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VIENNA, May 29, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has received its Markets in Crypto-Assets Regulation (MiCAR) license from the Austrian Financial Market Authority (FMA), signifying a pivotal moment in its European expansion. With this new license, Bybit can now operate as a fully compliant crypto-asset services provider and passport its regulated and localized crypto products and services to nearly 500 million Europeans in 29 EEA (European Economic Area) member states through its EEA hub, which is based in Austria. Alongside this regulatory milestone, Bybit has also established its official European headquarters in Vienna, Austria.

The MiCAR license underscores Bybit’s unwavering commitment to meeting the highest regulatory standards in Europe, including crucial safeguards that are designed to enhance transparency, prevent illicit activities, and protect consumers within the European Union’s digital finance ecosystem.

“Securing the MiCAR license in Austria is a testament to our compliance-first approach at Bybit,” stated Ben Zhou, co-founder and CEO of Bybit. “We are actively collaborating with regulators and pursuing licenses globally to ensure our users can access our innovative platform with the highest levels of regulatory and compliance assurance.”

To support its upcoming European expansion, Bybit is making a substantial investment in Austria, with plans to hire over 100 professionals in Vienna as it provides more localized and regulated services to users.

“Obtaining the MiCAR license demonstrates our commitment to compliance and transparency, in line with Europe’s high regulatory standards,” said Mazurka Zeng, Chief Executive Officer of Bybit Europe.

“Vienna is now the home of Bybit Europe, and we’re proud to contribute to Austria’s forward-looking financial environment by investing in talent and innovation. Beyond this, we are dedicated to fostering a strong local crypto community and, through the Blockchain for Good Alliance (BGA), we will extend our resources to work closely with universities across the region, cultivating the next generation of blockchain innovators and exploring impactful real-world applications of the technology,” Mazurka said.

#Bybit / #TheCryptoArk / #MiCAR

About Bybit

Bybit is the world’s second-largest crypto-asset exchange platform, providing over 70 million users globally access to its innovative crypto investment products and services. Bybit EU is the newly established EU headquarter and will serve the EEA clients on the dedicated Bybit EU platform.

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

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New integrations expand Rain’s multi-chain support, enabling partners to easily launch stablecoin-powered card programs across even more blockchains simultaneously

NEW YORK, May 29, 2025 /PRNewswire/ — Rain, the global card issuing platform powered by stablecoins, today announced native support for Solana, Tron, and Stellar, expanding its mission to build modern financial infrastructure that is more accessible, programmable, and global. With these integrations, Rain enables partners built on top of Solana’s high-throughput infrastructure, Tron’s stablecoin-rich ecosystem, and Stellar’s remittance-oriented network to quickly launch compliant card programs and bring stablecoin utility to real-world payments, including consumer and B2B spending, cross-border disbursements, and platform payouts.

Rain is the only Visa Principal Member that allows partners to deploy and manage programs across multiple blockchains simultaneously. This capability is available out of the box, supporting both custodial and non-custodial wallets. It dramatically simplifies how exchanges, fintechs, neobanks, and platforms issue cards that work globally—instantly enabling stablecoins to be used at over 150 million merchants that accept Visa.

“Quickly developing solutions that meet our partners’ needs is all part of Rain’s commitment to building financial infrastructure that is more global, open, and efficient,” said Charles Yoo-Naut, CTO and Co-founder of Rain. “By offering native support for Solana, Tron, and Stellar, we’re introducing our solution to even more ecosystems, allowing partners to build scalable, stablecoin-powered card programs that make payments better for everyone.”

One example is KAST, a neobank app built on Solana that works with Rain to offer branded cards that let users spend stablecoins natively from their wallets. With its fast, low-cost architecture, Solana allows KAST to build seamless, real-time payment experiences for its growing user base across global markets.

Another example is Offramp, a fintech platform built on Tron and partnering with Rain on its card program. Offramp is on a mission to provide greater financial freedom for people around the world, with a strong presence in Latin America. Through a Rain-issued Visa card, users are empowered to use digital dollars anywhere Visa is accepted—making onchain assets usable in the real world.

These new integrations come in response to rising demand from platforms seeking to enable seamless stablecoin-linked spending and expand card access across ecosystems. Rain already supports Arbitrum, Optimism, and Polygon, and this expansion reinforces Rain’s leadership in offering multi-chain, stablecoin-native card infrastructure.

Rain recently raised a $24.5 million Series A round in March. Today’s announcement marks another step in Rain’s rapid growth and commitment to deploying capital to support new partners, scale its global footprint, and meet the accelerating demand for programmable payments worldwide.

About Rain: Rain is a global card issuing and payments platform powered by stablecoins. As a Visa Principal Member, Rain enables partners to launch branded card programs quickly and compliantly—without relying on third-party banks or fragmented infrastructure. Rain’s developer-friendly API offers a fully customizable, full-stack issuance solution that supports both custodial and non-custodial wallets and operates natively across multiple blockchain networks. Rain-issued cards are accepted at over 150 million merchants worldwide, making digital assets instantly usable anywhere Visa is accepted. Trusted by industry leaders, Rain is rebuilding essential financial infrastructure to allow money to flow more efficiently across the globe. Learn more at https://www.rain.xyz/

Media Contact:
Lucas Piazza
Marketing Lead, Rain
lucas@rain.xyz 

Curaçao, Curaçao, May 29th, 2025, Chainwire

Bet20 Casino, owned and operated by Platinum Technology NV, officially launches its crypto gambling platform bet20.com. It is offering players 10,000+ titles, several unique in-house games, and instant withdrawals via cryptocurrencies. The platform also operates under the license and regulation of the Curacao Gaming Control Board (GCB) to ensure players globally enjoy gambling in a secure and fair environment.

The majority of the game titles provided by Bet20 are sourced from leading suppliers like Pragmatic Play, BGaming, Red Tiger, and Microgaming. With so much focus on responsible gaming, security, player entertainment, and satisfaction, Bet20 aims to redefine the online crypto gaming industry. 

‘’Our vision for Bet20 was basically to develop a crypto casino where every gamer or bettor feels safe, entertained, and fully in control of their funds.’’. Said a Bet20 chief executive Durrant Nagra. ‘’Our partnership with reliable software providers is really an assurance of an elite gaming experience. With over 10,000+ titles in our library that include online slots, table games, live dealers, and in-house games, every gamer will enjoy our selection. 

‘’At Bet20, we believe in creating a safe and enjoyable environment for all our players. We highly promote responsible gaming practices by offering features and/or tools that will help our gamers stay in control. Some of our responsible gambling resources include self-exclusion and setting deposit limits. Besides, our support team is well-trained to assist any player who might need help managing their gaming habits.’’ He added.

Both casual and high rollers can potentially enjoy one of the most competitive welcome bonuses of 280% up to €12,000 (or equivalent value in crypto) plus 150 free spins upon signing. Gamers can also enjoy regular promotions, tournaments, and lotteries. The platform also processes payout requests instantly via more than 10 popular cryptocurrencies like BTC, ETH, LTC, DOGE, USDT, and BNB. 

‘’From the time players register to the moment they want to withdraw their winnings, we have ensured that every step is simple, fast, and rewarding.’’ Continued Bet20 chief executive, Durrant Nagra. ‘’The overwhelmingly positive feedback from our members is a clear indication that crypto gambling can be a truly premium experience.’’ Bet20 team.

Bet20 has set to be a game changer amongst other crypto casinos, a platform with exceptional value for users and players. From its notable features like its no KYC policy and fast transactions to its curated premium game library and rewarding bonus system, Bet20 delivers on key expectations for today’s crypto gamblers, combining variety, speed, and security in one platform.

In addition to its active customer support, advanced security features, and transparent operations, Bet20 is steadily positioning itself as the platform of choice for discerning players in 2025 and beyond.

About Bet20 Casino

Bet20 is a globally leading cryptocurrency gaming and betting platform offering an elite casino and sports betting experience. The platform leverages blockchain technology to ensure transparent, secure, and efficient transactions. Supporting 10+ cryptocurrencies, Bet20 allows players to make instant transactions with no hidden fees or delays. 

Users can follow Bet20 platforms to stay tuned:

• Official website:bet20.com
• Telegram Group: @bet20officialgroup
• Twitter: @bet20__
• Ins:@bet20official
• Youtube: @Bet20888
• Facebook: officialbet20

Contact

Business/Affiliate Manager
Lisa
BET20
affiliates@bet20casino.com

Singapore, Singapore, May 29th, 2025, Chainwire

Reddio, The first parallel EVM to go mainnet—GPU-accelerated, AI-native, backed by Paradigm.

Reddio, the high-performance parallel EVM accelerated by GPU, will launch its native RDO token through a Binance Exclusive Token Generation Event (TGE) on Binance Wallet starting May 29, 2025.. Engineered for autonomous AI and compute-heavy dApps, Reddio brings Web3 scalability into the high-performance era.

Following the TGE, RDO will be available for Binance Alpha trading on PancakeSwap and Binance Wallet DEX, providing access across both decentralized and semi-custodial venues.

As part of its multichain architecture, 50% of RDO’s circulating supply will be deployed on BNB Chain, with seamless cross-chain transfers enabled by Hyperlane’s messaging bridge, ensuring smooth interoperability across ecosystems.

Key Token Launch Details

• Token Name: Reddio (RDO)
• Token Symbol: RDO
• Launch Format: Binance Exclusive TGE on Binance Wallet
• Total Supply: 10,000,000,000 RDO
• IDO Distribution: 2% of total supply
• Subscription Period: May 29, 2025, from 8AM to 10AM (UTC)
• Alpha Trading Format: RDO / BNB trading pair
• Alpha Trading venue: Binance Wallet DEX or PancakeSwap after subscription..
• Alpha Trading start Time: May 29, 2025, from 10AM (UTC)

Why Reddio

The Parallel EVM Powering Autonomous AI

Backed by Paradigm, Reddio is purpose-built for the next frontier of blockchain: AI agents, high-frequency DeFi, and real-time applications—all running natively on-chain.

By fusing parallel execution with GPU acceleration, Reddio delivers unprecedented computational throughput, without sacrificing decentralization or security.

Already integrated by over 40 projects, and with 124M+ transactions and 18M wallet addresses on public testnet, Reddio is on track to become the first parallel EVM to go live on mainnet in Q2, 2025.

️The Tech Stack

#ParallelExecution – Enables multi-threaded smart contract execution using optimistic concurrency with conflict detection and re-execution, inspired by BlockSTM-style models.

#GPUAcceleration – Compiles EVM bytecode to CUDA kernels, enabling smart contracts and AI workloads to run directly on GPUs — unlocking native GPU-level speed for on-chain computation

#DecentralizedSequencer – Boosts network resilience and ensures censorship-resistant transaction ordering.

#LowGasFee – Cost-efficient execution at scale, even for compute-intensive AI workloads.

#ModularSequencerSDK – Accelerate time-to-launch for Layer 2/3s and appchains with modular, production-ready infra.

“If IPOs only claim to be Day One, then launching a token is truly Day One,” said Neil Han, Founder of Reddio. “This moment marks the culmination of four years of relentless work. We’re not just scaling Ethereum—we’re redefining what it means to compute on-chain. Grateful to those who believed, and to those who didn’t. And listing on Binance Alpha right after gives our users immediate flexibility across ecosystems. Onwards and upwards—the sky is not our limit, it’s our starting line.”

About Reddio

Backed by Paradigm, Reddio is the first GPU-powered parallel EVM Layer-2, built for running autonomous AI natively at scale. With Ethereum-grade security, multi-threaded execution, and a modular infrastructure stack, Reddio enables real applications to thrive in a decentralized environment.

Website: reddio.com

Twitter: @reddio_com

Whitepaper: https://static.reddio.com/REDDIO WHITEPAPER.pdf

Contact

CEO
Neil Han
Reddio
neil@reddio.com

Miami, Florida, May 28th, 2025, Chainwire

Today, Weed unveils its holistic wellness platform, a move aimed at reshaping the global conversation around well-being. Over the past five years, the team has directed more than $20 million toward intellectual-property acquisition and product development. The result is a convergence of advanced AI, decentralized Web3 design, and a brand with true cross-cultural resonance. Together, these elements open the door to a healthier, more participatory lifestyle economy.

Mainstream AI tools rarely meaningfully address everyday health, a gap that Weed aims to close. By weaving technology with culture, the company recasts the word “weed” as shorthand for happiness, contentment, and personal fulfillment. While wellness is a process, well-being is a state of mind. Weed is the first global well-being brand.

A New Chapter for Cannabis, Wellness, and Web3

Weed is more than cannabis; it represents a commitment to complete well-being. Built as a decentralized, community-first ecosystem, the platform spreads a message of practical self-care. It appeals to crypto natives and newcomers through token incentives, community governance, an upcoming AI assistant, and interactive digital content. The ambition is a circular well-being economy. With Weed, users do more than purchase; they help design, refine, and distribute what comes next.

Extensive IP, Cultural Relevance, and Market Positioning

Weed gained its edge by securing trademark protection for the WEED name across health, cosmetics, food, beverages, and many other industries. This rare portfolio creates a runway for Weed-branded products that tie directly into the Web3 stack.

As legalization widens worldwide, early holders of the $WEED token obtain exposure to a brand positioned to shape the decade’s wellness landscape. Participation transforms consumers into stakeholders, aligning cultural impact with economic upside.

What’s Next for Weed

Chief executive Darin Phillips leads a multidisciplinary team preparing a global rollout of live events, celebrity collaborations, and product reveals. The launch of an AI agent will anchor this campaign and highlight how data-driven personalization can elevate everyday well-being.

“At Weed, we believe in the love of others and the love of self. So no matter what the world throws at you, our motto is “Take the High Road.” – Darin Philips

For further information, users can visit Weed’s Discord

About Weed

Weed is the world’s first global well-being brand powered by AI and Web3. Bridging advanced technology with cultural consciousness, Weed redefines wellness as a participatory and decentralized lifestyle movement. Through its $WEED token, trademark-backed IP portfolio, and commitment to community-first innovation, Weed empowers individuals to design their journey toward health, happiness, and self-fulfillment. With a cross-industry presence spanning health, food, cosmetics, and beyond, Weed is cultivating a new era of holistic living, one that puts people, purpose, and peace of mind at the center.

Contact

Senior Growth Analyst
Luki Radarblock
Weed
luki@radarblock.xyz

Victoria, Seychelles, May 28th, 2025, Chainwire

Bitget, a leading global cryptocurrency exchange and Web3 platform, has officially introduced PFVSUSDT-M perpetual futures for trading on its platform. The new listing supports a maximum leverage of 20x and is compatible with Bitget’s suite of futures trading bots, providing users with expanded tools for strategic investment.

The PFVSUSDT-M contract enables perpetual trading on a 24/7 basis, with settlement denominated in USDT. The instrument supports a tick size of 0.00001 and enforces funding fee settlements every four hours. This addition continues Bitget’s commitment to offering diversified and efficient trading options tailored to the needs of both institutional and retail traders.

As with all perpetual contracts on Bitget, the platform may revise certain trading parameters—including tick size, leverage limits, and margin requirements—based on prevailing market conditions and risk assessments. Traders are encouraged to refer to the official PFVS/USDT listing page for the most up-to-date contract specifications and trading guidelines.

Bitget’s futures trading ecosystem now includes USDT-M, Coin-M, and USDC-M contracts. USDT-M Futures allow traders to manage multiple positions using USDT as collateral, offering enhanced capital efficiency by aggregating equity, profits, losses, and risk metrics across supported trading pairs.

Find more details on PFVSUSDT here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 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 world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of 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.

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

For media inquiries, users can 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

San Jose, Costa Rica, May 27th, 2025, Chainwire

In a world where lost seed phrases and inaccessible crypto wallets have cost investors billions, Cache Wallet has set out to turn the tide. The presale for the revolutionary smart wallet is officially live at presale.cachewallet.com, and early investor response is already setting records—with around 60% of presale tokens sold out within the first 72 hours.

Cache is a bold solution to one of the crypto world’s most haunting problems, like lost access. As the first smart wallet capable of restoring frozen assets caused by misplaced seed phrases, private keys, or passwords, Cache delivers a breakthrough level of security and peace of mind.

And it doesn’t stop there. Purpose-built for Real-World Asset (RWA) transfers, Cache Wallet is powered by an embedded AI Agent assistant, designed to simplify complex interactions and protect user assets in real time. In a landmark move, Cache has also announced a strategic partnership with Mises Browser, signaling their expansion into trusted Web3 browsing and wallet integration.

“This isn’t just about building another wallet. Cache is building a future where people can finally trust that their digital assets are recoverable, secure, and interoperable,” said Cache Wallet spokesperson Leon (Chief Strategy Officer). “Losing your crypto should be a thing of the past. This is our moment to rewrite the rules.”

Cache’s rapid presale success reflects the strength of its mission and community support, with innovative features, a strategic partnership, and the credibility of real use cases.

“The secret of getting ahead is getting started,” Mark Zheng once said. “Cache isn’t just a product, it’s a legend in the making,” says Monroe. “This token will power the infrastructure of future-proof finance. We’re not just selling a token. We’re solving the biggest problem in crypto.”

Key Highlights:

• Presale Live: presale.cachewallet.com
• 60% of tokens sold within 3 days of launch
• World-first smart wallet with frozen asset recovery
• AI Agent integration for smarter, safer asset management
• Strategic partnership with Mises Browser
• Designed for Real-World Asset (RWA) support

Cache Wallet’s presale is more than a funding round. It’s the first step toward a safer, smarter financial future for crypto holders everywhere.

Users can visit presale.cachewallet.com to learn more.

About Cache Wallet

Cache Wallet restores frozen assets caused by lost seed phrases, keys, and passwords. It also acts like a decentralized last will and testament, so assets automatically transfer when no longer active. It supports RWA transfers, comes with an AI Agent to help set up secure transfers, and includes auto-bridging to make things easier for beginners.

At the moment there is nothing out there that’s decentralized and stops users losing their assets when they lose their seed phrases/keys. Cache is solving what’s estimated to be a $450 billion problem—and they’re the first to do it.

For media inquiries or partnerships, users may contact press@cachewallet.com

Website:- cachewallet.com

X/Twitter :- Cache Wallet

Telegram:- @cachewallet_1

Cache Docs:- Ecomonics paper | Whitepaper | Deck

“Don’t wait for opportunity, create it with Cache.”

Contact

CEO – Founder
Callum Taylor
Cache Finance LLC
press@cachewallet.com

Singapore, Singapore, May 26th, 2025, Chainwire

Gomble Games, the Web3 gaming business behind hit title EggDrop, officially launches GOMBLE BUILDERS, a creator platform where communities co-develop games, contribute assets, and share in the upside—while the finished games are built to reach millions of mainstream mobile users across the world.

GOMBLE BUILDERS empowers supporters, NFT holders, meme token communities, and developers to come together to shape game content from the ground up. From asset licensing and gameplay concepts to AI-powered characters and IP integrations, every contributor plays a part in creation and gets rewarded for it. But unlike most Web3 projects, these games aren’t limited to crypto-native audiences. They’re designed for mass-market players across app stores and mobile platforms, making this one of the first creator-powered Web3 pipelines built for Web2-scale adoption.

The platform’s first Proof-of-Concept is an NFT licensing marketplace. NFT holders can submit their assets and ideas to be featured in GOMBLE games. If selected, those IPs will be integrated into actual titles, and contributors will receive a share of the revenue generated from the licensed IPs—connecting digital ownership with mainstream game economies in a real, measurable way.

GOMBLE BUILDERS is supported by a powerful roster of Web3 partners: Story for IP provenance, PG/Jirasan and DXNK for NFT integrations, Adventure Layer—an AI-native onchain gaming L2 developed by Adventure Gold (AGLD DAO)—and AWE for AI-powered logic, and meme communities like MEW, Sundog, and Hippo, who bring cultural resonance and fan-driven engagement.

At the core of this collaborative economy is $GM, GOMBLE’s native token. $GM fuels licensing, incentives, and creator rewards within BUILDERS, and its utility will only expand as more games are developed and played. As the GOMBLE ecosystem grows, so does the demand and relevance of $GM—making it more than just a token, but the economic engine behind a scalable creator economy.

With BUILDERS, Gomble Games is setting the stage for a new development model: games made by communities, for the masses—where ownership, creativity, and rewards flow together.

About GOMBLE

GOMBLE is a Web3 gaming platform with a mission to onboard over 2 billion mobile casual gamers into Web3.

Founded by a team of veterans from 111%, GOMBLE merges deep expertise in game development with blockchain technology to build an ecosystem where anyone can easily play, contribute, and earn within Web3 games.

More information is available at GOMBLE’s Vision Paper.

  https://gomblegames.gitbook.io/vision-paper/gomble-builders

Contact

Gomble Games
mkt@gomble.io

Panama City, Panama, May 26th, 2025, Chainwire

Flipster, a global cryptocurrency trading platform, is launching APR Supercharge, a limited-time rewards campaign offering users up to 122% APR on eligible USDT deposits. Running from June 1 to June 14, 2025, the initiative combines deposit-based yields with trading incentives, rewarding active users on the platform.

Users who deposit USDT will earn a 20% base APR on new net deposits, applicable across all supported networks. By maintaining a daily trading volume of at least 250,000 USDT and depositing via the TON or APTOS networks, they have the opportunity to unlock an additional 80% APR boost the following day—bringing total potential rewards to 100% APR.

These rewards are stackable with Flipster’s existing Earn Campaign, which offers up to 22% APR on USDT balances—allowing eligible users to potentially earn a combined APR of up to 122%, rewards distributed daily in USDT. There are no lock-up periods—users retain full access to their capital at all times. Rewards are calculated based on the 24-hour average net deposit, with a cap of 200,000 USDT per user.

Flipster offers trading across 350+ cryptocurrencies, including BTC, ETH, trending altcoins, and meme coins, giving users a broad range of opportunities to trade and qualify for the APR boost. 

With a zero-fee model—no maker or taker fees on spot and perpetual futures trades—along with no deposit fees and low-cost withdrawals, Flipster ensures full pricing transparency. Combined with tight spreads, the platform ensures cost-efficient execution for all types of traders.

For advanced traders, up to 100x leverage is available on perpetual futures markets, enabling flexible position sizing to match market conditions and trading strategies.

APR Supercharge is part of Flipster’s broader commitment to building an accessible, user-first trading experience. As the platform expands globally, its suite of campaigns and earning tools continues to offer users smarter ways to trade, earn, and grow their portfolios—without hidden fees or unnecessary friction.

APR Supercharge launches on June 1, 2025. Users can participate by depositing USDT via eligible networks and maintaining daily trading activity throughout the campaign window. Full campaign mechanics and eligibility details are available here.

About Flipster

Flipster is a global cryptocurrency trading platform that delivers fast, secure, and intuitive access to digital assets. With over 350 trading pairs across spot and perpetual futures markets, Flipster combines zero trading fees, tight spreads, and up to 100x leverage to give users a powerful edge in any market condition.

Users can trade and earn simultaneously—with USDT used for trading continuing to earn APR rewards—maximizing capital efficiency without sacrificing execution.

Designed with a focus on security and a user-first experience, Flipster delivers the speed, transparency, and reliability traders need to move with confidence.

Over the past year, Flipster’s trading volume grew 856%, and total user assets increased by more than 6,000%, solidifying its position as a leading derivatives trading platform.

Users can learn more at flipster.io or follow X.

Contact

Press Contact
pr@flipster.io

Abu Dhabi, UAE, May 23rd, 2025, Chainwire

The Venom Foundation has successfully completed a closed‑network stress test of its next‑generation protocol, which is capable of completing 150,000 transactions per second (TPS) and finalizing all transfers in under three seconds. The implementation of this upgrade is set to occur in Q3 2025 and make Venom one of the most effective throughput public blockchains in existence.

“Throughput only matters if it can remain reliable under pressure,” said Christopher Louis, Chief Executive Officer at Venom. “Our new stack can handle enterprise‑scale workloads without spiking fees or compromising decentralization, which is exactly what payment providers, exchanges, and game studios need.”

Why It Matters for Markets

• Speed at scale — DAG‑based mempool consensus unlocks headroom for 400,000+ TPS in synthetic benchmarks while maintaining real‑time finality.
• Fair order flow — The distributed sorting layer can convert the DAG into a single linear order, preventing front‑running and other MEV exploits.
• Parallel smart‑contract execution — TVM actor model shard accounts and processes call asynchronously, enabling high‑volume DeFi and microtransactions.
• Deterministic security — Validators can generate identical outputs, meaning finality is reached once 2 n + 1 signatures are collected, making forks virtually impossible.
• Lean networking footprint — Asynchronous block distribution keeps bandwidth costs low for operators and cloud partners.

Path to Production

Testnet (Q2 2025) – Security audits, ecosystem tooling, third‑party audits

Mainnet Migration (Q3 2025) – In‑place hard fork

Ecosystem Expansion (Q4 2025) – Cross‑chain bridges, feature‑complete SDKs

Transparency

All raw data, node configurations, and test scripts will be published to Venom’s public GitHub repository ahead of the testnet launch. Independent auditors are currently reviewing both the security and performance aspects of the upgrade.

About The Venom Foundation

The Venom Foundation consists of researchers and developers from Abu Dhabi, where they built the foundations for the network. The foundation is a Cayman‑registered, community‑driven non‑profit supporting research, development, and adoption for the Venom blockchain. 

Website: https://venom.foundation/

https://x.com/VenomFoundation/

Press contact: press@venom.foundation

Contact

CEO
Christopher Louis Tsu
Venom Foundation
media@venom.network