Beacon
Beacon is a web3 accelerator founded by Sandeep Nailwal, co-founder of Polygon. Committed to supporting the best web3 founders and ideas, Beacon evaluates teams from around the world and is sector-agnostic. The accelerator invests in early-stage companies and partners, and has raised $85M in funds, with a network of over 250 investors from 9 countries.
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The Beacon Season 1 is officially live, with over 7.7 million BCN tokens in rewards
: The Beacon announced on platform X that the first season of The Beacon, "Goblin's Gambit," is now live, with a total reward pool exceeding 7.7 million BCN tokens. Users can earn BCN tokens by participating in the game. Additionally, for the best experience, the official team recommends that users play the game via the Epic Games platform.For more related content, please read: Complete Guide to the First Season of Chain Game The Beacon: 7.7 Million BCN Prize Pool and Treasure Chest Gameplay
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The Beacon
The Beacon: Season 1 event will launch on May 25, with rewards exceeding 7.7 million BCN tokens
The Beacon announced on platform X that its first season, "Goblin's Gambit," will launch at 16:00 UTC on May 25, with total rewards exceeding 7.7 million BCN tokens. Users can earn BCN token rewards by participating in the game.
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Ethereum Foundation Faces Accelerating Talent Drain, with Multiple Core Researchers Resigning
According to The Block, the Ethereum Foundation has recently experienced another wave of talent attrition: researchers Carl Beek and Julian Ma announced their departures this Monday. Beek had worked at the Foundation for seven years and led the development of Ethereum’s Beacon Chain, making significant contributions to Ethereum’s transition to the Proof-of-Stake (PoS) consensus mechanism; Ma had been with the Foundation for approximately four years, contributing to mechanism design, cryptoeconomics, and protocol scalability, and co-authored EIP-7805—a proposal aimed at enhancing Ethereum’s censorship resistance. Earlier this year, in February, Co-Executive Director Tomasz K. Stańczak resigned; multiple other senior figures—including Josh Stark, Barnabé Monnot, and Tim Beiko—have also departed in succession.
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Hut 8 Signs $9.8 Billion AI Data Center Lease Agreement, Stock Hits All-Time High
Odaily News Bitcoin miner Hut 8 has announced the signing of a 15-year, $9.8 billion lease agreement to provide capacity for the first 352-megawatt phase of its AI data center at the Beacon Point site in Texas. Following the news, Hut 8's stock price surged 33% to $107, reaching an all-time high. The IT capacity covered by the agreement will support hyperscale AI training and inference workloads. Hut 8's total contracted AI data center capacity now stands at 597 megawatts, with a total contract value of approximately $16.8 billion. The estimated average annual net operating income is around $1.1 billion. The site is expected to begin power supply in the first quarter of 2027, with the first data hall delivered in the third quarter of the same year.
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