Latest news with #NAVI
Business Insider
4 days ago
- Business
- Business Insider
Volo Launches BTC Vaults
Volo, a leading liquid staking protocol on Sui, today announced the launch of Volo wBTC Vault, a DeFi product designed to unlock the Bitcoin liquidity within Sui's ecosystem. The vault leverages wBTC and integrates with NAVI Protocol's deep liquidity to deliver seamless, high-yield DeFi strategies with one-click accessibility on Sui. With over 1,000 BTC in liquidity already on Sui, Volo's initiative strengthens the network's position as a Bitcoin DeFi Layer. Integrating with NAVI's robust lending pools, Volo ensures users can access high-yield opportunities with minimal friction. This allows Volo to offer complex DeFi strategies, such as automated yield optimization and leveraged positions, through a one-click interface, prioritizing ease of use and accessibility. As Bitcoin-backed finance gains momentum, Volo's innovative vaults enable users to maximize the utility of wBTC. This launch marks another step in expanding Sui's role as a DeFi hub, offering users new ways to engage with Bitcoin in a high-performance, secure environment. Volo has established itself as a cornerstone of Sui's DeFi landscape, with its liquid staking token, vSUI, boasting TVL of $50 million. Audited by Ottersec, Movebit, and Hacken, Volo's platform also ensures security and reliability. 'BTCfi on Sui transforms Bitcoin from a static asset into a dynamic, programmable force, unlocking unparalleled opportunities for users,' says Ben Liu, Volo lead. Incubated by NAVI Labs, with investments from OKX Ventures, Hashed, dao5, Volo has enabled users to stake SUI while maintaining liquidity, empowering millions to participate in DeFi. The rise of BTCfi has propelled Sui forward, with over 10% of its TVL in BTC liquidity now integrated into the network. Sui's native bridge and validator-secured infrastructure position it as a leading Layer for Bitcoin, offering fast, low-cost transactions without compromising decentralization. Volo's wBTC Vaults align with this, enabling users to leverage Bitcoin's $1.6 trillion market in DeFi applications. 'NAVI's scalable infrastructure makes it the ideal home for BTCfi, enabling Volo to deliver intuitive, high-yield solutions that empower every user,' says Elliscope Fang, NAVI co-founder. Shortly, Volo plans to expand its vault offerings further to include other BTC variants, stablecoins, and altcoins that improve user capital efficiency and DeFi experience. Volo is a multi-asset liquid staking solution that helps users maximize utility and liquidity for SUI by offering vSUI. Its Volo Hub is a suite of products designed around the utility of the liquid staking DeFi platform token voloSUI, and additional products made to enhance the general user experience on SUI. Its primary focus is to allow users to stake their SUI tokens while maintaining liquidity. Through Volo's liquid staking protocol, users can stake their SUI tokens and receive liquid staking tokens (vSUI) in return. Contact
Fast Company
02-07-2025
- Business
- Fast Company
Why test observability is critical for enterprise-scale testing
As organizations grow and embrace digital transformation, their software systems are becoming more complex than ever. With innovation moving at breakneck speed, enterprises are now rolling out updates multiple times a day—sometimes even within minutes. Large enterprises like Amazon and Netflix are pushing changes in real time, exceeding 100 changes daily and raising the bar for software development. This shift—especially with the rise of cloud-native and microservices-based architectures—has made traditional monitoring tools less effective. As enterprises migrate to more dynamic architectures—leveraging microservices, containers, and serverless computing—their need for comprehensive observability becomes even more critical. The observability market is projected to reach $2.75 billion by 2025 and $4.38 billion by 2030. Traditionally, teams relied heavily on test monitoring. However, test monitoring often falls short in pre-release environments, where failures demand deeper diagnostic insights. Test observability transforms the traditional testing process and addresses real-time performance across complex systems. This allows enterprises to quickly detect and resolve issues, enhance efficiency, and reduce costs. In fact, 79% of organizations with centralized observability are saving more time and money. It also supports faster time-to-market by accommodating major architectural shifts and ensuring organizations stay agile in the face of ever-evolving technological demands. NAVIGATING OBSTACLES IN ENTERPRISE TEST OBSERVABILITY ADOPTION Adopting test observability at an enterprise level comes with its own set of challenges: Cost Control: Implementing test observability tools might be considered an overhead expense. While the initial costs can be high, the potential long-term benefits justify the investment in improving testing efficiency and reducing maintenance costs. Fragmented Test Infrastructure: Test environments spread across on-premises, cloud, and hybrid systems, along with fragmented infrastructure using multiple tools for different testing types, make it challenging to correlate and monitor results, leading to incomplete or inaccurate insights. High Complexity Of Implementation: Integrating test observability tools into CI/CD pipelines and infrastructure can be complex and require extensive configuration to align with processes. Alert Fatigue: Information overload may lead to alert fatigue from the excessive notifications generated during testing, which may cause missed issues and burnout. AI -native testing capabilities can help reduce noise by limiting alerts to highlight critical issues only. Skills Gaps And Complexity: Many organizations struggle to effectively utilize test observability tools due to a lack of expertise. WHY ENTERPRISES MUST PRIORITIZE TEST OBSERVABILITY IN A DIGITAL-FIRST WORLD Any digital-first business, whether SMB or enterprise, must double down on test observability. The stakes are high. Take the global outage that Amazon experienced in 2021. A 59-minute disruption caused by website inaccessibility led to an estimated $34 million loss in sales, and highlighted the vulnerability of even the most robust digital platforms. Test observability tools help enterprises quickly identify root causes, saving time and resources. However, 28.7% of organizations still lack a dedicated test intelligence infrastructure, according to the Future of QA survey. Here's how test observability is reshaping enterprise software delivery: Faster Defect Identification And Resolution: With real-time feedback and integrated analytics, test observability accelerates development pipelines. Enterprises with strong observability are 2.8x faster at detecting issues (MTTD) and 2.3x quicker at resolving them (MTTR), thereby reducing costly delays. Flaky Test Identification: Automatically detecting and getting notified of flaky tests based on a predefined flaky test threshold or percentage enables teams to quickly address issues caused by environmental factors or dependencies, which enhances test reliability. Predicting Failures: AI-powered observability systems analyze historical data to predict potential test failures, and help teams focus on high-risk areas early. Intelligent Test Selection: By focusing on the most relevant tests based on recent code changes, these tools minimize unnecessary test cycles and optimize both time and resources. Automated Incident Summary: AI-powered test observability systems automatically generate incident summaries and allow teams to quickly identify and address the most critical issues. Maximized ROI: Test observability enables early issue detection and performance improvements, leading to a 4X return on investment in the long term. Improved Software Quality: Enterprises using test observability see a 73% improvement in software quality by reducing downtime and detecting issues in real time, all of which leads to better system reliability. PRACTICAL IMPLEMENTATION STRATEGIES FOR TEST OBSERVABILITY Here's how enterprises can implement test observability effectively: Define Objectives And Metrics: Set clear goals for observability, such as improving test coverage or reducing incident resolution time, and align them with business objectives to track success. Select The Right Tools: Choose test observability tools that integrate with existing testing infrastructure and CI/CD pipelines to provide the needed visibility and insights. Centralized Test Data: Consolidate test data into a unified dashboard for a comprehensive view of the testing process that can help teams make data-driven decisions. Enable Real-Time Monitoring: Implement real-time monitoring to quickly identify issues and leverage AI and machine learning for automated anomaly detection and prioritization. Alerting: Set up alerting mechanisms to notify teams of critical issues or test failures in real time. This ensures quick responses and minimizing downtime. Continuous Improvement: Ensure continuous optimization by regularly assessing and improving test strategies based on insights from observability tools. THE PATH FORWARD Enterprise testing has become less about checking boxes and more about risk mitigation, user trust, and innovation velocity. Test observability eliminates the guesswork. It turns data into decisions. As release velocity and reliability become critical to business success, it unites QA, Dev, and Ops with a shared quality mindset. The question is no longer, 'Should we invest in test observability?' but rather, 'Can we afford not to?'
Indian Express
29-06-2025
- Sport
- Indian Express
Carlsen welcomes Praggnanandhaa to Team Liquid; Nakamura hails Indian prodigy as ‘rare gem of chess world'
Norway's Magnus Carlsen and USA's Hikaru Nakamura, the top two highest-ranked players in chess, have congratulated R. Praggnanandhaa and sung the praises of the Chennai Grandmaster after he was signed by Esports Organisation Team Liquid on Saturday. The Norwegian maestro, who is also a part of Team Liquid alongside the USA's Fabiano Caruana, has welcomed the Indian. On X, he wrote, Whole lot of letters in Praggnanandhaa, but no «I» Welcome to the team🤝.' Whole lot of letters in Praggnanandhaa, but no «I» Welcome to the team🤝 — Magnus Carlsen (@MagnusCarlsen) June 28, 2025 The inclusion of Praggnanandhaa in the Team Liquid makes them one of the strongest Esports teams in the chess world. The World No. 2 and arguably the most famous esports athlete in chess — who has promoted this sport in the online world — Nakamura called the Indian a rare gem. Posting a reply to Team Liquid's announcement post on X, Nakamura wrote, 'Pragg is a rare gem in the chess world.' Massive congrats to @rpraggnachess and @TeamLiquid – Pragg is a rare gem in the chess world! — Hikaru Nakamura (@GMHikaru) June 28, 2025 The wave of these signings comes after chess was actively promoted as an Esports, with the traditional board game evolving itself into an online game and getting included in the upcoming Esports World Cup (EWC), set to happen in Riyadh, Saudi Arabia. Besides Praggnanandhaa, multiple Indian stars have signed contracts with Esports organisations. Arjun Erigaisi was among the first few players in the world to sign such a contract. He signed the deal with Gen.G. Earlier, Nihal Sarin and Aravindh Chithambaram also signed contracts with the Indian Esports organisation S8UL. So far, Arjun is the only player to have assured himself a spot in the Esports World Cup, which has spots for only 16 players. Both Carlsen and Caruana are also among the 12 grandmasters who have qualified. The others are Hikaru Nakamura (Team Falcons), Alireza Firouzja (Team Falcons), Ian Nepomniachtchi (Aurora), Nodirbek Abdusattorov (NAVI), Maxime Vachier-Lagrave (Team Vitality), Jan-Krzysztof Duda (Twisted Minds), Wei Yi (Weibo), Vladislav Artemiev (Team Spirit), and Vladimir Fedoseev. Praggnanandhaa will represent Team Liquid for the Last Chance Qualifiers, which will see some heavy-hitters in action trying to secure one of the four remaining spots. This includes former world champion Ding Liren (LGD), Wesley So (NAVI), Oleksandr Bortnyk (NAVI), Anish Giri (Team Secret) and Daniil Dubov (Team Spirit). The Esports World Cup will be an event where the world's biggest esports clubs compete across 24 of the most popular esports titles. For the first time, the World Cup will also feature chess, which will be played online. The first edition of the Esports World Cup was held in 2024 and saw teams compete over eight weeks. The Esports World Cup 2025 is set to be the largest multi-title esports event in history, which is expected to have at least 2,000 players and 200 teams competing for a combined prize pool of $70 million (approx. Rs 602 crore). Chess was also included as an Esports at the Khelo India Youth Games 2025 in Patna.
Time of India
29-06-2025
- Sport
- Time of India
Chess: ‘Whole lot of letters...' — Magnus Carlsen welcomes Praggnanandhaa to Team Liquid
Chennai: Chess grandmaster Praggnanandhaa after being felicitated by Tamil Nadu Deputy Chief Minister Udhayanidhi Stalin at his camp office, in Chennai. (PTI Photo) (PTI06_12_2025_000215B) Five-time world champion Magnus Carlsen has welcomed 19-year-old R Praggnanandhaa into his Team Liquid ahead of the Esports World Cup, which will be staged in Riyadh, Saudi Arabia, from July 29 to August 1. 'Before chess conquered the world, it was born in India. For centuries, India has shaped the game. Now, it shapes the future. Praggnanandhaa R. carries that legacy forward — and today, he joins ours. Welcome to Team Liquid. The future of chess starts here,' Team Liquid posted on X. In response, the World No. 1 wrote, "Whole lot of letters in Praggnanandhaa, but no «I». Welcome to the team." Praggnanandhaa also shared his excitement: 'Super excited to be part of Team Liquid! From India to the world, let's take chess to the next level together!' Praggnanandhaa became the fourth Indian chess player to sign up with an esports franchise — after Arjun Erigaisi, Nihal Sarin, and Aravindh Chithambaram. Arjun Erigaisi was snapped up by Generation Gaming (Gen.G), while Nihal Sarin and Aravindh Chithambaram have been named on the roster of India-based S8UL. Arjun is the only player to have already guaranteed himself a berth at the Esports World Cup, which will feature just 16 participants. Among those who have also qualified are Magnus Carlsen and Fabiano Caruana, who are part of the group of 12 grandmasters with confirmed spots. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Order New Blinds Online & Get $199 Home Installation Learn More Undo The other players in that list include Hikaru Nakamura and Alireza Firouzja (both with Team Falcons), Ian Nepomniachtchi (Aurora), Nodirbek Abdusattorov (NAVI), Maxime Vachier-Lagrave (Team Vitality), Jan-Krzysztof Duda (Twisted Minds), Wei Yi (Weibo), Vladislav Artemiev (Team Spirit), and Vladimir Fedoseev. Meanwhile, R Praggnanandhaa will compete under Team Liquid in the Last Chance Qualifiers, where some of the biggest names in chess will be vying for one of the four remaining places. The line-up for the qualifiers includes reigning world champion Ding Liren (LGD), Wesley So (NAVI), Oleksandr Bortnyk (NAVI), Anish Giri (Team Secret), and Daniil Dubov (Team Spirit). Game On Season 1 continues with Mirabai Chanu's inspiring story. Watch Episode 2 here.
Indian Express
28-06-2025
- Sport
- Indian Express
Praggnanandhaa to join Magnus Carlsen's Team Liquid ahead of chess' Esports World Cup debut
A day after R Praggnanandhaa won the 2nd UzChess Cup, the 19-year-old from Chennai was announced as the newest member of Team Liquid, a move that sees him join forces with the likes of five-time world champion Magnus Carlsen and Fabiano Caruana. Praggnanandhaa thus becomes the fourth Indian chess player to sign up with an esports franchise with chess making its debut at the Esports World Cup soon to be staged in Riyadh, Saudi Arabia from July 29 to August 1. Before Praggnanandhaa, his close friend Arjun Erigaisi was snapped up by Generation Gaming (Gen.G) while Nihal Sarin and Aravindh Chithambaram have been named on the roster of India-based S8UL. So far Arjun is the only player to have assured himself a spot in the Esports World Cup, which has spots for only 16 players. Both Carlsen and Caruana are also among the 12 grandmasters who have qualified. The others are Hikaru Nakamura (Team Falcons), Alireza Firouzja (Team Falcons), Ian Nepomniachtchi (Aurora), Nodirbek Abdusattorov (NAVI), Maxime Vachier-Lagrave (Team Vitality), Jan-Krzysztof Duda (Twisted Minds), Wei Yi (Weibo), Vladislav Artemiev (Team Spirit), Vladimir Fedoseev. Praggnanadhaa will represent Team Liquid for the Last Chance Qualifiers which will see some heavy-hitters in action trying to secure one of the four remaining spots. This includes former world champion Ding Liren (LGD), Wesley So (NAVI), Oleksandr Bortnyk (NAVI), Anish Giri (Team Secret) and Daniil Dubov (Team Spirit). 'Before chess conquered the world, it was born in India. For centuries, India has shaped the game. Now, it shapes the future. Praggnanandhaa R. carries that legacy forward — and today, he joins ours. Welcome to Team Liquid. The future of chess starts here,' the team posted on its X handle announcing the move. Before chess conquered the world, it was born in India. For centuries, India has shaped the game. Now, it shapes the future. Praggnanandhaa R. carries that legacy forward — and today, he joins ours. Welcome to Team Liquid. The future of chess starts here. 💙🇮🇳 Pragg உன்னை… — Team Liquid (@TeamLiquid) June 28, 2025 In response, Praggnanandhaa posted: 'Super excited to be part of Team Liquid! From India to the world, let's take chess to the next level together!' Carlsen's admiration for Praggnanandhaa is well documented. During the FIDE World Cup in 2023, where Praggnanandhaa had ended up reaching the final before losing to the world no 1 from Norway, Carlsen had famously patted the Indian teenager on the back and exchanged a few words while still in the middle of his own game after the boy from Chennai had upset Hikaru Nakamura via tiebreakers. Carlsen had revealed that at his club Offerspill in Norway, Pragg's coach RB Ramesh had used the phrase 'Be Like Pragg' while explaining to young players the level of dedication they needed to have to succeed. Carlsen had in turn reminded Praggnanandhaa about the 'Be Like Pragg' catchphrase when he had defeated Nakamura. Carlsen and Praggnanandhaa were also teammates in the first season of the Global Chess League. Team Liquid started off as a StarCraft clan in 2000, and then grew into a championship-winning team. It has three training facilities around the world, at Los Angeles, São Paulo and Utrecht (The Netherlands). The Esports World Cup will be an event where the world's biggest esports clubs compete across 24 of the most popular esports titles. For the first time, the World Cup will also feature chess, which will be played online. The first edition of the Esports World Cup was held in 2024 and saw teams compete over eight weeks. The Esports World Cup 2025 is set to be the largest multi-title esports event in history which is expected to have at least 2,000 players and 200 teams competing for a combined prize pool of $70 million (approx. Rs 602 crore). Chess was also included as an Esports at the Khelo India Youth Games 2025 in Patna.
