San Francisco, California, May 8th, 2025, Chainwire

Microsoft-backed Space and Time is the blockchain for ZK-proven data.

Space and Time, the Microsoft-backed blockchain for zero-knowledge (ZK)-proven data, is live on its public, permissionless mainnet. 

Space and Time is designed to deliver ZK-proven data to smart contracts to power a new generation of data-driven crypto applications. It indexes data from other major blockchains, including Ethereum, and stores it across a decentralized network of database validators. Developers can access, query ZK-prove and connect this data back to their smart contract using Proof of SQL, Space and Time’s sub-second ZK coprocessor for SQL database queries. 

“Prior to Space and Time, onchain applications had no way to query basic user data from a database of blockchain activity without introducing security risks and tampering. In addition, enterprises had no way to securely connect their cloud databases with smart contracts. Today we’re thrilled to announce the mainnet launch of Space and Time, which will empower developers to build sophisticated, data-driven onchain applications secured by cryptographic proofs,” said Scott Dykstra, Contributor #001 at Space and Time. 

Smart contracts today can’t natively access historical, cross-chain or offchain data, which limits the complexity of onchain apps. The next wave of onchain innovation—spanning everything from dynamic financial instruments to data-rich AI agents and tokenized real-world systems—will require a trustless database layer for complex data retrieval. Space and Time enables this with a verifiable, decentralized database network that gives smart contracts the ability to query the full history of Ethereum and beyond.

Space and Time was created by MakeInfinite Labs, a frontier protocol research lab that is backed by Microsoft and working alongside major financial institutions. In addition to its work on Space and Time, the firm has developed key technologies to the broader crypto ecosystem, such as Proof of SQL, Blitzar, an Elastic Network ZK Chain for Space and Time, and Chainlink DeFi Yield Index.

“At MakeInfinite Labs, we’re focused on building foundational infrastructure to enable the next generation of crypto applications. Contributing core technologies like Proof of SQL and the original architecture of Space and Time is part of that vision. We’re excited to see the ecosystem take this work forward and unlock new possibilities for verifiable, data-driven applications,” said Nate Holiday, CEO of MakeInfinite Labs & Co-Founder of Space and Time.

Space and Time is secured by a decentralized set of validators, and anyone can contribute to the network by providing high-quality datasets, staking or running a validator node. 

About Space and Time

Space and Time is the blockchain for ZK-proven data, which enables smart contracts to trustlessly access and compute over data from any chain or source. Powered by Proof of SQL, a sub-second ZK coprocessor, Space and Time empowers developers to build more intelligent, data-rich applications with verifiable data.

For more information, visit: Website | X | Discord | Telegram | LinkedIn | YouTube

For media inquiries, please contact: marketing@spaceandtime.io

About MakeInfinite Labs

MakeInfinite Labs is a frontier protocol research lab contributing to some of the most prominent protocols and ecosystems across crypto, including the creation of Space and Time. MakeInfinite Labs raised $50 million from Microsoft’s M12 Ventures and other leading investors to build the infrastructure that enables developers and creators to build data-driven applications, tokenize and monetize and win in the AI economy.

For more information, visit: Website | X | LinkedIn

For media inquiries, please contact: marketing@makeinfinite.com

Contact

Catherine Daly
marketing@spaceandtime.io

Leadership transition and new organizational structure reinforce commitment to core technology and enhanced governance

SAN FRANCISCO, May 7, 2025 /PRNewswire/ — Movement Labs, a Web3 company and core contributor of the Movement Network, today announced the establishment of Move Industries by two Movement employees. The newly formed Move Industries has been established to ensure a more simplified and focused operational structure, including new executive leadership.

Torab Torabi, a founding member of Move Industries, will lead the company as CEO. In addition, Will Gaines will serve as President and Chief Marketing Officer and Young Yang Liauw will continue overseeing engineering. Mr. Liauw brings significant blockchain engineering expertise from his time at Aptos as Head of Move along with positions at Novi and Meta, where he worked on the Libra team.

Move Industries is committed to maintaining Movement’s position as a leading Move-based blockchain ecosystem. Move Industries’ three core pillars are Community/Brand, Engineering/Product, and Ecosystem/Business Development. The new endeavor will operate with enhanced accountability measures, providing a stronger foundation for the Movement ecosystem’s future growth and success.

“Today marks the beginning of an exciting new chapter for the Movement,” said Torabi. “We are putting in place the structures needed for our company to thrive, which includes a full commitment to our ecosystem builders and community. They are at the heart of everything we do. Our team remains heads down, improving chain performance, increasing economic activity on-chain, and supporting the incredible projects being built on the Movement Network. We will continue full steam ahead to fulfill our promises.”

Movement Labs has also terminated Co-Founder Rushi Manche.

Additionally, Co-Founder Cooper Scanlon is voluntarily passing the torch to Torab Torabi, to lead Move Industries.

“It has been an incredible journey bringing the Movement vision to life and I’m immensely proud of what we’ve built together,” said Scanlon. “Torab has been instrumental to Movement’s development from the beginning, and I have complete confidence in his leadership abilities and vision for the future. I will continue to support the Movement and advocate as the team writes this next chapter.”

Move Industries will operate under improved governance, including expanded board oversight and transparent decision-making processes.

“The Movement community has stood with us through both triumph and challenge,” said Gaines. “With Move Industries, we’re returning to our founding principles: self-sovereignty, creativity, and systems that serve people. This next chapter will ensure we continue building world-class infrastructure, world-class businesses and a world-class movement.”

About Move Industries

Move Industries is building a community-first Move-based blockchain ecosystem. Led by a team of industry veterans, Move Industries maintains a dual focus on technology and community. The organization intends to return to crypto’s radical roots: giving financial power and opportunity back to the people.

TAIPEI, May 5, 2025 /PRNewswire/ — CoolBitX officially introduces CoolWallet Go, a minimal, ultra-portable cold wallet designed for new crypto users and seasoned holders alike. It’s a next-generation card wallet focused on simplicity, cost-efficiency, and everyday utility—without compromising on security fundamentals.

Pre-Order Offer (April 21 – May 10)

CoolWallet Go is now available for pre-order at $59.99 USD for a 2-card set. Customers can optionally add a lifetime warranty plan for $39 USD per set—a rare offering in the cold wallet space.

Simple, Secure, and Built for Daily Use

CoolWallet Go is built around a CC EAL6+ certified secure element, a proven protection standard used in many high-assurance security chips. The wallet’s minimalist design includes no screen, no buttons, no battery, and no Bluetooth pairing, relying instead on tap-to-sign NFC to streamline transactions.

The device generates private keys directly on-card, minimizing exposure during wallet setup. Users manage assets via the CoolWallet App, with integrated support for Bitcoin, Ethereum, 40+ blockchains, and EVM-compatible tokens.

Security and Risk Awareness by Design

CoolWallet Go has undergone independent third-party security testing and has been continuously reviewed through a public bug bounty program over the past two years. No vulnerabilities have been found that compromise the safety of users’ private keys or assets. CoolBitX remains committed to continuous security improvement and transparent security practices.

Optional Lifetime Warranty Plan

CoolWallet Go introduces a unique warranty add-on that provides long-term coverage for registered users:

• Coverage is per 2-card set, with a quota of free replacements per year.
• Registration is required within 30 days of purchase.
• Shipping costs for replacements are customer-borne.
• Warranty resets yearly and is not cumulative.

This initiative reflects CoolBitX’s commitment to sustainable product longevity, moving beyond traditional short-cycle hardware support.

Built for Beginners, Trusted by Pros

CoolWallet Go is ideal for:

• First-time hardware wallet users transitioning from exchanges or hot wallets.
• Experienced holders looking for a compact, secure backup or daily-use wallet.

Shipments begin mid-May.

Pre-order and learn more here: https://reurl.cc/Lanld7

Download the CoolWallet App

• Google Play
• Apple App Store

About CoolWallet

CoolWallet is a pioneering hardware wallet brand that offers a secure and convenient solution for storing and managing digital assets in the Web3, DeFi, and NFTs arenas. The company’s flagship product, the CoolWallet Pro, is a credit card-sized device that combines the security of a hardware wallet with the convenience of a mobile device. With its unique design and advanced security features such as an EAL6+ secure element, biometric verifications, and military-grade Bluetooth encryption, CoolWallet is committed to providing a safe and user-friendly platform for crypto users worldwide.

Dubai, United Arab Emirates, May 1st, 2025, Chainwire

Khabib joins fireside session as a special guest as ION outlines the path to bring the Internet onchain

Ice Open Network (ION), the high-performance, privacy-focused Layer-1 blockchain, made a high-impact statement at TOKEN2049 Dubai with a standing-room-only fireside chat titled “The New Online Is On-Chain.” Hosted by ION Chairman Mike Costache and Founder & CEO Alexandru Iulian Florea, the session presented a bold, user-first roadmap for moving digital life on-chain — starting with social.

UFC Hall of Famer and ION global ambassador Khabib Nurmagomedov joined as a special guest in the audience, underscoring the network’s growing cultural reach.

From infrastructure to interaction

The 15-minute session explored how ION is building the foundational infrastructure for an Internet that works the way it should have all along — sovereign, seamless, and scalable. “We’re not fixing what’s broken,” said Florea. “We’re building what should’ve existed in the first place.”

He explained that ION is not just another chain or social platform, but a complete framework for digital sovereignty — modular, infinitely scalable, and designed to work invisibly under the hood of real apps people already use.

Online+ — ION’s decentralized social layer — was highlighted as the first major dApp powered by the ION Framework. Florea also previewed the upcoming dApp Builder, a no-code tool that allows anyone — from creators to communities to small businesses — to launch fully decentralized apps in minutes.

“This year is about putting tools in people’s hands,” Florea said. “And if we do that right, the next billion users won’t even know they’re on-chain — they’ll just know the Internet finally works for them.”

Discipline over hype

Special guest Khabib Nurmagomedov was acknowledged during the talk as a symbol of ION’s core values: discipline, clarity, and commitment over flash.

“I came here because this project aligns with how I see the world — with discipline, focus, and doing things the right way,” said Nurmagomedov.

Florea added: “Khabib doesn’t show up for hype. He shows up for principle. And that’s how we’re building ION — quietly, relentlessly, and with no shortcuts.”

Looking ahead

The fireside chat marked a key milestone in ION’s public rollout as it moves into an execution-heavy 2025. With the Online+ launch nearing and the dApp Builder on track for release later this year, ION continues its mission to deliver an Internet that prioritizes ownership, privacy, and usability at the global scale.

About Ice Open Network (ION):

Ice Open Network (ION) is the blueprint for a new Internet rooted in privacy, data ownership, and user autonomy. Powered by a high-performance Layer-1 blockchain and an unwavering commitment to digital sovereignty, it is designed to give decentralized applications (dApps) real-world, human-centric utility at unprecedented breadth and scale.

Founded in 2022, the ION blockchain currently serves a dApp ecosystem of over 40 million users. It is engineered to process millions of transactions per second and scale horizontally and infinitely as its network participants increase. Combining this unparalleled efficiency with a comprehensive dApp toolkit purpose-built for intuitive, privacy-preserving user experiences, ION is on a mission to onboard the world to a new, decentralized Internet.

For more information, users can visit ice.io

Contact

Mia Agova
mia@ice.io

Showcasing blockchain’s potential to enable everyday financial transactions 

NEW YORK, May 1, 2025 /PRNewswire/ — Rain, a global card issuing platform built for stablecoins, is helping usher in a new era of onchain finance through its work with Visa.

Today, Rain announced it has joined Visa’s pilot program for stablecoin settlement. Rain has fully tokenized its credit card receivables and has transitioned all settlement transactions for its Visa cards to USDC, to now be able to settle with Visa 7 days a week, 365 days a year.

Rain provides backend infrastructure – APIs, compliance layers and settlement logic – that enables fintechs and wallets to build and launch stablecoin-linked card programs. As demand for real time, global payments grow, Rain is seeing strong momentum from partners looking to issue and use onchain cards and settle in stablecoins.

7 Day Stablecoin Settlement

Rain’s proprietary settlement stack brings all authorization logic and settlement onchain. Rain’s technology stack allows for card transactions on the Visa network to be interoperable with stablecoins across multiple blockchains. When a user makes a payment with a Rain-issued Visa card, Visa settles with the merchant acquirer as usual. Rain is programmatically leveraging stablecoins enabling network settlement 7 days a week, 365 days a year.  

Tokenized Credit Card Receivables
Rain’s platform has also fully tokenized its credit card receivables, enabling more efficient capital management and transparency across the system. These capabilities help fintechs go to market faster with new products. While giving consumers access to digital-first globally interoperable payment experiences.

Rain is also proud to announce a world first: closed loop credit card receivable financing utilizing stablecoins. Rain works with a network of capital partners – borrowing stablecoins to facilitate network settlement for credit card receivables. By borrowing from and programmatically repaying lenders Rain has been able to reduce the total cost of capital for consumer and b2b credit programs while providing lenders access to superior collateral and programmatic repayments powered by smart contracts. This powerful construct has the potential to unlock credit access for users in underdeveloped financial markets, all while unlocking significant operational and capital efficiencies for Rain and Rain powered programs.

“By participating in Visa’s USDC settlement program, we are now able to conduct settlement 7 days a week, 365 days a year, operating outside of traditional banking hours. USDC settlement allows us to be more capital efficient – helping to reduce the need for collateral while providing our counterparties the same level of protection. This sets a new standard for issuers and further enhances digital asset utility,” said Farooq Malik, CEO & Co-founder of Rain.   

“Moving money across borders has always been complex, but blockchain technology and stablecoins are helping change that,” said Rubail Birwadker, Head of Growth Products and Partnerships, Visa. “Our work with Rain to help bring payments onchain and enable seven-day settlement is a big step toward helping to simplify global payments.”

This is just the beginning. Rain continues to explore new ways to enhance the utility of stablecoins, such as its asset-agnostic settlement stack and blockchain permissioning, which together enable credit to exist entirely onchain. Rain is paving the way for a more efficient, transparent, and accessible financial ecosystem that reduces working capital, reduces fraud, and drives improvements in operational outcomes.

Visa Principal Membership

A Visa principal member, Rain enables seamless payment solutions at more than 150 million Visa-accepting merchant locations worldwide. By utilizing stablecoins for automated daily settlement with the Visa network, Rain is doubling down on its mission to integrate blockchain technology with traditional financial systems, making digital assets seamlessly interoperable for everyday use cases.

About Rain: Rain is a global card issuing platform powered by stablecoins. The company, which was founded in 2021 by Farooq Malik and Charles Naut, sponsors and operates card programs in multiple markets as a Visa principal member. Rain is backed by Norwest Venture Partners, Lightspeed Venture Partners, Galaxy Ventures, Coinbase Ventures and others. Learn more at https://www.rain.xyz/

CONTACT: Charles Yoo-Naut; charles@rain.xyz

DUBAI, UAE, April 24, 2025 /PRNewswire/ — The Blockchain for Good Alliance (BGA),  a global non-profit initiative, together with United Nations Development Programme (UNDP) and EMURGO Labs, has launched the SDG Blockchain Accelerator — a global effort aimed at harnessing blockchain-powered social impact initiatives across the UN Sustainable Development Goals (SDGs). This program aims to equip UNDP personnel and partners with the knowledge, technology, support, and mentorship necessary to develop, pilot, and scale blockchain-based solutions addressing real-world economic development challenges.

Supported by a global network of industry experts, this multi-year accelerator will onboard two cohorts annually, each running for a four month period, focusing on capacity building, solution development, and ecosystem growth. Leveraging Cardano’s infrastructure and EMURGO Labs’ expertise, the program will deliver up to 40 blockchain solutions aligned with the SDGs, create an open-source resource hub, and promote cross-chain collaboration to broaden the impact of blockchain across the development sector.

Led by BGA Managing Partner Glenn Tan and members of the UNDP AltFinLab, the collaboration will span five global regions, offering funding and strategic support to blockchain projects tackling challenges across the 17 SDGs.

“At UNDP, we believe blockchain is not just a technology — it is a transformative force capable of reshaping how we address humanity’s most pressing challenges. This accelerator program is more than an initiative; it is a call to action for innovators worldwide to harness blockchain’s power to drive sustainable development. By fostering bold collaboration and leveraging its transparency and efficiency, we are paving the way for groundbreaking solutions that can uplift communities globally,” commented Teodor Petricevic, UNDP Accelerator Lead.

As a founding supporter of the Blockchain for Good Alliance, Bybit has worked closely with BGA across various initiatives to promote the use of blockchain for public good. Through its “Bybit Pool” initiative, the crypto exchange has committed US$1 million in funding to support EthicHub, a blockchain platform empowering and enabling smallholder farmers. This contribution supports ethical financing models and showcases blockchain’s potential in building transparent supply chains.

Expanding Impact Across Europe

BGA marked a significant milestone in January 2025 with its formal expansion into Europe, joining the UNDP Brussels Roundtable “Empowering the Future: A Strategic Dialogue on Emerging Technologies and Impact Entrepreneurship in the Western Balkans”. The roundtable brought together 30 key delegates from the UNDP, European Commission, top Web3 foundations, tech hubs, and policy think tanks — including the Ethereum Foundation, Solana Labs, Stellar Development Foundation, Algorand Foundation, Cardano Foundation, Celo, Metis, Cotrugli Business School, Science Technology Park Belgrade, BlackVogel, and the World Metaverse Council.

As part of its broader European strategy, BGA is actively engaging in grassroots initiatives, forging strategic partnerships, and contributing to high-level policy dialogues. With blockchain increasingly recognized as a catalyst for transparent, inclusive, and sustainable development, BGA welcomes collaboration with like-minded organizations to advance real-world solutions and establish blockchain as a pillar of digital equity and innovation across the continent.

#Bybit / #TheCryptoArk / #BGA

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: media@bybit.com

For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

About Blockchain for Good Alliance (BGA)

The Blockchain for Good Alliance (BGA) is a long-term collaborative non-profit initiative with key partners with the main aim to contribute to societal good by using blockchain technology to solve real world problems. By convening leaders, innovators, and organisations from across the blockchain community, BGA seeks to drive innovation, collaboration, and action towards a more sustainable and equitable world.

For more information

Email: hello@chainforgood.org

Website: www.chainforgood.org

Twitter: www.x.com/chainforgood

About UNDP

UNDP is the leading United Nations organization fighting to end the injustice of poverty, inequality and climate change. Working with our broad network of experts and partners in 170 countries, we help nations to build integrated, lasting solutions for people and the planet.

Learn more at www.undp.org

New York, New York, April 22nd, 2025, Chainwire

BitGo, the leading digital asset custody and infrastructure provider, today announced its integration of sBTC, Stacks’ 1:1 fully programmable Bitcoin-backed asset. This integration unlocks new opportunities for institutional participation in decentralized finance (DeFi). As a longtime supporter of Stacks, BitGo was an early Signer on the Stacks network and one of the first supporters of the Nakamoto upgrade and sBTC.

BitGo clients can now make their Bitcoin productive by leveraging sBTC, a 1:1 Bitcoin-backed asset that unlocks Bitcoin’s functionality without compromising its security. With sBTC withdrawal functionality set to launch at the end of the month, institutions will be able to convert between BTC and sBTC across Bitcoin’s layer 1 and layer 2 networks, opening the door to new applications, tokenized assets, and DeFi products.

As the primary backer and creator of WBTC in 2018, BitGo pioneered the concept of wrapped Bitcoin. Building on this, BitGo now recognizes the evolving landscape and the demand for more decentralized solutions. sBTC represents the next step in this evolution; with no centralized custodian, sBTC is maintained by smart contracts and an open, decentralized network of validators. Additionally, all sBTC transactions settle on Bitcoin with 100% Bitcoin finality, benefiting from the full security budget of Bitcoin itself.

BitGo’s support for sBTC comes as Bitcoin enters an era of utility and access. Over the past year, Bitcoin’s total value locked (TVL) in DeFi applications has grown more than 20x, reaching $6.5 billion by the end of 2024. Analysts project this figure to surpass $10–20 billion in 2025 as institutional adoption accelerates.

“BitGo has long believed in the promise of Bitcoin beyond just being a store of value. Our integration of sBTC marks a pivotal step toward expanding Bitcoin’s utility in decentralized finance,” said Abishek Singh, Product Manager at BitGo. “As one of the earliest supporters of Stacks and the Nakamoto release, we’re excited to bring institutional-grade custody and infrastructure to the Stacks ecosystem. With over $3 trillion in processed transactions and more than $48 billion in staked assets, BitGo is uniquely positioned to help institutions tap into this new era of Bitcoin utility. sBTC opens the door to programmable, decentralized financial products without compromising Bitcoin’s core principles—and we’re just getting started.”

Stacks is the leading Bitcoin layer 2, designed to scale Bitcoin and bring smart contract capabilities to its ecosystem. As one of the most tenured projects in the space, Stacks has consistently driven innovation by enabling decentralized applications, non-fungible tokens (NFTs), and DeFi solutions—all secured by Bitcoin.

The integration comes amid growing demand for sBTC from major players such as Jump Crypto, UTXO Management, SNZ, and Asymmetric Research. These institutions are among the leaders who are driving adoption by leveraging sBTC’s functionality to participate in DeFi.

Notably, BitGo’s support also includes integration with SIP-010, the fungible token standard for Stacks. This opens up the possibility of support for other Stacks assets in the future, further expanding the ecosystem’s potential and interoperability within the Stacks network.

###

About BitGo 

BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to securely navigate the digital asset space. With a large global presence through multiple regulated entities, BitGo serves thousands of institutions, including many of the industry’s top brands, exchanges, and platforms, as well as millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles a significant portion of Bitcoin network transactions and is the largest independent digital asset custodian and staking provider in the world. For more information, visit www.bitgo.com.

About Stacks

Stacks, the leading Bitcoin L2, enables smart contracts and decentralized applications to use Bitcoin as a secure base layer. The Nakamoto release, activated on October 29, 2024, brought faster speeds and transactions that are as irreversible as Bitcoin’s once confirmed. This set the stage for sBTC, a programmable Bitcoin asset, which launched on December 17, 2024. Stacks is the current leading Bitcoin L2 by developer traction and market cap and is helping unlock Bitcoin and its $1T in passive capital as a fully programmable, productive asset. The Stacks (STX) token, used as gas on the L2, was the first to undergo an SEC-qualified sale in the United States. The project is explicitly decentralized with the mainnet launch in 2021. In the Stacks ecosystem, there are currently 30+ contributing entities, including a non-profit Stacks Foundation, a developer tooling company, Hiro, Xverse, Trust Machines, Mechanism, Bitcoin L2 Labs, ALEX, Bitcoin Frontier Fund, and more.

Contact

Market Across
pr@marketacross.com

London, England, April 18th, 2025, Chainwire

• Apple Farm incentive program exceeds targets, fueling TVL growth from $1.4M to more than $18M and driving record volumes across Etherlink’s DeFi ecosystem.
• Calypso upgrade delivers 30x faster smart contract storage and enhanced network stability, paving the way for faster tez withdrawals between Etherlink and Tezos.
• Etherlink ecosystem expands with seven new Fortify Labs startups.

Etherlink, the EVM-compatible Layer 2 powered by Tezos Smart Rollups, is undergoing strong ecosystem growth following its February exit from beta and the deployment of the Calypso network upgrade in March. The $3M USD Apple Farm rewards program has already exceeded initial targets, with Etherlink’s TVL undergoing rapid growth from $1.4M to $18M+ in the first weeks of the initiative. In addition, Apple Farm has effectively catalyzed on-chain activity across Etherlink’s growing suite of decentralized applications. Decentralized exchange IguanaDEX recorded $150M in trading volume as users create positions for Apple Farm rewards and capitalize on arbitrage opportunities.

“The success of Apple Farm demonstrates the effectiveness of our approach to incentive programs and the development of this ecosystem,” said David Relkin, Head of DeFi for the Tezos ecosystem, Nomadic Labs. “We’re building a sustainable environment where users find genuine value in meaningful on-chain interactions.”

DeFi platform Superlend has emerged as a cornerstone of Etherlink’s DeFi infrastructure, with deposits reaching $16.93M and active borrowing at $10.49M. Uranium.io, the first decentralized platform for buying and selling physical uranium also saw increased activity with $6.46 TVL. The Hanji platform reached its vault cap of $200,000 in a single day on March 26th, and has since increased limits to $1M to ensure system integrity. User data indicates that participation is primarily coming from retail audiences, with the largest wallet holding approximately $1M in value. A recent report published by Messari further underscores the rapid growth of the Etherlink ecosystem, highlighting sustained network growth across both accounts and transactions and identifying upwards of 50 projects actively developing on the network.

In addition to the rapid growth of its DeFi ecosystem, the Etherlink tech stack is also being continuously and swiftly upgraded. The Calypso network upgrade deployed in March has delivered on its promise of enhanced performance, with up to 30x faster smart contract storage, a smaller disk footprint for operator nodes, and improved protection against network surges. These enhancements directly support the platform’s growing transaction volume while maintaining stability and preparing the network for faster tez withdrawals between Etherlink and Tezos.

The Etherlink ecosystem looks set to expand further in coming weeks, following the launch of the second edition of the Fortify Labs program, hosted by TZ APAC. The 2025 cohort features seven promising projects building primarily on Etherlink, including BluWhale AI for decentralized data analytics; IDRX, a stablecoin pegged to the Indonesian Rupiah; and Miomi Game’s eSports platform. These startups join Etherlink’s growing ecosystem of innovative Web3 applications and look set to further enhance the experience of users exploring Etherlink this year.

About Etherlink

Etherlink is an EVM-compatible Layer 2 blockchain powered by Tezos Smart Rollups technology. It empowers developers to smoothly deploy any EVM codebase and migrate users and assets from Ethereum and other interoperable chains, enabling seamless interaction and asset transfers across different networks

Learn more: https://www.etherlink.com/

About Tezos

Tezos is an open-source and energy-efficient blockchain designed to empower institutions, developers, and businesses and facilitate value transfer in a digital environment. It is designed for the scalable deployment of decentralized applications. As one of the first Proof of Stake blockchains, Tezos is globally supported and valued for its strong governance, long-term upgradability, and smart contract capabilities. For more information about Tezos, visit http://www.tezos.com. 

Contact

Head of PR
Eoin McGinley
Trilitech
eoin.mcginley@trili.tech

SINGAPORE, April 12, 2025 /PRNewswire/ — AB Charity Foundation has officially launched its global operations and unveiled its newly upgraded website at www.ab.org, marking the beginning of a public-interest initiative built on institutional credibility and advanced blockchain technology. Headquartered in Ireland with recognized legal status under EU law, the Foundation is positioned as a global nonprofit entity committed to reshaping the future of public trust and sustainable development by bridging governments, civil society, and the tech community.

The Foundation’s governance is led by a distinguished board of directors composed of former heads of state from Europe. The board is chaired by Bertie Ahern, former three-term Prime Minister of Ireland and a key architect of the Good Friday Agreement. Board members include Lawrence Gonzi (former Prime Minister of Malta), Péter Medgyessy (former Prime Minister of Hungary), Danilo Türk (former President of Slovenia), and Petar Stoyanov (former President of Bulgaria).

The Foundation is actively expanding its global advisory board, bringing together respected figures from all five continents—including former presidents, scientists, diplomats, and cultural leaders—to guide strategic planning and foster international collaboration in delivering impactful social initiatives.

At the heart of the Foundation’s mission lies a commitment to public good: advancing global efforts in education, healthcare, environmental protection, and humanitarian aid. The Foundation aims to build a “verifiable model of cooperative goodwill,” powered by transparent governance and next-generation technology. As its founders emphasize, “It is not a specific technology that changes the world—but the shared consensus around trustworthy institutions and global cooperation.”

AB Charity Foundation is technically supported by AB DAO, which provides the blockchain infrastructure underpinning the Foundation’s operations. Through smart contract automation, 15% to 30% of the gas fees from every transaction on the AB public chain are directed into a dedicated charity pool. This mechanism enables a new operational model for charitable funding—combining on-chain fundraising, automated distribution, full-chain auditability, and third-party compliance assurance.

In addition, 15% to 30% of the returns generated from investments by the AB Ecosystem Fund will also be directed into the Foundation’s pool. The fund has already supported dozens of projects, with more initiatives in the pipeline—strengthening the financial sustainability of the Foundation’s mission.

By leveraging blockchain’s inherent transparency, the Foundation aspires to become a scalable model for next-generation philanthropic infrastructure—ensuring every donation is traceable, every distribution verifiable, and every intention honored.

To follow AB Charity Foundation and support its mission

• Official Website: www.ab.org
• Global Community Portal: www.ab.org/community

San Francisco, United States/California, April 10th, 2025, Chainwire

Huma Finance, the first PayFi Network, announced the launch of Huma 2.0, a permissionless, compliant, and composable real-yield platform built on Solana today. This launch opens global access to Huma’s stable real yield from global payment financing related to everyday commerce and trade activities. This development broadens individual access to stable, real-world yield—historically more common in institutional finance—by leveraging payment-financing mechanisms. Simultaneously, the existing permissioned service has been rebranded as Huma Institutional to continue serving institutions and accredited investors. Users can begin depositing on the new Huma 2.0 platform immediately.

Huma 2.0 offers users alternative ways to participate as liquidity providers. It introduces two primary modes to cater to different user preferences: Classic Mode, designed for those seeking stable, double-digit USDC yield (updated monthly) combined with rewards called Huma Feathers; and Maxi Mode, tailored for users aiming to maximize their accumulation of Huma Feathers, earning rewards at 5x the base rate, without receiving USDC yield. Users can switch the mode of their existing positions at any time.

DeFi composability is also a core feature of Huma 2.0, enabled by the $PST, short for PayFi Strategy Token. This liquid, yield-bearing LP token allows holders to integrate their Huma positions with leading protocols on Solana. At launch, users can swap $PST for USDC via Jupiter, the first of several planned integrations with top Solana DeFi platforms. Support for using $PST as collateral on Kamino and trading future rewards via RateX are expected shortly after launch. While participation does not require capital lock-up, users can opt for 3-month or 6-month terms to significantly boost their Huma Feather rewards via multipliers. Notably, during the initial launch period, these multipliers are significantly elevated as part of a limited-time promotion, offering particularly high boosts in Maxi Mode. These features offer users enhanced flexibility and choice in managing their positions.

In just two years, Huma Finance’s PayFi Network has rapidly achieved significant scale, processing over $3.8 billion in transactions and generating $8 million in annualized revenue. Huma supports its partners to generate yield from their PayFi operations. Unlike DeFi yields often reliant on token incentives, market speculation, or typically low rates in traditional finance, PayFi yield originates directly from fees paid by businesses using the network for payment financing and settlement liquidity. Capital is recycled rapidly—often within days—compounding fees generated from tangible economic activity. This mechanism has enabled Huma to consistently deliver stable, double-digit USDC yields, showcasing a sustainable model further validated by backing from leading investors and recognition from industry analysts like Messari regarding PayFi’s potential to address a $30 trillion market.

“Huma 2.0 isn’t just another yield product — it’s a structural shift.” Said Erbil Karaman, Co-founder of Huma Finance. “By giving payments institutions a new source of liquidity that operates 24/7 with incredible capital efficiency, we are creating a new type of yield that is composable, transparent, and grounded in real economic activity. It finally gives DeFi access to a source of returns that institutions have kept to themselves for decades — and it does so without compromising on what makes DeFi powerful.”

The launch of Huma 2.0 comes during significant shifts in global finance and within the DeFi landscape itself. While legacy payment infrastructures like SWIFT face challenges with speed and transparency and trillions in capital remain inefficiently allocated, the demand for modern, blockchain-based solutions is clear, evidenced by stablecoin transaction volumes recently reaching a reported $35 trillion. Huma 2.0 leverages this shift, providing efficient settlement liquidity and broadening access for individuals worldwide to earn from foundational financial activities – an opportunity previously confined mainly to institutions.

Crucially, the yield generated through PayFi is designed to be less dependent on crypto market cycles. Whether markets are booming or in a downturn, economic activities like payments and trade may continue, potentially offering a more stable foundation for Huma’s yield generation. This structure may make double-digit returns more relevant during bear markets, where speculative yields often decline. As DeFi matures, there is a readiness for this type of yield – one grounded in tangible commerce rather than token speculation. PayFi serves as a foundational layer, enabling new DeFi strategies like the recent Solmate product from Splyce, which combines Huma’s $PST yield with SOL liquid staking, bridging decentralized finance with productive economic use.

Huma 2.0 marks a key step in building a new financial future, fundamentally expanding participation by inviting everyone into a financial revolution where access is open and fair. Early participants can benefit from various reward multipliers, including boosts for prior Huma depositors and partner communities. As the platform expands with more DeFi integrations and plans to be the first major project on Jupiter’s LFG 2.0 launchpad – Huma continues to build finance that is truly accessible. 

To learn more about Huma 2.0 or participate, users can visit https://huma.finance or follow @humafinance on X.

For media inquiries, users can contact: Ejiro Oviri, ejiro@huma.finance.

About Huma Finance

Huma is the first PayFi (Payment Finance) network. It features an open-stack liquidity protocol with applications for key areas like cross-border payments, stablecoin-backed cards and trade finance. The network addresses a total market estimated at over $30 trillion. Its mission is to accelerate the movement of money for a world that’s always on.

Huma is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Contact

Director of Brand Marketing
Ejiro
Huma Finance
ejiro@huma.finance