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Binance Labs makes strategic investment in AltLayer

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SINGAPORE, Aug. 9, 2023 /PRNewswire/ — Binance Labs, the venture capital and incubation arm of Binance, has announced a strategic investment in AltLayer, a leading decentralized Rollups-as–a-Service (RaaS) provider for Web3 applications.

Nicola W., Investment Director at Binance Labs said: “Application-tailored rollups offer the security of Layer 1s and the customizability of appchains. However, a common issue with rollups today is that they mostly operate with centralized sequencers and create fragmented liquidity and userbase. We found AltLayer’s approach to facilitating the launch of application-tailored rollups via Beacon Layer an inspired take. Their core network offers several decentralization and interoperability properties much needed in a world of thousands of rollups. All this while dramatically cutting down time-to-market and encouraging rapid innovation and experimentation.”

AltLayer is an open and decentralized protocol for developers to launch highly scalable application-tailored rollups. It consists of a core network called the Beacon Layer that serves as a common sequencing, execution, and verification network for all rollups enshrined to it. Built on top of this protocol, AltLayer offers a no-code Rollups-as-a-Service launchpad that allows not only developers but beginners and all users to spin up a customized rollup within 2 minutes with only a few simple clicks.

The AltLayer protocol is designed for a multi-chain and a multi-VM world and comes with default support for EVM/WASM. AltLayer functions as a modular and pluggable scaling solution for all compatible chains.

Speaking on the investment, Dr. Yaoqi Jia, CEO, AltLayer said: “The rollup ecosystem is promising, and needs more eyes on it to flourish and expand. Just over the past year rollups and their impact on dApps have piqued the interest of the global developer community.  Our demos with on-chain games, NFT mint events, and SocialFi applications point to the massive value that can be unlocked from this “detachable” blockchain layer. We’re honored to have the strategic investment from Binance Labs, and look forward to strengthening the rollup world with their support.”

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AltLayer has collaborated with industry leaders like EigenLayer, Espresso, Celestia, Double Jump, Arbitrum, Linea, and Jump to build on rollup usability with the integration of key features. 

About AltLayer

AltLayer is a leading Rollup-as-a-Service (RaaS) solution provider, offering a range of products that fast-track the deployment of highly scalable decentralized applications. Most recently, the company launched an intuitive, no-code dashboard that enables everybody – be it developers, enthusiasts, or crypto newbies – to spin up a customized rollup within 2 minutes.

Under the RaaS umbrella, AltLayer offers ephemeral rollups for short-term event-driven applications; and persistent rollups, which are ideal for use cases with a longer lifespan. Our RaaS product can save considerable capital and years of development work for teams while encouraging innovation and rapid experimentation in Web3.

For further inquiries, please reach out via [email protected]

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About Binance Labs

As the venture capital arm and accelerator of Binance, Binance Labs has now grown to be worth over $9 billion. Its portfolio covers 200 projects from over 25 countries across six continents and has a return on investment rate of over 10X. Fifty of Binance Labs’ portfolio companies are projects that have gone through our incubation programs. For more information, follow Binance Labs on Twitter.

 

View original content:https://www.prnewswire.co.uk/news-releases/binance-labs-makes-strategic-investment-in-altlayer-301896625.html

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Blockchain Press Releases

HTX Ventures: DeepSeek Triggers AI’s “iPhone Moment”, Accelerating AI Agents into Real Crypto Use

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SINGAPORE, March 13, 2025 /PRNewswire/ — HTX Ventures recently released its latest research report, titled “DeepSeek Ignites AI’s ‘iPhone Moment’ as Agent Tokens Integrate into Real-World Crypto.” The report explores how DeepSeek’s use of pure reinforcement learning (RL) is transforming AI’s role in the crypto industry by boosting AI capabilities and cutting costs.

DeepSeek’s Emergence: AI-Powered Innovation Triggers Industry Transformation

In Q4 2024, the market saw a surge in top-tier AI Agents projects backed by Launchpads, driving a wave of asset issuance and quickly attracting capital and users. However, as the ICO rush began to subside, the hype in the AI Agents space had run its course. The market now urgently needed a catalyst to reignite growth.

DeepSeek’s breakthrough technology leverages pure reinforcement learning (RL) to enhance AI’s reasoning capabilities while significantly reducing costs. This advancement positions AI as a more effective partner for real-world applications, transforming the AI Agent sector. This progress could breathe new life into the Agent field and reshape the industry landscape.

The research report heralds DeepSeek’s debut as the “iPhone Moment” of the AI sector. Much like how the iPhone revolutionized the smartphone market, DeepSeek’s innovative technology is poised to lead a new era of crypto-tech development over the next few years.

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The Unique Value and Accelerating Growth of AI Agents

The AI Agents ecosystem consists of four main sectors:

  • AI Agent Frameworks: These serve as the core infrastructure for the AI Agents ecosystem, lowering development barriers and accelerating AI’s application. The Eliza project stands out with its technical innovations and sustainable business model.
  • AI launchpads serve as hybrid incubators and trading platforms in the crypto space, lowering entry barriers for AI Agent projects and accelerating their launch, funding, and promotion.
  • AI Agent meme coins, which blend AI and meme narratives, have strong potential to go viral, making them effective tools for rapid capital accumulation. Examples include BULLY from the Virtual ecosystem and TAOCAT and LLM from the Bittensor ecosystem.
  • AI Agent applications focus on the implementation and commercialization of the technology in real-world scenarios, covering areas such as automated trading, asset management, market analysis, and cross-chain interaction. Representative projects are GRIFFAIN, NEUR, and BUZZ. AI Agent applications are expected to become the most promising segment in the sector.

The report emphasizes that deep expertise and resilience are vital for the success of AI Agent teams. Teams like Virtual, SEKOIA, ai16z, and Swarm have proven this through their perseverance and dedication. Additionally, product usability is a critical factor in driving user adoption and widespread acceptance in the crypto market.

2025: The Maturation of Crypto Combining with Agents, Where Revenue and User Adoption Drive Value

As the AI Agents market matures, it’s transitioning from a narrative-driven phase to one where value is based on data and revenue. The success of AI Agent projects will no longer be dictated by hype or the founding team’s pedigree but by their ability to achieve sustainable profitability and address real user needs through innovation.

Directions that deserve future attention:

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  • Multi-Agent Systems and DeFAI (Decentralized Finance + AI): These sectors showcase AI’s tremendous potential for complex decision-making and financial automation, signaling long-term growth.
  • Core Framework Updates: It’s essential to monitor the ongoing evolution of critical frameworks like Eliza and ARC, as their upgrades could create entirely new applications and business models.
  • New Infrastructure Projects: AI models, data layers, and computing infrastructure tailored for the crypto ecosystem will be foundational to supporting the next-gen AI Agent ecosystem.

As a leading investment institution, HTX Ventures has consistently aligned its strategy with market trends. From backing DeepSeek to supporting AI Agents tokens, HTX Ventures sees tremendous potential in the synergy between AI and blockchain technologies, investing and positioning itself for the next wave of innovation. As AI and crypto technology converge, more opportunities and challenges knock. HTX Ventures is committed to driving further technical advancements, helping shape the future of the industry.

Read the full report here:https://square.htx.com/wp-content/uploads/2025/03/deepseek-triggers-ais-iphone-moment-accelerating-ai-agents-into-real-crypto-use.pdf

About HTX Ventures

HTX Ventures is the global investment arm of HTX, integrating investment, incubation, and research to identify and discover the best and most innovative projects in the market. Visit us here.

Feel free to contact us for investment and collaboration at [email protected]

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Blockchain Press Releases

DeriW Testnet Launch Sets New Standards in Decentralized Derivatives Trading

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HONG KONG, March 13, 2025 /PRNewswire/ — DeriW, the world’s first zero-gas-fee decentralized perpetual exchange operated by CoinW, has officially launched its public testnet, marking a pivotal step toward a new era of DeFi derivatives trading. This testnet isn’t a generic trial run – it’s a full-featured preview of DeriW’s high-performance, user-centric platform, designed to demonstrate concrete improvements in usability, speed, and security. Early users and developers can now experience lightning-fast trades, up to 100x leverage, and robust security measures in a realistic environment as DeriW prepares to challenge industry incumbents.

A Closer Look at the Testnet: Usability, Performance & Security

DeriW’s testnet is engineered to feel like a production-ready exchange. Usability is key: traders can quickly connect their self-custody wallets and begin trading cryptocurrencies like Bitcoin and Ethereum with up to 100x leverage and a low 0.02% transaction fee. The platform offers multiple order types (market, limit, take-profit, stop-loss) and a diverse selection of tokens, from major assets to emerging projects. With its zero gas fee model, DeriW eliminates blockchain transaction costs, enabling rapid order placement and frictionless trading—comparable to centralized exchanges.

On the performance front, the DeriW testnet showcases the platform’s cutting-edge infrastructure. Built on the Arbitrum Orbit Layer 3 network (DeriW Chain), it leverages optimistic rollup technology and a custom WASM/Geth-based architecture. In practical terms, this translates to extremely high throughput and low latency. With a capacity of up to 80,000 transactions per second, testnet traders can execute orders smoothly with minimal latency, ensuring the platform stays responsive even during intense trading activity.

Security measures are woven deeply into the testnet’s design, reflecting DeriW’s priority on protecting users. By building on Arbitrum’s L3, DeriW inherits Ethereum’s battle-tested security properties and decentralization while adding its own enhancements. All trades and collateral remain on-chain under users’ self-custody, eliminating the custodial risks found in centralized exchanges. To further harden the platform, DeriW launched a comprehensive bug bounty program in tandem with the testnet. Security researchers and users are incentivized with bounties ranging from 100 to 100,000 $DER tokens for identifying vulnerabilities. Additionally, the testnet operates with a closed-fund liquidity mechanism and an automatic risk recalibration system that ensure stability even under extreme market conditions. These concrete measures give testnet participants confidence that the platform’s performance comes without compromising safety.

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How DeriW Stacks Up

In an increasingly competitive DeFi derivatives arena, DeriW’s testnet is already demonstrating unique advantages over other leading platforms’ test networks:

  • Gas Fees & Trading Costs: DeriW distinguishes itself with its zero gas fee model. Every trade on DeriW’s testnet is executed without on-chain transaction fees, which is a stark contrast to many competitors. DeriW’s approach of truly on-chain, gas-free trading gives it an edge in user experience – traders get the convenience of a CEX-like feel without sacrificing on-chain transparency.
  • Performance Throughput: When it comes to raw speed, DeriW sets a high bar, delivering up to ~80,000 TPS—exceptional among decentralized exchanges. In comparison, some newer standalone-chain DEXs offer around 10,000 TPS—better than legacy Ethereum-based platforms but only an eighth of DeriW’s capability. This firmly places DeriW among elite, next-generation exchanges that support high-frequency trading at scale. Notably, DeriW achieves this impressive throughput while remaining fully EVM-compatible and secured by Ethereum, powered by the Arbitrum Orbit framework—a key differentiator validated by real user conditions on its testnet.
  • Leverage and Trading Features: High leverage is a hallmark of derivative exchanges, and DeriW doesn’t disappoint. It offers up to 100x leverage on major trading pairs, which is higher than most decentralized competitors. By providing 100x, DeriW is catering to a segment of traders who seek higher risk-reward profiles, similar to offerings on some centralized futures exchanges. Importantly, DeriW couples this with advanced order types (stop-loss, take-profit, etc.) on the testnet, ensuring traders have tools to manage the risk that comes with high leverage. This combination of flexibility and control is critical – and DeriW is showing that even in a testnet environment, users can practice sophisticated trading strategies that rival those on established platforms.
  • Liquidity Model & Price Execution: Perhaps the most innovative aspect differentiating DeriW is its Pendulum AMM liquidity pool. Unlike traditional order books or static AMMs with oracles, DeriW’s pool dynamically adjusts liquidity based on traders’ positions. This “pendulum” approach optimizes asset utilization in real-time, supporting volumes beyond initial capital, reducing slippage, and providing deeper liquidity. While orderbook-based DEXs rely on market makers—vulnerable to slippage during volatility—DeriW’s closed-fund model and automatic risk recalibration ensure solvency and stability, combining order-book depth with AMM efficiency.
  • Security and Decentralization: All leading DeFi derivatives platforms prioritize security but use different approaches. Some rely on decentralized validators, others utilize their own consensus mechanisms with federated validators, and another inherits security from Arbitrum Layer 2. DeriW leverages Ethereum’s robust security via Arbitrum’s rollup, enhanced by its unique UBPK (Unstolen Browser Private Key) mechanism that ensures private keys remain securely stored within user browsers.

Benchmarks and Performance Metrics in Context

Thanks to Arbitrum Orbit’s efficient consensus and block production, DeriW’s block time is expected to be on the order of a second or less, which is similar to other DEXs 0.2s block time advantage. Achieving near-instant finality is crucial for traders who might otherwise worry about timing and MEV (Maximal Extractable Value) issues. Although detailed latency stats are still being gathered, the user experience goal is clear: make on-chain trading on DeriW feel as immediate as trading on a centralized platform.

Another important metric is uptime and reliability during the test. The DeriW team is closely monitoring system uptime and recovery from any crashes or network issues. A robust exchange must handle network spikes, degraded conditions, or attacks without downtime. By publishing these performance metrics and comparing them with industry standards, DeriW intends to demonstrate transparently where it stands. So far, the absence of gas fees and high throughput capacity on testnet have enabled continuous trading even when simulating thousands of concurrent users – something that might clog less scalable testnets. The platform is also tracking how its automatic risk controls (like the pendulum mechanism) perform quantitatively: e.g., maintaining targeted liquidity levels, keeping slippage near zero, and ensuring the funding rates and PnL (profit and loss) for liquidity providers stay within expected bounds. These technical benchmarks, once validated on testnet, will serve as proof points that DeriW can handle real-world volumes and stress when it goes live.

Expected Outcomes & Next Steps Before Mainnet Launch

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The testnet phase is not just a demo for DeriW – it’s a critical period for learning and refining. The main goals include collecting user feedback on the trading interface and features, uncovering any bugs or security vulnerabilities, and optimizing the platform’s performance under realistic conditions.

DeriW is actively analyzing user interactions with its new liquidity model (including preferred leverage levels, popular trading pairs, and responses to zero fees) to refine fee structures and risk management. Incentive initiatives, such as the Supernova event, serve both as promotional tools and practical stress tests to ensure the platform performs reliably under high trading volume.

Feedback collected through community channels will directly guide improvements, prioritizing user-identified issues in ongoing development sprints. By Q2 2025, DeriW plans to transition from testnet to mainnet alongside the $DER Token Generation Event (TGE), officially launching its economic and governance models. Prior to mainnet launch, the team will thoroughly fine-tune smart contracts, bolster infrastructure, and enhance the user interface based on insights gained from testnet users.

The roadmap beyond mainnet is ambitious: by Q3 2025, DeriW plans to introduce a professional-grade API for algorithmic traders and support custom trading pairs. By Q4 2025, the goal is to cultivate a global trading community and further improve the user experience through community-driven enhancements—all built upon the foundation established during the testnet.

Engaging the Community and Conclusion

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DeriW actively keeps the community engaged and informed with regular testnet updates, transparent performance metrics, and ongoing social media interaction. Early testnet adopters gain not only rewards but also valuable firsthand experience, positioning them advantageously for the mainnet launch. Backed by the seasoned CoinW exchange group, the meticulous approach to this testnet demonstrates readiness for prime time.

DeriW’s testnet isn’t just another generic launch—it’s a bold demonstration of innovation, combining proven DeFi strengths with fresh enhancements. By benchmarking against industry leaders, DeriW signals its ambition to lead in decentralized trading. The coming months will be critical, but current progress suggests DeriW is well-positioned to convert testnet success into a transformative mainnet launch. Stay tuned as DeriW moves from testnet to mainnet, carrying forward the insights and confidence gained during this trial by fire.

About DeriW  

DeriW is the first zero-gas-fee decentralized perpetual contract exchange, blending Ethereum’s security with Layer 3 scalability to deliver CEX-like efficiency in a decentralized framework. Operated by CoinW’s seasoned fintech team, it redefines trading with 80,000 TPS throughput, ensuring speed, transparency, and trustless execution.   

Website: www.deriw.com 
Twitter: @deriwfi 
Telegram: https://t.me/deriwfinance
Discord: https://discord.com/invite/deriwfinance 

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Blockchain Press Releases

$1.5 Million Prize Pool Up for Grabs: CoinW Launches Season 2 of the LALIGA Trading Challenge

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DUBAI, UAE, March 13, 2025 /PRNewswire/ — CoinW, a global leader in cryptocurrency exchange, is thrilled to announce the launch of Season 2 of the LALIGA Trading Challenge, as part of its landmark partnership with LALIGA, Spain’s premier football league and a global symbol of sporting excellence.

Where Crypto Meets Football: Trade Like a Champion, Win Like a Pro

Following the overwhelming success of the first season, the total prize pool has now been boosted by 50% to a massive $1.5 million, offering users even more ways to win. With a mix of yield battles, trading volume rewards, lucky draws, and passive income opportunities, this competition is designed to make every trade count — whether you’re a seasoned trader or just getting started.

This campaign is another bold step in the CoinW x LALIGA alliance, combining the high-intensity world of football with the strategic thrill of crypto trading. Just as LALIGA delivers non-stop action on the pitch, CoinW delivers a high-stakes arena for traders worldwide.

“LALIGA stands for passion, excellence, and elite competition — values that resonate strongly with our trading community,” said the head of marketing of CoinW. “With this challenge, we’re bringing that same energy to the world of crypto, where every trade is a chance to shine.”

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Highlights of the Competition: Four Ways to Win Big

1. Futures ROI Battle – $500,000 in Rewards for Top Traders

Trade CoinW’s USDT-margined perpetual futures and climb the ROI leaderboard. The top 300 traders will split a $500,000 prize pool, with the first-place winner receiving $40,000 USDT in mega coupons and $50,000 USDT in super bonuses.
Fair Play Note: In case of identical ROIs, higher trading volume takes priority in rankings.

2. Spot & Futures Volume Challenge – Up to $10,000 Per User

Not just about ROI — total volume matters too. With seven volume milestones from $500K to $100 million USDT, users can unlock escalating rewards.

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For example:

  • Reach $500K in futures trading = $50 USDT reward
  • Reach $100M in total trading = $10,000 USDT reward

3. Lucky Draw – 100% Guaranteed Prizes, Up to 31 Chances Per User

Every participant gets at least one prize, and every additional trade brings you closer to more rewards:

  • 1 draw for signing up
  • +1 draw for every $20K USDT in futures or $5K USDT in spot volume
  • Max 5 draws per day; up to 31 total chances
    Prizes include: gold bars, LALIGA merch, mega coupons, DOGE tokens, and more!

4. Passive Income Boost – 6.8% Yield + Surprise Airdrops

Buy & hold with CoinW Earn products (USDT, BTC, ETH) to enjoy:

  • Fixed annualized yield up to 3%, plus
  • Airdrop bonuses worth up to 3.8% in trending tokens
  • Extra rewards up to $25 USDT based on your total subscription amount

New Season, New Rewards — Start Trading Today

This challenge is more than a competition — it’s a celebration of community, strategy, and opportunity. Whether you’re in it for the thrill of trading or the chance to win exclusive LALIGA rewards, there’s something for everyone.

  • Eligibility: Open to all global users with a minimum total trading volume of $5,000 USDT
  • Registration Required: Only trades made after signing up on the event page will count
  • Duration: March 10April 10, 2025
  • Reward Distribution: Within 10 working days after the event; physical rewards require prompt delivery information

Join the LALIGA Trading Challenge Now and Win Your Share of $1.5 Million!

Website: https://www.coinw.com/   

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X Officialhttps://x.com/CoinWOfficial  

Telegram: https://t.me/coinwoff   

Instagram Official: https://www.instagram.com/coinwofficial  

YouTube Official: https://www.youtube.com/@CoinWOfficial   

Linkedin: https://www.linkedin.com/company/coinwofficial/ 

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