chainwire

DeepSnitch Introduces Five Specialized AI Agents as Token Presale Goes Live

Singapore, Singapore, July 29th, 2025, Chainwire

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

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

DeepSnitch AI Introduces Automated Intelligence Tools to Support Informed Trading Decisions

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

About DeepSnitch AI

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

Contact

PR
Daniel
deepsnitch.ai
[email protected]

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

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

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

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

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

A Strategic Inflection Point – Energy + Bitcoin:

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

The Geddes Solar Power Operation

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

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

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

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

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

About PowerBank Corporation

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

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

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

FORWARD-LOOKING STATEMENTS

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

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

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

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

Contact

Mike Pell
PHOENIX MEDIA MARKETING
[email protected]

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

Zug, Switzerland, July 29th, 2025, Chainwire

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

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

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

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

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

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

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

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

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

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

About Ika

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

Contact

Ika PR
[email protected]

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

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

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

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

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

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

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

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

About BTSE

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

For more information:

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

Twitter: https://x.com/BTSE_Official

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

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

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

Contact

Ker Zheng
[email protected]

Bitget Launches ESPORTSUSDT Perpetual Futures with Trading Bot Integration

Seychelles, Victoria, July 29th, 2025, Chainwire

Bitget, the leading cryptocurrency exchange and Web3 company, has launched ESPORTSUSDT perpetual futures trading, now available with up to 20x leverage. The contract went live on July 28, 2025 (UTC+8) and is fully integrated with Bitget’s futures trading bots, allowing users to automate trading strategies continuously.

The ESPORTSUSDT contract provides exposure to the ESPORTS token and settles in USDT. Designed for precision and liquidity, the contract features a tick size of 0.00001. Funding fees are settled every four hours, and trading is supported around the clock. With the integration of Bitget’s trading bots, users can implement algorithmic strategies and respond to market movements without manual execution.

Bitget may adjust parameters such as tick size, leverage limits, and maintenance margin rates in response to changing market risk conditions. Users are encouraged to consult the official Bitget platform for the most current specifications and updates.

The introduction of ESPORTSUSDT expands Bitget’s suite of perpetual futures offerings, reinforcing the platform’s commitment to providing access to innovative digital assets and enhancing the tools available to traders worldwide.

For more information, users can visit here.

About Bitget

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

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

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

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

For media inquiries, users can contact: [email protected]

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, users can refer to the Terms of Use.

Contact

Simran Alphonso
[email protected]

Mill City Ventures III, Ltd. Announces $450,000,000 Private Placement to Initiate Sui Treasury Strategy

Wayzata, United States / Minnesota, July 28th, 2025, Chainwire

Mill City Ventures III, Ltd. Announces $450,000,000 Private Placement to Initiate Sui Treasury Strategy

Upon the closing of the Private Placement, Mill City will adopt a Sui Treasury Strategy

Mill City intends to continue its short-term non-bank lending and specialty finance business

Marius Barnett and Stephen Mackintosh, Co-founders of Karatage, will become Chairman of the Board of Directors of the Company and Chief Investment Officer of the Company, respectively, effective upon the closing of the Private Placement

Industry-First Relationship with Sui Foundation Provides Institutional-Grade Gateway for Exposure to Only Blockchain Built for Mass Adoption  

Mill City Ventures III, Ltd. (“Mill City” or the “Company”) (NASDAQ:MCVT), a non-bank lender and specialty finance company, today announced that it has entered into securities purchase agreements (the “Securities Purchase Agreements”) for a private investment in public equity for the purchase and sale of 83,025,830 shares of common stock (or common stock equivalents in lieu thereof) at a price of $5.42 per share for expected aggregate gross proceeds of approximately $ 450,000,000, before deducting placement agent fees and other offering expenses (the “Private Placement”, or the “Offering”).

Karatage Opportunities (“Karatage”), the London-based proprietary hedge fund specializing in digital assets and emerging technology investments, founded by Marius Barnett and Stephen Mackintosh, acted as the lead investor, with an equivalent investment from the Sui Foundation, an independent organization dedicated to the advancement and adoption of the Sui network. As a significant early investor in the Sui ecosystem, Karatage has established itself as a strategic partner to Mysten Labs, the original contributors to Sui, with deep operational experience across the Sui network. 

The Offering included participation by prominent firms and infrastructure providers Big Brain Holdings, Galaxy Digital Inc (Nasdaq: GLXY) and Dr Jack Kong – NLABS Fund as well as investment from Pantera Capital , M2, Electric Capital, GSR, Selini, Protagonist, ParaFi Capital, Borderless, dao5, Arrington Capital, Comma3 Ventures,  FalconX, Paper Ventures and Maven 11 amongst others. Galaxy Asset Management will serve as the Asset Manager.

The closing of the Offering is expected to occur on or about July 31, 2025, subject to the satisfaction of customary closing conditions. The Company intends to use approximately 98% of the net proceeds from the Private Placement to acquire the native cryptocurrency of the Sui blockchain commonly referred to as “SUI”, and approximately 2% of the net proceeds from the Private Placement to fund the Company’s short-term lending business. SUI will serve as the Company’s primary treasury reserve asset.

A.G.P./Alliance Global Partners is acting as the sole placement agent in connection with the offering.

Upon closing of the Offering, the Company intends to appoint two new members to the Company’s board of directors (the “Board”). The new Board members provide the strong and experienced leadership the Company needs as the Company pivots to a SUI treasury strategy: 

Marius Barnett (Co-Founder of Karatage) will serve as the Chairman of the Board. A veteran operator and investor in digital assets, Mr. Barnett has a track record in building businesses across real estate, infrastructure and energy.    

Dana Wagner will serve as an independent Board Director. As a current board member at Coinbase Custody Trust Company and former general counsel at Square, Mr. Wagner has served in senior-level legal roles for category-defining firms at the cutting edge of financial technology.

Stephen Mackintosh (Co-Founder and General Partner at Karatage) will serve as the Company’s Chief Investment Officer. With previous experience in artificial intelligence and deep tech, Mr. Mackintosh brings extensive experience across the Sui ecosystem as he manages the SUI treasury strategy for the Company.  

“We’re launching at a pivotal moment when both institutional crypto and AI are reaching critical mass — creating significant opportunities across blockchain infrastructure,” said Stephen Mackintosh, the proposed Chief Investment Officer of Mill City and General Partner at Karatage. “We believe that Sui is well positioned for mass adoption with the speed and efficiency institutions require for crypto at scale, plus the technical architecture capable of supporting AI workloads while maintaining security and decentralization.”

“Sui was built to provide the scalability, speed, and security needed to support the next generation of decentralized applications and real-world crypto use-cases for consumers and institutions alike — from stablecoins to artificial intelligence to gaming and broader finance,” added Christian Thompson, Managing Director at the Sui Foundation.

Mill City intends to acquire SUI tokens on the open market, as well as via institutional-grade deal flow typically reserved for crypto funds and a negotiated purchase and sale agreement with Sui Foundation — a treasury strategy now accessible through a publicly traded structure with daily liquidity. As the sole SUI treasury with support from the Sui Foundation, Mill City and the Sui Foundation team will share information about the technology and ecosystem growth, establishing it as one of the only foundation-supported crypto treasury strategies.

“The future belongs to crypto, AI, and stablecoins — and they all need infrastructure that can handle real scale. That’s Sui,” said Adeniyi Abiodun, Co-Founder and Chief Product Officer of Mysten Labs. “We believe that everything has been leading up to the right time to make Sui’s founding vision a reality — and in our view, the moment is now.”

The Offering is being made in reliance on an exemption from the registration requirement under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act“), and/or Regulation D promulgated thereunder, and applicable state securities laws. Accordingly, the securities offered in the Private Placement may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirement of the Securities Act and such applicable state securities laws. Pursuant to the terms of the Securities Purchase Agreement, the Company will file a registration statement with the Securities and Exchange Commission (the “SEC”) registering the resale of the shares of common stock sold in the Private Placement.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

Advisors

  • Sullivan & Worcester LLP is acting as legal advisor to A.G.P./Alliance Global Partners.
  • Loeb & Loeb LLP is acting as legal advisor to Mill City.
  • Akin Gump Strauss Hauer & Feld LLP is acting as legal advisor to Karatage.
  • O’Melveny & Myers LLP is acting as legal advisor to Sui Foundation.

About Mill City Ventures III, Ltd.

Founded in 2007, Mill City Ventures III, Ltd., is a specialty finance company focused on short-term lending and structured finance solutions. The company provides capital to businesses through secured loan agreements, offering investors attractive returns with a focus on security and risk mitigation. More information about the company can be obtained at www.sec.gov or www.millcityventures3.com.

Upon closing of the Private Placement, the Company expects to adopt a SUI treasury strategy. 

About Karatage Opportunities

Karatage is a London-based proprietary hedge fund specializing in emerging technology investments across digital assets, artificial intelligence, and gaming. Founded by Marius Barnett and Stephen Mackintosh, Karatage focuses on identifying and backing high-growth projects building next-generation technology with mass-market appeal. As a significant early investor in the Sui ecosystem, the Karatage team brings deep operational experience across the blockchain ecosystem. For more information about Karatage, please visit karatage.io. 

Upon the closing of the Private Placement, Marius Barnett and Stephen Mackintosh, Co-founders of Karatage, are expected to become Chairman of the Board and Chief Investment Officer of the Company, respectively.

Forward-Looking Statement

Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, and these forward-looking statements are subject to various risks and uncertainties. Such statements include, but are not limited to, statements regarding the anticipated closing of the Offering, the anticipated receipt of proceeds from the Offering, the Company’s anticipated use of the proceeds from the Offering, opportunities that the Offering will create, Sui’s capabilities as a blockchain and the opportunities Sui creates, the belief that the new Board members will provide strong and experienced leadership to the Company, the execution of the Company’s treasury strategy, the anticipated filing of a registration statement and the Company’s ability to cause it to be effective and maintain its effectiveness, and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company’s satisfaction of closing conditions for the offering, fluctuations in the market price of SUI and any associated impairment charges that the Company may incur as a result of a decrease in the market price of SUI below the value at which the Company’s SUI are carried on its balance sheet, changes in the accounting treatment relating to the Company’s SUI holdings, the Company’s ability to achieve profitable operations, government regulation of cryptocurrencies and online betting, changes in securities laws or regulations, customer acceptance of new products and services including our SUI treasury strategy, the risk that SUI is classified as a security under current or future regulatory frameworks and the risk that the Company is deemed an investment company as a result of its ownership of SUI, the demand for its products and its customers’ economic condition, the impact of competitive products and pricing, the lengthy sales cycle, proprietary rights of the Company, changes in applicable laws or regulations, and its competitors, general economic conditions and other risk factors detailed in the Company’s annual report and other filings with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof, and the Company does not undertake any responsibility to update the forward-looking statements in this press release.

Contact

Chief Financial Officer
Joseph A. Geraci
Mill City Ventures III, Ltd.
[email protected]
612-868-5815

Pear Protocol Goes Live with Hyperliquid Integration and Announces $4.1M Strategic Round Led by Castle Island Ventures

London, UK, July 28th, 2025, Chainwire

Pear Protocol, the premier pair trading platform in crypto, has officially launched its native integration with Hyperliquid, unlocking seamless pair trading on top of the Hyperliquid perpetual orderbook.

This launch coincides with the closing of a $4.1M strategic funding round led by Castle Island Ventures, with participation from Compound VC, Florin Digital and Sigil Fund. The raise comes as Pear Protocol nears $1BN in trading volume, powering over 4,000 traders with daily volumes in beta already above $5M+.

“Hyperliquid is where the best traders are, and Pear now provides the best way to pair trade on top of that liquidity,” said Huf, Founder of Pear Protocol. “This round marks a turning point – our investors deeply understand the space, and together we’re going full throttle on execution.”

What This Means for Users

With the Hyperliquid integration now live, traders on Pear can enjoy:

  • Continued eligibility for any Hyperliquid Season 3 points and HyPear Points, converting into claimable $HYPE
  • One-click entry and exit across both legs of a pair trade
  • Limit and TWAP execution on the ratio, optimising entry and exits
  • TP/SL logic based on the ratio for superior risk management
  • Direct ratio charting, net funding differentials, and custom pair weighting tools

Pear makes advanced strategies simple, mobile-friendly, and capital-efficient – whether you’re trading HYPE/SOL or building custom ETH/BTC trades with beta-weighted logic.

Strategic Use of Funds

The new capital will be deployed to:

  • Expand Pear’s institutional-grade product suite
  • Launch vaults and APIs on HyperEVM
  • Re-launch their spot token with deeper liquidity on Hyperliquid’s Spot Orderbook
  • Accelerate user growth and talent acquisition
  • Position Pear for long-term sustainability – including optional protocol buybacks and new revenue lines

This round strategically aligns Pear Protocol with some of the most respected players in crypto venture, each bringing ecosystem reach, product insight, and long-term conviction.

“We believe Pear is building trading infrastructure for the next wave of DeFi-native professionals,” said Wyatt Khosrowshahi, Investor at Castle Island Ventures. “They’re connecting deep crypto-native liquidity with intuitive UX, timely education, and novel execution.”

About Pear Protocol

Pear Protocol is the leading DeFi-native pair trading terminal, enabling users to trade one token against another with high capital efficiency. With integrations across major venues including Hyperliquid, GMX and SYMMIO, Pear serves both professional retail and institutional users. Learn more at https://pear.garden

Users can follow Pear Protocol’s Twitter (@pear_protocol) account for more information.

Contact

Founder
Huf
Pear Protocol
[email protected]
X: pear_protocol

MapleStory Universe Expands Infinite IP Playground Vision with Developer Tools and Legacy IP Expansion

Abu Dhabi, UAE, July 28th, 2025, Chainwire

With the onboarding of APIs, builder momentum and new IP, NEXPACE continues to drive efforts in turning players into builders and IP into ecosystems. 

 MapleStory Universe (MSU), the blockchain-powered expansion of Nexon’s game IP, today announced a series of new developments that bring to life its Infinite IP Playground (IIPP) vision through Meta play. These include the roll out of new developer infrastructure, the first of its enhancement API, and the reveal of the next Nexon IP to onboard into the ecosystem. 

MSU’s Infinite IP Playground in Action 

The IIPP vision has always been about expanding the boundaries of play, from locked-in gameplay loops to open-ended systems where players and builders can co-create experiences. With recent developments, users and the community alike can get a glimpse into what this future looks like: with a focus on infrastructure, builder momentum and cross-IP scalability. 

“The Infinite IP Playground isn’t just an idea, it’s becoming an ecosystem,” said Sunyoung Hwang, CEO of NEXPACE. “From game logic APIs to builder tools, from new IPs to open infrastructure, MSU is laying the groundwork for a gaming model where creativity, ownership, and community are core.”

Ecosystem Expansion: APIs, Builders and Infrastructure

As part of its infrastructure expansion, MSU has activated its first gameplay logic API focused on item enhancement, a familiar progression mechanic from MapleStory. Going live on 29 July, Smithy will be the first prototype of Meta play Services to complete and test the enhancement API in a live environment, laying the foundation for more flexible, community-driven possibilities. 

Smithy also opens the door for future builders to create services using that same enhancement logic, from strategic tools to creating entirely new user experiences. This is the first step in a broader plan to open up other core gameplay pillars through APIs within the upcoming Builder Center, allowing builders to explore, expand and innovate beyond MapleStory’s original boundaries.

Leveraging on Builder Ecosystem Momentum

Since opening its API access, more than 50 independent teams have started building within the MSU ecosystem, including dashboards, guild tools, prediction apps, and marketplace services. Some of these builders’ work has already gone live, providing data-driven support and analysis to players. To further support this builder momentum, MSU is rolling out the following infrastructure upgrades: 

  • Builder Center: A new portal for developers onboarding, API integration, and modular on/off-chain tools. (Q4 2025)
  • Permissionless Chain: A blockchain layer open to any builder to deploy smart contracts and dApps within the MSU ecosystem 
  • Chainlink CCIP integration: Enabling secure cross-chain interactions to expand user experience by supporting seamless use of digital items across different chains

MSU has also confirmed the creation of an ecosystem fund to support early-stage projects aligned with the Infinite IP Playground vision. It will support initiatives across Meta play, SocialFi, AI-enhanced gameplay, and community tooling.

New IP will Join the Nexpace’s Ecosystem 

Building on the foundation laid by MapleStory Universe, another one of Nexon’s iconic game franchises will be the next IP to integrate into the ecosystem, introducing new gameplay formats and creator possibilities. 

While details will be shared progressively, this signals NEXPACE’s commitment to supporting diverse Nexon IP experiences as a multi-IP platform, built not just for one title but for a future where legacy franchises evolve through community-driven innovation. 

What’s Next 

Looking ahead, these developments will be part of MSU’s broader 2025 roadmap: 

  • August: Launch of ecosystem support policies and additional API enhancements
  • September–November: Rollout of third-party Synergy Apps and services onboard 
  • December: Launch of a new Builder Center, expansion of the API suite and MapleStory N Winter Update 

“These updates mark a turning point for MapleStory Universe,” added Sunyoung Hwang, CEO of NEXPACE. “We’re not just adding tools or onboarding new IPs, we’re building the foundations of a platform where players and builders can shape the future of web3 gaming worlds together.”

About NEXPACE

NEXPACE, an innovative blockchain company based in Abu Dhabi, pioneers an IP-expansion initiative powered by blockchain technology and NFTs to build a community-driven ecosystem. With a mission to redefine interactive entertainment, NEXPACE creates a vibrant space for exploring, sharing, and engaging with diverse content and gameplay crafted by community members.

At the heart of NEXPACE’s ecosystem are principles of transparency, security, and trust, empowering creators to freely share their ideas and enabling users to enjoy immersive experiences. By fostering a culture of creative expression, NEXPACE envisions a secure, collaborative environment that unites ecosystem participants in a thriving digital community. 

For more information, users can visit: Website | Medium | X/Twitter | Discord 

Contact

Bee Shin
Wachsman
[email protected]

SatoshiMeme ($SATOSHI) Emerges, Declaring ‘Return of Satoshi Nakamoto’

Seoul, KOREA, July 28th, 2025, Chainwire

The P2P Foundation and Commons Foundation have jointly announced the launch of SatoshiMeme ($SATOSHI). The project is designed to reflect on the original principles underlying Bitcoin’s creation and to explore new directions through community participation and knowledge sharing in the current blockchain environment.

The memecoin sector continues to maintain visibility, with assets such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) contributing to broader market activity. According to CoinMarketCap, the total market capitalization of memecoins stands at approximately $54 billion.

Within this landscape, SatoshiMeme introduces an approach that emphasizes philosophical reflection. The project highlights the theme of “returning to Bitcoin’s fundamentals” as a central concept, distinguishing itself from other memecoin initiatives.

The Place Where Satoshi Once Resided: A 16-Year Homecoming

SatoshiMeme’s most distinctive feature is the direct participation of the P2P Foundation, the only digital space where Satoshi Nakamoto first publicly announced Bitcoin in 2009. The P2P Foundation holds the unique significance in Bitcoin history as the platform that still possesses Satoshi Nakamoto’s only account and posts.

At that time, Satoshi Nakamoto announced on the P2P Foundation, “I have been working on a P2P electronic cash system, and I am now releasing the beta version,” sharing the Bitcoin whitepaper and initial software. This was the historic moment when Bitcoin was first introduced to the world.

P2P Foundation founder Michel Bauwens stated, “We expect the SatoshiMeme project to support the P2P Foundation’s knowledge sharing activities and contribute to fund creation for public interest-based projects. This is a meaningful attempt to realize the values of cooperation and openness that Satoshi Nakamoto pursued in a contemporary way.”

Questioning Bitcoin’s Essence Through Memes

SatoshiMeme presents reflection on the current cryptocurrency market through a whitepaper released under the concept of “The Return of Satoshi Nakamoto.” The whitepaper points to the reality of Bitcoin’s transformation into a financial product through a hypothetical message from Satoshi: “Bitcoin is no longer the free currency I sent to the world.”

The project humorously conveys complex blockchain concepts through ‘Satoshi Scripture’ parodies, strengthening genuine community belonging through its unique educational approach. Detailed information about SatoshiMeme is available on the official website (satoshimemes.com).Alternative Economy Realization Through Community Collaboration

SatoshiMeme is built on the MicroBitcoin (MBC) blockchain, which hard-forked from Bitcoin’s 525,000th block. MBC is a project that started in 2018 with the goal of implementing the micro-economic currency function that Satoshi pursued. It operates in an open-source manner with developers from around the world participating.

The Commons Foundation announced plans to expand cooperation with Bitcoin communities worldwide through SatoshiMeme. The foundation aims to spread the practical value of decentralization and P2P economics through creative collaboration with open-source developers, and support the continuous development of the cryptocurrency field.

Currently, listing discussions are underway with major exchanges worldwide, with plans for phased market entry through launchpads and presales. This project presents the goal of promoting community-based economic experiments through a contemporary reinterpretation of Satoshi Nakamoto’s philosophy.

Related Organizations

MicroBitcoin: Open-source project initiated in 2018 as a Bitcoin hard fork (https://microbitcoin.org)

Commons Foundation: Non-profit foundation supporting commons-based projects (https://commons.foundation)

P2P Foundation: P2P Foundation: Global P2P research and education network established in 2005 (https://wiki.p2pfoundation.net)

About Commons Foundation

The Commons Foundation is a non-profit organization dedicated to fostering commons-based peer production and community-driven innovation. Established to support projects that prioritize collective ownership, open knowledge sharing, and decentralized governance.

Key Activities: The foundation identifies and incubates commons-based projects, provides funding for community-driven initiatives, and facilitates knowledge sharing between global commons communities. Notable achievements include supporting multiple open-source blockchain projects and establishing partnerships with leading P2P organizations globally.

Contact

Director
Kiho Song
Commons Foundation
[email protected]

Ethereum Breaks $3600 as Pepeto Presale Surges Past $5,700,000

Dubai, UAE, July 25th, 2025, Chainwire

Pepeto, a meme coin built on the Ethereum blockchain, has secured more than $5.5 million in presale funding. With the demo version of its decentralized exchange now live and the token price at approximately $0.000000142, Pepeto combines meme-themed branding with cross-chain bridge features and decentralized swap infrastructure.

Pepeto’s Ethereum Powered Exchange

The meme coin space is evolving, and Pepeto is at the forefront of that shift with more than just hype. Built on Ethereum, the project is changing expectations by combining entertainment with real blockchain infrastructure. At its core, Pepeto offers a fully developed decentralized exchange featuring PepetoSwap technology and a seamless bridge connecting multiple blockchains. Traders no longer need to depend on costly swaps or centralized platforms. Instead, Pepeto provides fast, secure, and zero-fee trading powered by the Ethereum network. This makes Pepeto a strong choice for both casual users and serious investors who seek speed, scalability, and safety in one place. As Layer 2 solutions continue to see broader adoption, Pepeto differentiates itself from other meme-themed tokens by incorporating technical features such as a cross-chain bridge and decentralized exchange infrastructure.

Utility, Speed, and Culture: The Triple Threat

  • Zero-fee trading through the PepetoSwap Exchange
  • Cross-chain bridge enabling quick and low-cost swaps
  • Fully audited and secure smart contract
  • Viral frog storyline with connections to Elon and PEPE
  • Major Tier 1 exchange listing announcement coming soon

Source: https://x.com/Pepetocoin/status/1945130737788706997 

Pepeto’s Vision and Contribution to the Crypto Space

Pepeto is an ambitious contender aiming to reshape how finance functions in the digital era. It recently launched the Pepeto Bridge exchange, built to solve cross-chain challenges, enhance liquidity, and enable smooth swaps across networks. The project has raised approximately $5.7 million through its ongoing presale, with tokens currently priced at $0.000000143 each. According to the team, future plans include additional capital raising efforts during the presale, with expectations for further project developments in August. Pepeto’s initials stand for Power, Energy, Precision, Efficiency, Technology, and Optimization, a fitting reason it is called the God of Frogs, delivering security and clarity for every holder. The token has not yet launched on centralized exchanges, and trading activity remains limited to the presale phase.

How to Buy $PEPETO

Investors can join the $PEPETO presale via the official website: https://pepeto.io . Tokens are available at $0.000000143, with payment options including USDT, ETH, and BNB. Early participants can capitalize on staking rewards up to 264% and other exclusive ecosystem benefits.

About $PEPETO

$PEPETO is a cutting-edge cryptocurrency project blending the playful spirit of meme coins with real-world utility. Featuring a zero-fee exchange, cross-chain bridge, and unparalleled staking rewards, $PEPETO is redefining what it means to be a meme coin in 2025.

Official Links:

Website: https://pepeto.io/

X (Twitter): https://x.com/Pepetocoin

Telegram Channel: https://t.me/pepeto_channel

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

Contact

Relationship manager
Daniel Bonocci
VelvetDigits
[email protected]

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