We’re thrilled to announce that today, we are launching a massive new update for Mirandus: Eternal Night!
This new version introduces our highly anticipated Boss Event and the official launch of our exclusive item collection. It is your chance to dive into the darkness, participate in an epic community event, and achieve victory.
Here is what to expect when you jump in tomorrow:
The Cosmic Hunt (Boss Event) The time has come to face the Apex Threat! A massive World Boss with a persistent global HP pool will spawn on the map. Players will engage in turn-limited auto-battles to chip away at its health.
Defeating the boss unlocks a special promotional distribution:
70% of the distribution is tied to the single player with the highest cumulative contribution throughout the event.
30% of the distribution is tied to the single player who lands the final successful strike against the World Boss.
(Please note: Acquiring gear does not guarantee better results in the event. To ensure a completely fair and compliant experience, all promotional distributions enter a holding period for an eligibility check before being fulfilled manually).
💎 Exclusive Sparkforge Launch Today, our premium collection officially opens, featuring the legendary Sparkforge armor set to grant your Echo the unbreakable resolve needed to withstand the Absence.
For most of the past year, it looked like prediction markets had kicked off a new golden age of fraud. On Polymarket, traders raked in fortunes from suspiciously timed bets on geopolitical events like the raid on Venezuela and the Iran War. It wasn’t clear whether the US government would bother pursuing some of the most flagrant bad actors, since Polymarket’s crypto-based platform was technically offshore and not regulated or licensed within the country.
Now, however, the Commodity Futures Trading Commission, which oversees prediction markets, wants you to know that it’s watching very, very closely. The agency is searching for suspicious behavior from traders within the United States who have been sneaking onto offshore markets, including Polymarket’s crypto platform—which is blocked stateside—by using virtual private networks. “We're going to find them, and we're going to bring actions,” agency chairman Michael Selig told WIRED this week, speaking from the CFTC’s headquarters in Washington, DC.
Selig says the agency, which is especially lean right now, is staffing up. Like so many other AI-pilled workplaces, the CFTC is also leaning into automation to handle the growing workload, including tools that analyze trading patterns and flag potential manipulation. “You’ve got so much data,” Selig says. “When we feed it into AI, we get really great information. It can help us understand things, like where we might want to investigate, or when we might need to send a subpoena to a trader.”
In addition to proprietary surveillance systems developed in-house, the agency’s arsenal includes third-party blockchain tracing tools like Chainalysis for crypto platforms, and market abuse detection software including Nasdaq Smarts for centralized markets. (Beyond Nasdaq Smarts, the agency did not specify which AI tools it uses and declined to share more specific examples.)
Prominent prediction market companies have recently started touting all the work they’re doing to catch sketchy bettors. US-based exchange Kalshi, Polymarket’s primary competitor, eagerly announced that it has suspended and penalized customers flagged for insider trading and market manipulation.
In April, after significant backlash over suspected insider trading, Polymarket announced its own partnership with Chainalysis. It was part of a broader push to crack down on market manipulation. While the company’s CEO, Shayne Coplan, had talked in the past about why insider trading could be good for prediction markets, Polymarket changed its approach this spring, updating its market integrity rules and announcing a partnership with Palantir for its US-based sports markets (the Chainalysis deal focuses on the offshore platform). The company did not respond to WIRED’s request for comments for this story.
According to Chainalysis spokesperson Maddie Kenney, the company analyzes the same data for both clients. “The value Chainalysis adds for our customers, including Polymarket and the CFTC, is organizing the data and enriching it with the attributions and insights we've accumulated over years in the space,” she says. Certainly sounds like a good deal for Chainalysis!
Got a Tip?Are you a current or former government employee who wants to talk about what's happening? We'd like to hear from you. Using a nonwork phone or computer, contact the reporter securely on Signal at Kateknibbs.09.The CFTC's assurances that it is hunting insiders comes at a moment of intense scrutiny on prediction markets. In March, Connecticut senator Chris Murphy told WIRED that he suspected White House staffers were engaged in insider trading on war-related contracts. At the beginning of April, seven members of Congress asked the CFTC to investigate overseas markets offering war-themed events contracts. In a letter, the lawmakers argued that the commission had the authority and responsibility to curb insider trading, especially on “morally obscene” trades on military action. Selig recently told Congress that the company is pursuing “hundreds, if not thousands” of insider trading tips.
Investigations are not limited to federally regulated exchanges. “We’re surveilling the markets on a global basis,” he tells WIRED.
Selig says that the agency will exert extraterritorial jurisdiction—its legal ability to enforce its laws beyond traditional boundaries—when it finds suspicious activity on offshore platforms like Polymarket, though he says it’s a case-by-case approach. “We use it in extreme circumstances,” he says, with an eye towards whether charges have a strong chance of sticking in court. “In any extraterritorial litigation, there's going to be challenges to our authority, and that could also impair our ability to bring cases in the future.” According to Selig, the 2010 Dodd-Frank Act allows the CFTC more leeway to pursue this kind of enforcement action, by giving it more authority over foreign swap activities that impact the US. When appropriate, the agency works with regulators from other countries, too. “For cases where we’re not sure we’ll win, or it’s less in our wheelhouse and more of a foreign matter, we would relay it to a foreign regulator,” he says. “We’re constantly referring cases.” (The agency declined to specify which cases it had referred.)
So far, exactly one man has been charged with insider trading in the United States. On April 23, federal agents arrested a US Army special forces soldier for trades he made on Polymarket last year tied to the capture of former Venezuelan leader Nicolas Maduro. After the arrest, Polymarket claimed that it had flagged the trade to the government.
Selig is insistent that the CFTC is only just getting started. The agency will identify wrongdoers, he says—no matter “how large or how small.”
Update 5/15/26 2:15pm ET: This story has been updated to reflect the location of the CFTC's headquarters.
The Gauge of Stability is surging! We have already accumulated a 500 GUSDC bounty to push back the darkness. Remember, this entire pool is the reward you will be fighting to win the moment the gauge fills and the World Boss spawns! Plus, we have rolled out a bunch of highly anticipated updates for you to explore.
🔄 The Give Back System Because you truly own your assets, you have the flexibility to utilize the “Give Back” system for the premium NFTs you bought. At any time, you can choose to give your item back to the ecosystem, provided it is the exact same NFT you originally purchased from the store (this option is not available for NFTs acquired through player trades).
Choosing to give back your item will burn the NFT and automatically close its specific liquidity position on the DEX, giving the resulting $GALA and GUSDC directly to your wallet. (Note: Because this relies on live decentralized exchange mechanics, the final token amount you receive may be more or less than the original 50% backing, depending on the position’s market performance and transaction fees).
The Cosmic Hunt is almost here with a GUARANTEED 1,000 GUSDC Bounty!
A massive Apex Threat is preparing to emerge from the shadows, and the hunt begins soon.
Every time players make NFT purchases using GUSDC, it contributes to filling the gauge.
Once the boss appears:
• 70% goes to the top damage dealer
• 30% of the bounty goes to the final hit
Stock up on strong potions, prepare your loadout, sharpen your strategy, and get your gear ready to dominate the leaderboard.
PANews reported on June 2 that Bybit Options' "Golden Treasure Hunt" event has officially launched. During the event period (June 1 to June 30), trading options will allow participants to share a total reward pool of 77,640 USDT.
The event features two tracks: Track A is the XAUT Lucky Draw (prize pool of 20,000 USDT), where the higher the trading volume, the more draws there are and the higher the chance of winning; Track B is the Trading Volume Leaderboard (up to 57,640 USDT can be unlocked), where the top 30 traders unlock corresponding reward tiers based on their total collective trading volume, and the highest reward tier can be unlocked when the collective trading volume exceeds 2 billion USD.
You're reading Crypto Long & Short, our weekly newsletter featuring insights, news and analysis for the professional investor. Sign up here to get it in your inbox every Wednesday.
Welcome to our institutional newsletter, Crypto Long & Short. This week:
Alex Tapscott on the stalling of the CLARITY Act and how it’s impacting the average American consumer.Aisha Hunt writes that crypto will grow by upgrading Wall Street’s trusted products rather than replacing them.Top headlines institutions should pay attention to by Helene Braun“RWA Perp Volume by Category: Equities Overtake Commodities” in Chart of the Week-Alexandra Levis
Expert Insights
What about the American consumer?By Alex Tapscott, CEO, CMCC Global Capital Markets
The little guy is getting lost in the political horse-trading around the CLARITY Act.
The U.S. Senate Banking Committee recently advanced the Digital Asset Market CLARITY Act, legislation that, if enacted, could finally establish clear rules for digital assets in the United States. The bill has survived months of bipartisan negotiations and horse trading between banking interests and upstart fintech companies.
A bipartisan compromise brokered by Senators Thom Tillis (R-NC) and Angela Alsobrooks (D-MD) broke a log-jam that had slowed down the bill’s progress. In the end, the banks got most of what they wanted in this “deal”: the legislation explicitly prevents fintech platforms from treating stablecoins, digital assets backed by dollars, as interest bearing accounts, while still permitting them to pay rewards and bonuses, as banks and credit card issuers do.
That should have ended the debate. Yet banking lobby groups are demanding tighter restrictions to eliminate many forms of consumer rewards altogether. Clearly, they seek to squash this already compromised bill before a full Senate vote, so that it never reaches the Resolute Desk.
Lost amid the political wrangling of crypto and banking interests is the average American consumer.
According to the Consumer Financial Protection Bureau (CFPB), Americans paid roughly $5.8 billion in overdraft fees in 2023, even after years of industry efforts to reduce so-called “junk fees.” Overdraft charges disproportionately hit financially vulnerable households, with nearly 80% of fees concentrated among 9% of accounts. And then there are account minimums, wire charges and payment delays, which add friction. Meanwhile, the average savings rate is only 0.38%.
Consumers want financial services to move faster, cost less and earn them more.
Stablecoins are gaining popularity because they herald a world where digital dollars move across the internet as cheaply and seamlessly as a WhatsApp message. They can lower remittance costs, improve access to digital commerce, expedite real-time payments and create new ways for consumers to save, spend and transact online.
And Americans are asking for CLARITY because many already use these tools. According to the Crypto Council for Innovation, one in five American adults now owns cryptocurrency. That’s roughly 68.5 million people. Stablecoins are among the fastest-growing categories of digital assets, particularly among younger consumers, immigrants, freelancers and underserved communities seeking faster and cheaper financial tools. Four in five merchants believe accepting crypto could help attract new customers, while 73% of small business owners expect crypto payments to grow.
That’s what makes this debate so politically mystifying. For years, progressives argued that concentrated financial power harmed consumers and Main Street. They criticized large banks for extracting rents while lobbying against regulations that diluted bank influence. Those critiques were often correct. Today some of those progressives, like Elizabeth Warren, who championed the Consumer Financial Protection Bureau, are now defending banking profits against a technology that could inject real competition into financial services and empower consumers and small businesses.
Congress should pass CLARITY in its current form to benefit American consumers and preserve American competitiveness and leadership in the next era of financial technology. This lead is by no means assured: today, 88% of global crypto trading volume occurs on non-U.S.-based exchanges, while foreign-issued stablecoins account for 75% of stablecoin volume. Over the past decade, the U.S. share of global crypto developers has fallen from 38% to just 19%.
Do American politicians want their country to continue leading, or do they prefer watching such financial transformation from the sidelines?
In the 1990s, the Clinton administration helped usher in the commercial internet through the Telecommunications Act of 1996, a bipartisan effort expanding innovation and competition. Now, Congress has an opportunity to unleash the new internet of value by passing CLARITY.
Under GENIUS and CLARITY, stablecoin issuers must meet strong reserve requirements, transparency obligations, anti-money laundering standards, cybersecurity rules and consumer protections. Sensible public policy will unleash investment and innovation, as it did in the internet era.
This story need not end in conflict between banks and blockchains. Incumbents can just as easily embrace blockchain and its various benefits, from real-time global settlement and tokenized assets, to new forms of on-chain lending, payments, savings and commerce.
The question is whether lawmakers will vote to lead this next technological revolution and advance the interests of American consumers or cede the future to entrenched interests.
Principled Perspectives
Why Crypto May Need ETFs More Than ETFs Need CryptoBy Aisha Hunt, founder of Kelley Hunt, PLLC
Crypto spent its first decade trying to replace Wall Street. Its next trillion dollars may come from partnering with it. The first wave of tokenization focused on creating new assets, new venues and new systems outside traditional finance. Some of that innovation mattered. Much of it struggled with the same problem: markets do not scale on technology alone. They scale on trust, liquidity and distribution. That reality favors ETFs.
The ETF wrapper became one of the most successful financial products of the modern era because it solved practical investor problems at scale: low-cost access, transparency, intraday liquidity, operational simplicity and broad distribution across brokerage platforms and advisory channels.
Those advantages took decades to build. Tokenization does not erase them. In fact, it may amplify them. If blockchain rails can be integrated into ETFs, investors may not have to choose between innovation and protection. They could gain exposure to familiar products with the potential benefits of faster settlement, programmable ownership, collateral mobility and broader digital interoperability, all inside a structure already trusted by institutions, advisors and retail investors.
That is a far bigger commercial opportunity than asking trillions of dollars to migrate into unfamiliar vehicles. This is why one underappreciated development matters. On January 21, 2026, F/m Investments LLC and The RBB Fund, Inc. filed what is believed to be the first exemptive application by an ETF issuer seeking to tokenize shares of an exchange-traded fund, TBIL, the U.S. Treasury 3 Month Bill ETF. The proposal would record ownership on a permissioned blockchain ledger while preserving the same fund, same economics, same exchange listing and same regulatory framework. The application remains pending before the SEC, and there can be no assurance relief will be granted. That may sound like a niche legal filing. It is not. It is a test of whether capital markets modernization happens inside the regulatory perimeter or outside it.
That distinction matters to investors because the next major on-chain growth category may not be speculative tokens. It may be trusted yield, usable collateral and regulated exposure. Stablecoins already demonstrated the demand for digitally native dollars. The next logical step is digitally native instruments backed by real portfolios, real governance and real investor protections.
That is where tokenized ETFs could become powerful.
Imagine Treasury exposure that can plug into next-generation collateral networks. Imagine ETF shares that remain within familiar regulatory guardrails while operating on more modern rails. Imagine advisors and institutions accessing blockchain efficiency without having to underwrite experimental structures.
The first tokenization narrative was “replace incumbents.” The stronger narrative may be “upgrade incumbents.” That does not diminish crypto; it commercializes it.
For regulators, tokenized ETFs may offer a pragmatic path forward: enable innovation where investor protections remain intact, rather than pushing demand into parallel channels with greater uncertainty. For exchanges, custodians, brokers and market makers, it could create a new infrastructure layer around products investors already understand.
For issuers, it may become a race. The firms that combine trusted wrappers, credible assets and functional on-chain rails could capture disproportionate flows. And for allocators, the signal may be simple: blockchain technology is becoming less about novelty and more about plumbing.That is usually when real adoption begins.
The broader lesson is that distribution often beats disruption:
Who already has trusted wrappers?
Who already has liquidity?
Who already has access to advisors, retirement assets and institutions?
Who can bridge old rails and new rails fastest?
Those questions point toward ETFs.
The next trillion dollars of tokenized assets may not come from inventing something entirely new; they may come from upgrading what already works. Crypto’s first era was about building outside the system. Its next era may be about powering the system.
Headlines of the weekBy Helene Braun
A few of crypto's biggest debates converged this past week as Michael Saylor's Strategy (MSTR) sold bitcoin to fund preferred stock dividends, JPMorgan CEO Jamie Dimon escalated his fight against yield-bearing stablecoins during the CLARITY Act debate, and Citi projected tokenized securities could grow into a $5.5 trillion market by 2030, driven by rising demand for onchain Treasuries and tokenized stocks.
Michael Saylor's Strategy sold 32 bitcoin for $2.5 million to fund dividend payments: The 8-K filing Monday says proceeds from the May 26–31 sale, executed at an average price of $77,135 per coin, will fund distributions on Strategy's preferred stock.‘The banks will not accept it’: Dimon escalates battle over stablecoin rewards in CLARITY Act debate: JPMorgan CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong and warned the current CLARITY Act framework could ultimately fail, as banks and crypto firms clash over whether stablecoin issuers should be allowed to offer yield-bearing rewards that resemble bank deposits.Citi predicts the tokenized securities market will grow to $5.5 trillion by 2030: Stablecoins alone will generate a demand for up to $1 trillion worth of onchain U.S. Treasury bills and $2.6 trillion for tokenized stocks, said Citi.Chart of the Week
RWA Perp Volume by Category: Equities Overtake Commodities (excluding oil)RWA perps run ~$45–60 billion/week, and flow is rotating out of commodities into equities. Equities roughly tripled to ~$18 billion and just overtook the commodities (excluding oil) block, while oil faded after its April macro spike. This implies that crypto-venue derivatives are increasingly used for 24/7 equity exposure, with commodities now the episodic, event-driven slice.
XRP could be headed for one final drop toward the key $1 level before a larger recovery begins.
Analyst Arthur believes several technical and regulatory factors are lining up for a possible turning point. His comments come as XRP remains under pressure in the ongoing crypto market decline.
Notably, the token is currently trading at $1.13, down 2.21% over the last 24 hours, according to CoinMarketCap.
Key Points Analyst Arthur says XRP could make one final move toward $1 before a stronger recovery begins. XRP has broken a long-term downtrend line, a sign that bearish momentum may be fading. Arthur sees the upcoming Clarity Act discussions as a potential catalyst for XRP’s next move. The CMC Altcoin Season Index fell 6.52%, signaling capital is rotating out of altcoins and into safer assets.
Analyst Targets $1 Liquidity Zone In a chart shared on X, Arthur highlighted XRP’s weekly structure. He pointed to the 0.786 Fibonacci retracement level near $1.17, noting that it has already been tested twice.
Arthur also noted that XRP has broken a long-term descending trendline that stretches back to its all-time high. This could be a sign that the downtrend is weakening. However, he does not believe the market is finished with the $1 area.
“$1.00 still sitting there. Full of liquidity,” Arthur wrote.
According to him, traders and market makers could push XRP down to $1, or even slightly below it, to trigger stop-loss orders and shake out weaker holders. He sees this as a final liquidity sweep before a stronger upward move begins.
The chart also identifies a support zone between $0.95 and $1.00. Arthur believes this area will be important if selling pressure continues.
Clarity Act as Potential Catalyst Arthur also pointed to the Clarity Act in the U.S. Senate as a possible catalyst for XRP. He noted that July 4 is a target date for progress on the legislation. That places the event about a month away.
In his view, regulatory clarity combined with improving market structure could create favorable conditions for XRP once the current correction ends.
Community Agrees With Shakeout Scenario Arthur’s analysis received support from Korean market commentator @free_salaryKR. The commentator described the $1 level as a “massive psychological magnet.”
He argued that a move into that area would be a classic liquidity hunt, forcing impatient traders out of their positions before a larger rally.
According to his analysis, the combination of a broken all-time-high trendline, Fibonacci support, and the Clarity Act timeline creates what he called a “textbook setup” for a potential reversal.
XRP Falls Alongside Broader Crypto Market Despite the bullish long-term outlook, XRP remains caught in a market downturn. CoinMarketCap data shows that total cryptocurrency market capitalization fell 2.07% over the past 24 hours.
Investor sentiment has also weakened sharply. The Fear & Greed Index currently sits at 17, signaling “Extreme Fear.”
Meanwhile, the CMC Altcoin Season Index dropped 6.52%. This suggests capital continues to move away from altcoins like XRP and into relatively safer assets during the current macro-driven sell-off.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched a new season of its ‘daily treasure hunt‘ campaign, introducing football match tickets and XAUT rewards while offering eligible participants the opportunity to earn a share of 300,000 USDT in daily rewards through trading and platform engagement activities. As the latest edition of Bybit’s ongoing daily treasure hunt rewards program, the campaign encourages users to earn points through everyday activities across the platform, including trading, exploring products and participating in special missions.
This season features an expanded rewards pool, with football match tickets and XAUT airdrop rewards worth up to 100 USDT added to the scratch card prize pool.
XAUT airdrop rewards have also been introduced to the redemption pool, providing participants with additional opportunities to earn rewards throughout the campaign.
Participants can accumulate points by completing daily trading tasks, engagement activities and limited-time missions.
Trading tasks begin with as little as 10 USDT in trading volume, while additional points can be earned through interactions with Bybit products, events and features.
Users may also accelerate their point accumulation by completing special missions tied to new product offerings.
Points can be redeemed for scratch cards at a rate of 50 points per draw.
The campaign will make up to one million scratch cards available, giving participants opportunities to win a variety of rewards, including football match tickets, USDT rewards and XAUT airdrops.
Individual scratch cards may award prizes worth up to 1,000 USDT, subject to availability.
In addition to scratch card prizes, participants can redeem points for rewards including boost coupons, VIP trial passes, USDT airdrops and XAUT airdrop rewards worth up to 100 USDT.
Reward redemptions begin at 300 points.
The campaign’s pre-registration period will run from June 2, 2026, at 3:00 a.m. PST to June 9, 2026, at 2:59 a.m. PST.
The event period will take place from June 9, 2026, at 3:00 a.m. PST to July 14, 2026, at 2:59 a.m. PST, followed by a redemption period from July 14, 2026, at 3:00 a.m. PST to July 17, 2026, at 2:59 a.m. PST.
Logged-in users who visit the event page during the registration period will be automatically enrolled in the campaign.
Points earned throughout the event will continue to accumulate and will not reset. Any unused points remaining after the redemption period ends will expire.
Participation is open to users who have completed individual identity verification level one or business verification and who reside in eligible jurisdictions.
Subaccounts, market makers, institutional users, VIP users and Pro users are not eligible to participate. The campaign is also unavailable to users residing in the European Economic Area.
#Bybit / #NewFinancialPlatform
About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users.
Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone.
With a strong focus on Web 3.0, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation.
Renowned for its secure custody, diverse marketplaces, intuitive user experience and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi (decentralized finance), empowering builders, creators and enthusiasts to unlock the full potential of Web 3.0.
Discover the future of DeFi at Bybit.com.
For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact the email below.
For updates, please follow Bybit’s communities and social media.
China-nexus adversaries attacked the technology sector more than any other industry over the past year, stealing artificial intelligence (AI) capabilities and intellectual property (IP) that Beijing cannot build fast enough on its own, CrowdStrike said.
The cybersecurity firm tracked activity from April 2025 to March 2026, linking it to Beijing’s drive for technological self-sufficiency and its stated goal of global AI leadership by 2030.
Why China Targets the Technology SectorTechnology firms are where the most valuable AI development now sits. That concentration has pushed the sector to the top of attackers’ target lists. CrowdStrike attributed more than 58% of state-sponsored targeted intrusions against tech to China-nexus groups.
AI capabilities rank as the highest-value intelligence collection target. Beijing can apply those capabilities to military modernization, economic growth, and intelligence gathering.
“Technology entities in general serve as a strategic target for China-nexus adversaries because access to such entities provides high-value intelligence collection as well as access to downstream customer environments that can enable potential supply chain compromises,” the report read.
Several named groups drove the campaigns, including MURKY PANDA, MUSTANG PANDA, OVERCAST PANDA, SUNRISE PANDA, and WARP PANDA. MURKY PANDA’s password-spraying operation alone hit more than 340 US-based entities.
Follow us on X to get the latest news as it happens
China-Nexus Adversaries Targeting the Technology Sector. Source: CrowdStrikeThe AI Race Driving the EspionageCrowdStrike frames the espionage as industrial policy aimed at closing China’s AI innovation gap. Adam Meyers, who heads counter-adversary operations at CrowdStrike, explained that each leap in AI capability rewards the developer with an advantage and hands intruders a new way in.
“China runs cyberespionage as an industrial policy to try to close the AI innovation gap, demonstrating that AI capabilities are the prize adversaries are after. Whether you’re building AI or adopting it, security has to be built in from the start,” Meyers said.
The firm expects China to keep prioritizing technology entities for at least 12 months. It cited US-China decoupling, sanctions enforcement, and economic espionage as the main drivers.
The findings sharpen a wider debate over the US lead in AI. Anthropic has argued that Washington could lock in a 12 to 24-month advantage over China through curbs on chip smuggling, offshore data centers, and model distillation.
Therefore, the coming year will test whether export controls and security investments can protect that edge, even as adversaries target the tools used to build AI itself.
Subscribe to our YouTube channel to watch leaders and journalists provide expert insights
Fetch.ai is bringing its Agent Execution Verification System to Product Hunt, marking what the company calls the first on-chain tool designed to generate independently verifiable cryptographic receipts for actions performed by AI agents.
Think of it as a notarized paper trail for robots. Every time an AI agent claims it processed a refund, executed a payment, or completed a task, AEVS creates a tamper-evident record that anyone can audit.
What AEVS actually does AEVS generates public audit trails for agent-executed actions like refunds and payments. These aren’t just log files sitting on a server somewhere. They’re cryptographic receipts anchored on-chain, meaning they can’t be altered after the fact without leaving evidence of tampering.
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The verification mechanism works by creating independently verifiable proofs for each action an AI agent performs. When an agent claims “refund processed,” AEVS provides the cryptographic evidence to back that claim up.
The market noticed When AEVS first launched on May 12, 2026, FET climbed 3.15% within 11 hours. That might sound modest, but context matters. The broader crypto market dropped 0.87% during the same window, making the move a roughly 4% outperformance against the prevailing trend.
Fetch.ai’s decision to bring AEVS to Product Hunt is notable in itself. Product Hunt is traditionally a launchpad for consumer tech and SaaS products, not blockchain infrastructure. The planned Product Hunt appearance is scheduled for June 10-11, 2026.
Fetch.ai’s bigger picture AEVS doesn’t exist in isolation. Back in December 2025, the company demonstrated the world’s first AI-to-AI payment, where autonomous agents transacted with each other without human intervention. AEVS is essentially the accountability layer that makes those kinds of interactions trustworthy at scale.
Fetch.ai operates within the Artificial Superintelligence Alliance, a collaborative framework that combines resources and technology from SingularityNET and CUDOS. This alliance pools AI research, decentralized computing power, and agent infrastructure into a shared ecosystem, giving Fetch.ai access to a broader technology stack than it could build alone.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
The Anchor of Stability has reached its absolute limit!!!
💰 Claim Your Share of 1,000 GUSDC Bounty! The event is completely open to everyone, meaning any adventurer can step into the darkness and join the fight. Once the massive World Boss is defeated, the bounty will be distributed as follows:
70% of the bounty goes to the single player who deals the most cumulative damage throughout the entire event! 30% of the bounty goes to the single player who lands the final strike! (Note: To ensure a completely fair fight, rewards enter a 24-48 hour holding period for an eligibility check before being distributed via a manual drop to the winners). ⚔️ How to Play & Join the Hunt:
Find the Threat: The World Boss is currently hidden deep within the impenetrable darkness. Explore the uncharted wilderness to track it down and be the first to discover its exact location! Engage in Skirmishes: Because combat is an autobattler, the boss cannot be defeated in a single encounter. Entering the boss hex initiates a skirmish lasting a maximum of 5 combat rounds. Chip Away at the Global HP: Any damage you deal before dying or retreating is permanently subtracted from the boss’s massive Global HP pool, which updates in real-time for everyone on the server. Retreat and Restock: The boss deals brutal damage and will dynamically change its stats or stances as it loses health. You must carefully manage your Energy and HP. If you wipe out, you will be sent back to your last visited Town. Retreat to nearby towns to heal your Exemplars and buy strong potions before jumping back into the fray. Gear Up for the Challenges Ahead: The Sparkforge Collection is Available!
The Eternal Night grows darker — and your Echo needs every advantage. The Sparkforge Collection is now live in the Global Store, bringing a full set of powerful equipment forged for the battles ahead.
Head to the Global Store, connect your wallet, and secure your Sparkforge gear before it’s gone.
Log in with your Gala Wallet, check your armor and inventory, and secure your strong armor and potions. The Eternal Night is pressing in, but fortune favors the bold!
Americans lost a record-breaking $20.9 billion to cybercrime last year due to a surge in cybercrime. In response, the FBI is cracking down harshly against crypto scammers.
FBI Director Kash Patel took to social media to warn those decentralized financial systems to avoid accruing ill-gotten gains.
Crypto Fraudsters have been scamming and taking advantage of the America people for too long.
No more! This FBI will find you, and we will bring you to justice!
-DKP🇺🇸 pic.twitter.com/qfJU9hCKnn
— FBI Director Kash Patel (@FBIDirectorKash) June 19, 2026 According to the IC3 report, cryptocurrency-related fraud now makes up more than half of all cybercrime losses in the United States, reaching a staggering $11 billion.
The pseudonymous nature of blockchain makes it possible for scammers to avoid traditional financial tracking.
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Investment fraud accounted for $10.7 billion of the overall cybercrime losses, which is the costliest category.
Criminals rely on an array of sophisticated tactics that include "pig butchering", fake exchanges, liquidity pool scams, as well as fraudulent decentralized finance (DeFi) that are meant to siphon off crypto from uninitiated victims.
Who is getting hit the hardest? Unsurprisingly, elderly Americans are the most vulnerable demographic, accounting for nearly a third of the total losses last year.
Older adults typically fall for investment traps, romance scams, tech support fraud, and so on. Their retirement accounts can be potentially wiped out in a matter of days (as evidenced by countless media reports in various states).
California, Texas, and Florida were the top states by cryptocurrency losses.
However, the FBI is not asleep at the wheel. The bureau has managed to freeze more than 3,000 illicit cryptocurrency wallets, thus saving more than $500 million.
The most recent social media statement indicates that the FBI plans to expand these asset-recovery and tracking operations.
The Chromia team has made the announcement that the Asgard Mainnet Upgrade has been successfully completed. In order to improve the capabilities of the Layer-1 relational blockchain, this milestone provides additional features that are aimed to optimize performance. It is anticipated that the upgrade would facilitate the development of apps on the Chromia Network that are empowered with artificial intelligence and decentralized finance.
Chromia Extensions is a modular system that provides additional features to Chromia’s relational blockchain. The framework for Chromia Extensions is the key feature that Asgard has offered. These Extensions are designed to supplement the fundamental characteristics of the platform, which include its relational data architecture, modular network design, and gas-free economic model for end users.
As a component of the upgrade, Chromia introduced the Oracle Extension, which offers real-time pricing feeds that are updated about once per second and are generated entirely on the blockchain. By providing support for the creation of decentralized finance applications, such as lending protocols, futures and options platforms, and decentralized exchanges, this capability is included.
Ludvig Öberg, VP of the Chromia Platform Unit, remarked:
“The Oracle Extension lays the groundwork for an expansion of decentralized finance activity on the Chromia network and the growth of network value.”
Within the context of a larger initiative undertaken by the Chromia team to increase linkages to the wider cryptocurrency ecosystem, the development of a high-quality Oracle service is a component of this initiative. The integration of native CHR tokens and other Chromia-based tokens with centralized exchanges and cross-chain wallets is one of the components of the efforts undertaken.
Additionally, the team has revealed their intentions for the AI Inference Extension, which is anticipated to be released in the first quarter of 2025. By using Chromia’s decentralized provider network, this module will make it possible for developers to run artificial intelligence models directly on the blockchain. The Data and AI Division of the project, which was only recently established, is concentrating on the development of technologies that will improve the openness of AI training data and inputs.
Yeou Jie, Head of Business Development at Chromia stated:
“As the world’s only relational blockchain, Chromia has demonstrated its ability to bring transparency to AI and other data-intensive use cases. The AI Inference Extension will take this a step further, enabling on-chain execution of AI models.”
In the wake of the Asgard Upgrade, Chromia intends to make available to the public a demonstration of the Oracle Extension, and integrations with DeFi protocols are anticipated to follow shortly thereafter. These initiatives are a reflection of the platform’s larger emphasis on supporting a variety of applications, such as artificial intelligence, gaming, and enterprises use cases, while also continuing to integrate technologies related to blockchain with the requirements of the real world.
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Hongji is a reporter who covers crypto, finance, and tech. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX,...
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January 8, 2025
Chromia has announced its priorities in Q1 2025 on Wednesday, emphasizing the development of blockchain-enabled AI tools to support decentralized AI applications.
According to a recent blog by Chromia, the company’s roadmap also includes the release of the Postchain Python Client and Neural Interface v2.0, alongside the Mimir Mainnet Upgrade.
Chromia’s Roadmap for Q1 2025The Vector Database Extension, set for release in the first quarter, will enable developers to store vector embeddings on Chromia’s Layer-1 blockchain, facilitating applications such as large language models and AI agents.
To enhance compatibility with AI-driven tools, Chromia plans to launch the Postchain Python Client, which allows Python-based machine learning applications to integrate directly with Chromia’s blockchain infrastructure.
The Neural Interface v2.0 is also part of the vision, offering expanded capabilities for Chromia to function as a memory and record system for AI agents, further supporting decentralized AI development.
Chromia’s Mimir Mainnet Upgrade, scheduled for late Q1, is expected to expand support for blockchain-enabled AI applications and improve the platform’s infrastructure for decentralized solutions.
The company stated that its Q1 developments build on previous initiatives, including the launch of its Data and AI Ecosystem Fund in 2024, which facilitated partnerships with AI-focused projects like Elfa.ai and Chasm Network.
How AI Agents Are Shaping Blockchain IntegrationAI agents are gaining prominence in the blockchain sector, where they autonomously execute tasks such as trading, signing contracts, and representing companies in permissionless networks.
Experts suggest that AI-powered solutions could reshape blockchain functionality in 2025 by streamlining decision-making processes.
According to Luis Bezzenberger, product development lead at Brainbot GmbH, blockchain technology empowers AI systems with autonomy, allowing them to transact via blockchain wallets and operate independently across ecosystems.
These advancements may allow AI agents to interact with decentralized systems in ways comparable to human participants.
Vector databases are often housed on cloud servers, which raises questions about centralization and transparency. Chromia’s advancement of blockchain-enabled AI continues with the Mimir Upgrade. Chromia has announced that one of the first decentralized vector databases in the world will be available on March 25th with its Mimir Upgrade. By offering a blockchain-based substitute for centralized solutions, this milestone will open up new avenues for AI-driven applications.
Significant public attention and financial investment have been generated by the emergence of AI models such as GPT and DeepSeek. Nonetheless, the vector database is an essential but sometimes disregarded part of AI infrastructure. These databases help AI models handle language better, allowing for important features like text retrieval, long-term memory, and similarity searches.
Vector databases are often housed on cloud servers, which raises questions about centralization and transparency. By offering a decentralized substitute that enables AI and blockchain applications to store and retrieve vector embeddings on-chain, Chromia’s Mimir Upgrade transforms the landscape.
Johnson Lai, Chromia’s Head of Data and AI stated:
“In most cases, using a vector database means relying on centralized infrastructure. We’re going to change that. With the Mimir Upgrade, projects operating at the intersection of blockchain and AI will be able to store and access their vectorized data directly on Chromia.”
Chromia’s relational architecture plays a crucial role in its evolution. Large data sets may be uniquely structured using Chromia, which improves the efficiency of storage, search, and modification. A vectorized layer, which would be unfeasible on a conventional blockchain, may be implemented thanks to this foundation.
Chromia’s advancement of blockchain-enabled AI continues with the Mimir Upgrade. The integration of Python, one of the most popular programming languages for artificial intelligence, and the establishment of a $20 million Data and AI Ecosystem Fund are the foundations of this effort. Chromia introduced EVAL Engine, a tool to assess AI agent interactions and track performance degradation over time, earlier this year by utilizing Virtuals Protocol.
After the upgrade, Chromia will keep developing its decentralized AI capabilities and advancing partnerships with both new and current Web2 and Web3 partners.
A crypto enthusiast. Loves to write. Gives full dedication to every task assigned. Specializes in delivering on tight deadlines. An animal lover, especially dogs.
Chromia addresses operating expenses while also improving transparency, security, and control for artificial intelligence developers. Vector databases play a vital role in artificial intelligence systems, since they enable essential operations such as the search for similarity, the retrieval of contextual text, and long-term memory. The successful deployment of Chromia’s Mimir Mainnet Upgrade, which included substantial breakthroughs in decentralized infrastructure, has been confirmed by the company. Vector data, an essential component for artificial intelligence applications, may now be stored on the blockchain thanks to this upgrade.
Vector databases play a vital role in artificial intelligence systems, since they enable essential operations such as the search for similarity, the retrieval of contextual text, and long-term memory. Most artificial intelligence efforts, on the other hand, depend on centralized services to store and administer these databases. A decentralized alternative is made available by the Mimir Upgrade, which makes it possible for vector data to be stored directly on Chromia’s Layer-1 blockchain.
Chromia addresses operating expenses while also improving transparency, security, and control for artificial intelligence developers. This is accomplished via the decentralization of vector storage. Through the use of a fixed model that prevents surge pricing during times of high demand, the Chromia team has made internal estimations that imply their approach has the potential to lower prices by as much as 98% in comparison to products offered by rivals.
Johnson Lai, Head of Data and AI at Chromia stated:
“Our solution offers significant benefits in security, uptime, and transparency, while also being one of the most cost-effective options available. Not just in Web3, but anywhere.”
Not only does the Mimir Upgrade has vector database capability, but it also includes the first version of the AI Inference Extension. The use of this extension makes it possible for open-source models such as DeepSeek to operate on Chromia provider nodes. This provides an option to hosting these models on cloud servers such as Amazon Web Services (AWS).
Chromia intends to improve the accessibility of blockchain technology for artificial intelligence developers by continuing to innovate and offer decentralized solutions. Additionally, the company intends to enhance the utility of the platform for native Chromia decentralized applications (dapps), projects that build on other blockchains, and Web2 clients who are looking to decentralize their infrastructure.
Chromia is a Layer-1 relational blockchain platform that employs a modular architecture to empower users and developers with specialized decentralized application (dapp) chains, fee structures that may be customized, and improved digital assets. Chromia delivers natively queryable data that is indexed in real time. This presents a challenge to the existing quo in order to bring innovations that will improve the end-user experience and support new Web3 business models. Chromia does this by fundamentally altering how information is structured on the blockchain.
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Ethereum Layer-2 (L2) network Base, incubated by Coinbase, has unveiled its product roadmap for the second quarter (Q2) 2025.
It indicates a bold slate of performance upgrades, enhanced privacy features, and broader support for developers.
Base Q2 Roadmap: Speed, Privacy, and Builder AdoptionIn a detailed post on X (Twitter), Base’s development team outlined key objectives for the quarter. The roadmap reaffirms Base’s commitment to building in the open. It also lays the groundwork for scaling its role as a core pillar of the on-chain economy.
The plan to achieve 200ms effective block times on the mainnet is among the most eye-catching. The move could dramatically increase throughput and improve user experience.
Additionally, Base aims to scale blockspace from 30 to 50 Mgas/s and reach “Stage 1 decentralization.” Notably, they are key milestones in both performance and network security.
Privacy is also a central focus. Base is working to implement privacy-preserving on-chain account verification. This initiative reflects the growing importance of identity and privacy in a blockchain environment where transparency and pseudonymity often clash.
Beyond scaling and privacy, the roadmap details efforts to enhance its developer toolkit, notably expanding usage of the Base MCP (Modular Crypto Platform) tooling. This includes increasing weekly active apps built on OnchainKit and MiniKit and launching new Base Appchains on the mainnet.
The Base MCP tooling is part of a broader push to enable developers to go from “Idea to App, App to Business,” as described by the team. However, it is worth noting that MCP protocols have come under scrutiny recently due to a critical security flaw, raising concerns about their current implementations.
BeInCrypto recently reported on vulnerabilities that, if left unpatched, could expose user data or funds. This suggests that Base’s teams must prioritize security alongside growth.
“This risk comes from using a ‘poisoned’ MCP. Hackers could trick Base-MCP into sending your crypto to them instead of where you intended. If this happens, you might not notice,” Superoo7, head of Data and AI at Chromia, highlighted.
Base’s community-centric ethos is evident in its continued support for builder programs like Base Batches, Buildathons, and the Builder Rewards initiative. The team emphasized that these initiatives will support developers technically and economically, creating viable paths to earning a living by building on-chain.
Coinbase CEO Brian Armstrong also weighed in, endorsing the roadmap with a simple but affirming statement. This highlights Coinbase’s continued backing of the Layer-2 solution, which has become a standout in the ecosystem.
Base Blockchain Leads Net Flows Across DeFi BridgesBase has emerged as a top performer in 2025, leading the market in net flow over the past three months. On total inflow metrics, data on Artemis Terminal shows it is second, after Ethereum (ETH). This traction reflects growing user confidence and adoption across DeFi, gaming, and NFT verticals.
Base blockchain leads net flows across DeFi bridges. Source: Artemis TerminalStill, the network has not been immune to controversy. Only hours ago, Base faced backlash after a meme coin, allegedly promoted by insiders, triggered a trading frenzy and abrupt collapse. As BeInCrypto reported, this raised accusations of a pump-and-dump scheme.
While Base distanced itself from the coin in question, the incident raises concerns about transparency and ethical boundaries on the platform.
“This wasn’t a meme coin. This wasn’t a token launch. Base didn’t drop a coin to pump bags or flip the market. This was a content coin — and that distinction matters,” Base developer Charis posted on X.
As Base moves into Q2, it stands at a crossroads. On the one hand, it is armed with performance upgrades and developer momentum. On the other hand, it faces heightened scrutiny.
If successful, its roadmap could further cement Base’s place as a foundation of the next-generation internet. However, the pressure to balance innovation, security, and trust has never increased.
Now, users don’t need to download anything in order to play—they can play right in their browser. By allowing players to engage with game elements without incurring transaction fees, Chromia’s gasless interaction paradigm further improves accessibility. After multiple alpha seasons, the popular blockchain-based farming and builder game My Neighbor Alice has finally released Chapter One: A New Adventure, its first full public release. This milestone is a significant accomplishment for the My Neighbor Alice team and the Chromia blockchain, which offers the decentralized infrastructure enabling the game, since it makes the whole gaming experience available to players globally for the first time.
The playing experience has been significantly improved with the update. Now, users don’t need to download anything in order to play—they can play right in their browser. Additionally, a new mode enables players to start playing right away without linking a cryptocurrency wallet or holding tokens. In order to store progress or mint assets, wallets may be made at any point during gameplay.
By allowing players to engage with game elements without incurring transaction fees, Chromia’s gasless interaction paradigm further improves accessibility. Chromia’s relational architecture is used to store all of the game’s essential data on-chain, including player progress and world status. This structure surpasses the “asset-only” style typical of other Web3 games and lessens need on external services.
Steve Haßenpflug, VP of Games at My Neighbor Alice stated:
“This launch is more than just a game update. It is a proof point that Web3 can deliver the same seamless experience as Web2: no downloads, no wallets, just pure gameplay. With Chapter One, we are showcasing the future of gaming. Open, accessible, and built for the community.”
Henrik Hjelte, Co-Founder of Chromia, added:
“This launch is a major milestone, not only for My Neighbor Alice but for Chromia as a platform. It shows how our architecture can power complex, persistent virtual worlds while keeping the experience smooth and user-friendly.”
The ALICE token was deployed on the Chromia mainnet in conjunction with the game’s debut, allowing native token functioning right in the game. ALICE provides greater interaction with the in-game economy and unlocks more features, but it is not necessary to play.
Additionally, the debut comes after a partnership with Pudgy Penguins that grants NFT holders access to exclusive in-game features. The game’s cross-project appeal is further shown by the fully animated 3D companions that have been built for each of the 40,000 Pudgy NFTs. You may now play My Neighbor Alice: Chapter One at myneighboralice.com. Go to chromia.com to find out more about Chromia.
Built on Chromia’s Blockchain, My Neighbor Alice is a multiplayer builder game that provides a completely on-chain gameplay experience on a charming virtual island. Virtual assets (NFTs) may be owned and traded by participants via the integration of Blockchain technology. Players may purchase, sell, and trade these NFTs via the game’s marketplace, creating a vibrant, player-driven virtual economy. In order to promote a feeling of ownership and teamwork, players may participate in community activities, win incentives, and make money off of their creations.
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Chromia has officially collaborated with TAC, the purpose-built Layer-1 network that aimed to resolve Ethereum Virtual Machine (EVM) compatibility with The Open Network (TON). This partnership will provide an infrastructure through which Telegram Mini Apps (TMAs) can perform their blockchain capabilities in a more enriched manner involving TAC bridging technology and even Chromia layers of data decentralization.
📢We are proud to announce a NEW integration and partnership with @TacBuild! 🥳
TAC is a purpose-built Layer-1 network designed to bridge the gap between EVM and The Open Network.
🗨️ Acting as a translator between the two systems, TAC allows developers to deploy EVM… pic.twitter.com/g6HKzBC4gJ
— Chromia | Power to the Public (@Chromia) June 23, 2025 This merging will enable developers employing TAC to implement EVM Johnson-based wise contracts in Telegram’s ecosystem. Such contracts are completely within TON architecture and avoid the restrictions that EVM-based dApps are frequently subject to on Telegram. Chromia extends further by natively enabling such applications to store their application logic, user activity, and metadata on Chromia subchains, allowing them to decentralize and verify their app backends.
Enhanced Functionality for Telegram Mini Apps Telegram Mini Apps have become an object of high potential as an interface to provide Web3 experiences to users. However, Telegram’s support of native TON wallets and tokens has already been a problem for Ethereum-based applications. TAC does away with this problem by acting as a translation layer, thereby allowing cross-compatibility between Ethereum-based protocols and the TON ecosystem.
Chromia collaborates with TAC to add decency to Mini Apps, including storage and execution of logic. The majority of TMAs are now working with centralized cloud solutions to perform essential operations, and that reduces transparency and trust. Chromia enables developers to transfer such elements to a decentralized context, favouring a secure and transparent experience to the user.
Real-World Use Case: XOOB Launches with TAC and Chromia XOOB is the first Telegram Mini App that needs the ChromiaTAC stack. The app has a gamified PvP and play-to-earn service. Interaction is done through $USDT deposits on the TON network, which are passed through TAC to DeFi protocols like Morpho and Euler. These deposits create yield associated with the system that players and developers share.
Chromia subchains hold all the gameplay data and financial flows and they all have the full insight about the transactions and user interactions. This protocol illustrates that decentralized systems can fit with ease on familiar platforms such as Telegram. The design of XOOB is a perfect example of how this collaboration can enable scalable, user-friendly and trustless Web3 applications
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Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
DeFi opportunities are live and ready to be explored on mainnet! This article will give you the info you need to get started.
Understanding Chromia’s Multi-Chain Structure
Unlike monolithic blockchains where all tokens and activity reside on a single chain, Chromia uses a multi-chain structure in which each dapp runs on its own dedicated blockchain.
Because tokens can only be on one chain at a time, users must move them to the dapp chain where they want to use them.
Chromia makes this process easy through Chromia Vault (our official wallet and dapp browser), which allows users to transfer assets instantly and for free between chains using the ‘Transfer’ tab.
Throughout this article, you’ll see references to different chains such as Economy Chain, ColorPool DEX Chain, and UdonFi Finance Chain. These are individual chains on mainnet.
Onboarding to Mainnet
Onboarding Using CHR
For most users, the easiest and most efficient way to get started is by onboarding with native CHR on Economy Chain. This can be done by bridging from Ethereum or Binance Chain, withdrawing directly from an exchange that supports Chromia Mainnet, or using a fiat on-ramp service like Transak. For full guides with visual aids, visit our Vault Knowledge Base, which includes five tutorials to help new users onboard successfully.
Onboarding Using USDC via ColorPool Bridge
A secondary method of getting assets onto mainnet is to bridge USDC from Binance Chain to ColorPool using ColorPool’s official bridge. Step by step instructions can be found in ColorPool’s documentation.
Now that we’ve covered the basics, let’s look at three ways you can get involved today!
Stake Native CHRLocation: Economy Chain
https://vault.chromia.com/en/staking/
If you’ve onboarded using native CHR, your tokens arrive on the Economy Chain: the perfect starting point for staking. Staking is a great option for beginners or anyone who prefers a simple, hands-off way to earn a little extra while holding CHR.
Staking is fully integrated into Vault, making the process fast and user-friendly. You can stake your CHR, choose a provider to delegate to, and start earning with just a few clicks. When you stake your CHR, you’ll earn:
3% APY base rewards, plusAn additional “reward share” - a portion of the fees and additional rewards earned by the provider you delegate to.Some important things to note about staking:
There is a two-week holding period before you can withdraw your staked CHR. Stakers must request the withdrawal, wait two weeks, and then they can retrieve their tokens.Once your CHR is staked, it cannot be used elsewhere (for trading, dapps, transfers, etc.) until it is withdrawn from the staking contract.Staking on mainnet will also enable users to participate in governance once the upcoming Chromia Governance module is released. Planned for launch before the end of this year, the module will allow CHR stakers to propose and vote on new providers as well as grants. For more details, check out our recent blog post on the topic.
Trade and Provide LP on ColorPoolLocation: ColorPool DEX Chain
https://www.colorpool.xyz/
https://x.com/colorpool_xyz
Trade
ColorPool is the leading decentralized exchange (DEX) on Chromia, supporting USDC, CHR, COLOR, ALICE, and D tokens. Trading on ColorPool offers the fastest and easiest way to swap between all Chromia ecosystem tokens, entirely contained on Chromia mainnet.
Thanks to Chromia’s innovative economic model and ColorPool’s “Zero Gas Credit System”, users can make hundreds of trades and other actions per day without paying gas fees.
Earn by Providing Liquidity
For those looking to take it a step further, users can provide liquidity and participate in ColorPool’s farming campaigns, earning attractive APY rewards paid in COLOR tokens. These farming incentives are designed to promote deeper liquidity and long-term engagement within the Chromia ecosystem.
APR rates can reach as high as 60%+ for liquidity providers in the CHR/USDC pool. See the screenshot below for available farms. Please note that APR rates are variable and may fluctuate depending on the total liquidity and the number of participants in each pool.
To learn more about managing liquidity and getting started with farming, visit the Official ColorPool Docs. There, users can find instructions on adding liquidity, staking and unstaking, and harvesting rewards.
Lend and/or Borrow Assets on UdonFiLocation: UdonFi Finance Chain
https://udonfi.xyz
https://x.com/udonfi_chromia
UdonFi is Chromia’s leading borrowing and lending platform.
Udon Finance functions through a system of decentralized liquidity pools that facilitate lending and borrowing activities. Liquidity providers deposit assets into these pools, creating a shared source of funds from which borrowers can draw. Interest rates within each pool are determined algorithmically and adjust dynamically based on market utilization and liquidity demand.
When users supply assets to a pool, they receive corresponding aTokens, which represent their share of the pool. These tokens automatically accrue interest over time, reflecting the yield generated from lending activity.
Users seeking to borrow must first provide collateral in the form of supported assets. The borrowing capacity is determined by parameters such as Loan-to-Value (LTV) ratio and Health Factor, which are designed to maintain protocol stability and reduce default risk.
Earn With the PreUdon Rewards
Ahead of the official launch of the Udon token, the platform is running an open-ended PreUdon Rewards Program. PreUdon tokens are designed to be held until the official token launch, at which time a migration event will enable a seamless and guaranteed conversion to the native Udon token.
To learn more about the PreUdon program, refer to the corresponding section in UdonFi’s Official Documentation.
See the screenshot below for available assets to supply and borrow. Please note that APR rates are variable and may fluctuate depending on the total liquidity and the number of participants.
Coming Soon: Liquid Staking
UdonFi is also developing a Liquid Staking program, which will expand the platform’s offerings and provide additional yield opportunities for users. Further details are available in the Liquid Staking section of their documentation.
For questions, updates, and community discussions, visit UdonFi’s Official Telegram Channel.
About Chromia
Chromia is a Layer-1 relational blockchain platform that uses a modular framework to empower users and developers with dedicated dapp chains, customizable fee structures, and enhanced digital assets. By fundamentally changing how information is structured on the blockchain, Chromia provides natively queryable data indexed in real-time, challenging the status quo to deliver innovations that will streamline the end-user experience and facilitate new Web3 business models.Website | X | Telegram | Instagram | Youtube | Discord | Reddit | LinkedIn | Facebook |
On November 1st, Chromia and TinTinLand brought the Chromia China Tour to Chengdu, continuing our exploration of how blockchain infrastructure can support the next generation of AI systems. The event focused on a central theme: making AI traceable and trustworthy through practical architecture and real-world applications.
Keynote Highlights
Our Head of BD, Yeou Jie, and Head of Data & AI, Johnson Lai, delivered a keynote outlining how Chromia can serve as a foundation for AI applications that require transparency and efficient data management.
They introduced Chromia’s PostgreSQL-based integrated blockchain architecture, discussing the VectorDB Extension and how it functions alongside the relational database layer. This combination enables vector similarity search directly on-chain, providing a framework for AI data retrieval, agent memory systems, and knowledge bases that are tamper-resistant and queryable in real time.
The presentation included use cases showing how developers can build on-chain AI agents with persistent memory, and how these systems can be applied in Decentralized AI (DEFAI) and robotics.
The ChromBot pilot device was featured as a working example. ChromBot stores memory and telemetry data on-chain using Chromia smart contracts, showing how AI agents can operate transparently in a decentralized environment.
Fireside Chat: AI Meets the Real World
In the fireside session, YJ, Johnson, and NodeX’s 0xAllen888 discussed how infrastructure, data availability, model governance, and AI agents are shaping the convergence of AI and Web3. The discussion focused on building systems that are both scalable and accountable.
The session highlighted that as AI models become more advanced, maintaining transparency and auditability will be essential. Blockchain-based storage and computation can help achieve these goals by ensuring that training data, outputs, and decisions remain verifiable over time.
The Road Ahead
The Chengdu stop marks another milestone in our mission to bring AI + blockchain to real-world use cases. From DEFAI infrastructure to robotics, from on-chain agents to verifiable data ecosystems, Chromia continues to build the foundation for a smarter, more transparent future.
Thank you to all of the attendees, as well as our dedicated community. Your curiosity, creativity, and enthusiasm keep us moving forward!
Check out our social media for announcements of our future events!
About Chromia
Chromia is a Layer-1 relational blockchain platform that uses a modular framework to empower users and developers with dedicated dapp chains, customizable fee structures, and enhanced digital assets. By fundamentally changing how information is structured on the blockchain, Chromia provides natively queryable data indexed in real-time, challenging the status quo to deliver innovations that will streamline the end-user experience and facilitate new Web3 business models.
User experience (UX) remains one of the biggest challenges facing Web3. While blockchain technology enables new possibilities, it often comes with usability hurdles that make it harder for everyday users to participate.
If you’ve ever used a dapp, you’ve likely encountered these pain points firsthand: setting up wallets, managing seed phrases, signing every transaction, and paying gas fees. Compared to the frictionless experiences of Web2 apps, Web3 can still feel complicated and intimidating.
At Chromia, we’re always exploring ways to make blockchain interactions more intuitive without sacrificing the security and ownership that make Web3 unique. One of our recent steps in this direction is the Chromia Passkey Demo, an experiment showing how web authentication can simplify account creation and transaction signing in dapps.
A Simpler Way to Web3
Passkeys are a modern, passwordless authentication standard supported by major platforms like Google, Apple, and Microsoft. Instead of remembering passwords or managing private keys, users can sign in and approve actions using built-in device security — like Windows Hello, Touch ID, or a security key.
Chromia’s Passkey integration allows users to create dapp subaccounts and sign blockchain transactions using these existing device credentials. Your biometric identity or linked account becomes your secure Web3 key, combining the ease of Web2 with the safety of blockchain technology.
The Passkey Demo
To demonstrate this concept, we built a simple testnet dapp called Passkey Demo that utilizes web authentication. While the app itself is simple, it highlights how seamless authentication and transaction signing can be. Here’s how it works:
After entering a username and display name, the user selects “Register Passkey.” At this point, the browser prompts for biometric or device-based verification (such as Windows Hello, Google ID, etc.) Once confirmed, the credential is securely registered on Chromia.
With registration complete, the user can create a new “book” by entering a name and clicking “Create Book.” This triggers a fresh authentication request, ensuring that each blockchain action is verified in real time. There’s no credential caching, as every operation requires a live authentication through the passkey mechanism. The corresponding action is then executed on the blockchain, and users can review the event log to see all recorded transactions and their results.
Why This Matters
Passkey support could significantly enhance user onboarding and transaction signing for both existing Chromia dapps and new ecosystem projects. It lowers barriers to entry, improves accessibility, and maintains the core principles of decentralization and security.
In the long term, this approach can help Chromia move toward applications that are as easy and natural to use as any Web2 platform.
Try It Yourself
You can check out the Passkey Demo firsthand here:
https://passkey-demo-alpha.vercel.app/
You can also view the code here:
https://bitbucket.org/chromawallet/passkey-demo/
While this demo is just a starting point, it opens the door for developers to build dapps that combine ease of use with the transparency and control of blockchain.
About Chromia
Chromia is a Layer-1 relational blockchain platform that uses a modular framework to empower users and developers with dedicated dapp chains, customizable fee structures, and enhanced digital assets. By fundamentally changing how information is structured on the blockchain, Chromia provides natively queryable data indexed in real-time, challenging the status quo to deliver innovations that will streamline the end-user experience and facilitate new Web3 business models.Website | X | Telegram | Instagram | Youtube | Discord | Reddit | LinkedIn | Facebook |
On November 20 2025, our Head of Data and AI, Johnson Lai, published an in-depth walkthrough demonstrating how Chromia can function as a decentralized data layer for Virtuals’ Agent Commerce Protocol (ACP). The piece included open-source code showing how to connect an ACP agent to Chromia, enabling verifiable and easily queryable on-chain job storage.
We’ve also launched a new complementary feature: agent owners can now ask Virtual’s Butler to archive X posts. Each item is stored permanently on Chromia’s Filehub, providing decentralized, tamper-resistant storage for just 2 cents per entry.
How do these features help advance Virtuals, Chromia, and the emerging world of autonomous agent economies? Let’s take a closer look.
What Is Virtuals?
Virtuals is a decentralized platform built on the Base and Ethereum networks that allows anyone to create, manage, and co-own AI agents. These agents operate independently across applications, maintain memory, and can earn revenue by completing tasks. Since launch, Virtuals has seen strong adoption across trading, analytics, gaming, and more, becoming one of the most active environments for autonomous AI agents.
In early 2025, Chromia entered the Virtuals ecosystem with the launch of EVAL, an evaluator agent powered by Chromia’s EVAL Engine. This marked the first crossover between Chromia and Virtuals, as well as Chromia’s first interaction with the Base Network ecosystem.
What Is the Agent Commerce Protocol (ACP)?
ACP provides an on-chain framework that allows Virtuals-based AI agents to coordinate, negotiate, and transact with one another, or with humans, using verifiable smart-contract interactions. It functions much like a decentralized job marketplace combined with escrow and arbitration to ensure that tasks, deliverables, and evaluations follow a transparent and trustless process.
The protocol has grown rapidly and recently surpassed $100M in agent GDP transactions, becoming one of the most active real economic layers for autonomous AI entities. Yet this growth exposes a significant challenge: ACP’s on-chain data, while transparent, is difficult to access and analyze.
Where Chromia Comes In
All ACP activity is recorded on Base, but much of it lives in calldata that is difficult to parse without dedicated indexing. As a result, many ACP agents depend on centralized databases to make job data readable and searchable. While effective, this approach sacrifices transparency and introduces single points of failure.
Chromia provides a decentralized alternative. By using Chromia as a purpose-built database layer, ACP agents can store job lifecycle data in a verifiable, structured format while retaining the convenience of PostgreSQL-style queries. Integration is lightweight: with only a few lines of Python, an agent can write job creation, updates, and results directly into a Rell contract.
This data-layer approach also unlocks new services within the Virtuals ecosystem. Users can instruct Virtual’s Butler to archive X content, with each item stored permanently on Filehub (Chromia’s decentralized storage layer) for just 2 cents. This saves both the data and its metadata, ensuring the content remains publicly accessible, verifiable, and tamper-proof.
The result is a best-of-both-worlds model: a relational database experience with blockchain-level transparency and security. Because Chromia is built from the ground up as a decentralized data system, it fits ACP’s needs far better than relying on calldata alone or centralized storage solutions.
Emerging Synergies Between Chromia and EVM
This integration reflects a broader trend: as AI agent economies scale, they require systems that combine fast execution with trustworthy data. Base offers a highly efficient EVM layer for ACP’s smart-contract logic, while Chromia provides decentralized data primitives for agent memory, logs, state changes, job histories, and more. Together, these networks form a complementary environment where agents can transact on one chain and store structured data on another without sacrificing decentralization.
The Big Picture
A much larger opportunity is emerging for Chromia: providing a data layer for next-generation blockchain and AI systems. As ecosystems like Virtuals and other agentic networks expand, the need for verifiable storage, structured data services, and decentralized indexing grows rapidly.
Chromia’s data-first architecture can support everything from agent workloads and analytics pipelines to broader cross-chain services that span Base, Chromia, and beyond.
The rise of autonomous agents is only one expression of this trend. As AI-driven economies mature, demand for reliable, transparent, and queryable on-chain data will accelerate — and Chromia’s capabilities open the door to a new class of tooling, services, and interoperable applications.
About Chromia
Chromia is a Layer-1 relational blockchain platform that uses a modular framework to empower users and developers with dedicated dapp chains, customizable fee structures, and enhanced digital assets. By fundamentally changing how information is structured on the blockchain, Chromia provides natively queryable data indexed in real-time, challenging the status quo to deliver innovations that will streamline the end-user experience and facilitate new Web3 business models.Website | X | Telegram | Instagram | Youtube | Discord | Reddit | LinkedIn | Facebook |
Chromia Vault has long been the gateway for users entering the Chromia mainnet, a place to view assets, explore dApps, and access essential features. Over the past few months, the team has focused on taking that experience to the next level. The result: a smoother, clearer, and more intuitive Vault built around one simple idea: your assets should be at the center of everything.
YouTube Video of Chromia's Latest Vault Update - December 2025
With a redesigned interface, cleaner navigation, and major upgrades across dApps, asset views, staking, transfers, and account management, the new Vault is easier to use than ever. Here is a section-by-section look at what’s new.
Dapps Tab
The updated dApps page makes it much easier to understand your presence across mainnet. Each tile represents a dApp or system chain, and each one can be expanded to show the assets you hold on that specific chain.
You can also use new quick action shortcuts to perform tasks from a single location. Whether you want to deposit tokens from another network or move assets between chains on mainnet, these options are now easier to find and faster to use.
Assets Tab
The redesigned Assets page is one of the most useful improvements in this update. It acts as a portfolio style view that shows all token balances across every dApp and system chain in one place.
This provides a clean overview of your entire mainnet footprint. There’s also a built-in transfer button beside each asset, making it straightforward to move tokens to whichever chain you need. For anyone active across multiple dApps, this page makes day to day management far simpler.
Staking
The native staking page has also received several important updates.
Dynamic Fee Sharing is now live, allowing providers to adjust how much of their rewards they share with delegates. This value appears in the “Reward” column and currently defaults to 10 percent unless a provider chooses to change it. This creates a healthier staking environment by encouraging providers to compete for delegators and helping balances distribute more evenly across the network.
The interface also displays an estimated APR that combines the three percent base reward with additional rewards based on each provider’s current share rate. These numbers are projections based on historical data, so actual results may vary, but the new UI makes it much easier to compare providers at a glance.
Get CHR
To make onboarding smoother, we have introduced a clearer guide that walks users through all available ways to acquire CHR. This includes fiat on ramps, centralized exchanges, decentralized exchanges, and compatible wallet software.
Whether someone is new to Chromia or looking to expand their activity, this page gathers every option in one accessible place.
Transfer, Deposit, and Withdraw
These three core actions have also been revamped around the asset centric model.
Transfer allows you to move assets already on mainnet from one chain to another. This is helpful when interacting with different dApps or system chains.
Deposit lets you bridge tokens from supported external networks into Chromia. Recent additions include Base, which now joins Ethereum and Binance Chain as supported networks. Base integration is already being used in practice, including the onboarding of EVAL Engine’s EVAL token, now active on mainnet and trading on ColorPool.
Withdraw performs the opposite action by sending tokens from Chromia back out to Ethereum, Binance, Base, and other supported chains.
With this redesign, each flow reacts to the asset you choose and presents only the relevant options, making the experience clearer and harder to misunderstand.
Account Creation and Management
Chromia’s architecture uses multiple chains for scalability and customization, which means users sometimes need accounts across different dApp chains. At launch, this added a few extra steps. Today, those steps are far easier to manage.
Vault now offers streamlined account creation, clear explanations of when and why an account is needed, and improved handling of fees and bridging. Most importantly, everything is presented in a way that guides the user through each decision rather than leaving them to guess what to do next.
The end result is a much smoother onboarding and account management experience, even for users interacting with multiple dApps.
The Evolution of Chromia Vault
This update represents a major improvement to the overall mainnet experience. From asset visibility, to cross chain actions, to staking and onboarding, every section of Vault has been refined to be clearer, more consistent, and more user friendly.
As the ecosystem grows, Vault will continue evolving. The team is already working on the next round of enhancements, and you can expect ongoing improvements that make Chromia more accessible for both new users and long time participants.
About Chromia
Chromia is a Layer-1 relational blockchain platform that uses a modular framework to empower users and developers with dedicated dapp chains, customizable fee structures, and enhanced digital assets. By fundamentally changing how information is structured on the blockchain, Chromia provides natively queryable data indexed in real-time, challenging the status quo to deliver innovations that will streamline the end-user experience and facilitate new Web3 business models.Website | X | Telegram | Instagram | Youtube | Discord | Reddit | LinkedIn | Facebook
2025 was a productive year for Chromia, with milestones across AI, data, DeFi, gaming, and more. Here’s a look back at some of the highlights month by month:
JanuaryChromia announced the launch of EVAL Engine on Virtuals Protocol, the first AI Agent Evaluation Plugin powered by Chromia. The $EVAL token went live on the Base network and was airdropped to native CHR stakers. Later in the year, following the integration of Base, the EVAL token migrated to Chromia mainnet.FebruarySafePal Integration: SafePal, used by over 20 million people worldwide, integrated Chromia’s Mainnet and added native CHR support. SafePal users can now store, send, and receive CHR across both the mobile app and hardware wallet, expanding accessibility to over 200 regions.
Mines of Dalarnia completed its migration to Chromia, with the $D token and core game logic now running on Chromia’s relational blockchain. This transition improves scalability and performance while supporting rich, immersive on-chain gameplay.MarchThe Mimir Upgrade went live, introducing new tools that expand Chromia’s AI capabilities and overall platform functionality. The most significant addition was the Vector Database Extension, which allows developers to store and manage vector data directly on-chain. Vector data plays a central role in modern AI systems and is an important part of Chromia’s future initiatives.AprilThe Container Grant Program was launched to support developers exploring Chromia’s mainnet capabilities. It provides up to six months of container hosting for qualifying projects, helping lower entry barriers and encourage experimentation within the ecosystem. The program remains active, with applications continuing to be accepted.MayColorPool, Chromia’s leading decentralized exchange, went live on May 26th and has become a central hub for on-chain trading and liquidity. At launch, it introduced AMM-style swaps and a USDC bridge, enabling users to trade CHR, USDC, and COLOR directly on Chromia mainnet and bring assets in from other chains. Since then, ColorPool has expanded support to include additional ecosystem tokens like ALICE and $D, hosted staking and incentivized liquidity farming campaigns, and continues to serve as a key DeFi venue for Chromia users.JuneAs Chromia approached its one-year mainnet anniversary, the network surpassed one million user accounts. This milestone reflects steady growth in on-chain activity and increasing adoption across applications built on the network.
June marked an active period for Chromia’s flagship gaming partner, My Neighbor Alice. Initiatives such as the Pudgy Penguins collaboration and the launch of Chapter One: A New Beginning highlighted how Chromia supports persistent, player-owned worlds with game state and assets managed directly on-chain.JulyUdon Finance, a borrowing and lending platform, launched on Chromia mainnet, enabling users to earn yield or borrow against their assets. Later in the year, the platform introduced Liquid Staking, giving users access to liquidity from their staked CHR while continuing to earn rewards.
Transak integrated Chromia Mainnet and listed CHR, enabling users in 160+ countries to buy CHR with fiat via credit cards, bank transfers, Apple Pay, and Google Pay. This significantly lowers the barrier for new users entering the ecosystem.AugustChromBot, a physical AI device powered by Chromia and EVAL Engine, was showcased in Seoul and Hangzhou. This initiative highlights the potential of combining robotics, AI, and blockchain in real-world applications and continues to be a focus of Chromia’s Data and AI team.SeptemberChromia completed mainnet and native CHR integration with Binance, allowing direct deposits and withdrawals via Chromia Vault. This opens the network to a wider audience and streamlines access for existing Binance users.
The CRC2 NFT standard was introduced to provide interoperability with ERC-721 and ERC-1155 while supporting expanded metadata, on-chain content storage, and programmability. This standard allows developers to create more complex, flexible, and feature-rich NFT projects on Chromia.OctoberEVM staking rewards began to be phased out as part of efforts to encourage mainnet adoption and strengthen governance participation. Mainnet stakers continue to receive a 3% APR, supporting the network’s long-term sustainability and engagement.
Gate integrated Chromia mainnet, joining Binance, BitMart, and MEXC in supporting native CHR deposits and withdrawals. This expansion broadens Chromia’s accessibility and presence across global cryptocurrency markets.NovemberChromia integrated with the Virtuals Agent Commerce Protocol, providing decentralized, query-optimized storage for AI agent data. This allows developers to make agent interactions and workflows easily searchable while preserving transparency.DecemberThe Base network integration was completed and is now active, enabling the EVAL token to operate on Chromia and providing infrastructure for new project integrations.
Chromia Vault received an asset-centric redesign, improving usability and making it easier to manage accounts, assets, and staking.
ChromaWay announced a partnership with AICrit to support infrastructure and research, leveraging Chromia’s growing AI capabilities. The collaboration focuses on building repeatable workflows that provide the underlying infrastructure for scalable, data-driven experimentation.
Looking Ahead to 2026Chromia will focus on completing governance and AI cluster mainnet deployments, expanding AI and data services, and collaborating with new partners to grow the ecosystem. The network is well positioned to support increasingly sophisticated applications and continue innovating in the new year.
About ChromiaChromia is a Layer-1 relational blockchain platform that uses a modular framework to empower users and developers with dedicated dapp chains, customizable fee structures, and enhanced digital assets. By fundamentally changing how information is structured on the blockchain, Chromia provides natively queryable data indexed in real-time, challenging the status quo to deliver innovations that will streamline the end-user experience and facilitate new Web3 business models.
2025 was a busy year for Chromia - full of global engagement, community meetups, industry summits, and new bridges built between builders, partners, and Web3 enthusiasts across continents. From North America to the Middle East, Europe to East Asia, the Chromia team brought energy, demos, and conversations to events that are shaping the future of blockchain technology.
Here’s a look back at where Chromia visited in 2025, presented in chronological order.
ETHDenver 2025Denver, Colorado, USA (February 27–March 2)
We kicked off the year at ETHDenver, one of the flagship Ethereum ecosystem gatherings in North America. Over four days, the Chromia team connected with developers, builders, and other ecosystem leaders, showing what is next for Chromia and engaging in conversations around relational blockchain architecture and real world use cases.
— Chromia | Power to the Public (@Chromia) March 1, 2025 https://x.com/Chromia/status/1895917388627132825
Token2049 DubaiDubai, UAE (April 30–May 1)
Next stop: the Middle East. At Token2049 Dubai, Chromia joined global Web3 innovators to explore new opportunities in DeFi, and cross-chain collaboration at one of the region’s premier crypto conferences.
Colleagues from Chromia and its partners shared perspectives on ecosystem growth and cross-chain collaboration.
— Chromia | Power to the Public (@Chromia) May 1, 2025 https://x.com/Chromia/status/1917923319120044514
— Yeou Jie (@YeouJie) April 30, 2025
https://x.com/YeouJie/status/1917491389048447323
Chromia China Tour: ShanghaiShanghai, China (May 24)
In 2025, Chromia teamed up with TinTinLand to organize a series of events in China called the Chromia China Tour. TinTinLand is a Web3 developer community and education platform focused on blockchain technologies in the APAC region.
The first stop on the Tour was Shanghai, with a focus on on-chain vector databases and AI agent tools. Shanghai has become a hub for tech culture and innovation, and the Chromia team was there to engage with developers, creatives, and ecosystem advocates.
— TinTinLand (@OurTinTinLand) May 14, 2025
https://x.com/OurTinTinLand/status/1922572383510290879
Nordic Blockchain Association ConferenceStockholm, Sweden (June 18–19)
Our journey then continued north to Stockholm, where Chromia participated in the Nordic Blockchain Association Conference. This event brought together several of Europe’s blockchain leaders to discuss everything from infrastructure to regulatory landscapes. Chromia’s presence underscored our commitment to engaging with European builders and steering the future of decentralized data platforms.
— ChromaWay (@ChromaWay) June 19, 2025 https://x.com/ChromaWay/status/1935688946807160993
EthCC 2025Cannes, France (June 30–July 3)
Summer saw Chromia in the scenic French Riviera for an event in Cannes, mixing networking with conversations around gaming, community, and innovation. Chromia joined the event alongside friends and partners from My Neighbor Alice and Pudgy Penguins, adding to the collaborative atmosphere.
The French Riviera sun and beachside energy was matched by excitement from Web3 communities coming together to share ideas and strengthen ties.
We had an amazing time with @MyNeighborAlice in Cannes for @EthCC at Pengu and Alice's Beach Fest! pic.twitter.com/mTwOkbpcX5
— Chromia | Power to the Public (@Chromia) July 4, 2025 https://x.com/Chromia/status/1941096967364583855
We can't wait to see you there @EthCC! @MyNeighborAlice @pudgypenguins @MVenturesLabs https://t.co/wb3rYWOa0a
— Chromia | Power to the Public (@Chromia) June 30, 2025 https://x.com/Chromia/status/1939711345596756227
— Pudgy Penguins (@pudgypenguins) June 24, 2025 https://x.com/pudgypenguins/status/1937579799624712399
Chromia China Tour: HangzhouHangzhou, China (July 12)
The next stop on the Chromia China Tour was Hangzhou. Another vibrant tech region, Hangzhou offered fertile ground for Chromia to engage with developers, discuss localized adoption, and collaborate with community builders.
Conversations covered Chromia’s modular Layer 1 architecture, on chain storage and real world applications, the developer experience with RELL, and project showcases.
— TinTinLand 中文 (@TinTinLand_ZH) July 14, 2025 https://x.com/TinTinLand_ZH/status/1944700454665113835
📢 @Chromia is coming to Hangzhou! 🇨🇳
Curious about real use cases in gaming, AI, and social dApps?
Join us on Saturday, July 12 for Chromia China Tour · Hangzhou Stop, and explore the latest tech, ecosystem updates, and insights from the core team!
🗓️ Date: July 12, 2025… pic.twitter.com/2njuYNmyMr
— TinTinLand (@OurTinTinLand) July 1, 2025 https://x.com/OurTinTinLand/status/1940034948871987250
Chromia Korea MeetupSeoul, South Korea (August 13)
One of 2025’s most exciting community events was the Chromia Korea Meetup in Seoul, where over 250 attendees came together to experience Chromia first hand. The highlight was a hands on demo of ChromBot, a decentralized AI companion built with EVAL Engine and Chromia.
The event was buzzing with energy, with demos, rewards, merch, and lively discussion about the future of physical AI devices and blockchain.
Upbit D ConferenceSeoul, South Korea (September 9)
South Korea welcomed Chromia back for the Upbit D Conference, a major crypto industry event focusing on digital assets, blockchain tech, and on-the-ground innovation in Asia. Chromia joined builders and ecosystem partners to explore collaboration and growth opportunities in the APAC region.
— Chromia | Power to the Public (@Chromia) August 9, 2025 https://x.com/Chromia/status/1954049917229711697
— Yeou Jie (@YeouJie) September 9, 2025 https://x.com/YeouJie/status/1965325250276839810
Chromia China Tour: ChengduChengdu, China (November 1)
Wrapping up the Chromia China Tour, the team visited Chengdu to share insights on building AI systems that are verifiable, traceable, and trustworthy, highlighting real world applications and Chromia’s broader ecosystem strategy.
Talks covered Chromia’s vector database and relational design, showing how this approach enables efficient AI data retrieval and advanced agent use cases, and included a fireside discussion on the convergence of AI and Web3, focusing on infrastructure, data management, and governance.
🎉 Chromia China Tour · Chengdu Wrapped Up!
On November 1st, @Chromia X @OurTinTinLand brought the Chromia China Tour to Chengdu!
The core team delivered deep insights on making "AI Verifiable, Traceable & Trustworthy" through cutting-edge architecture, real-world applications,… pic.twitter.com/a4zKGI9IaI
— TinTinLand (@OurTinTinLand) November 3, 2025 https://x.com/OurTinTinLand/status/1985308474952356326?t=OpHpXL9tuOG7Ec1By3OYIw&s=19
Binance Blockchain WeekDubai, UAE (December 3-4
Closing out a busy year of travels, the team headed back to Dubai for Binance Blockchain Week. Chromia had a booth in the innovation hall where we met builders, partners, investors, and supporters from around the world.
The atmosphere, discussions, and connections made here set an optimistic tone for 2026.
A huge thank you to everyone who stopped by the Chromia booth — we truly enjoyed meeting builders, partners, investors, creators, and community members from all over the world.
Your energy, curiosity, and support made the… pic.twitter.com/ueDrsdbJlw
— Chromia | Power to the Public (@Chromia) December 4, 2025 https://x.com/Chromia/status/1996552267495772292
— Yeou Jie (@YeouJie) December 3, 2025 https://x.com/YeouJie/status/1996163885695639582
📣 Chromia is heading to @binance Blockchain Week in Dubai! 🇦🇪✨
We’re excited to share that our team will be participating in Binance Blockchain Week, joining builders, innovators, and industry leaders from around the world right here in Dubai.
This is a great opportunity to… pic.twitter.com/v98QZw8Itk
— Chromia | Power to the Public (@Chromia) December 2, 2025 https://x.com/Chromia/status/1995900315304866044
From global meetups to local hackathons, from coast to coast and country to country - Chromia is listening and we look forward to seeing you all again soon!
Let’s build, explore, and connect in new places together.
About Chromia
Chromia is a Layer-1 relational blockchain platform that uses a modular framework to empower users and developers with dedicated dapp chains, customizable fee structures, and enhanced digital assets. By fundamentally changing how information is structured on the blockchain, Chromia provides natively queryable data indexed in real-time, challenging the status quo to deliver innovations that will streamline the end-user experience and facilitate new Web3 business models.
While Bitcoin hovers around $95,400, several gaming and social tokens like BitBoard (BB) and Clash of Lilliput (COL) are leading the pack with notable 24-hour increases.
BitBoard has surged 104% in the last 24 hours, trading at $0.006162 from a low of $0.002903. BB has shown a price pump of 760% over the past week and 4,200% growth in the last 30 days. See below.
Source: CoinGecko BitBoard describes itself as “a space for stars and fans that offers an online fandom service.” However, despite the price action, there haven’t been any notable announcements or developments from the project that would explain such price movements. The surge appears to be driven more by market speculation than fundamental developments.
Second on CoinGecko’s top crypto gainers list is Clash of Lilliput. The token jumped 64.3% in the past 24 hours from $0.2546 to $0.419 before falling to about $0.2874 at press time.
Unlike BitBoard, there is a clearer catalyst for COL’s price action.
Source: CoinGecko The gaming token supports an “LG game based on the scenario of a race of miniature people building a tribe to help their survival and prosperity.”
The recent price surge coincides with an announcement about expanded token utility within the game ecosystem.
According to the team, users can now use COL to speed up upgrades, buy items, and trade pets & gear. They can also earn rewards based on their battle rankings.
This expansion of in-game token utility appears to be driving genuine user interest and demand.
TROLL climbed 52.3% over 24 hours, from $0.01996 to $0.03373.
Despite the impressive gains, TROLL appears to be a relatively new project with no clear developments or announcements that would explain the price surge.
It’s currently up 20.2% and trading at $0.03106.
Source: CoinGecko The fourth coin on the list is ArcBlock which has gained 40% in the last 24 hours, trading at $1.15 from $0.817 at last check.
ArcBlock’s price movement appears connected to a specific product announcement.
Source: CoinGecko The project recently unveiled ArcSphere which is described as “a different kind of browser” though specific details about its functionality and features were not provided.
While these smaller tokens post big gains, Bitcoin (BTC) has pulled back below $96,000. The overall crypto market cap has also dropped 0.9% from yesterday’s $3 trillion to $2.97 trillion as per CoinMarketCap data.
RockTree Capital, a leading crypto-native fund and merchant bank headquartered in Beijing, announces the launch of its immersive website, showcasing a futuristic film-noir concept: the Cyberpunk Crypto City.
The website’s cutting-edge interactive cityscape represents RockTree’s vision where Web3 has become pervasive, fusing technology, finance, and culture. The site, set in the future near the 11th halving of bitcoin, builds on the ideas of the cypherpunk movement, through advocating for the widespread use of decentralization and privacy-enhancing technologies as a route to self sovereignty and freedom for human beings everywhere.
As an early-stage investor and bespoke accelerator in Asia for its portfolio companies, RockTree Capital has been instrumental in geometrically accelerating its investee projects’ go-to-market cycle. Through its ultra-localized strategies and grassroots community building initiatives, RockTree has empowered emerging founders and projects to thrive in both East and West markets.
Leveraging deep regional relationships with leading crypto institutions, capital collaborators, and Web3 partners, RockTree invests in and accelerates the trajectory of projects from Infrastructure, DeFi, Cross-chain, and the Bitcoin Ecosystem.
Founded by visionary investor Omer Ozden and headquartered in Beijing, China, RockTree Capital operates at the nexus of the East & West with a crypto native team that bridges the human, cultural, capital and media gap across these markets. RockTree embodies a truly grassroots approach that unites Eastern and Western crypto markets and benefits its portfolio investments, which include amongst others; dYdX, The Graph, Chainlink, Fantom, Pocket, Maple, Covalent, Axelar, Eclipse, and BEVM.
“RockTree focuses on the human aspects of Web3. In addition to unifying the collaboration of top people in Eastern and Western crypto markets, our core strength is identifying the human hallmarks of success for Founders and Team,” says Omer Ozden, Founder and Chairman of RockTree Capital.
“We utilize advanced behavioral neuroscience methods to determine Founders’ emotional intelligence, execution capabilities and integrity. We prioritize not only technological innovation, but also the individuals behind that innovation, their psychology and levels of consciousness. And we invite those projects into our trusted international ecosystem and methodology, so they can scale rapidly in foreign markets, instead of trying to figure it out organically through trial and error,” said Ozden.
The Cyberpunk Crypto City website represents RockTree’s forward-looking vision decades in the future, where Web3 technology and digital assets penetrate all peoples’ daily lives, and decentralized finance becomes a pervasive consumer product, like soft drinks or chewing gum, allowing true democratization of finance. Visitors to the Cyberpunk Crypto City website will immerse themselves in a retro film-noir homage, with captivating visuals of a cybernetic metropolis of replicants, that is bilingual in English and Chinese, and powered by blockchain technology.
Experience the future of finance at RockTree Capital’s Cyberpunk Crypto City and join us in shaping the next chapter of Web3 innovation.
About RockTree Capital RockTree Capital is an early stage crypto-native fund and merchant bank based in Beijing, China. Our portfolio companies experience geometric scale in Asian markets through the RockTree Acceleration Program by combining our ultra-localized go-to-market strategies and grassroots long-term community building. RockTree invests into top-tier crypto projects and helps build Decacorns in the areas of Infrastructure, DeFi, Cross-chain and Bitcoin Ecosystem
Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...
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June 26, 2024
Blockchain data infrastructure Covalent has announced the successful closing of a $5 million strategic funding round.
According to the press release shared with Cryptonews, RockTree Capital led the round, with participation from major Asian investors, including CMCC Global, Moonrock Capital, and Double Peak Group.
Covalent has also unveiled the New Dawn Initiative. They describe it as “a complete rebrand” that will bring the project closer to its crypto-native community and “farther from corporate influences.”
New perspective, new outlook, new brand.
The New Dawn Progress:
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓░ 95% pic.twitter.com/OFk9xvprw5
— Covalent (@Covalent_HQ) June 26, 2024
Expanding Through Asia
The Covalent team said that they would use the funds to expand Covalent’s operations to Asia.
Furthermore, it will be utilized to support the adoption of Long-Term Data Availability in China, Korea, and Singapore.
Co-founder Ganesh Swami commented that Asia is an emerging crypto hub, showing “immense potential to become the leader of the next bull run.”
“With the Ethereum Wayback Machine [EWM] as a gateway to permanent data, we are excited to bring Long-Term Data Availability to Asian countries to boost local adoption and innovations,” he remarked.
Introducing the Ethereum Wayback Machine (EWM), a game-changing solution ensuring sustained access to historical blockchain data. 🚀
This innovation solidifies our commitment to Ethereum and safeguards its historical data. 💪 https://t.co/qn6lc95god
— Covalent (@Covalent_HQ) November 8, 2023
The team wants to make blockchain data more accessible and scalable, saying that this will enable them to provide “the most robust data infrastructure to cultivate blockchain and AI innovations in Asia.”
Therefore, Asian developers and users can now utilize Covalent’s EWM and broad dataset to innovate and scale, the announcement stated.
Responding to the need for permanent and verifiable blockchain data, it said, the team created the EWM, maintaining the security and integrity of all Ethereum data.
Covalent claims to currently possess “the largest structured data pool in Web3,” having been integrated with over 225 blockchains and 240 million wallets. This “fuels the advancement of Decentralized AI.”
Furthermore, thanks to it providing reliable data, the EWM accelerates the training and inference of AI models.
‘Relentless in Driving the AI-Web3 Convergence’
Meanwhile, Covalent says that it offers to its users a range of real-world use cases. These include automated trading for DeFi and scaling GameFi projects for mass adoption.
The team argued that “whether building decentralized Ethereum applications or unbiased AI models, the unique ability to easily access historical blockchain data opens up the door to new possibilities and promotes true decentralization.”
Omer Ozden, CEO of RockTree Capital, described the Covalent team as “relentless in driving the convergence of AI and Web3.”
They work to deliver the largest data set infrastructure in crypto, he said. “As this convergence explodes, so does Covalent’s use-case.”
Covalent’s Swami added that the company’s mission is democratizing access to all blockchain data.
He noted that this latest move is only the beginning of The New Dawn – a series of Covalent upgrades “to strengthen our commitment to Data Availability and Decentralized AI.”
The Covalent x @Consensys grants program is in full swing 🤝
We're committing $2.5M in grants through the Consensys Scale Program to empower developers! If you're building on @LineaBuild or @MetaMask, it's time to unlock new opportunities 🚀
Details ⬇️https://t.co/9vPxgowXFS
— Covalent (@Covalent_HQ) June 13, 2024
Meanwhile, the move follows the mid-June announcement that former BitMEX CEO Arthur Hayes joining Covalent as a strategic advisor.
Also in June, Covalent committed $2.5 million in grants through the Consensys Builders Scale Program.
As the cryptocurrency world continues to experience volatile price movements, attention turns to analysts’ comments and which cryptocurrencies they focus on. During the period when Bitcoin fell from $70,000 to $58,500 and then recovered slightly, a famous market follower predicted a rise for an altcoin while painting a pessimistic picture for Bitcoin and Ethereum.
Analyst’s Altcoin EmphasisAn analyst closely followed in the cryptocurrency world made statements suggesting that a low-volume artificial intelligence (AI) token could rise. Cryptocurrency analyst Michaël van de Poppe made significant statements on X.
He indicated that there could be a rise for Covalent (CQT), which ranks 346th in market value and is lagging in market volume.
CQT has returned to November 2023 levels. There has been a sharp correction since the peak in February. We expect Covalent’s price to rise significantly since its latest updates.
CQT is trading at $0.1549 after a 3.83% drop at the time of writing. CQT’s market cap is $124 million, while its trading volume remains below $1 million after a 21% drop in the last 24 hours.
Bitcoin (BTC) was also reviewed by Van de Poppe, who suggested a possible drop before a rise in the leading cryptocurrency.
This will likely be the case for Bitcoin. Preferably, we scan the $60,000 region where the bullish divergence started. A reversal could occur from next week with the approach of the Ethereum ETF (exchange-traded fund) listing.
BTC experienced a 1.8% drop in the last hour and is now finding buyers at $60,695. The market cap has fallen below $1.2 billion, while the 24-hour trading volume is at $23.4 billion after a 3% rise.
How Much is Ethereum?Lastly, the analyst reviewed Ethereum (ETH) and suggested that ETH could move upward against BTC (ETH/BTC).
Technically, ETH is holding a very important level for support. I think we will continue to drift upward from here. If it can reach 0.06 BTC ($3,690), then I assume we will see a major breakout and Altcoin strength for the rest of the year.
ETF is continuing to find buyers at $3,379 after a 2.11% drop in the last 24 hours.
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.
Covalent (QCT), a modular data infrastructure for artificial intelligence (AI), has seen the price of its native token fluctuate sharply in the past 24 hours.
The price of QCT fell sharply on Thursday, crashing from $0.15 to $0.10. However, QCT has rebounded and is currently trading around $0.16, as the community looks to steady itself around the AI-related crypto project considered a major network development.
Crypto analyst Michael van de Poppe said on X that Covalent is poised to bounce back after the sharp price correction.
“$CQT is doing great in their ecosystem and they proposed a change for CQT to become CXT as the next step in their journey. Price has endured a massive correction in the past period, but I think this will change over the coming period,” he noted.
$CQT is doing great in their ecosystem and they proposed a change for CQT to become CXT as the next step in their journey.
Price has endured a massive correction in the past period, but I think this will change over the coming period. https://t.co/53OAP81EXF
— Michaël van de Poppe (@CryptoMichNL) July 11, 2024 Covalent migrating QCT to CXT Covalent recently announced a governance proposal to migrate the existing token CQT to a new token CXT. The team said in a blog post that the move marks the dawn of a new era for the platform.
The transition helps the modular data infrastructure network extend its ecosystem to encompass the growing AI and long-term data availability vision. Changing the ticker to CXT and providing for additional scope and improved liquidity are key to the transition, the project stated.
Currently, CQT fails to capture this vision, particularly in relation to a decentralized data infrastructure ecosystem.
The voting snapshot shows the proposal passed with 37 million QCT – the quorum needed was 10 million QCT. Covalent’s vote on the proposal started on July 9 and ended on July 11.
Token migration for holders, operators, and delegators is automated, with the ratio set at 1:1. Covalent announced a trading halt during the governance vote and migration, which received support from OKX, Gate.io, and Crypto.com exchanges.
Covalent recently secured $5 million in strategic financing from several venture capital firms, including RockTree Capital and CMCC Global. The blockchain firm said it would use these funds to expand its data infrastructure.
Cryptocurrency market participants closely follow token unlock events. According to the Token Unlocks platform, the upcoming week will see token unlocks worth $338.27 million. Tomorrow, a significant unlock event for the native token HFT of the popular decentralized cryptocurrency exchange Hashflow should be carefully monitored.
Final Hours for HashflowToken Unlocks platform data indicates that next week, the cryptocurrency market will witness token unlocks valued at $338.27 million, with the largest event involving the decentralized cryptocurrency exchange Hashflow, valued at $5.95 million.
The event, taking place tomorrow (March 7) at 03:00 AM, will release an amount of HFT tokens that represents 3.77% of the total HFT supply. Investors are eagerly awaiting the event, and at the time of writing, the HFT token was trading at $0.435. The HFT token unlock event stands out as the most valuable of the week.
HFT Chart AnalysisThe daily HFT chart shows a rising channel formation. The intact support and resistance levels within this formation seem to have provided crucial hints to many investors. The recent price drop found support near the EMA 200 (red line), leading to a price recovery, but staying below the EMA 9 (blue line) could cause HFT’s price momentum to wane in the short term.
The most important support levels to watch on the daily chart for HFT are, in order; $0.4199, $0.4016, and $0.3841. A daily bar close below the $0.4199 level, which intersects with the EMA 21 (green line), could lead to a loss of momentum for the HFT price.
The most important resistance levels to monitor on the daily chart for HFT are, in order; $0.4526, $0.4749, and $0.5082. A daily bar close above the $0.5082 level, which has been a significant resistance during the last uptrend, could help HFT’s price gain momentum.
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.
In a significant development for the cryptocurrency market, Toncoin (TON), Celo (CELO), Hashflow (HFT), JasmyCoin (JASMY), and Metis (METIS) have been officially listed on DWF Liquid Markets. From now onwards, traders can easily access these coins. These tokens are available in the following pairs for users TON/USDT, CELO/USDT, HFT/USDT, JASMY/USDT, and METIS/USDT. Earlier, Liquid Markets added $JOE, $LADYS, and $FLOKI as well.
DWF Markets Welcomes Revived TON, Inclusive Celo, and Liquid Hashflow Toncoin (TON) is an important a decentralized layer-1 blockchain. It was initially developed in 2018 by the encrypted messaging platform Telegram. Apart from the project’s initial neglect, it has been revived by the TON Foundation. It has been also rebranded from Telegram Open Network to The Open Network. Additionally, it showcased a renewed focus on its development and potential.
Celo is another addition to the DWF Liquid Markets. It is a carbon-negative, permissionless blockchain with a plenty of ecosystem of global partners. This blockchain is actively supporting the creation of innovative Web3 decentralized applications (dapps). Moreover, it aims at fostering a more inclusive financial system accessible to all.
Hashflow offers traders deep liquidity across various leading blockchains. With access to approximately $8 billion in liquidity, Hashflow promises traders the best prices. It also facilitates seamless trading experiences for every token, both interchain and cross-chain.
JasmyCoin and Metis Enter Crypto Space, Addressing Scalability and Efficiency JasmyCoin (JASMY) emerges as a cryptocurrency project from Jasmy Corporation. It is a Tokyo-based Internet of Things (IoT) provider. Operating within the realm of the Internet of Things, JasmyCoin leverages both mechanical and digital components. In addition to this, JasmyCoin is equipped with unique identifiers to transmit data efficiently.
Lastly, Metis joins the lineup as an Ethereum Layer-2 scaling solution. It aims to address the blockchain problems by offering decentralization, security, and scalability at the same time. Additionally, Metis aims to tackle some of Ethereum’s most pressing challenges. These challenges include speed, cost, and scalability. As a result, it enhances the overall efficiency and functionality of the Ethereum network.
The addition of these five tokens to DWF Liquid Markets will expand the platform’s offerings. Moreover, it is going to provide traders with increased access to a plethora of innovative blockchain projects. The world of cryptocurrency market is continuously evolving. In this scenario, the availability of such tokens on established trading platforms is very necessary. The platforms like DWF Liquid Markets reflect the increasing interest of crypto worldwide.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
The world of cryptocurrencies is about to witness a significant event that demands the attention of crypto market investors-token unlocks. This event could potentially impact the market supply of three cryptocurrencies, Ethena (ENA), Galxe (GAL), and Hashflow (HFT), leading to a bearish trend in the industry. According to insights from the Token Unlocks App, these tokens are expected to experience massive unlocks, with approximately $58 million worth of coins collectively set to be released in the coming days.
Let’s take a closer look at the three cryptocurrencies that are bracing for a substantial increase in supply pressure in the near future due to token unlocks.
Eethena (ENA) According to the insights offered by the Token Unlocks App, Ethena (ENA) will absorb the impact of a $47 million token unlock. On June 1 at 11:00 PM UTC, 53.6 million ENA, equivalent to 3.62% of the circulating supply, will be released into the market. This could bring about a significant shift in ENA’s price action, as increased supply is often viewed as a bearish sign among traders.
Meanwhile, ENA’s price jumped 2.69% over the past day and is trading at the $0.8896 price level. Its daily peaks and lows are $0.8642 and $0.9075, respectively.
Galxe (GAL) Galxe (GAL) is another crypto that will face a token unlock worth $7.32 million coins. According to the data, 2.03 million GAL, worth 1.76% of the circulating supply, will be unlocked on June 05, at 12:00 AM UTC.
GAL’s price dipped 2.77% in the past 24 hours to $3.61. Its bottoms and tops for the day are $3.61 and $3.78, respectively. As mentioned above, a significant increase in supply could potentially drive the price to a slump.
Also Read: XRP Whales Accumulate 100M Coins From Binance, Price Rally Inbound?
Hashflow (HFT) The last crypto on the list that traders would want to avoid trading this week is the HFT token. According to the data, HFT is set to witness a token unlock worth $3.96 million. On June 07 at 12:00 AM UTC, 13.85 million HFT tokens will be unlocked, worth 3.41% of the circulating supply. This significant amount could bring a more remarkable price action shift.
As of writing, the HFT token traded at $0.2892, down 1.74% over the past day. Its 24-hour lows and highs are $0.2891 and $0.2995, respectively.
Also Read: Japanese Crypto Exchange DMM Bitcoin Loses $300 Million Worth of BTC In Latest Leak
Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.
However, factors like lack of liquidity or early investor profit-taking can significantly impact an asset’s dynamics. Although next week lacks major unlocks, these three upcoming events are still worth noting.
Immutable (IMX) Unlock date: August 9 Number of tokens unlocked: 32.47 million IMX Current circulating supply: 1.54 billion IMX Immutable is a Layer-2 solution for scaling NFTs on the Ethereum blockchain. In September 2021, the project raised $12.5 million during the IMX token sale on the CoinList platform in just one hour. In March 2022, it closed a $60 million investment round and secured an additional $200 million from investors, including ParaFi Capital, Declaration Partners, and Tencent Holdings.
On August 9, the circulating supply of IMX will increase by 32.47 million tokens. These newly unlocked tokens will be allocated to the development of the project and the broader Immutable ecosystem. The crypto community is discussing the IMX’s unimpressive performance, attributing it largely to the frequent unlocks.
“Look at the historical data. $IMX last bull market had a higher price but lower MC. Now it has a higher MC but the price is way less. This is due to supply unlocks,” one X user wrote.
Read more: Layer-2 Crypto Projects for 2024: The Top Picks
IMX Unlock. Source: token.unlocksXai (XAI) Unlock date: August 9 Number of tokens unlocked: 35.88 million XAI Current circulating supply: 519.82 million XAI Xai is the world’s first Layer 3 solution designed specifically for AAA gaming. Utilizing Arbitrum technology, Xai prioritizes simplicity and ease of use by removing the complexities of wallet management. This approach makes blockchain integration a seamless part of the gaming ecosystem.
On August 9, the project will unlock 35.88 million XAI tokens, distributing them among the team, investors, reserve, and ecosystem.
Read more: The 6 Best Cryptocurrency Powered Games in 2024
XAI Unlock. Source: token.unlocksEthena (ENA) Unlock date: August 11 Number of tokens unlocked: 14.89 million ENA Current circulating supply: 1.80 billion ENA Ethena is a synthetic currency protocol built on Ethereum. It provides a native cryptocurrency solution independent of traditional banking, and also offers global users a dollar-denominated savings instrument called the ‘Internet Bond.’
The ENA token enables holders to vote on governance proposals. On August 11, the project will unlock almost 15 million ENA dedicated to ecosystem development.
Read more: What Is Ethena Protocol and its USDe Synthetic Dollar?
ENA Unlock. Source: token.unlocksOther next-week cliff unlocks include dYdX (DYDX), Hashflow (HFT), and Moonbeam (GLMR), with a total value exceeding $60 million. Although many consider token unlocks bearish, a well-planned schedule can strengthen a project’s long-term viability. Aligned with milestones and development progress, unlocks will motivate team members, boost community engagement, and promote ecosystem growth.
Cryptocurrency markets are currently experiencing a stagnant phase, with most altcoins not showing significant movement. The market did not react much to the July personal consumption expenditures (PCE) data released yesterday. Specifically, the July inflation data showed that the price increase continued to slow in line with the Federal Reserve’s 2% target. This situation creates a possibility for interest rate cuts in September.
Despite the potential for interest rate cuts, risky assets like cryptocurrencies remain stagnant. Bitcoin (BTC) continues to consolidate below the $60,000 resistance level. While the current situation may present an investment opportunity, there are cryptocurrencies that investors should avoid trading next week due to the potential for increased volatility. The first of these is Immutable.
The cryptocurrency Immutable (IMX) has shown resistance recently, increasing by about 8% over the past month despite overall market fluctuations. However, with an upcoming token unlock on September 6, 2024, 32.47 million IMX will be released into the market. These tokens represent 2.06% of the cryptocurrency’s market value, equivalent to approximately $47.23 million. While technical indicators mostly show bullish signals for IMX, the increased supply from the unlock could change market sentiment and trigger new volatility.
Be Cautious with HFT and SUIAltcoin Hashflow (HFT) faces a similar situation. A token unlock is scheduled for September 7, 2024. 15.83 million HFT tokens will be released into the market. This release, representing 4.33% of the current market value, is worth approximately $2.27 million. Historically, tokens with significant unlocks like HFT usually experience increased selling pressure. At the time of writing, Hashflow was trading at $0.14 and had dropped more than 23% over the past month.
The cryptocurrency Sui (SUI) will face a token unlock on September 3, 2024. With the unlock, 83.88 million SUI will be released into the market. This release, representing 3.23% of the current market value, will be worth approximately $67.97 million. At the time of writing, SUI was trading at $0.81.
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.
The cryptocurrency market is currently experiencing a stagnant phase, with most altcoins not moving in a clear direction. The market showed little reaction to the July personal consumption expenditures (PCE) data released yesterday. Particularly, the July inflation data indicated that the price increase continued to slow down in line with the Federal Reserve’s 2% target. This situation raises the possibility of interest rate cuts in September.
Despite the potential for interest rate cuts, risky assets like cryptocurrencies remain stagnant. Bitcoin (BTC) continues to consolidate below the $60,000 resistance level. While the current situation may offer an investment opportunity, there are cryptocurrencies that investors should avoid trading due to the potential for increased volatility in the coming week. The first of these is Immutable.
The cryptocurrency Immutable (IMX) has shown resistance recently and increased by about 8% last month despite overall market fluctuations. However, with an upcoming token unlock on September 6, 2024, 32.47 million IMX will be released into the market. These tokens represent 2.06% of the cryptocurrency’s market value and are worth approximately $47.23 million. Although technical indicators mostly signal bullish for IMX, the increased supply due to the unlock could change sentiment and trigger new volatility.
Be Cautious with HFT and SUIAltcoin Hashflow (HFT) is facing a similar situation. A token unlock is scheduled for September 7, 2024. 15.83 million HFT tokens will be released into the market. This release, representing 4.33% of the current market value, is worth approximately $2.27 million. Historically, tokens with significant unlocks like HFT often experience increased selling pressure. At the time of writing, Hashflow was trading at $0.14 and had dropped more than 23% in the last month.
The cryptocurrency Sui (SUI) is facing a token unlock on September 3, 2024. With the unlock, 83.88 million SUI will be released into the market. This release, representing 3.23% of the current market value, will be worth approximately $67.97 million. At the time of writing, SUI was trading at $0.81.
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.
Cryptocurrency markets are currently experiencing a stagnant phase, with most altcoins showing no significant movement. The market did not react much to the July personal consumption expenditures (PCE) data released yesterday. Especially, the July inflation data showed that the price increase continued to slow down in line with the Federal Reserve’s 2% target. This situation suggests a possibility of interest rate cuts in September.
Despite the potential for interest rate cuts, risky assets like cryptocurrencies remain stagnant. Bitcoin (BTC) continues to consolidate below the $60,000 resistance level. While the current situation might present an investment opportunity, there are cryptocurrencies that investors should avoid trading due to the potential for increased volatility next week. The first of these is Immutable.
The cryptocurrency Immutable (IMX) has shown resistance recently, increasing by about 8% over the past month despite overall market fluctuations. However, an upcoming token unlock on September 6, 2024, will release 32.47 million IMX into the market. These tokens represent 2.06% of the cryptocurrency’s market value, approximately worth $47.23 million. Although technical indicators mostly show bullish signals for IMX, the increased supply due to the unlock could change sentiment and trigger new volatility.
Beware of HFT and SUIAltcoin Hashflow (HFT) faces a similar situation. A token unlock will occur on September 7, 2024. The market will see the release of 15.83 million HFT tokens. This release, representing 4.33% of the current market value, is worth approximately $2.27 million. Historically, tokens with significant unlocks like HFT typically experience increased selling pressure. At the time of writing, Hashflow was trading at $0.14 and had dropped more than 23% in the past month.
The cryptocurrency Sui (SUI) faces a token unlock on September 3, 2024. The unlock will release 83.88 million SUI into the market. This release, representing 3.23% of the current market value, will be worth approximately $67.97 million. At the time of writing, SUI was trading at $0.81.
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.
Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.
However, factors like lack of liquidity or early investor profit-taking can significantly impact an asset’s dynamics. Here are three major unlocks to watch next week.
Taiko (TAIKO) Unlock date: September 5 Number of tokens unlocked: 12 million TAIKO Current circulating supply: 63.09 million TAIKO Taiko is a decentralized Layer-2 scaling solution for Ethereum, leveraging ZK-Rollup technology. The protocol operates in a permissionless manner, allowing community members to participate in network operations
On September 5, Taiko will unlock a substantial portion of its TAIKO tokens, representing 19% of the current circulating supply. The project will distribute the newly released tokens to participants in the Trailblazer program.
Read more: Layer-2 Crypto Projects for 2024: The Top Picks
TAIKO Unlock. Source: token.unlocksImmutable (IMX) Unlock date: September 6 Number of tokens unlocked: 32.47 million IMX Current circulating supply: 1.57 billion IMX Immutable is a Layer-2 solution for scaling NFTs on the Ethereum blockchain. In September 2021, the project raised $12.5 million during the IMX token sale on the CoinList platform in just one hour. In March 2022, it closed a $60 million investment round and secured an additional $200 million from investors, including ParaFi Capital, Declaration Partners, and Tencent Holdings.
On September 6, the circulating supply of IMX will increase by 32.47 million tokens. These newly unlocked coins will be allocated to the development of the project and the broader Immutable ecosystem.
Read more: What Is Immutable?
IMX Unlock. Source: token.unlocksMode (MODE) Unlock date: September 6 Number of tokens unlocked: 500 million MODE Current circulating supply: 1.3 billion MODE Mode Network is a modular Layer-2 network focused on DeFi, built on Optimism’s Bedrock upgrade. The network features a unique contract revenue-sharing incentive at the protocol level, where both DApps and users that contribute to the Mode blockchain receive a portion of the network sequencer’s profits.
This current unlocking event involves 500 million tokens, nearly 40% of the circulating supply. Despite this, no additional unlocks are scheduled for more than six months. However, the community remains skeptical about this tokenomics design.
“For the coming week, there are 4 unlocks at more than 2% but we will especially have to watch $TAIKO which will unlock 19% of its supply on September 5 and $MODE on September 6 which will unlock 38.46% of its supply. Super tokenomics,” one X user commented.
Read more: Optimism vs. Arbitrum: Ethereum Layer-2 Rollups Compared
MODE Unlock. Source: token.unlocksOther next-week cliff unlocks include dYdX (DYDX), Liquity (LQTY), Hashflow (HFT), and Ethena (ENA), with a total value exceeding $77 million. Although many consider unlocks bearish, a well-planned schedule can strengthen a project’s long-term viability. Aligned with milestones and development progress, unlocks will motivate team members, boost community engagement, and promote ecosystem growth.
