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Steam22 Launches $STM Token, Surpasses $2M Market Cap on Day One as Blockchain-Powered Sportsbook Gains Momentum
Steam22 Launches $STM Token, Surpasses $2M Market Cap on Day One as Blockchain-Powered Sportsbook Gains Momentum

Globe and Mail

time14 hours ago

  • Business
  • Globe and Mail

Steam22 Launches $STM Token, Surpasses $2M Market Cap on Day One as Blockchain-Powered Sportsbook Gains Momentum

Willemstad, Curaçao--(Newsfile Corp. - August 9, 2025) - Steam22, the innovative sportsbook platform uniting traditional online betting with advanced blockchain infrastructure, has officially launched its $STM token. Debuting on Thursday, August 7th, the token quickly surged past a $2 million market cap on day one, reflecting both strong market appetite and growing trust in the platform's technology. To view an enhanced version of this graphic, please visit: The $STM token is designed to be more than just a trading asset-it's the operational backbone of a next-generation sportsbook that leverages blockchain to deliver provable fairness, real-time verification, and decentralized fund management. This approach addresses long-standing issues in the betting industry such as opaque odds, delayed payouts, and lack of transparency. Blockchain Integration for Fairness and Trust At the heart of Steam22's crypto sportsbook is a smart contract architecture that automates the wagering process from start to finish. Every bet placed is recorded on-chain, ensuring it is immutable and transparent to both players and regulators. Odds, payouts, and outcomes are all verifiable through public ledger data, eliminating the possibility of post-event manipulation. Instant Payouts and Escrow Security By utilizing blockchain-based payment rails, Steam22 enables near-instant withdrawals directly from the smart contract once a wager is settled. Player funds are held in escrow within the contract itself, meaning the platform cannot access or reallocate user balances without the blockchain's consensus mechanism executing it. This eliminates the trust gap that exists in many Web2 betting platforms. Token Utility and Ecosystem Growth The $STM token has multiple utilities within the Steam22 ecosystem. Beyond functioning as the primary currency for bets, it unlocks exclusive tournaments, loyalty multipliers, and governance rights that let token holders influence platform updates and feature rollouts. This integrated tokenomics model is designed to reward long-term engagement and strengthen community alignment with platform growth. Bridging Web2 Experience with Web3 Innovation Steam22 isn't an untested startup-it's an evolution of a proven Web2 sportsbook with an established user base. The move to blockchain builds upon years of operational expertise, giving the platform a unique edge in deploying Web3 features without sacrificing stability or user experience. This hybrid foundation has generated significant buzz across online forums and trading communities, with many industry watchers pointing to Steam22 as a blueprint for how legacy betting platforms can transition into blockchain successfully. With the $STM token now live, Steam22 has outlined a roadmap that includes additional blockchain integrations such as NFT-based VIP memberships, cross-chain interoperability, and advanced DeFi staking options for liquidity providers. For more information about the $STM token and the Steam22 sportsbook, visit

EJ Norvill heads back to TV
EJ Norvill heads back to TV

Perth Now

time02-08-2025

  • Entertainment
  • Perth Now

EJ Norvill heads back to TV

She's best known for wowing theatre audiences through the celebrated one-woman play, The Picture Of Dorian Gray, which toured the east coast of Australia from 2020 to great acclaim and multiple five-star reviews. But this week Eryn Jean Norvill leaves behind the theatre world for a return to the small screen, starring in the third season of Foxtel's esteemed courtroom drama, The Twelve. 'This is me kind of stepping back into more TV work — I'd forgotten how wonderful it is!' says Sydneysider Norvill, who is chatting with STM during filming for the series, which took place in Perth and Margaret River late last year. 'I'm actually really loving working back in TV. 'I think there was something that happened with Dorian that sparked this hunger for me to come back into screen — I am really, really surprised how much I am loving it.' The Twelve: Cape Rock Killer filmed in and around Margaret River and Perth. Credit: Binge Norvill has had roles in several TV projects over the years, including Home And Away and Foxtel's Love Me — and is no stranger to the small screen. She is also familiar with the courtroom: in 2018 the award-winning actor was thrust into the spotlight when she had to testify in a high-profile defamation action brought against Sydney newspaper The Daily Telegraph by actor Geoffrey Rush. It was a bruisingly public trial — Rush eventually won — and Norvill, who was a theatre star-on-the-rise at the time, was right there at the centre of it. The case revolved around allegations the newspaper made that the Oscar-winning star engaged in 'inappropriate behaviour' towards a female co-star during a stage production of King Lear. Norvill was not named in the article, but was called to testify for the newspaper in its defence. But rather than let it define her, Norvill has forged ahead, and in the years since, not only has she carved a place for herself as one of the country's most exciting acting talents, she's also used her experience to push for change in the Australian theatre space, via her involvement with the Safe Theatres Australia advocacy group. Eryn Jean Norvill has carved a name for herself as one of Australia's most accomplished theatre actors. Credit: Supplied This week, Norvill is back in the courts once more, but this time, it's on her own terms. The upcoming third series titled, The Twelve: Cape Rock Killer, focuses on the case of a murdered woman whose death links directly back to a historic crime committed in the 1960s. Norvill plays the victim, with Sam Neill and Wentworth star Danielle Cormack battling it out in court as defence and prosecutor respectively. It mines heavy territory, but Norvill says she knew she wanted to be a part of the project. 'I think the thing that got me over the line was having a conversation with Madeleine Gottlieb, our director,' she explains. 'I've had a career, but I haven't worked with many female directors, so I think that I was really impressed and startled by not only Madeleine's artistry — her framing, and how she spoke about the work — but also the kind of culture that she wanted on her set. 'And that was just a really new conversation for me, even though I've been advocating for that, and that is how I like to work.' Eryn Jean Norvill stars as a teacher searching for the truth about a historic crime. Credit: Supplied Norvill met with the show's writer, Sarah Walker, before filming began, whom she says was 'incredibly open and collaborative' when discussing the series — it was another reason she signed on. 'I like to know what the politics of a piece is, and I like to know that there is a complexity, not only like why are we doing the piece , but also what for. What are we saying with each character? 'I thought with those minds, in collaboration with the people framing it and trying to push everything across the line, it could be a really incredibly smart and irresistible piece of television.' It's certainly shaping up to be that way. And with the calibre of the actors involved, it's almost a foregone conclusion. Joining Norvill on the call sheet is a who's who of top-shelf Australian acting talent, including Sarah Peirse, and The Dry's William Zappa. Bump star Nathalie Morris, Runt's Catherine Moore, Hanah Tayeb from Miles From Nowhere, and The Night Agent's Phoenix Raei round out the cast — WA-raised Ewen Leslie is also front and centre. The cast spent time together during filming in and around Perth and in Margaret River last spring, forging a bond — Norvill and Neill, though they don't share much screen time together, became friends. 'I had never even met Sam before, but we've been spending quite a lot of time together, because he is (staying) in North Fremantle, and I am (staying) in North Fremantle — we have gotten to know each other in a nice way, going for walks, and he's a wonderful person,' she said at the time. The cast swapped notes on places to visit and things to do while working on the west coast for four months, 'and I have been down to Leighton Beach, and (visited) Wild Bakery — I have gotten a lot of hot tips from pretty much everybody,' Norvill explained. 'Perth people have a lot of pride, as they should do — it's a really beautiful place; I really am sort of astounded. 'The weather is just good all the time. The water, and the horizon — I have never been to a place where the horizon just goes and goes! 'And everyone has their quintessential bars and restaurants, and they are all really good.' Norvill particularly enjoyed her time in Margaret River. Before filming started she had relocated to London, so travelling back to sleepy WA was quite a contrast from her busy city life there. 'It's been a while since I've been in nature, and Margaret River is amazing — the beaches!' she says. 'I'm a 'salt therapy' girl, and any kind of ocean heals wounds for me. But also, I got to see the migration of whales (up close), which was pretty special.' 'I couldn't believe it. It was incredible.'

Three LMS taking shapeConstruction in Turkiye proceeding according to schedule
Three LMS taking shapeConstruction in Turkiye proceeding according to schedule

The Star

time26-07-2025

  • Business
  • The Star

Three LMS taking shapeConstruction in Turkiye proceeding according to schedule

On track: Mohamed Khaled (centre) on a site visit to the shipyard where the second batch of LMS is being built in Istanbul, Turkiye. — Bernama ISTANBUL: The construction of the second batch of three Littoral Mission Ships (LMS) by Turkish defence firm Savunma Teknolojileri Muhendislik (STM) at the Istanbul Shipyard is proceeding according to schedule. Defence Minister Datuk Seri Mohamed Khaled Nordin said the first LMS is expected to be launched next April, followed by the second in June 2026 and the third in August 2026. 'The construction of the second batch of LMS marks the first procurement following the signing of the government-to-government memorandum of understanding for defence acquisitions in June last year. 'The progress of the construction is important because it serves as the benchmark for the new procurement approach by the government,' he told reporters after surveying the ships' construction at the shipyard here on Thursday, Bernama reported. He was accompanied by Royal Malaysian Navy (TLDM) chief Admiral Tan Sri Zulhelmy Ithnain and a delegation from the ministry. He said that after the vessels are launched into the water, they will enter a critical phase involving integrating various systems to be used on board, before Malaysia takes full delivery of the three ships by the end of 2027. He added that the procurement of the three LMS will be followed by an industrial collaboration programme, which has the potential to impact the local defence industry, including through technology transfer that will be finalised by the end of the year. He also said Turkiye underwent a process of technology transfer from other countries before successfully developing its defence industry. 'Malaysia has the same aspiration. Hopefully, the good bilateral relations and strategic collaboration between both countries can help propel the local defence industry and strengthen national sovereignty,' he said. The second batch of LMS for TLDM is based on the Ada-class corvette design developed by STM, which is equipped for multiple roles. Each of the ships will also be armed with Atmaca surface-to-surface missiles and air defence systems. Earlier, Mohamed Khaled attended the International Defence Industry Fair 2025, which is one of the world's prestigious defence exhibitions, organised by Turkiye's National Defence Ministry at the Istanbul Expo Centre.

Second batch of LMS vessels construction on track, says defence minister
Second batch of LMS vessels construction on track, says defence minister

The Sun

time25-07-2025

  • Business
  • The Sun

Second batch of LMS vessels construction on track, says defence minister

ISTANBUL: The construction of the second batch of three Littoral Mission Ships (LMS) by Turkish defence firm Savunma Teknolojileri Muhendislik (STM) at the Istanbul Shipyard is proceeding as scheduled. Defence Minister Datuk Seri Mohamed Khaled Nordin stated that the first LMS is expected to be launched in April 2026, followed by the second in June 2026 and the third in August 2026. 'The construction of the second batch of LMS marks the first procurement following the signing of the government-to-government (G2G) memorandum of understanding (MoU) for defence acquisitions during my official maiden visit to Turkiye in June last year,' he said during a visit to the shipyard. He added that the progress of the construction is crucial as it sets a benchmark for the government's new procurement approach. After the vessels are launched, they will undergo system integration before Malaysia takes full delivery by the end of 2027. The procurement will also include an Industrial Collaboration Programme (ICP), expected to benefit Malaysia's defence industry through technology transfer, with finalisation targeted by year-end. Mohamed Khaled highlighted Turkiye's experience in technology transfer as a model for Malaysia's aspirations in strengthening its defence sector. The LMS vessels, based on the Ada-class corvette design, will be equipped with ATMACA missiles and air defence systems. Earlier, the minister attended the International Defence Industry Fair (IDEF) 2025 in Istanbul. - Bernama

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