monthly power bills. This allows the facility to redirect resources to patient care. Serving over 3,600 patients annually and having delivered over 34,000 babies since 2010, this hospital is now empowered to treat hundreds more. In Ozuzu , a rural village connected to a solar mini-grid in 2021, 150 homes, businesses, and a school are now benefiting from a 20% reduction in power costs thanks to Impact Mining. Lower energy prices mean more lighting, more technology use, and ultimately more economic opportunity. “Bitcoin mining has always been a driver of energy innovation,” said CJ Burnett, Chief Revenue Officer at Compass Mining. “Now it’s a driver of energy opportunity. A small portion of global hashrate is delivering outsized impact for real people.” Compass Mining views this initiative as a proof-of-concept that mining can be more than profitable; it can be purposeful. Whether through direct machine allocation or partial hashrate donations, every block solved can help power a brighter world. Looking ahead, Synota plans to expand the Impact Mining initiative and Compass Mining intends to continue the partnership. “We’re thrilled to have Compass Mining lead the way,” said Austin Mitchell, CEO and Co-founder of Synota. “They’ve shown that any miner, anywhere in the world, can take part in Impact Mining simply by redirecting a portion of their hashrate through a shared pool configuration. It’s a small step that can make a big difference. Donating hashrate also offers tax advantages, and we’re building the infrastructure to support that.” To learn more about Impact Mining, visit synota.io/impact-mining . About Compass Mining Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io . This post Compass Mining Partners with Synota’s “Impact Mining” Initiative to Transform Bitcoin Hashrate into Community Impact first appeared on BitcoinWorld and is written by chainwire
23 May 2025, 13:00
New Bitcoin High Fuels Demand for Cloud Mining – APT Miner Steps In
Bitcoin breaks through historical highs and is expected to go up to $150,000. Individuals or institutions can earn $18,000 to $500,000 a day through APT mining machines. On the most famous day in cryptocurrency history, Bitcoin’s price hit a new all-time high, and rightfully so. On this day in 2010, the cryptocurrency was worth about $40. Today, each Bitcoin is worth a whopping $111,000. It’s incredible that some companies aim to acquire 10,000 Bitcoins this year, and it’s a powerful reminder of how much the price of Bitcoin has risen. As Bitcoin soars, many investors are looking for new investment opportunities to obtain more stable and sustainable returns. At this time, APT Miner, a cloud mining platform, provides investors with new investment options. With the advent of APT Miner , it has opened the door to a new wave of investors, especially those who were previously reluctant to hold cryptocurrencies directly. APT Miner provides a simple, cost-effective, and environmentally friendly investment option for all investors. What Is APT Miner? APT Miner is a UK-licensed cloud mining platform, founded in 2018 and headquartered in Warrington, UK. It focuses on providing high-performance, low-cost cryptocurrency mining solutions using advanced hardware, intelligent algorithms, and cloud infrastructure. APT Miner claims to have more than 9 million users in more than 180 countries/regions around the world. It provides convenient and scalable mining services to users worldwide. The company is committed to sustainable development, using renewable energy to reduce electricity costs and environmental impact. How to Use APT Miner Cloud mining with APT Miner is straightforward, even for cryptocurrency newbies. 1. Register an APT Miner account. It only takes 3 minutes to register, and you will get $15 instantly after registration. 2. Choose your plan. Choose the plan you need based on your budget. Here are the potential contract benefits you can get. For more contract details, please visit the official website: https://www.aptminer.com/xml/index.html#/product It is very convenient for users to fund their accounts using a variety of cryptocurrencies (BTC, ETH, USDT, USDC, BCH, DOGE, XRP, SOL, LTC). Main Features of APT Miner Since its launch in 2018, APT Miner claims to have gained over 9 million users worldwide through cloud mining. Monitor your returns and reinvest earnings to accelerate growth. Use green energy to ensure sustainable development. No maintenance fees or unexpected costs. Get up to $ 100,000 referral bonus. Get guaranteed daily payments. Technical Support: APT Miner provides 24/7 online customer service to help you solve any problems. Top security measures, including McAfee and Cloudflare security measures, ensure the safety of user funds. If you want to get into cryptocurrency mining without spending too much upfront costs or dealing with operational headaches, cloud mining with APT Miner is the way to go. Whether you are a beginner or an experienced investor, APT Miner has the tools, security, and profits to make your mining experience enjoyable and stress-free. For more detailed information, please visit the BCH mining machine official website: https://www.aptminer.com/ Download the App: https://aptminer.vip/download/ The post New Bitcoin High Fuels Demand for Cloud Mining – APT Miner Steps In appeared first on Cryptonews .
23 May 2025, 12:48
Is BlockDAG Ever Going to Launch? Bitcoin Solaris Comes Designed With Scarcity, Roadmaps and Launch Dates
The post Is BlockDAG Ever Going to Launch? Bitcoin Solaris Comes Designed With Scarcity, Roadmaps and Launch Dates appeared first on Coinpedia Fintech News BlockDAG has generated considerable buzz with its claims of innovative architecture and scalability. However, despite aggressive marketing and wide social media traction, there is still no live product, no working mainnet, and no published date for token utility activation. Investors are increasingly asking when — or if — BlockDAG will deliver a functional blockchain. With no verifiable roadmap milestones achieved to date, the enthusiasm is being met with mounting skepticism. In contrast, Bitcoin Solaris is moving forward with a defined launch structure, detailed whitepaper, working infrastructure, and third-party audits already completed. While BlockDAG continues to operate in pre-launch ambiguity, Bitcoin Solaris is executing a step-by-step rollout grounded in transparency and provable scarcity. Bitcoin Solaris Offers Defined Token Supply and Network Participation Bitcoin Solaris maintains a hard cap of 21 million BTC-S tokens, with no future minting. Supply is allocated across fixed categories, with 20% designated for presale participants. The tokenomics are public, governed by smart contracts, and fully audited — ensuring that users are not exposed to shifting emissions or liquidity risks post-launch. Where BlockDAG has yet to detail its full economic model or provide clear evidence of token issuance mechanics, Bitcoin Solaris has already outlined its entire reward distribution structure through mobile mining and validator operations. This includes the upcoming Nova App, which will allow users to mine BTC-S directly from smartphones by contributing 1–5 GB of storage and idle CPU. Earnings are based on device uptime, not speculation. Mobile Mining and Live Architecture Distinguish Bitcoin Solaris Unlike concepts still in development, Bitcoin Solaris has completed its infrastructure build. The project operates on a dual-layer blockchain using Proof-of-Stake (PoS) and Proof-of-Capacity (PoC) for base-layer security, combined with Proof-of-History (PoH) and Proof-of-Time (PoT) on the Solaris execution layer. This system supports over 10,000 transactions per second with finality in two seconds — specs that are deployed and ready for global mobile participation. The Nova App is scheduled for rollout shortly after the close of the presale, with mining logic already tested and integrated. This timeline stands in sharp contrast to BlockDAG’s undefined roadmap and perpetual marketing phase. Independent Audits and Governance Verification Completed Bitcoin Solaris has completed a Cyberscope audit , confirming token contract behavior and emission limits. A Freshcoins audit evaluated system scalability and mobile mining integrity. The development team has also undergone full KYC verification , providing transparency around team leadership and governance. This level of review is not currently matched by BlockDAG, which has yet to publish any audit documentation or formal verification of team credentials. Presale Actively Underway With Fixed Terms Bitcoin Solaris is currently in Presale Phase 4, where BTC-S tokens are priced at 4 USDT. A total of 4.2 million tokens are allocated for this phase, and no further supply will be created. Participants are securing access not only to tokens but to early mining opportunities before network-wide competition begins. This presale is part of a clearly defined sequence leading into app launch, public listing, and mining rewards — all already laid out in the project documentation. By comparison, BlockDAG continues to accept new funds without delivering confirmed progress on protocol functionality or release dates. In a recent review, Crypto Volt discussed the gap between project visibility and technical readiness. He noted that Bitcoin Solaris is one of the few protocols offering both clear communication and demonstrable infrastructure — while others remain in promotional mode without delivering real functionality. BlockDAG continues to promise next-generation architecture, but the lack of a working product and concrete delivery timeline raises valid concerns. Bitcoin Solaris, by contrast, is delivering what the market increasingly demands: transparent launch phases, capped supply, audited contracts, and a live infrastructure. Now in Presale Phase 4 at 4 USDT, it offers users a clearly defined entry into protocol-level rewards before full network activity begins. For investors focused on delivery over speculation, the distinction is becoming harder to ignore. Website: https://bitcoinsolaris.com/ X: https://x.com/BitcoinSolaris Telegram: https://t.me/Bitcoinsolaris
23 May 2025, 12:34
Hyperscale Data announces acceptance of $TRUMP meme coin as payment method at indirectly-owned unit
More on Hyperscale Data Hyperscale Data looks to resume Bitcoin mining operations at Montana site Financial information for Hyperscale Data
