Search results for Breakpoint
Games & Commerce
Nexth CEO Jang Hyun-kuk buys 5.41 mln shares from Linked
Nexth CEO Jang Hyun-kuk (장현국) exercised a 14.7 billion won call option to buy 5,410,590 common shares held by Linked, the company said on Thursday. The transfer price is 2,710 won per share, based on a 2,500 won exercise price plus 15 percent annual interest under a shareholder agreement signed on Dec. 13, 2024. Payment is due in cash via an over-the-counter transaction on Dec. 31, 2026.
Crypto
Kross launches Mainnet 2.0, switches to PoSA and expands AI infrastructure
Kross has officially launched its Mainnet 2.0, dubbed Breakpoint, optimised for blockchain games and on-chain AI agents. The upgrade, approved by about 98 percent of governance votes, shifts the network from a holdings-based structure to participation. The network begins block production under a 21-validator proof-of-staked authority model and applies a deflationary mechanism that burns all base fees. It also sets a first-year reward pool of 300 million CROSS and strengthens infrastructure for AI agents.
Crypto
Kross signs validator MOU with CertiK to join Mainnet 2.0 verification
Kross Protocol said on May 20 it signed a memorandum of understanding with blockchain security firm CertiK to cooperate on validator operations, adding CertiK as a new validator. Under the agreement, CertiK will operate an independent validator node, verifying transactions and participating in block production. Kross is set to upgrade to Mainnet 2.0 on June 1. Nexth has previously signed a broad cooperation MOU with CertiK.
