This Week's Featured Interactive Projects: Union and Miden Testnet, Ping Network Mining

Miden raises $25M following Agglayer Breakout program graduation

Polygon-derived project Miden completes $25 million seed round to build a privacy-focused blockchain

Polygon Labs has released the Miden Alpha testnet v3, introducing new features and planning future updates.

Polygon Labs launches Miden Alpha testnet v3

Composability Labs is developing the decentralized order book Spark on Polygon Miden.

Polygon Miden Alpha Testnet v.2 Launched with Enhanced Developer Features

Polygon has released the Miden Alpha testnet V2 version, enhancing development convenience.

Polygon Launches Miden Alpha Testnet for Private, High-Throughput Applications

Polygon Launches Miden Alpha Testnet with ZK-STARK Technology

Polygon Launches Miden ZK-Rollup Testnet to Enhance Ethereum Scalability

POLYGON MIDEN will launch BUILDER Testnet

We asked @bobbinth of @0xMiden about the zk teams he's most impressed with. "There are quite a few ZK teams I respect a lot." "The @StarkWareLtd team is probably one of the best in pushing to the next level of performance in terms of proving systems." "The @0xPolygon team is right up there with Plonky3 that's now being used across the industry." "And @RiscZero guys have a very strong cryptography team that's changing a lot." "The @SuccinctLabs team is also extremely strong with their new proving system powering the next generation." "Those are the strongest teams, but I think there is probably very, very close runner-ups."

The Miden Pioneer Program is how we support ambitious builders solving real-world problems:💰 Up to $300,000 in grants🛠️ 1:1 technical and product support✨ A shot at launching as a Lighthouse app on Miden mainnet https://t.co/N6fYldP5Cg

Happy to support @ZuBerlinCity 🤗 We'll host a session on June 17th with @schmiddominik1 to explore what makes Miden's design so special... See you there 😎

Miden Blockchain: Edge-First, ZK-Native The latest SNARK CHOCOLATE is served, hot and fresh 🍫 This week we sat down with Bobbin Threadbare (@bobbinth), co-founder @0xMiden, about designing a new blockchain protocol from the ground up around client-side proving — an "edge blockchain". 🔥 The vision behind Miden: building a blockchain assuming ZK is a native primitive 🔥 Why EVM and Solidity fall short for true client-side proving 🔥 How Miden’s actor model blends accounts and UTXOs for scalability and privacy 🔥 Trade-offs in launching as a centralized L2 before full decentralization 🔥 Why client-side proving matters — and what it actually looks like today 🔥 Privacy as a design principle: accounts, nodes, and nullifiers in Miden 🎧 Listen now: 🔽 Spotify (next post) ⤵️ Apple Podcasts (following post)

Here's a quick summary from @bobbinth during @eth_proofs Call #2 last Friday, May 23: ❓ What is Miden VM & what makes it different 🗣️ Here's a quick summary from @bobbinth during @eth_proofs Call #2 last Friday May 23 ⚙️ Covers custom ISA, recursion, client-side proving & more – all in one VM! https://t.co/cmluaFLxtW

Heading to Ethproofs Summit in Berlin on June 10? Miden co-founder @schmiddominik1 will be speaking. Come say hi 👋

RT @_weidai: @phklive @0xMiden @inconetwork @t0bou @remi_gai Inco and Miden are actually quite complementary: - zk for private transaction…

Miden's 5-year vision? A medium-sized country running its financial system on it. Private, compliant, client-side ZK proving, built for massive-scale asset exchange. Hear it from @schmiddominik1 on last Monday’s @Agglayer X Space. https://t.co/iZfp7UO3vC

Tune in to listen to our very own @schmiddominik1 talk about Miden! https://t.co/5k1F5Q15jO

Exactly 3 years (and 1 week 😅) ago @bobbinth shared the first public sketch of Miden — not yet a protocol, but a transaction model to guide the design of the VM.Back then: a general outline of accounts, notes, and local proving.Now: the first edge blockchain 😎 https://t.co/YRz5P8RqwB

KuCoin Ventures Weekly Report: Macro Benefits Drive Bitcoin to Break Through $100,000, Ethereum's Pectra Upgrade Attracts Market Attention

Some fake links have been reported in the past few days. As always, be careful with fake addresses not coming from Miden official account (such as URLs with mlden, milden, mliden, etc). Safety first!

🚀 @0xMiden is a ZK-rollup Layer 2 on Ethereum — private, scalable smart contracts. 💰 Raised $25M (a16z, 1kx, Hack VC)Testnet live. Do tasks, get early status, farm the drop.https://t.co/B1YuE1aXUj https://t.co/N3m3IxszfO

Tune in to hear our very own @bobbinth talk about privacy, edge blockchains, and Miden 🎧 https://t.co/XDPgzivMO8

This Week in Domains | No. 33 Top V Sales 🔥 enswallet.eth sold for $5,529 196.eth sold for $3,318 miden.eth sold for $2,212 trx.eth sold for $1,880 stromverbrauch.eth sold for $553

👏 Crypto #Funding Summary (Apr 28 - May 2) 💹 Congrats to @DinariGlobal @untolabs @ROVR_Network @terminal3io @pencilfinance_ @zardotapp @campnetworkxyz @Gata_xyz @ikadotxyz @0xMiden @YOAKEPROTOCOL #Crypto #Web3 https://t.co/Ttv8OY68Pq

Join @sandeepnailwal on Thursday for a chat with @0xMiden on Edge Blockchains 🎙️

📣 Last Week In Crypto 🌐 Macro News: — Japan threatens to offload its $1 trillion US Treasury holdings if Trump trade talks don’t go well — Fed chair Powell makes it clear he’s not cutting interest rates at this week’s meeting — Trump calls for fair trade deal with China amid ongoing tensions 🛠 Project Updates: — Worldcoin launches US identity platform, partners with Visa and Tinder for digital ID expansion — Zypto’s new feature lets you use Pi Coin like cash on a Visa Card — Vitalik Buterin calls to simplify ethereum protocol with New Design 🪂 Drophunting: Sign - Claim & TGE OP NET - Incentivized testnet 0G Labs - Checker is live Miden - Testnet Haedal - Claim & TGE ZAR - Point farming Zeko - Zealy tasks Aztec - Aztec testnet 🚀 Ongoing Activities: — Join CryptoRank Mini App and collect CR Points 

💎Largest Fundraising Rounds Of April💎 @Auradine_Inc - $153M @LayerZero - $55M @AlpacaHQ - $52M @NousResearch - $50M @blackbird_xyz - $50M @wunder_social - $50M @meanwhilelife - $40M @symbioticfi - $29M @0xMiden - $25M @campnetworkxyz - $25M

Weekly Crypto Update: April 28 - May 4 📊Market Movements - Bitcoin is up 0.06% over the last 7 days, currently at $94,700 - Ethereum is sitting at $1,800 with a 0.85% increase from the previous week - Last week’s top 3 gainers were VIRTUAL (+37%), LAYER (+20%), and FLR (+19%), while the top 3 losers were TRUMP (-27%), PENGU (-19%), and ENA (-17%) - The crypto market’s Fear & Greed Index is at 49 Neutral today - Crypto market capitalization is at $2.95 trillion, down 1.1% since yesterday - Stablecoins market capitalization is up 0.55% in the last 7 days, currently at $234 billion, with USDT dominance at 61.8% - NFT sales volume decreased by 84% over the previous 7 days and total sales decreased by 20%, with 133,283 sales - Bitcoin's market cap dominance is currently at 63.7%, Ethereum at 7.4%, and other cryptocurrencies at 28.9% 💰Investments & Partnerships - MultiBank, MAG, and Mavryk sign a $3 billion RWA tokenization deal whereby MAG’s luxury real estate will be tokenized on MultiBank’s platform on Mavryk’s blockchain - MEXC launches a $300 million ecosystem development fund to help projects on an invitation-only basis - Ethena partnered with TON to integrate its USDe and sUSDe stablecoins within the TON blockchain for Telegram users - Blockchain R&D firm Unto Labs raised $14.4 million to continue development of its layer-1 network Thru - Miden, a zero-knowledge blockchain, raised $25 million in funding to aid development and mainnet launch in Q4 2025 - Blockchain infrastructure developer Optimum received $11 million in seed round funding to build a high-performance memory layer for the blockchain - Abu Dhabi wealth fund ADQ, First Abu Dhabi Bank (FAB), and International Holding Company (IHC) team up to launch a dirham-pegged stablecoin regulated by the Central Bank of the UAE and issued by FAB 🌐Blockchain Tech & Gaming - Ethereum developers propose 2 new token standards, ERC-7930 and ERC-7828, to simplify cross-chain transactions and improve multichain UX - FIFA is launching a new EVM-compatible blockchain network, FIFA Blockchain, to host its NFT collection, with migration happening on May 20th - Solana developers patched a zk vulnerability that could have allowed unauthorized token mints and withdrawals 📃Regulatory Developments - Europe to ban anonymous crypto accounts and privacy coins by 2027 under new AML regulations - A Texas lawmaker proposed installing cryptocurrency ATMs in federal buildings across the U.S. - Japanese company Metaplanet to open a US-based subsidiary and expand its Bitcoin accumulation strategy, planning to raise $250M - US Treasury predicts in its April 30 report that the stablecoin market cap could reach $2 trillion by 2028 - The Government of the Maldives signed a $8.8 billion deal with Dubai’s MBS Global Investments to develop a crypto hub in their capital, Malé, and attract foreign investors - Apple softens crypto-related app rules, with no “commission or any fee on purchases that consumers make outside an app” meaning that external payments and NFT links are allowed again 🛡️Crypto Security - According to CertiK, crypto losses increased by 1,165% in April, with the largest sum coming from a $330 million hack of an elderly US individual’s wallet - Kraken experienced a North Korean hacker attempting to apply for a job; industry partners quickly helped identify a network of fake identities - DeFi protocol Loopscale experienced a $5.7 million exploit, and almost half of the funds have now been recovered in negotiations with the hacker - Hackers infiltrated the New York Post’s X account to send scam DMs and direct users to connect via Telegram 🗞️Miscellaneous - Europe’s 2nd largest neobank, Bunq, to enable users to invest in more than 300 cryptocurrencies, citing growing retail investor demand - Most merchants in Cannes, France, will start accepting crypto payments by summer 2025 - BlackRock’s Bitcoin ETF had almost $1 billion in inflows on April 29th, 2nd largest amount since the start of the ETF January 2024 - Investment firm MGX from Abu Dhabi will use Trump’s World Liberty Financial USD (USD1) for its $2 billion investment into Binance - Sam Altman’s World (formerly Worldcoin) launched in 6 U.S. cities Have a successful week ahead! - Swapin Team 

Wu Says Daily Selected Crypto News + Wu Says Weekly Highlights: Top 10 News and Popular Articles

FUNDRAISING ROUNDS: April 26 - May 3💰 We are pleased to present a selection of the latest #fundraising rounds of this week. #CampNetwork, #Miden, #ZAR

Crypto Fundraising Activities of the Week @DinariGlobal => $12.70M @0xMiden => $25M @campnetworkxyz => $25M @NousResearch => $50M @NousResearch => $20M @magicblock => $7.50M @Gata_xyz => $4M #Cryptolenz #Crypto #cryptocurrency #CryptoNews #Blockchain #Web3 #Fundraising https://t.co/6qxw3J2Xm1

✨ ZK-Newsflash! ✨ Here are the highlights of what happened in the ZK space from April 24th to 30th — presented by @BJ_Dyakov. ✅ @0xMiden announced their $25M seed round. ✅ @0xLita proposed the Valida ISA extension to replace the EVM. ✅ @KakarotZkEvm delivered @Ethereum's first alternative ZK stack, aiming for real-time STARK proofs on L1 by end-2025. ✅ @LayerZero_Core and @SuccinctLabs introduced vApps: Verifiable Applications at Internet Scale. 1/

Miden, a Polygon spin-off, just raised $25M to bring zero-knowledge privacy and speed to institutional blockchains — backed by 16z, 1kx, Hack VC. 📈 A real bet on private infrastructure for institutions — not just hype, but foundation-laying. #ZK #CryptoAdoption #Polygon #Web3Infrastructure

Key Market Information Gap on May 1st, A Must-Read! | Alpha Morning Brief

If I wasn't working on Miden, I'd want to work at LambdaClass. FYI: We’ve got offices in Buenos Aires, Montevideo, Barcelona, and Paris. You could skip winter year-round — or summer, your choice.

📢 @0xMiden has closed its $25M funding round led by @a16zcrypto! Additional round participants included @Hack_vc, @1kxnetwork, @FinalityCap, @Symbolicvc, @PolygonVentures, @MH_Ventures, and others. Miden is an Edge blockchain that builders can use to create novel, high-throughput, private applications for payments, DeFi, digital assets, and gaming.

The public fallout between Musk and Trump led to a decline in the prices of DOGE and TRUMP tokens.

Glassnode: BTC long-term holders are slowly selling off

The highest yield from the Binance Alpha airdrop this time is approximately USD 88.5.

UK FCA: Lifts Ban on Cryptocurrency Exchange-Traded Notes (ETNs)

SUIUSDT is currently quoted at $3.1589, with a 24-hour increase of 8%.

The SIA NEXX official website will be officially launched on June 6, kicking off the first round of ecosystem whitelist applications and points activities.

"Federal Reserve Mouthpiece": On a broader scale, the U.S. Unemployment Rate is Actually Rising

Binance Alpha Launches fly.trade (FLY)

In the past 24 hours, the entire network experienced liquidations totaling 972 million USD, with long position liquidations dominating.

Outflows from Shiba Inu whale funds trigger price pressure, SHIB faces a critical support test

Trump says the U.S. economy is "booming," with prices falling and wages rising

Market News: Major tech companies such as Apple, X, and Airbnb are exploring the adoption of cryptocurrencies

Data: James Wynn withdrew the remaining 700 thousand USD funds from Hyperliquid, partially transferring them to Kucoin.

Circle IPO loses potential earnings of 1.72 billion USD, becoming the seventh largest IPO underpricing case in decades

Major tech companies like Apple, X, and Airbnb have held preliminary talks about integrating stablecoins.

New York Times Analyst: The Federal Reserve Is Almost Certain to Choose Not to Cut Rates Again at the June 18 Meeting

The US Dollar Index (DXY) rose by more than 10 points in the short term, currently quoted at 99.12.

Analyst: U.S. Unemployment Rate Remains Stable, Concerns Over Significant Labor Market Slowdown Will Ease

The US Dollar Index (DXY) rose by more than 10 points in the short term, currently quoted at 99.12.

Interest rate futures traders expect the Federal Reserve to cut interest rates twice this year, in September and December.

The US unemployment rate in May was 4.2%, with seasonally adjusted non-farm payroll employment increasing by 139 thousand.

After the non-farm payrolls release, traders reduced their bets on a Federal Reserve interest rate cut.

Analysts Assess U.S. Nonfarm Employment Data: Job Growth Meets Expectations, Unemployment Rate Stable at 4.2%

Nonfarm payroll data exceeded expectations, leading to an expanded intraday gain in the US Dollar Index.

US unemployment rate in May at 4.2%, expectation 4.20%

Data: ETH breaks through 2.5 k USD

Before the Non-Farm Payrolls announcement, spot gold prices slightly declined.

Incident of Being Scammed When Exchanging HKD 1 Million Cash for USDT in Hong Kong and BiyaPay Secure Transaction Guide

BiyaPay Analyst: Millions in Cash Lost Buying USDT in Hong Kong! How to Safely Deposit and Withdraw USDT?

Before the Non-Farm Payrolls announcement, spot gold slightly declined

Before the Non-Farm Payrolls release, spot gold experienced a slight decline.

Elon Musk may engage in talks with Trump's aides to ease the disputes between both parties.

Before the release of the non-farm payroll data, the probability of the Federal Reserve maintaining the interest rate unchanged in June is 97.4%.

Trump Media & Technology Group Plans to Issue New Shares Worth 12 Billion USD

AI-driven meme coin Codename: Pepe is expected to achieve an explosive growth of 777,000%, while Dogecoin shows weak performance.

Matador completed approximately CAD 1.46 million in Series C non-brokered private placement financing to support the purchase of Bitcoin

Trump: No interest in talking with the "crazy" Musk

Trump: No interest in talking with the "insane" Musk

Binance Alpha Announces Launch of Defi App (HOME)

IOST surged over 12% briefly before retreating, with its market capitalization temporarily reported at 87 million USD.

Binance Alpha will launch the Defi App (HOME), with trading opening on June 10.

Blockchain insurance company Otonomi completes $3.40 million financing round, led by ATX Ventures

Before the market opened on June 6, U.S. stocks related to cryptocurrencies generally rose, with Coinbase increasing by 1.76%.

US stock pre-market cryptocurrency concept stocks broadly rise, Coinbase up 1.76%

Bitcoin Price Rebounds and Surpasses $104,000

Web3 security solution provider Dedge Security completes 4 million euro seed round financing, led by Tritemius

FARTCOIN's price soars amid rumors of Coinbase listing, with market enthusiasm and risks coexisting

Apeiron Group and the Porsche family jointly established Europe's first AI-focused investment firm, SQD.AI Strategies AG

Conflict between Musk and Trump Escalates, Causing Tesla Stock to Plummet; Bitunix Analysts Warn of Short-Term Bitcoin Risks

IOST Completes $21 Million Strategic Round Financing, with Participation from DWF Labs and Others

SSI Token Staking Epoch 2 airdrop claims are now open!

Yuta Logistics plans to acquire up to 15,000 Bitcoins with 1.50 billion USD in stock.

Trump: Inflation Has Ended

Institutional investors continue to withdraw from US dollar assets, and the trend of declining demand for the US dollar may persist.

Play Solana announced that the "Player2" NFT will be gradually available for minting starting June 16.

CryptoQuant Analyst: After the scandals involving Trump and Musk, the Federal Reserve may cut interest rates by 25 basis points in July

Binance.US has launched spot trading for HYPE.

The European Union plans to advance DeFi regulation in 2026, addressing the issue of ambiguous definitions in the current MiCA framework.

Huobi HTX will launch BOBBSC (Build On BNB) for the first time today at 20:00.

Ukrainian President: Russia launches large-scale attacks on Ukraine, almost covering the entire territory

Singapore's Monetary Authority clarifies the scope of the DTSPs regime, requiring licenses for providing digital payment tokens and capital market products to overseas clients.

Pendle updates the vePENDLE airdrop mechanism to switch to continuous distribution.

Ark Invest bought 4.49 million shares of CRCL on Circle's first day of listing.

Elon Musk and Trump Publicly Sever Ties, BiyaPay Analysts Interpret Market Impact

ALEX: Due to malicious activities on the platform, operations have been suspended to ensure user safety.

Trump: The New York Times and The Washington Post, the two 'newspapers' that have been against me for many years, have both failed.

After briefly surpassing 55 million USD in market capitalization, KBBB has retreated and is currently reported at 42 million USD.

ALEX: The platform has malicious activities and has suspended operations to ensure user safety.

MYDX Launches Community Squad Mode and Kicks Off the First "Ultimate Shiba Inu Squad Battle Season"

Bithumb Identifies Potential Security Issue, Suspends ALEX and STX Deposit and Withdrawal Services

Synthetix Announces Return to Ethereum Mainnet and Launch of Perpetual Contract Exchange

Strategy announces the initial public offering (IPO) pricing of STRD stock, aiming to raise approximately 980 million USD.

James Wynn: FartCoin is listed on Coinbase for liquidity exit

The conflict between Trump and Musk triggers market turmoil, Bitcoin falls below 100 thousand USD, Samson Mao suggests increasing Bitcoin investment.

Inflationary pressures continue to ease, Russian Central Bank unexpectedly cuts interest rate by 100 basis points

Aster Launches Email Login Feature

The Skate airdrop inquiry page is now live.

Skate Launches Airdrop Query Page

Cobo Stablecoin Weekly Report: Is Circle the Next Generation Crypto Blue Chip? The Market is Repricing the Stablecoin Business Model

Yu Yuantan Tian: In the face of the US unilateral tariffs, China still has countermeasures.

Poll: More than half of Americans do not support either side in the conflict between Trump and Musk

Yu Yuantan Tian: In response to the US unilateral tariffs, China still has countermeasures.

Singapore MAS: The primary regulatory targets are payment tokens or equity tokens.

The South Korean National Assembly is accelerating the review process of the Security Token Offering (STO) bill.

Hotcoin Research | Revealing the Script Behind Bitcoin's Price Fluctuations: Analysis of Bitcoin's Monthly Patterns and Outlook on Future Trends

Bitget to Launch Spot Trading for RVN and SKATE

Vance voiced support for Trump: "I'm very proud to stand shoulder to shoulder with Trump; he has done more than anyone I've ever seen in my lifetime."

Brazil is considering imposing taxes on cryptocurrencies to mitigate the impact of increased financial transaction taxes.

Huobi's "Sister" Season 3 Global Selection Returns with a Bang, Globally Searching for the Web3 Future Queen

Pakistan's Cryptocurrency Minister Meets with New York City Mayor to Discuss Bitcoin Collaboration

Okex Announces Delisting of Multiple Leveraged Trading Pairs and Adjusts Coin Discount Rates

Dr. Sun Tianyin, Deputy Director of the Green Finance Development Research Center at Tsinghua University PBC School of Finance, has confirmed attendance at the "Hong Kong Web3 Artificial Intelligence and RWA Industry Investment and Financing Ecosystem Summit."

Zeus Network Launches btcSOL, Introducing a New Mechanism to Stake SOL and Earn Bitcoin

L3 + Chain Abstraction + Token Flywheel: Dissecting the Triple Engine of the Rising Gaming Star B3

OKX Security Special | PoR Edition: Unlocking the Three Levels of Trust: "Verifiable, Healthiness, Solvency"

EigenLayer: The restaking mechanism has been launched on the testnet and is expected to go live on the mainnet by the end of June or July.

Swiss Government: Passed Legislation Allowing Automatic Exchange of Crypto Asset Information with 74 Partners

The blockchain game Civitia has launched its mainnet, based on Initia and Celestia.

Resolv Foundation: Token stakers meeting the snapshot criteria will share an airdrop of 2 million tokens on the OKX exchange, to be distributed after the event ends at 8:00 AM Beijing time on June 8.

Matrixport Research: The Economic Logic Behind the Summer Consolidation