Blockchain Press Releases
EVE appeared in THE SMARTER E EUROPE 2023 and continued to increase its overseas market – Signed 23GWh Agreement
MUNICH, June 25, 2023 /PRNewswire/ — On June 14-16, the European Smart Energy Expo hosted by the German Solar Industry Alliance was grandly opened in Munich, Germany. The world’s top energy storage company, EVE, presented its big LFP cell “Mr big”-LF560K at the exhibition and signed a strategic cooperation of 23GWh on the booth.
During the exhibition, EVE showcased comprehensive solutions for international customers, such as utility ESS, Telecom ESS, household ESS, Marine power, etc. At the same time, we held the “Next Generation ESS Cell for TWh -LF560K” themed new product launch, leading the new wave of energy TWh era.
It is reported that LF560K redefines ESS with the three advantages of “Easier, Safer and Super Economic”, which can effectively meet the trend of TWh era and solve the problems of management complexity, thermal runaway and economy in the era of large-scale power plants.
With years of practical application and good market feedback, EVE’s booth attracted many customers to communicate with us. Among them, the United States head energy storage integration enterprise Powin and American Battery Solutions (ABS) held a signing ceremony with EVE, reaching a total of 23GWh of strategic cooperation.
In this collaboration, EVE will provide part of the production capacity for Powin’s flagship 1850MWh Waratah superbattery to enhance its safety and performance. With the advent of the TWh era, Powin and EVE are also about to work together to build the first single energy storage system super GWh project.
In cooperation with ABS, EVE LF280K cells will be used in ABS’ new battery storage system, TeraStor™. The system is compatible with at least 160 different operating conditions at different multipliers and temperatures, requiring the highest standards and performance of the cells. With the support of EVE products, TeraStor™ has passed the reliability analysis test by Reliant Labs and completed UL9540A test, making it one of the most reliable energy storage systems on the market today.
Up to now, EVE has completed the layout of multi-form and multi-technology energy storage products, with full product solutions from cell, BMS, module to system, covering four major application fields: utility, telecommunication, household and marine. For different segments of the market, we provide the best adaptable solutions for different requirements such as product life, multiplier, safety, temperature control and cost.
In view of its excellent product strength and ultimate manufacturing capability, EVE has reached cooperation with BMW, Daimler, Hyundai, Jaguar Land Rover and other international car companies, and its overseas business expansion is gaining momentum. Recently, EVE has announced the construction of factories in Malaysia and Hungary, continuing to increase its overseas layout.
The appearance of EVE at THE SMARTER E EUROPE 2023 demonstrates its super strength of global layout and global delivery. In the future, EVE will continue to lead the direction of energy storage innovation, provide more cost-effective, more efficient and more stable energy storage solutions, to help sustainable development and build a green and low-carbon future.
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Blockchain Press Releases
Movement Network Foundation Announces Public Mainnet Beta Now Live with $250M+ TVL
Innovative day-one liquidity fuels the latest Move blockchain network launch
GRAND CAYMAN, Cayman Islands, March 10, 2025 /PRNewswire/ — The Movement Network Foundation, the organization dedicated to advancing MoveVM technology, today announced the successful launch of Movement Public Mainnet Beta, with an impressive $250M in at-launch Total Value Locked (TVL) from the Cornucopia program. This milestone enables permissionless smart contract deployment and user onboarding for the first time and allows everyone to freely build on and use Movement, the only Move-based chain that settles to Ethereum.
Cornucopia Deepens Liquidity
“Securing over $233 million in TVL through our Cornucopia program is a clear validation of the market’s confidence in Movement,” said Cooper Scanlon, Co-Founder of Movement Labs. “This level of day-one liquidity is exceptionally rare for a new network and gives us, our builders, and our community a significant advantage. It allows us to skip the months-long bootstrapping phase and immediately provide the foundation needed for meaningful DeFi adoption and utility.”
Cornucopia provides Movement Network with substantial day-one liquidity across BTC, ETH, MOVE, and stablecoin assets, addressing one of the primary challenges new networks face: the “cold start” problem. Developed with industry leaders including Concrete, Veda Labs, Echelon and Canopy, this robust financial foundation enables Movement to support sophisticated DeFi applications from day one.
Public Mainnet Beta Launch: Features
Movement Network is a secure and scalable network of Move-based chains secured by Ethereum, creating safer execution environments through the Move programming language originally developed by Meta to power safer, better digital economies. Movement is the Network’s first chain.
Public Mainnet Beta key features:
- Permissionless smart contract deployment
- Full user onboarding and engagement
- Attestations of block states will be committed to Ethereum as part of the Movement’s Fast Finality Settlement.
- Canonical Movement bridge via LayerZero
“With Public Mainnet Beta, developers can now deploy smart contracts without approval, and users can freely engage with the Movement ecosystem. This marks the beginning of a new chapter for Move-based technology, combining robust security and better performance with Ethereum’s network affects” added Rushi Manche, Co-Founder, Movement Labs.
The launch features the canonical Movement bridge powered by LayerZero, enabling users to seamlessly transfer MOVE (the network’s native gas token), USDT, USDC, wBTC, wETH, and more to the Movement chain.
The Movement Network Foundation will continue to launch additional features over time as the ecosystem evolves.
For more information about Movement Public Mainnet Beta, For more information about Movement’s Developer Mainnet, visit movementnetwork.xyz or follow @movementlabsxyz, @movementfdn, @moveecosystem @Move_Collective on Twitter.
About Movement Network Foundation
Movement Network Foundation is the driving force behind the Movement ecosystem, dedicated to fostering innovation and advancing the adoption of MoveVM technology. The foundation oversees the development of Movement Network, a next-gen solution built using MoveVM that settles to Ethereum. Through its MoveDrop program and ecosystem initiatives, the foundation supports developers, projects, and community contributors building decentralized applications. Learn more at movementfdn.xyz or follow @movementfdn on X.
MEDIA CONTACT:
Carmen Pearson
Head of PR & Communications
Movement Labs
[email protected]
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Blockchain Press Releases
Movement Network Foundation Announces REX-Osprey™ Funds Files for First U.S. Movement ETF as Public Mainnet Beta Launches
First Movement ETF Filing Will Provide U.S. Investors with Exposure to Movement Ecosystem
GRAND CAYMAN, Cayman Islands, March 10, 2025 /PRNewswire/ — The Movement Network Foundation, the organization dedicated to advancing MoveVM technology, today announced that REX-Osprey has filed for a new exchange-traded fund (ETF) focused on $MOVE. If approved, this ETF would be the first providing exposure to Movement through traditional financial rails. Simultaneously, the Foundation announced the successful launch of Movement Public Mainnet Beta, with $250M in at-launch Total Value Locked (TVL) from its Cornucopia program.
“This filing represents a historic moment not just for Movement, but for the entire Move landscape,” said Rushi Manche, Co-Founder of Movement Labs. “Breaking the pattern of ETFs limited to long-established cryptocurrencies opens doors for institutional capital to support next-generation blockchain innovation.”
“Traditional investors have expressed keen interest in gaining regulated exposure to emerging blockchain technologies without directly managing tokens,” noted Cooper Scanlon, Co-Founder of Movement Labs. “This ETF represents the convergence of innovative financial products with cutting-edge blockchain architecture.”
ETF Provides Traditional Market Access to $MOVE
The Move programming language, originally developed by Meta, empowers Movement developers to create more efficient, more secure smart contracts. If approved, the ETF would allow investors to gain exposure to Movement through traditional brokerage accounts and retirement vehicles without the technical complexities of direct token management.
Public Mainnet Beta Launches with Substantial Liquidity
Concurrent with the ETF filing announcement, Movement Network Foundation has successfully launched its Public Mainnet Beta with $250M in Total Value Locked (TVL). This day-one liquidity provides the network with immediate utility.
The Public Mainnet Beta enables permissionless smart contract deployment, full user onboarding, and Ethereum settlement. It gives users and builders the full benefits of Move and the MoveVM. Users can access the network through the canonical Movement bridge powered by LayerZero.
For more information about Movement Public Mainnet Beta, visit movementnetwork.xyz or follow @movementlabsxyz, @movementfdn, @moveecosystem @Move_Collective on Twitter.
About Movement Network Foundation
Movement Network Foundation is the driving force behind the Movement ecosystem, dedicated to fostering innovation and advancing the adoption of MoveVM technology. The foundation oversees the development of Movement Network, a next-gen solution built using MoveVM that settles to Ethereum. Through its MoveDrop program and ecosystem initiatives, the foundation supports developers, projects, and community contributors building decentralized applications. Learn more at movementfdn.xyz or follow @movementfdn on X.
MEDIA CONTACT
Carmen Pearson
Head of PR & Communications
Movement Labs
[email protected]
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Blockchain Press Releases
Market Needs a Stronger Boost than Trump’s Crypto Strategic Reserve: New Bybit x Block Scholes Crypto Derivatives Report
DUBAI, UAE, March 10, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest weekly crypto derivatives analytics report with Block Scholes as President Trump signed the executive order to establish a strategic BTC reserve on Thursday.
In the first week of March, crypto market movements suggested traders had digested the positive news and pulled towards bearish territories with a declining S&P 500 and growing skepticism surrounding ETH and SOL. This waning enthusiasm is evidenced by a notable increase in demand for short-term protective options as investors seek to mitigate potential risks in the evolving market landscape.
Key Highlights:
- Stable Funding Rates: Following President Trump’s announcement on Mar. 2, the spot prices of involved cryptocurrencies surged. However, funding rates for these assets have not reached extreme levels, remaining relatively stable compared to highs seen prior to Trump’s inauguration. This suggests a balanced demand for long positions, indicating subdued short interest in the market.
- Volatility in ETH Options: The enthusiasm surrounding ETH was quickly tempered as ongoing tariff discussions contributed to bearish market sentiment. This has resulted in a notable increase in realized volatility, surpassing options-implied levels. As traders seek protection, the market has seen a shift in short-term volatility towards puts, reflecting a cautious outlook.
- Decline in SOL Open Interest: The report also notes a decrease in open interest for Solana options at the end of February. Despite the inclusion of SOL in the proposed crypto reserve, open interest has not seen a corresponding uptick, with a majority of new positions still favoring calls, albeit at a lackluster pace.
Access the Full Report
For detailed insights, readers may download the full report.
#Bybit / #TheCryptoArk /#BybitResearch
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
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