chainwire

Midl Secures $2.4M Seed Investment from Draper Associates and Draper Dragon to Pioneer Native dApp Infrastructure on Bitcoin

Dover, US, July 30th, 2025, Chainwire

Midl, an infrastructure that brings smart contracts to the Bitcoin network, enabling native decentralized applications (dApps) and financial products, has announced the successful close of a $2.4 million seed round.

The round was led by Draper Associates, the early-stage venture capital firm founded by Tim Draper and known for backing industry-defining companies like Coinbase, Robinhood, and Ledger. It was also supported by Draper Dragon, a cross-border venture fund focused on innovative blockchain solutions, with notable investments in Kelp DAO and Ether.Fi.

This funding milestone marks another step towards Bitcoin’s evolving financial ecosystem, spotlighting the growing institutional interest in BTCFi, a new wave of Bitcoin-native decentralized finance. With Midl, developers can now build and run dApps natively on Bitcoin, unleashing the potential of the network’s $2 trillion in liquidity.

“It’s rare to be this early to something this big,” said Iva Wisher, Founder of Midl. “Midl makes Bitcoin programmable in a way that’s never been done before. Native Bitcoin token standards finally have a home where they can power real apps and real economies. Across trading, DeFi, gaming, governance, and everything in between.”

Unlocking the Power of Bitcoin

Unlike solutions that rely on sidechains, bridges, or Layer 2s, Midl introduces a native execution environment for Bitcoin, allowing decentralized applications to run directly on the Bitcoin network. 

This includes seamless support for Bitcoin-native token standards, making them tradable, functional, and usable across products and services from day one.

Midl is currently in its testnet phase, with a mainnet launch expected shortly. Several early DeFi protocols are already live on the testnet, with over 20 additional projects currently in various stages of deployment on the network.

Alongside the technical rollout, Midl is launching a series of retail-facing initiatives to help kickstart real usage and liquidity within the Bitcoin ecosystem from day one. These efforts are focused on driving early adoption and seeding liquidity across the Bitcoin ecosystem ahead of mainnet.

Led by Veterans of Early-Stage Tech Investing

Draper Associates is a venture capital firm founded in 1985 by Tim Draper. Known for its forward-looking investment philosophy, the VC has played a pivotal role in funding some of the most transformative tech companies across multiple industries. Draper Associates has a strong portfolio of crypto and blockchain investments, having backed early leaders such as Coinbase, Ledger, and Robinhood. 

Draper Dragon is a cross-border venture capital firm focused on early-stage Web3 and technology startups. The firm invests in innovative blockchain projects shaping the future of decentralized finance and digital ecosystems, with notable investments including Kelp DAO and Ether.Fi.

About Midl

Midl is an execution environment that brings smart contracts to Bitcoin, opening the door to a new generation of decentralized applications built natively on the world’s most secure blockchain – with dedicated developer tooling.

With Midl, full-scale dApps can run directly on Bitcoin: everything once possible on Ethereum can now be built on Bitcoin. The protocol improves the developer and user experience by allowing multiple EVM-like interactions within a single Bitcoin transaction, unlocking better scalability and throughput.

Website | X | Discord | Telegram

Contact

Co-founder
Ivan Vishnevskii
MIDL LABS
team@midl.xyz

Bitget Launches A2ZUSDT for Futures Trading with 50x Leverage and Bot Support

Seychelles, Victoria, July 30th, 2025, Chainwire

Bitget, the leading cryptocurrency exchange and Web3 platform, has launched A2ZUSDT for futures trading on July 30, 2025. The new contract supports a maximum leverage of 50x and is now available for both manual trading and automated strategies through Bitget’s futures trading bots.

The A2ZUSDT futures contract is settled in USDT and operates with a tick size of 0.000001. Funding fees are settled every four hours, and trading is available 24/7. The introduction of this pair aligns with Bitget’s continued expansion of its futures offerings, providing traders with greater access to emerging assets and increased flexibility in leveraging market movements.

A2ZUSDT futures are accessible via Bitget’s official website and mobile app, offering a seamless user experience for both retail and professional traders. The integration with trading bots also allows users to automate strategies, helping to optimize trade execution and manage risk in real time.

This launch reflects Bitget’s ongoing effort to expand its derivatives market coverage while enhancing user tools for precision trading.

To learn more, users can visit here

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP, one of the world’s most thrilling championships.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

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

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

Contact

Simran Alphonso
media@bitget.com

Blockchain for Good Alliance Leads Global Digital Cooperation at UN IGF 2025

DUBAI, UAE, July 30, 2025 /PRNewswire/ — The Blockchain for Good Alliance (BGA), a flagship non-profit founded by Bybit and championing responsible innovation, took center stage at the 20th anniversary of the United Nations Internet Governance Forum (UN IGF) in Oslo. In collaboration with the Singapore Internet Governance Forum (SGIGF), BGA co-hosted an exclusive, high-level dinner titled “Bridging the Future: Blockchain, Governance & Global Cooperation” at Oslo’s historic Akershus Fortress.

Held as an official side event supported by the UN IGF Secretariat, the dinner brought together global leaders from governments, multilateral organizations, blockchain, and AI to promote dialogue around inclusive, ethical, and interoperable digital infrastructure.

The event was led by Glenn Tan, Director of Global Affairs at BGA, and co-organized with SGIGF’s Founding Members Henry Wang and Una Wang. Distinguished guests included His Excellency Dharambeer Gokhool, President of Mauritius; National Deputy of Argentina Pamela Calletti; Senator Kenneth Pugh of Chile; as well as representatives from various UN agencies and national parliaments.

Central to the evening’s discussion was blockchain’s transformative role in shaping a trusted and collaborative global digital ecosystem.

“As we stand at the crossroads of a digital future, Mauritius reaffirms its commitment to an ethical, inclusive, and rights-based digital governance model. Events like the IGF 2025 remind us that trust, collaboration, and shared values must be the cornerstones of our collective journey in the age of AI and emerging technologies. The IGF 2025 was not just a conference — it was a collective call to conscience,” said His Excellency the President of the Republic of Mauritius, Dharambeer Gokhool.

BGA’s Glenn Tan emphasized the urgency of forward-looking infrastructure: “As blockchain transitions from hype cycles to hard infrastructure across the internet, we must ensure that systems built today serve the collective good of tomorrow. This gathering was a symbol of that shared commitment to a multistakeholder future, rooted in both trust and innovation.”

Adding a regional perspective, SGIGF Founding Member Henry Wang noted: “As the UN IGF celebrates 20 years of shaping global internet governance, this dinner was a timely reminder that the next 20 must be co-created across sectors, systems, and sovereignties. Blockchain, when aligned with responsible governance and AI ethics, can become the connective tissue of a truly inclusive, decentralized, and intelligent internet.”

The evening reaffirmed BGA’s mission to advance cross-border collaboration and responsible digital transformation. These conversations will continue at the inaugural Singapore IGF Conference on October 1, 2025, where regional stakeholders will lead the global dialogue on inclusive and resilient internet governance.

#Bybit / #TheCryptoArk / #BGA

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

Queens Park Rangers and TokenFi Announces New Partnership

Miami, Florida, July 29th, 2025, Chainwire

Queens Park Rangers Football Club (QPR) and TokenFi, a global leader in real-world asset tokenization, have signed a pioneering sponsorship agreement for the 2025-2026 EFL Championship season. 

The partnership marks the first of its kind in the sports world, introducing blockchain-powered tokenization to fan engagement on a professional football stage.

As part of the deal, TokenFi will serve as QPR’s Official Partner and Official Training Kit Sleeve Partner. The TokenFi logo will be featured on the training wear of the first team, coaching staff, and manager, alongside prominent branding across Loftus Road Stadium — including LED signage, dugout headrests, hospitality lounges, and club media backdrops.

“Partnering with TokenFi marks a transformative moment for QPR and the sports industry,” said Euan Inglis, Commercial Director at QPR. “By embracing tokenization, we’re redefining fan engagement and creating a model for the future. TokenFi’s innovative platform aligns perfectly with our ambition to connect with fans worldwide in new and exciting ways.”

Digital activations will include email campaigns, matchday graphics, newsletters, and a partnership announcement video. TokenFi and QPR’s will work collaboratively to unearth tokenization initiatives during the term of the agreement.

“The future for clubs is the tokenisation of club assets, we’re empowering fans to own a piece of QPR’s journey while driving innovation in fan engagement,” said Pedro Vidal, FLOKI’s Community Relations Officer. “We’re excited to collaborate with QPR to set a new benchmark for sports partnerships.”

The partnership also allows for interaction with TokenFi’s related brands Floki and Valhalla, and opens the door for expanded collaboration in the 2026-2027 season and beyond, in relation to other club properties.

About TokenFi

TokenFi is an innovative platform for crypto and asset tokenization, enabling users to launch or tokenize assets effortlessly. TokenFi is committed to revolutionizing the trillion-dollar tokenization industry by offering a user-friendly interface that requires no coding expertise.

Website: https://tokenfi.com   

X: https://twitter.com/tokenfi  

About QPR

Queens Park Rangers FC, based in West London, is a historic English football club competing in the EFL Championship. Renowned for its passionate fanbase and commitment to innovation, QPR continues to push boundaries both on and off the pitch.

Website: https://qpr.co.uk

X: https://x.com/QPR 

About Floki

Floki is the people’s cryptocurrency and utility token of the Floki Ecosystem. Floki aims to become the world’s most known and most used cryptocurrency and intends to achieve this ambitious goal through a focus on utility, philanthropy, community, and marketing. Floki currently has 550,000+ holders and a strong brand recognized by billions of people worldwide due to its strategic marketing partnerships.

Website: https://floki.com   

X: https://twitter.com/RealFlokiInu  

Contact

Community Relations Officer
Pedro Vidal
Floki/TokenFi
Marketing@floki.com

FLock.io Partners with Walrus to Power Decentralized, Privacy-Preserving AI Training

Palo Alto, USA, July 29th, 2025, Chainwire

Bringing Walrus’s decentralized data layer and SEAL encryption to FLock.io, unlocking secure, community-owned AI development.

FLock.io, the first decentralized AI training platform, will build on Walrus as its core data layer to bring secure, privacy-preserving AI model development to the Sui ecosystem. 

This partnership connects Walrus’s robust decentralized infrastructure, including data storage, availability, programmability, and access controls, with FLock.io’s innovative approach to AI development. FLock.io utilizes Federated Learning and blockchain to enable communities to build, train, and own AI models without centralizing sensitive data. Their ecosystem includes AI Arena for competitive model training, FL (Federated Learning) Alliance for privacy-focused collaboration, and Moonbase for decentralized model hosting. Together, these components provide an end-to-end stack for open, community-governed AI development.

The initial phase of this integration centers on strengthening FLock.io’s FL Alliance with Walrus and SEAL. Walrus provides the decentralized broadcasting and storage layer for model parameters and training outputs across federated learning nodes. SEAL, a decentralized secrets management system, enforces gated access and data confidentiality, ensuring that only verified federation members can access or contribute encrypted gradients and data. 

“Previously, our data solutions either lacked decentralization or encryption, creating onboarding hurdles,” said Jiahao Sun, Founder & CEO of FLock.io. “Walrus changes that. It gives us a fully decentralized, encrypted storage solution for gradients, which means we can confidently expand our FL Alliance and bring more secure AI training to our users.”

Looking ahead, this partnership aims to deliver a true agentic AI experience on Sui through open collaboration and hands-on development. The next phase will involve fine-tuning an open-source foundation model, optimized for agentic interactions within the Sui environment. The teams aim for this to lead to a functional prototype, comparable to a “Copilot for the Sui Blockchain,” capable of Move-native code generation, smart contract assistance, and context-aware agentic reasoning.

“Walrus provides the global data layer for builders, giving them full control over their data and new ways to create value. Our collaboration with FLock.io showcases the power of Walrus for decentralized AI, enabling a truly secure and programmable foundation for cutting-edge AI model development,” said Rebecca Simmonds, Managing Executive of the Walrus Foundation.

By combining secure data infrastructure with innovative federated learning, this partnership opens new avenues for builders to create more collaborative, private, and powerful AI models, creating value and control for developers in the new data economy.

Contact

Head of Communications
Lexi Wangler
Mysten Labs
press@walrus.xyz

Shinkai Launches v1.0: Onchain AI Agents Go Live with USDC & Coinbase x402

Georgetown, Cayman Islands, July 29th, 2025, Chainwire

Shinkai, the open-source, local-first platform for building and sharing autonomous AI agents, has officially released version 1.0, its first production-ready build. With support for USDC micro-payments and Coinbase’s x402 protocol, Shinkai enables AI agents to run privately on users’ machines while participating directly in on-chain economies.

This launch represents a major step toward Shinkai’s long-term mission: making AI agents easy to use, economically sustainable, and fully under the control of the people who run them.

With over 45,000 installs, thousands of active users, and a growing base of open-source contributors, Shinkai is emerging as a meaningful alternative to centralized AI platforms. The system runs natively on macOS, Windows, and Linux, requiring no cloud accounts, browser extensions, or engineering background to get started.

Brian Armstrong, CEO of Coinbase, praised Shinkai’s integration work in an August 30, 2024 post on X (formerly Twitter), writing: “Btw here is a great example of how easy it is to integrate a crypto wallet into an LLM using @CoinbaseDev tools. Shout out to @ShinkaiProtocol”.

Key Features in Shinkai v1.0:

  • Runs Fully Locally: Agents operate entirely on-device for performance, privacy, and control. Supports both local models (via Ollama, 300+ GGUF options) and remote models like Claude and Grok.
  • USDC Integration: Agents can now charge for tasks—summarization, data insights, tutoring, and more—using fast, low-cost stablecoin payments.
  • Coinbase x402 Support: Enables seamless onchain payments with no wallet popups or browser dependencies.
  • Peer-to-Peer Agent Marketplace: Agents discover and interact with each other using blockchain identity, onion routing, and a decentralized discovery layer.
  • Security Audits: Audited by PeckShield and Halborn; reports available on shinkai.com.

Shinkai agents are already being used to summarize YouTube videos, analyze market trends, execute Solana arbitrage strategies, and collaborate across tools like Slack, Discord, and Notion. They run with persistent memory, schedule their own tasks, and interact with other agents in a decentralized network.

Behind the scenes, Shinkai is developed by dcSpark, a team with deep experience across blockchain ecosystems including Ethereum, Solana, Cardano, and Midnight. The project is backed by investors such as Archetype, Arrington Capital, Balaji Srinivasan, Borderless Capital, Circle Ventures, Coinbase Ventures, D1 Ventures, Graph Ventures, Longhash Ventures, Meow, Naval Ravikant, Scott Belsky, SeaX Ventures, Shima Capital, Solana Ventures, and Sssiongg.

“Shinkai v1.0 is more than just a milestone—it’s a thank-you,” said Nicolas Arqueros, Co-Founder of Shinkai. “To everyone who downloaded an early build, filed a bug report, asked a question, or shared feedback: this launch is because of you. We believe open-source AI needs to be useful, private, and accessible—and that’s what we’ll keep working toward.”

As development continues, the Shinkai team plans to expand its plugin ecosystem, marketplace functionality, and multi-agent coordination capabilities. The roadmap is community-driven, and contributions are welcome.

Shinkai is available at https://github.com/dcSpark/shinkai-local-ai-agents.

Users can learn more at https://shinkai.com.

About Shinkai

Shinkai is an open-source, local-first platform for building and running AI agents. It combines offline AI, peer-to-peer protocols, and crypto payments to help agents think, earn, and collaborate—securely and independently.

Contact

Co-founder
Nicolas Arqueros
Shinkai
media@shinkai.com

DeepSnitch Introduces Five Specialized AI Agents as Token Presale Goes Live

Singapore, Singapore, July 29th, 2025, Chainwire

DeepSnitch AI has officially launched its token presale, securing over $147,000 in initial contributions. The project introduces a suite of five AI-driven agents designed to monitor blockchain activity, identify potential risks, and deliver timely, actionable insights to users.

Developed to enhance situational awareness in fast-moving markets, the platform aims to address common challenges faced by retail participants navigating information-heavy environments.

DeepSnitch AI Introduces Automated Intelligence Tools to Support Informed Trading Decisions

While blockchain markets have evolved significantly, access to timely and relevant information remains uneven. DeepSnitch AI seeks to address this challenge by equipping retail participants with tools designed to streamline market analysis and surface critical signals.

Developed by experienced on-chain analysts and market researchers, the platform deploys five specialized AI agents, each focused on a distinct risk domain—ranging from smart contract vulnerabilities and high-volume wallet activity to sudden shifts in sentiment and coordinated misinformation campaigns.

By automating the detection of potential threats and anomalies, DeepSnitch AI aims to improve decision-making in fast-moving environments, providing structured insights tailored to the unique demands of the Web3 ecosystem.

DeepSnitch AI Deploys Five Specialized Agents to Address Key Information Gaps in Crypto Trading

DeepSnitch AI is designed to tackle one of the most persistent challenges in crypto markets: information overload. The platform integrates five dedicated AI agents, each programmed to monitor distinct signals and activity across blockchain networks and related data sources.

These agents focus on areas often overlooked or difficult to track manually, including sentiment shifts on social media, irregular smart contract behaviors, and high-volume wallet movements. Each is configured to identify potential red flags or emerging trends in near real time.

By automating the process of filtering and prioritizing critical data points, DeepSnitch aims to provide users with a streamlined intelligence layer that supports more timely and informed responses to market developments.

DeepSnitch AI Token Presale Opens with Initial Price Set at $0.0151

The DeepSnitch AI token (DNST) has entered its presale phase at an initial price of $0.0151. The launch comes amid broader interest in AI-driven blockchain solutions, with the sector’s market capitalization currently estimated at $21 billion.

Recent data from CoinGecko indicates a growing expectation among crypto traders that AI tools could play a larger role in market decision-making, particularly for short-term strategies. In parallel, industry forecasts suggest the global AI market could exceed $800 million by 2030.

The presale includes access to early features of the DeepSnitch platform, which is designed to deliver real-time insights through its network of AI agents.

Amid increasing attention to AI applications within crypto, DeepSnitch is introducing a platform centered on five purpose-built AI agents aimed at enhancing blockchain visibility and responsiveness. The token presale, which launched at $0.0151, features a dynamic pricing structure that adjusts based on demand.

Participants in the early phase of the presale are granted priority access to the platform’s initial feature set, offering the opportunity to engage with DeepSnitch’s intelligence tools ahead of broader availability.

In a data-saturated environment, the platform focuses on refining information into structured, actionable insights to support informed participation in Web3 markets.

DeepSnitch AI Launches Presale as Interest in Blockchain-Based AI Solutions Grows

As AI-integrated crypto assets attract increasing attention, DeepSnitch AI enters the market with a focus on real-time blockchain analysis and signal detection. The platform’s five AI agents are trained to monitor key activity areas, including token launches, wallet movements, sentiment fluctuations, and coordinated information campaigns.

By automating the identification of complex and time-sensitive patterns, DeepSnitch aims to support more informed decision-making for users operating in dynamic market environments.

The presale is currently live, with early access available to participants at a starting price of $0.0151. Full platform details and participation instructions are available on the official DeepSnitch website.

About DeepSnitch AI

DeepSnitch AI is a blockchain intelligence platform developed to enhance on-chain awareness through AI-driven automation. Built by a team of analysts and engineers, the project offers a network of five specialized AI agents designed to track high-signal events across the crypto ecosystem. The platform aims to deliver timely, actionable insights to participants navigating complex and fast-moving digital asset markets.

Contact

PR
Daniel
deepsnitch.ai
pr@deepsnitch.ai

PowerBank’s 3.79 MW Geddes Solar Project Goes Live, Powering New Bitcoin Treasury Strategy

Toronto, Ontario, Canada, July 29th, 2025, Chainwire

PowerBank Corporation (NASDAQ: SUUN; Cboe CA: SUNN, FSE: 103), a leader in distributed solar energy, battery storage, and clean energy infrastructure across North America, is excited to announce that its largest owned-and-operated asset in the U.S.—the 3.79 MW Geddes Solar Power Project in New York State—is now fully operational. 

More than a milestone in renewable energy, this project marks the official launch of PowerBank’s Bitcoin treasury strategy.

“This is a pivotal moment for PowerBank,” said Dr. Richard Lu, President and CEO. “Geddes isn’t just our largest U.S. asset—it’s our launchpad into a bold, dual-track strategy that fuses clean energy leadership with financial innovation. By deploying net cash generated by this project into Bitcoin, we are enhancing the value of our operating assets while aligning ourselves with a future-focused monetary reserve model.”

A Strategic Inflection Point – Energy + Bitcoin:

  • Pioneering Treasury Strategy. Geddes is the first of potentially several PowerBank projects to support a digital asset reserve model, giving the Company exposure to Bitcoin as a non-correlated, asymmetric upside asset.
  • Financial Flexibility. This approach allows PowerBank to retain earnings from high-performance assets like Geddes in a store of value with long-term appreciation potential.
  • Environmental Transformation. By converting a capped landfill into a clean power station, PowerBank demonstrates how sustainability and innovation can converge for long-term value creation.
  • Scalability. The Company is actively assessing expansion of this Bitcoin treasury strategy across additional solar and battery energy storage projects in its IPP (Independent Power Producer) portfolio.

The Geddes Solar Power Operation

Built on a repurposed landfill, the Geddes Project now delivers 3.79 MW of clean, renewable energy — enough to power approximately 450 homes annually — while transforming an underutilized site into a productive asset. But its value extends beyond green power. 

Net cash flows from the project will be allocated, at management’s discretion, to the acquisition of Bitcoin, creating a hybrid strategy that blends energy generation with strategic digital asset investment.

  • Capacity: 3.79 MW DC
  • Type: Utility-scale ground-mounted solar
  • Location: Former landfill site in Geddes, New York
  • Off-take: Local grid, supporting community energy needs
  • Impact: Powers approximately 450 homes annually

Solar Simplified handles all customer-facing activities for the Company’s community solar projects, allowing it to focus on developing and expanding its renewable energy portfolio. Solar Simplified’s expertise in acquisition, enrollment, and management ensures full project subscription and maximized revenue from day one. With a business model that aligns seamlessly with the Company’s, this partnership drives sustainable growth, enabling the Company to accelerate development, bring more projects online each year, and create greater value for its business and the communities served by the Company.  

Additional Information: Bitcoin purchases will be funded through excess cash generated by the Geddes Project, after meeting all capital expenditures, debt service obligations, and operational requirements. Timing, size, and frequency of purchases will be determined by market conditions, Bitcoin pricing, cash needs, and regulatory factors. No Bitcoin has been purchased as of the date of this release. Custody and security frameworks are currently under evaluation and will be finalized prior to any acquisitions.

About PowerBank Corporation

PowerBank Corporation is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA. With over 100 MW of completed projects and a 1+ GW development pipeline across multiple North American markets, PowerBank is positioned as a high-growth player in the renewable energy sector.

The Company develops solar and Battery Energy Storage System (BESS) projects that sell electricity to utilities, commercial, industrial, municipal, and residential off-takers. The Company maximizes returns via a diverse portfolio of projects across multiple leading North America markets, including projects with utilities, host off-takers, community solar, and virtual net metering projects. The Company has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built.

To learn more about PowerBank, please visit www.powerbankcorp.com.

FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements and forward-looking information ‎within the meaning of Canadian securities legislation (collectively, “forward-looking ‎statements”) that relate to the Company’s current expectations and views of future events. ‎Any statements that express, or involve discussions as to, expectations, beliefs, plans, ‎objectives, assumptions or future events or performance (often, but not always, through the ‎use of words or phrases such as “will likely result”, “are expected to”, “expects”, “will ‎continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, ‎‎”projection”, “strategy”, “objective” and “outlook”) are not historical facts and may be ‎forward-looking statements and may involve estimates, assumptions and uncertainties ‎which could cause actual results or outcomes to differ materially from those expressed in ‎such forward-looking statements. In particular and without limitation, this news release ‎contains forward-looking statements pertaining to the Company’s expectations regarding its industry trends and overall market growth; the Company’s intention with respect to its Bitcoin treasury strategy, and the size of the Company’s development pipeline. No assurance ‎can be given that these expectations will prove to be correct and such forward-looking ‎statements included in this news release should not be unduly relied upon. These ‎statements speak only as of the date of this news release.‎

Forward-looking statements are based on certain assumptions and analyses made by the Company in light of the experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties. In making the forward looking statements included in this news release, the Company has made various material assumptions, including but not limited to: obtaining the necessary regulatory approvals; that regulatory requirements will be maintained; general business and economic conditions; the Company’s ability to successfully execute its plans and intentions; the availability of financing on reasonable terms; the Company’s ability to attract and retain skilled staff; market competition; the products and services offered by the Company’s competitors; that the Company’s current good relationships with its service providers and other third parties will be maintained; and government subsidies and funding for renewable energy will continue as currently contemplated. Although the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect, and the Company cannot assure that actual results will be consistent with these forward-looking statements. Given these risks, uncertainties and assumptions, investors should not place undue reliance on these forward-looking statements. 

Whether actual results, performance or achievements will conform to the Company’s expectations and predictions is subject to a number of known and unknown risks, uncertainties, assumptions and other factors, including those listed under “Forward-‎Looking Statements” and “Risk ‎Factors” in the Company’s most recently completed Annual Information Form, and other public filings of the Company, which include: risks inherent with investing in Bitcoin, including Bitcoin’s volatility; the risks of implementing a new treasury diversification strategy; the Company may be adversely affected by volatile solar power market and industry conditions; the execution of the Company’s growth strategy depends upon the continued availability of third-party financing arrangements; the Company’s future success depends partly on its ability to expand the pipeline of its energy business in several key markets; governments may revise, reduce or eliminate incentives and policy support schemes for solar and battery storage power; general global economic conditions may have an adverse impact on our operating performance and results of operations; the Company’s project development and construction activities may not be successful; developing and operating solar projects exposes the Company to various risks; the Company faces a number of risks involving Power Purchase Agreements (“PPAs”) and project-level financing arrangements; any changes to the laws, regulations and policies that the Company is subject to may present technical, regulatory and economic barriers to the purchase and use of solar power; the markets in which the Company competes are highly competitive and evolving quickly; an anti-circumvention investigation could adversely affect the Company by potentially raising the prices of key supplies for the construction of solar power projects; foreign exchange rate fluctuations; a change in the Company’s effective tax rate can have a significant adverse impact on its business; seasonal variations in demand linked to construction cycles and weather conditions may influence the Company’s results of operations; the Company may be unable to generate sufficient cash flows or have access to external financing; the Company may incur substantial additional indebtedness in the future; the Company is subject to risks from supply chain issues; risks related to inflation; unexpected warranty expenses that may not be adequately covered by the Company’s insurance policies; if the Company is unable to attract and retain key personnel, it may not be able to compete effectively in the renewable energy market; there are a limited number of purchasers of utility-scale quantities of electricity; compliance with environmental laws and regulations can be expensive; corporate responsibility may adversely impose additional costs; the future impact of any future global pandemic on the Company is unknown at this time; the Company has limited insurance coverage; the Company will be reliant on information technology systems and may be subject to damaging cyberattacks; the Company may become subject to litigation; there is no guarantee on how the Company will use its available funds; the Company will continue to sell securities for cash to fund operations, capital expansion, mergers and acquisitions that will dilute the current shareholders; and future dilution as a result of financings.

The Company undertakes no obligation to update or revise any ‎forward-looking statements, whether as a result of new information, future events or ‎otherwise, except as may be required by law. New factors emerge from time to time, and it ‎is not possible for the Company to predict all of them, or assess the impact of each such ‎factor or the extent to which any factor, or combination of factors, may cause results to ‎differ materially from those contained in any forward-looking statement. Any forward-‎looking statements contained in this news release are expressly qualified in their entirety by ‎this cautionary statement.‎

Contact

Mike Pell
PHOENIX MEDIA MARKETING
articles@phoenix-mediamarketing.com

Ika Launches Mainnet to Enable Native Cross-Chain Asset Control on Sui Blockchain

Zug, Switzerland, July 29th, 2025, Chainwire

Ika, the pioneering blockchain infrastructure provider, has officially launched its mainnet, marking a significant milestone in blockchain interoperability. The launch introduces the first-ever zero-trust multiparty computation (MPC) network capable of native cross-chain asset control directly from smart contracts on the Sui blockchain.

Ika’s protocol allows Sui-based smart contracts to securely and seamlessly manage native assets across many blockchains, including Bitcoin, Ethereum, and modern L1s and L2s, without relying on bridges, token wrapping, or trusted third parties. This breakthrough eliminates common risks associated with cross-chain solutions, such as vulnerabilities inherent in bridging protocols or wrapped tokens, fundamentally transforming blockchain interoperability.

At the heart of Ika’s innovation is the introduction of dWallets, a decentralized, programmable, and transferable signing mechanism. dWallets enable both the user and the Ika network to collaboratively sign transactions, while enforcing logic governed by smart contracts. This empowers developers and institutions to build and operate securely across various blockchains with native asset control.

The technological core of Ika is its novel 2PC-MPC cryptography protocol, previously thought impractical for decentralized environments due to latency, scalability, and security constraints. Ika has overcome these hurdles, delivering sub-second latency and linear scalability, without compromising on decentralization, delivering a network that can be supported by hundreds of operators globally. Each operation includes cryptographic safeguards that require explicit user participation, supporting a zero-trust security framework.

The network’s native token, IKA, plays a critical role by securing the infrastructure through a decentralized, permissionless proof-of-stake consensus mechanism. IKA tokens are integral for transaction fees, spam prevention, rewarding reliable operators, and network governance.

Several leading blockchain projects on Sui are already utilizing Ika’s mainnet, demonstrating the protocol’s versatility and robustness:

  • Native is enhancing Bitcoin liquidity through native lending and DeFi services.
  • Human Tech delivers “Wallet-as-a-Protocol” solutions, seamlessly managing cross-chain assets.
  • Rhei Finance offers institutional-grade zero-trust multi-chain DeFi services.
  • Aeon advances decentralized custody solutions optimized for AI-driven financial management.
  • Nativerse pioneers Bitcoin-backed stablecoins without synthetic or wrapped intermediaries.
  • Ekko integrates AI chatbots with decentralized security via MPC technology.
  • Legacy Link facilitates secure digital asset inheritance through streamlined estate management.
  • Full Sail introduces an advanced Automated Market Maker (AMM) leveraging Ika’s interoperability.

“Today marks the start of a new era in blockchain interoperability,” said Ika Co-Founder Omer Sadika. “Our mainnet launch is not just a technological milestone, but a paradigm shift, bringing native Zero-Trust interoperability to Sui , and unlocking unprecedented possibilities for developers, institutions, and individual users alike.”

With Ika now live, blockchain projects, financial institutions, and developers can deploy multi-chain applications on Sui, operate as network participants, or engage with the Ika network.

For further information, users can visit https://ika.xyz or follow Ika on X.

About Ika

Ika is the fastest parallel MPC network, offering sub-second latency, unprecedented scale and decentralization, and zero-trust security. As the premier choice for interoperability, decentralized custody, and chain abstraction, Ika is set to revolutionize digital asset security and multi-chain DeFi. Users can learn more here

Contact

Ika PR
pr@ika.xyz

BTSE Sponsors Major Blockchain Conferences in Vietnam, Reinforcing Commitment to Southeast Asian Market

Ho Chi Minh City, Vietnam, July 29th, 2025, Chainwire

BTSE, a leading digital asset technology company, today announced its sponsorship of two prominent blockchain conferences in Vietnam: GM Vietnam 2025 and Conviction 2025. This strategic move underscores BTSE’s dedication to expanding its presence in the rapidly growing Southeast Asian market.

Vietnam’s crypto market is rapidly emerging as a major force in the global digital asset landscape, driven by a youthful, tech-savvy population and strong community growth. With an estimated 21–27% of the population — nearly 16 million users — actively engaged in cryptocurrency by 2025, Vietnam ranks among the world’s top countries for crypto adoption. Government initiatives, including a national blockchain development strategy underscore Vietnam’s commitment to supporting the sector’s continued expansion. These dynamics position Vietnam as a key regional hub and innovative leader in both cryptocurrency adoption and blockchain technology implementation.

BTSE’s participation in GM Vietnam 2025 and Conviction 2025 will provide invaluable opportunities to connect with industry leaders, innovators, and the vibrant Vietnamese blockchain community. These events are crucial platforms for sharing insights, discussing emerging trends, and showcasing BTSE’s commitment to providing secure and innovative solutions.

“We are thrilled to be a Silver Sponsor of both GM Vietnam 2025 and Conviction 2025,” said Jeff Mei, Chief Operating Officer at BTSE. “Vietnam is a dynamic and exciting market for blockchain technology, and these flagship industry conferences are vital for driving further adoption and collaboration. Our commitment to this region is steadfast, and we look forward to contributing to the growth and development of its thriving crypto ecosystem.”

GM Vietnam 2025, scheduled for August 1-2 in Hanoi, will bring together thousands of blockchain enthusiasts, developers, and entrepreneurs for a series of workshops, keynotes, and networking events. Conviction 2025, set for August 9-10 in Ho Chi Minh City, will focus on innovation and the integration of AI with blockchain technology.

BTSE will have a prominent presence at both events, featuring sponsorship of key afterparties and side events. This sponsorship is a testament to BTSE’s belief in the long-term potential of the Vietnamese market and its role in shaping the future of decentralized technologies.

About BTSE

BTSE Group is a global blockchain technology and fintech company founded in 2018, offering cryptocurrency infrastructure solutions such as exchange services, payments, and enterprise tools. BTSE operates a robust platform supporting over 200 cryptocurrencies and access to perpetual futures markets in select jurisdictions. With a monthly trading volume exceeding $30 billion globally, BTSE also offers enterprise solutions, enabling businesses to create custom white-label exchanges, wallets, and payment gateways. BTSE serves both retail and institutional clients worldwide.

For more information:

Official Website: https://www.btse.com/

Twitter: https://x.com/BTSE_Official

Instagram: https://www.instagram.com/btse_exchange/

Tik Tok: https://www.tiktok.com/@btseofficial

LinkedIn: https://www.linkedin.com/company/btseofficial/

Contact

Ker Zheng
media@btse.com

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