Latest news with #Bithumb
Business Insider
4 hours ago
- Business
- Business Insider
Caldera Launches ERA Force One to Strengthen On-Chain Tokenholder Community
San Francisco, United States, August 13th, 2025, Chainwire Caldera today announced the launch of ERA Force One, a new community platform created to provide $ERA token holders with status and direct access to the team and fellow strategists. Inspired by the "Air Force One" moniker, the program establishes a tiered community structure where members earn ranks based on the official U.S. Air Force progression. A member's rank, which is determined by their total token and staked token balance, dictates their level of access and community standing. Building a Unified Community ERA Force One represents a significant step forward in community building for Caldera's ecosystem. The platform introduces a ranking system where users progress from "Airman Basic" to "General" based on the sum of their ERA token holdings and staked positions. This merit-based structure ensures that the most committed community members receive appropriate recognition and access to premium benefits. "Our community is the backbone of Caldera, and ERA Force One is our way of recognizing their conviction," said a spokesperson for Caldera. "We're adopting the official Air Force ranks to create a structured and familiar path for advancement. We want our most dedicated holders, our 'Generals' and 'Colonels', helping us shape our strategic direction." Exclusive Access and Future Rewards Members of ERA Force One gain access to exclusive communities for networking and strategy. Top-tier members, such as those who achieve the ranks of General, Brigadier General, and Colonel, are granted entry into private Telegram groups for direct communication with the team and fellow strategists. This platform serves as a direct channel between the project and its most committed stakeholders, ensuring community voices are central to future governance and development initiatives. Beyond immediate community access, ERA Force One members may be eligible for future initiatives and potential rewards. Specific details of upcoming programs remain under development. Seamless Registration Process Community members can register for ERA Force One through the dedicated platform at The registration process automatically calculates users' combined token holdings and staked positions to assign appropriate ranks within the community hierarchy. Supporting Caldera's Growing Ecosystem The launch of ERA Force One comes as Caldera continues to expand its influence in the blockchain infrastructure space after a successful launch of the $ERA token, which is listed on top-tier exchange venues such as Binance, Bybit, Coinbase, Upbit, Bitget, and Bithumb. The community platform aligns with Caldera's broader mission of building sustainable, engaged ecosystems around its technology offerings. By creating structured incentives for token holders, ERA Force One strengthens the project's relationship with its community while establishing a framework for future governance and participation initiatives. About Caldera Caldera is a leading provider of rollup infrastructure solutions, making it easy for developers and organizations to deploy and manage high-performance blockchain rollups. Based in San Francisco and operating as Constellation Labs dba Caldera, the company is committed to advancing blockchain scalability and accessibility through innovative infrastructure solutions. Official Website | X | Telegram | LinkedIn Contact CEO Caldera
Business Insider
6 days ago
- Business
- Business Insider
Korea Blockchain Week 2025: Hollywood Stars, NBA Champions, and Blockchain Visionaries Unite at KBW2025: IMPACT Conference
T.J. Miller, Tristan Thompson, and Global Blockchain Leaders Headline Asia's Premier Web3 Event Korea Blockchain Week 2025 (KBW2025), Asia's largest Web3 gathering, today revealed an impressive lineup of speakers for its flagship KBW2025: IMPACT conference. Hosted & organized by FACTBLOCK and co-hosted by Bithumb, KBW2025: IMPACT, will feature renowned Hollywood talent, sports icons, senior government officials, and blockchain pioneers. Headlining the conference are blockchain leaders Charles Hoskinson, founder of Cardano, and Justin Sun, founder of TRON, joined by Jeff Yan, CEO of Hyperliquid. Contributing to the event's global resonance are actor and Bitcoin supporter T.J. Miller, NBA champion and Web3 investor Tristan Thompson, and Bilal Bin Saqib, Pakistan's inaugural virtual assets official and head of the Pakistan Crypto Council. The lineup will also feature Frank McCourt, founder of Project Liberty and AI entrepreneur Matt Wright. 'KBW2025: IMPACT will be the most powerful nexus of technology, culture, and global capital,' said Seonik Jeon, CEO of FACTBLOCK and Founder of Korea Blockchain Week. 'We're thrilled to welcome global leaders to Seoul to showcase how blockchain's potential is becoming reality.' KBW2025: IMPACT will spotlight significant industrial and cultural applications of blockchain and Web3, further positioning Seoul as a leading global hub for innovation and investment. Attendees will benefit from unparalleled networking opportunities, immersive side events, and exclusive cultural experiences. 'We're honored to co-host Asia's premier blockchain event,' said a spokesperson from Bithumb. 'Through KBW2025, we aim to foster a robust digital asset ecosystem and solidify Korea's reputation as a global leader in Web3.' Taking place from September 22–28 across Seoul, with the main KBW2025: IMPACT on September 23–24 at the Walkerhill Hotel & Resort. In addition to previously announced sponsors American Bitcoin, peaq, Hack VC, and GAIA, KBW2025 welcomes two additional title sponsors, Spacecoin and DogeOS, alongside official conference partners Sui, Stable, and 0G. Korea Blockchain Week (KBW), founded by FACTBLOCK in 2018, is an annual Web3 festival held in Seoul, South Korea. It serves as a premier conference for blockchain and Web3 leaders to discuss industry trends, network, and exchange knowledge. As one of the crypto industry's longest-running events, KBW is a cherished institution that welcomes thousands of delegates for a week of conferences interspersed with cultural and networking events. Learn more: About FACTBLOCK Director of FACTBLOCK Youngil Jung
Korea Herald
05-08-2025
- Business
- Korea Herald
Korea's first won-pegged digital token debuts in test by fanC
South Korea's first won-pegged stablecoin was test-launched Tuesday by fanC, the developer and issuer of the namesake digital token, in partnership with local financial software firm Initech, marking a key step toward the adoption of won-denominated stablecoins. Named KRWIN, the stablecoin is pegged one-to-one to the Korean won. It is the first time a private entity has issued a won-based digital asset with potential use in the real economy. According to fanC, the release is a demo launch to test KRWIN's technical feasibility, including transferability and practical applications. Circulation will be limited to a group of internally selected members and affiliated platforms for evaluation. Once officially launched, KRWIN is expected to be used across sectors such as payments, global remittances and tourism, positioning itself at the forefront of Web3 payment innovation. 'This test issuance marks a significant first step in building a practical foundation for stablecoin adoption by combining financial security with blockchain technology,' said Lee Dong-ho, representative of fanC. 'KRWIN will establish itself as a leading private model driving future demand for won-denominated digital assets." The fanC token was originally developed and issued by digital content platform operator Celebe, which has gained popularity across East Asia. Celebe advanced its crypto initiative by launching the fanC project, along with the corporate entity behind it, with the goal of developing a won-based digital asset and building an ecosystem where it can function as a real-world currency. The initiative targets both online use cases, such as e-commerce and content consumption, as well as offline payments by foreign visitors in Korea. Last month, fanC filed trademark applications for KRWIN and associated technologies with the Korean Intellectual Property Office. As fanC makes tangible progress, other players across Korea's crypto and fintech sectors are also rushing to lay the groundwork for stablecoin ventures, despite the lack of a clear regulatory framework. On Tuesday, officials from crypto exchange Bithumb and fintech giant Viva Republica, operator of the mobile app Toss, told The Korea Herald that they are reviewing a potential partnership for a future stablecoin business. Both parties confirmed that talks are in progress, though 'nothing has been decided.' 'The stablecoin business is still in its early stages, both in terms of industry development and regulation. As of now, we don't even know who will be allowed to issue or distribute them,' a Viva Republica official said. 'So discussions around partnerships also remain largely undecided. As a fintech company, we're preparing to participate once the regulatory framework is in place.' An industry source noted that the talks were initiated by Viva Republica, which also confirmed that Bithumb is among several companies it is in discussions with for similar collaborations. If the Bithumb–Toss partnership materializes, it could rival a recent collaboration between Dunamu, the operator of Korea's largest crypto exchange Upbit, and NaverPay, the digital finance arm of IT giant Naver. Under that deal, NaverPay is expected to lead development and issuance of won-pegged stablecoins, while Dunamu would oversee distribution and infrastructure. That partnership came on the heels of a wave of stablecoin-related trademark applications filed by local financial and fintech firms, signaling growing interest in the space. Despite growing momentum in the private sector, regulation remains in its early stages. Lawmakers have only recently begun introducing bills to establish legal frameworks for stablecoin activity, including capital and eligibility requirements for issuers.
Yahoo
16-07-2025
- Business
- Yahoo
BNB Chain News: $1 Billion BNB Burned as Meme Coins Explode
TL;DR: Crypto market rally: Bitcoin hits ATH, altcoins outperform, BNB Chain mcap is up. BNB Chain leads L1 trading volume; TVL up; meme coins dominate top performers. Ecosystem growth: 100+ tokenized RWAs coming to BNB Chain, BNB Treasury IPO plan, ERA airdrop. The market is hot this week, seeing an almost across-the-board recovery among most sectors. Bitcoin (BTC) tagged a new all-time high, and altcoins are beginning to show signs of outperformance as Bitcoin's dominance slips. With that in mind, here's how the BNB Chain sector shaped up this week👇 BNB Chain Market Recap Following its recent recovery, the BNB Chain sector put on a further show of strength this week, boosting its market capitalization (mcap) by 9% to reach $193 billion. Source: Top BNB Chain Tokens The majority of popular BEP-20 assets are in the green this week, with some of the best performers gaining upwards of 50%. BNB (BNB) is now closing in on $700 after gaining 5% week-on-week while the sector is just inches away from its highest-ever mcap. Some of this week's best performers include: Hyperlane (HYPER): +244.2% (dual listings on Upbit and Bithumb) CROSS (CROSS): +156.2% Osaka Protocol (OSAK): +93.2% 1inch Network (1INCH): +70.1% MemeCore (M): +69.3% (continued momentum from multi-exchange listing) Meme coins currently dominate the top list. On the flip side, the list of worst performers is comprised of low float/high FDV projects and meme coins, including: Banana For Scale (BANANAS31): -59.9% Lagrange (LA): -44.8% Cheelee (CHEEL): -18.4% (large supply unlock) Subsquid (SQD): -16.1% Humanity Protocol (H): -8.3% BNB Chain continues to lead the L1 space in terms of on-chain trading activity, regularly clocking in more than $10 billion in DEX trading volume—more than all other L1s combined. Meanwhile, the chain is neck-and-neck with Tron when it comes to stablecoin transfer value, with both vying for second place behind Ethereum. Source: DefiLlama The platform saw a respectable 7.6% increase in total value locked (TVL) this week, largely driven by the growth of Lista DAO, which is now closing in on Venus as the platform's largest lending market. BNB Chain News Roundup The BNB Chain ecosystem continued showing signs of fundamental growth this week, with several major announcements and updates helping to fuel the sector's recent success. Some of this week's most significant updates include: Ondo Finance Brings 100+ Tokenized RWAs: BNB Chain has integrated Ondo Finance, giving users on-chain access to more than 100 tokenized U.S. stocks, ETFs, and funds, greatly widening the ecosystem's regulated real-world asset menu. U.S.-Listed BNB Treasury Firm Planned: YZi Labs and 10X Capital unveiled a 'BNB Treasury Company' that will buy and hold BNB and seek a U.S. IPO, offering institutions equity-style exposure to BNB Chain growth. Caldera (ERA) Airdrop & Listing: Binance named Caldera (ERA) the 27th HODLer Airdrop project; the modular roll-up issues on BNB Chain and Ethereum and is set to start trading on July 17, with 20 million ERA going to BNB stakers. 32nd BNB Auto-Burn Removes $1 Billion: BNB Chain executed its 32nd quarterly auto-burn on July 10, permanently eliminating 1,595,599 BNB (≈ $1.02 billion) and moving the circulating supply closer to the 100 million-BNB target. >> See you next week for another dose of BNB Chain news, updates, and analyses.
Arabian Post
26-06-2025
- Business
- Arabian Post
Fairness Redefined: Magic Newton Unveils NEWT Token
The Magic Newton Foundation has unveiled its NEWT token, aiming to revolutionise token launches by embedding transparency and equitable distribution at its core. The native token of the Newton Protocol, NEWT debuts with a fixed supply of 1 billion, of which 21.5%—215 million tokens—is initially available. Designed to tackle persistent issues of insider trading and opaque allocations, NEWT introduces several industry-first safeguards. All allocations are publicly tagged on-chain for independent verification, while quarterly reports will detail usage across community, internal, and liquidity categories. Furthermore, team and contributor allocations are subject to a mandatory 36-month vesting with an initial 12-month lock-up. Solid data underpins the initiative: research indicates insiders preceded 56% of all ERC‑20 listings since 2021, and studies suggest 10–25% of token listings may involve insider activity. Mohammad Akhavannik, Managing Director of the Foundation, said the goal is to 'correct information asymmetry' with full on-chain transparency and equitable distribution. ADVERTISEMENT A significant 60% of the token supply is allocated to community-focused initiatives—growth, ecosystem development, staking, liquidity support—with structured unlocking schedules: 20% at launch, the balance over a 48-month span. The remaining 40% is directed to internal stakeholders—core contributors, early backers, and Magic Labs—with vesting periods designed to align long-term incentives. Beyond tokenomics, NEWT underpins the Newton Protocol's AI-driven automation. It serves four primary roles: securing the network through validator staking; acting as the protocol's native gas fee; funding registration and operational services for AI agent models; and enabling governance participation via staked holdings. The protocol integrates trusted execution environments and zero-knowledge proofs to ensure tasks executed by AI agents adhere to user-defined parameters. Binance has listed NEWT for margin, futures trading, and inclusion in Earn programmes. The token also features on Coinbase, Upbit, Bybit, and Bithumb. Following the announcements from Upbit and Bithumb, NEWT saw a 40% price surge, which was further bolstered by backing from PayPal Ventures and Polygon securing US$90 million in pre-launch investment. The launch included a 10% airdrop—100 million tokens—to early community participants and users active on the Kaito platform, including a 0.9% allocation specifically for Kaito rewards, based on an eligibility snapshot on 20 June 2025. Magic Labs, the principal developer behind Newton Protocol, brings extensive web3 infrastructure experience, having supported over 50 million embedded wallets since 2018 through partnerships with notable platforms such as Polymarket and WalletConnect. This technical legacy, combined with NEWT's layered governance and economic utility, positions the Foundation to challenge established norms in on‑chain finance. Critical voices within the crypto community have noted discrepancies in the top-tier distribution: for example, the top 1,000 social‑platform accounts received 0.9% of the circulating tokens, prompting debate over whether influence is being prioritised over grassroots contributors.
