ESTERO, Fla.--(BUSINESS WIRE)--Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”), a leading global rental car company, today announced that its wholly-owned indirect subsidiary, The Hertz Corporation (“Hertz Corp.”), has priced an offering of $350 million aggregate principal amount of 6.75% Exchangeable Senior First-Lien Secured PIK Notes due 2030 (the “Notes”) in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). Hertz Corp. also granted the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days from, and including, the date the Notes are first issued, up to an additional $50 million aggregate principal amount of Notes. The aggregate principal amount of the offering was increased from the previously announced offering size of $300 million. The offering is expected to close on or about June 29, 2026, subject to customary closing conditions.
Hertz Corp. estimates that the net proceeds from the issuance of the Notes, after deducting the initial purchasers’ discount but before estimated offering expenses payable by Hertz Corp., will be approximately $339.5 million (or approximately $388.0 million if the initial purchasers exercise in full their option to purchase additional Notes). Hertz Corp. intends to use the net proceeds from the issuance of the Notes to repay outstanding borrowings under its revolving credit facility and for general corporate purposes.
The Notes will bear interest from, and including, June 29, 2026, the issue date of the Notes, payable semi-annually in arrears on January 1 and July 1 of each year, beginning on January 1, 2027. Each payment of interest on the Notes (excluding any additional interest, special interest and default interest) will consist of (i) 3.375% of such interest payment to be paid in cash and (ii) 3.375% of such interest payment to be paid in the form of PIK interest. The Notes will mature on July 1, 2030, unless earlier repurchased, redeemed or exchanged in accordance with their terms prior to maturity.
The Notes will be exchangeable at any time until the close of business on the second scheduled trading day immediately preceding the maturity date. The Notes will be exchangeable on the terms set forth in the indenture governing the Notes into cash, shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”), or a combination thereof, at Hertz Corp.’s election. The aggregate number of shares of Common Stock that may be issued upon exchange of the Notes may not exceed 19.9% of the number of shares of Common Stock outstanding prior to the offering of the Notes unless and until the shareholders of the Company approve such issuance.
The exchange rate will initially be 279.5248 shares of Common Stock per $1,000 capitalized principal amount of Notes (equivalent to an initial exchange price of approximately $3.58 per share of Common Stock). The initial exchange price of the Notes represents a premium of approximately 32.5% above the public offering price of $2.70 per share of the Borrowed Shares in the concurrent offering of the Borrowed Shares described below. The exchange rate and exchange price will be subject to adjustment upon the occurrence of certain events. If a “make-whole fundamental change” (as defined in the indenture for the Notes) occurs, Hertz Corp. will, in certain circumstances, increase the exchange rate for a specified time for holders who exchange their Notes in connection with that make-whole fundamental change.
Holders of the Notes will have the right to require Hertz Corp. to repurchase all or a portion of their Notes at 100% of their capitalized principal amount of the Notes plus accrued and unpaid cash interest to, but excluding, the date of such repurchase, upon the occurrence of certain corporate events constituting a “fundamental change” as defined in the indenture governing the Notes. Hertz Corp. may not redeem the Notes prior to January 6, 2029. On or after January 6, 2029 and on or prior to the 31st scheduled trading day immediately preceding the maturity date, if the last reported sale price per share of Common Stock has been at least 130% of the exchange price for the Notes for certain specified periods, and certain other conditions are satisfied, Hertz Corp. may redeem all or any portion (subject to certain limitations) of the Notes at a cash redemption price equal to 100% of the capitalized principal amount of the Notes to be redeemed plus accrued and unpaid cash interest to, but excluding, the date of such redemption.
The Notes are expected to be guaranteed by the Company, Rental Car Intermediate Holdings, LLC, Hertz Corp.’s direct parent company, and each of Hertz Corp.’s existing domestic subsidiaries and future restricted subsidiaries that guarantee indebtedness under Hertz Corp.’s first lien credit facilities or certain other indebtedness for borrowed money. The Notes and the related guarantees (other than the guarantee by the Company) are expected to be secured (subject to certain exceptions and permitted liens) on a first-lien basis by the same assets (other than certain excluded property) that secure indebtedness under Hertz Corp.’s first lien credit facilities and existing first lien secured notes, and are therefore expected to be effectively pari passu with indebtedness under Hertz Corp.’s first lien credit facilities and existing first lien secured notes.
The Notes and the related guarantees were offered and sold only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act. The Notes, the related guarantees and any shares of Common Stock issuable upon exchange of the Notes have not been and will not be registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and the securities laws of any other jurisdiction.
Concurrently with the offering of the Notes, Hertz also announced today by separate press release the pricing of a separate registered public offering of 37,037,037 shares of Common Stock at a public offering price of $2.70 per share. Such shares (the “Borrowed Shares”) will be loaned by Hertz to a financial institution (the “Share Borrower”), acting as an underwriter in the offering of the Borrowed Shares, pursuant to a share lending agreement. The Share Borrower or its affiliates will receive all of the proceeds of the concurrent offering of Borrowed Shares and neither Hertz nor Hertz Corp. will receive any of the proceeds of that offering, but the Share Borrower will pay Hertz a nominal lending fee for the use of the Borrowed Shares pursuant to the share lending agreement. The Share Borrower will be required to return the Borrowed Shares (or identical shares of Common Stock) to the Company pursuant to the terms of the share lending agreement. Hertz has been informed by the Share Borrower that it or one of its affiliates intends to sell the Borrowed Shares and use the resulting short position to facilitate transactions by which investors in the Notes may hedge their investments through short sales or privately negotiated derivatives transactions. The activity described above could affect the market price of the Common Stock or the Notes otherwise prevailing from time to time.
This press release is not an offer to sell or purchase, or a solicitation of an offer to sell or purchase, the Notes, the related guarantees, the shares of Common Stock issuable upon exchange of the Notes or the Borrowed Shares and does not constitute an offer, solicitation or sale in any state or jurisdiction in which, or to any person to whom such an offer, solicitation or sale would be unlawful.
The concurrent offering of the Borrowed Shares is contingent upon the closing of the offering of the Notes. The offering of the Notes is not contingent upon the closing of the concurrent offering of the Borrowed Shares.
ABOUT HERTZ
Hertz Global Holdings, Inc. is one of the world’s leading car rental and mobility solutions providers. Its subsidiaries, including The Hertz Corporation, and licensees operate the Hertz, Dollar, Thrifty, and Firefly vehicle rental brands, with more than 11,000 rental locations in 160 countries around the globe. The Company also operates the Hertz Car Sales brand, which offers a range of quality, competitively priced used cars for sale online and at locations across the United States, and the Hertz 24/7 car-sharing business in Europe.
This press release contains “forward-looking statements” within the meaning of the federal securities laws. Words such as “expect,” “will” and “intend” and similar expressions identify forward-looking statements, which include but are not limited to statements related to our positioning, strategy, vision, forward looking investments, conditions in the travel industry, our financial and operational condition, our sources of liquidity, the offering of the Notes, the offering of the Borrowed Shares, the anticipated terms of the Notes and Hertz Corp.’s expected use of proceeds from the proposed offering. We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including risks and uncertainties related to completion of the offering on the anticipated terms or at all, market conditions (including market interest rates) and the satisfaction of customary closing conditions related to the offering, unanticipated uses of capital and those in our risk factors that we identify in the offering memorandum for the offering and our most recent annual report on Form 10-K for the year ended December 31, 2025, as filed with the U.S. Securities and Exchange Commission on February 26, 2026, and any updates thereto in the Company’s quarterly reports on Form 10-Q and current reports on Form 8-K. We caution you not to place undue reliance on our forward-looking statements, which speak only as of their date, and we undertake no obligation to update this information.
ESTERO, Fla.--(BUSINESS WIRE)--Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”), a leading global rental car company, today announced that it has priced a SEC-registered offering of 37,037,037 shares of its common stock, par value $0.01 per share, (the “Common Stock”), at a public offering price of $2.70 per share. Such shares (the “Borrowed Shares”) will be loaned by the Company to J.P. Morgan Securities LLC (in such capacity, the “Share Borrower”), one of the underwriters of the offering of the Borrowed Shares, pursuant to a share lending agreement. The Share Borrower or its affiliates will receive all of the proceeds of the offering of Borrowed Shares and neither the Company nor The Hertz Corporation, the Company’s wholly-owned indirect subsidiary (the “Hertz Corp.”), will receive any of the proceeds of the offering, but the Share Borrower will pay the Company a nominal lending fee for the use of the Borrowed Shares pursuant to the share lending agreement. The Share Borrower will be required to return the Borrowed Shares (or identical shares of Common Stock) to the Company pursuant to the terms of the share lending agreement. The Company has been informed by the Share Borrower that it or one of its affiliates intends to sell the Borrowed Shares and use the resulting short position to facilitate transactions by which investors in the Notes (as defined below) may hedge their investments through short sales or privately negotiated derivatives transactions. The activity described above could affect the market price of the Common Stock otherwise prevailing from time to time. The offering of the Borrowed Shares is contingent upon the closing of a private offering of the Exchangeable Senior First-Lien Secured PIK Notes due 2030 (the “Notes”) that Hertz Corp. priced today. The private offering of the Notes is not contingent upon the closing of the offering of the Borrowed Shares.
The offering of the Borrowed Shares was made by means of a prospectus. Copies of the prospectus may be obtained from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone 1-866-803-9204 or from Barclays Capital Inc, c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 or by phone at 1-888-603-5847.
This press release is not an offer to sell or purchase or a solicitation of an offer to sell or purchase the Borrowed Shares or the Notes, and does not constitute an offer, solicitation or sale in any state or jurisdiction in which, or to any person to whom such an offer, solicitation or sale would be unlawful.
ABOUT HERTZ
Hertz Global Holdings, Inc. is one of the world’s leading car rental and mobility solutions providers. Its subsidiaries, including The Hertz Corporation, and licensees operate the Hertz, Dollar, Thrifty, and Firefly vehicle rental brands, with more than 11,000 rental locations in 160 countries around the globe. The Company also operates the Hertz Car Sales brand, which offers a range of quality, competitively priced used cars for sale online and at locations across the United States, and the Hertz 24/7 car-sharing business in Europe.
This press release contains “forward-looking statements” within the meaning of the federal securities laws. Words such as “expect,” “will” and “intend” and similar expressions identify forward-looking statements, which include but are not limited to statements related to our positioning, strategy, vision, forward looking investments, conditions in the travel industry, our financial and operational condition, our sources of liquidity, the offering of the Borrowed Shares, the offering of the Notes and the anticipated completion and timing of the offering. We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including risks and uncertainties related to completion of the offering on the anticipated terms or at all, market conditions and the satisfaction of customary closing conditions related to the offering, unanticipated uses of capital and those in our risk factors that we identify in the prospectus for the offerings and our most recent annual report on Form 10-K for the year ended December 31, 2025, as filed with the U.S. Securities and Exchange Commission on February 26, 2026, and any updates thereto in the Company’s quarterly reports on Form 10-Q and current reports on Form 8-K. We caution you not to place undue reliance on our forward-looking statements, which speak only as of their date, and we undertake no obligation to update this information.
An Intel Xeon 6 processor. Intel’s stock has surged recently. Technical indicators are still bullish. (Annabelle Chih/Bloomberg)
Looking back at past stock picks is important because it helps investors understand what worked, what didn’t, and why. It turns trading decisions into a learning process by separating skill from luck and highlighting patterns in both good and bad outcomes. Over time, this can improve discipline, sharpen strategy, and lead to more consistent decision-making.
Shares of memory specialist Micron Technology (MU 1.32%) jumped about 16% in after-hours trading on Wednesday, climbing from about $1,049 at Wednesday's close to about $1,215, after the company reported a fiscal third quarter that topped even the most optimistic expectations on Wall Street.
The move snaps a fear-driven artificial intelligence (AI) sell-off that had weighed on chip stocks earlier in the week, and it puts Micron above a $1.2 trillion market capitalization.
No wonder the stock is soaring. The results were incredible.
Micron's fiscal Q3 revenue, for the period ended May 28, 2026, came in at about $41.5 billion. That's up from $23.9 billion in fiscal Q2 and just $9.3 billion in the year-ago quarter -- a 346% year-over-year jump. In addition, Micron's gross margin reached 84.6% on a GAAP basis, and non-GAAP (adjusted) earnings per share hit $25.11.
Topping it all off, all four of Micron's business units -- cloud memory, core data center, mobile and client, and automotive and embedded -- posted higher revenue than both the prior quarter and the year-ago period.
Image source: Getty Images.
A $50 billion outlook, and demand already spoken for The headline number, though, was the outlook. Micron guided fiscal Q4 revenue to $50 billion, plus or minus $1 billion -- well above the $43 billion Wall Street had been modeling.
And the profitability guided was impressive, too. Management said its fiscal fourth-quarter gross margin is expected to climb to about 86%. Additionally, it guided for adjusted earnings per share of $31.00, plus or minus $1.00, for the period.
Meanwhile, the stock's forward price-to-earnings ratio is about 10 -- a remarkably restrained multiple for a company whose top line has more than quadrupled in a year, and one that implies the market is pricing in either a peak in earnings or a sharp deceleration down the road.
What may matter more than the quarter itself, however, is what management said about demand durability.
Micron announced what it called "transformational Strategic Customer Agreements" -- multi-year deals that lock in volume and provide pricing visibility for memory supply. HBM4, built on Micron's 1-beta DRAM technology, is already in high-volume shipments to its lead customer, with qualification samples now going to additional end customers. The 16 signed agreements represent about 20% of Micron's DRAM volume and a third of its NAND volume over the agreement period.
"We believe our multi-year Strategic Customer Agreements will significantly enhance the durability and predictability of Micron's strong financial performance," Micron CEO Sanjay Mehrotra said in the company's fiscal Q3 earnings release.
Today's Change
(
-1.32
%) $
-13.91
Current Price
$
1037.86
For investors who spent the week dumping AI-exposed semiconductors on fears of peaking demand, the report is a clean rebuttal.
Micron's cloud memory business unit, the most direct AI proxy in the company's portfolio, grew revenue from $3.39 billion a year ago to $13.77 billion, and its operating margin hit 78%. The core data center unit grew even faster, with revenue up more than sevenfold year over year. None of this looks like the profile of a market getting ready to roll over.
Of course, this doesn't mean there aren't risks to both Micron stock itself and the overall AI trade. Note that Micron's capital expenditures climbed to $7.1 billion in fiscal Q3 alone as it races to bring new HBM capacity online. And the memory business has always been cyclical, with customers prone to over-ordering when supply is tight and canceling when it isn't.
With that said, the Strategic Customer Agreements are notable. But their terms haven't been disclosed, so there's uncertainty surrounding exactly what this means.
Overall, however, the central question the market was asking heading into this report was whether AI memory demand was peaking. The combination of $50 billion in next-quarter revenue, an 86% gross margin, and multi-year agreements that provided contracted supply assurance across meaningful portions of DRAM and NAND is hard to read as anything but a no. For the broader AI trade, that's a meaningful data point -- and probably a relief.
Asian markets rediscovered their appetite for risk on Thursday, helped by a fresh reminder that the AI trade still has hard earnings behind it.
Strong updates from Micron and Qualcomm steadied nerves after a bruising bout of volatility in chip shares, pushing investors back into Japan and South Korea’s technology-heavy markets.
The rebound was powerful, but not carefree. Oil’s retreat helped ease inflation anxiety, while a stronger dollar and a fragile yen kept the interest-rate debate firmly in view.
MSCI’s broad index of Asia-Pacific shares outside Japan rose 1.3% in early trading, while Japan’s Nikkei advanced more than 2%.
South Korea’s KOSPI jumped 5.5%, extending its position as one of the world’s strongest markets this year.
The catalyst came from the chip sector. Micron said customers had committed $22 billion for memory chips, a signal that AI-related demand remains firm despite concerns over stretched valuations.
Qualcomm added to the mood by targeting $15 billion in data centre sales by 2029, strengthening the case that AI spending is moving beyond a narrow group of winners.
Analysts said the results offered a badly needed reset for sentiment after recent selling.
Still, they warned that the rally may need more than one strong earnings cycle to quiet doubts about valuations, debt-funded AI infrastructure spending and future returns.
Energy markets moved in the opposite direction. Brent slipped to $73.34 a barrel, while West Texas Intermediate fell to $70.07 as stranded tankers began leaving the Strait of Hormuz.
The resumption of traffic has reduced the fear premium built into crude during the US-Israel conflict with Iran.
Cheaper oil could help cool some inflation pressure, especially after weeks in which energy risks had complicated the outlook for central banks.
The relief, however, is not complete. Traders remain cautious because the peace process is still fragile and shipping flows through the Gulf are not yet fully normal.
The next test is US inflation. Thursday’s personal consumption expenditures report is expected to show core prices rising 0.3% in May, with the annual rate at 3.4%.
Headline inflation is forecast at 4.1% year-on-year.
That keeps the Federal Reserve under pressure and has helped lift the dollar. The yen traded around 161.73 per dollar, close to levels that could prompt fresh concern in Tokyo.
A break beyond 161.96 would push the currency to its weakest level since 1986.
Gold also felt the squeeze from higher rate expectations and dollar strength, slipping below $4,000 an ounce for the first time this year.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
The SpaceX IPO removed Rocket Lab's scarcity premium but left revenue growth, backlog expansion, and Neutron milestones intact. Rocket Lab's opportunity lies in becoming the second strategic launch provider rather than directly competing against SpaceX. Growing defense programs, sovereign initiatives, and satellite constellations could expand demand beyond current industry supply capacity.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In FS KKR Capital To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in FS KKR Capital between May 8, 2024 and February 25, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
New York, New York--(Newsfile Corp. - June 24, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against FS KKR Capital Corp. ("FS KKR Capital" or the "Company") (NYSE: FSK) and reminds investors of the July 3, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) the Company overstated the effectiveness of its portfolio restructuring efforts for its nonaccrual companies; (2) the Company overstated the valuation of its portfolio investments and/or overstated the effectiveness of the Company's portfolio valuation process; (3) the Company overstated the durability of its quarterly distribution strategy; and (4) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding FS KKR Capital's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the FS KKR Capital Corp. class action, go to www.faruqilaw.com/FSK or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Frequently Asked Questions (FAQ) for Investors Regarding the FS KKR Capital Corp. Securities Class Action Lawsuit:
What is the FS KKR Capital securities fraud lawsuit about?
The FS KKR Capital securities fraud lawsuit is a federal securities class action alleging that FS KKR Capital Corp. (NYSE: FSK) and its executives made false and misleading statements to investors by overstating the effectiveness of its portfolio restructuring efforts for nonaccrual companies, overstating the valuation of its portfolio investments, and overstating the durability of its quarterly distribution strategy. As the truth emerged through a series of disclosures — including an August 6, 2025 report revealing a 6.2% decline in net asset value, a $474 million drop in total fair value of investments, and a loss per share of negative $0.75, followed by a February 25, 2026 announcement of further NAV deterioration, an additional $406 million decline in investment fair value, a dividend cut from $0.70 to $0.48 per share, and an acknowledgment that identified problem companies accounted for only 50% of net realized and unrealized losses — FSK's stock price dropped sharply, causing significant losses for investors.
Who may be eligible to participate in the FS KKR Capital class action lawsuit?
Investors who purchased or acquired FS KKR Capital Corp. (FSK) stock between May 8, 2024 and February 25, 2026 — the Class Period — and suffered financial losses may be eligible to participate in the FS KKR Capital securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former FS KKR Capital employees, and others with relevant information about the Company's conduct are also encouraged to come forward.
What is a lead plaintiff, and how can I seek appointment in the FS KKR Capital lawsuit?
A lead plaintiff in the FS KKR Capital class action is a court-appointed investor — typically the one with the largest financial interest in the case — who directs and oversees the litigation on behalf of all class members. Any FS KKR Capital investor who purchased FSK stock during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is July 3, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.
What should investors do if they purchased FS KKR Capital stock during the Class Period?
Investors who purchased FS KKR Capital Corp. (FSK) stock between May 8, 2024 and February 25, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the FS KKR Capital securities class action is July 3, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/FSK for more information.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302717
Source: Faruqi & Faruqi LLP
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
On June 24, 2026, Quest Diagnostics Inc (DGX) shares rose 3.0% today, currently trading at $203.11. This performance places the stock well within its 52-week ra
Turbo Charge your Bitcoin is a 6-week joint campaign between Bedrock and The Deep. This initiative unlocks massive yield opportunities for Bitcoin holders on the Base network, supported by 60,000 $OP in rewards from Uniswap Growth.
Our goal is simple: Make Bitcoin restaking and liquidity farming accessible for everyone while expanding Bedrock’s BTCFi footprint across the Base ecosystem.
Turbo Charge your Bitcoin is an incentive program designed to deepen liquidity for the uniBTC/cbBTC pair. By participating, users help strengthen the Bitcoin ecosystem on Base while earning substantial rewards.
Participants can trade, provide liquidity, and earn OP rewards through:
Pool: uniBTC/cbBTC on UniSwap
Network: Base
Total Rewards: 60,000 $OP
Campaign Page: Merkl
Rewards will be distributed directly through Merkl’s frontend.
Participants earn rewards by providing liquidity to the uniBTC/cbBTC pool on Uniswap. Rewards are calculated off-chain and distributed weekly via Merkl based on your share of liquidity.
Step-by-step:
Get Ready: Ensure you have uniBTC or cbBTC on the Base Network.
Need uniBTC? Mint directly on Base via the Bedrock DApp.
Bridging? Use the Bedrock Bridge (secured by Chainlink CCIP) to move uniBTC or brBTC to Base.
Provide Liquidity: Go to the uniBTC/cbBTC pool on Uniswap (or via the Merkl campaign page).
Start Earning: Earn OP rewards proportional to your liquidity contribution.
Claim Rewards: Visit Merkl to track and claim your rewards weekly.
Note: You can track your rewards through Merkl and manage your positions directly through Uniswap’s interface.
👇 Join the campaign and become part of Bedrock's growing multi-chain BTC community!
Q: How to mint uniBTC on Base?
You can mint uniBTC directly on Base using the official Bedrock dApp.
Q: Do I need to use a specific bridge?
Yes. Use the official Bedrock dApp to bridge uniBTC between Ethereum and Base. Transfers are secured by Chainlink CCIP.
Q: Where will rewards be distributed?
Rewards are distributed weekly through Merkl’s frontend.
Q: What assets can I use to provide liquidity?
You need uniBTC and cbBTC to provide liquidity in the pool.
Q: How long will the campaign last?
The campaign runs for 6 weeks, from Jan 12 - Feb 23, 2026.
Q: Who can join?
Anyone holding uniBTC and cbBTC on Base can participate. There are no minimum deposit requirements.
Q: How can I unstake my uniBTC?
Head to the Bedrock dApp and select the Unstake tab. Please note that native withdrawals typically take up to 8 days to process.
Q: Is there a guide for Base?
Yes. Check out our Base Expansion Guide: Here
About Bedrock
Bedrock is the first multi-asset liquid restaking protocol, pioneering Bitcoin staking with uniBTC. As the leading BTC liquid staking token, uniBTC enables holders to earn rewards while maintaining liquidity, unlocking new yield opportunities in Bitcoin's $1T market. With a cutting-edge approach to BTCFi 2.0, Bedrock is redefining Bitcoin's role in DeFi, while integrating ETH and DePIN assets into a unified PoSL framework.
Bedrock continues to expand across chains. Following its recent BR deployment to Solana, Bedrock has now brought uniBTC to the network, further broadening access to BTC-backed yield opportunities. This move is part of a wider push to bring Bedrock to more ecosystems in the months ahead.
Official Links
Website | App | Documentation | Blog | X (Twitter) | Discord | Telegram
A whale who netted $13.68 million from shorting 16 altcoins is suspected of selling 6,855.13 ETH.
According to on-chain analyst Ai Yi (@ai_9684xtpa), the Hyperliquid whale who once shorted 16 altcoins and pocketed $13.68 million in profits has started selling ETH. Five hours ago, during the market rebound, he deposited 6,855.13 ETH tokens worth $11.02 million into Binance, an action suspected to be for sale. These tokens were accumulated between February and March this year at an average price of $1,991 each; selling them would incur a loss of $2.625 million.
3 minutes ago
Strategy’s unrealized losses on its Bitcoin holdings have widened to $12.6 billion.
According to HTX market data, Bitcoin has dropped 3.13% over the past 24 hours, currently trading at $60,775. Strategy’s Bitcoin holdings are currently facing an unrealized loss of 19.7%, amounting to roughly $12.6 billion. As of June 21, Strategy holds a total of 847,363 Bitcoins, with a total cost of $64.1 billion and an average holding cost of $75,651 per Bitcoin.
3 minutes ago
Top 1 On-Chain Liquidation: ETH Bull Whale Hit With 4 Consecutive Forced Liquidations, $14.11 Million in Positions Liquidated
According to Hyperinsight monitoring, today’s largest liquidation on the Hyperliquid platform involved a high-leverage Ethereum (ETH) long whale. The address opened a long position yesterday when ETH was trading at roughly $1,661, and immediately incurred losses after entry. Triggered by ETH’s short-term dip below $1,600 in the early hours of today, the whale faced four consecutive liquidations, resulting in the forced closure of a total of 8,734 ETH positions valued at approximately $14.11 million. The address now holds less than $150,000 in remaining funds, with all positions fully cleared. Address: 0x1cb0b187c14a8c0fb36ca0dcbb775dcc7f02b408
3 minutes ago
A certain on-chain address opened long positions in BTC, ETH, and silver, and purchased $10.699 million worth of BTC and ETH spot.
According to on-chain analyst Ai Yi (@ai_9684xtpa)’s monitoring, address 0x960…3f0fc simultaneously went long on both futures and spot positions this early morning, opening long positions of 102.55 BTC, 954.38 ETH, and 8,790 silver units, with total position value around $8.29 million. It also purchased spot BTC and ETH worth approximately $10.699 million. Its current take-profit levels are set at $63,000 for BTC and $1,650 for ETH.
3 minutes ago
A whale that reaped over $23.77 million in profits from the Basic Attention Token (BAT) ICO has reawakened after six years of dormancy, offloading 12,600 ETH in the past two days.
According to monitoring by EmberCN, a whale address that participated in the BAT ICO in 2017 and generated approximately $23.77 million in total profits has started selling ETH recently after six years of inactivity. Over the past two days, the address has sold 12,586 ETH, receiving 20.59 million USDS in exchange, at an average selling price of roughly $1,636. The whale invested 17,789 ETH in the BAT ICO in May 2017, acquiring around 113.8 million BAT. It then sold BAT gradually over approximately two and a half years at an average price of $0.245, netting about $23.77 million in profits, with some of the BAT converted into 27,586 ETH. Since then, the ETH has remained inactive for a long time until it resumed reducing its holdings recently. Currently, the address still holds around 15,000 ETH, valued at approximately $24.29 million.
3 minutes ago
Japanese storage firm Kioxia plans to list American Depositary Receipts (ADRs) in the U.S. in April or May next year.
Market news: Japanese storage chip maker Kioxia plans to list its American Depositary Receipts (ADRs) in the U.S. in April or May next year. (Jinshi)
The cryptocurrency exchange GTE has announced its ambitious plan to enhance its trading operations by integrating its newly developed high-efficiency transaction system, dubbed Turbo, on LayerZero Labs’ Zero blockchain. This move signals an increasing cooperation between GTE and LayerZero Labs as GTE aims to become the “internet exchange” for stocks, digital assets, and commodities.
GTE’s Turbo Platform and Its AmbitionsGTE is carving a niche in the crypto sector by focusing on creating decentralized financial markets as a counter to traditional markets, which are often hampered by limited trading hours and complex settlement procedures. The company points out the inefficiencies of conventional exchanges like those in the US stock markets, where restricted trading availability and myriad intermediaries in transaction settlements reduce overall efficiency.
The Turbo infrastructure is comprised of three main components. Firstly, the treasury layer on the Zero blockchain will manage deposits and withdrawals. Additionally, LayerZero’s cross-chain communication protocol will connect diverse blockchains. A decentralized margin engine will handle risk management and transaction limits. Moreover, the platform will be powered by a Rust-based bespoke matching engine enabling high-speed operations from regional hubs such as Tokyo, New Jersey, and Chicago.
Innovations Brought by Zero BlockchainThe Zero blockchain, developed by LayerZero Labs, is a next-generation main chain designed to offer high transaction capacity while ensuring cost efficiency. Capable of processing over two million transactions per second with its parallel architecture, Zero is aimed at catering to enterprise-scale applications with its expandable structure.
The network promises security and compliance advantages through features such as zero-knowledge proofs, cross-chain communication capabilities, and protocol-level censorship resistance. LayerZero asserts that these traits render Zero a robust infrastructure model tuned to meet the demand of major institutions.
New Developments in Stablecoin InfrastructureIn another collaborative effort, LayerZero has teamed up with Paxos Labs to introduce a new stablecoin infrastructure called USDG0. This innovation will enable the regulated asset Global Dollar (USDG) to be utilized across multiple blockchain networks.
By opting for the Zero blockchain, GTE aims to bolster its technological prowess and create a decentralized platform where tokenized versions of digital assets, commodities, and stock markets can be traded around the clock. The institution is targeting to become a significant player in a 24/7 operational market, considering institutional investors’ growing interest in tokenization processes.
In a statement from GTE, the next phase of collaboration with LayerZero will see Turbo’s Treasury Layer constructed on Zero, aiming for enhanced speed and accessibility of the platform.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Bitcoin Hyper Price Prediction: Seoul Police Lose $1.5M in Bitcoin While Turbo Gains Traction But DeepSnitch AI Draws Attention With AI Utility As Rumors Of Possible 100x Rally Intensify
Bitcoin Hyper Price Prediction: Seoul Police Lose $1.5M in Bitcoin While Turbo Gains Traction But DeepSnitch AI Draws Attention With AI Utility As Rumors Of Possible 100x Rally Intensify
A small Texas mining hardware company is releasing what it says is the most powerful open-source touchscreen bitcoin miner currently available to home users.
Houston-based Solo Satoshi announced the launch of the Bitaxe Turbo Touch, a compact device designed for hobbyists and home miners that delivers more than double the hashrate of other touchscreen miners in its category.
According to a note shared with Bitcoin Magazine, the unit produces about 2.15 terahashes per second (TH/s).
The product builds on the open-source Bitaxe GT 801 platform and is powered by dual BM1370 ASIC chips, the same chips used in the industrial-scale Bitmain Antminer S21 Pro. The chips allow the device to achieve efficiency of roughly 18 joules per terahash, according to the company. During testing, the device reportedly reached over 3 TH/s when overclocked.
The miner includes a 4.3-inch capacitive touchscreen that displays real-time network and mining data. Eight rotating displays show metrics such as hashrate performance, bitcoin price, current block height and recently mined blocks.
Network information is pulled from mempool.space, a widely used blockchain data explorer.
Matt Howard, founder and chief executive of Solo Satoshi, said the company prioritized transparency when building the device.
“We built this because we believe the tools people use to interact with Bitcoin should be fully verifiable,” Howard said in a statement. “Every line of code between the ASIC chips and the pixels on the touchscreen is open source.”
Open source bitcoin mining The miner runs two open-source firmware layers: AxeOS, which manages the mining operations, and BAP‑GT‑TOUCH, which powers the touchscreen interface. Both software repositories, along with hardware schematics and board layouts, are publicly available under an open hardware license.
The device consumes about 43 watts of power and produces roughly 35 decibels of noise, placing it closer to the sound level of a quiet room than traditional industrial mining rigs. At typical U.S. residential electricity rates, Solo Satoshi estimates the miner would cost about $3.70 per month to operate.
The Bitaxe Turbo Touch connects through a 2.4 GHz Wi-Fi module using an ESP32-S3 microcontroller, and configuration is handled through a browser-based dashboard. Each unit is assembled in the United States and tested for hashing performance before shipping, the company said.
Solo Satoshi is positioning the device against other compact touchscreen miners such as the Braiins BMM 101. The company says its model delivers significantly lower cost per terahash — about $151 per TH compared with roughly $299 per TH for the Braiins device.
The launch also highlights a growing niche within the bitcoin mining industry focused on open-source hardware. While most large mining operations rely on proprietary equipment from major manufacturers, smaller developers and hobbyist communities have pushed for transparent designs that can be modified and audited.
Solo Satoshi said it worked with the Open Source Miners United community to develop parts of the device, including an accessory communication protocol that allows developers to build additional displays and hardware integrations.
The company traces its involvement in touchscreen miners to late 2024, when it collaborated on the early concept of the Bitaxe Touch. When later versions of the device shipped with closed-source firmware, Solo Satoshi decided to create its own fully open-source alternative.
According to the company, open-source bitcoin miners have collectively produced more than $1 million in verifiable block rewards, including several widely publicized solo mining successes in recent years.
Micah Zimmerman
Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.
A whale who netted $13.68 million from shorting 16 altcoins is suspected of selling 6,855.13 ETH.
According to on-chain analyst Ai Yi (@ai_9684xtpa), the Hyperliquid whale who once shorted 16 altcoins and pocketed $13.68 million in profits has started selling ETH. Five hours ago, during the market rebound, he deposited 6,855.13 ETH tokens worth $11.02 million into Binance, an action suspected to be for sale. These tokens were accumulated between February and March this year at an average price of $1,991 each; selling them would incur a loss of $2.625 million.
2 minutes ago
Strategy’s unrealized losses on its Bitcoin holdings have widened to $12.6 billion.
According to HTX market data, Bitcoin has dropped 3.13% over the past 24 hours, currently trading at $60,775. Strategy’s Bitcoin holdings are currently facing an unrealized loss of 19.7%, amounting to roughly $12.6 billion. As of June 21, Strategy holds a total of 847,363 Bitcoins, with a total cost of $64.1 billion and an average holding cost of $75,651 per Bitcoin.
2 minutes ago
Top 1 On-Chain Liquidation: ETH Bull Whale Hit With 4 Consecutive Forced Liquidations, $14.11 Million in Positions Liquidated
According to Hyperinsight monitoring, today’s largest liquidation on the Hyperliquid platform involved a high-leverage Ethereum (ETH) long whale. The address opened a long position yesterday when ETH was trading at roughly $1,661, and immediately incurred losses after entry. Triggered by ETH’s short-term dip below $1,600 in the early hours of today, the whale faced four consecutive liquidations, resulting in the forced closure of a total of 8,734 ETH positions valued at approximately $14.11 million. The address now holds less than $150,000 in remaining funds, with all positions fully cleared. Address: 0x1cb0b187c14a8c0fb36ca0dcbb775dcc7f02b408
2 minutes ago
A certain on-chain address opened long positions in BTC, ETH, and silver, and purchased $10.699 million worth of BTC and ETH spot.
According to on-chain analyst Ai Yi (@ai_9684xtpa)’s monitoring, address 0x960…3f0fc simultaneously went long on both futures and spot positions this early morning, opening long positions of 102.55 BTC, 954.38 ETH, and 8,790 silver units, with total position value around $8.29 million. It also purchased spot BTC and ETH worth approximately $10.699 million. Its current take-profit levels are set at $63,000 for BTC and $1,650 for ETH.
2 minutes ago
A whale that reaped over $23.77 million in profits from the Basic Attention Token (BAT) ICO has reawakened after six years of dormancy, offloading 12,600 ETH in the past two days.
According to monitoring by EmberCN, a whale address that participated in the BAT ICO in 2017 and generated approximately $23.77 million in total profits has started selling ETH recently after six years of inactivity. Over the past two days, the address has sold 12,586 ETH, receiving 20.59 million USDS in exchange, at an average selling price of roughly $1,636. The whale invested 17,789 ETH in the BAT ICO in May 2017, acquiring around 113.8 million BAT. It then sold BAT gradually over approximately two and a half years at an average price of $0.245, netting about $23.77 million in profits, with some of the BAT converted into 27,586 ETH. Since then, the ETH has remained inactive for a long time until it resumed reducing its holdings recently. Currently, the address still holds around 15,000 ETH, valued at approximately $24.29 million.
2 minutes ago
Japanese storage firm Kioxia plans to list American Depositary Receipts (ADRs) in the U.S. in April or May next year.
Market news: Japanese storage chip maker Kioxia plans to list its American Depositary Receipts (ADRs) in the U.S. in April or May next year. (Jinshi)
Velvet is thrilled to announce that Velvet Unicorn AI is now fully integrated into x402, Coinbase’s groundbreaking open payment protocol for AI agents.
Use the Velvet Unicorn with x402: https://www.x402scan.com/server/3eebe253-2799-4b2f-95f0-96bc7be4db87
x402 is an internet-native payment standard built on the long-dormant HTTP 402 status code. Developed by the Coinbase team and now governed by the x402 Foundation alongside Cloudflare, it allows any API or service to request instant, automatic stablecoin payments directly over HTTP. No accounts, no API keys, no credit cards, and no manual approvals needed.
This changes everything for the agent economy. AI agents can now autonomously discover a service, pay for it on the spot with stablecoins, and instantly access premium intelligence or execution, all machine-to-machine with zero friction. It turns the entire internet into a seamless, pay-per-use marketplace where agents become true economic actors.
For DeFi, x402 is rocket fuel. It makes advanced onchain tools instantly composable and monetizable, letting agents research, analyze, and trade without human intervention.
Velvet Unicorn AI is no longer just an advanced tool. It’s now a native superpower for the entire agent economy. Any x402-enabled agent (or person) can instantly unlock production-grade DeFi capabilities with a simple prompt or command.
Ask an agent anything: Get sharp, real-time market insights, narrative deep-dives, or battle-tested trading strategies from Velvet Unicorn’s intelligent multi-agent system.
Token analysis: Dive deep into fundamentals, technicals, onchain signals, and cross-chain intel in seconds.
Trending tokens: Catch explosive narratives, volume surges, and alpha signals before the crowd even notices.
Token swap: Execute smart, intent-based swaps with Velvet’s elite routing, MEV protection, and aggregated liquidity… all triggered by a simple message.
Built on our ongoing agentic foundation (including the powerful OpenClaw collaboration), this x402 integration makes Velvet Unicorn the plug-and-play DeFi brain and execution engine for every agent in the ecosystem.
Velvet Unicorn was engineered as a self-improving, multi-agent AI operating system purpose-built for DeFi. Now, thanks to x402, it’s fully composable, instantly monetizable, and accessible to every builder and user pushing the boundaries of onchain intelligence.
The agentic era isn’t approaching. It’s exploding right now.
And every agent serious about researching, trading, or managing portfolios onchain just received a game-changing upgrade.
Ready to experience the thrill?
Head over to dapp.velvet.capital to try it yourself, or integrate Velvet Unicorn into your x402-powered agent using the official docs.
This is the next-level chapter of DeFAI. Buckle up. The agents are taking over, and they’re powered by Velvet.
Use the Velvet Unicorn with x402: https://www.x402scan.com/server/3eebe253-2799-4b2f-95f0-96bc7be4db87
A whale who netted $13.68 million from shorting 16 altcoins is suspected of selling 6,855.13 ETH.
According to on-chain analyst Ai Yi (@ai_9684xtpa), the Hyperliquid whale who once shorted 16 altcoins and pocketed $13.68 million in profits has started selling ETH. Five hours ago, during the market rebound, he deposited 6,855.13 ETH tokens worth $11.02 million into Binance, an action suspected to be for sale. These tokens were accumulated between February and March this year at an average price of $1,991 each; selling them would incur a loss of $2.625 million.
2 minutes ago
Strategy’s unrealized losses on its Bitcoin holdings have widened to $12.6 billion.
According to HTX market data, Bitcoin has dropped 3.13% over the past 24 hours, currently trading at $60,775. Strategy’s Bitcoin holdings are currently facing an unrealized loss of 19.7%, amounting to roughly $12.6 billion. As of June 21, Strategy holds a total of 847,363 Bitcoins, with a total cost of $64.1 billion and an average holding cost of $75,651 per Bitcoin.
2 minutes ago
Top 1 On-Chain Liquidation: ETH Bull Whale Hit With 4 Consecutive Forced Liquidations, $14.11 Million in Positions Liquidated
According to Hyperinsight monitoring, today’s largest liquidation on the Hyperliquid platform involved a high-leverage Ethereum (ETH) long whale. The address opened a long position yesterday when ETH was trading at roughly $1,661, and immediately incurred losses after entry. Triggered by ETH’s short-term dip below $1,600 in the early hours of today, the whale faced four consecutive liquidations, resulting in the forced closure of a total of 8,734 ETH positions valued at approximately $14.11 million. The address now holds less than $150,000 in remaining funds, with all positions fully cleared. Address: 0x1cb0b187c14a8c0fb36ca0dcbb775dcc7f02b408
2 minutes ago
A certain on-chain address opened long positions in BTC, ETH, and silver, and purchased $10.699 million worth of BTC and ETH spot.
According to on-chain analyst Ai Yi (@ai_9684xtpa)’s monitoring, address 0x960…3f0fc simultaneously went long on both futures and spot positions this early morning, opening long positions of 102.55 BTC, 954.38 ETH, and 8,790 silver units, with total position value around $8.29 million. It also purchased spot BTC and ETH worth approximately $10.699 million. Its current take-profit levels are set at $63,000 for BTC and $1,650 for ETH.
2 minutes ago
A whale that reaped over $23.77 million in profits from the Basic Attention Token (BAT) ICO has reawakened after six years of dormancy, offloading 12,600 ETH in the past two days.
According to monitoring by EmberCN, a whale address that participated in the BAT ICO in 2017 and generated approximately $23.77 million in total profits has started selling ETH recently after six years of inactivity. Over the past two days, the address has sold 12,586 ETH, receiving 20.59 million USDS in exchange, at an average selling price of roughly $1,636. The whale invested 17,789 ETH in the BAT ICO in May 2017, acquiring around 113.8 million BAT. It then sold BAT gradually over approximately two and a half years at an average price of $0.245, netting about $23.77 million in profits, with some of the BAT converted into 27,586 ETH. Since then, the ETH has remained inactive for a long time until it resumed reducing its holdings recently. Currently, the address still holds around 15,000 ETH, valued at approximately $24.29 million.
2 minutes ago
Japanese storage firm Kioxia plans to list American Depositary Receipts (ADRs) in the U.S. in April or May next year.
Market news: Japanese storage chip maker Kioxia plans to list its American Depositary Receipts (ADRs) in the U.S. in April or May next year. (Jinshi)
PANews reported on May 1st that Carrot, a DeFi protocol within the Solana ecosystem, has announced its impending shutdown. Carrot stated that the Drift exploit had a catastrophic impact on its continued operations. Carrot has set May 14th as the deadline for withdrawing remaining funds from Boost, Turbo, and CRT. After that, the system will begin deleveraging, reducing all leverage to zero and releasing all liquidity for CRT redemptions. Carrot stated that any recovery funds from Drift will still be distributed as previously promised, but there is currently no specific timetable.
A whale who netted $13.68 million from shorting 16 altcoins is suspected of selling 6,855.13 ETH.
According to on-chain analyst Ai Yi (@ai_9684xtpa), the Hyperliquid whale who once shorted 16 altcoins and pocketed $13.68 million in profits has started selling ETH. Five hours ago, during the market rebound, he deposited 6,855.13 ETH tokens worth $11.02 million into Binance, an action suspected to be for sale. These tokens were accumulated between February and March this year at an average price of $1,991 each; selling them would incur a loss of $2.625 million.
2 minutes ago
Strategy’s unrealized losses on its Bitcoin holdings have widened to $12.6 billion.
According to HTX market data, Bitcoin has dropped 3.13% over the past 24 hours, currently trading at $60,775. Strategy’s Bitcoin holdings are currently facing an unrealized loss of 19.7%, amounting to roughly $12.6 billion. As of June 21, Strategy holds a total of 847,363 Bitcoins, with a total cost of $64.1 billion and an average holding cost of $75,651 per Bitcoin.
2 minutes ago
Top 1 On-Chain Liquidation: ETH Bull Whale Hit With 4 Consecutive Forced Liquidations, $14.11 Million in Positions Liquidated
According to Hyperinsight monitoring, today’s largest liquidation on the Hyperliquid platform involved a high-leverage Ethereum (ETH) long whale. The address opened a long position yesterday when ETH was trading at roughly $1,661, and immediately incurred losses after entry. Triggered by ETH’s short-term dip below $1,600 in the early hours of today, the whale faced four consecutive liquidations, resulting in the forced closure of a total of 8,734 ETH positions valued at approximately $14.11 million. The address now holds less than $150,000 in remaining funds, with all positions fully cleared. Address: 0x1cb0b187c14a8c0fb36ca0dcbb775dcc7f02b408
2 minutes ago
A certain on-chain address opened long positions in BTC, ETH, and silver, and purchased $10.699 million worth of BTC and ETH spot.
According to on-chain analyst Ai Yi (@ai_9684xtpa)’s monitoring, address 0x960…3f0fc simultaneously went long on both futures and spot positions this early morning, opening long positions of 102.55 BTC, 954.38 ETH, and 8,790 silver units, with total position value around $8.29 million. It also purchased spot BTC and ETH worth approximately $10.699 million. Its current take-profit levels are set at $63,000 for BTC and $1,650 for ETH.
2 minutes ago
A whale that reaped over $23.77 million in profits from the Basic Attention Token (BAT) ICO has reawakened after six years of dormancy, offloading 12,600 ETH in the past two days.
According to monitoring by EmberCN, a whale address that participated in the BAT ICO in 2017 and generated approximately $23.77 million in total profits has started selling ETH recently after six years of inactivity. Over the past two days, the address has sold 12,586 ETH, receiving 20.59 million USDS in exchange, at an average selling price of roughly $1,636. The whale invested 17,789 ETH in the BAT ICO in May 2017, acquiring around 113.8 million BAT. It then sold BAT gradually over approximately two and a half years at an average price of $0.245, netting about $23.77 million in profits, with some of the BAT converted into 27,586 ETH. Since then, the ETH has remained inactive for a long time until it resumed reducing its holdings recently. Currently, the address still holds around 15,000 ETH, valued at approximately $24.29 million.
2 minutes ago
Japanese storage firm Kioxia plans to list American Depositary Receipts (ADRs) in the U.S. in April or May next year.
Market news: Japanese storage chip maker Kioxia plans to list its American Depositary Receipts (ADRs) in the U.S. in April or May next year. (Jinshi)
The crypto market is right on the edge of massive breakout as multiple indicators signal. Solana is breaking out of months of consolidation, Hyperliquid just shattered its HYPE all-time high, and institutional money is flooding back into digital assets with serious conviction. But while the headlines belong to established giants, the smartest money in crypto has always been made one step earlier, in the presale window, before the crowd arrives.
BlockDAG’s Turbo is that window right now. A fixed 50B supply. An exclusive 90 day presale. A burn engine running every single week. Casino utility, staking, VIP access, and NFT mechanics already in motion. And a top crypto presale price that could look like generational value once exchange listings begin. This is where 300x is born.
Turbo’s Supply Shock is Already in Motion: The Top Crypto Presale Now
The math behind Turbo is simple, brutal, and powerful. 50,000,000,000 tokens minted at genesis. Not one more. Ever. From that fixed ceiling, the burn engine immediately starts cutting downward, with a long-term target of halving total supply to 25 billion through sustained weekly Foundation burns. Every week, 90% of Foundation activity goes to a permanent burn wallet, transaction hash published, verifiable on the BlockDAG Explorer by anyone. The supply shrinks. Every single week. Automatically.
Layer demand on top of that shrinking supply. Turbo has casino and gaming utility driving high-frequency transactions, staking mechanics reducing active circulation, VIP tiers incentivising accumulation, NFT access layers creating additional demand sinks, and a weekly prize pool rewarding holders simply for staying in the ecosystem. Every mechanism is a reason to hold, accumulate, and not sell.
This is precisely the dynamic that made Bitcoin’s halving cycles legendary. Demand grows. Supply shrinks. The price does what supply and demand always do when they move in opposite directions. Early BTC buyers who understood fixed supply before halvings hit turned modest entries into generational wealth. Early SOL participants who got in before the meme coin supercycle saw 300x and beyond. Turbo sits at that exact inflection point, a top crypto presale with a deflationary engine already running and exchange listings not yet arrived.
That last point is everything. The 90-day ten-round Access Round structure means every closing round removes supply from public allocation permanently. Once exchange listings begin and buyers who missed the presale start bidding, the ground floor is mathematically gone. This is still a top crypto presale. That changes soon.
Solana’s Breakout Is Real, And The Numbers Back It Up
SOL price prediction models are turning sharply bullish as Solana breaks above months of descending resistance. Currently trading around $85-95, up from April lows near $80, InvestingHaven forecasts a path toward $100-$110 by end of Q2 and a potential 2026 peak of $150. The Alpenglow upgrade, described by Anza as the biggest consensus change in Solana’s history, went live on a community validator test cluster on May 11, targeting block finality of 100-150 milliseconds and removing validator vote transactions that currently consume 75% of block space.
A crypto-friendly Federal Reserve Chair who personally holds SOL was sworn in on May 23. Western Union is exploring Solana-based stablecoin rails. Google Cloud and the Solana Foundation launched Pay.sh for AI agent payments. The fundamentals have never looked stronger.
After New HYPE All Time High: Momentum Shows No Signs of Stopping
The HYPE all-time high of $64.24 was reached on May 24, capping a staggering 40%-plus surge in seven days and pushing Hyperliquid’s market cap above $15 billion to rank 11th globally. The engine behind the move is structural, Hyperliquid routes 97% of all trading fees into its Assistance Fund to buy back HYPE from the open market, with cumulative buybacks topping $1.16 billion since launch.
Two spot ETFs, Bitwise’s BHYP and 21Shares’ THYP, pulled in over $53 million in combined inflows since their May launches. The platform is expanding aggressively into pre-IPO trading, prediction contracts, and tokenized real-world assets. The SpaceX synthetic pre-IPO contract launched May 18, spiked from $150 to $216 within hours, and drove a 7% HYPE rally in a flat market.
Why Turbo Could be the Next Breakout Star
Solana’s Alpenglow upgrade and Hyperliquid’s relentless buyback engine are two of the most compelling stories in crypto right now, delivering serious returns for those who positioned early. But both have already moved significantly. The SOL price prediction upside is real but measured against an asset already trading between $85 and $150. The HYPE all-time high just printed at $64. The easy money in those trades belongs to whoever got in months ago.
Turbo is the trade that hasn’t happened yet, a deflationary top crypto presale with a burn engine running weekly, real utility live across gaming, staking, and VIP access, and a fixed 50B supply being permanently reduced before exchange listings arrive. The 300x window is open. It is also closing, round by round, burn by burn. Every week you wait, more supply is gone forever.
The altcoin market is making its move. NEAR Protocol has surged over 72% in a single week, acting as the tip of the spear for the broader altcoin rotation. Hyperliquid just shattered its all-time high at $64, powered by over $1.16 billion in accumulated protocol buybacks. Capital is consolidating into assets with mechanical reasons to rise, and the momentum is undeniable.
But while the headlines belong to established names, the smartest money in crypto has always been made one step earlier, in the presale window, before the crowd arrives.
BlockDAG’s Turbo is that window right now. A fixed 50B supply. A 90-day presale across ten rounds. A burn engine running every single week. Casino utility, staking, VIP access, and NFT mechanics are already in motion. And a top crypto presale entry at $0.0005 that could look like generational value once exchange listings begin. This is where 7,900% is born.
Turbo’s Supply Shock Is Already in Motion: The Top Crypto Presale Now Table of Contents
Turbo’s Supply Shock Is Already in Motion: The Top Crypto Presale NowNEAR’s 72% Surge Is Real, And The Momentum Data Backs It UpAfter The HYPE All-Time High: Momentum Meets Its Biggest TestWhy TURBO Token Could Be The Next Breakout Star The math behind Turbo is simple, brutal, and powerful. 50,000,000,000 tokens minted at genesis. Not one more. Ever. From that fixed ceiling, the burn engine immediately starts cutting downward, with a long-term target of halving total supply to 25 billion through sustained weekly Foundation burns. Every week, 90% of Foundation burn activity goes to a permanent burn wallet, transaction hash published, verifiable on the BlockDAG Explorer by anyone. The supply shrinks. Every single week. Automatically.
Layer demand on top of that shrinking supply. Turbo has casino and gaming utility driving high-frequency transactions, staking mechanics reducing active circulation, VIP tiers incentivising accumulation, NFT access layers creating additional demand sinks, and a weekly prize pool rewarding holders simply for staying in the ecosystem. Every mechanism is a reason to hold, accumulate, and not sell.
This is precisely the dynamic that made Bitcoin’s halving cycles legendary. Demand grows. Supply shrinks. The price does what supply and demand always do when they move in opposite directions. Early NEAR participants who positioned before this week’s 72% move understood the momentum before the crowd did. Early HYPE holders who got in before the $1.16 billion buyback engine became common knowledge are sitting on life-changing returns. Turbo sits at that exact inflection point, a top crypto presale with a deflationary engine already running and exchange listings not yet arrived.
That last point is everything. The 90-day ten-round Access Round structure means every closing round removes supply from public allocation permanently. Once exchange listings begin and buyers who missed the presale start bidding, the ground floor is mathematically gone. This is still a top crypto presale. That changes soon.
NEAR’s 72% Surge Is Real, And The Momentum Data Backs It Up NEAR Protocol isn’t running on noise. Financial analysts tracking the current altcoin rotation note that liquidity is fragmenting heavily across the market, but traders are consolidating capital specifically into NEAR because it is showing sustained, multi-timeframe momentum rather than a single short-lived pump. That distinction separates assets that keep moving from ones that spike and fade.
Currently acting as the market’s leading altcoin indicator, NEAR’s move has enough technical confirmation across multiple timeframes to attract capital that stays rather than capital that trades. The Altcoin Season Index remains suppressed between 30 and 40, Bitcoin dominance sits at 58–60%, and yet NEAR is outperforming everything in its path. In a stock-picker’s market, that kind of selective strength is exactly what institutional desks look for when rotating out of BTC exposure.
The honest assessment for anyone asking whether NEAR is still the best crypto to buy right now: the momentum is real, the volume is real, and the rotation thesis holds. But 72% in a week means the easy entry is behind you.
After The HYPE All-Time High: Momentum Meets Its Biggest Test The HYPE all-time high of $64 didn’t happen because of social media speculation. Hyperliquid routes the vast majority of its trading fees into its Assistance Fund, which uses that capital to buy back HYPE from the open market continuously. Cumulative buybacks have topped $1.16 billion since launch. The price action follows the mechanics, always.
The platform is expanding aggressively. The SpaceX synthetic pre-IPO derivative (SPCX-USDC) launched last week, allowing retail traders to access implied SpaceX share price exposure permissionlessly without a traditional brokerage. That kind of product innovation keeps Hyperliquid in the best crypto to buy conversation regardless of short-term volatility.
But the immediate risk is real. RSI is pushing into overbought territory and a 7.88 million HYPE token unlock worth roughly $500 million is arriving this week. The market is split on whether Hyperliquid’s spot demand can absorb it cleanly or whether a sharp pullback is coming. Catching HYPE at all-time highs with $500 million in unlocking supply overhead is not a clean entry, it is a conviction test.
Why TURBO Token Could Be The Next Breakout Star NEAR’s 72% move and Hyperliquid’s relentless buyback engine are two of the most compelling stories in crypto right now, delivering serious returns for those who positioned early. But both have already moved significantly. NEAR’s upside is real but measured against an asset that just ran 72% in seven days. The HYPE all-time high just printed at $64 with a $500 million unlock imminent. The easy money in those trades belongs to whoever got in before this week.
Turbo is the trade that hasn’t happened yet, a deflationary top crypto presale with a burn engine running weekly, real utility live across gaming, staking, and VIP access, and a fixed 50B supply being permanently reduced before exchange listings arrive. Stage 1 sits at $0.0005 against a $0.04 projected listing price. The 7,900% window is open. It is also closing, round by round, burn by burn. Every week you wait, more supply is gone forever.
Join BDAG TURBO Presale Now:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
A whale who netted $13.68 million from shorting 16 altcoins is suspected of selling 6,855.13 ETH.
According to on-chain analyst Ai Yi (@ai_9684xtpa), the Hyperliquid whale who once shorted 16 altcoins and pocketed $13.68 million in profits has started selling ETH. Five hours ago, during the market rebound, he deposited 6,855.13 ETH tokens worth $11.02 million into Binance, an action suspected to be for sale. These tokens were accumulated between February and March this year at an average price of $1,991 each; selling them would incur a loss of $2.625 million.
2 minutes ago
Strategy’s unrealized losses on its Bitcoin holdings have widened to $12.6 billion.
According to HTX market data, Bitcoin has dropped 3.13% over the past 24 hours, currently trading at $60,775. Strategy’s Bitcoin holdings are currently facing an unrealized loss of 19.7%, amounting to roughly $12.6 billion. As of June 21, Strategy holds a total of 847,363 Bitcoins, with a total cost of $64.1 billion and an average holding cost of $75,651 per Bitcoin.
2 minutes ago
Top 1 On-Chain Liquidation: ETH Bull Whale Hit With 4 Consecutive Forced Liquidations, $14.11 Million in Positions Liquidated
According to Hyperinsight monitoring, today’s largest liquidation on the Hyperliquid platform involved a high-leverage Ethereum (ETH) long whale. The address opened a long position yesterday when ETH was trading at roughly $1,661, and immediately incurred losses after entry. Triggered by ETH’s short-term dip below $1,600 in the early hours of today, the whale faced four consecutive liquidations, resulting in the forced closure of a total of 8,734 ETH positions valued at approximately $14.11 million. The address now holds less than $150,000 in remaining funds, with all positions fully cleared. Address: 0x1cb0b187c14a8c0fb36ca0dcbb775dcc7f02b408
2 minutes ago
A certain on-chain address opened long positions in BTC, ETH, and silver, and purchased $10.699 million worth of BTC and ETH spot.
According to on-chain analyst Ai Yi (@ai_9684xtpa)’s monitoring, address 0x960…3f0fc simultaneously went long on both futures and spot positions this early morning, opening long positions of 102.55 BTC, 954.38 ETH, and 8,790 silver units, with total position value around $8.29 million. It also purchased spot BTC and ETH worth approximately $10.699 million. Its current take-profit levels are set at $63,000 for BTC and $1,650 for ETH.
2 minutes ago
A whale that reaped over $23.77 million in profits from the Basic Attention Token (BAT) ICO has reawakened after six years of dormancy, offloading 12,600 ETH in the past two days.
According to monitoring by EmberCN, a whale address that participated in the BAT ICO in 2017 and generated approximately $23.77 million in total profits has started selling ETH recently after six years of inactivity. Over the past two days, the address has sold 12,586 ETH, receiving 20.59 million USDS in exchange, at an average selling price of roughly $1,636. The whale invested 17,789 ETH in the BAT ICO in May 2017, acquiring around 113.8 million BAT. It then sold BAT gradually over approximately two and a half years at an average price of $0.245, netting about $23.77 million in profits, with some of the BAT converted into 27,586 ETH. Since then, the ETH has remained inactive for a long time until it resumed reducing its holdings recently. Currently, the address still holds around 15,000 ETH, valued at approximately $24.29 million.
2 minutes ago
Japanese storage firm Kioxia plans to list American Depositary Receipts (ADRs) in the U.S. in April or May next year.
Market news: Japanese storage chip maker Kioxia plans to list its American Depositary Receipts (ADRs) in the U.S. in April or May next year. (Jinshi)
Quick Answer: Turbo (TURBO) is currently trading around $0.00098–$0.0013, with a market cap of approximately $68–$89M and a CMC ranking of ~#332. The token peaked at an all-time high of $0.01317–$0.014 in October 2024 before declining 88–93% to current levels amid broader altcoin market weakness. TURBO is the world’s first meme coin created by AI — born from a $69 GPT-4 experiment in 2023 — and has evolved to include TurboChain, its own Ethereum Layer-2 network. Third-party forecasts for 2026 range from $0.0042 (DigitalCoinPrice) to $0.0219 (CoinCodex bull case), reflecting the token’s high sensitivity to meme coin market cycles.
Key Takeaways TURBO is the first AI-created meme coin — launched in 2023 after founder Rhett Mankind prompted GPT-4 to design a meme coin on a $69 budget ATH of ~$0.014 reached October 2024; TURBO has since declined 88–93% to current levels around $0.001 TurboChain — an Ethereum Layer-2 network with TURBO as its native gas token — is the project’s key utility catalyst, though developer adoption remains limited in 2026 CoinCodex 2026 range: $0.004578–$0.021913; 99Bitcoins projects an average of $0.0079 with a high of $0.012 for 2026 The token has a fixed supply of 69 billion TURBO — a deliberate meme culture reference — fully distributed with no team reserves or VC allocation RSI readings suggest TURBO is in oversold territory, with the $0.001 level providing short-term support across recent months Market cap of ~$68–$89M places TURBO as the 14th largest meme coin with established liquidity across 50+ exchanges TURBO Price & Market Overview MetricValuePrice (June 2026)~$0.00098–$0.0013Market Cap~$68–$89M24h Volume~$8–$13MAll-Time High~$0.01317–$0.014 (October 2024)ATH Drop~88–93%Total Supply69,000,000,000 TURBOCirculating Supply~69B (fully distributed)CMC Ranking~#332 Sources: CoinGecko, CoinMarketCap
What Is Turbo (TURBO)? Turbo is an Ethereum-based ERC-20 meme coin launched in September 2023 by Australian digital artist Rhett Mankind, who gave OpenAI’s GPT-4 a single challenge: design the next great meme coin on a budget of just $69. The AI’s output became the foundation for TURBO — its branding, tokenomics, total supply of 69 billion tokens (a deliberate meme culture reference), and go-to-market strategy.
What made TURBO stand out at launch was its purity: no team token reserves, no VC allocation, no transaction taxes, and no central authority with the power to alter the smart contract. Tokens were distributed entirely through community airdrops and liquidity pool seeding — a “fair launch” structure in the tradition of early Dogecoin.
Key TURBO ecosystem components:
TurboChain — An Ethereum Layer-2 network built by the project, with TURBO as its native gas token. TurboChain is designed to support dApps, DeFi, and NFT applications with faster and cheaper transactions than Ethereum mainnet. However, developer activity on TurboChain remains limited in 2026, with no major developer tooling, grants, or incentive programs announced. Decentralized Governance — Token holders can participate in governance decisions, giving TURBO a community-first model consistent with its fair-launch origins NFT Integration — Plans for NFT-based engagement within the TURBO ecosystem remain part of the stated roadmap The token’s market cap fluctuated dramatically between cycle lows (~$55M) and peaks (~$830M based on 2024–2026 data), placing it in a mid-tier meme coin position well below Dogecoin and Shiba Inu but with established exchange liquidity.
TURBO and the AI Meme Coin Narrative TURBO’s defining characteristic is its positioning at the intersection of AI and meme culture — a combination that resonated strongly with the 2023–2024 market cycle when ChatGPT dominated headlines and AI tokens surged broadly.
The AI connection is not merely cosmetic: TURBO’s entire architecture was designed by GPT-4, and its governance model explicitly references AI-guided community decision-making. This has given TURBO a narrative moat that purely community-meme coins like PEPE or Dogwifhat cannot replicate.
However, the AI meme coin space has become increasingly crowded, and TURBO’s advantage of being first-to-market could erode if newer AI tokens offer more tangible utility or stronger narratives.
How Does TURBO Compare to Similar Meme Coins? TokenMarket Cap (June 2026)LaunchKey NarrativeUtilityTurbo (TURBO)~$68–$89MSept 2023AI-created meme coinTurboChain (L2, limited adoption)PEPE~$1–2BApril 2023Classic internet memeNoneDogwifhat (WIF)~$500M–$1BDec 2023Solana meme coinNoneMilady Meme Coin (LADYS)~$6–9M2023NFT cultureNone TURBO occupies a distinct niche among 2023-era meme coins. Unlike PEPE (pure meme, no narrative evolution) or WIF (Solana ecosystem momentum), TURBO has a documented origin story tied to the most culturally significant tech trend of its era. The TurboChain Layer-2 adds a theoretical utility layer absent from most peers. For comparison with similar community-driven meme tokens, see our Milady Meme Coin price prediction.
Turbo Price Prediction 2026 TURBO entered 2026 around $0.004–$0.005 before declining sharply to current levels around $0.001. The token is trading below its 50-day and 200-day SMAs in a confirmed downtrend, with daily volume averaging $8–$13M — relatively healthy for a meme coin of its size, suggesting community engagement remains active.
CoinCodex provides the widest 2026 range, projecting TURBO between $0.004578 and $0.021913, with upside driven by meme coin cycle recovery and AI narrative momentum. Monthly data suggests potential peaks in Q3–Q4 2026 if Bitcoin maintains above $90,000.
99Bitcoins projects an average of $0.0079 for 2026 with a high of $0.0120, noting that TURBO is “likely to remain relevant thanks to its AI connection” despite facing competition from newer AI-themed meme coins.
DigitalCoinPrice forecasts a 2026 range of $0.00435–$0.00525, representing a 3–4x recovery from current levels under a moderate bull case.
Exolix projects TURBO averaging $0.0064 in 2026 with a high of $0.0083, driven by continued meme coin trends and a positive altcoin cycle.
Bitget is slightly more optimistic, forecasting TURBO stabilizing above $0.0070 in early 2026 and trending toward a high near $0.0120 in a favorable meme coin market.
Source2026 Low2026 Average2026 HighCoinCodex$0.004578—$0.02191399Bitcoins—$0.0079$0.0120DigitalCoinPrice$0.00435—$0.00525Exolix—$0.0064$0.0083Bitget$0.0070~$0.0095$0.0120 All figures are third-party estimates. Not investment advice.
Turbo Price Prediction 2027 For 2027, most analysts are cautiously bearish on TURBO, noting that four-year-old meme coins historically face significant headwinds from newer, fresher projects.
99Bitcoins is explicitly bearish: “In 2027 and beyond, it isn’t easy to envision a bullish situation for Turbo. The token will by then be four years old — an eternity in meme coin time — and it will be up against thousands of new meme coins.” Their 2027 forecast reflects a declining trajectory.
Exolix is more constructive, projecting TURBO averaging $0.0079 with a high of $0.0098 in 2027, driven by community building and exchange listings.
Bitget forecasts TURBO floating near $0.0128 average in 2027 with a potential high of $0.0155, contingent on sustained adoption of TurboChain dApps.
CoinCodex projects a 2027 range of $0.003807–$0.012278, a notably wide spread reflecting the binary nature of meme coin outcomes.
The key swing factor for 2027: whether TurboChain achieves meaningful developer adoption.
2027 Consensus Range: $0.004 – $0.016 (base to bull)
Turbo Price Prediction 2028–2029 Exolix projects TURBO averaging $0.0073 in 2028 (slight consolidation) before rebounding to $0.0086 average in 2029 as a new Bitcoin halving cycle potentially drives meme coin sentiment.
StealthEX maintains a more optimistic view, suggesting TURBO could reach $0.05–$0.097 by 2028–2029 under their bull case, driven by TurboChain adoption and AI ecosystem integrations.
99Bitcoins projects a gradual decline from 2027 onward, forecasting an average of $0.0027 by 2030 — reflecting the view that TURBO will face severe competition from newer meme projects with more compelling narratives.
Turbo Price Prediction 2030 By 2030, forecasts for TURBO span an exceptionally wide range, from near-zero to $1.00 — reflecting the fundamental uncertainty of meme coin longevity.
Exolix projects TURBO averaging $0.0104 by 2030, with optimistic days reaching $0.0132. This moderate bull case assumes continued community engagement and at least partial TurboChain ecosystem growth.
CoinCodex forecasts a 2030 range of $0.011–$0.019, essentially flat from their 2026 bull case — a slow-growth scenario with minimal upside catalyst.
99Bitcoins projects an average of just $0.0027 by 2030, with a potential low of $0.0006 — reflecting the bearish view that TURBO loses relevance by the end of the decade.
StealthEX provides the most bullish 2030 target at $1.00 maximum (+50,000% from current levels), an extreme scenario requiring TURBO to become a dominant AI-meme coin platform with real TurboChain economic activity.
YearLowAverageHighSource2026$0.004578—$0.021913CoinCodex2026—$0.0079$0.012099Bitcoins2027$0.003807—$0.012278CoinCodex2027—$0.0079$0.0098Exolix2028—$0.0073—Exolix2030$0.0006$0.0027—99Bitcoins2030—$0.0104$0.0132Exolix2030——$1.00StealthEX (bull case) All predictions are third-party estimates. Not investment advice.
Turbo Price Prediction 2040 Long-range forecasts for TURBO in 2040 are highly speculative. Most analysts do not publish formal models this far out for meme coins.
StealthEX projects a 2040 maximum of approximately $2–$5 under their ultra-bull scenario, requiring TURBO to survive as an active ecosystem anchor for 17 years — a feat no current meme coin has achieved.
Conservative models place TURBO near zero or below $0.001 by 2040 if the meme coin sector undergoes consolidation to fewer dominant tokens (Dogecoin, Shiba Inu) and TURBO fails to differentiate via TurboChain utility.
Where to Buy Turbo (TURBO) Binance — Listed with TURBO/USDT; one of the largest TURBO markets globally Coinbase — Available with 7-day volume ~$109M; ranked #116 most popular on Coinbase KuCoin — Active spot trading with healthy TURBO liquidity Kraken — Listed with USD pairs Gate.io — Multiple TURBO trading pairs OKX — Listed with spot trading Bybit — TURBO available on Bybit; verify current trading pairs Uniswap (DEX) — TURBO is an ERC-20 token tradeable on Uniswap; always verify the official contract address via turbotoken.io before purchasing TURBO can be held in any EVM-compatible wallet including MetaMask and Ledger. Given TURBO’s high volatility (88%+ drawdown from ATH), position sizing is critical.
Frequently Asked Questions What is Turbo (TURBO)? Turbo (TURBO) is an Ethereum ERC-20 meme coin launched in September 2023 by digital artist Rhett Mankind. It is the world's first meme coin created by AI — specifically GPT-4, which designed the project on a $69 budget. TURBO has a total supply of 69 billion tokens, zero transaction taxes, no team reserves, and a fully community-driven governance model. The project has since launched TurboChain, an Ethereum Layer-2 network with TURBO as its native gas token.
What is the Turbo price prediction for 2026? Third-party forecasts for TURBO in 2026 range widely. CoinCodex projects $0.0046–$0.0219, 99Bitcoins targets an average of $0.0079 with a high of $0.012, and DigitalCoinPrice forecasts $0.0044–$0.0053. The outcome depends largely on whether the meme coin market cycle recovers in H2 2026 and whether Bitcoin maintains strength above $90,000 — a key driver of speculative meme coin demand.
What is the TURBO price prediction for 2030? By 2030, forecasts range from 99Bitcoins' bearish $0.0027 average to StealthEX's bull case of $1.00. Exolix projects a moderate $0.0104 average. The wide divergence reflects genuine uncertainty about meme coin longevity and whether TurboChain will achieve meaningful developer adoption over the next four years.
What is TurboChain? TurboChain is an Ethereum Layer-2 blockchain built by the TURBO community, with TURBO serving as the native gas token for all transactions. It is designed to support dApps, DeFi protocols, and NFT applications with lower fees than Ethereum mainnet. As of 2026, developer adoption remains limited — there are no major developer grants or tooling programs — but it represents TURBO's primary utility differentiation from pure meme coins.
Is Turbo a good investment in 2026? Turbo has unique positioning as the first AI-created meme coin, established exchange liquidity (~$8–13M daily volume), and a growing TurboChain ecosystem. However, it has declined 88–93% from its ATH, faces fierce competition from hundreds of newer meme coins, and TurboChain has not yet delivered meaningful utility adoption. Investors should treat TURBO as a high-risk speculative position and only allocate capital they are prepared to lose.
Crypto markets move quickly, and projects that dominate one cycle often struggle to maintain the same level of attention in the next. That reality is becoming increasingly visible across the meme coin sector in 2026.
While several legacy meme assets continue fighting for relevance, investor attention is shifting elsewhere.
Artificial intelligence has emerged as one of the strongest narratives in crypto, and projects combining AI with practical utility are attracting growing interest. Among them, MemeToro ($MT) has quietly become one of the most discussed AI-focused presales as the market rotates away from older meme-driven stories.
Why Turbo Toad Is Losing Momentum Turbo Toad was once considered one of the more recognizable AI-themed meme projects in crypto.
The token attracted attention during a period when speculative capital flowed aggressively into community-driven assets. However, market conditions have changed significantly.
Recent data shows the asset trading more than 91% below its historical cycle peak.
The decline reflects a broader trend across the meme sector. Investors are becoming increasingly selective, and many are now looking for ecosystems capable of delivering utility beyond community enthusiasm alone.
This shift does not necessarily erase the significance of earlier meme projects.
Instead, it highlights how quickly investor preferences can evolve when new narratives emerge.
Why AI Is Becoming the Market’s New Focus Artificial intelligence is now one of the fastest-growing sectors in digital assets.
The Web3 AI and autonomous agent economy currently commands between $26.6 billion and $27 billion in market value. Long-term projections suggest the broader sector could expand toward $52 billion by 2030 as adoption accelerates across technology and finance.
That growth is influencing investor behavior.
Rather than allocating capital exclusively toward traditional meme assets, many participants are now looking for projects connected to automation, machine intelligence, and data-driven systems.
The result is a growing flow of attention toward AI-focused ecosystems.
Projects positioned inside that trend are increasingly appearing on investor watchlists.
What MemeToro Actually Brings to the Market MemeToro operates as a SocialFi ecosystem built on BNB Chain.
The platform combines meme culture, artificial intelligence, community participation, and blockchain utility within a single environment. Rather than treating AI as a secondary feature, the project places autonomous systems at the center of the ecosystem.
The centerpiece is the MemeToro AI Agent.
The system continuously monitors social media conversations, cultural trends, market narratives, and global news developments. Its objective is to identify emerging opportunities before they become widely recognized across crypto markets.
This creates an active intelligence layer that powers broader ecosystem participation.
Why Investors Are Paying Attention: Supply, Presale, Roadmap, and Staking One reason MemeToro continues gaining visibility is timing.
The project sits at the intersection of two major themes currently shaping crypto markets: artificial intelligence and community-driven participation. Both narratives remain highly active despite broader market uncertainty.
MemeToro launches with a fixed supply of 1.2 billion $MT tokens. The cap is permanent and visible on-chain. 71% of that supply is allocated to presale buyers, which means the community holds the majority share long before the token ever lists on an exchange.
The presale is currently in Stage 2 at $0.00139 per $MT. So far, $46,311.41 has been raised toward the $78,590.46 round target. Once Stage 2 closes, the price rises to $0.00154. Buyers can complete purchases with crypto wallets or pay directly using Visa, Mastercard, Apple Pay, or Google Pay.
What MemeToro participants get at this stage:
Lowest available $MT entry price before the next tier increase Instant token claims at launch with zero vesting locks Access to up to 35% APR staking through audited vaults Eligibility for upcoming ecosystem features as they roll out The 24-month roadmap moves through four distinct phases, ending with the dedicated MemeToro blockchain that handles high-frequency meme transactions at scale.
MemeToro’s staking program pays up to 35% APR through Coinsult-audited vaults. The yield rewards long-term holding and reduces circulating supply over time.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
On June 24, 2026, Smurfit WestRock PLC (SW) shares rose 5.0% to $46.56. The stock has shown strong price performance recently, with a one-month increase of 22.4
Trueluck.io today announced the launch of its multichain raffle protocol designed to provide fully automated and verifiable on-chain lucky draws. The platform integrates Chainlink VRF for provably fair winner selection and cross-chain infrastructure powered by Stargate v2 and LayerZero, enabling participants across multiple blockchain networks to enter raffles using USDT.
Entries are collected. A winner is announced. Funds are processed. The outcome is presented, and users are expected to accept it without any independent verification.
Web3 changed those expectations. Users now demand transparency, auditability, and automation. Opaque systems no longer meet the bar.
trueluck.io was built to close that gap. As a fully on-chain, non-custodial raffle protocol, trueluck removes human discretion from every stage of the raffle process. Entry rules are locked at deployment. Winner selection triggers automatically when a room fills. Payouts reach the winning wallet in seconds. No administrator approval or manual intervention influences the outcome.
What Is Trueluck.io
Trueluck.io is a multichain raffle protocol where users participate in fully automated, verifiable on-chain lucky draws using USDT.
The platform offers three participation formats. BNB-exclusive rooms for BNB Chain users. POL-exclusive rooms for Polygon users. And Multichain rooms, the flagship format, which pulls participants from Ethereum, BNB Chain, Polygon, and Abstract into a single shared raffle environment.
Each room launches with fixed parameters: ticket price and total slot count are embedded within the smart contract before the room opens and cannot be changed after activation.
What users see on the interface is exactly what the blockchain holds. No hidden configuration. No adjustable odds.
When the final slot is taken, the contract executes. No human involvement required.
Provably Fair: Chainlink VRF at the Core
Fairness in any raffle depends entirely on the randomness behind it.
Trueluck integrates Chainlink VRF, a Verifiable Random Function that generates cryptographically secure randomness with proof recorded on-chain. When a room fills, the smart contract triggers Chainlink VRF automatically. The result cannot be predicted in advance, influenced after the fact, or adjusted by anyone, including Trueluck itself.
The cryptographic proof is publicly available. Any participant can inspect the transaction and validate the winner selection independently.
Once the winner is determined, the contract distributes the full USDT prize pool directly to the winning wallet. No manual claims. No withdrawal forms. No waiting period. The payout executes in seconds because the contract enforces it, not because a team processes it.
User funds never sit inside a company-controlled wallet. Trueluck never holds participant assets at any stage.
Solving Web3’s Liquidity Fragmentation Problem
Most Web3 raffle platforms are locked to a single chain. Ethereum users stay in Ethereum pools. BNB Chain participants operate in BNB environments. The result is smaller rooms, smaller prizes, and access gaps depending on which network a user is on.
Trueluck integrates omnichain infrastructure powered by Stargate v2 and LayerZero. A user on Ethereum can enter the multichain raffle room as a user on BNB Chain, Polygon, or Abstract, all paying in USDT from their native network, without manually bridging assets.
The cross-chain coordination happens entirely behind the scenes. From the user’s side, the experience is simple: connect a wallet, browse rooms, buy tickets, and participate.
Combining liquidity across multiple chains means larger prize pools and wider participation, a structural advantage no single-chain raffle platform can match.
Why USDT
Pricing raffles in volatile tokens creates uncertainty around both cost and reward. A ticket priced in a fluctuating asset becomes hard for users to evaluate, especially those new to crypto.
Trueluck uses USDT for all entries and all payouts. Entry cost stays stable. Prize value stays predictable. The familiar denomination removes a common friction point for newer participants while keeping full on-chain functionality for experienced users.
The user experience remains streamlined while the underlying infrastructure manages smart contract execution, verifiable randomness, and cross-chain routing. Smart contract execution, cryptographic randomness, and cross-chain routing all operate beneath a user experience that requires nothing more than a connected wallet and USDT.
No top-up wallet. No centralised Custody.
Getting started on Trueluck requires no internal deposit wallet. Users connect an existing Web3 wallet, MetaMask, Trust Wallet, or any WalletConnect-compatible option, and interact directly with the protocol.
Funds are never transferred to a custodial address. The wallet connection only authorizes direct interaction of pay with USDT on the smart contract.
After a raffle ends, transparency stays intact. Winners and non-winners can independently verify ticket allocation, the randomness execution record, and the payout transaction on-chain. The raffle does not rely on platform reputation. It relies on publicly auditable proof.
What Comes Next
Current functionality focuses on automated raffle rooms. The development roadmap includes DAO-governed parameter management, cross-chain jackpot aggregation, and on-chain analytics dashboards.
The long-term objective is to build verifiable infrastructure for programmable digital luck, a foundation other Web3 applications can build on top of.
Online raffles are not a new concept. Transparency at the protocol level is.
Winner selection and payout execution are recorded on-chain and remain publicly auditable.
About Trueluck.io
Trueluck.io is a multichain, non-custodial raffle protocol built for automated, provably fair on-chain lucky draws. Smart contracts govern execution. Chainlink VRF determines winners. Stargate v2 and LayerZero enable cross-chain participation using USDT across Ethereum, BNB Chain, Polygon, and Abstract. No registration required. No funds held. Prizes go directly to winning wallets.
TLDR: TRON Network is now supported on Reown SDK, removing the need for custom wallet adapters in dApps. Developers can access TRX transfers, fiat on-ramps, and analytics tools through one SDK configuration. TRON supports over 369 million accounts, giving Reown SDK builders access to a massive user base. Reown SDK supports TRON testnets Shasta and Nile, plus Travel Rule tools for financial applications. TRON Network support is now officially live on the Reown SDK, an open-source toolkit for building onchain apps. TRON DAO made the announcement on March 17, 2026, from Geneva, Switzerland.
The integration gives developers a unified solution for incorporating both TRON and EVM networks into their dApps.
Builders no longer need custom wallet adapters or separate chain-specific infrastructure. This launch opens a more direct path for multichain development.
What the Integration Offers Developers Through the Reown SDK, developers can now connect wallets to TRON and authenticate users. They can also send transactions and enable payments across networks within a single session.
This removes a common barrier in building for multiple blockchain ecosystems simultaneously. Builders gain a consistent user experience across both EVM and TRON networks from day one.
The SDK includes wallet authentication on TRON alongside social and email login options. Developers can also enable TRX and TRC-20 token transfers within their applications.
TRON announced the launch of TRON Network support on @reown_ SDK, an open-source all-in-one SDK for building seamless onchain apps. The integration provides developers with a unified solution to easily incorporate TRON and EVM networks into their decentralized applications (… pic.twitter.com/KDdFY93BWV
— TRON DAO (@trondao) March 17, 2026
On-platform swaps, fiat on/off-ramps, and built-in analytics dashboards are part of the toolkit as well. These tools give development teams a more complete platform for building TRON-based dApps.
Justin Sun, Founder of TRON, commented on the launch. “TRON was built to give developers the performance and scale needed to power the next generation of onchain applications,” Sun said. He noted that lower friction for builders leads directly to faster innovation.
The SDK also supports both modern and legacy TRON transaction formats for full wallet interoperability. Developers can test on TRON testnets, including Shasta and Nile. Travel Rule compliance tools are available for teams building financial applications on the platform.
TRON’s Growing Role in Global Blockchain Infrastructure TRON Network currently supports more than 369 million accounts across the globe. The ecosystem has strong adoption in stablecoin transfers, payments, and decentralized finance.
This large user base makes TRON an attractive network for developers building multichain applications. The Reown SDK integration now gives builders direct access to this audience through a simple configuration.
Jess Houlgrave, CEO of WalletConnect, spoke to the reasoning behind the partnership. “Developers shouldn’t have to choose between ecosystems or build bespoke infrastructure for every chain they want to support,” she said. She added that teams can reach TRON’s users through the same workflow already used for EVM chains.
Since its 2022 launch, the Reown SDK has been adopted by platforms such as Morpho, Ethena, Marinade Finance, and Coinbase.
Adding TRON further broadens its network coverage and developer reach. Teams can now manage EVM and TRON support without separate technical setups, saving time and resources.
Through this integration, TRON continues to strengthen its position in global blockchain infrastructure. Developers can now build multichain applications with fewer technical barriers.
The combination of TRON’s user base and Reown SDK’s capabilities provides a strong foundation. Both ecosystems stand to benefit as more builders adopt this unified multichain approach.
TRON Network integration has gone live on the Reown SDK, opening new possibilities for multichain decentralized application (dApp) development. This advancement, announced by TRON DAO in March 2026, enables builders to work with both TRON and Ethereum-compatible networks through a unified toolkit.
Unified Tools For DevelopersWith this update, developers using the Reown SDK gain a single solution for wallet connections, user authentication, and asset transactions across TRON and EVM-compatible chains. The SDK eliminates the previous need for custom wallet adapters or network-specific infrastructure, allowing for a streamlined process from project inception.
The toolkit includes wallet authentication for TRON, with support for social and email login, as well as built-in capabilities for TRX and TRC-20 token transfers between users. Teams can also make use of on-platform swaps, fiat on-off ramps, and analytics dashboards, presenting an integrated foundation for dApp creation focused on TRON’s technology stack.
Expanding Multichain CapabilitiesThe launch adds support for both current and legacy TRON transaction models, enhancing wallet compatibility. Developers are also able to test applications on TRON’s primary testnets, Shasta and Nile. In addition, financial developers can access tools supporting Travel Rule compliance, important for cross-border and regulated use cases.
TRON is a global blockchain protocol frequently used for stablecoin movements, digital payments, and DeFi platforms. It currently maintains over 369 million user accounts worldwide. Integrating this into the Reown SDK extends a large audience to projects adopting the toolkit, positioning TRON as a vital option in multichain strategies for developers.
Reown SDK, released in 2022, is an open-source framework aimed at simplifying onchain application development across multiple networks. It has been adopted by various platforms in the Web3 and DeFi space, such as Morpho, Ethena, Marinade Finance, and Coinbase.
WalletConnect CEO Jess Houlgrave shared reasoning for the SDK’s multichain approach, explaining that:
“Developers shouldn’t have to choose between ecosystems or build bespoke infrastructure for every chain they want to support.”
This approach now allows teams to reach TRON’s user base while using workflows already familiar from building on EVM networks, reducing both technical challenges and resource demands.
TRON founder Justin Sun commented on the milestone, emphasizing performance and scalability:
“TRON was built to give developers the performance and scale needed to power the next generation of onchain applications.”
By broadening Reown SDK’s reach to include TRON, the integration lowers barriers for multichain builds, paving the way for new projects and strengthening both TRON’s and Reown’s standing in the global blockchain landscape.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Centrifuge's largest tokenized fund, JTRSY, is among the first of its products to adopt LayerZero.
LayerZero and Centrifuge are partnering to integrate Centrifuge's institutional tokenization infrastructure into the interoperability protocol’s ecosystem, according to a press release shared exclusively with The Defiant. The companies said that the deal aims to make access and distribution of tokenized real world asset (RWA) products broader with multichain reach from launch.
The partnership addresses the issue of blockchain fragmentation for institutional tokenization. Via LayerZero's OApp standard, issuers can extend products across over 165 blockchain networks, while retaining a unified supply, according to the release.
The first Centrifuge products to adopt LayerZero includes three of its tokenized funds, JTRSY — its largest by total value, with nearly $861 million in tokenized U.S. Treasuries — as well as JAAA, and SPXA, which launched in September as the first licensed tokenized S&P 500 index fund.
The three tokenized funds will expand across Ethereum, Solana, Avalanche, BNB Chain, Base, Optimism, and HyperEVM, per the release. Data from RWAxyz shows that JTRSY is currently mostly on Ethereum, while SPXA is exclusively on Coinbase’s Base.
The partnership also sets the stage for Centrifuge assets to be deployed on Zero, LayerZero's recently announced Layer 1 blockchain. The L1 is slated for launch this fall, per the company’s original announcement, and is backed by Citadel Securities, The Depository Trust & Clearing Corporation, Intercontinental Exchange, and Google Cloud, and designed as core infrastructure for financial markets.
Bryan Pellegrino, CEO of LayerZero Labs, told The Defiant:
"We want partners building on LayerZero to extend into Zero, and Centrifuge, with its institutional client base and tokenization suite, is exactly the kind of asset we're designing the network for."For its part, Centrifuge framed its plans for deploying on LayerZero’s Zero as a wait and see situation, provided the L1 gains traction after launch.
"As part of our broader multichain distribution strategy, we see Zero as an important ecosystem over time," Anil Sood, chief strategy and growth officer at Centrifuge Labs, told The Defiant, continuing:
"Our objective is to make key products such as JTRSY, JAAA, and SPXA accessible across the networks where liquidity, users, and onchain utility are forming."LayerZero Labs’ told The Defiant that the interoperability protocol currently has over $90 billion in assets secured, and more than 700 projects building in its ecosystem, though The Defiant was unable to independently verify this data. As of last May, the company said it handles over 70% of all cross-chain messaging traffic in web3.
Bhaji Illuminati, CEO of Centrifuge Labs said in a statement, “For institutions, tokenization becomes strategic when products are built to move beyond a single venue or chain and enter markets with real distribution from day one.”
Centrifuge, whose CFG token rallied 60% this week on a Binance listing announcement, currently has a total of $1.33 billion in distributed asset value across its tokenized RWA products, per RWAxyz.
Today’s move comes as tokenized RWAs on chain reached $18.4 billion at end of 2025, with RWA holders growing from 84,000 to 564,000 over the course of the year, per a report from Centrifuge — a trend The Defiant documented in depth as RWAs became Wall Street's gateway to crypto last year.
Disclaimer: This story has been updated to clarify that LayerZero’s Zero chain has yet to launch.
This article was written with the assistance of AI workflows. All our stories are curated, edited and fact-checked by a human.
Moving your treasury onchain can be straightforward in some cases. Managing funds across multiple wallets and chains is where operational complexity shows up.
USDC balances quickly become fragmented across networks. Users, vendors, and employees expect to get paid on different chains. Teams end up moving funds constantly just to stay operational.
Onchain treasury management is essentially the set of tools and processes to:
Create and manage operational walletsMove USDC between chains when needed Consolidate balances so they’re usable for day-to-day operations Execute payouts with logging and basic controlsTo make these workflows easier to understand end-to-end, we built the Arc Fintech Starter, an open-source sample app that demonstrates how a multichain treasury system can be built on Arc.
Who this is forThis starter is designed for builders working on:
Fintech apps (wallets, neobanks, payment platforms)Marketplaces with cross-chain payoutsPayroll or remittance systemsAI agents that need to move and manage moneyIf your product needs to hold, move, or pay USDC across chains, this is a practical place to start.
What you’ll get in ~15 minutesBy running this app locally and following the guided flow, you’ll:
Create and manage wallets across multiple chainsMove USDC between chains using Bridge Kit and GatewayConsolidate balances into a unified Gateway balanceExecute a real payout across chainsGet startedClone the repoRun the app locallyFollow the “create → fund → rebalance → unify → pay” flowWhat the starter app demonstratesThis is a minimal fintech dashboard that acts like a treasury operations console.
It uses:
Circle Developer-Controlled Wallets
Create and manage wallets programmaticallyCircle Bridge Kit + Forwarding Service
Rebalance funds across chainsCircle Gateway
Consolidate balances into a unified, spendable poolThis is not meant to be a finished product. It’s a reference architecture you can run, inspect, and extend.
The core workflowThe app follows a simple but realistic flow:
Create → Fund → Rebalance → Unify → Pay
1) Create wallets on multiple chainsStart by creating a few Developer Controlled Wallets across different supported testnets (for example, Arc Testnet plus one or more other chains).
This sets up the basic “multichain treasury” state.
2) Fund your primary walletDeposit testnet USDC into your Arc wallet using the Circle Testnet Faucet.
This becomes your initial treasury balance.
3) Rebalance from Arc to other chainsUse the Rebalance feature to distribute USDC from the Arc wallet to wallets on other chains.
Under the hood, this uses Bridge Kit + Forwarding Service.
import { BridgeKit } from '@circle-fin/bridge-kit'; // Initialize Bridge Kit const kit = new BridgeKit(); // Create Circle Wallets adapter const adapter = createCircleWalletsAdapter({ apiKey: process.env.CIRCLE_API_KEY, entitySecret: process.env.CIRCLE_ENTITY_SECRET, }); // Validate the transfer parameters early by running an estimate // This catches errors like insufficient balance before we commit to the transfer const estimateResult = await kit.estimate({ from: { adapter, chain: bridgeSourceChain as any, address: sourceAddress, }, to: { adapter, chain: bridgeDestChain as any, address: destAddress, }, amount: amountString, config: { transferSpeed: transferSpeed as 'FAST' | 'SLOW', }, }); // Execute the bridge transfer const result = await kit.bridge({ from: { adapter, chain: bridgeSourceChain as any, address: sourceAddress, }, to: { adapter, chain: bridgeDestChain as any, address: destAddress, useForwarder: true, // Enable Circle Forwarding Service for automatic attestation and minting } as any, amount: amountString, config: { transferSpeed: transferSpeed as 'FAST' | 'SLOW', }, });app/api/bridge/rebalance/route.ts
4) Consolidate into GatewayUse Add Funds to deposit USDC from multiple wallets into Gateway, creating a single consolidated gateway balance.
This is what enables simplified spending across chains.
// Deposits USDC into Gateway by calling Wallets SDK createContractExecutionTransaction function const depositChallengeId = await initiateContractInteraction( walletId, GATEWAY_WALLET_ADDRESS as Address, 'deposit(address,uint256)', [usdcAddress, amountInAtomicUnits.toString()], );app/api/gateway/deposit/route.ts
5) Execute a payout from the Gateway balanceOnce funds are consolidated, you can use Payout to send USDC to recipients on different chains using the Gateway balance.
This is useful for cases like paying vendors or employees with wallets on various networks.
// Step 1: Sign and submit burn intent on source chain - full implementation in lib/circle/gateway-sdk.ts const { transferId, attestation, attestationSignature } = await signAndSubmitGatewayBurnIntent( user.id, amountInAtomicUnits, sourceWallet.chain, destinationChain, recipientAddress as Address, depositorWallet.address as Address, // Pass the depositor address ); // Step 2: Execute mint on destination chain - full implementation in lib/circle/gateway-sdk.ts mintTx = await executeGatewayMint( walletAddress, destinationChain, attestation, attestationSignature, ); app/api/payout/route.ts
What you can build from thisYou can extend this into:
Cross-border payroll systemsStablecoin neobank backendsMarketplace payout enginesAI-native financial agentsTreasury automation tools for startupsFrom demo → productionAs you extend this, think in terms of:
Reliability (retry logic, monitoring)Security (permissions, approvals)Observability (logs, audit trails)Build something with itIf you end up building on top of this starter, we’d love to see it.
This repo is meant to be forked, modified, and turned into real products.
👉 Get started building with the repo
Sample apps provided for demonstration and educational purposes only, is intended for testnet use only, and is not production-ready.
Arc testnet is offered by Circle Technology Services, LLC (“CTS”). CTS is a software provider and does not provide regulated financial or advisory services. You are solely responsible for services you provide to users, including obtaining any necessary licenses or approvals and otherwise complying with applicable laws.
Arc has not been reviewed or approved by the New York State Department of Financial Services.
The product features described in these materials are for informational purposes only. All product features may be modified, delayed, or cancelled without prior notice, at any time and at the sole discretion of Circle Technology Services, LLC. Nothing herein constitutes a commitment, warranty, guarantee or investment advice.
USDC is issued by regulated affiliates of Circle. See Circle’s list of regulatory authorizations.
Circle Technology Services, LLC (“CTS”) is a software provider and does not provide regulated financial or advisory services. You are solely responsible for services you provide to users, including obtaining any necessary licenses or approvals and otherwise complying with applicable laws. For additional details, refer to the Circle Developer terms of service.
Self-custodial wallet tether.wallet supports Bitcoin, USDT, USAT and XAUT across multiple blockchains at launch.
Tether today unveiled its self-custodial crypto wallet using the open-source Wallet Development Kit (WDK) developed by the firm. According to an announcement from the firm, tether.wallet supports USDT, USAT, Bitcoin and XAUT, what the firm says represent “the only assets that truly matter for most of the people.”
Tether says the initiative, which it’s dubbing “the People’s Wallet” aligns with its mission to promote financial inclusion globally, particularly in developing countries and regions with high inflation.
Tether CEO Paolo Ardoino was quoted in the announcement on the firm’s aim of preserving self-custody, without compromising on user experience:
“The objective is to remove the complexity that has prevented broader adoption while preserving the properties that make the digital assets technology valuable. Users should be able to send value as easily as sending a message, without relying on intermediaries and without giving up control of their assets.”As an example, the firm’s announcement notes that the wallet lets users pay fees in the asset being transferred, instead of needing to acquire or hold separate tokens for gas. The wallet also supports easily readable addresses for sending and receiving that look more like an email address, instead of the typical alphanumeric string.
Tether says at launch, the wallet supports USDT and XAUT on Ethereum, Polygon, Plasma, and Arbitrum, and USAT on Ethereum. It also supports Bitcoin both natively and via the Lightning Network. The firm plans to add support for “several other blockchains” in the future.
Last month, Tether announced that it had engaged a Big Four firm to conduct its first ever “full independent financial statement audit.”
This article was written with the assistance of AI workflows. All our stories are curated, edited and fact-checked by a human.
Consumers are able to purchase, sell, trade, and pay out digital assets inside a single application thanks to the wallet. From launch, the wallet supports users to store assets from eight other networks, including Arbitrum, Base, Optimism, and Solana, in addition to supporting Bitcoin and Ethereum. With the introduction of Ramp Network Wallet, the business is integrating that infrastructure straight into a product that is aimed at the end user. There is a long-standing limitation of self-custodial cryptocurrency products, which is the requirement to rely on third-party providers for core actions such as buying, swapping, and cashing out. Ramp Network, a global crypto infrastructure provider that enables seamless access between fiat and digital assets, has today announced the launch of a multichain wallet that is designed to address this limitation.
Throughout its history, Ramp Network has served as the infrastructure layer that enables cryptocurrency purchases to be made inside partner programs such as MetaMask and Trust Wallet. This network has provided services to more than 10 million customers all over the world. With the introduction of Ramp Network Wallet, the business is integrating that infrastructure straight into a product that is aimed at the end user.
Consumers are able to purchase, sell, trade, and pay out digital assets inside a single application thanks to the wallet. This eliminates the need for consumers to depend on third-party providers or external interfaces for fundamental tasks.
Self-custodial wallets have always relied on third-party services for critical functionality, despite the fact that they provide users control over their assets. Because of this, user experiences are often fragmented, identity verification is performed many times, and various interfaces are created. In spite of the fact that the majority of self-custodial wallets are primarily concerned with key management, they often depend on a number of third-party providers for fundamental functionality such as payments, swaps, and withdrawals.
These features are integrated into a single platform via Ramp Network’s wallet, which enables users to authenticate their identity just once and conduct transactions across all supported networks without the need for extra onboarding stages.
From launch, the wallet supports users to store assets from eight other networks, including Arbitrum, Base, Optimism, and Solana, in addition to supporting Bitcoin and Ethereum. These networks account for a significant portion of the total valuation of the cryptocurrency market worldwide and the assets that are regularly held.
“Every self-custodial wallet has the same problem nobody talks about,” said Przemek Kowalczyk, CEO and co-founder of Ramp Network. “The moment you try to actually do something, buy, swap, or cash out, you get sent to a third party you’ve never heard of and asked to verify yourself again. We built the infrastructure ourselves, so we never have to do that. One account, every chain, your keys.”
The end result is a self-custodial experience that, in terms of functionality, is more comparable to that of centralized systems, while at the same time allowing users to retain complete control over their assets. Existing users of the Ramp Network are able to use the wallet to utilize their existing credentials, with identity verification and payment methods being carried over from their previous accounts.
On-ramp, off-ramp, and cross-chain execution are all provided by Ramp Network, which is responsible for the building and operation of the basic infrastructure that powers the wallet. Users are able to conduct transactions across supported networks inside a single application, eliminating the need for them to depend on external bridges or service providers.
In addition to managing balances, trading, and cash access in a single location, the wallet functions as a consolidated account that is accessible across many chains. As a core balance, it leverages USDC on Base for transactions like as transfers, payments, and activities inside the app.
A self-custodial arrangement that is protected by passkeys and includes the capability to export keys is used to ensure that all assets continue to be in the control of the user.
With the exception of the European Union, the wallet is accessible all around the world. It is anticipated that increased regional availability will occur as regulatory circumstances continue to develop. In future updates, Ramp Network intends to broaden the range of assets that are supported and the use of blockchain integrations.
With this launch, the business has begun the first step of its larger multichain strategy, which is centered on easing the process of self-custody while still preserving user ownership over digital assets.
Ramp Network is a finance technology firm that operates on a worldwide scale and makes it simple for anybody to purchase, sell, trade, exchange, pay, and save using stablecoins and cryptocurrency. Through the combination of a self-custodial wallet app and trusted on- and off-ramp infrastructure, the firm, which was established in 2017, gives millions of people all over the globe the ability to safely manage their digital assets. Built with global access in mind, Ramp Network continues to increase its local service offerings on a daily basis and is now accessible in more than 150 countries.
*Geo restrictions apply. For EU customers: Ramp Swaps (Ireland) Limited trading as Ramp Network is regulated by the Central Bank of Ireland.
Make sure you are prepared to lose all of the money you invest before you make any investments. You shouldn’t expect to be protected in the event that anything goes wrong with this investment since it is a high-risk investment. Spend two minutes learning more about this topic.
[PRESS RELEASE – London, United Kingdom, April 17th, 2026]
Ramp Network, a global crypto infrastructure provider enabling seamless access between fiat and digital assets, today announced the launch of a multichain wallet designed to address a long-standing limitation of self-custodial crypto products: the need to rely on third-party providers for core actions like buying, swapping, and cashing out.
Ramp Network has historically operated as the infrastructure layer behind crypto purchases within partner applications, including MetaMask and Trust Wallet, serving over 10 million users globally. With the launch of Ramp Network Wallet, the company is bringing that infrastructure directly into a consumer-facing product.
The wallet enables users to buy, sell, trade, and cash out digital assets within a single application, removing the need to rely on third-party providers or external interfaces for core actions.
While self-custodial wallets offer users control over their assets, they have historically depended on external services for key functionality. This often results in fragmented user experiences, repeated identity verification, and multiple interfaces. While most self-custodial wallets focus on key management, they often rely on multiple external providers for core functionality such as payments, swaps, and withdrawals.
Ramp Network’s wallet integrates these functions into a single platform, allowing users to verify their identity once and transact across supported networks without requiring additional onboarding steps.
From launch, the wallet supports Bitcoin and Ethereum, along with assets across eight networks, including Arbitrum, Base, Optimism, and Solana. These networks represent a significant share of global crypto market capitalization and commonly held assets.
“Every self-custodial wallet has the same problem nobody talks about,” said Przemek Kowalczyk, CEO and co-founder of Ramp Network. “The moment you try to actually do something, buy, swap, or cash out, you get sent to a third party you’ve never heard of and asked to verify yourself again. We built the infrastructure ourselves, so we never have to do that. One account, every chain, your keys.”
The result is a self-custodial experience that more closely resembles centralized platforms in terms of functionality, while maintaining full user control over assets. Existing Ramp Network users can access the wallet using their existing credentials, with identity verification and payment methods carried over.
Ramp Network built and operates the core infrastructure powering the wallet, including on-ramp, off-ramp, and cross-chain execution. This allows users to transact across supported networks within a single application, without relying on external bridges or service providers.
The wallet operates as a unified account across chains, with balances, trading, and cash access managed in one place. It uses USDC on Base as a core balance for transfers, payments, and in-app activity.
All assets remain under user control through a self-custodial setup secured by passkeys, with optional key export functionality.
The wallet is available globally, excluding the European Union, with additional regional availability expected as regulatory conditions evolve. Ramp Network plans to expand supported assets and blockchain integrations in future releases.
The launch represents the first phase of the company’s broader multichain strategy, focused on simplifying self-custody while maintaining user control over digital assets.
About Ramp Network
Ramp Network is a global fintech company making it easy for anyone to buy, sell, send, swap*, pay, and save with stablecoins and crypto. Founded in 2017, the company combines a self-custodial wallet app with trusted on- and off-ramp infrastructure, empowering millions worldwide to securely manage digital assets. Built for global access, Ramp Network is available in 150+ countries and continues to expand local services every day.
*Geo restrictions apply. For EU customers: Ramp Swaps (Ireland) Limited trading as Ramp Network is regulated by the Central Bank of Ireland.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
CoinGecko announced a major product expansion this week, adding market intelligence features and a unified Partner Platform to its crypto data aggregator.
The Singapore-based company said the update reflects a shift from pure price tracking toward contextual analysis for investors and growth infrastructure for Web3 projects.
AI-Powered Insights and Advanced ChartingCoinGecko’s new Market Insights feature aggregates signals from news and social media discussions, then uses AI-generated summaries to explain what is driving price movements across coins and categories.
The company also introduced Advanced Charts, which let users compare price movements across multiple cryptocurrencies in a single view.
Coingecko Advanced Charting FeatureCharts are shareable and downloadable, giving investors tools previously limited to expensive terminals.
“Better data leads to better decisions, but today, data alone isn’t enough. Context is the missing layer, and that’s what we’re building,” read an excerpt in the announcement, citing Bobby Ong, co-founder and CEO of Coingecko, highlighting how the crypto market has outgrown basic data displays.
Follow us on X to get the latest news as it happens
The third consumer feature, Portfolio Insights, consolidates wallet tracking across EVM-compatible networks.
Coingecko Portfolio Insights FeatureIt shows profit-and-loss metrics and average buy prices, with AI-generated summaries that explain what is driving portfolio changes. Multichain support is expected in the coming months.
Partner Platform Targets Crypto Project GrowthFor crypto projects, CoinGecko launched a Partner Platform that combines listing management, advertising campaigns, and performance tracking across both CoinGecko and GeckoTerminal.
The platform serves over 30 million monthly visitors and millions more on GeckoTerminal. Projects can submit listings, update token information, and use tools like Fast Pass to speed up time-to-listing.
CoinGecko plans to add deeper analytics, including pageview and watchlist data, in future updates.
The expansion follows a period of leadership restructuring and renewed product investment at CoinGecko.
With over 36 million tokens now tracked across hundreds of blockchains, the company is positioning itself as both a consumer intelligence layer and a distribution channel for the projects building on those networks.
In Web3, transparency has always been a defining feature. Every transaction is recorded on-chain, visible to anyone, and verifiable in real time. While this openness underpins trustless systems, it also creates an overlooked trade-off: the loss of financial privacy.
Today, as more users actively engage with DeFi and on-chain applications, this trade-off is becoming harder to ignore.
When transparency becomes overexposure From token swaps to simple transfers, nearly every on-chain action leaves a public footprint. Wallet balances, transaction histories, and behavioral patterns can all be tracked—often without users fully realizing it.
For many, this level of transparency was once seen as a necessary compromise. But as the ecosystem matures, expectations are changing. Users are beginning to ask a different question:
Should participating in Web3 mean giving up control over your financial data?
Privacy: the missing layer of Web3 While infrastructure around scalability and interoperability has rapidly evolved, privacy remains one of the least addressed aspects of the user experience.
Historically, privacy tools have been complex, fragmented, or limited to niche use cases. As a result, everyday users—those simply swapping tokens or sending assets—have had little access to practical privacy solutions.
This is where a shift is beginning to take place.
Bringing privacy into everyday transactions Coin98, a multichain wallet known for simplifying cross-chain interactions, is introducing Private Mode—a feature designed to bring privacy directly into two of the most common on-chain actions: swapping and sending.
Rather than treating privacy as an advanced feature, Private Mode integrates it seamlessly into the existing wallet experience.
With just a simple toggle, users can activate:
Private Swap: Helping reduce the visibility of transaction patterns. This also helps mitigate the risks of predatory bots and front-running by reducing the visibility of trading intent. Private Send: Making transfers untraceable, ensuring your financial footprint remains your own. Designed for real-world usage, not just experts One of the biggest barriers to privacy in Web3 has been usability. Many solutions require technical knowledge or involve multiple steps that deter mainstream adoption.
Coin98 takes a different approach: making privacy intuitive.
There is no need for additional tools, complex setups, or deep technical understanding. Users interact with the same familiar interface—only now with the option to choose when and how their activity is exposed.
As a result, privacy becomes part of the default user experience, rather than an afterthought.
A step toward user-controlled Web3 The introduction of Private Mode reflects a broader shift in how Web3 products are evolving—from purely transparent systems to more user-controlled environments.
Transparency remains essential for security and verification. But without privacy, users are left with limited autonomy over their own data.
By embedding privacy into everyday actions, Coin98 is helping to redefine this balance.
“Web3 has always been built on transparency, but users shouldn’t have to sacrifice privacy to participate. With Private Mode, we’re making privacy a seamless part of everyday on-chain transactions.”
As the conversation around privacy continues to grow, solutions that integrate seamlessly into existing user behaviors will likely play a key role in shaping the next phase of Web3 adoption.
Looking ahead Privacy is no longer a niche concern—it is becoming a fundamental expectation.
And as more users enter the space, the demand for simple, accessible, and effective privacy tools will only increase.
With Private Mode, Coin98 positions itself at the forefront of this shift—bringing privacy not just to advanced users, but to everyday transactions across chains.
Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.
Solana memecoin launchpad and one of Solana’s largest consumer crypto applications Pump.fun, has officially expanded beyond the Solana ecosystem. The platform now supports trading on Ethereum, Base, BNB Chain, and other EVM-compatible networks.
The update represents one of the most significant strategic shifts in the platform’s history. Until now, Pump.fun operated primarily as a Solana-native memecoin launchpad and trading venue. Its rapid growth helped fuel Solana’s memecoin economy throughout 2024 and 2025. With the latest release, users can trade assets across multiple chains while continuing to use $SOL as their trading currency. Pump.fun says users will not need to bridge assets or hold native gas tokens for supported EVM networks.
In its announcement post, Pump.fun described the update as “frictionless multichain trading.”
The platform outlined several new features, including a single wallet that trades across multiple chains, no requirement for manual bridging, no need to hold native gas assets like $ETH or $BNB, sponsored gas fees, and automatic multichain wallet generation for users.
The application framed the expansion as an effort to simplify access to opportunities across multiple ecosystems while maintaining a unified user experience.
Shortly after the announcement, Pump.fun co-founder Alon commented on the launch. He described the expansion as “another step towards making the pump fun app the greatest place to trench on the go!”
Mixed Reaction from Community Community reaction to the announcement quickly spread across crypto social media. Some users responded positively, especially because the feature removes several common pain points associated with cross-chain trading. One trader wrote, “I can’t believe I’m saying this, but good update.”
Crypto analyst @jussy_world described the feature as “cool,” particularly because users can buy Ethereum-based memecoins using $SOL.
However, the analyst also expressed skepticism about the long-term business impact of multichain expansion. He argued that other crypto products that expanded beyond Solana still derived most of their revenue from Solana activity. Referencing Phantom Wallet as an example, he stated, “96% of all revenue still comes from Solana and only 4% other chains.”
Other users compared the update to the growing popularity of Fomo, a social trading platform focused on simplifying token discovery and cross-chain trading. Several reactions directly referenced that comparison. One social media user said, “Just like the $USDC option, this is 100% because of the FOMO app.”
Another post read: “pump fun is the new fomo app.”
The comparison reflects a broader trend in crypto product design. Applications increasingly compete on simplicity, social discovery, and ease of execution rather than purely on blockchain loyalty.
The comparisons to Fomo did not emerge randomly. Fomo has gained attention by making token trading across Solana, Base, and BNB Chain feel more like a social application than a traditional crypto interface. Users can follow traders, monitor purchases in real time, and buy trending assets quickly through simplified payment methods. The application aims to reduce many of crypto’s traditional barriers, including wallet setup complexity, bridging friction, and gas management.
Pump.fun’s latest update appears to move in a similar direction. By allowing users to trade across chains without manually bridging funds or acquiring native gas tokens, Pump.fun removes several technical steps that often discourage casual participants. The platform’s decision to sponsor gas fees further reinforces this shift toward abstraction and convenience.
A Debate Around Solana’s Long-Term Value While some traders welcomed the update, others questioned what the move means for Solana itself. Popular trader and analyst CryptoKaleo asked, “What is the primary bull case for Solana now with pump fun opening the doors to EVM chains & USDC?”
The question reflects a broader debate that has intensified in recent weeks. Earlier this month, Pump.fun announced plans to introduce $USDC pairings for newly launched tokens. Previously, the platform heavily relied on $SOL-based liquidity pools.
Critics of the new $USDC pairing model argued that shifting away from $SOL-based liquidity could weaken one of the ecosystem’s strongest structural demand drivers. The multichain expansion has now added another layer to that discussion. Some traders believe Pump.fun is increasingly positioning itself as a chain-agnostic trading platform rather than as a product deeply tied to Solana’s long-term success.
Others argue that the move could ultimately strengthen Solana by expanding the reach and influence of one of its largest applications. The debate eventually drew responses from larger industry figures. Solana co-founder Anatoly Yakovenko had previously pushed back against claims that Pump.fun’s optional $USDC pairings were “extremely bearish” for Solana. Responding to criticism on social media, Yakovenko argued that using $SOL as a currency is “generally net zero” because the asset is bought, spent, and eventually sold.
He also challenged the idea that liquidity pools permanently remove meaningful amounts of $SOL from circulation. He added that at scale, the denomination of liquidity matters less than the depth and activity of the ecosystem itself, whether liquidity is held in $USDC, $BTC, or $SOL
After users questioned Solana’s long-term value proposition, Zach Pandl, Grayscale’s Head of Research, replied, “Solana is the leading high-performance blockchain.”
That argument continues to represent one of Solana’s core narratives. Even as applications expand across chains, supporters maintain that Solana still offers advantages in transaction throughput, execution speed, and retail trading activity.
Read More on SolanaFloor Jupiter Predict Targets Third Straight Monthly All-Time High as Sector Gains Momentum
Collector Crypt Hits $1B Volume as Solana’s Trading Card Frenzy Accelerates
wCrypto loves resurrection stories, and Wormhole is suddenly trying to audition for one. Its not up yet, but it could be in future. After spending most of 2026 looking like a token trapped in permanent hibernation, W token is getting fresh attention because Ripple’s RLUSD stablecoin is now moving across multiple blockchains through Wormhole’s Native Token Transfers (NTT) standard announced just today.
RLUSD Isn’t Another Meme-DollarThe announcement matters because RLUSD is being pitched as an institutional-grade product, not a retail yield gimmick. According to the disclosed details, the stablecoin is backed 1:1 to the US dollar, issued by Standard Custody under New York DFS oversight, and subject to monthly reserve attestations by an independent U.S.-licensed CPA.
The more interesting piece is the transport layer. Traditional cross-chain moves often rely on wrapped representations that create fragmentation and additional trust assumptions. Wormhole says RLUSD will move natively across ecosystems using NTT, preserving issuer control and compliance features instead of creating wrapped copies.
The Infrastructure Numbers Suddenly Matter AgainMetricFigure disclosed by WormholeCumulative cross-chain volume$70B+Cross-chain messages processed1B+Assets supported100+Connected chains40+That’s the sales pitch: RLUSD joins an existing network that already claims substantial throughput and asset coverage. If institutions actually care about moving compliant dollars across multiple chains for payments, tokenization, and treasury operations, those metrics become more than marketing decoration.
Can The W Token Wake Up?The chart, however, remains brutal. On the weekly timeframe, W has been in a prolonged downtrend and has shown little momentum through most of 2026. This news doesn’t magically erase that history.
Still, if RLUSD activity translates into real usage of Wormhole infrastructure, demand for the ecosystem could improve. The technical level traders are watching is $0.05107. A decisive move above that resistance would be the first meaningful signal that the market is willing to price in a recovery. Beyond that, the longer-term upside markers sit around $0.18881 and $0.51268.
In other words: the infrastructure story just improved materially, but the Wormhole token (W) still has to prove it’s more than a dead asset.
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
A tokenized fund that only lives on one chain is a closed-loop product. Capital sits wherever the vault was deployed. Investors need to be on that exact chain. DeFi integrations are limited to what's available within that ecosystem.
Distribution to any chain is not a feature. It's a requirement. Institutional allocators operate across chains. DeFi protocols launch where liquidity concentrates. A fund that can't follow capital where it moves will always be constrained by the deployment decisions made on day one or the operational complexities.
The async settlement model from part 3 is what makes this possible. Cross-chain round-trips become normal steps in the request lifecycle rather than blockers.
Hub-and-spoke: one source of truthCentrifuge implements multichain through a hub-and-spoke architecture. A single hub chain holds the authoritative state: pool accounting, NAV calculations, pricing, and permission management. Spoke chains are distribution endpoints where share tokens and vaults accept local payment assets.
A fund manager operates one pool. Investors on Base, Arbitrum, Ethereum mainnet, or any other supported chain interact with local vaults. The hub reconciles everything: share prices, balances, investment and redemption flows. No per-chain bookkeeping. No reconciliation across isolated deployments.
The architecture abstracts away the complexity of each individual chain. A builder or fund manager doesn't need to understand the gas model, finality characteristics, or bridging quirks of every chain. They interact with a single pool, and the protocol handles the translation.
A tokenized asset can be deployed to any number of chains in a single action. Each new spoke is provisioned automatically with share tokens, escrows, and vault contracts.
The cost argument is fadingThe standard objection to multichain distribution is overhead: bridging costs gas, takes time, and introduces risk. These concerns were valid. With L2 gas fees measured in fractions of a cent and relay costs falling as providers compete, the overhead is shrinking with every rollup upgrade.
Cross-chain messaging is commoditizing. Multiple providers (Axelar, LayerZero, Wormhole, Chainlink CCIP) compete on cost and speed. Rollup economics continue to push gas costs down. Fast finality on L2s shrinks confirmation windows.
The real cost is not being multichain: fragmented liquidity, missed integrations, and the operational burden of managing isolated deployments.
Multi-adapter securityMultichain architectures are only as reliable as the bridge they depend on. Centrifuge doesn't depend on one.
Each chain connects to multiple interoperability providers through adapters. Each cross-chain message can be verified by multiple independent proofs from different providers. This was designed from the first deployment.
Adapters are modular. Pool deployers select which providers to use and can add new ones as the interoperability landscape evolves. If a new provider offers better cost or speed, it can be integrated without redeploying the vault infrastructure.
If an adapter is temporarily unavailable, messages can still be confirmed by the remaining providers. Pools configured with a confirmation threshold lower than the total number of adapters maintain liveness as long as enough adapters are operational to meet the threshold.
Automatic batchingCross-chain messaging has a per-message cost: relay fees, proof verification, destination gas. For a vault processing dozens of requests across multiple chains, per-request messaging gets expensive fast.
Centrifuge batches automatically. Multiple cross-chain messages are grouped into a single payload with a single set of proofs. A day's worth of deposit fulfillments, share transfers, and price updates can settle in one batched transaction rather than dozens of individual relays.
Batching is nestable. Multiple contracts can compose operations within the same batch without worrying about whether a sub-call already started its own. The protocol tracks nesting depth and only sends when the outermost batch completes. For builders, the interface stays the same whether the vault serves 5 investors or 5,000.
Messages for the same pool and chain are collected into a single payload. Different pools or chains produce separate batches. Without batching: 7 messages x relay fee = 7x cost. With batching: 1 message x relay fee = 1x cost.Cost estimates and gas subsidiesCross-chain operations have variable costs. Builders and managers need to know what an operation will cost before committing to it. Every adapter provides an estimate function that returns the expected cost of a cross-chain message based on current conditions, so managers can budget accurately and builders can surface costs to users.
For institutional investors, holding native gas tokens on every chain just to pay for vault interactions is an operational burden. Centrifuge solves this with gas subsidies. Each pool has a dedicated escrow that managers can fund with native tokens. Cross-chain gas costs are drawn from the escrow, so investors interact with vaults using only their deposit asset.
If a message is sent without sufficient gas the protocol queues it and anyone can fund it later. Cross-chain operations are resilient to temporary gas gaps rather than failing permanently.
Distribution is the productThe value of a tokenized fund is significantly impacted by where it can be accessed. A treasury fund on Ethereum mainnet that's also available on Base, Arbitrum, and Optimism doesn't just reach more investors. It becomes eligible for more DeFi integrations, more protocol treasuries, more automated strategies.
Centrifuge's multichain architecture makes distribution a single deployment step, not a multi-month engineering project. A fund manager clicks once, and a new spoke is provisioned with share tokens, escrows, and vault contracts on the target chain. The hub handles cross-chain accounting and settlement automatically. Adding a tenth chain works the same as adding the second. Builders integrate with a standard vault interface on whichever chain their users are on.
Multichain operations also need multichain observability. Centrifugescan is the first cross-chain explorer built for tokenized assets. Rather than checking five different block explorers, managers and builders track cross-chain message lifecycle, investment flows, and vault state across every spoke in a single view.
Centrifuge is currently available on Ethereum, Base, Arbitrum, Solana, Stellar, BNB Chain, Avalanche, Plume, Optimism, Hyperliquid, Monad and Pharos.
The crypto industry is going through one of the worst bear markets since the 2017 bull run. One of the reasons often cited for this is the non-existence of fiat on-ramps and the complicated user experience (UX) of most crypto products. Mass adoption has become the holy grail for developers.
Plutus is one of the players in the industry that has been silently working on solving these problems and taking crypto to the masses. They have been developing solutions that solve all the major pain points of a crypto user today. With the aim of becoming a bridge between the Fiat and Crypto markets, they have imbibed the best of both worlds.
Founded by an experienced team with over 40 years of combined experience behind them, Plutus has positioned itself to become one of the biggest crypto players in the market in 2020. Plutus allows members to manage, exchange, spend and earn assets; all under one intuitive application.
“In 2015, we were the first to announce our plans to bridge the gap between crypto and fiat in the real world. After much anticipation, we have now developed a technology that is better than a Bank.” Added Danial Daychopan, CEO and Founder of Plutus.
Instant Current AccountPlutus enables users to rapidly create an account with a sort code and account number, or a European IBAN depending on your location. Users just need to sign up on their website, an easy process compared to visiting a bank and completing all their formalities. This can be done from anywhere in the European Economic Area in under two minutes. Users can then deposit money into this account and spend as they wish.
Cryptocurrency WalletPlutus members can then attach their own cryptocurrency wallet to their account and manage their crypto assets from the same interface. This provides a non-custodial and convenient way of managing both crypto and fiat in one place.
Decentralized ExchangeThe application includes a built-in peer-to-peer exchange for converting cryptocurrencies and fiat. Plutus members can seamlessly convert between crypto and fiat pairs including Bitcoin, Ethereum, Pluton and fiat currencies like GBP or Euros.
Plutus Debit CardSpending cryptocurrencies has always been a challenge, however, by tying the exchange to a Visa debit card, members can make practical use of their cryptocurrencies. With the Plutus Debit Card, a member can convert their crypto tokens into fiat and spend it online or in physical shops. The Plutus Card is accepted at over 400 million merchants which helps to integrate crypto into everyday payments.
RewardsPlutus provides up to 3% of every purchase back as a reward in their own token, Pluton (PLU). Pluton is a loyalty token based on the Ethereum blockchain. The more you use the Plutus Card, the more rewards you receive – just like your frequent flier miles.
Secure Trading ExperiencePlutus provides an escrow service that temporarily holds the buyer’s fiat funds until the crypto transaction is completed, the funds are then transferred to the seller of crypto. For crypto transactions, being a decentralised platform means Plutus never takes custody of the tokens in the first place. This makes the entire platform secure from prying eyes and hackers.
Easy to use UXPlutus provides these facilities on desktop and a mobile app available on Apple and Android markets. Its clean and minimalistic user interface makes it appealing to new entrants in the crypto market while the powerful features attract the veterans.
Conclusion
Plutus provides a convenient way of managing both crypto and fiat in one user-friendly application. The built-in exchange allows users to conveniently convert their assets; and by linking this to a Visa debit card, members can spend their converted cryptocurrency anywhere in the world. These features help people integrate cryptocurrencies into everyday activities and the ease-of-use is especially attractive for those who don’t have the time to learn the ropes of the crypto industry.
Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity
Did you like the news you just read? Please leave a feedback to help us serve you better
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
Author
Ishan Garg Ishan is a cryptocurrency trader and a journalist. He joined the cryptocurrency space in 2017. He is the founder of Blockmanity. He is a HODLER and is holding BTC, ETH & UGT.
