Blockchain Press Releases
PVcase Secures $100M Investment To Support Its Mission: Cut Solar’s Growing “Data Risk” Challenge
Round led by investment funds Highland Europe, Energize Ventures and existing investor Elephant underscores critical need for disruptive technology solutions to propel rapidly growing demand for new solar projects
VILNIUS, Lithuania, July 17, 2023 /PRNewswire/ — PVcase, the global leader in solar project design software, announced today it has secured a joint investment of $100 million, bringing the company’s total funding to over $123 million. Highland Europe, Energize and existing investor Elephant all participated in the round.
Despite considerable resources already invested in the solar market, the solar engineering industry lacks the digitization needed to keep pace with demand. As the leading solar design solution PVcase is making solar project design faster, more efficient, and precise while solving the solar industry’s growing problem of “data risk.”
Data risk arises from a chain of factors. Utility-scale solar’s rapid global growth has made qualified designers and engineers scarce, growing developers’ use of software to automate tasks in design and ongoing operations. Yet data sources for that software – particularly in Europe – are in older formats, such as PDFs and hard copy records. And most solar software platforms were designed independent of each other, built to automate only a handful of tasks.
As a result, developers must now use as many as 70 different data sets, most with fields of data that must be manually matched when moving from one software platform to the next. These multiple, time-consuming and customized transfers inevitably degrade data quality, creating data risk.
“Data risk is a technical problem that has become an industry-wide constraint,” said PVcase CEO David Trainavicius. “We plan to use this investment to drive more cost and time savings by offering a one-stop solar design platform.”
PVcase aims to cover every step in the design and operations process in a single platform and this investment comes on the heels of the company’s recent acquisition of solar siting leader Anderson Optimization. The two platforms’ data fields have already been matched, enabling transfer with a few mouse clicks. PVcase also introduced Anderson Optimization software to the European market, first covering Germany, Spain and the UK. PVcase estimates that European developers will be able to cut their project design process from weeks to roughly 20 minutes.
The merged product line carries a significant number of benefits. Trainavicius said the biggest is ensuring developers only spend time and resources on viable sites
“Good, streamlined data across the design and construction lifecycle is the fuel we need to keep the renewable energy transition moving toward a cleaner future. We need to advance solar operations fully into the digital age by reducing data risk. We’re making this investment so PVcase can lead the industry to a solution,” said Irena Goldenberg, Partner at Highland Europe.
“The utility-scale solar industry is poised for explosive global growth in the coming years, yet it currently lacks the digital tools needed to meet the demand of the market,” said John Tough, managing partner of Energize Ventures and now a member of the PVcase board of directors. “Software solutions aimed at automating solar workflows and increasing data integrity are required for the market to become profitable and scalable. After getting to know the PVcase team, product and customers over the last two years, Energize is confident that PVcase is the software the industry needs to unlock its growth potential.”
All three investment funds said they invested in PVcase because its strong financial performance has positioned it to acquire other software platforms in pursuit of its long-term goal of being a one-stop solution for the solar engineering community.
The company has operated almost exclusively from its revenue stream while expanding into 75 countries. This enabled it to build earlier investments into a significant cash reserve to use in upcoming acquisitions.
“In utility-scale solar design and construction, the physical output can only be as good as the software and data inputs. PVcase is building the leading end-to-end solution in the category, allowing its customers to more effectively design and develop scaled solar projects,” said Peter Fallon, General Partner at Elephant. “The Company is growing rapidly and capital efficiently, and we are excited to continue to back the team.”
“For solar data, there are no standards for how much to collect, when and how often to collect it, and what the data should cover,” said PVcase Chief Commercial Officer Douglas Geist. “PVcase’s momentum won the confidence of these investors that we can address this challenge.”
About PVcase
PVcase is a next-generation PV software-as-a-service company. Driven by world-class engineering and a cutting-edge development team, PVcase is helping power the energy transition by making solar project design faster, more efficient and more precise.
We give design teams the confidence that they can manage the risk to data quality as they use different software platforms for individual tasks in the design process – what we call “data risk.” That’s why PVcase products are the top choice of solar design professionals and development companies in 75 countries. Apart from the acclaimed Ground Mount tool, the company also offers PVcase Roof Mount and Yield software.
Website: www.pvcase.com / LinkedIn: PVcase / Twitter: @wearepvcase / Instagram: @wearepvcase
View original content:https://www.prnewswire.co.uk/news-releases/pvcase-secures-100m-investment-to-support-its-mission-cut-solars-growing-data-risk-challenge-301879020.html
Blockchain Press Releases
Bybit Confirms Security Integrity Amid Safe (Wallet) Incident – No Compromise in Infrastructure
DUBAI, UAE, Feb. 26, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today issued an important update to the community on the ongoing forensic investigation into the recent security incident. Our preliminary findings reaffirm the integrity of Bybit’s infrastructure while providing crucial insights into the nature of the attack.
The forensic review into the targeted attack by the Lazarus Group concluded that the credentials of a Safe developer were compromised. This allowed the attacker to gain unauthorized access to the Safe(Wallet) infrastructure and totally deceive signers into approving a malicious transaction.
Bybit had engaged third-party forensic experts, including Verichains and Sygnia Labs, to conduct an independent review. Both forensic experts have found no indications of any compromise within Bybit’s infrastructure as confirmed in SAFE’s own statement relating to the compromise of its own environment.
Full report can be downloaded here: https://docsend.com/view/s/rmdi832mpt8u93s7
Bybit’s Immediate Response and Future Measures
Bybit had moved the majority of funds out of its Safe Wallet administered addresses on the day of the incident. Ensuring the safety and security of our users remains our top priority. We actively evaluate alternative wallet solutions for custody that meet the highest security standards.
Bybit is and remains 100% secure. Our preliminary forensics experts have concluded that our infrastructure was not compromised. We will continue to enhance our security measures and collaborate with top security experts to uphold our commitment to user safety.
Statement from Ben Zhou, Co-founder and CEO of Bybit:
“Bybit remains steadfast in our commitment to security and transparency. The preliminary forensic review finds that our system was not compromised. While this incident underscores the evolving threats in the crypto space, we are taking proactive steps to reinforce security and ensure the highest level of protection for our users.”
#Bybit / #TheCryptoArk
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]
For updates, please follow: Bybit’s Communities and Social Media
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-confirms-security-integrity-amid-safe-wallet-incident–no-compromise-in-infrastructure-302386304.html
Blockchain Press Releases
Compass Mining Expands with 20 MW Hydro-Cooled Bitcoin Mining Facility in North Dakota
5.5 MW of the Next-Generation Antminer S21 Hydro Machines Already Energized for Institutional Client
WILMINGTON, Del., Feb. 26, 2025 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, is pleased to announce the launch of a new 20-megawatt (MW) Bitcoin mining facility in North Dakota. The facility is equipped with the water-cooled Antminer S21 Hydro machines, with 5.5 MW of capacity already energized by Compass. The remaining machines will be phased in over the coming months to meet growing demand from Compass’s clients.
This expansion allows Compass to immediately provide hosting services to both institutional investors and individual miners. Effective immediately, customers purchasing machines through Compass’s platform—starting with a minimum order quantity (MOQ) as low as one unit—will have the option to deploy them at the “North Dakota 2″ site.
“Our continued expansion of both self-owned and partner-operated facilities reflects our commitment to offering flexible and efficient Bitcoin mining solutions,” said Shanon Squires, Chief Mining Officer at Compass Mining. “The introduction of hydro-cooling technology provides our clients with a more powerful and energy-efficient mining option while ensuring long-term machine durability.”
The newly energized 5.5 MW of power capacity consists of 1,000 units of the Antminer S21 Hydro, the newest generation of bitcoin mining machines. These machines use advanced water blocks to dramatically improve cooling efficiency compared to traditional air-cooled systems. This results in increased processing power, reduced energy consumption, and a more stable operating environment, minimizing downtime and maximizing long-term performance.
Compass Mining’s strategic approach combines self-owned facilities, such as its recent Iowa 4 site, with high-uptime third-party partnerships to maximize operational reliability. In 2024, Compass energized approximately 50 MW of mining capacity across sites in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas, reinforcing its position as the leading provider of hosting and operational solutions for bitcoin mining.
About Compass Mining
Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io.
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View original content:https://www.prnewswire.co.uk/news-releases/compass-mining-expands-with-20-mw-hydro-cooled-bitcoin-mining-facility-in-north-dakota-302385717.html
Blockchain
Prague Gaming & TECH Summit 2025 – Day 1 Preview: A Deep Dive into Innovation, Compliance, and Technology
The Prague Gaming & TECH Summit 2025 is set to be a defining event in the gaming, technology, and fintech industries. With a robust lineup of expert-led discussions, networking opportunities, and cutting-edge insights, the summit provides an essential platform for professionals looking to stay ahead in this rapidly evolving space.
Day 1 of the event will feature a mix of regulatory and compliance discussions, industry innovations, and technological advancements that are shaping the future of gaming, fintech, AI, blockchain, and digital marketing.
Starting the Day with Focus and Energy
Morning Yoga – The day begins with an exclusive Morning Yoga Session, designed to recharge the body and sharpen the mind. With a full day of panels and networking ahead, this session offers a moment to reset, stretch, and prepare mentally for the engaging discussions that follow.
Registration & Networking – Attendees will gather in the foyer to pick up their badges and start networking. With industry professionals from across the world in attendance, this early morning session sets the tone for valuable connections and collaboration.
Compliance & Operations Hub – Exploring Regulatory Frameworks and Market Trends – Conference room 1: (OPAL + TOPAZ)
Czech Market Update 2025
Regulatory trends are at the forefront of discussions in the gaming industry, and this session will provide a deep dive into compliance challenges, legal frameworks, and emerging opportunities within the Czech market.
Panelists:
- Jakub Kolomicenko
- Petr Kozák
- Jan Urbanec
Moderator: Dr. Robert Skalina
Navigating the Maze: iGaming Compliance Across CEE
The Central and Eastern European (CEE) gaming landscape presents a mix of opportunities and challenges as different countries implement diverse regulatory policies. This panel will focus on the key legal and operational considerations in markets such as Czechia, Romania, Croatia, and Slovenia.
Panelists:
- Džangar Jesenov
- Andrei Cosma
- Petruș Partene
- Jasmina Poglavc
- Damir Hasaković
Moderator: Dan Iliovici
Nordic Horizons: iGaming & TECH Insights (Sponsored by Nordic Legal)
The Nordic region is known for strong gaming regulations and a forward-thinking approach to technology. This panel will examine how the Nordic markets are evolving, the impact of new regulations, and how technology is driving innovation.
Panelists:
- Gustaf Hoffstedt
- Pekka Ilmivalta
- Alexis Wicén
Moderator: Alexis Wicén
Fireside Chat with Planzer Law
A returning highlight of the Prague Gaming & TECH Summit, the Fireside Chat with Dr. Simon Planzer provides a candid and insightful discussion about the current state of global gaming regulations and the future of compliance.
Moderator: Dr. Simon Planzer
Licensing Pitfalls: How to Get It Right in Emerging Markets (IMGL Masterclass)
For companies looking to expand into emerging gaming markets, understanding licensing requirements and regulatory hurdles is crucial. This masterclass, led by top legal experts, will guide operators on avoiding common mistakes and securing licenses efficiently.
Panelists:
- Quirino Mancini
- Dr. Alexandra Körner
- Dr. Joerg Hofmann
- Alon Segev
Moderator: Jaka Repanšek
Responsible & Sustainable Gaming: Compliance, ESG & Player Protection
The iGaming industry is increasingly being shaped by responsible gaming initiatives, corporate responsibility, and ESG (Environmental, Social, and Governance) strategies. These two panels will address best practices for sustainable gaming and how businesses can balance compliance with player protection.
Panelists (Part 1):
- Alina Tace
- William J. Pascrell, III, Esq
- Jan Řehola
- Dan Iliovici
Panelists (Part 2):
- John Chyriwsky
- Dr. Alexandra Körner
- Carl Ørnstrup
- Trevor De Giorgio
Moderator: Pieter Remmers
D-A-CH Compliance Deep Dive: Striking the Balance Between Regulation and Innovation
Germany, Austria, and Switzerland (D-A-CH) represent some of the most regulated gaming markets in Europe. This session will explore how companies can navigate legal frameworks while fostering innovation and growth.
Panelists:
- Dr. Simon Planzer
- Filip Sosnowski
- Mark Dieckmann
- Dr. Arthur Stadler
Moderator: Dr. Joerg Hofmann
TECH Trends, Innovation & Marketing Mastery Hub – The Future of iGaming & Technology – Conference room 2: (QUARTZ + SAPPHIRE)
The Rise of AI in Gaming
Artificial Intelligence is reshaping the gaming industry, from game development and personalized experiences to fraud detection and responsible gaming measures. This panel will explore AI’s potential risks, opportunities, and future developments in the sector.
Panelists:
- Dmitry Starostenkov
- Štěpánka Havlíková
- Raid Arfua
- Bernd Henning
- Thomas Aigner
Moderator: Stanislaw Szosztak
Google Penalties Explained – Ex-Google Engineer Tells All
SEO remains a key driver of traffic and visibility in the gaming industry, and avoiding Google penalties is essential. Ex-Google engineer Fili Wiese will provide insider knowledge on how Google applies penalties, how to recover from them, and SEO strategies to stay ahead.
Presented by: Fili Wiese
Keeping the iGaming Spirit Alive
The iGaming industry has evolved significantly over the years, but its early days (2007-2015) were marked by creativity, risk-taking, and a strong sense of community. This panel will take a nostalgic yet insightful look at the bold ideas, groundbreaking marketing strategies, and industry-defining moments that shaped the sector. The discussion will also explore how today’s gaming professionals can keep that innovative spirit alive, ensuring the industry continues to thrive with fresh perspectives and unconventional thinking.
Panelists:
- Becky Liggero Fontana
- Sarah Blackburn
- Michael Caselli
- Wojciech Trzaska
Moderator: Sönke Kirchhof
Beyond Translation: How AI is Redefining iGaming Localization (Keynote)
As the iGaming industry expands globally, delivering accurate, high-quality, and compliant multilingual content has never been more important. This keynote will examine the transition from traditional human-only translation workflows to AI-assisted localization, highlighting the benefits of a human-in-the-loop approach. Attendees will gain insights into how AI streamlines localization while ensuring cultural accuracy and regulatory compliance, as well as what the future holds for AI-powered linguistic solutions in gaming.
Presented by: Tiago Aprigio
Future-Ready Cloud Solutions: Winning in Regulated Markets (Keynote / Workshop)
For gaming operators looking to expand into new markets while meeting strict regulatory requirements, cloud solutions are becoming an essential tool. This workshop will provide real-world case studies showcasing how companies are accelerating market entry, reducing operational costs, and maintaining compliance across multiple jurisdictions. Attendees will learn about best practices for infrastructure design, how to scale operations efficiently, and ways to avoid common regulatory pitfalls in the ever-changing gaming landscape.
Presented by: Matteo Gabrielli
Blockchain Revolution: Unlocking the Potential of Web3
Web3 and blockchain technologies are disrupting traditional business models. This panel will examine how decentralized platforms, digital identities, and blockchain innovations are shaping the future.
Panelists:
- Andrei Cosma
- Anna Agu
- Dr. Joseph F. Borg
- Dr. Dean Rakic
- Jakub Tesař
Moderator: Becky Liggero Fontana
The Fintech Connection: Payment Innovations Driving Seamless Player Experiences
Fintech is playing an increasingly vital role in the gaming industry, reshaping how players interact with platforms through faster, more secure, and user-friendly payment solutions. This panel will explore the latest advancements in digital payments, instant transactions, cryptocurrency integration, and mobile wallets, all of which are enhancing player satisfaction and retention. As the demand for seamless financial interactions grows, this discussion will highlight how operators can leverage fintech innovations to stay competitive in a rapidly evolving digital economy.
Panelists:
- Martina Hanusová
- Viktoria Soltesz
- Saulius Racevicius
- Dr. Joseph F. Borg
Moderator: Anna Agu
The Future of SEO: AI-Driven Strategies & Multichannel Marketing
The role of SEO in iGaming is evolving, integrating AI-driven content creation, social media marketing, voice search, and paid advertising. This session will explore how AI is transforming SEO and whether companies should fully embrace it or proceed with caution.
Panelists:
- Izabela Janczak (Izzy)
- Filip Janczak
- Chris Mawson
- Sean Bianco
Moderator: Andy Blackburn
Endorphina Club & GamingTECH CEE Awards 2025 – An Evening of Networking and Celebration
The day concludes with the Endorphina Club & GamingTECH CEE Awards 2025 Ceremony, an exclusive networking event and awards night celebrating outstanding achievements in gaming and technology. Hosted by Endorphina, this gathering provides a prime opportunity for industry professionals to network, collaborate, and celebrate success.
Secure Your Spot at Prague Gaming & TECH Summit 2025
Don’t miss your chance to be part of one of the most influential gaming and tech events in Europe. Join industry leaders, innovators, and decision-makers for insightful discussions, networking opportunities, and cutting-edge trends in iGaming, AI, fintech, blockchain, and compliance.
Register now to gain access to expert panels, interactive workshops, and exclusive networking events that will shape the future of gaming and technology.
Register Today and be part of the conversation!
Conclusion: A Packed First Day at Prague Gaming & TECH Summit 2025
With a diverse lineup of regulatory insights, AI-driven discussions, blockchain advancements, and SEO strategies, Day 1 of the Prague Gaming & TECH Summit 2025 is packed with valuable content and networking opportunities. Attendees will leave with actionable insights, meaningful connections, and a deeper understanding of the industry’s future.
Stay tuned for Day 2 highlights and join the conversation using #Prague2025.
The post Prague Gaming & TECH Summit 2025 – Day 1 Preview: A Deep Dive into Innovation, Compliance, and Technology appeared first on News, Events, Advertising Options.
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