George Town, Cayman Islands, May 12th, 2025, Chainwire
At its Sonic Summit in Vienna from May 6–8, Sonic Labs announced the completion of a $10 million strategic sale of its S token to Galaxy, a global leader in digital assets and data center infrastructure.
This investment strengthens Sonic Labs’s position in the U.S. market and provides critical support for its decentralized finance (DeFi) ecosystem development.
Strategic Partnership
The strategic investment from Galaxy represents a significant milestone for Sonic Labs as it continues to expand globally. The partnership is expected to accelerate Sonic Labs’s market penetration in the United States while enhancing its DeFi offerings in the region.
The alliance comes at a pivotal moment for the blockchain industry as institutional adoption continues to accelerate. By leveraging Galaxy’s extensive network of over 1,300 institutional trading counterparties, Sonic Labs aims to bridge the gap between traditional finance and its high-performance blockchain infrastructure.
“Having Galaxy as a strategic investor brings tremendous value beyond capital. They have many connections and insights across the U.S. and Asia markets that will be very beneficial to the Sonic ecosystem.” — Michael Kong, CEO, Sonic Labs
Market Impact
The partnership is expected to have significant implications for the broader DeFi ecosystem. As institutions increasingly seek blockchain infrastructure that can handle enterprise-level demands, Sonic Labs’s high-performance EVM compatibility offers a compelling solution.
Furthermore, the partnership signals growing institutional confidence in blockchain’s ability to transform financial infrastructure while maintaining the security and reliability standards expected in regulated markets.
About Galaxy
Galaxy (TSX: GLXY) is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. Its digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology.
In addition, it invests in and operates cutting-edge data center infrastructure to power AI and high-performance computing, meeting the growing demand for scalable energy and compute solutions in the U.S. The company is headquartered in New York City, with offices across North America, Europe, the Middle East and Asia. Additional information about Galaxy’s businesses and products is available on www.galaxy.com.
About Sonic Labs
Sonic is the highest-performing EVM blockchain, combining speed, incentives, and world-class infrastructure for DeFi, powered by the S token.
Contact
Sonic Labs
press@soniclabs.com
Hong Kong, Hong Kong, May 9th, 2025, Chainwire
Launching Summer 2025, T-Rex’s built-in distribution engine introduces a radically simple idea: rewarding people seamlessly for doing what they already love online.
T-Rex, a purpose-built blockchain for entertainment, content, and cultural virality, today announced a $17 million fundraise and Incubation Fund to revolutionize online content publishing by seamlessly rewarding consumers for everyday interactions on social platforms such as YouTube, TikTok, or X (formerly Twitter) and reshape how consumer-facing decentralized applications (dApps) are discovered, published, distributed and scaled across Web3.
Backed by strategic investors including Portal Ventures, North Island Ventures, Framework Ventures, Arbitrum Gaming Ventures, ArkStream Capital, Mindfulness Capital, Hypersphere, SNZ, and Arche Fund, and developed by EVG, Asia’s prominent product builder and publisher, known for driving mass adoption, T-Rex directly addresses the critical “ghost town” and “mercenary users” challenges in blockchain.
“Arbitrum Gaming Ventures recognizes the transformative potential of platforms like T-Rex that are expanding Web3 beyond DeFi. EVG’s strong regional influence and deep understanding of the Southeast Asian market, projected to reach $7 billion by 2028, provide a strategic gateway for us to significantly scale our footprint within this high-growth region. Combining our robust scaling capabilities with EVG’s extensive ecosystem expertise, we are strategically positioned to penetrate the entertainment industry and broader consumer market in a pivotal and rapidly expanding part of the world,” said Dan Peng, Partner at Arbitrum Gaming Ventures.
T-Rex leverages Arbitrum’s powerful Layer-2 scaling solution, delivering ultra-fast, secure, and low-cost transactions essential for consumer-scale adoption. Arbitrum Gaming Ventures has specifically identified T-Rex as key to its regional growth strategy.
T-Rex: A New Kind of Blockchain for the Culture-First Internet
(UI screenshot: A user earning rewards while browsing YouTube with T-Rex’s browser extension.)
While Web3 holds the promise of revolutionary change, the current landscape is fragmented, user-unfriendly and often empty with underutilized dApps. Despite all its innovation, most chains lack real users, real culture, and real reasons to stay. T-Rex flips the model with its simple first principle: stop trying to reinvent user habits and instead enhance them invisibly. Its core innovation, Proof-of-Engagement (PoE) mechanism, automatically rewards users on apps they already use daily through a privacy-preserving browser extension, turning everyday online actions like watching videos, liking posts, and sharing memes into tangible, valuable digital ownership and offline perks.
“Instead of building another blockchain pipe, we’re delivering actual water: engaging content, thriving communities, real-world rewards”, said Allen Ng, Co-Founder of T-Rex and EVG. “Users shouldn’t have to think about crypto until they want to. Our blockchain stays invisible, letting them effortlessly turn their online fun into meaningful rewards. Our vision is to let attention becomes equity, community becomes power and participation becomes currency.”
Radical Simplicity: Web3 That Feels Like TikTok, Not A Crypto Wallet
(UI screenshot: Home Discovery pushing relevant content and dApps to user.)
At launch, users simply install T-Rex’s browser extension and continue browsing popular social media platforms. Every interaction is quietly, securely recorded via advanced zero-knowledge tech (zkTLS), and seamlessly turned into rewards, with no wallet or tech jargon required.
Creators and projects benefit from instant audience discovery and viral distribution, while end users earn rewards effortlessly, redeemable both digitally and offline, such as cash back at favorite restaurants or exclusive local deals.
“The next wave of breakout applications will be defined by distribution, UI / UX, and product differentiation. The team at T-Rex gets this. They’re building a protocol that seamlessly onboards social media users and allows them to monetize their data through network rewards. We’re excited to back T-Rex as they merge protocol-native network design with clean consumer product expertise,” said Evan Fisher, Founder and General Partner of Portal Ventures.
“Web3 infrastructure has matured, but it still lacks consumer momentum because only a few use cases resonate with the masses. T-Rex is a strong contender to bridge this gap. By prioritizing culture and abstracting complexity, it offers a path to broad adoption,” said Travis Scher Managing Partner and Co-founder of North Island Ventures.
Incubating the New Digital Metropolis
The $8 million Incubation Fund backed by EVG with support from the Arbitrum Gaming Ventures will accelerate ecosystem growth, offering comprehensive developer support beyond capital, including engineering resources, media partnerships, community activations, premium events, Key Opinion Leader (KOL) networks, and strategic Intellectual Property (IP) applications.
“We provide real firepower, not just capital”, Joyce Yim, Co-founder of T-Rex emphasised. “Developers gain immediate user traffic, creators grow loyal audiences effortlessly, and users become not just spectators, but stakeholders in the success of viral content.”
Set to launch in Summer 2025, T-Rex’s distribution layer and browser extension create the railroads linking popular online consumer applications such as gaming, music, interactive media, and Web3. From creators rewarding top users with digital assets, to new projects gaining instant discovery, to active users earning a stake, T-Rex’s ecosystem is designed for intuitive use, cultural resonance, and economic empowerment at scale.
About T-Rex
T-Rex is a new blockchain ecosystem purpose-built for consumer-facing applications, designed to transform the Web3 attention layer through its innovative Proof of Engagement (PoE) mechanism.
Developed by EVG and backed by leading investors including Arbitrum Gaming Ventures, Framework Ventures, North Island Ventures, and Portal Ventures, T-Rex offers creators and developers a UX-first infrastructure with built-in discovery, rewards, and distribution, enabling the next billion users to engage, earn, and build on-chain.
Website: https://trex.xyz/
Twitter: https://x.com/TREX_chain
About EVG
Founded in 2018, EVG is one of APAC’s largest and most active Web3 product builders and publishers. With 200+ engineers and 10+ millions of users, EVG has built a complex of innovative products across consumer infrastructures (e.g Edgen AI, T-Rex), entertainment / culture dApps (e.g Deek, Last Odyssey, LiveArt), and fintech platforms (e.g Aspen Digital).
EVG’s corporate venture arm also owns strategic stakes across 100+ Web3 companies including the likes of Celestia, Wormhole, Berachain, Pudgy Penguins, Abstract, Infinex, Dapper Labs, Animoca Brands, The Sandbox, Stacks, Immutable, Kraken and Dunamu.
Website: https://www.evg.co/
Twitter: https://twitter.com/EVGHQ/
Media Contact: marketing@trex.xyz
Contact
PR Manager
Kelvin Yeo
Everest Ventures Group
marketing@trex.xyz
San Francisco, California, May 8th, 2025, Chainwire
Microsoft-backed Space and Time is the blockchain for ZK-proven data.
Space and Time, the Microsoft-backed blockchain for zero-knowledge (ZK)-proven data, is live on its public, permissionless mainnet.
Space and Time is designed to deliver ZK-proven data to smart contracts to power a new generation of data-driven crypto applications. It indexes data from other major blockchains, including Ethereum, and stores it across a decentralized network of database validators. Developers can access, query ZK-prove and connect this data back to their smart contract using Proof of SQL, Space and Time’s sub-second ZK coprocessor for SQL database queries.
“Prior to Space and Time, onchain applications had no way to query basic user data from a database of blockchain activity without introducing security risks and tampering. In addition, enterprises had no way to securely connect their cloud databases with smart contracts. Today we’re thrilled to announce the mainnet launch of Space and Time, which will empower developers to build sophisticated, data-driven onchain applications secured by cryptographic proofs,” said Scott Dykstra, Contributor #001 at Space and Time.
Smart contracts today can’t natively access historical, cross-chain or offchain data, which limits the complexity of onchain apps. The next wave of onchain innovation—spanning everything from dynamic financial instruments to data-rich AI agents and tokenized real-world systems—will require a trustless database layer for complex data retrieval. Space and Time enables this with a verifiable, decentralized database network that gives smart contracts the ability to query the full history of Ethereum and beyond.
Space and Time was created by MakeInfinite Labs, a frontier protocol research lab that is backed by Microsoft and working alongside major financial institutions. In addition to its work on Space and Time, the firm has developed key technologies to the broader crypto ecosystem, such as Proof of SQL, Blitzar, an Elastic Network ZK Chain for Space and Time, and Chainlink DeFi Yield Index.
“At MakeInfinite Labs, we’re focused on building foundational infrastructure to enable the next generation of crypto applications. Contributing core technologies like Proof of SQL and the original architecture of Space and Time is part of that vision. We’re excited to see the ecosystem take this work forward and unlock new possibilities for verifiable, data-driven applications,” said Nate Holiday, CEO of MakeInfinite Labs & Co-Founder of Space and Time.
Space and Time is secured by a decentralized set of validators, and anyone can contribute to the network by providing high-quality datasets, staking or running a validator node.
About Space and Time
Space and Time is the blockchain for ZK-proven data, which enables smart contracts to trustlessly access and compute over data from any chain or source. Powered by Proof of SQL, a sub-second ZK coprocessor, Space and Time empowers developers to build more intelligent, data-rich applications with verifiable data.
For more information, visit: Website | X | Discord | Telegram | LinkedIn | YouTube
For media inquiries, please contact: marketing@spaceandtime.io
About MakeInfinite Labs
MakeInfinite Labs is a frontier protocol research lab contributing to some of the most prominent protocols and ecosystems across crypto, including the creation of Space and Time. MakeInfinite Labs raised $50 million from Microsoft’s M12 Ventures and other leading investors to build the infrastructure that enables developers and creators to build data-driven applications, tokenize and monetize and win in the AI economy.
For more information, visit: Website | X | LinkedIn
For media inquiries, please contact: marketing@makeinfinite.com
Contact
Catherine Daly
marketing@spaceandtime.io
Panama City, Panama, May 8th, 2025, Chainwire
Flipster, one of the world’s fastest-growing cryptocurrency derivatives trading platforms, today announced an exclusive partnership with TALON, one of Asia’s premier competitive gaming organizations, competing in 10 major titles — including Dota 2, League of Legends, and Valorant — across seven countries.
As part of the collaboration, TALON’s Dota 2 team will officially compete under the name Flipster Talon, with Flipster securing naming rights for the team for the next year.
This milestone also establishes Flipster as the Official Crypto Exchange Partner of TALON, marking the platform’s debut in the rapidly expanding global esports space. These initiatives aim to bridge the energy of esports with the empowerment of digital assets, fostering education, interactivity, and inclusive participation across both worlds.
“Esports is one of the most exciting frontiers for Web3 culture to thrive,” said Youngsun Shin, Head of Product and Partnerships at Flipster. “Through Flipster Talon, we’re championing a new kind of connection with a digital-native generation that values openness, creativity, and inclusion — the same values that underpin crypto.”
Beginning with TALON’s Dota 2 roster, Flipster and TALON will roll out a series of co-created content, campaign drops, and digital fan activations aimed at deepening fan engagement and making crypto more approachable.
“Flipster’s partnership with TALON is grounded in a shared commitment to access and inclusion,” Youngsun added. “By focusing on free-to-play titles and a player-first approach, Flipster supports the gaming community across the spectrum — from casual fans to pro athletes — much like it empowers both beginner and experienced traders through its platform.”
“We’re thrilled to welcome Flipster to the TALON family,” said Sean Zhang, CEO of TALON. “As innovators in their field, Flipster shares our drive to push boundaries and create richer fan experiences. Together, we’re exploring exciting new ways to bring gaming and crypto culture together.”
Since its founding in 2021, Flipster has grown rapidly, now serving over one million users across nearly 200 countries. With institutional-grade infrastructure and a community-first mindset, Flipster is on a mission to make crypto trading more accessible, rewarding, and fun.
The full Flipster Talon rollout is set for June, including player signings, co-branded content, and a launch video to mark the partnership’s debut.
About Flipster
Flipster is a global cryptocurrency trading platform that delivers fast, secure, and intuitive access to digital assets. Offering over 350 trading pairs across spot and futures markets—with up to 100x leverage and zero trading fees—Flipster equips traders with the tools to execute strategies efficiently.
Beyond trading, Flipster provides users with access to capital-efficient opportunities, including earning programs, and token airdrops. Built on a foundation of security, transparency, and user-first innovation, Flipster aims to offer a seamless trading experience for users engaging with digital assets in dynamic market conditions.
Over the past year, Flipster has experienced rapid growth, with trading volume surging by 856% and total user assets on the platform increasing by more than 6,000%, solidifying its position as a leading derivatives exchange.
To learn more, users can visit flipster.io or follow X.
About TALON
TALON is a leading esports and entertainment organization headquartered in Hong Kong, with competitive teams and operations across Asia. TALON is known for its dominance in titles such as League of Legends, Dota 2, Arena of Valor, and more, as well as its growing content platform and lifestyle-driven brand collaborations.
Contact
Flipster
pr@flipster.io
Dubai, UAE, May 7th, 2025, Chainwire
In the aftermath of the largest hack in crypto history, Bybit has emerged as a case study in market resilience, transparency, and user trust. A new independent report by Kaiko, a leading provider of institutional-grade crypto market data, reveals that Bybit’s liquidity rebounded to pre-incident levels within just 30 days—a feat unmatched by industry peers following similar crises.
On February 21, 2025, Bybit was the target of a coordinated cyberattack resulting in $1.5 billion in unauthorized withdrawals. While the incident sent shockwaves through the global crypto ecosystem, Bybit’s swift response and robust infrastructure ensured trading remained uninterrupted. In the weeks that followed, the platform’s liquidity, trading depth, and user confidence bounced back with remarkable speed.
A 30-Day Turnaround Led by Market Structure Innovation
According to Kaiko’s analysis, Bybit’s Bitcoin liquidity—measured by the 1% market depth—reached an average of $13 million per day by the end of Q1 2025, matching pre-hack levels. Liquidity recovered across all order book tiers, from 0.1% to 8% of the mid-price, underscoring deep institutional participation.
A key contributor to this recovery was the timely launch of Retail Price Improvement (RPI) orders on February 20, just one day before the attack. These orders, exclusive to manual traders on Bybit’s interface and inaccessible via API, are placed by institutional market makers to enhance pricing conditions for retail participants. In the volatile days post-incident, RPI orders helped stabilize trading, tighten spreads, and protect manual users from predatory algorithmic behavior.
Altcoin Market Strength and Narrowing Spreads
Liquidity recovery wasn’t limited to Bitcoin. Over 80% of pre-hack market depth for the top 30 altcoins by market cap was restored by March. Spreads across major tokens—including high-volatility assets like DOGE and XRP—tightened significantly, indicating improved execution costs and renewed market maker confidence.
Bid-ask spread volatility, a key indicator of market stress, also declined throughout March, signaling improved order book stability and increased participation from liquidity providers.
Volumes Recover Faster Than in Previous Crises
While broader market sentiment remained cautious amid macroeconomic uncertainty, Bybit’s trading volumes rebounded faster than after comparable shocks such as the 2016 Bitfinex hack or the 2023 Binance.US SEC case.
Kaiko’s data shows that hourly trading volume on Bybit briefly spiked to $1.2 billion immediately following the incident. Although volumes dipped in line with weekend trends, they have since normalized and begun climbing steadily—highlighting strong user retention and a growing sense of trust in Bybit’s market resilience.
Transparency as a Differentiator
One of the standout takeaways from the Kaiko report is Bybit’s transparency throughout the recovery process. While other platforms in similar situations have suffered prolonged liquidity deterioration, Bybit’s open communication and proactive market structure improvements helped it regain trust and stabilize conditions faster than the industry norm.
As the crypto market matures, exchanges are increasingly measured not only by performance during booms, but by how they respond to adversity. Bybit’s rapid liquidity rebound and commitment to user-centric innovation set a new benchmark for operational resilience in the industry.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | YouTube
Contact
Head of PR
Tony Au
Bybit
media@bybit.com
Leadership transition and new organizational structure reinforce commitment to core technology and enhanced governance
SAN FRANCISCO, May 7, 2025 /PRNewswire/ — Movement Labs, a Web3 company and core contributor of the Movement Network, today announced the establishment of Move Industries by two Movement employees. The newly formed Move Industries has been established to ensure a more simplified and focused operational structure, including new executive leadership.
Torab Torabi, a founding member of Move Industries, will lead the company as CEO. In addition, Will Gaines will serve as President and Chief Marketing Officer and Young Yang Liauw will continue overseeing engineering. Mr. Liauw brings significant blockchain engineering expertise from his time at Aptos as Head of Move along with positions at Novi and Meta, where he worked on the Libra team.
Move Industries is committed to maintaining Movement’s position as a leading Move-based blockchain ecosystem. Move Industries’ three core pillars are Community/Brand, Engineering/Product, and Ecosystem/Business Development. The new endeavor will operate with enhanced accountability measures, providing a stronger foundation for the Movement ecosystem’s future growth and success.
“Today marks the beginning of an exciting new chapter for the Movement,” said Torabi. “We are putting in place the structures needed for our company to thrive, which includes a full commitment to our ecosystem builders and community. They are at the heart of everything we do. Our team remains heads down, improving chain performance, increasing economic activity on-chain, and supporting the incredible projects being built on the Movement Network. We will continue full steam ahead to fulfill our promises.”
Movement Labs has also terminated Co-Founder Rushi Manche.
Additionally, Co-Founder Cooper Scanlon is voluntarily passing the torch to Torab Torabi, to lead Move Industries.
“It has been an incredible journey bringing the Movement vision to life and I’m immensely proud of what we’ve built together,” said Scanlon. “Torab has been instrumental to Movement’s development from the beginning, and I have complete confidence in his leadership abilities and vision for the future. I will continue to support the Movement and advocate as the team writes this next chapter.”
Move Industries will operate under improved governance, including expanded board oversight and transparent decision-making processes.
“The Movement community has stood with us through both triumph and challenge,” said Gaines. “With Move Industries, we’re returning to our founding principles: self-sovereignty, creativity, and systems that serve people. This next chapter will ensure we continue building world-class infrastructure, world-class businesses and a world-class movement.”
About Move Industries
Move Industries is building a community-first Move-based blockchain ecosystem. Led by a team of industry veterans, Move Industries maintains a dual focus on technology and community. The organization intends to return to crypto’s radical roots: giving financial power and opportunity back to the people.
Dubai, UAE, May 7th, 2025, Chainwire
ProMeet, the blockchain-powered platform transforming how creators monetize through live streaming and video sessions, announced the launch of its ProMeet Ambassador Program. This new initiative empowers influencers, community leaders, and advocates of creator independence to earn recurring rewards in USDC by introducing new creators to the ProMeet ecosystem.
With the launch of the Promeeters Program, ProMeet is extending its mission beyond creators, inviting supporters, influencers, and communities to help reshape the digital content landscape and earn up to 50% of platform fees for each referral.
The creator economy is thriving, with an estimated global value exceeding $250 billion, but many creators still face outdated tools, high platform fees, and limited earning models. ProMeet addresses these challenges by offering creators an all-in-one platform for live sessions, global payments, and direct monetization, with instant payouts and a transparent 10% fee.
Turning Influence into Impact: Becoming a ProMeeter
The ProMeet Program enables anyone with a network of creators to earn lifetime commissions through referrals, whether in coaching, content creation, streaming, or online education. Each Promeeter receives a unique referral link to track and monetize their outreach. When a referred creator joins and begins using ProMeet, the referrer can earn a percentage of the platform fees generated by that creator.
“We built ProMeet for creators—but we’re growing it with the people who believe in creator autonomy,” said Jonathan Azeroual, CEO of ProMeet. “This program allows ambassadors to play an active role in reshaping monetization models and get rewarded for it.”
How the ProMeeters Program Works
Step 1: Applicants can click the link to apply
Step 2: They sign in and generate a unique referral link
Step 3: The link is shared across their channels and network
Step 4: Commissions in USDC are earned instantly each time referred creators earn through ProMeet
About Promeet
ProMeet is a platform that helps creators monetize their videos, images, live streams, and meetings. By combining the capabilities of YouTube, Zoom, and Twitch into a single, easy-to-use platform, Promeet enables creators to earn revenue seamlessly with no barriers. Powered by Web3 technology, Promeet ensures fast and secure payments, allowing creators to get paid immediately for their work via USDC.
For more information, users can visit www.promeet.live
Twitter: @ProMeet_Live
TikTok: promeet.live
Contact
Noa Gurovich
ProMeet
noa@promeet.live
Zug, Switzerland, May 6th, 2025, Chainwire
The Casper Association is proud to announce that Casper 2.0 went live on the mainnet on May 6, 2025, a major milestone that marks the network’s evolution into a platform purpose-built for real-world assets.
Casper 2.0 bridges crypto-native innovation with enterprise-grade infrastructure, advancing a vision where blockchain doesn’t exist in isolation, but powers real economies and everyday applications, not just itself.
With this upgrade, Casper moves beyond siloed ecosystems, offering a developer- and business-friendly environment ready to support the next wave of tokenized assets, on-chain finance, and real-world adoption.
“Casper 2.0 is more than a milestone, it’s a launchpad for real-world blockchain adoption,” said Matt Schaffnit, CEO & Board Director of the Casper Association. “With instant, deterministic finality, native upgradability, and built-in access control, we’re enabling a new generation of applications that secure identity, ownership, and value across industries. I’m especially excited by the growing momentum around real-world use cases now possible on Casper 2.0.”
The next wave of industry expansion depends on real-world utility with systems that secure ownership, support compliance, and integrate with economies beyond Web3. Casper 2.0 delivers on that promise with foundational improvements that make it one of the most complete and adaptable blockchains for tokenizing, transacting, and governing real-world assets and processes on-chain:
A new deterministic consensus protocol, Zug brings instant finality to Casper, ensuring that ownership transitions for assets such as real estate, commodities, and tokenized instruments are not only immediate and irreversible, but also leave a clear, tamper–proof audit trail.
Natively Secured Upgradable Smart Contracts
Real-world systems demand precise control, accountability, and compliance. Casper 2.0 delivers. With natively upgradable contracts, built-in multi-signature support and fine-grained permissions, developers can design workflows that are both auditable and compliant by default. Every party in an asset transaction, from buyer, and seller to broker, escrow agent, and auditor, is restricted to only the specific functionality they’re authorized to access, mirroring the security and role-based access controls of traditional systems.
Casper 2.0 meets builders where they are, empowering millions of software developers to build on-chain using familiar languages and modern design patterns, without the steep learning curves and constraints typical of Web3 development.
Beyond its core innovations, Casper 2.0 introduces critical infrastructure enhancements, including support for multiple virtual machines, expanding the network’s capacity to support complex, real-world applications.
Casper 2.0 also unlocks a powerful set of capabilities that redefine and expand what developers can build and what users can expect on-chain. Smart contracts can now integrate rewards and yield directly into their logic through natively secured liquid staking, leverage zero-knowledge hashing algorithms to enable privacy-preserving identity and compliance solutions, and utilize a native token burning mechanism to implement new supply-control strategies.
“Casper 2.0 is the result of a simple and powerful idea: that blockchain should support the same kinds of assets, rules, and processes that exist in the real world,” said Michael Steuer, CTO & President of the Board of the Casper Association. “By design, Casper 2.0 enables real-world asset transactions to settle instantly, businesses to implement access controls that mirror reality, and applications to seamlessly upgrade as regulations evolve. Casper 2.0 allows developers to focus on building applications, not engineering around limitations.”
Additionally, the Casper 2.0 upgrade underwent a rigorous, independent audit by Halborn Security, ensuring its codebase aligns with top-tier industry standards and reinforcing trust in its secure, enterprise-ready foundation.
More information on Casper 2.0, including documentation, development tools, and an overview of the network’s new capabilities, is available at casper.network.
About Casper Network
Casper Network (CSPR) is a decentralized, layer 1 Proof-of-Stake blockchain designed for the real-world economy. It empowers people to openly benefit from who they are, what they do, and what they own, across borders, businesses, and communities, both within and beyond Web3.
With instant finality, upgradeable smart contracts, enterprise-grade security, and flexible permissioning, Casper’s infrastructure supports the secure tokenization, management, and exchange of assets and sensitive data across both public and private environments.
The Casper Association, a non-profit organization based in Switzerland, promotes the decentralized development and adoption of the Casper protocol, network, and ecosystem.
Learn more about Casper Network at https://casper.network.
Contact the Casper Association at press@casper.network.
Press and Media Usage: https://www.casper.network/press-and-media .
Contact
Marketing & Communications
Ronan Breen
Casper Association
press@casper.network
New York, USA, May 6th, 2025, Chainwire
Permanent cloud network AR.IO onramps credit cards for its leading domain name and web-hosting service, ArNS, on the Arweave blockchain
AR.IO, the world’s first permanent cloud network built on the Arweave blockchain, has launched new fiat capability for purchases of its leading domain name service, ArNS, which offers easy access to web3 applications and permanent website hosting.
Traditional domain name platforms require ongoing subscription renewals and rely on centralized infrastructure. ArNS, however, is supported by AR.IO’s network of 400+ gateways, making it decentralized and globally accessible. Users also have the option to buy a permanent domain name that never expires, nor does any data attached to it.
AR.IO users have long been able to buy credits for uploads to the network with fiat, $AR, $MATIC, $SOL, $ETH, and $ETH on Base. But starting today, they can use a simple credit card to purchase credits in a one-time transaction. This is made possible through AR.IO’s “Turbo” – an open-source bundler for the Arweave ecosystem that also bridges fiat to crypto.
Commenting on the launch of ArNS’s new credit-card capability, Phil Mataras, founder and CEO of AR.IO, says, “With ArNS and its permanent purchase option, you will never, ever, lose access to your domain name or your website because you forgot to pay a subscription or the chain or provider removed or lost your data. This is a unique feature that sets us apart from any other DNS provider out there – and this couldn’t come at a better time as we see online information being deleted and manipulated at a rapid pace.”
More than simply pointing to data, ArNS domains are programmable smart contracts designed to trigger integrations, on-chain logic, and automations. With every name, users can permanently host apps, websites, and data via Arweave. This decentralized storage solution provides an alternative to centralized services that protects users from outages due to missed payments or provider issues.
Creating a new standard for digital identities, ArNS doesn’t just replace traditional DNS, it reinvents it for a sovereign, decentralized global internet.
About AR.IO
AR.IO is the first permanent cloud network, providing decentralized, censorship-resistant access to data, storage, and domains. Built on Arweave, AR.IO ensures information and applications remain universally accessible, tamper-proof, and free from centralized control. Its incentivized gateway network enhances reliability, while self-sovereign, permanent domains eliminate renewals and offer true digital ownership. AR.IO envisions an internet that is resilient, equitable, and neutral, where businesses, creators, individuals, and society as a whole are empowered to thrive.
To learn more about AR.IO, users can visit https://ar.io/ and follow @ar_io_network on X
About ArNS
ArNS (Arweave Name System) is a decentralized, permanent, smart domain name system built on the Arweave blockchain and powered by the AR.IO network. ArNS stands apart from other web2 and web3 name systems through its flexible options to lease or permanently purchase without renewals or subscriptions. With ArNS, users can permissionlessly publish websites, point to data, apps, or identities for uninterrupted access via a censorship-resistant, globally distributed gateway network. All entries are stored permanently and immutably on-chain, ensuring trustless, verifiable, and tamper-proof naming for a truly sovereign web.
Contact
Rebecca Jones
Block3 PR
rebecca@block3.pr
Dubai, UAE, May 6th, 2025, Chainwire
MultiBank Group, the world’s largest financial derivatives institution, has signed a historic $3 billion tokenization agreement MAG Lifestyle Development, the leading real estate developer in the UAE, and Mavryk, a leading blockchain innovator, marking the largest real-world asset (RWA) tokenization initiative globally to date. The initiative highlights the imminent launch of $MBG, the utility token at the core of MultiBank’s next-generation digital finance ecosystem.
The partnership will bring MAG’s high-value real estate developments — The Ritz-Carlton Residences, Dubai, Creekside, which is part of the Keturah Resort, and Keturah Reserve — onto the blockchain, making them available to global investors via MultiBank.io’s fully regulated RWA marketplace. Once launched, holders of the RWA assets will be able to earn yield distributed daily on the MultiBank.io platform.
The $MBG token will power access, staking, fee payments, and platform engagement, positioning it as the infrastructure layer behind institutional-grade digital asset offerings.
As part of the agreement, MAG will provide its premium real estate inventory for tokenization, while Mavryk will deliver the blockchain infrastructure to support on-chain asset issuance and DeFi integrations. MultiBank Group will oversee regulatory compliance, secondary market liquidity, and platform governance — all reinforced by the $MBG token’s multi-layered utility.
“This isn’t just a real estate deal — it is a flagship use case for the $MBG token. By enabling seamless access to $3B in tokenized property, MultiBank becomes the bridge between regulated finance and next-generation investment infrastructure. This is how we make Web3 real.” said Zak Taher, Founder and CEO of MultiBank.io.
Talal Al Gaddah, Senior Executive Vice Chairman of MAG, said: “At MAG, we have always been driven by excellence and a passion for shaping the property landscape of tomorrow. Partnering with MultiBank Group marks a milestone in broadening access to high-value developments and unlocking liquidity via blockchain, while preserving uncompromising standards of transparency and stakeholder protection.”
Alex Davis, Founder and CEO of Mavryk, commented “This collaboration represents a paradigm shift in how real-world assets are accessed and traded. By leveraging our advanced tokenization and DeFi infrastructure, we are transforming landmark developments into borderless, liquid investment opportunities. Together with MAG and MultiBank Group, we are laying the technological foundation for a transparent, scalable future where institutional-grade assets are available at the click of a button.”
With a buyback-and-burn model tied to platform revenues and staking rewards designed to incentivize long-term engagement, MultiBank Group provides tangible value for both retail and institutional users. From discounted fees and VIP tiers to launchpad access and real-world asset exposure, the $MBG token is engineered to reward participation and drive ecosystem demand.
The initial tokenization of $3 billion is just the beginning. The platform is built to scale up to $10 billion in assets, setting the stage for a new era of programmable ownership and compliant digital investing — with $MBG at its foundation
Legal Disclaimer
The Ritz-Carlton Residences, Dubai, Creekside, are not owned, developed, or sold by The Ritz-Carlton Hotel Company, LLC or its affiliates (“Ritz-Carlton”). MAG of Life FZ-LLC uses The Ritz-Carlton marks under a license from Ritz-Carlton, which has not confirmed the accuracy of any of the statements or representations made herein.
About MAG
MAG, is the real estate development arm of MAG Group – a multinational conglomerate based in the UAE, with a 46-year-old legacy. MAG was established in 2003 and its current real estate portfolio ranges from iconic residential towers and communities to ultra luxury developments that incorporate Bio Living and wellness-focused concepts, which are considered firsts in the region. With a commitment to excellence, MAG continues to shape the future of urban living, delivering transformative projects that enhance lifestyles and communities.
About MultiBank Group
MultiBank Group, established in California, USA in 2005, is a global leader in financial derivatives, serving over 2 million clients across 100 countries, and boasts a trading volume that exceeds $35 billion per day during the first 4 days in April 2025. Renowned for its innovative trading solutions, robust regulatory compliance, and exceptional customer service, the Group offers an array of brokerage services and asset management solutions. It is regulated across five continents by 17 of the most reputable financial authorities globally. The Group’s award-winning trading platforms offer up to 500:1 leverage on a diverse range of products, including Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies. MultiBank Group has received over 70 financial awards recognizing its trading excellence and regulatory compliance. For more information, users can visit MultiBank Group’s website.
About Mavryk
Mavryk is the Layer-1 blockchain designed to revolutionize asset ownership and nurture the RWA community, building the tokenization of assets for tomorrow. By leveraging RWA tokenization, DeFi applications, and robust infrastructure, Mavryk aims to transform how individuals interact with and leverage tokenized assets. Our vision is to create an interconnected network economy through the seamless integration of RA with DeFi.
Contact
Nasser Saimeh
nasser@cbpr.me