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Symbiotic is set to launch a modular restaking protocol on Ethereum. The new staking tool is permissionless and offers flexibility to stakers. The Symbiotic modular restaking is multichain and can permit any ERC-20 asset. What is Restaking, and Why Does it Matter? How Symbiotic is Gaining Traction
Hive Digital is acquiring Bitfarms’ 200 MW Yguazu mining facility in Paraguay for $85 million. It aims to reach 25 EH/s by Q3 2025, capturing 3% of the global Bitcoin mining network. Bitfarms will reinvest the proceeds to expand its US operations with a 1 GW growth target. Hive Digital Technologies has announced plans to…