chainwire

Texas, United States, June 11th, 2025, Chainwire

Bitcoin holders can now trade, borrow, and execute complex DeFi strategies for just $0.01 per transaction, following Threshold Network’s launch of tBTC on Starknet. This trust-minimized protocol transforms Bitcoin into functional DeFi capital while preserving full user custody.

tBTC is now available for direct minting on Starknet via the Threshold UI, allowing users to seamlessly bring native BTC onchain without custodians or intermediaries.

With Bitcoin’s average transaction fee at $1.49 (7-day moving average, June 2025), it’s no match for Starknet’s ultra-low costs, where the same Bitcoin, via tBTC, can be traded, lent, or deployed in complex DeFi strategies for just $0.01 per transaction.

“BTC on Bitcoin Mainnet is like gold bars in a vault: valuable but unusable,” said MacLane Wilkison, Co-Founder of Threshold Labs. “At just $0.01 per transaction on Starknet, Bitcoin becomes more than a store of value — it can now be used for small to large-scale trades, executed hundreds of times a day, and as a source of capital to lend or even borrow against. This is Bitcoin as it was meant to be used.”

The Numbers: Why Bitcoin DeFi Struggles

Current Bitcoin mainnet reality (June 2025 data):

• Average transaction fee: $1.49 (7-day moving average)
• Recent peak during congestion: $91.89 (April 2024)
• Confirmation time: 10-60 minutes

Result: Complex DeFi operations become uneconomical: even at $1.49, a $100 trade costs 1.5% in fees. 

tBTC on Starknet changes the economics:

• Transaction fees: $0.01
• Confirmation: Instant
• Throughput: 857 TPS (achieved in testing)

Result: Bitcoin becomes a working capital, operating at minimal cost.

What’s Coming Next for tBTC x Starknet

With the launch of tBTC on Starknet, Threshold Network is building the foundation for a Bitcoin-Ethereum economy within a scalable, zero-knowledge environment. tBTC is integrating with Starknet’s most prominent protocols to bring trust-minimized Bitcoin liquidity to trading, borrowing, and beyond.

• Live on Launch: DEX Trading on Ekubo – Native Starknet DEXs enable deep, efficient trading of tBTC against select pairs. Users can deploy capital with minimal slippage and explore high-frequency strategies at a much lower cost.
• Coming Soon: tBTC Lending on Vesu – Soon, users can borrow against their tBTC positions without relinquishing custody, via Vesu. This integration mirrors the success of tBTC on Ethereum, where over 25% of the supply is locked in Aave.

What Can Users Do with tBTC on Starknet

• Execute on Select Trading and Borrowing Strategies
• Provide liquidity at minimal rebalancing costs
• Use Bitcoin as collateral without selling
• Manage positions freely on DEXs
• Trade tBTC or explore staking pairs

Enabling New Application Use Cases:

• Streaming Payments: Enables Bitcoin-backed payments to be sent on a per-second basis.
• Automated Strategies: Allows BTC to function within smart contract systems while minimizing gas overheads that could reduce returns.
• Bitcoin-Powered Gaming: Facilitates microtransactions through low-cost, instant Bitcoin-backed transfers, making them viable in gaming environments.

What’s Coming Next

1. Perpetuals & CDPs: Upcoming integrations with perp DEXs and collateralized debt protocols will expand risk-managed leverage options and allow BTC to power more complex DeFi tools.
2. Yield Vaults: Future integrations with automated vaults will simplify liquidity management for users and unlock more opportunities with BTC on DeFi. 
3. Oracles & Liquidity Infrastructure: Collaborations with major liquidity providers and oracle networks will ensure accurate price feeds and optimal capital deployment.

“This fundamentally changes Bitcoin’s role in DeFi,” said Damian Chen, Head of Growth at the Starknet Foundation. “We’re seeing developers revisit ideas killed by high fees. Bitcoin at scale is finally possible on Starknet.”

Security Without Compromise

Unlike other wrapped Bitcoins that require corporate custody, tBTC uses threshold cryptography. Multiple independent nodes secure Bitcoin deposits, ensuring that no single entity controls funds. No KYC is required, and users maintain Bitcoin sovereignty while accessing DeFi.

Starknet’s zero-knowledge proofs provide the scaling. STARK cryptography compresses thousands of transactions into one proof, achieving 857 TPS in testing while maintaining Ethereum’s security guarantees.

How to Access tBTC on Starknet

Access tBTC on Starknet via 2 ways:

• Direct Minting from BTC to tBTC (Starknet): https://dashboard.threshold.network/tBTC/mint
• Bridge tBTC from Ethereum L1 to Starknet: https://starkgate.starknet.io/ethereum/bridge?mode=deposit

With $547 million in TVL, 193 active protocols, and over 11,000 daily users, Starknet has rapidly emerged as a hub for scalable, composable DeFi.

Starknet users can now directly mint tBTC — a fully backed, 1:1 representation of native Bitcoin — through the Threshold UI, providing them with seamless access to Bitcoin’s value without intermediaries and with full self-custody.

Additionally, users can bridge existing tBTC from Ethereum L1 to Starknet via the official StarkGate bridge, offering even more flexibility for Bitcoin holders to participate in Starknet DeFi.

Market Context

Despite a $2.1 trillion market cap, Bitcoin’s presence in DeFi remains minimal, with just $6.3 billion (under 0.3%) locked in decentralized protocols, according to DefiLlama data from June 2025. As transaction costs decline and access barriers are removed, the Bitcoin DeFi market has the potential to grow 10–15x, unlocking new utility beyond passive holding and into active, composable participation across DeFi.

tBTC has operated since 2020 as the leading trust-minimized Bitcoin protocol. Combined with Starknet’s proven 857 TPS capacity, Bitcoin DeFi can finally scale.

About Threshold Network

Threshold Network powers tBTC, the leading decentralized, 1:1 Bitcoin-backed asset for DeFi. Secured by a 51-of-100 threshold signer model, tBTC enables BTC to move across multiple chains—including Ethereum, Solana, Arbitrum, and BOB—without requiring custodians or compromising security. With $450M+ in TVL and $3.6B in bridge volume since 2020, Threshold delivers the most robust trust-minimized Bitcoin infrastructure in DeFi.

About Starknet

Starknet is a permissionless, decentralized zero-knowledge (ZK) rollup that offers high scalability, low fees, and fast finality. Powered by STARK proofs and developed by StarkWare, Starknet is designed for long-term composability, security, and developer flexibility.

Disclaimer: This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those discussed. Nothing in this press release should be considered investment advice.

Contact

Marketing
RC Threshold
Threshold Labs
marketing@tnetworklabs.com

Los Angeles, USA, June 11th, 2025, Chainwire

Allnodes, a provider of non-custodial staking and node hosting services, has introduced a new range of bare-metal servers tailored specifically for Solana validators and infrastructure developers. Designed to meet Solana’s stringent performance requirements, these single-tenant servers offer high throughput, low latency, and enterprise-grade reliability, without requiring users to manage on-premises hardware.

Infrastructure Optimized for Solana Validator Demands

The new hosting solution is engineered to exceed Solana’s baseline validator specifications, ensuring consistent performance even during periods of network congestion.

Each server is powered by AMD’s latest-generation EPYC Turin processors, starting with the 24-core 9275F (up to 4.8 GHz Max Boost) and scaling to the 64-core 9575F (up to 5.0 GHz Max Boost). Standard configurations include 256GB of DDR5 ECC RAM running at 4800 MHz, with available upgrades up to 3072GB at 4000 MHz or 1280GB at 6400 MT/s. This flexibility supports validators leveraging Jito-Solana infrastructure and those requiring enhanced Maximal Extractable Value (MEV) handling.

Storage capabilities feature Gen 5 NVMe SSDs with up to 7.68TB capacity. Solidigm D7-P5310 drives, capable of delivering read speeds of 14,500 MB/s and 3.1 million IOPS, are included to support high I/O demands and rapid ledger access.

Network performance includes dual 25 Gbit/s ports, with upgrade options to dual 100 Gbit/s connections. All servers are hosted in Tier 3.5+ data centers in Germany, providing redundant power systems, advanced cooling, DDoS protection, and 99.99% uptime.

Validator-Centric Features

Allnodes’ offering allows validators to retain full operational control while offloading infrastructure management. Clients are provided with 24/7 access to the Intelligent Platform Management Interface (IPMI) and BIOS for remote hardware management. Customized configurations are provisioned within 24 hours, and 24/7 technical support is available for maintenance and optimization.

The service offers a fixed-cost alternative to self-hosting, combining predictable pricing with enterprise-level performance via the AMD EPYC Turin architecture.

About Allnodes

Allnodes delivers blockchain infrastructure solutions with a focus on non-custodial staking and node hosting. Supporting over 120 networks and tens of thousands of nodes, the platform manages nearly $3 billion in staked assets. Allnodes emphasizes performance, transparency, and reliability, enabling individuals and institutions to participate in decentralized networks.

Contact:

Website: www.allnodes.com/hosting

Email: support@allnodes.com

Twitter: @Allnodes

Contact

Support
support@allnodes.com

London, England, June 11th, 2025, Chainwire

TezDev, the annual gathering of the Tezos ecosystem, returns on July 3rd at the iconic Hôtel Martinez in Cannes — just a short seaside walk from the Ethereum Community Conference. After three successful editions, the free, one-day event continues to bring together developers, creators, and blockchain enthusiasts from around the world. This year’s agenda features a packed lineup of sessions on gaming, art, DeFi, and more — along with interviews with key figures from the Tezos ecosystem and special guest appearances. 

This year, TezDev is built around the theme Catalyst — a nod to the momentum building across the Tezos ecosystem. The program brings together dev talks, first-look demos, and a deep dive into Tezos’ artistic side, showing how teams are making it easier to build and create new kinds of user experiences. Guests can expect a check-in on the progress toward Tezos X, with Tezos co-founder Arthur Breitman’s keynote and sessions digging into technical developments. From Etherlink’s growing DeFi ecosystem to an immersive art showcase celebrating the creative community on Tezos, the schedule reflects the diversity of projects taking shape. TezDev 2025 also marks the launch of the Etherlink hackathon, organized in partnership with Encode Club, inviting developers to bring their ideas to life on the next-gen Layer 2.

As a key moment in the Tezos community calendar, TezDev attendance has grown steadily year over year, with 420 attendees in 2024 — up 55% from 2023, which saw 270 attendees, and more than double the 200 attendees in 2022.

TezDev is a day of exchanges and meetings led by the passionate blockchain and Web3 communities. This event is an opportunity to review the latest technological advances and for project leaders, creators, developers, and innovators shaping Tezos to showcase their achievements within the ecosystem. Over the past year, the Tezos ecosystem has seen major developments — including Uranium.io launching to break down barriers to the uranium market the activation of the Rio and Quebec protocol upgrades; Etherlink’s Dyonisus, Calypso, and Bifröst upgrades; the Apple Farm incentive program; a $1M commitment from Quantix Capital to support Tezos gaming; a partnership with renowned Museum of Moving Images; and the entrance of landmark NFT project World Of Women to the ecosystem. 

TezDev 2025 brings together builders, creators, and thought leaders shaping the future of Tezos. This year’s program features keynotes, panels, deep-dive presentations, and immersive sessions highlighting breakthroughs across DeFi, gaming, infrastructure, and digital art. 

Highlights of the 2025 edition include:

• A keynote by Arthur Breitman, co-founder of Tezos, presenting “The State of Tezos X: From Roadmap to Reality.” Arthur will outline the next phase in Tezos’ evolution, with a focus on scalability, user experience, and real-world impact. Following his keynote, Arthur will also participate in a fireside chat with a surprise guest interviewer.
• A panel on RWA tokenization, demystifying the buzz and digging into practical use cases, featuring Ben Elvidge (Head of Commercial Applications), Paul-Adrien Hyppolite (Co-Founder & CEO of Spiko), and Dennis Dinkelmeyer (Founder of Midas).
• Presentation “RISC-V and the Future of Offchain Compute” followed by Q&A by Ole Krüger (Tech Lead at Trilitech)
• A hands-on gaming showcase, including a “Game On! on Etherlink” presentation by Efe Kucuk (Head of Gaming at Trilitech) and a very special surprise guest, followed by a live gaming session.
• A deep dive into “Art on Tezos: Past, Present, Future”, with Aleksandra Artamonovskaja (Head of Art at Trilitech) and Ganbrood (artist Bas Uterijk) highlighting curation, collaboration, and innovation.
• A discussion on “Building a DeFi Ecosystem on Etherlink”, moderated by David Relkin (Head of DeFi at Nomadic Labs), and featuring speakers including Pablo Veyrat (Co-Founder & CEO of Merkl), Dmitry Kovalevskiy (Founder at Hanji), and David Ryan (DeFi Growth Hacker at Trilitech).
• Experience Art on Tezos: Discover artworks by over 30 artists in an immersive, 360° exhibition, featuring 5×5: Artists Curating Artists by Cyberforms and a curation of objkt.one releases.
• The Etherlink Hackathon 2025 session will present the first-ever Etherlink hackathon organized in partnership with Encode Club, as well as other ways for developers to start exploring building on Etherlink.
• Evening afterparty to wrap up the day with the community

TezDev is open to everyone interested in discovering the Tezos ecosystem. To register for this free event, click here: https://lu.ma/tezdev2025. 

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

Study shows that Total Value Locked (TVL) is a poor metric for building crypto portfolios and making investment decisions

SINGAPORE, June 10, 2025 /PRNewswire/ — A new study from the Algorand Foundation’s tokenomics team challenges one of the cryptocurrency sector’s most widely cited metrics: Total Value Locked. The report provides some of the strongest evidence to date that TVL, despite its prominence across dashboards, headlines, and investor materials, has no bearing on a token’s financial performance.

A recent analysis of over 300 cryptocurrencies (excluding bitcoin and stablecoins) from 2023-2024, led by Dr. Matthew Brigida, Associate Professor of Finance at SUNY Polytechnic Institute and Chief Economist at the Algorand Foundation, revealed no evidence that TVL predicts token performance.

The research team constructed weekly portfolios that ranked tokens by TVL, holding the top 25% and shorting the bottom 25%, to test whether high-minus-low TVL portfolios generated alpha. They did not.

“TVL is often used to project credibility or potential upside, but our results show it fails as an investment signal,” said Brigida. “Even after adjusting for known issues like double-counting, TVL-based portfolios didn’t deliver abnormal returns.”

TVL remains common in crypto media headlines, but it can mislead investors and analysts, according to a study. Platforms like Messari, Artemis, and Token Terminal now consider TVL a secondary metric, while Blockworks has introduced REV (Real Economic Value). Community analytics tools like Dune and L2BEAT are either decentralizing TVL interpretation or using metrics like Total Value Secured (TVS). Nansen adds context to TVL through wallet behavior and smart money flows, while Flipside Crypto emphasizes the value of high-quality users over TVL.

As crypto integrates more deeply with global finance, the Algorand Foundation encourages platforms, researchers, investors, and media to adopt metrics that reflect actual usage and economic demand. This research supports Algorand’s role in evolving the crypto market by combining academic rigor with real-time blockchain insights for data-driven innovation in Web3.

Read the full press release here. 

The full whitepaper is available here.

About Algorand Foundation

Algorand’s mission is to power a world where information has integrity and innovative ideas can scale. The Algorand Foundation supports Algorand’s rapidly growing ecosystem by providing a best-in-class developer environment, supporting key infrastructure and setting technical standards, offering comprehensive support to builders and entrepreneurs, and providing the framework for decentralized governance. To learn more, visit algorand.co.

Vilnius, Lithuania, June 10th, 2025, Chainwire

IMBX, a new global cryptocurrency exchange, has officially launched its trading platform, introducing a next-generation solution built on high-performance technology, robust security, and an intuitive user interface. The launch positions IMBX as a strong contender in the global digital asset trading space.

Industry-Leading Security Protecting Assets and Data

At the core of IMBX is a high-performance matching engine, designed to support lightning-fast order execution with low latency-even during periods of high market volatility. The infrastructure ensures smooth, uninterrupted trading for both retail and professional users.

IMBX also employs industry-leading security protocols, including multi-signature cold wallet storage, real-time threat monitoring, and advanced data encryption. The platform is fully compliant with global KYC and AML regulations, delivering both safety and transparency to users worldwide.

Next-Generation UI/UX

IMBX provides a modern, responsive user interface that caters to traders of all levels. From real-time charting and customizable layouts to a clean, mobile-optimized design, every element of the platform is built to streamline the trading experience.

Abundant Derivatives Trading and Copy Trading

Specializing in derivatives trading, IMBX offers advanced trading suites featuring USDT margin perpetual contracts and an intuitive one-click copy trading service. Users can seamlessly navigate cryptocurrency markets with the assurance of trading in USDT margins, shielded from crypto price volatility. The platform integrates tools such as TradingView, offering users access to essential technical indicators and drawing tools. IMBX’s user-friendly copy trading service welcomes both novice investors and expert traders, providing a hassle-free mechanism to amplify investments and followers. Designed for accessibility, IMBX’s copy trading feature enables users to begin with just $100 and a single click. This functionality combines ease of entry with strong earning potential through commissions.

Backed by a Global Team

Behind IMBX is a world-class team of developers, security engineers, and financial experts with deep experience across blockchain and traditional finance. The team’s commitment to building a robust, scalable, and secure platform positions IMBX as a long-term player in the global crypto ecosystem.

About IMBX

IMBX is a global cryptocurrency exchange platform that offers next-generation trading solutions for digital assets. The exchange provides a high-performance environment for spot and derivatives trading, underpinned by strong security practices and an intuitive user experience. IMBX’s mission is to leverage cutting-edge Web3 technology to make financial services more accessible and inclusive, bridging traditional finance with the innovative world of crypto. For more information, users can visit the IMBX official website or follow IMBX on X

Contact

IMBX
Business@imbx.io

Shanghai, China, June 9th, 2025, Chainwire

AixuSpeed a meme-inspired cryptocurrency developed with a focus on real-time transaction capabilities, has reported exceeding US $500,000 in pre-sale commitments within the first 72 hours of its offering. The early traction highlights the level of initial interest in the token, which combines community-driven branding with a payment infrastructure designed to support sub-second settlement times.

“People love the fun of memes but hate waiting ten minutes for a coffee on-chain,” said Sara “AiXuSpeed_” Akram, co-founder of AixuSpeed. “We built AIXU so your transaction travels faster than the joke itself.”

AixuSpeed Key Features

• Blazing Speed — Transactions confirm in under a second, unlocking in-game micro-drops, smart vending, pay-per-view, and everyday retail payments.
• Near-Zero Fees — Optimized gas architecture makes nano-payments economical, from tipping streamers to buying a single news article.
• Ironclad Security — Audited smart contracts and proven cryptography guard every wallet, every block, every time.
• Meme-Fueled Community — Viral challenges, NFT airdrops, and weekly meme contests turn holders into hype machines and reward creativity.

Early Traction & 2025 Roadmap

• $500K Pre-Sale: Oversubscribed in three days, with a billion-token hard cap and liquidity locks already audited.
• DEX Listing (Q3 2025): Tight circulating supply, transparent tokenomics, and community governance from day one.
• Speed Grants: Dedicated fund for builders integrating AIXU into games, social apps, and e-commerce.
• Cross-Chain Bridge (Q4 2025): Seamless transfers to Ethereum L2s and Solana to supercharge reach and liquidity.

Joining the Pre-Sale Today

Users can visit aixuspeed.com to participate in the allocation event. Early participants may be eligible for bonus multipliers and a limited-edition ‘Speedster’ NFT collectible.

About AiXuSpeed

AiXuSpeed is a cryptocurrency project that integrates elements of online culture, livestream dynamics, and meme aesthetics into the blockchain ecosystem. Designed to reflect the high-speed, user-driven nature of digital communities, AiXuSpeed seeks to capture the attention of participants interested in emerging internet trends.

Positioned as a community-oriented initiative, AiXuSpeed encourages participation from a diverse group of online users, ranging from casual observers to active digital creators. The project is currently in its presale phase, offering early access to those interested in engaging with the platform during its initial development stage.

By merging real-time engagement with meme-inspired themes, AiXuSpeed aims to establish a presence within the broader crypto landscape through cultural relevance and social momentum.

info@aixuspeed.com

X/Twitter: @AiXuSpeed_

Instagram : @AiXuSpeed

Contact

Dev
Samir Molaha
Aixuspeed
aixuspeed@proton.me

Sydney, Australia, June 9th, 2025, Chainwire

With the support of Galaxy Ventures and previous investment from notable industry leaders like Vitalik Buterin, RISE sets out to solve the blockchain adoption challenge with its exponentially faster blockchain technology; offering real-time performance of as low as 5ms latency and a 100k TPS target, while maintaining a decentralization-first roadmap.

RISE, a real-time blockchain scaling Ethereum with record throughput and ultra-low latency, announced a $4 million investment from Galaxy Ventures, bringing total funds raised to date to $8 million. This latest funding round will enable RISE to continue to push the boundaries of blockchain performance and develop the next generation of blockchain applications.

Offering instant transaction speeds is a key pillar of bringing more assets, enterprises, and users onchain, but building a blockchain that provides this has been difficult to date. RISE, a new blockchain built on top of Ethereum, solves this with its breakthrough transaction architecture, powered by Shreds which enable record-breaking latency as low as 5-milliseconds. This is especially significant for advanced DeFi use cases such as orderbook strategies, options, high-frequency trading, and market making. RISE launched its public testnet earlier this month, which has already undergone significant battle testing, reaching over 2 billion transactions, including over 50,000 transactions processed in a single 1-second block. This enables developers to experiment and build onchain apps that operate with a new standard of performance, introduced as “Infinite Speed”: real-time performance, decentralized.

By rethinking blockchain design from first principles, RISE addresses a fundamental tradeoff where low latency and high throughput previously required compromising decentralization. Competing blockchains often rely on centralized approaches, introducing censorship risk and single points of failure. RISE was built from day one to deliver unstoppable performance without sacrificing decentralization, enabling real-time transactions on widely accessible, standard hardware. RISE will also implement performance-compatible based sequencing to leverage Ethereum’s vast network of validators and unlock synchronous composability between Ethereum and RISE.

Key Differentiators of RISE:

• Shreds: Sub-blocktime transaction confirmations enabling as low as 5ms round-trip latency
• Scalable Throughput: Currently benchmarked at over 50,000 TPS, with plans to exceed 100,000 TPS
• Based Sequencing (Coming Soon): Unlocking a true extension of Ethereum and solving liquidity fragmentation for users
• Secured Shreds (Coming Soon): Preconfirmations economically secured by Ethereum Validators, significantly improving the security profile

“Performance is only meaningful if it lasts,” said Sam Battenally, co-founder and CEO of RISE. “RISE was built to stay fast—forever. This investment from Galaxy Ventures underscores the need for infrastructure that doesn’t just scale technically, but scales trustlessly. We’re excited to accelerate toward mainnet and bring the next generation of crypto apps into reality.”

RISE will use the funding to support product and app development in the lead-up to mainnet launch. Builders can explore the testnet now at portal.risechain.com.

“RISE is the first project we’ve seen that addresses the scalability trilemma without material security tradeoffs,” said Neil Bhuta, Investor at Galaxy Ventures. “It brings a level of speed, scalability, and decentralization that is essential to supporting a new generation of high-performance applications. We’re proud to back a talented team that is pushing the boundaries of blockchain technology.”

About RISE

RISE is a next-generation Ethereum Layer 2 blockchain redefining performance with “Infinite Speed”—delivering instant transaction confirmation at unprecedented scale, while upholding Ethereum’s core principle of decentralization. Its architecture enables as low as 5ms latency and will support over 100,000 TPS, unlocking a radically improved experience for both developers and users. Seed investors include Ethereum co-founder Vitalik Buterin and AAVE founder Stani Kulechov. For more information, users can visit https://risechain.com/.

Contact

Co-Founder and CEO
Sam Battenally
RISE Labs
sam@riselabs.xyz

Singapore, Singapore, June 9th, 2025, Chainwire

TrueNorth, led by a former chief of hybrid CeFi/DeFi exchange WOO and AI experts, raises a strategic angel round to pioneer the agentic economy.

The founders of LayerZero, SEI, Selini Capital, Virtuals, Plume, and Presto Labs have collectively backed an AI platform that uses autonomous agents and real-time data to uncover crypto opportunities. AI-focused firm TrueNorth, co-founded by former WOO COO Willy Chuang and ex-Temasek AI tech investor Alex Lee, has raised $1 million in funding to develop Crypto’s first AI-powered engine. An engine symbiotic to the users’ discovery journey from intent straight to the outcome.

TrueNorth’s agentic technology continuously scans across chains, socials, and macro and project data to surface timely, high-signal insights for every user personalized to their portfolio, trading style, and past behavior.

“We see true AI agents becoming the foundation for how people invest in crypto for the future,” said Willy Chuang and Alex Lee, co-founders of TrueNorth. “The market is only getting more complex, and our goal is to cut through the noise with a hyper-personalized engine powered by a generative user interface (known as Gen UI) that adapts to each user’s style and behavior in real-time. We’re building a system where the agnetic flow and expert distilled reinforcement learning models work quietly in the background, driving the user’s intent infinitely closer to the outcome. 

Willy Chuang, who previously led operations at the CeFi/DeFi exchange WOO, emphasized the real-world need for tools that reduce cognitive overload in fast-moving markets. “Having led crypto exchanges and worked closely with a broad range of traders and investors, I’ve seen how fragmented data and constant noise creates friction in decision-making,” said Chuang. “TrueNorth is built to simplify this, delivering personalized insights that evolve with each user so they can move faster with more confidence.”

For his part, Alex Lee, a PhD in AI, highlighted the platform’s AI-driven approach and ongoing development phase. “AI has reached a point where it can do more than just process data; it can understand context, adapt to users, and continuously improve decision-making,” said Lee. “That’s the foundation we’re building on: agentic intelligence that works behind the scenes to surface what matters most. We’re currently in closed beta, working closely with early users to refine a system that feels intuitive but is powered by serious intelligence.”

TrueNorth’s backers, Bryan Pellegrino of LayerZero, Jeff Feng of SEI, Jordi Alexander of Selini Capital, and Yongjin of Presto Labs, as well as Will Wang of Generative Ventures, share a strong belief in AI’s transformative power in crypto trading. Their interests span key themes such as interoperability, data-driven AI models, algorithmic market strategies, and innovative infrastructure development. Together, these interests reflect not only a shared belief in AI’s potential but also the same principles driving TrueNorth’s mission to simplify and personalize decision-making in decentralized markets.

TrueNorth, a platform under Singapore-registered Advent AI, is working closely with its first 500 early users, the Truthsayers, to refine agentic workflows for AI-native investing in closed beta. In the coming weeks, the team will unveil key details of its advanced architecture and agentic frameworks as it gears up for a public launch aimed at delivering smarter, hyper-personalized crypto discovery tools to a wider audience.

To learn more about TrueNorth, users can visit https://true-north.xyz/

Contact: media@adventai.io

About TrueNorth

TrueNorth is the crypto industry’s first autonomous, AI-powered discovery engine, designed to be symbiotic with the user journey, bringing intent straight to an outcome. Combining on-chain, social, and macro data, TrueNorth uses advanced agentic infrastructure to deliver real-time, tailored insights that evolve with each user’s investment journey. Founded by DeFi/CeFi and AI experts, TrueNorth aims to democratize decentralized finance by making complex crypto information accessible and actionable for investors at all levels. TrueNorth is part of Delphi Labs’ dAGI accelerator, a protocol R&D lab focused on incubating and accelerating new Web3 primitives.

Contact

PR team
media@adventai.io

DUBLIN, June 7, 2025 /PRNewswire/ — On June 7, 2025 at 14:00 (UTC+8), AB DAO announced that its native token $AB is now officially trading on Binance Alpha—Binance’s early-access, exclusive listing platform.

As a high-performance, modular heterogeneous blockchain network, the AB Core mainnet has been fully deployed, and—through the AB IoT sidechain and AB Connect cross-chain protocol—multi-chain interoperability is enabled; AB Wallet now supports BSC – AB cross-chain transactions and multi-asset management; the AB Foundation has launched global philanthropic projects, leveraging on-chain transparent donations and community governance to advance decentralized charity. This listing on Binance Alpha will offer global users more convenient and efficient asset mobility and participation opportunities.

Trading Highlights

$AB Live on Binance Alpha: Global users can deposit and trade $AB immediately, enjoying premium liquidity.

Airdrop Event: Eligible Binance users can claim 9,882 AB tokens on the Alpha Events page.

Trading Competition: Coming soon, with a prize pool of 115,000,000 $AB.

Details: See the official Binance announcement:
https://x.com/binance/status/1931229650543583317

This listing will significantly enhance $AB’s market depth and liquidity, and by leveraging Binance’s custody and risk-management framework, users will enjoy major improvements in security and trading experience.

About AB

AB is a high-performance, modular heterogeneous blockchain network whose native token $AB is deployed across chains via AB Connect, realizing the “AB Anywhere” vision. AB is dedicated to driving stablecoin issuance, building payment-network infrastructure, and facilitating decentralized philanthropy, thereby constructing an open, trusted global value infrastructure.

Website: https://ab.org
Global Community: https://www.ab.org/community

Dublin, Ireland, June 7th, 2025, Chainwire

AB DAO announced that its native token $AB officially began trading on Binance Alpha—Binance’s early-access, exclusive listing platform. What strategic considerations led AB to choose Alpha, and what role does this phase play in the “AB Anywhere” cross-chain asset vision? This report delves into the AB team’s rationale and plans. Users can refer to the official Binance announcement: https://x.com/binance/status/1931229650543583317)

Putting Technology and Liquidity to the Test on Alpha

For any emerging blockchain network, a first exchange listing is a comprehensive trial of both technology and operations. Although the AB team has conducted multiple internal and third-party security audits on AB Core and the AB Connect cross-chain protocol, real-world user environments often hide unforeseen risks. By listing on Binance Alpha—where contracts undergo Binance’s rigorous security review—the team can identify on-chain performance bottlenecks and deploy optimizations rapidly. Alpha’s user base is targeted and highly active, with a penchant for exploring new projects. By observing their trading behavior and cross-chain experiences in real time, the AB team can make iterative improvements and preempt potential issues.

Partnering with Binance to Elevate AB’s Global Influence

As a leading exchange, Binance boasts hundreds of millions of users and a mature risk-management system. Early collaboration with Binance allows AB to secure concentrated, high-quality media coverage and community attention during the Alpha phase.

High-performance modular network: AB Core mainnet is live, supported by AB IoT sidechain and the AB Connect protocol for seamless cross-chain interoperability.

Multi-chain wallet: AB Wallet already supports BSC️AB transactions and multi-asset management.

Global, multi-language community: AB’s English, Chinese, Japanese, Korean, Thai, Indonesian, and Vietnamese communities exceed ten million users.

Decentralized philanthropy: The AB Foundation’s global charity initiatives have earned Binance’s endorsement, further boosting AB’s brand reputation.

Refinement through Diverse, International Feedback

From the outset, AB has pursued a global mindset. Following the Alpha listing, regional communities sprang into action, providing diverse feedback that has been instrumental in data-driven product improvements—especially for AB Wallet. Next, the team will launch a small-scale on-chain governance trial on the testnet, inviting early token holders to vote on a minor charity donation proposal. This exercise, now successfully completed, lays the groundwork for future governance and strengthens community trust.

Future Outlook: Becoming the Ubiquitous Cross-Chain Asset

With Alpha behind it, AB’s roadmap is clear:

Technical expansion: In H2 2025, complete bilateral integrations with additional blockchain ecosystems to extend the “AB Anywhere” footprint, while employing strategies to reduce cross-chain transfer costs and boost capital efficiency.

Governance enhancements: Building on the pilot proposal, AB DAO will refine its proposal and voting workflows. The AB Foundation will enhance on-chain mechanisms to sustain donor confidence in transparency and impact.

Having amassed technical and operational know-how in the first half of the year, the AB team is poised to enter the global mainstream market with maturity. AB will soon fulfill its vision as the truly “ubiquitous cross-chain asset.”

About AB

AB is a high-performance, modular, heterogeneous blockchain network. Its native token $AB is deployed across chains via AB Connect, realizing the “AB Anywhere” concept. AB focuses on driving stablecoin issuance, payment network infrastructure, and decentralized philanthropy—building an open, trusted global value infrastructure.

Website: https://ab.org

Global Community: https://www.ab.org/community

Contact

AB DAO
contact@ab.org