Latest news with #Relay


Daily Mail
2 days ago
- Entertainment
- Daily Mail
Lily James puts on a leggy display in purple mini dress after stepping out in black mini skirt during day in NYC
Lily James put on a leggy display as she attended a screening of her film Relay at the SVA Theater in New York City on Saturday. The actress, 36, looked incredible as she slipped into a purple mini dress with long sleeves and a turtle neck. The garment highlighted the star's jaw-dropping figure and Lily added height to her frame with a pair of matching heels. Letting her locks fall loose down her shoulders, the Downton Abbey star completed her look with a pair of sunglasses. Earlier on the day, Lily stepped out in a white vest top tucked into a black mini skirt. From A-list scandals and red carpet mishaps to exclusive pictures and viral moments, subscribe to the DailyMail's new Showbiz newsletter to stay in the loop. She wrapped up in a matching blazer and also wore black shoes and carried a small handbag. It comes after Lily celebrated her 36th birthday in April at a Michelin-starred restaurant in North London with her famous friends. The actress splashed out on a private dining room at modern Italian restaurant, Luca, not far from Lily's Grade-II listed £3million home. Hiring a private space at the lavish eatery which has a minimum spend of £650, with the chef's fixed menu, including a wine pairing with each course, costs nearly £200 per person. Lily was all smiles as she was joined by several close friends including her Mamma Mia! co-star, Dominic Cooper, his girlfriend, actress Gemma Chan, actress Gala Gordon and socialite Poppy Delevingne, older sister of model Cara. Gala and Poppy took to Instagram to share pictures showing Lily looking happier than ever as she celebrated her day. She looked relaxed in a khaki sleeveless dress cut away at the waist, showing off her slender frame. The Surrey-born star and her friends drank champagne and red wine while feasting on a menu with mouth-watering items including £68 beef ribeye, £49 lamb with spiky artichoke and pine nuts and fresh pasta dishes such as £46 prawn taglierini. Lily wrapped up in a black blazer and also sported a pair of matching shoes At the end of the meal, Lily was treated to a big white birthday cake adorned with multi-coloured candles, meringue balls and an icing photo of herself as a child in an early acting role. 'Keep shining my girl - this is your year,' her close friend Gala, 34, captioned a video online. Gala is an executive producer of Swiped, the film starring Lily as Whitney Wolfe Herd, the founder of dating app Bumble, due out this year. Gala is also co-founder of a film production company, Parados Productions, with Lily. Poppy, 38, shared a video of her and Lily playing around in a lift, with a soundtrack of the quote: 'You are by the far the baddest, raddest, sexiest, most far-out kick-a** chick that I've ever met!' It is a line said by actor Sebastian Stan as Tommy Lee to Lily's Pamela Anderson in the 2022 TV series, Pam and Tommy. 'You really f****** are,' wrote Poppy, who is heavily pregnant with her first child - a girl - by her billionaire boyfriend, Archie Keswick. 'Happy birthday beautiful LILS. Love you to Pluto.' Lily, who has previously been in long-term relationships with actor Matt Smith and US musician Michael Shuman, did not appear to be joined by a date at her birthday bash.


Forbes
4 days ago
- Business
- Forbes
Symbiotic Releases Cross-Chain Staking As SEC Clarifies Staking
Connection of different chains with a link On May 29, the U.S. Securities and Exchange Commission (SEC) issued a statement that clarified protocol staking on DeFi proof-of-stake networks does not in itself constitute a securities offering. For those building and providing DeFi infrastructure that deploys staking, it is a long-awaited regulatory green light. The timing could not be better for Symbiotic, the re-staking protocol on the move, who announced 'Relay' a new universal staking protocol, earlier this week. Relay is designed to enable staking on one blockchain protocol and verify decisions across many. Relay is pitched as a 'crypto-economic' coordination layer for the modular multichain future of Web3. Symbiotic, recently completed a $29 million Series A round backed by Pantera, Coinbase Ventures, Paradigm, and hundreds of angel investors. The round helps to take on rival market leader EigenLayer, and to further fund the development of Relay. Staking is foundational to DeFI infrastructure with total value locked (TVL) market of $116.6 billion, according to DeFiLlama. Ethereum dominates this market with over $62 billion in DeFi TVL and is seen as a main destination for real-world-asset (RWA) tokenization, a market Solana is now a serious contender for. Staking is the process of distributing the economic benefits of Web3 across the network, while defraying and reducing the many risks of network participation, to help ensure the bedrock of the protocol network remains stable. New transactions are added to DeFi networks through Proof-of-take (PoS) consensus mechanisms, allowing users who stake their tokens, like ETH or SOL, to earn fees in return. Staked tokens are 'locked' in the DeFi protocol ecosystem and earn fees as new user transactions use the network digital rails. Liquid staking is very popular in DeFi as it enables earning fees from two DeFi networks. With liquid staking, once the original token is staked, a derivative Liquid Staking Token (LST) of the same value as the original staked token is issued and can be then re-staked in the DeFi ecosystem for further incentives. The LST is swapped back when the original token is un-staked. Liquid staking (re-staking) is similar to 'collateralization' in the TradFi world, popular with sophisticated financiers and asset managers, and is one of the key incentives for seasoned finance professionals to deploy capital in the Web3 ecosystem. Q2 2025 liquid staking alone accounted for over $58.9 billion in TVL across the DeFi landscape. Symbiotic's Relay enables developers to 'plug into' and unlock the ability to stake from any ecosystem to verify protocol decisions on any supported chain. This enables protocol developers to build bridges, settlement layers, oracles, and rollups without relying on multisigs or proof-of-authority setups, and without sacrificing decentralization. It also means that a protocol can secure decisions on Ethereum and execute or settle on Solana or Monad or tap into Bitcoin-based systems that support programmable layers. Algys Ievlev, co-founder of Symbiotic, says, "Until now, building secure multichain infrastructure meant expensive custom work or reliance on centralized relayers. Relay solves that. It makes verifiable, stake-backed coordination between chains as simple as a plug-in, without any trust assumptions or permissioning." The decentralized finance (DeFi) market is projected to grow at a compound annual growth rate (CAGR) of 53.7% from 2025 to 2030, considered a conservative estimate by many in industry. Leading crypto exchanges such as Coinbase, Binance, and Kraken offer staking services to their customers, facilitating broader participation in staking activities while specialist platforms like Lido, Rocket Pool, and Marinade Finance command the liquid staking market. Eigenlayer, backed by a16z, Coinbase Ventures and Polychain, is the largest and most established re-staking protocol and leads the re-staking market with $15 billion of TVL. Eigenlayer enables ETH and LSTs Allows ETH and LSTs to be re-staked to secure Actively Validated Services (AVSs), that are continuously monitor and verify services by a network of validators to ensure their integrity, security, and accuracy. Symbiotic supports a mainnet already live across 14 networks with over $1 billion staked. Relay now enables crypto's largest ecosystems to be unified into one seamless interoperable layer. The Bitcoin Network brings a $2.2 trillion market cap to add to $116 billion DeFi TVL with thousands of programmable assets across Ethereum, Solana and other protocols, now no longer siloed. Historically, developers had to choose which trade-offs to embrace when choosing protocols for projects. Relay seeks to remove 'protocol walls' by allowing protocols to use staked capital on one chain to verify and secure actions on another, whether Symbiotic is natively deployed on the protocol. Developers are already exploring use cases from fast-finality rollups to oracles and decentralized insurance layers. Relay integrates directly with Symbiotic's validator set and SDK, enabling teams to add multichain coordination without reimplementing consensus mechanisms. Symbiotic Relay's launch arrives at an opportune time. The SEC's recent statement addresses a key concern for developers about whether building protocol-level staking mechanisms could expose them to securities enforcement. The answer, for the time being, appears to be no. The SEC's ruling follows the U.K. Treasury's January legal amendment clarifying that crypto staking necessary for proof-of-stake blockchains such as Ethereum and Solana doesn't fall under the definition of a 'collective investment scheme (CIS),' and is outside the scope of the CIS regulations. In a space where regulatory uncertainty often slows innovation, that kind of clarity has been, in recent years, rare and is proving commercially valuable. It shifts the conversation from fear of noncompliance to a renewed focus on DeFi infrastructure design. Financial institutions deploying distributed ledger technologies (DLT) such as Blackrock, JP Morgan, and Goldman Sachs will be spurred on by more favorable regulatory signals, and the recent SEC staking statement is likely to help accelerate this. Relay's architecture, which is open-source, permissionless, and has no custodial token wrappers, is precisely the kind of model that fits into this regulatory shift. Symbiotic Relay represents a broader trend being witnessed in the DeFi landscape - the push toward a more modular and interoperable infrastructure in Web3. According to Electric Capital's 2024 Developer Report, 34% of active crypto developers now work across multiple blockchains, a significant jump from just 10% in 2015. The tooling needs to catch up. Whether Symbiotic Relay becomes a standard, or even 'the' standard remains to be seen in this very hotly contended competitive space. One thing is for sure, a week is a long time in DeFi. Symbiotic's timing couldn't be better with this week's Relay announcement on the back of last week's SEC staking clarification. For DeFi developers building the next wave of multichain apps, it might just be the interoperable plug-in they didn't know they were waiting for. For seasoned stakers, it is a killer app. Timing is everything.
Yahoo
6 days ago
- Business
- Yahoo
Symbiotic Launches 'Relay' to Bring Secure Staking Across Chains
Symbiotic, a universal staking protocol and EigenLayer rival, has launched Relay, a software development kit (SDK) that allows protocols to stake assets on Ethereum and verify that stake across any blockchain. Staking is a system for securing blockchains in exchange for rewards. In staking systems, so-called validators commit callateral — called "stake" — for a role in processing transactions. "Restaking" protocols like Symbiotic let users reuse stake across multiple blockchains at once, offering investors the opportunity to earn extra yield. Relay is, in essence, a generalized version of Symbiotic's restaking tech — a toolkit that can bring Symbiotic-style restaking to virtually any crypto ecosystem. According to the Symbiotic team, the tech lets developers build verifiable, secure coordination layers for decentralized applications (dApps) across multiple chains. Under the hood, the SDK plugs developers into the Symbiotic network. From there, developers may configure networks to use stake on one blockchain to verify activity on another. 'This makes it easy to build bridges, oracles, rollups, or risk protocols that are secured by real stake and verifiable anywhere their users are, without having to bootstrap a validator set, trust a multisig, or sacrifice decentralization,' the team wrote in a press release. 'For users, this means multichain applications which were previously bespoke designs, fragmented, or complex, can now be easily built with verifiable security from day one.' The rollout of Relay was a central part of Symbiotic's recent $29 million Series A funding round led by Pantera Capital. The round included participation from Coinbase Ventures and a cohort of over 100 angel investors. 'Until now, building a secure multichain protocol meant choosing between trusted relayers or expensive, bespoke infrastructure,' said Algys Ievlev, co-founder of Symbiotic. 'Relay solves that. It gives builders a way to use real stake to verify real outcomes across chains without making tradeoffs on cost, security, or developer experience. We believe this will become the default way protocols coordinate across chains.' Read more: Pantera Leads $29M Funding for EigenLayer Rival Symbiotic to Expand Staking Play Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

South Wales Argus
27-05-2025
- Health
- South Wales Argus
Pontypool Relay for Life 2025 event to take place in July
Pontypool Park will host the 2025 Relay for Life over the weekend of July 5-6, marking a decade of community-driven fundraising for Cancer Research UK. The event, one of only two of its kind in Wales, invites teams, survivors, and supporters to unite in a 24-hour relay to honour those affected by cancer and to raise vital funds for research. The event promises more than just fundraising, with organisers describing it as a "festival of remembrance, hope, and determination." The park will be filled with entertainment, food, music, kids' activities, and moments of reflection. Entry is free and open to all. Since its inception in 2016, Pontypool's Relay for Life has raised over £534,000, supporting cancer research in Wales. The first event exceeded its £20,000 target by raising £61,000, earning recognition as the best first-time Relay in the UK. (Image: Pontypool relay) (Image: Pontypool relay) (Image: Pontypool relay) The event has raised over £232,000 in the past three years alone. The Relay begins at 11am on Saturday, July 5, and continues through the night until 11am on Sunday. Participants take turns walking the track to keep someone on the course at all times—a symbol of the ongoing fight against cancer. One of the standout moments of the event is the Candle of Hope ceremony, held around 9.30pm on Saturday. Hundreds of candle bags—each decorated in memory or support of someone affected by cancer—are illuminated around the park. Team registration is free and open to people of all ages and backgrounds. Most teams include between eight and 15 members, and no running is required. Survivors are the guests of honour at Relay. They open the event with the first lap and are invited to a special survivors' lunch on Saturday. Survivors can register via the Pontypool Relay website or contact the committee for assistance. The event also boasts the UK's first Youth Committee, "Team Pink," launched in 2017. This group of young volunteers works to promote healthy living among their peers and has raised nearly £50,000 to date.
Yahoo
21-05-2025
- Automotive
- Yahoo
Relay Payments Launches Relay Pulse, an ELD Integration to Prevent First-Party Fuel Fraud
Relay Pulse connects with 100+ ELD providers—including Samsara, Motive, and ISAAC—to block unauthorized fueling and reduce manual oversight ATLANTA, May 21, 2025 /PRNewswire/ -- Relay Payments, the fintech company modernizing payments for the trucking and logistics industries, has launched Relay Pulse, an interactive solution leveraging a strong integration with a carrier's ELD to prevent fraud by giving carriers greater visibility and control over driver fueling. Fuel fraud remains a costly challenge for fleets, especially first-party fuel fraud, where carriers struggle to track driver fueling behavior and prevent unauthorized transactions from drivers committing fraud. Relay Pulse integrates directly with electronic logging devices (ELDs) to automate fraud prevention, eliminate manual processes and reduce operational risk. "Relay Pulse has been a game changer for us," said Navjot Thandi, Operations Manager at Royal Carrier LLC. "We can now accurately track fuel usage and cost in real-time – no more guessing, and no more theft. It's a powerful tool that gives us visibility into our operations and helps us reduce expenses, which is critical in today's market." Relay Pulse integrates with 100+ ELD providers—including Samsara, Motive, ISAAC, and more—to help prevent first-party fuel fraud. By enforcing fueling policies—like on-duty verification, truck location verification, and tank capacity checks—Relay Pulse stops fraudulent transactions before they happen. Key features and capabilities of Relay Pulse include: Automatic enforcement of fuel tank thresholds to block unauthorized transactions and prevent excessive fueling. Confirmation that the fuel tank increased after fueling. Truck Location verification to block fueling attempts when drivers are not near their truck. Real-time driver and vehicle syncing to ensure drivers are assigned to the correct truck, keeping fueling records accurate. Automated onboarding and offboarding of drivers between Relay and your ELD system to maintain up-to-date permissions. "Fuel fraud costs carriers millions each year, yet most solutions leave too many gaps in visibility and control," said Ryan Droege, CEO of Relay Payments. "First-party fuel fraud is often an afterthought, and when fleets do try to solve for it, they're stuck with time-consuming manual processes that only catch fraud after a driver has successfully stolen fuel. Relay Pulse changes that by giving carriers real-time control over when their drivers fuel and how much they can purchase." To learn more about how Relay Pulse can help protect your fleet, visit About Relay PaymentsRelay Payments is building a modern digital payment network to revolutionize the trucking and logistics industries. Trusted by more than 400,000 drivers, 100,000 carriers, and 2,200 truck stops nationwide, Relay has brought efficiency and automation to an industry historically reliant on cash, checks, and cards. Relay has joined forces with industry leaders like Pilot Company, AMBEST, Maverik, Schneider, Coyote Logistics, Lineage Logistics, and others to provide secure, reliable over-the-road transactions. Founded in 2019, the Atlanta-based fintech includes more than 150 team members and has won awards for product innovation, customer service, and organizational culture. For more information about Relay, visit Media Contact:Kirstin Robison, Pitch Public Relationskrobison@ View original content to download multimedia: SOURCE Relay Payments