Blockchain Press Releases
Paddle introduces Paddle Billing to boost growth for ambitious SaaS companies; exceeds $1 billion in payments processed annually
- New set of billing-focused APIs will enable SaaS businesses to better monetise their products, localise pricing and introduce new subscription models
- Upgrades to the platform come as Paddle passes $1 billion in annual gross merchandise value
LONDON, Aug. 9, 2023 /PRNewswire/ — Paddle, the payments infrastructure provider for SaaS companies, has today announced Paddle Billing, a new set of APIs and features that will help businesses upgrade their billing capabilities and in turn increase revenue and retain more customers.
Announced at the company’s product event Paddle Forward, Paddle Billing marks a major step forward for Paddle’s core Merchant of Record (MoR) offering, introducing new developer-friendly features and tools to help the company’s 4,000 customers scale while delivering a more seamless, flexible experience.
Today’s announcement comes as Paddle celebrates another significant milestone. The company now processes over $1 billion in payments annually, an achievement reached within 11 years of the business being founded in 2012.
The new normal for SaaS
After multiple years of extremely rapid growth, partly driven by the pandemic, the SaaS industry has now entered a new normal.
According to Paddle’s data, SaaS businesses are still growing but churn rates remain 10% higher than last year, driven by enterprise cost cutting, rising interest rates and tighter budgets, making effective retention strategies more important than ever. With software companies also looking to reduce costs and make sure engineering resources are deployed where they can add the most value, they want to be able to make sure their teams are focused on developing new products rather than building and maintaining payments infrastructure and billing stacks.
In this environment, SaaS businesses have to be smarter than ever about how they scale and where they spend.
Futureproof revenue
Paddle Billing addresses these challenges by introducing a range of enhancements and functionality improvements designed to help SaaS companies grow sustainably at a time of rising churn and constrained developer resources.
Through a new set of developer-friendly APIs, Paddle’s customers will be able to integrate the platform into their payments stack more easily than ever, and take advantage of new features including:
- More ways to accept and manage payments with less friction, thanks to new webhooks providing real-time payment updates and a single API that integrates seamlessly with CRM and ERP platforms and accounting software.
- Tailored billing plans for different customer segments, including flexible multi-product subscriptions, complex pricing models, and bespoke discounts.
- Hyperlocalised payments, including the power to set pricing at regional levels and not have one-plan-per-currency. Paddle is the only solution provider on the market to offer this.
As well as reducing costs and increasing efficiency for SaaS businesses, Paddle Billing improves the developer experience by prioritising frictionless integration and total customisation. It also offers Paddle developers the simplest route to hybrid billing, which allows SaaS companies to charge for subscriptions via credit card and invoice, preventing the fragmentation of customer data and enables them to move seamlessly between sales-assisted billing and a self-serve, product led growth (PLG) approach.
Jimmy Fitzgerald, CEO of Paddle, commented:
“In this ‘new normal’ for the SaaS market, growth may have slowed but there is still significant demand and plenty of growth potential for businesses of all sizes. However, the ‘growth at all costs’ era is over and businesses must be strategic about how they capture and retain revenue. Billing and payments should be a fundamental part of any sustainable growth strategy, but it can be extremely complex and resource-intensive for SaaS businesses to build and manage at scale.
Our priority at Paddle has always been to turn payments into a true growth lever for SaaS businesses, which is why we’re enhancing our Merchant of Record offering and making it easier than ever for sellers to integrate into our platform with the launch of Paddle Billing. This is our simplest, most customisable and most developer-friendly offering to date and we’re excited to see the impact it can have for our customers to help them reduce churn and drive growth.”
Christian Owens, Founder and Executive Chairman of Paddle, commented:
“We founded Paddle in 2012 to build a software business for other software businesses. We made it our mission to remove the operational barriers that have historically prevented SaaS companies from scaling efficiently and reaching the largest possible market for their products. The fact we are now processing $1bn in payments annually on behalf of our sellers is a great endorsement of our Merchant of Record model and demonstrates the value that we can deliver for our customers. There is still much more we can do however. The opportunity within SaaS remains vast and the launch of Paddle Billing marks the start of another exciting chapter for Paddle and the next phase of growth for our business.”
Paddle Billing will be available to new and existing Paddle customers. For more information on Paddle Forward, Paddle Billing, and the other platform updates announced during the event, please visit: https://www.paddle.com/forward.
About Paddle
Paddle, the payments infrastructure provider for B2B SaaS companies, powers hyper-scale growth across acquisition, renewals and expansion. With Paddle, companies are finally able to transform their payments infrastructure into a strategic growth lever to respond faster and more precisely to every growth opportunity. Paddle acquired ProfitWell in 2022 which provides industry standard BI solutions that improve your retention and monetization automatically through unmatched subscription intelligence.
Paddle has 300 employees serving over 4,000 software sellers in 245 countries and territories globally. Backed by investors including KKR, FTV Capital, Kindred, Notion, and 83North, Paddle aims to define the next wave of B2B SaaS leaders. Visit www.paddle.com or www.twitter.com/PaddleHQ for more information
Press Contact: Outcast for Paddle: Leon Reason; [email protected]; +44 7773 003366
Logo – https://mma.prnewswire.com/media/2171595/Paddle_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/paddle-introduces-paddle-billing-to-boost-growth-for-ambitious-saas-companies-exceeds-1-billion-in-payments-processed-annually-301895827.html
Blockchain Press Releases
HTX Ventures: DeepSeek Triggers AI’s “iPhone Moment”, Accelerating AI Agents into Real Crypto Use
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.
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:
- 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]
Photo – https://mma.prnewswire.com/media/2640863/image_838145_14757924.jpg
View original content:https://www.prnewswire.co.uk/news-releases/htx-ventures-deepseek-triggers-ais-iphone-moment-accelerating-ai-agents-into-real-crypto-use-302400781.html
Blockchain Press Releases
DeriW Testnet Launch Sets New Standards in Decentralized Derivatives Trading
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.
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
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
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
Photo – https://mma.prnewswire.com/media/2639829/DeriW_Testnet_Launch_Sets_New_Standards_Decentralized_Derivatives_Trading.jpg
Logo – https://mma.prnewswire.com/media/2618621/CoinW_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/deriw-testnet-launch-sets-new-standards-in-decentralized-derivatives-trading-302400740.html
Blockchain Press Releases
$1.5 Million Prize Pool Up for Grabs: CoinW Launches Season 2 of the LALIGA Trading Challenge
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.”
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.
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 10 – April 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/
X Official：https://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/
Photo – https://mma.prnewswire.com/media/2640000/CoinW_Launches_Season_2_LALIGA_Trading_Challenge.jpg
Logo – https://mma.prnewswire.com/media/2618621/CoinW_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/1-5-million-prize-pool-up-for-grabs-coinw-launches-season-2-of-the-laliga-trading-challenge-302400730.html
-
Blockchain5 days agoBlocks & Headlines: Today in Blockchain – March 7, 2025 | THSYU Exchange, EY, Virginia Blockchain Council
-
Blockchain Press Releases6 days agoCoolWallet Strengthens Security with Enhanced Transaction Confirmation
-
Blockchain5 days ago
Bitline and Everi Announce Crypto Liquidity for Choctaw Casinos & Resorts in Industry First Development
-
Blockchain7 days ago
Blocks & Headlines: Today in Blockchain – March 6, 2025 – Featuring Powerhive, Telcoin, Elon Musk, Avalanche, Parsiqs
-
Blockchain7 days agoMiddle East and Africa Insurtech Market Research 2020-2030 – Revenues to Exceed $109 Million, Led by ERGO Sigorta, Harel Insurance Investments & Finance Services, Bayzat, Aqeed, Yallacompare
-
Blockchain Press Releases3 days ago
Movement Network Foundation Announces REX-Osprey™ Funds Files for First U.S. Movement ETF as Public Mainnet Beta Launches
-
Blockchain Press Releases3 days ago
Market Needs a Stronger Boost than Trump’s Crypto Strategic Reserve: New Bybit x Block Scholes Crypto Derivatives Report
-
Blockchain Press Releases7 days ago
Bybit Unveils EcoGalaxy: Mantle Surge, Featuring the Largest MNT Prize Pool with Up to 1,000,000 MNT in Airdrops
