Blockchain
Tencent to Use the Blockchain to Derail China’s Counterfeit Invoice Industry
Sellers of counterfeit, illegally-made receipts help businesses take advantage of tax loopholes in China, but that’s set to change with the application of blockchain technology in the handling of digital invoices.
Disrupting China’s Counterfeit Invoice Market
Faked official invoices are big business in China. One person who creates these legal proof of payments — “fapiao” in Chinese – calls herself Mrs. Wang.
She claims that in just 24-hours a fake receipt can be created that is guaranteed to be verified by the country’s tax system. For her efforts, Wang charges 2% of the fake receipt’s face value after it is verified.
“Let me know your company name, the amount of money and the sales item. I can have it ready and mail it to you tomorrow,” said Wang, speaking with the South China Morning Post.
In attempts to fightback against these counterfeit fapiaos, Chinese internet giant Tencent Holdings has teamed up with the Shenzhen branch of the State Administration of Taxation to develop a blockchain-based digital invoice solution, which is designed to protect the authenticity of invoices by tracking the process of issuance and circulation.
The ability to trace official invoice information on the Tencent-developed blockchain will improve the government’s surveillance procedure against counterfeit fapiao, according to the company.
“We hope to make every fapiao checkable, verifiable, reliable and traceable, and use blockchain technology to manage the whole circulation process of fapiaos,” Pony Ma Huateng, Tencent’s chairman and chief executive, said in a statement.
Huateng also reiterated that the company’s solution represents the first application of blockchain technology in the handling of digital invoices in China — a country that supports the distributed ledger technology, but isn’t too fond of cryptocurrencies themselves.
China’s Interest in Blockchain Solutions
In Shenzhen, where Tencent is based, a 500 million yuan ($78.3 million) local government-backed fund has recently been set up to focus on blockchain investments.
According to a release from the Hong Kong Monetary Authority, the government recognizes that the distributed ledger enables the secure sharing and storage of records of transactions, as well as post-trade settlements, record checking and management, and cross-border fund transfers.
This interest in the technology is not new. In fact, China helped raise the profile of blockchain when it became one of the first countries in the world to include the technology as part of a state-level policy back in 2016, when Premier Li Keqiang announced that blockchain was written into the country’s five year development plan.
Earlier this month the Chinese government put forth a blockchain rating system that pertains to public blockchain projects and cryptocurrencies. The system rates the projects on three key factors: technology, application, and innovation.
According to the index, Ethereum ranks top, followed by Steem, Lisk, NEO, and Komodo. Bitcoin is in the middle, at 13, and XEM takes last place, at 28.
Blockchain
Matchain reaches 100 million transactions in record time
Matchain, the pioneering AI blockchain built on BNB Chain, has achieved a remarkable milestone of 100 million+ transactions just three months after its mainnet launch, demonstrating unprecedented growth in blockchain adoption and utility.
Record-breaking growth
This achievement showcases Matchain’s powerful infrastructure and growing ecosystem:
- 16 million+ Total Unique Active Wallets (UAW)
- Ranked among Top 5 blockchains on DappRadar by UAW
- Partnerships with 60+ innovative projects
- 12 million+ Telegram community members
Driving mass adoption through strategic partnerships
Matchain’s growth has been driven by key partnerships across multiple sectors. These partnerships show how the platform brings Web3 technology to new users through real-world applications.
Paris Saint-Germain (PSG)
Matchain’s partnership with PSG as their Exclusive Digital Identity Partner connects Web3 technology with over 150 million football fans worldwide. The establishment of a Joint Innovation Studio is developing innovative Web3 experiences that transform how fans interact with their favorite team.
The partnership provides fans with unprecedented control over their digital interactions while giving Matchain prominent exposure through stadium advertising, exclusive content creation opportunities, and access to PSG’s influential social media presence.
Dmail Network
The integration with Dmail showcases Matchain’s ability to drive adoption. By establishing itself as Dmail’s third-largest chain and driving approximately 20% of their overall traffic, Matchain has outperformed established industry leaders including Base, Solana, Ethereum, and Arbitrum.
This success demonstrates how Matchain can significantly boost adoption rates for decentralized applications while providing user-friendly experiences.
Gaming sector
Gaming partnerships highlight Matchain’s capability to handle high-volume transactions at scale. Leading projects like LOL have achieved remarkable success on the platform, drawing over 2 million active users and processing over 24 million transactions in just 30 days.
This performance has earned LOL the #1 rank by UAW for blockchain games on DappRadar, proving that Matchain’s infrastructure can support intensive gaming applications while maintaining optimal performance and user engagement.
Recognition by BNB Chain
Further validating Matchain’s innovative approach, BNB Chain has selected Matchain for its prestigious Most Valuable Builder (MVB) Program Season 8. The program, backed by BNB Chain Innovation, Binance Labs, and CoinMarketCap Labs, provides comprehensive support to accelerate Matchain’s development of AI-powered identity solutions. This strategic backing will enhance Matchain’s platform capabilities while supporting its rapid ecosystem expansion.
Looking Forward
Matchain is aggressively expanding its ecosystem in 2025 through several key initiatives:
- Launching enhanced developer tools and SDKs to accelerate project integration
- Extending reach across additional sectors through new strategic partnerships
- Transforming user interaction through innovative AI-powered features
- Enabling seamless transactions with expanded cross-chain capabilities
- And many more exciting initiatives!
About Matchain
Matchain is a blockchain platform that offers advanced AI-driven decentralized identity solutions. It ensures privacy, security, and control over personal data, allowing users to own and monetize their digital information within a secure ecosystem.
Blockchain
Compliance Meets Scalability: Plume Integrates ERC-3643 for RWA Solutions
Plume, a modular and composable layer-1 blockchain network purpose-built for real world asset finance (RWAfi), has joined the ERC-3643 Association. This strategic move brings the ERC-3643 standard, widely regarded as the benchmark for compliant RWA tokenization, to the Plume ecosystem. As institutions increasingly embrace tokenized assets, the integration positions Plume as an enabler of scalable, regulation-ready infrastructure for RWA tokenization across diverse industries.
Expanding ERC-3643 to Modular Blockchain Networks
ERC-3643, also known as the Token for Regulated Exchanges (T-REX) standard, has been pivotal in setting compliance benchmarks for tokenized assets. Its unique framework integrates permissioned tokens and decentralized identity (DID), enabling regulatory adherence directly on chain. With adoption by financial institutions like Citi and ABN AMRO, ERC-3643 has proven its value in tokenizing regulated assets, including green bonds, debt, real estate, funds, and private equity.
Plume Network will integrate the ERC-3643 token standard into its modular L1 blockchain framework, introducing a universal and proven standard to its ecosystem. This move aims to accelerate compliant tokenization of RWAfi, bringing greater transparency, security, and regulatory adherence to blockchain-based asset management. This integration addresses growing institutional demand for tokenization solutions that combine compliance with high throughput and interoperability.
Chris Yin, CEO of Plume, commented on the announcement: “ERC-3643 offers a robust framework for institutions to tokenize real world assets without compromising compliance. By integrating it into Plume’s modular architecture, we’re not just adopting a standard—we’re expanding its utility to support the scalability and flexibility required for modern financial systems.”
Institutional-Grade Solutions for RWAfi
Plume’s modular infrastructure is designed to meet the operational requirements of regulated asset tokenization, such as scalability, compliance, and secure data handling. The integration of ERC-3643 enhances Plume’s ability to meet institutional requirements, further advancing its vision of creating a unified RWAfi ecosystem.
Dennis O’Connell, President of the ERC-3643 Association, commented: “We are thrilled to welcome Plume to the ERC3643 Association. Plume’s ambitious plans to tokenize over $1.25 billion in real-world assets underscores its commitment to lead tokenization. By adopting the ERC-3643 standard, Plume is taking an important step toward ensuring that these tokenized assets are not only compliant but also accessible, tradable, and interoperable across ecosystems. A universal standard is the only way we can achieve a truly open financial ecosystem, empowering investors with the freedom to access, trade, and utilize their assets anywhere.”
Expanding Tokenization Standards Across Ecosystems
Plume’s integration of ERC-3643 gives financial institutions and developers with a reliable framework for tokenizing assets that prioritizes compliance. The standard embeds identity verification and permissioning directly into tokens, simplifying regulatory alignment and reducing operational overhead.
Key benefits of this integration include:
- Multi-Chain Functionality: ERC-3643 enables tokenized assets to switch seamlessly across EVM-compatible networks.
- Regulatory Confidence: Compliance is built directly into token architecture, reducing the burden on developers and institutions.
- Unlocking New Use Cases: Developers can explore applications like tokenized securities, real estate, and commodities with streamlined deployment.
- Scalable Solutions: Plume’s modular infrastructure supports high throughput and efficient asset management, critical for scaling RWA solutions.
This collaboration strengthens the foundation for interoperable tokenization ecosystems, addressing a growing demand for scalable and compliant blockchain solutions in regulated markets.
For details about the ERC-3643 Association, visit erc3643.org.
About ERC-3643 Association
The ERC3643 Association is a non-profit organization uniting industry leaders to promote the adoption of the ERC-3643 standard and develop a standardized, secure, and compliant tokenization framework. By fostering collaboration and innovation, the association seeks to create a more inclusive, efficient, and secure financial landscape.
About Plume
Plume is the first fully integrated L1 modular blockchain focused on RWAfi, offering a composable, EVM-compatible environment for onboarding and managing diverse real-world assets. With 180+ projects on its private devnet, Plume provides an end-to-end tokenization engine and a network of financial infrastructure partners, simplifying asset onboarding and enabling seamless DeFi integration for RWAs.
Learn more at plumenetwork.xyz
Blockchain
NEIRO Adds Chainlink Price Feeds and Interchain Operability as Part of Meme Coin Supercycle Expansion
Dogecoin sister token NEIRO today announced new partnerships that position it to take advantage of the current meme coin supercycle, including adopting Chainlink Price Feeds on Ethereum and the integration of a Cross-Chain Interoperability Protocol (CCIP).
NEIRO has adopted Chainlink Price Feeds on Ethereum to support secure markets around its $NEIRO token. Market price feeds incorporate three layers of aggregation at the data source, node operator, and oracle network layers, providing industry-standard security and reliability on the price data referenced.
NEIRO has also integrated Cross-Chain Interoperability Protocol (CCIP) into its token to enable secure cross-chain token transfers across Base and Ethereum.
This new partnership not only represents NEIRO’s continued popularity in the community, but also gives the $NEIRO token new capabilities that allow it to take the most advantage of the current meme coin supercycle. In early November, during the first wave after the U.S. elections, $NEIRO’s token price experienced a more than 50% increase.
“NEIRO is continuing the legacy of Doge in the real and meme coin worlds. These moves really position NEIRO to take advantage of the current meme coin supercycle and emerge as one of its biggest winners” said $NEIRO spokesperson SlumDOGE Millionaire.
NEIRO continues to attract a passionate community of dog lovers, philanthropists, and crypto enthusiasts alike who share a vision of improving the lives of Shiba Inus everywhere. With over 22,000 holders and counting, the success of NEIRO is a testament to the growing demand for socially conscious investments in the crypto space. Through its NEIRO Foundation, NEIRO additionally aims to inspire more people to get involved in Shiba Inu welfare, from adopting dogs to supporting local shelters.
To learn more, please visit https://www.neirocoin.com.
About NEIRO
NEIRO is a community-driven cryptocurrency on the Ethereum blockchain, inspired by the legacy of Kabosu, the Shiba Inu behind Dogecoin. With a focus on philanthropy and a vision of global impact, NEIRO is dedicated to supporting Shiba Inu rescue efforts and creating a purpose-driven narrative within the crypto space. To learn more, please visit https://www.neirocoin.com.
Blockchain
AURUM: REVOLUTIONIZING CRYPTO ASSET MANAGEMENT WITH AI-POWERED SOLUTIONS
Aurum, the world’s first AI-powered crypto asset manager, is transforming the landscape of cryptocurrency investments. Designed for individuals and institutions, Aurum simplifies the complexities of crypto asset management through advanced AI technology, optimizing portfolios, enhancing security, and offering a robust educational platform.
As digital assets become increasingly mainstream, managing crypto investments can be challenging, especially given market volatility and security risks. Aurum provides an ecosystem of solutions that enable users to navigate these challenges with ease, scalability, and confidence.
How Aurum Simplifies Crypto Investing
At the core of Aurum’s platform are AI-driven tools that automate complex processes, allowing investors to focus on long-term growth without the need for constant oversight. Aurum’s AI solutions streamline asset management and optimize portfolios to meet evolving market conditions.
Key features include:
- Automated Management: Aurum’s AI technology simplifies portfolio management by automating tasks such as asset allocation and trade execution. This reduces the complexity and helps investors maximize their returns with minimal effort.
- AI-Trader EX for Risk Management: Our AI-Trader EX system uses advanced strategies to minimize losses and capitalize on market opportunities, ensuring more stable gains even in volatile conditions.
- Aurum Wallet for Security: Security is a top priority at Aurum. Our Aurum Wallet offers a secure Web3.0 platform with AES-256 and TLS 1.3 encryption, safeguarding your assets and data with the highest level of protection.
- Aurum Academy for Education: Education is key to mastering the crypto space. Aurum Academy provides comprehensive training for investors of all experience levels, empowering them to make informed decisions and stay ahead of market trends.
- Supportive Community: Aurum fosters a community of professionals and visionaries, encouraging collaboration and knowledge-sharing to enhance the experience of all users.
- Scalability: Aurum’s system is built for growth, allowing users to easily adapt and expand their portfolios as their investment goals evolve.
A Secure Foundation
Security is the cornerstone of Aurum’s approach. Our platform is designed with industry-leading technologies to protect your assets and personal information. Some of our key security measures include:
- Aurum Wallet: A secure Web3.0 wallet with advanced privacy settings.
- Data Encryption: Encryption standards such as AES-256 ensure your data remains safe.
- Continuous Monitoring: Our systems are monitored 24/7 to detect and mitigate potential threats.
- Modular Architecture: This structure enhances stability and reduces system vulnerabilities, ensuring the reliability of our platform.
Navigating the Investment Landscape with Aurum
In addition to managing cryptocurrency portfolios, Aurum provides a broader investment framework, enabling users to explore a range of asset classes beyond crypto. Whether it’s traditional assets like U.S. stocks, gold, or real estate, Aurum’s platform allows for a diversified investment strategy that helps reduce risk and enhance returns.
By integrating these assets into a single platform, Aurum makes it easier for investors to manage their portfolios with one comprehensive solution.
Managing Risks in Crypto Investments
Understanding and managing risks is crucial when investing in cryptocurrencies. Aurum provides several strategies to help users mitigate common risks such as market volatility, liquidity challenges, and regulatory changes. Our platform promotes smart risk management techniques like diversification, position sizing, and stop-loss orders to ensure that clients can invest with confidence.
Automated Trading: The Future of Investing
Aurum’s automated trading systems represent the next frontier in crypto asset management. Using algorithmic trading, these systems can analyze market data and execute trades on behalf of investors with unmatched speed and accuracy.
Key advantages of automated trading include:
- Speed & Precision: Trades are executed in milliseconds, responding to market shifts faster than manual efforts.
- Emotion-Free Trading: Automated systems eliminate emotional decision-making, ensuring strategies are based solely on data and analysis.
- 24/7 Operation: Crypto markets never sleep, and neither does Aurum’s trading technology, which continuously monitors opportunities for optimal performance.
- Backtesting Capabilities: Our platform allows users to test strategies against historical data before deploying them live, minimizing risk and improving outcomes.
Aurum: Leading the Future of Crypto Asset Management
Aurum’s powerful combination of AI-driven technology, secure infrastructure, and community support sets it apart as a leader in the crypto asset management industry. Whether you’re an individual investor, a financial institution, or a venture fund, Aurum’s scalable solutions help you achieve your financial goals in a secure and innovative environment.
Our commitment to empowering investors with cutting-edge technology and educational resources makes Aurum the ideal partner for navigating the complex and evolving world of digital finance.
About Aurum
Aurum is the world’s first AI-powered crypto asset manager, offering innovative solutions for individuals and institutions. Our platform provides secure and automated tools for managing cryptocurrency portfolios, backed by advanced security and educational resources to ensure financial success.
Blockchain
Virtual Assets Lab (VAL.com) Announces Next-Generation Stablecoin Management and Wallet Platform
Proven-at-Scale Technology Enhances Security, Privacy, Compliance and Incentives for Global Digital Finance
Virtual Assets Lab, AG (VAL.com) is pleased to announce the launch of its next-generation stablecoin management and wallet platform. Designed to advance digital finance, this platform offers secure, compliant, and customizable solutions for users, blockchain networks, exchanges, institutions and governments
Virtual Assets Lab’s technology has already been proven-at-scale with over $100 billion in managed transactions and more than one million mobile app installations across 180+ countries, achieving an average rating of 4.5+.
Introducing “1Currencies”
Launching symbolically on 11/11, Virtual Assets Lab (VAL.com) is excited to debut our flagship stablecoin line, “1Currencies” – a comprehensive suite of G10 currencies beginning with 1USD. With over 99% of stablecoin transactions in USD, 1USD ensures compliance and security, while offering cutting-edge features and attractive economics.
“Our vision with 1Currencies is to bring compliance, security, transparency and shared economics to stablecoins, starting with the world’s most widely used currency,” said Bill Wolf, Co-Founder of Virtual Assets Lab and former Managing Director at Goldman Sachs, HSBC and Credit Suisse. “1USD is just the beginning – each currency in the 1Currencies suite will empower users with better economics and seamless interoperability across the financial landscape.”
1USD is coming to centralized exchanges globally in 2025
Introducing “VAL Mobile App”
With the new VAL app, users gain a streamlined way to create and manage wallets, access stablecoins, and establish self-sovereign IDs (SSIs) backed by verified credentials, enhancing security and privacy. The app supports interaction with decentralized applications (dApps), exclusive marketplace offerings, and provides free hack monitoring for user assurance. Designed to bring Web3 capabilities to everyday users, the VAL app promotes greater control and confidence in digital finance.
Virtual Assets Lab’s Key Benefits:
- Proven-at-Scale: Virtual Assets Lab’s stablecoin management system has successfully handled over $100 billion in transactions and VAL’s mobile app has achieved over one million installs from users in more than 180 countries, with an average rating of 4.5+.
- Flexible Pricing with Shared Economics: Virtual Assets Lab offer flexible pricing models, lower startup costs, and yield-sharing options, making VAL an ideal partner for Layer 1 blockchain networks and exchanges seeking cost-effective stablecoin solutions.
- Support for G10 Currencies: Virtual Assets Lab’s platform supports multiple fiat currencies, including USD, EUR, JPY, GBP, CHF, CAD, AUD, NZD, SEK, and NOK, facilitating global adoption and accessibility.
- Chain-Agnostic and Exchange-Neutral Design: Virtual Assets Lab’s stablecoins are compatible with various blockchain networks and exchanges, providing flexibility and promoting financial inclusion.
- Highly Customizable & Easy to Integrate: Virtual Assets Lab’s cutting-edge platform is highly customizable, easy to integrate and offers robust support services, enabling more efficient onboarding and ongoing management.
Virtual Assets Lab’s Trust Layer:
- Compliant & Licensed: Virtual Assets Lab are licensed and registered across various jurisdictions including; VQF (Switzerland ), EMI* (Europe ), VASP (Europe) & AUSTRAC (Australia).
- Secure and privacy-first: Virtual Assets Lab’s stablecoin platform is partnered with trusted custodians and utilizes secure back-end cross chain transferability and high security. Virtual Assets Lab’s mobile app wallet technology is SOC II compliant and leverages self-sovereign identity (SSI) and reusable, verified credentials (VCs) for added security and privacy.
- Transparent: Virtual Assets Lab offer full transparency by publishing third party, real-time attestations, legally attesting to the balances held backing “1USD” cross-referenced against ” 1USD” balances on chain.
About Virtual Assets Lab (VAL.com)
Virtual Assets Lab (VAL.com) is a digital finance infrastructure provider specializing in stablecoin management and wallet solutions. With a team of seasoned professionals experienced in web3 and crypto projects, leading consumer and enterprise technology, finance, and compliance, VAL is dedicated to supporting the global transition to digital finance.
Blockchain
Hyperbridge Launches its Mainnet on Polkadot, Unlocking Secure, Scalable Cross-Chain Communication
Hyperbridge Launches on Polkadot with Support for Ethereum, Optimism, BNB Chain, and More
Hyperbridge, the highly anticipated blockchain interoperability protocol, has officially launched, unlocking new possibilities for seamless cross-chain communication. Following its $2.5 million seed funding led by the Web3 Foundation and Scytale Digital, Hyperbridge now brings its groundbreaking technology to users, delivering secure, scalable, and verifiable cross-chain solutions across multiple blockchains. Hyperbridge launches with native support for Ethereum, Optimism, Arbitrum, Base, BNB Chain, and Gnosis.
The journey to Hyperbridge’s launch has been thorough, with the project completing two testnet cycles. During these cycles:
- 600,000+ cross-chain messages were processed across supported networks.
- 66 independent relayers joined to facilitate message transfer across chains, validating the robustness of the network.
This extensive testing ensures a smooth mainnet experience, with Hyperbridge now equipped to provide unmatched cross-chain messaging and liquidity solutions.
At launch, Hyperbridge introduces a token bridge for asset transfers: Gateway, arbitrary message passing, and state queries across multiple ecosystems. Gateway offers:
- High security and finality guarantees, displacing traditional multisig-based authentication with zk-proofs and on-chain finality validation.
- Instant access to multichain liquidity, unlocking new DeFi use cases for DAOs, stablecoins, and real-world assets.
Security remains paramount to Hyperbridge’s design, addressing challenges faced by conventional multisig bridges that have previously resulted in over $2 billion in exploits. Hyperbridge leverages zk-light clients and storage proofs to authenticate messages, ensuring a security model equivalent to the blockchains it connects.
“Bridges are only as strong as their authentication mechanisms,” said Seun Lanlege, founder of Polytope Labs, the developers of Hyperbridge. “By leveraging finality-based authentication and eliminating multisig committees, Hyperbridge offers unmatched security, allowing developers to build the next generation of decentralized applications with confidence.”
Hyperbridge enables developers to launch cross-chain applications from day one, supporting use cases such as:
- Non-custodial native bridges for unified liquidity pools.
- Cross-chain intents to facilitate seamless token interactions.
- Multichain expansion for stablecoins, real-world assets, and DAO governance tokens.
As blockchain adoption accelerates, interoperability becomes even more critical. Hyperbridge aims to be at the forefront of this shift, offering developers and projects a reliable, secure, and scalable cross-chain infrastructure that opens new frontiers for DeFi, DAOs, and on-chain finance.
About Hyperbridge
Hyperbridge is a cryptoeconomic coprocessor for secure, verifiable interoperability powered by consensus and storage proofs. Hyperbridge is the HTTPS of blockchain interoperability, providing developers with onchain and off-chain SDKs for securely sending cross-chain messages (POST requests) and reading on-chain storage (GET requests).
About Polytope Labs
Polytope Labs is a collective of researchers and engineers founded by core developers of Ethereum, Polkadot, and IBC. We’re focused on addressing fundamental infrastructure problems that continue to hold back the crypto industry, such as interoperability, scalability, and privacy. We firmly believe that Web3 is the next evolutionary step of the internet, and we are fully committed to advancing truly decentralized technologies.
About Polkadot
Polkadot is the powerful, secure core of Web3, providing a shared foundation that unites some of the world’s most transformative apps and blockchains. Polkadot offers advanced modular architecture that allows devs to easily design and build their own specialized blockchain projects, pooled security that ensures the same high standard for secure block production across all connected chains and apps connected to it, and robust governance that ensures a transparent system where everyone has say in shaping the blockchain ecosystem for growth and sustainability. With Polkadot, users are not just participants, they’re co-creators with the power to shape its future.
Blockchain
Nium and Partior Partner on Real-Time, Cross-Border Payments, Clearing and Settlement
Nium, the leading global infrastructure for real-time cross-border payments, today announced a partnership with Partior, the blockchain-based fintech for clearing and settlement at the Singapore Fintech Festival 2024. The partnership makes Nium the first fintech payment service provider (PSP) on the Partior network. Financial institutions will be able to connect with Nium via Partior for 24×7, transparent, real-time payouts, clearing, and settlement to over 100 markets worldwide. Importantly, the connection will require no additional API integration work, streamlining what historically took months of resource-intensive work.
This new partnership builds on Nium’s recent strategy to connect more networks to its real-time payments’ infrastructure. By joining the Partior network, Nium is extending its connectivity to one of the most innovative networks in the industry. Partior’s blockchain-powered platform effectively resolves longstanding inefficiencies in global payments, such as settlement delays, high costs, and limited transaction transparency. In today’s global landscape, where companies operate around the clock, effective liquidity management is essential for both corporate and financial institutions. This collaboration allows Nium to offer its clients the ability to execute real-time multi-currency payments and Payments versus Payments (PvP) settlements, further simplifying access to its global payments network.
“Nium’s partnership with Partior brings us closer to becoming the most connected payments network globally. By integrating with advanced networks, such as Partior, we are ensuring that financial institutions can quickly and easily access our real-time payments infrastructure without the need for complex technical integrations,” said Alexandra Johnson, Chief Payments Officer at Nium. “Recognizing how resource-constrained financial institutions are, we’re eliminating barriers to using our network and increasing interoperability to deliver on our mission of having seamless and streamlined real-time payments to anyone, anywhere.”
Humphrey Valenbreder, Chief Executive Officer at Partior said, “Partnering with Nium marks a significant step in our journey to further advance the global payments landscape. By combining Partior’s real-time blockchain settlement network with Nium’s vast global reach, we’re empowering financial institutions to break down long-standing barriers. Imagine a world where cross-border payments are instantaneous, transparent, and accessible to all. This is the future we’re building together.”
As part of its continued expansion, Nium’s partnership with Partior enhances its ability to facilitate frictionless global transactions and unlock new services such as intra-day FX swaps, cross-currency repos, programmable enterprise liquidity management, and Just-in-Time multi-bank payments for financial institutions worldwide.
Nium’s growing network, supported by these strategic partnerships, is setting a new standard for how financial institutions can access and benefit from global payments, paving the way for a more efficient and transparent financial ecosystem.
About Nium
Nium, the leading global infrastructure for real-time cross-border payments, was founded on the mission to deliver the global payments infrastructure of tomorrow, today. With the onset of the global economy, its payments infrastructure is shaping how banks, fintechs, and businesses everywhere collect, convert, and disburse funds instantly across borders. Its payout network supports 100 currencies and spans 220+ markets, 100 of which in real-time. Funds can be disbursed to accounts, wallets, and cards and collected locally in 40 markets. Nium’s growing card issuance business is already available in 34 countries. Nium holds regulatory licenses and authorizations in more than 40 countries, enabling seamless onboarding, rapid integration, and compliance – independent of geography. The company is co-headquartered in San Francisco and Singapore.
About Partior
Partior, the blockchain-based fintech for clearing and settlement, is redefining the way value moves globally. Founded in 2021, Partior is backed by founding shareholders DBS, J.P. Morgan, Standard Chartered, and Temasek, and Series B lead investor Peak XV. Partior is addressing the operating inefficiencies experienced by industry players, including settlement delays, limited transaction transparency and high operating costs, and facilitates the movement of liquidity for financial institutions and their customers. Its network offers real-time multi-currency payments, and Payments versus Payments (PvP) settlement. Additionally, it is exploring new services including Intra-day swaps, Delivery versus Payments (DvP) settlement and enterprise solutions.
Blockchain
SingularityDAO Approves Merger With Cogito Finance and SelfKey Following SDAO Community Vote
SingularityDAO has concluded a community vote to determine its proposed merger with Cogito Finance and SelfKey. SDAO holders voted overwhelmingly in favour of the merger, enabling SingularityDAO to press ahead with plans to form Singularity Finance, an EVM Layer 2 for tokenising the AI economy.
The proposal to merge with Cogito Finance and SelfKey and combine technologies to create Singularity Finance was put to SDAO holders via Snapshot, the popular governance framework. More than 15M SDAO were used in the voting process with 94.78% of the tokens utilised approving the merger.
SingularityDAO Co-Founder Mario Casiraghi said: “We’re grateful to all SDAO holders for participating in this pivotal governance vote and having their say on the future of SingularityDAO. With their approval, we will now move ahead with the proposal to create Singularity Finance as an L2 that combines the best elements of SingularityDAO with those of our partners SelfKey and Cogito Finance to accelerate DeFi and AI innovation.”
Following the governance vote, SingularityDAO is poised to proceed with the merger pending an imminent community vote on behalf of KEY holders that will determine SelfKey’s position. The creation of Singularity Finance would enable the three projects to align to develop solutions across all stages of the Artificial Intelligence (AI) value chain.
Singularity Finance has been conceived with the goal of supporting an array of AI-driven financial services including RWA tokenisation and onchain identity management. Through positioning itself as a leader in the rapidly growing AI economy, the Layer 2 will attract developers and users seeking to gain exposure to the new use cases and assets the industry supports.
Cloris Chen, CEO of Cogito Finance, shared in a quote: “The overwhelming community support for the SFI merger is a powerful testament to the shared vision we have for the future of finance. By combining our expertise and technologies, we are poised to unlock unprecedented opportunities at the intersection of AI and DeFi. Singularity Finance will be a leading force in driving innovation and accessibility in this dynamic landscape, empowering individuals and institutions alike.”
The existing AI-powered portfolio management services SingularityDAO currently provides will be enhanced by the incorporation of compliance and RWA tokenisation solutions courtesy of SelfKey and Cogito Finance respectively. This will include financial tools that enhance and automate analysis, portfolio, and risk management leveraging SingularityDAO’s AI-driven DynaVaults and other technologies.
The proposed merger will see a leadership council for Singularity Finance established to oversee operations of the newly merged financial ecosystem. The council will be led by Dr. Ben Goertzel, CEO of SingularityNET and the Artificial Superintelligence Alliance; Cloris Chen, CEO of Cogito Finance; and Mario Casiraghi, CFO of SingularityNET and Co-Founder of SingularityDAO.
About SingularityDAO
SingularityDAO is a decentralised Portfolio Management Protocol designed to democratise access to sophisticated crypto asset management tools. The upcoming DynaVaults, multi-asset, multistrategy vaults leveraging AI-enhanced analytics and risk management tools, provide the much needed infrastructure in the volatile world of DeFi.
Learn more: https://singularitydao.ai/
Blockchain
Solv Strengthens Core Blockchain with Its Addition as a New Validator
The Core Foundation, the entity committed to growing Core’s leading BTCfi ecosystem, has announced the addition of Solv to its validator set, a significant step in enhancing the security and decentralization of the Core blockchain ecosystem. The move comes as the network continues to expand its footprint in the Bitcoin staking and BTCfi space.
Validators on the Core blockchain play a crucial role in maintaining the integrity of the network. They validate transactions, produce new blocks, and ensure that the blockchain adheres to its rules and protocols. Solv, the leading Bitcoin Staking Platform, will now help safeguard the Core ecosystem. Their election as validators underscores Core’s commitment to building a robust and secure network.
This addition comes as Solv has recently announced that it has successfully raised $11 million at $200 Valuation, bringing its total funding to $25 million. The new capital will fuel the expansion of their Staking Abstraction Layer (SAL), advocating to drive mass adoption of Bitcoin Staking. The round included Nomura subsidiary Laser Digital, Blockchain Capita, OKX Ventures, and Core Ventures, the strategic venture arm of the Core blockchain. Solv Protocol’s SolvBTC product has more than 20,000 BTC staked ($1.3 billion) deployed across 10 major blockchain networks. More recently in early October, Core and Solv joined forces to launch SolvBTC.CORE, a Liquid Staking Token for Bitcoin, where 500 SolvBTC were staked to SolvBTC.CORE in under 2 hours. Contributing to this traction is Core Ignition Drop, an incentive platform where participants can further enhance their yields through DeFi activities.
“At Solv, we are thrilled to join forces with Core as a validator and to contribute to securing the next wave of Bitcoin innovation. With SolvBTC.CORE, we enable users to stake their Bitcoin and earn real yields, while keeping full liquidity and tap into DeFi applications. Our Staking Abstraction Layer (SAL) simplifies and standardizes Bitcoin staking. SolvBTC.CORE is one of the first products introduced within the SAL framework, serving as a testament to our mission of making Bitcoin staking more accessible to everyone,” said Ryan Chow, Co-founder & CEO of Solv Protocol.
Core’s unique approach to security combines Bitcoin’s mining power with an Ethereum-compatible blockchain infrastructure. Around 55% of Bitcoin’s mining hash power contributes to securing Core, which operates using the Satoshi Plus consensus mechanism—an innovative model that merges Delegated Proof of Work (DPoW) with Delegated Proof of Stake (DPoS). This allows Core to benefit from Bitcoin’s established security while supporting smart contract execution and decentralized applications.
The validators’ role goes beyond just security. Through an epoch-based election cycle, validators like Solv are elected based on the Bitcoin and CORE tokens staked in their favor, as well as the Bitcoin hash power delegated to them. Validators are rewarded for their efforts and share these rewards with delegators who stake CORE tokens or contribute hash power.
With the addition of Solv, Core aims to further decentralize its network while increasing the trust and stability of the blockchain. As Core continues to grow, these collaborations highlight the increasing confidence in the network’s security model, attracting both institutional and individual participants.
Core launched Non Custodial Bitcoin staking in April 2024, allowing users to earn a risk-free return by locking their Bitcoin in time-locked contracts, without giving up custody. This product has seen significant adoption, with nearly 5,000 Bitcoin staked, as it provides an opportunity for Bitcoin holders to generate yield without additional risks. Furthermore, the BTCfi ecosystem on Core is already growing, with over 400 million dollars in TVL and more than 80,000 daily active users. Core’s ecosystem supports DeFi applications, staking, payments, gaming, NFTs and more, all built on Bitcoin’s secure foundation.
This latest development marks an important milestone for Core as it seeks to strengthen its position as a Bitcoin-aligned, secure blockchain platform.
About Core
Core serves as the Proof of Stake layer for Bitcoin as the first enabler of Self-Custodial Bitcoin Staking, which secures a fully EVM-compatible BTCfi ecosystem. Since April 2024, over 6,000 BTC valued at more than $394 million have been staked with Core, enhancing Bitcoin’s utility and security.
Core is the most Bitcoin-aligned EVM blockchain with ~55% of Bitcoin mining hash power contributing to the network’s security. This breakthrough has amassed millions of Core adopters – over 22.5M unique addresses, 292M+ transactions, and over 444M TVL since its mainnet launch in January 2023.
Blockchain
Chainlink Data Streams Is Now Live on opBNB To Power Secure DeFi Markets on the Optimized Layer-2 Solution
Chainlink, the industry-standard decentralized computing platform, and BNB Chain, a community-driven blockchain ecosystem of Layer-1 and Layer-2 scaling solutions, announced today that Chainlink Data Streams, the all-in-one data solution for the DeFi market, is now live on opBNB, a high-performance layer 2 solution, with KiloEx, a decentralized perpetual exchange as a launch user for Data Streams on opBNB to help power their decentralized perpetuals.
opBNB is a layer-2 scaling solution for BNB Chain. It enhances scalability by offloading transaction processing and resource usage from BNB Chain while posting data to mainnet. Users can easily deposit funds from BNB Chain to opBNB, allowing them to interact with various applications and smart contracts on the network. The sequencer aggregates transactions, computes state transitions, and submits them to the rollup contract on BNB Chain, while provers generate cryptographic proofs to verify these transitions. opBNB can support up to 5,000-10,000 transactions per second (TPS).
“Chainlink Data Streams will significantly enhance the capabilities of high-performance DeFi applications on our optimized layer-2 solution. Data Streams’ low-latency delivery of market data, coupled with its battle-tested infrastructure, made it an obvious choice for the opBNB ecosystem.”—Marwan Kawadri, Head of EMEA, BNB Chain.
BNB Chain adopted Chainlink Data Streams as its preferred low-latency oracle solution for opBNB because it supplies premium high-frequency market data using proven Chainlink infrastructure. Not only does Data Streams deliver unmatched functionality—with advanced features such as liquidity-weighted bid-ask spreads and sub-second execution speed—but it does so without compromising on transparency and decentralization.
“We’re excited to see Chainlink Data Streams integrated on opBNB, as this will significantly increase the security and reliability of high-performance DeFi apps on the layer-2 network.”—Thodoris Karakostas, Head of Blockchain Partnerships at Chainlink Labs.
“We’re excited to have opBNB adopt the ultra-low-latency Chainlink Data Streams to bring highly accurate and reliable price information to the BNB Chain layer-2 solution. KiloEx is integrating this sub-second data to power our perpetuals and facilitate accurate and timely liquidations.”—Joey, Kiloex Founder.
If you’d like a deep dive into how Chainlink Data Streams works, read Chainlink’s blog post. If you’re a developer and want to start building with Chainlink Data Streams, check out the developer docs.
About Chainlink
Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $16 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link.
About BNB Chain
BNB Chain is a community-driven blockchain ecosystem that is removing barriers to Web3 adoption. It is composed of:
- BNB Smart Chain (BSC): A secure DeFi hub with the lowest gas fees of any EVM-compatible L1; serves as the ecosystem’s governance chain.
- opBNB: A scalability L2 that delivers some of the lowest gas fees of any L2 and rapid processing speeds.
- BNB Greenfield: Meets decentralized storage needs for the ecosystem and lets users establish their own data marketplaces.
Setting a high bar for security, the AvengerDAO community protects BNB Chain users while Red Alarm provides a real-time risk-scanner for Dapps. The ecosystem also offers a range of monetary and ecosystem rewards as part of its Builder Support Program.
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