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Polygon Labs acquires Toposware, pushing total ZK investment to $1B

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The deal brings Polygon’s cumulative zero-knowledge technology investment to over $1 billion, the company said. Toposware’s team is behind Polygon’s Type 1 Prover technology.

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Coin Market

Exodus to cut 25% of staff in company reorganization

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The wallet company said it expected the layoffs to generate between $10 million and $13 million in savings as part of its strategy to build a full-stack card issuance and payments platform.

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Hut 8, IREN deals lift AI-focused Bitcoin mining stocks

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Bitcoin miners rallied as investors cheered multi-billion-dollar AI infrastructure contracts, underscoring the sector’s accelerating shift toward data centers and cloud computing.

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Bitmine grows treasury to 5.78M ETH as Ether outpaces Bitcoin

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The Ethereum treasury firm added 7,430 ETH over the past week, bringing its holdings to nearly 5% of the network’s circulating supply.

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