Ankr, a well-known Web3 infrastructure entity, has collaborated with Kava Chain, a popular decentralized blockchain. In this collaboration, Ankr is going to serve as Kava Chain’s core RPC provider. As per Ankr’s official social media announcement, the partnership is poised to bolster the growing institutional ecosystem of Kava Chain with more scalable, reliable, and faster blockchain connectivity. Hence, the development could play a pivotal role in accelerating the technical evolution of Kava.
Ankr's proud to continue powering the @KAVA_CHAIN ecosystem as their primary RPC provider.
It's a big deal – Kava has become one of the most reliable destinations for institutions and high-value asset flows, with global-grade custody, secure cross-chain architecture, and a… pic.twitter.com/RszIUx7BXR
— Ankr (@ankr) December 1, 2025 Ankr Backs Kava Chain with Next-Gen RPC Infrastructure to Power Institutional Growth The partnership takes into account Ankr’s services as the main RPC provider for Kava Chain. This move attempts to improve network performance, institutional trust, and back the key objective of Kava Chain to become a secure platform for worldwide digital asset flows. Additionally, this development also fosters Kava Chain’s focus on capital efficiency, interoperability, and safety to scale digital assets and maintain the broader momentum of institutional adoption.
In addition to this, Ankr’s evolving package of tools for developers backs Kava’s accessibility, permitting emerging Web3 enterprises and teams to enter the ecosystem with minimum friction. At the same time, the partnership combines the secure foundation of Kava Chain with the efficient RPC delivery of Ankr. This forms an environment that significantly contributes to the sustained network growth. Along with that, Ankr endeavors to back the Kava’s efforts to improve high-value flows and deeper liquidity.
Collaboration Boosts Network Reliability, Scalability, and Security According to Ankr, the collaboration with Kava Chain includes the provision of resilient and fast RPC infrastructure for smooth ecosystem scaling. The respective move also supports the long-term goals of Kava Chain to deliver secure asset expansion apart from sustaining considerable reliability and throughput. Overall, the duo is moving forward to advance ecosystem efficiency, heighten performance, and ecosystem efficiency, driving high-value Web3 platforms across the globe.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Cwallet announced a new integration with Kava and immediately added one of the fastest and most interoperable blockchains to its expanding Web3 finance ecosystem.
With this partnership, users will now be able to send, receive, trade, swap, and buy or sell KAVA tokens all within Cwallet, without needing to leave the Cwallet platform.
The move helps put Cwallet in a better position as the unified gateway for everyday crypto users and helps Kava to utilize a greater distribution channel across the global market.
Kava Joins the Cwallet Ecosystem Kava is renowned for picking up the agility of the Cosmos network and Ethereum to allow interaction between both ecosystems on a single chain. It supports over 125 decentralized applications and has processed billions of dollars in transactions across the DeFi, payment, and new AI-powered applications.
By bringing Kava into Cwallet, the platform now provides direct access to users of one of the most versatile infrastructures in the Web3 space.
The integration also simplifies it for new users to use Kava without having to deal with complicated bridges and unfamiliar wallets.
Cwallet confirmed that all of the fundamentals are available instantaneously to the users and provides them with a free way to manage their holdings of KAVA. These functions can be wallet transfers, on-chain interaction, and instant swaps.
How the Integration is Benefiting the Everyday Users Cwallet’s design focuses on simplicity, as it allows users to manage multiple assets from a single interface. By adding Kava, this convenience can be extended to a wider variety of cross-chain activities: people will be able to use familiar steps to interact with Cosmos based assets in the same way that they can interact with other tokens.
Through the integration, KAVA holders are provided with a simplified method of trading or transferring tokens between different environments.
Users can switch between chains, convert assets, and explore new dApps with fewer steps and lower technical barriers.
This sort of unified access is important, particularly for individuals who want to have some exposure to different ecosystems but don’t want to deal with different wallets.
Cwallet’s automation tools, bots, and built-in security layers help users traverse the crypto-space with more confidence.
What Does This Partnership Offer For Cwallet, the integration emboldens its existence as a multi-chain hub by providing users access to the high-performance Layer 1 facilitating connection between two major blockchain ecosystems.
Kava is beneficial to the extent that it puts its token and applications in front of a wider audience internationally.
Cwallet’s wide range of users can now interact with Kava’s infrastructure, and it can help drive activity across dApps and potentially boost liquidity. Users also benefit from the combination of strengths of both platforms.
They are provided a gentler entry point in the ecosystem of Kava, as well as the opportunity to explore decentralized AI tools and DeFi services without the requirement of several different applications.
A Step Toward Deeper Cross-Chain Integrations Cwallet intends to build a more in-depth technical relationship with the Kava ecosystem, thereby developing more ways for people to interact with dApps, AI-powered tools, and cross-chain services.
As adoption of Web3 continues to grow at a rapid pace, partnerships such as these provide a link between the high-speed blockchain networks and the easy-to-use financial platforms.
AUTHOR
With over five years of experience in crypto, blockchain, and tech content, Ishtiyaq makes complex topics easy to understand. He simplifies blockchain and digital currency concepts for a wide audience, ensuring that beginners and experts alike can grasp key ideas. His clear and engaging writing helps readers stay informed about the latest trends, developments, and innovations in the crypto space. Whether explaining blockchain technology, digital assets, or DeFi, Ishtiyaq breaks down complicated ideas into simple, digestible content. His goal is to help people navigate the fast-changing world of cryptocurrency with confidence, clarity, and a deeper understanding.
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Binance has completed the integration of Kava (KAVA) on the BNB Smart Chain (BSC) network. Deposits and withdrawals are now open. Please find your assigned token deposit address here. The token's smart contract address on the aformentioned network can be found here. Please Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2025-12-11
PANews reported on December 11 that, according to an official announcement, Binance has completed the integration of Kava (KAVA) with the BNB Smart Chain (BSC) network and has opened deposit and withdrawal services.
Author: PA一线
This content is for market information only and is not investment advice.
Morgan Stanley raises Micron's price target to $1,200, maintains 'Overweight' rating.
Morgan Stanley released a report raising Micron Technology (MU.O)’s price target from $1,050 to $1,200, while maintaining an "Overweight" rating. The investment bank lifted its fiscal 2027 earnings per share (EPS) forecast for the chipmaker by roughly 40% to $168, and upgraded its free cash flow (FCF) projection from $104 billion to $140 billion. Aligning with Micron’s management, the bank holds that AI will push DRAM demand to consistently outpace supply significantly after 2027. Micron’s last fiscal quarter results matched this trend, with both its quarterly performance and outlook showing notable upside potential.
5 minutes ago
US officials: Israel has withdrawn troops from parts of the buffer zone in southern Lebanon.
A U.S. State Department official said Israel has withdrawn from parts of the buffer zone in southern Lebanon, describing the move as a "goodwill gesture" toward the Lebanese government.
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CBRS trades below IPO price post-earnings: Erases all gains six weeks after listing, two smart money firms net $5.8 million from first-day IPO shorts.
According to Hyperinsight monitoring, Cerebras (CBRS), the AI chip firm previously dubbed "Nvidia’s strongest challenger", saw its stock price fall in stages after reporting its first quarterly results since going public, as negative guidance overshadowed better-than-expected performance. The stock has dropped roughly 22% since the earnings release and officially broke below its IPO price today. On-chain whales are overall bearish. CBRS trades at $184 on the Hyperliquid platform, down 7.7% in 24 hours. Large-scale short positions (million-dollar level) total around $11.62 million, 2.39 times the long positions ($4.87 million). Two major short positions were placed precisely at high levels as early as the IPO day or even before the IPO: - Whale 0xe0ff: Shorted at $284.51 on May 14 with a 3x leveraged position of $6.13 million, generating an unrealized profit of $3.24 million (+104%); - Whale 0x9996: Shorted at $275.92 on May 11 with a 5x leveraged position of $5.48 million, generating an unrealized profit of $2.64 million (+162%). It is learned that both addresses currently hold short positions in both CBRS and SPCX, and have recorded substantial unrealized profits, preferring to place short positions at high levels before or on the day of major stock listings. With the realization of negative earnings news in this round, the combined unrealized profit of the two positions is around $5.88 million. Currently, the average entry price of CBRS short whales is around $275, and the current price is over 30% lower than that. The nearest short liquidation line is at $200.13, about 7% away from the current price.
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Multiple high-performing domestic public mutual fund products have tightened their purchase restrictions.
E Fund Management announced in its latest filing that the E Fund Information Industry Select Fund, managed by Zheng Xi, has cut its purchase limit to 10,000 yuan. The same purchase limit reduction to 10,000 yuan applies to another fund under his management, E Fund Information Industry Fund, while E Fund Global Growth Select Hybrid Fund (QDII) has lowered its purchase limit to 10 yuan. In addition, Guolianan Preferred Industry Fund, Harvest Tech Innovation Fund, and Principal Performance-Driven Fund have also announced purchase limits or adjustments to their limits recently. Jin Zicai, a fund manager closely watched by the market, imposed additional purchase limits on multiple public offering funds under his management, with the four funds involved cutting their purchase limits to 500 yuan starting June 23. Purchase limits on high-performing funds likely stem from multiple considerations: they can avoid return dilution caused by short-term concentrated subscriptions, and proactive limits during overheated market conditions also send risk warning signals to the market. As the first half of the year draws to a close, such moves have become increasingly frequent. Overall, Wind data shows that since June alone, 19 funds with year-to-date net asset value returns exceeding 90% have suspended large subscriptions or adjusted their purchase caps. (Source: Cailian Press)
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The US stock market's optical communication sector rises across the board in pre-market trading, with Corning up 9.28%.
According to Bitget market data, the U.S. stock market's optical communication sector saw broad pre-market gains, with MRVL rising 4.99%, LITE up 3.24%, Nokia up 3.11%, Corning up 9.28%, and AXTI up 6.69%.
5 minutes ago
US-listed AI chip stocks saw mixed pre-market performance, with Qualcomm surging 13%.
According to Bitget market data, U.S. AI chip stocks posted mixed pre-market performance: Qualcomm (QCOM.O) surged 13%, Intel (INTC.O) rose nearly 6%, AMD (AMD.O) gained nearly 4%, and Google (GOOG.O) declined 1.4%.
Today, the Kava Coalition released its Q4 2025 market survey report on commercially available noble kava products, documenting measurable improvements in product quality while underscoring the continued need for stronger industrywide practices.
The report represents the Coalition’s second commercial kava product testing study of 2025. A total of 40 products from 20 vendors were independently analyzed to assess safety, purity, and botanical authenticity. 73% of tested products met established microbial action limits, a significant improvement over 49% compliance in Q1 2025, demonstrating positive momentum following the release of the Coalition’s Harmonized Multinational Kava Standard in late 2024. The voluntary standard was developed to promote global alignment on identity, purity, potency, and contamination benchmarks.
“This report shows that increased transparency and shared standards can drive meaningful progress,” said Douglas La Rose, executive director of the Kava Coalition. “While the improvement in microbial compliance is encouraging, the findings also make clear that more work remains to ensure consistent consumer safety across the industry.”
Testing found no detectable heavy metals, pesticides, mycotoxins, or residual solvents across sampled products, an important indicator of responsible farming and extraction practices. Chemical analyses confirmed the presence of authentic noble kava chemotypes, with consistent levels of key kavalactones such as kavain and dihydrokavain, reinforcing product authenticity.
The Kava Coalition remains committed to consistent market testing and public reporting to promote accountability, continuous improvement, and consumer confidence.
Read the published report here.
About Kava Coalition
The Kava Coalition is an alliance of noble kava consumers, experts, and industry leaders committed to advancing kava education, advocacy, and choice. By promoting responsible consumption, market transparency, and cultural respect, the Coalition works to ensure that noble kava is widely recognized, accessible, and valued as a safe, pro-social beverage. For more information, visit www.kavacoalition.org.
Today, the Kava Coalition welcomed an important update from the California Department of Public Health (CDPH), which revised its Consumer Fact Sheet for Kava to clearly recognize traditionally prepared kava as a lawful single ingredient conventional food when steeped in water.
Following input by the Kava Coalition and ongoing dialogue with state regulators, CDPH updated its guidance to explicitly state that kava steeped solely in water and prepared as a single ingredient beverage is not regulated as a food additive. The updated Consumer Facts Kava 2026 document now reads: “Kava would generally not be regulated as a food additive if kava is steeped in only water to brew tea and consumed as a single ingredient conventional food.”
In addition to this clarification, CDPH materially revised the summary section of the fact sheet. While the earlier version referenced only the absence of regulatory limitations for kava as a dietary supplement, the updated document now states that “there are currently no regulatory limitations regarding the use of kava as a single ingredient conventional food or dietary supplement.” This change explicitly expands lawful use beyond supplements and directly affirms the legitimacy of traditional water-based kava preparation.
“This update provides long-needed clarity for consumers, businesses, and regulators alike,” said Douglas La Rose, Executive Director of the Kava Coalition. “For more than a year, the Kava Coalition has worked closely with kava bars across California to petition for clear guidance, and the state has now provided that clarity. We also consulted extensively with Pacific Islander communities who were deeply concerned about California’s position on kava as a conventional food. Traditional kava preparation has profound cultural significance and a long history of safe use, and we are encouraged to see California’s guidance now clearly reflect that reality.”
California is home to one of the largest Pacific Islander populations in the continental United States, including communities from Fiji, Tonga, Samoa, and other kava-producing cultures. For these communities, kava is not only a social beverage but a cornerstone of cultural practice, ceremony, and identity. The updated CDPH guidance provides meaningful cultural recognition while also supporting small businesses and community spaces that contribute to local economies throughout the state.
The Kava Coalition views this update as a significant step forward for public understanding, regulatory consistency, and cultural recognition in California. After a period of uncertainty, the revised guidance offers a more stable and accurate framework for how kava is prepared and consumed across the state.
The Coalition expressed appreciation for the engagement of CDPH staff and acknowledged the persistence and collaborative efforts of its members and partners who contributed to this outcome.
Copies of the prior and updated fact sheets are available upon request from CDPH.
About Kava Coalition
The Kava Coalition is an alliance of noble kava consumers, experts, and industry leaders committed to advancing kava education, advocacy, and choice. By promoting responsible consumption, market transparency, and cultural respect, the Coalition works to ensure that noble kava is widely recognized, accessible, and valued as a safe, pro-social beverage. For more information, visit www.kavacoalition.org.
EZNEWSWIRE: Kava Coalition Applauds Los Angeles County Department of Public Health Update Clarifying the Status of Traditional Preparation and Prepackaged Kava Sales
The global financial system holds hundreds of trillions of dollars in assets. Sovereign debt, commodities, cash equivalents, yield-bearing instruments - the building blocks of wealth and commerce that power economies worldwide. Today, only a tiny fraction of those assets exist onchain. That gap is closing fast, and the networks positioned to bridge it will capture extraordinary value.
This is the core of the Kava thesis for 2026 and beyond: tokenized financial assets will grow from a niche crypto use case into a multi-trillion dollar infrastructure layer. Stablecoins are the first proof point. What comes next is far bigger. And Kava has been building the right infrastructure for precisely this moment.
The Trillion-Dollar Real World Asset MigrationThere are broadly two categories of crypto assets. The first is speculative and digital-native - memecoins, NFTs, low-quality tokens driven by narrative rather than fundamentals. The second is tokenized financial assets: onchain representations of real-world financial value including stablecoins, tokenized commodities, yield-bearing dollar products, and structured instruments.
The first category captured headlines during the last cycle. The second category will define the next decade.
The thesis is straightforward: people everywhere want access to the best financial assets the world has to offer. Historically, geography determined opportunity - if you lived outside major financial centres, high-quality instruments were expensive or impossible to access. Onchain infrastructure changes that equation entirely. Tokenization makes sovereign debt, dollar-denominated yield, commodities exposure, and structured financial products globally accessible to anyone with a wallet.
We believe tokenized financial assets will grow into the trillions as onchain rails become the primary global access layer for high-quality financial instruments. The infrastructure that supports this migration - settlement, custody, compliance, liquidity - becomes the most strategically valuable real estate in crypto.
Stablecoins: The Leading Edge of Tokenised Finance Within tokenized financial assets, stablecoins are the largest and most mature category. They represent tokenized dollars - the dominant onchain derivative of real-world financial value and the primary settlement layer for virtually all onchain financial activity.
But stablecoins aren’t just a product category. They’re a gateway. They function as the on-ramp into tokenized asset exposure, the off-ramp back into fiat liquidity, and the base unit of account for every onchain financial product that follows. Growing stablecoin usage is the first step toward growing adoption of the entire tokenized financial asset stack.
As we covered in our recent analysis of the stablecoin infrastructure shift, Tron’s overtaking of Ethereum for USDT dominance validated a critical thesis: purpose-built payment infrastructure outcompetes complex general-purpose solutions when it comes to moving value at scale. Networks that made the right architectural choices are winning real market share.
This same logic applies to the broader tokenized asset opportunity. The networks that build native, efficient infrastructure for tokenized financial products - rather than retrofitting speculative-era architecture - will capture disproportionate value as the market matures.
Kava’s Structural Advantage
Kava didn’t stumble into this position. The network has spent years building infrastructure that aligns precisely with where the market is heading.
Native USDT integration gives Kava first-class stablecoin infrastructure rather than relying on bridged assets with their inherent fragility. Integrations with major partners like Binance provide distribution and liquidity access that smaller networks struggle to replicate. And the ability to deepen stablecoin liquidity through on/off-ramp partnerships creates compounding network effects - more liquidity attracts more users, which attracts more liquidity.
The strategic sequence is clear. Step one: grow stablecoin liquidity and usage within the Kava ecosystem. This is the foundation - the settlement infrastructure that everything else builds on. Step two: use stablecoins as settlement infrastructure for new financial products that bring tokenized real-world asset exposure to a global audience.
With $124.44 million in stablecoin market cap and 88.21% USDT dominance, the foundation is already in place. The question now is how fast Kava can build on top of it.
The Product Expansion PathKava's roadmap extends well beyond stablecoin settlement. The network is building toward a marquee financial product with stablecoins as the settlement layer - a simple entry point to asset-backed yield with clear accounting, using USDT for both deposits and redemptions.
Over time, this expands into broader tokenized financial exposure: commodities, yield-bearing instruments, synthetic exposures, and structured financial products. The goal is to provide globally accessible onchain exposure to high-quality financial assets - the kind of instruments that have historically been gated behind geographic, regulatory, and capital barriers.
This isn’t about building another DeFi protocol. It’s about building the infrastructure layer through which real financial value flows onchain. The addressable market isn’t other crypto projects - it’s the hundreds of trillions in global financial assets waiting for better rails.
The AI CatalystAlongside the tokenized asset thesis, Kava recognises AI as one of the fastest-growing sectors of the coming decade. The strategy here is deliberate: invest in decentralised AI infrastructure, fund research and ecosystem development, and explore AI-assisted tooling for financial strategy and coordination.
The intersection of AI and onchain finance is particularly compelling. As tokenized financial products grow in complexity and volume, AI-assisted portfolio management, yield routing, strategy automation, and other coordination tools become increasingly valuable. Decentralised AI infrastructure paired with tokenized financial rails creates a stack that neither sector can build alone.
This remains an area of active investment and development rather than near-term product commitments. But the strategic positioning is intentional - the convergence of AI and onchain finance is coming, and Kava intends to be there when it arrives.
The Path Forward: 2026 and Beyond
The immediate focus for 2026 is clear: grow stablecoin liquidity, launch compliant dollar-denominated products, and begin expanding into broader tokenized financial assets. Simultaneously, investment in decentralised AI continues to build the infrastructure for what comes next.
The macro environment couldn’t be more aligned. Institutional interest in tokenized assets is accelerating. Regulatory clarity around stablecoins is improving in key markets. Global demand for dollar-denominated financial access continues to grow. And the infrastructure wars of previous cycles have produced clear winners - networks that prioritised real utility over speculative positioning.
We’re building for a world where the best financial assets are globally accessible through onchain infrastructure. Where stablecoins are the settlement layer, tokenized instruments are the product layer, and AI-powered tools help users navigate an increasingly sophisticated financial landscape. The pieces are in place. The market is moving in our direction. And Kava is positioned to capture it.
The next decade belongs to tokenized financial assets. Kava intends to be at the centre of it.
Last week, the UK Kava Coalition and CEBDP brought together policymakers, researchers, and cultural leaders in London for its first-ever kava in the U.K. symposium — an effort to advance kava policy in the U.K.
Held at the ORTUS Conferencing and Events Venue in Denmark Hill, the full-day symposium featured a robust agenda of expert presentations and panel discussions exploring kava’s role across public health, international policy, agriculture, and diaspora communities. The event concluded with an evening reception, fostering continued dialogue among stakeholders.
The symposium opened with remarks from Member of Parliament Charlotte Nichols and messages from Pacific Island diplomatic representatives, including the Vanuatu Honorary Consulate and the Fijian and Tongan High Commissions, setting the tone for discussions on balancing public safety with cultural respect. Speakers emphasized the need to reassess misconceptions about kava in light of evolving research and global regulatory changes.
Tex Cavubati, a professional rugby player, delivered a compelling address on kava’s role in fostering calm, healthier social spaces. Drawing from his experience, he noted a growing shift among young players away from alcohol toward kava, highlighting its ability to support reflection, emotional openness, and more constructive forms of connection.
Akuila Dresa, a warrant officer, spoke on the contradiction faced by Fijian servicemen in the U.K., who serve the country yet are denied access to kava, a plant central to their culture. Representing more than 3,000 Fijian soldiers, he framed legalization as an issue of dignity, respect, and cultural recognition within British society.
Tok Aisake and Dr. Viliami Fakava highlighted the importance of kava agriculture in Tonga, emphasizing its role in identity, livelihoods, and community life. They underscored that kava is not just a commodity but a cultural keystone that must be respected in policy discussions.
Dr. Simon Gellar outlined kava’s history and use, while Douglas La Rose shared insights on U.S. regulatory progress and opportunities for alignment. Timmy Davis and Sam Lawes of CEBDP addressed research barriers in the U.K. and emphasized the importance of evidence-based policymaking.
“The UK Kava Symposium represented an important step toward modernizing how policymakers understand and regulate kava across the globe,” said Douglas La Rose, Executive Director of the Kava Coalition in the U.S. “By bringing together voices from research, government, and Pacific communities, we helped ensure that future policy discussions are grounded in science, cultural respect, and real-world experience while addressing misconceptions.”
Participants also emphasized the need to move away from a “medicine-first” regulatory framework, instead recognizing kava as a traditional, single-ingredient food with deep cultural roots. Discussions highlighted how current regulatory barriers have limited research and access in the U.K., while contrasting approaches in other countries have allowed for more balanced oversight.
About Kava Coalition
The Kava Coalition is an alliance of noble kava consumers, experts, and industry leaders committed to advancing kava education, advocacy, and choice. By promoting responsible consumption, market transparency, and cultural respect, the Coalition works to ensure that noble kava is widely recognized, accessible, and valued as a safe, pro-social beverage. For more information, visit www.kavacoalition.org.
About UK Kava Coalition
UK Kava Coalition (UKKC) works to protect and promote the cultural, social, and economic significance of kava for Pacific Island communities in the UK. Through advocacy, cultural engagement, and government outreach, UKKC aims to secure legal and fair access to kava as a beverage for all who value it. For more information, visit www.kavacoalition.uk.
In celebration of Earth Day, Botanic Tonics, maker of feel free CLASSIC® and Kava Mate, today announced a sweepstakes offering five individuals a unique opportunity: a dedicated kava plot in their name at the Pacifikava farm in Vanuatu, where the brand sources its noble kava root.
Each selected participant will have a plot named in their honor, along with ongoing updates from the farm, including photos, harvest reports and insights into the journey from cultivation to final product. The initiative is designed to provide a more direct connection between consumers and the agricultural origins of the brand’s products.
The sweepstakes runs through April 22, 2026, at 11:59 p.m. Pacific Time and is open to legal residents of the 50 United States, including the District of Columbia, aged 21 and older. No purchase is necessary. Additional details and official rules are available at botanictonics.com/pages/earth-day-sweepstakes. Shop at botanictonics.com from April 15–22 for automatic entry, or enter here for a chance to win without purchase.
Botanic Tonics has positioned the initiative as part of a broader effort to highlight the role of sourcing, production and distribution practices in its operations.
“Everything we do starts at the root,” said Cameron Korehbandi, CEO of Botanic Tonics. “From how our noble kava root is grown at our farm in Vanuatu to how our products are packaged and distributed, we’re intentional about building a business that respects the Earth and supports the communities behind it.”
Rooted in Tradition: Sustainable Kava Sourcing in Vanuatu
Botanic Tonics sources its noble kava root from Pacifikava, its exclusive farm located on the island of Espiritu Santo in Vanuatu. The region’s volcanic soil, climate, and cultural traditions support the cultivation of high-quality kava.
The company works with local farmers who grow and hand-harvest kava using time-honored practices designed to protect the land and preserve generations of agricultural knowledge. These small, carefully tended plots prioritize quality, sustainability and respect for the plant’s cultural legacy.
Beyond sustainable farming, Botanic Tonics invests directly in the communities behind its supply chain, supporting education, economic opportunity and long-term stability for farming families, while helping preserve the traditions that have defined kava cultivation for centuries.
That impact is felt at the family level. As Pacifikava farmer Adison Goodwin noted, “Now with Pacifikava, they sponsored my child to go far in school.”
From Plant to Product: Thoughtful Materials and Packaging
Botanic Tonics’ signature cobalt glass bottles and aluminum caps were chosen deliberately for performance and for what happens after the product is finished. Glass and aluminum are among the most recyclable materials available, and the company actively encourages consumers to recycle or repurpose its packaging rather than send it to landfill.
Since launching its recycling program in 2023, Botanic Tonics reports diverting more than 357,000 pounds (nearly 179 tons) of materials from landfills, including over 142,000 pounds of plastic and 17,000 pounds of glass.
Circular Systems in Action: Tulsa Manufacturing
At its Tulsa, Oklahoma manufacturing facility, Botanic Tonics operates a closed-loop recycling system. Materials such as wood, aluminum, cardboard and glass are collected and reprocessed to reduce waste.
Twice per month, Botanic Tonics receives fully recycled, heat-treated wood product pallets used to ship feel free. Those same trucks return carrying used materials, including wood, aluminum, cardboard and glass, keeping them in circulation and out of landfills.
Since 2023, the company reports keeping nearly 179 tons (357,687 pounds) of materials in circulation, including:
71 tons of plastic 60 tons of corrugated cardboard 33 tons of metal 8.7 tons of glass 5.4 tons of wood Extending Earth Day Beyond April 22
In addition to the sweepstakes, Botanic Tonics is encouraging its community to recycle its glass bottles as part of its Earth Day initiative. Every cobalt glass bottle is 100% recyclable, and the company provides an easy step-by-step guide on its website alongside updates from its sustainability operations from the farm in Vanuatu to the facility in Tulsa.
The company states that its approach to sustainability is embedded in its ongoing operations, rather than limited to a single day or campaign.
About Botanic Tonics
Botanic Tonics is a botanical supplement company founded in 2020 and headquartered in Broken Arrow, Oklahoma. The feel free® product line utilizes traditional botanical ingredients to support energy, focus, and mood. The flagship product, feel free CLASSIC®, is a formulation of noble kava root and natural kratom leaf that contains no synthetic ingredients, alcohol, or chemical extracts. Botanic Tonics products are manufactured in an FDA-registered, cGMP-certified facility and undergo third-party testing for consistency and safety. With over 129 million servings sold, the company’s safety protocols are supported by government testing, clinical trials, and medical review. Botanic Tonics provides consumer education regarding the responsible use of botanicals for adults aged 21 and older. Detailed safety data and product information are available at botanictonics.com.
Disclaimer
The statements made in this announcement have not been evaluated by the U.S. Food and Drug Administration. These products are botanical supplements and are not intended to diagnose, treat, cure, or prevent any disease or medical condition. This content is provided for informational purposes only and is not a substitute for professional medical advice, diagnosis, or treatment. feel free CLASSIC contains natural kratom leaf. Like other botanical stimulants, kratom may be habit-forming and carries a risk of dependency if used frequently or in high doses. Individuals with a history of substance use disorder or those currently in recovery should avoid this product. To date, clinical observations of feel free CLASSIC consumed according to recommended serving sizes have not indicated serious physical or social harm; however, individual responses to botanicals vary significantly. Strictly not for sale to or consumption by individuals under 21 years of age. Botanicals may interact with prescription and over-the-counter medications, particularly those metabolized by the liver. Consult a licensed, qualified healthcare professional before use to assess personal risk. Always follow the serving sizes listed on the packaging. For comprehensive safety data, third-party lab results (COAs), and further guidance, visit our Consumer Education page.
Scouted selects products independently. If you purchase something from our posts, we may earn a small commission.
As spring ushers in a season of resets, consumers are rethinking their drinking habits—seeking ways to scale back on alcohol without sacrificing the social ritual. Functional beverages are a great zero-proof alternative to spirits, offering a gentle mood boost sans the side effects. Kava Haven is a non-alcoholic spirit with a flavor profile that hits like a lemon drop shot with a ginger kick.
It’s crafted with noble kava (a South Pacific plant root used to promote relaxation), white grape juice concentrate, and a blend of vanilla, ginger, lemon, and cardamom extracts—all with no added sugar. Drink it straight to savor the strong, smooth flavor, on the rocks for a refreshing twist, or swap it in for traditional spirits in your favorite cocktails.
Plus, if you need some mocktail inspiration, Kava Haven has recipes on its site. And since it’s non-alcoholic, you can skip the electrolytes, painkillers, and the hours of couch recovery the next morning.
An independent 22-day observational study found that people who drank Kava Haven reported lower stress and reduced overall alcohol consumption. Anecdotally, users have reported a noticeable sense of calm that eased social interactions. While the research was observational rather than clinical, the consistency of responses echoed what many customers report anecdotally: Kava Haven can promote a sense of calm while serving as a satisfying alternative to alcohol.
SBI announced it will acquire cryptocurrency trading platform Bitbank for 46.7 billion yen.
According to Nikkei News, Japanese financial group SBI Holdings announced on the 25th that it will acquire cryptocurrency exchange platform bitbank for 46.7 billion yen (approximately $288 million). Upon completion of the transaction, SBI Group’s crypto asset custody scale is expected to exceed 1 trillion yen, making it one of the largest operators in Japan’s crypto industry. Per the plan, a subsidiary under SBI Holdings will acquire Bitbank shares from individual shareholders including its founders as early as August this year. Bitbank will then repurchase shares held by existing shareholders MIXI and Ceres by the end of October. If combining data from SBI’s own crypto exchange SBI VC Trade and Bitbank, as of April this year, the two firms had a total of around 2.92 million accounts and total custody assets of approximately 1.1 trillion yen. While different crypto exchanges disclose custody assets at varying time points, among Japan’s major industry competitors, bitFlyer held about 960 billion yen in custody assets as of the end of December 2025, and Coincheck had around 800 billion yen as of the end of March 2025.
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Bithumb was fined for sharing user data overseas without consent.
South Korean regulatory authorities have ordered cryptocurrency exchange Bithumb to pay a 210 million won (approximately $136,000) fine for sharing user personal information with overseas platforms without user consent. According to an announcement released Thursday by South Korea’s Personal Information Protection Commission (PIPC), the relevant user data exposure occurred between September and November 2025. At that time, Bithumb transferred user information to overseas platforms while sharing its USDT market order book data. The PIPC also noted that when assisting users with asset transfers to 13 overseas exchanges, Bithumb failed to obtain full and sufficient user consent before sharing personal details including names, wallet addresses, and dates of birth. For the two violations, the PIPC not only imposed the fine but also ordered Bithumb to rectify its processes and management systems related to cross-border transmission of user information.
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Analyst: SK Hynix’s US listing and fund-raising could trigger a valuation re-rating.
According to Bloomberg, SK Hynix is set to issue American Depositary Receipts (ADRs) on the Nasdaq on July 10. The listing aims to raise nearly $30 billion, making it one of the largest ADR issuances in history. Market participants widely believe the move will significantly expand its global investor base and may drive a valuation re-rating. Multiple asset management firms project that if its valuation converges with Micron Technology’s, its share price could rise by 30% over the next year. One fund manager noted that SK Hynix should trade at a valuation at least on par with Micron, as demand for memory chips is likely to outpace supply for years to come. The listing comes amid an unusually strong boom in the memory chip sector. Shares of Micron, SK Hynix, and Samsung Electronics have all surged over 200% this year, marking their best annual performance in decades. Demand for High Bandwidth Memory (HBM) from AI servers is widely seen as the driver of a structural "memory supercycle".
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Jefferies: Samsung is likely to follow SK Hynix’s example to list in the US via ADRs.
Jeff Kim, Head of Research at Jefferies, said Samsung is likely to follow SK Hynix in listing on the U.S. market via American Depositary Receipts (ADRs), which will boost the share price of the South Korean chipmaker whose valuation lags behind Micron. "Chip stocks are at a turning point. ADRs will serve as an important catalyst to drive their valuations," he added.
PANews reported on April 19 that Curve Finance stated on its X platform that due to an attack on the LayerZero infrastructure related to rsETH, it has suspended its LayerZero cross-chain function as a precaution until the root cause of the problem is clarified.
The impact of this adjustment includes:
CRV cross-chain bridges from chains such as BNB Chain, Sonic, Avalanche, Fantom, Etherlink, and Kava (other chains still use native bridges). fast cross-chain bridging for crvUSD is paused (slow bridging for L2 is still available). Curve stated that it will decide whether to restore the relevant functions after further clarifying the cause of the incident.
Saturday, April 20 — The LayerZero cross-chain bridge for rsETH (a liquidity re-staking token from Kelp DAO) was hacked, marking the largest DeFi hack of 2026 to date. The attacker forged LayerZero cross-chain messages to withdraw 116,500 rsETH directly from the bridge contract, then deposited the tokens into Aave and other lending platforms to borrow WETH—creating significant uncollateralized bad debt risk. Below is a roundup of responses from major DeFi protocols to the rsETH hack: Aave has shared an update on the rsETH incident: rsETH on the Ethereum mainnet is fully collateralized. The token remains frozen on Aave V3 and V4, while WETH reserves are frozen in affected markets including Ethereum, Arbitrum, Base, Mantle, and Linea. Aave is actively verifying details and evaluating potential resolutions. Ethena has officially extended the suspension period for its LayerZero OFT cross-chain bridge. Additionally, the protocol released updated reserve proofs confirming its USDe stablecoin maintains a collateralization ratio above 100%. LayerZero stated it has fully grasped the rsETH vulnerability and has been collaborating with the Kelp DAO team on fixes since the hack occurred, while continuously monitoring the situation. All other applications remain secure, and the protocol will publish a comprehensive post-incident analysis report alongside Kelp DAO once all relevant information is compiled. Fluid announced the launch of its aWETH redemption protocol, which enables ETH borrowers to: redeem for wstETH or weETH (restoring liquidity immediately and reducing liquidation risk); redeem in full if they only borrowed ETH; or seamlessly convert ETH collateral to wstETH/weETH while keeping other debts intact. The protocol’s initial capacity is capped at $1 billion worth of ETH. Morpho has temporarily suspended its MORPHO LayerZero OFT cross-chain bridge on Arbitrum until the root cause of the rsETH incident is identified. The protocol noted its smart contracts are secure and operating normally; risk exposure is limited (only ~$1 million worth of ETH was borrowed using rsETH as collateral, spread across two isolated markets out of thousands total). Thanks to Morpho’s fully isolated market design, all other vaults remain unaffected. Curve Finance announced it has suspended its LayerZero infrastructure, impacting: CRV bridging from BNB, Sonic, Avalanche, Fantom, Etherlink, and Kava (bridging from other chains still uses native bridges); and crvUSD quick bridging (L2 slow bridging remains operational). Reserve issued an official update: Its DTF holders are unlikely to be affected. RSR stakers in the Reserve Protocol’s USD3 and eUSD may qualify for "first-loss capital" protection, though the impact is minimal and RSR’s overcollateralization is sufficient to cover any potential losses. ETH+ and bsdETH contain no rsETH collateral, making them zero-risk. As a precaution, Reserve has temporarily paused minting, rebalancing, and RSR unstaking for eUSD and USD3—redemption functionality remains operational. Maple Finance stated all USDT provided on Aave Mantle using syrupUSDT has been withdrawn. Its syrupUSDC and syrupUSDT products are not impacted by the rsETH exploit. Polygon has been actively monitoring the rsETH exploit. The Polygon chain, Agglayer, and entire ecosystem (including Katana and Vaultbridge) have not been impacted by the incident. EtherFi announced its protocol’s liquidity pool remains unaffected by the Kelp rsETH exploit, and pool users will not suffer any fund losses. Hyperliquid’s DeFi project Hyperwave announced it has temporarily suspended all LayerZero bridging of Hyperwave assets as a precautionary measure.
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Analysis: Bitcoin miners face profit pressure, with around 20% of mining firms now operating below the break-even point.
Bitcoin miners' revenue continues to decline, with the current 7-day average daily income dropping to around $30 million, a notable pullback from the over $50 million level seen last summer. Meanwhile, on-chain transaction fee revenue has fallen to less than $250,000, accounting for an extremely small share of miners' total income. Data from JPMorgan Chase shows the average production cost is approximately $78,000, and Bitcoin’s price has remained below this level for five consecutive months — the longest such stretch in the current cycle. An estimated 20% of miners are already operating at a loss; some high-cost miners have begun frequently powering their mining rigs on and off in response to price fluctuations, leading to a stronger correlation between network hash rate difficulty and Bitcoin’s price. Additionally, Bitcoin’s mining difficulty was adjusted down by roughly 10% in the second week of June, marking the second pullback of the same magnitude this year. Publicly listed mining companies, meanwhile, are relying more on their balance sheets to sustain operations, selling over 32,000 BTC in the first quarter alone to cover operating costs. Analysts note that against the backdrop of continuously shrinking block subsidies and stagnant fee revenue, a recovery in miners’ profits will primarily depend on a rise in Bitcoin’s price.
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Japan and South Korea's stock markets opened higher, with South Korea's KOSPI index rising 2.9% and SK Hynix surging 11%.
According to Bitget market data, the Nikkei 225 index opened 1.4% higher at 70114.09. South Korea’s KOSPI index rose 2.9%. South Korean stocks SK Hynix gained 11%, while Samsung Electronics rose 5%.
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Trader Maji was liquidated on his 25x leveraged long Ethereum position, incurring $1.9 million in losses, and subsequently opened a new position.
According to monitoring by OnchainLens, Stanley Huang, known as "Machi Big Brother" (@machibigbrother), has had his 25x leveraged long Ethereum (ETH) position fully liquidated, incurring a loss of approximately $1.9 million. Notably, he opened a new 25x leveraged long ETH position immediately after the liquidation. Machi Big Brother’s cumulative historical losses exceed $35.4 million.
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Micron posted strong quarterly results, with its quarterly revenue and next-quarter outlook significantly exceeding market expectations. Its stock surged nearly 16% in after-hours trading, driving a broad rally across the storage sector.
According to its official financial report, Micron Technology (MU.O) reported Q3 fiscal 2026 revenue of $41.456 billion, beating market expectations of $35.423 billion and surging from $9.301 billion in the year-ago period. The company issued Q4 fiscal revenue guidance of $50 billion, against market expectations of $42.915 billion. Micron CEO Sanjay Mehrotra stated: "Micron’s record-breaking Q3 fiscal financial results and stronger Q4 outlook reflect the strategic value of memory chips in the AI era. We believe our multi-year strategic customer agreements will significantly enhance the durability and predictability of Micron’s strong financial performance." Micron’s Q3 report showed net profit of $28.24 billion, or $24.67 per share, up from $1.89 billion, or $1.68 per share, in the same period last year. Excluding certain one-time items, Micron reported adjusted earnings per share (EPS) of $25.11, exceeding analysts’ consensus estimate of $20.86. Driven by the quarterly revenue and outlook that topped expectations, as of press time, Micron jumped 15.95% in post-market trading on the U.S. stock market, also lifting other memory stocks sharply: Seagate (STX) rose 10.21%, Western Digital (WDC) gained 12.31%, and SanDisk (SNDK) surged 15.77%.
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Kalshi is reportedly seeking a new round of financing, with its valuation potentially rising to $40 billion.
According to a report from the U.K.’s Financial Times, prediction market platform Kalshi is in discussions with investors for a new funding round targeting a roughly $40 billion valuation, with a potential close as early as the third quarter of this year. The development follows Kalshi’s $1 billion financing round completed last month, which valued the firm at $22 billion, with backers including leading institutions such as Coatue, Sequoia Capital, Andreessen Horowitz, and Morgan Stanley. Data shows Kalshi’s trading volume last month surpassed $17 billion, a sharp jump from less than $5 billion a year prior, with approximately 65% of that volume stemming from sports-related prediction contracts.
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Polymarket integrates with Telegram via TON, enabling users to participate in prediction markets directly within the messaging app.
Polymarket has been integrated into Telegram via Predict, a native decentralized application (dApp) of the TON ecosystem. Developed by the Getgems team, the app allows users to directly participate in prediction markets covering sports, politics, cryptocurrency, culture and other sectors within Telegram. Transaction results are settled on-chain, and users retain full control over their assets. Users can participate in trades using USDT on the TON network, and pay a small amount of GRAM for gas fees. The cross-chain infrastructure is powered by STON.fi’s Omniston protocol, enabling the prediction market service to seamlessly integrate into the Telegram ecosystem.
With the announcement of HARD.fun, the first decentralized memecoin creation platform in the market, Kava, the open-source, non-custodial DeFi ecosystem, has opened the door for the entire cryptocurrency community to realize their memetic visions.
An overwhelming majority (more than 80%) of holders of Kava Lend’s governance token, HARD, voted in favor of the proposition, which led to the introduction of HARD.fun’s. It is intended to serve as the world’s first memecoin launchpad, embodying the core principles of cryptocurrency itself: enjoyable, community-led movements that distribute their gains back to their owners.
Although memecoin launchpads are not new, the most well-known ones—Moonshot, Pump.fun, and Gra.fun—are all centralized initiatives run by their inventors that provide no assistance to memecoin communities. A decentralized version that guarantees the value of memecoins is appropriately dispersed among their communities is desperately needed, and HARD.fun will fulfill that requirement.
AI brings your memecoins to life The recently released Kava AI chatbot, which can directly query the Kava Chain as well as any EVM and Cosmos-based network, may completely automate the process of breaking down the hurdles to memecoin creation, which is one of HARD.fun’s main goals. All users need to do is instruct the chatbot on the kind of token they want to produce and the necessary variables, and the platform will generate it instantly on the blockchain of their selection.
This is significant because the finest ideas, not the best codebase, are the foundation of the most successful memecoins. For the most creative ideas to be realized, HARD.fun wants everyone to be able to mint a memecoin.
HARD.Fun’s AI integration will eventually do much more than only make creating memecoins easier; it will also make marketing possible. Users will be able to develop AI-based agents that can automatically tweet news and updates by using Kava AI’s access to the whole Kava Chain user base. This makes them an invaluable tool for community management. Additionally, there are a ton of upcoming AI improvements for memecoin developers.
Another important objective of HARD.fun is accessibility. Creators will be able to introduce memecoins that span the Ethereum, Cosmos, IBC, and Kava EVM ecosystems by using Kava Chain’s interoperable cross-chain bridge. Later, BNB Chain, Solana, Tron, and other ecosystems will be able to join the mix. The goal of HARD.fun is to make memecoins accessible to the general public, and every token that is introduced on the platform will ultimately be able to be traded on each of those networks.
HARD.fun is a community-run platform that uses a decentralized governance approach that gives everyone a voice in the platform’s and its memecoins’ future, as well as a new reward-sharing scheme that guarantees memecoin token holders profit from the success of their projects. In addition to voting on the long-term objectives and features of the HARD.fun platform itself, users will have the ability to choose the tokenomics of specific memecoins.
By giving HARD token holders more uses, HARD.fun generates a positive feedback loop of community benefits that will raise transaction volume, improve demand, and strengthen HARD’s value in the long run.
With platforms like Pump.fun and Moonpay speeding up Solana’s development and Gra.fun and Sun Pump attracting more people to BNB Chain and Tron, the popularity of memecoins has played a significant role in the success and growing uptake of blockchains.
With each successful token launch, HARD.fun, the first community-run memecoin platform, will contribute to the substantial expansion and modification of Kava Chain, enhancing its significance. Those with the most creative ideas will benefit greatly from the next generation of memecoins, which will reward users and pioneer the use of AI chatbots to remove friction.
This week’s crypto calendar is packed with major events, including significant token unlocks across multiple ecosystems and the launch of Aptos’ staking exchange-traded product (ETP). Additionally, FTX victims are closely watching for anticipated settlements.
These developments are likely to increase volatility, particularly for ecosystem-specific tokens, urging traders and investors to adjust their strategies accordingly.
Avalanche, Oasis Network, Cardano UnlocksBeInCrypto reported that several ecosystems have token unlock events lined up for the week. Key mentions include the Avalanche, Oasis, and Cardano, expected to unleash 1.67 million AVAX, 176 million ROSE, and 18.53 million ADA tokens, respectively.
Taken together, these three events make up unlocks worth approximately $90 million between Monday and Thursday. Of note is that all these events will constitute cliff unlocks, which increase the chances of significant price impacts. Meanwhile, investors typically view token unlocks as bearish catalysts since they increase token supply, potentially outpacing demand.
Token Unlocks This Week. Source: TokenomistBitwise’s Aptos Staking ETP LaunchBitwise Asset Management is set to launch the Aptos Staking ETP (APTB) on the Swiss exchange SIX on Nov. 19, marking a major step in the crypto asset investment landscape. As the first Aptos Staking ETP, it demonstrates Bitwise’s commitment to expanding investment opportunities. APTB targets both institutional and retail investors, providing daily liquidity on the exchange with potential returns of approximately 4.7% after fees through staking.
Bitwise Aptos Staking ETP, APTB. Source: BitwiseFTX Settlements HearingsBankrupt cryptocurrency exchange FTX has secured significant settlements pending court approval, with a hearing set for Wednesday, November 20. The potential milestones, with Evolve Bank and the Silicon Valley Community Foundation (SVCF), could enable FTX to recover up to $21 million in assets, positioning it among the top crypto news this week.
These pending developments represent FTX’s efforts to maximize creditor recovery. The settlements highlight the firm’s strategy of negotiating asset returns and sidestep lengthy and costly litigation.
In its agreement with Evolve Bank, FTX will recover approximately $12.77 million from three accounts tied to West Realm Shires Services Inc., an FTX affiliate. Meanwhile, the bank will retain $462,698.65 for indemnification. As part of the deal, Evolve Bank has waived all potential claims against FTX, including indemnity and legal expenses under their prior agreement.
Similarly, FTX has reached a settlement with SVCF to recover $8.57 million and 34,208.70 FTT tokens. Former FTX executives Nishad Singh and Caroline Ellison originally donated these assets, with the foundation selling a portion before FTX’s collapse.
By agreeing to return the remaining funds and tokens, SVCF avoids litigation while FTX secures another step toward its recovery goals. Both settlements reflect FTX’s methodical approach to reclaiming funds amid its bankruptcy proceedings.
Kava 17 Mainnet UpgradeAnother top crypto news story this week is the voting period for the Kava 17 mainnet upgrade ending on November 20, which is expected to pass with a 99.47% approval so far.
It entails the deployment to Kava Mainnet at height 12766500 around 15:00 UTC on November 21. In this upgrade, the low-level data structure is updated to IAVL V1, an upgraded data format for the low-level storage of application data in the Kava blockchain.
Kava Upgrade Proposal Vote. Source: MintscanThe change in format results in much more chain performance synchronization and greatly reduces the storage footprint required for Kava nodes.
Lisk Airdrop CampaignLisk airdrop also makes it to the list of top crypto news this week. As BeInCrypto reported, Lisk launched its mainnet and airdrop campaigns with 15 million LSK tokens on November 12. The campaign, expected to start on November 21, will set the pace for an App Bounty Quest campaign that will launch towards the end of the year.
Meanwhile, the first season of the airdrop will run for four months. It incentivizes new users and builders to engage with Lisk’s blockchain ecosystem. In alignment with this effort, Lisk is implementing a comprehensive plan reflecting its past year’s progress through strategic partnerships and various programs. This launch represents a new phase for Lisk, and the results will be closely monitored.
Airdrop participants can earn points by completing a range of activities on the Lisk Portal. The number of tasks completed is directly proportional to points earned. It will determine the total LSK tokens received at the end of the campaign period.
Zero1 Labs v2 Token UnveilZero1 Labs, an innovative AI project making significant strides in artificial intelligence (AI), will unveil its V2 token on November 20.
“A bold step forward for the only community-run and launched AI ecosystem. DEAI will be the primary asset driving decentralized AI, supporting both Cypher Chain and Cypher Nodes. The first PoS chain with fully homomorphic encryption, purpose-built for AI,” the team shared on X (formerly Twitter).
Further, the Zero1 Labs team said it would not partner with the Artificial Superintelligence Alliance (ASI). It is taking a different path from peers like Cudos (CUDOS) and Injective (INJ). Notably, the debut will coincide with Nvidia’s third quarter (Q3) earnings, positioning its native token, DEAI, for volatility.
Announcements Sei's recent upgrade to v6.4 included the mechanism to disable the transfer of IBC assets. If you hold Kava USDT on Sei, here's what's next
As of today, there is approximately $145k in USDT bridged from Kava on Sei Network. If you hold any Kava USDT, you should swap or bridge it out before the governance proposal to disable inbound IBC transfers passes.
This is part of the broader SIP-3 transition for upgrading the Sei Protocol into an EVM-only chain. To clarify: v6.4 has only shipped the protocol-level ability to disable inbound IBC transfers, but holders should bridge or swap now.
Once the follow-on governance proposal activates this change, Cosmos-native assets like Kava USDT will no longer be bridgeable into Sei, and holders may lose access to their assets.
If you're a holder of Kava USDT on Sei, here are your options:
SwapYou may be able to swap your Kava USDT for an EVM-native stablecoin using Sapyhre or Symphony. Slippage may vary depending on market conditions and liquidity. The mention of these platforms do not constitute an endorsement, and users should do their own research before using any third-party service.
Bridge outYou can bridge your Kava USDT back to the Kava chain using a frontend like Skip:Go. From there, you can use the asset natively or bridge to another chain. The mention of this platform does not constitute an endorsement, and users should do their own research before using any third-party service.
For suppliers of Kava USDT on DeFi protocolsIf you have Kava USDT supplied on any DeFi protocol on Sei, you should first wind down those positions and withdraw them before swapping or bridging out. Failure to do so before the governance change may result in the inability to access your supplied assets.
Questions?If you have questions about how to migrate your Kava USDT, check the SIP-3 migration guide or join the Discord.
