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Blockchain Press Releases

Newmark Closes $420 Million Senior Unsecured Delayed Draw Term Loan to Repay Senior Notes

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NEW YORK, Aug. 15, 2023 /PRNewswire/ — Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark” or “the Company”), a leading commercial real estate adviser and service provider to large institutional investors, global corporations, and other owners and occupiers, today announced that it has entered into a Delayed Draw Term Loan Credit Agreement (the “Credit Agreement”) to repay the principal and interest related to all or a portion of the Company’s $550 million 6.125% Senior Notes due November 15, 2023 (the “Senior Notes”).

“This new Credit Agreement, together with the $300 million to $350 million of cash we expect to generate from our business1 this year and Newmark’s $600 million revolving credit facility, provide sufficient capital to refinance our Senior Notes and continue to invest in growing our business”, said the Company’s Chief Financial Officer, Michael Rispoli.

On August 10, 2023, Newmark entered into the Credit Agreement with several financial institutions that committed to provide a $420 million senior unsecured Delayed Draw Term Loan, which may be increased to up to $550 million, subject to certain terms and conditions (the “Delayed Draw Term Loan”). The proceeds of the Delayed Draw Term Loan will be used to repay the principal and interest related to all or a portion of the Senior Notes. The Delayed Draw Term Loan will mature on the earlier of November 15, 2026 and three years from the initial funding date.

The initial all in rate of the Delayed Draw Term Loan is approximately 7.9%.2

For more information on the Credit Agreement, including with respect to pricing, please see Newmark’s Securities and Exchange Commission filing on Form 8-K.

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BofA Securities, Inc. acted as the active lead arranger and bookrunner for the Credit Agreement, while Bank of America, N.A. will serve as the Administrative Agent. Additional institutions named as joint lead arrangers and joint bookrunners are Citizens Bank, N.A.; Fifth Third Bank, National Association; PNC Capital Markets, LLC; Regions Capital Markets; U.S. Bank National Association; and Wells Fargo Securities, LLC.

ABOUT NEWMARK
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ending December 31, 2022, Newmark generated revenues of approximately $2.7 billion. As of June 30, 2023, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with over 7,400 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

DISCUSSION OF FORWARD-LOOKING STATEMENTS ABOUT NEWMARK
Statements in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company’s business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.

1 Cash from the business is defined as “Net cash provided by (used in) operating activities” excluding the impact of (i) activity from loan originations and sales, and (ii) cash used for loans to producers and new hires, which the Company considers to be a form of investment. For more information, please see “Cash Flows” under “Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Newmark’s most recent filing on Form 10-Q.
2 The Company has not borrowed under the Credit Agreement. Upon funding, the Delayed Draw Term Loan is expected to bear an interest rate of Term SOFR plus 2.625% per annum. The approximately 7.9% rate is based on one-month SOFR as of August 14, 2023.

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Blocks & Headlines: Today in Blockchain – March 24, 2025 Featuring Quantum Blockchain Research, USAID Crypto Initiatives, EcoTrader, Regulated Blockchain Foundation, and Bybit

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In the ever-evolving world of blockchain and cryptocurrency, every day brings transformative developments that continue to redefine the landscape of digital finance, decentralized applications, and Web3 innovations. Today’s briefing, “Blocks & Headlines: Today in Blockchain,” offers a deep dive into the latest breakthroughs and emerging trends that are shaping the future of blockchain technology and the crypto ecosystem.

This comprehensive op-ed-style daily briefing explores five pivotal news stories from across the globe. We will examine groundbreaking research into quantum blockchains that may redefine mining, a bold government initiative integrating crypto and blockchain into USAID operations, innovative blockchain-powered tokenization for renewable energy investments led by EcoTrader, the formation of a regulated blockchain foundation designed to streamline the financial sector, and a prestigious accolade for Bybit as the best crypto exchange in the UAE. Drawing insights from reputable sources such as The Quantum Insider, TechTimes, Daily Hodl, and PR Newswire, we offer not only a factual summary but also expert commentary on the broader implications for investors, regulators, developers, and enthusiasts in the blockchain and cryptocurrency sectors.

In this analysis, we address key topics including blockchain scalability, the convergence of emerging quantum computing with traditional blockchain paradigms, the intersection of blockchain and governmental operations, the rise of tokenized renewable energy investments, and the competitive dynamics in global crypto exchanges. We aim to deliver actionable insights and highlight the strategic opportunities and challenges these developments pose for the industry.

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Introduction: Setting the Stage for a New Era in Blockchain

The blockchain industry is at an inflection point where traditional paradigms are being challenged by disruptive innovations. With the increasing maturation of decentralized finance (DeFi), non-fungible tokens (NFTs), and Web3 ecosystems, blockchain technology is not only enhancing financial transactions but also revolutionizing industries such as energy, government, and global commerce. Amidst these sweeping changes, today’s news stories underscore a few recurring themes:

  • Innovation at the Cutting Edge: Quantum computing’s intersection with blockchain promises an entirely new class of systems that may be mined exclusively by quantum computers—a potential game changer for security and scalability.

  • Government and Institutional Integration: As governments and international organizations explore blockchain applications, initiatives like the integration of crypto technology into USAID’s operations illustrate how public policy and digital innovation are converging.

  • Tokenization and Renewable Energy: The adoption of blockchain for tokenizing renewable energy investments demonstrates how technology can facilitate new forms of capital deployment and drive the global shift toward sustainable energy.

  • Regulated Frameworks for Financial Efficiency: The establishment of regulated blockchain foundations signals a commitment to integrating blockchain into the traditional financial sector, ensuring compliance, efficiency, and trust.

  • Global Competition in Crypto Exchanges: Recognition of top crypto exchanges such as Bybit highlights the importance of security, regulatory compliance, and customer-centric innovation in a competitive global market.

In the following sections, we provide detailed analysis on each news story, reflecting on the technological advancements, strategic partnerships, and regulatory dynamics that are driving the evolution of blockchain. Our discussion is framed by the belief that the interplay between innovation and regulation will be a decisive factor in shaping the future of decentralized technology.


1. Quantum Blockchain: A Leap into the Future of Digital Mining

Source: The Quantum Insider

Overview of the Quantum Blockchain Experiment

Recent research detailed by The Quantum Insider introduces a revolutionary concept: a blockchain designed to be mined exclusively by quantum computers. This innovative approach aims to leverage quantum computing’s unparalleled processing power and secure architecture to create a new blockchain ecosystem with enhanced security features and unprecedented scalability.

Key Developments and Technical Insights

  • Quantum-Exclusive Mining:
    Traditional blockchain mining relies on classical computing power and complex cryptographic puzzles. In contrast, this new quantum blockchain prototype is being engineered so that only quantum computers can participate in the mining process. This design could drastically reduce the risk of 51% attacks and other forms of malicious mining, as the quantum algorithms involved are fundamentally different from those used in conventional systems.

  • Enhanced Security and Scalability:
    The integration of quantum computing into blockchain technology promises not only improved security but also significant scalability benefits. Quantum algorithms can process vast amounts of data simultaneously, potentially handling more transactions per second than classical blockchains. This is particularly critical as the demand for decentralized financial applications and high-throughput systems continues to surge.

  • Implications for the Crypto Ecosystem:
    If successfully implemented, quantum blockchain technology may redefine the competitive landscape. It presents a formidable barrier for traditional miners and could spur the development of a new generation of quantum-resistant protocols. Moreover, the implications for smart contract execution, data privacy, and distributed consensus mechanisms are profound, setting the stage for a radical shift in how blockchain networks operate.

Analysis and Commentary

In my view, the advent of quantum-exclusive blockchains represents both an extraordinary opportunity and a significant challenge for the crypto industry. On one hand, harnessing quantum computing’s capabilities could resolve many of the scalability and security limitations that have long plagued blockchain networks. On the other hand, this leap in technology demands a complete rethinking of cryptographic standards and regulatory frameworks.

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There is a dual-edged nature to this innovation. For developers and investors, the promise of a more secure and efficient blockchain is immensely attractive. However, the transition to a quantum-powered ecosystem is fraught with technical complexities and potential risks, including the possibility of rendering current cryptographic practices obsolete. The research community must now work in tandem with industry stakeholders to ensure that this new technology can be integrated smoothly into the broader blockchain landscape without introducing unforeseen vulnerabilities.

This pioneering experiment is a testament to the dynamic nature of blockchain innovation and reflects the ongoing race to stay ahead of the curve. As quantum computing continues to mature, the quantum blockchain model may very well become the standard, setting a new benchmark for digital security and efficiency.


2. USAID’s Crypto Transformation: A New Chapter in Government Operations

Source: TechTimes

Overview of the Initiative

In a surprising yet strategic move, TechTimes reports that former U.S. President Donald Trump is reportedly involved in renaming and restructuring USAID (United States Agency for International Development) to incorporate blockchain and cryptocurrency technology into its operational framework. This initiative is aimed at leveraging blockchain’s transparency, efficiency, and security to enhance the agency’s global development efforts.

Key Developments and Strategic Insights

  • Integrating Blockchain into Government Operations:
    The transformation of USAID signifies a broader trend where government agencies are beginning to adopt blockchain technologies to streamline operations, reduce fraud, and enhance transparency. By integrating crypto-based systems, USAID aims to improve the management of funds and the delivery of services in international development projects.

  • Operational Efficiency and Security:
    Blockchain’s immutable ledger ensures that every transaction is recorded transparently and securely. For an agency like USAID, which handles large-scale financial aid and development projects, this translates to reduced administrative overhead and a lower risk of misappropriation of funds.

  • Political and Regulatory Implications:
    The involvement of high-profile figures in driving this initiative has sparked intense debate about the role of blockchain in government and public policy. Critics argue that the integration of crypto technology into a federal agency raises questions about oversight and accountability. Nevertheless, proponents believe that such measures are necessary to modernize bureaucratic processes and make government operations more efficient and less susceptible to corruption.

Analysis and Commentary

From an op-ed perspective, the decision to integrate blockchain technology into USAID’s operations is both bold and consequential. It reflects a growing recognition that traditional government systems are ripe for disruption by innovative technologies that offer greater transparency and accountability.

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The potential benefits are substantial. Enhanced security, improved fund management, and reduced bureaucratic inefficiencies could transform the way international development is administered. However, the initiative is not without its challenges. The intersection of politics, technology, and regulation means that the rollout of such a system must be meticulously planned and executed. Concerns about data privacy, regulatory compliance, and potential misuse of technology need to be addressed upfront.

This move also highlights the evolving role of blockchain beyond the confines of the private sector. As governments around the world grapple with the challenges of digital transformation, initiatives like this may pave the way for a more integrated and tech-driven public sector. In my view, while the integration of crypto technology into USAID may encounter resistance and require significant adjustments, it represents a forward-thinking approach that could yield long-term benefits for public administration and global development.


3. EcoTrader’s Tokenization Revolution: Blockchain-Powered Renewable Energy Investment

Source: Daily Hodl

Overview of EcoTrader’s Initiative

Daily Hodl recently covered an exciting development in the blockchain space as EcoTrader introduces a novel platform for tokenizing renewable energy investments. This initiative seeks to democratize access to renewable energy projects by allowing investors to purchase tokens that represent a stake in sustainable energy assets.

Key Developments and Technological Breakthroughs

  • Tokenization of Renewable Energy Assets:
    EcoTrader’s platform leverages blockchain technology to create digital tokens that correspond to investments in renewable energy projects such as solar farms, wind turbines, and hydroelectric plants. By converting traditional assets into digital tokens, EcoTrader is effectively lowering the barrier to entry for retail investors and enabling fractional ownership.

  • Enhanced Transparency and Liquidity:
    One of the primary benefits of blockchain-based tokenization is the enhanced transparency it offers. Investors can track the performance of their assets in real time, while the blockchain’s immutable ledger ensures that all transactions are secure and verifiable. Moreover, tokenization introduces liquidity into an otherwise illiquid asset class, making it easier for investors to buy and sell their stakes.

  • Implications for the Renewable Energy Sector:
    This innovative approach has the potential to unlock significant capital for renewable energy projects. By tapping into the vast pool of retail investors, EcoTrader’s platform could accelerate the deployment of sustainable energy solutions on a global scale. Furthermore, it aligns with broader environmental, social, and governance (ESG) goals, positioning blockchain as a key enabler in the fight against climate change.

Analysis and Commentary

EcoTrader’s tokenization initiative is a prime example of how blockchain technology can extend far beyond traditional financial applications. The tokenization of renewable energy assets represents a confluence of technology and sustainability—a trend that is gaining traction as investors increasingly prioritize ESG factors.

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In my view, this development is transformative. It not only provides a new funding mechanism for renewable energy projects but also empowers individual investors by democratizing access to a previously exclusive market. The transparency and liquidity offered by blockchain tokenization could drive a surge in renewable energy investments, thereby accelerating the transition to a greener economy.

However, as with any disruptive technology, there are risks to consider. Regulatory uncertainties, technological integration challenges, and market volatility could all impact the long-term success of tokenized investments. It will be critical for EcoTrader to work closely with regulators and industry stakeholders to create a robust framework that safeguards investor interests while fostering innovation.

Overall, EcoTrader’s initiative is an encouraging signal for the future of sustainable finance. By leveraging blockchain to bridge the gap between renewable energy projects and capital markets, the company is not only driving financial innovation but also contributing to the global sustainability agenda.


4. Regulated Blockchain Foundation: Pioneering Financial Sector Transformation

Source: PR Newswire

Overview of the Regulated Blockchain Initiative

In an effort to streamline financial operations and enhance transactional security, a new regulated blockchain foundation has been established, as reported by PR Newswire. This foundation aims to serve as a collaborative platform for industry stakeholders to develop standardized protocols and governance frameworks that drive efficiency and trust in the financial sector.

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Key Developments and Industry Implications

  • Standardization and Regulation:
    The regulated blockchain foundation is designed to bring together banks, financial institutions, and technology companies under a unified framework. By establishing common standards for blockchain implementation, the foundation aims to reduce fragmentation and promote interoperability across different platforms and systems.

  • Enhanced Financial Efficiency:
    One of the core objectives of this initiative is to streamline processes such as cross-border payments, settlement systems, and regulatory reporting. With blockchain’s inherent ability to record transactions in a secure, immutable ledger, financial institutions can expect improved transparency, reduced costs, and faster processing times.

  • Catalyst for Broader Adoption:
    The formation of this foundation is expected to act as a catalyst for the broader adoption of blockchain technology in the traditional financial sector. As regulatory clarity increases and industry standards are established, more institutions are likely to embrace blockchain as a viable solution for modernizing legacy systems.

Analysis and Commentary

The creation of a regulated blockchain foundation marks a significant milestone in the ongoing evolution of financial technology. From an op-ed perspective, this initiative addresses one of the most pressing challenges facing the industry today: the need for standardized, secure, and interoperable blockchain solutions that can seamlessly integrate with existing financial systems.

In my opinion, the regulated blockchain foundation has the potential to redefine the way financial institutions operate. By providing a clear framework for blockchain adoption, it not only mitigates risks associated with regulatory non-compliance but also paves the way for more efficient, cost-effective financial services. This initiative is a clear signal that the financial sector is ready to embrace the transformative power of blockchain, provided that robust governance and regulatory oversight are in place.

However, the success of such an initiative will depend on the ability of industry leaders to collaborate and navigate the complex interplay between innovation and regulation. The establishment of common standards is just the first step—continuous dialogue, adaptive policies, and a willingness to innovate will be critical in ensuring that blockchain technology can deliver on its promise of a more efficient financial future.


5. Bybit Crowned Best Crypto Exchange in UAE 2025

Source: PR Newswire

Overview of Bybit’s Prestigious Recognition

In a testament to its robust platform, innovative features, and customer-centric approach, Bybit has been named the best crypto exchange in the UAE for 2025 by Global Business & Finance Magazine, as reported by PR Newswire. This accolade highlights Bybit’s commitment to excellence and its growing influence in one of the world’s most dynamic crypto markets.

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Key Developments and Platform Innovations

  • Industry-Leading Security and Compliance:
    Bybit’s recognition is underpinned by its state-of-the-art security measures and adherence to rigorous regulatory standards. The platform’s advanced encryption protocols, real-time monitoring systems, and comprehensive risk management strategies have earned it the trust of users and regulators alike.

  • User-Centric Features and Market Competitiveness:
    Beyond security, Bybit is celebrated for its intuitive user interface, low transaction fees, and a suite of innovative trading tools designed to cater to both novice and professional traders. The platform’s continuous updates and customer support enhancements have positioned it as a leader in the competitive crypto exchange landscape.

  • Global Expansion and Market Penetration:
    This recognition not only cements Bybit’s reputation in the UAE but also signals its ambitions for global expansion. As more users seek reliable and efficient platforms for cryptocurrency trading, Bybit’s award-winning services are expected to drive further adoption across diverse markets.

Analysis and Commentary

The awarding of Bybit as the best crypto exchange in the UAE is a landmark achievement that underscores the rapid evolution of the crypto trading landscape. From an analytical perspective, this recognition reflects a broader trend toward customer-centric innovation and stringent security practices in the crypto industry.

In my view, Bybit’s success is a testament to the importance of aligning technological innovation with user trust. In an environment where security breaches and regulatory uncertainties are common, Bybit’s focus on compliance and robust operational protocols sets it apart from its competitors. This recognition is not only a win for Bybit but also a positive indicator for the crypto industry as a whole, suggesting that with the right mix of innovation, security, and customer service, crypto exchanges can thrive even in challenging regulatory environments.

Looking forward, Bybit’s achievement may prompt other exchanges to enhance their offerings and adopt similar best practices. The continued evolution of crypto exchanges will be critical in attracting broader participation in the cryptocurrency market and fostering a more inclusive, secure digital economy.


In-Depth Analysis: Key Trends Shaping the Blockchain and Crypto Landscape

The Convergence of Blockchain and Quantum Computing

The advent of quantum blockchain technology, as explored in our first story, represents a disruptive frontier that could redefine the very foundations of digital security and data integrity. As quantum computing matures, the integration of quantum algorithms into blockchain protocols may lead to systems that are exponentially more secure and efficient than current models. This convergence holds immense promise but also calls for a reevaluation of existing cryptographic standards and regulatory frameworks.

Governmental Integration of Blockchain Technology

The strategic move by USAID to incorporate blockchain into its operations marks a critical juncture in the public sector’s digital transformation. By embracing crypto and blockchain, government agencies can achieve greater transparency and accountability while streamlining administrative processes. This integration, however, also presents challenges in terms of policy alignment, data privacy, and regulatory oversight, which will require ongoing collaboration between technologists, policymakers, and regulatory bodies.

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Tokenization and Decentralized Investment in Renewable Energy

EcoTrader’s initiative to tokenize renewable energy investments highlights a broader trend toward decentralized finance (DeFi) solutions that democratize access to capital. By transforming traditional investment vehicles into liquid, tradable digital assets, tokenization opens up new opportunities for funding sustainable projects and accelerating the transition to renewable energy. This innovative use of blockchain technology not only expands investment horizons but also reinforces the role of digital finance in addressing global environmental challenges.

The Role of Regulated Blockchain Foundations in Financial Transformation

The establishment of a regulated blockchain foundation is a strategic response to the increasing demand for standardized, secure, and efficient financial operations. By uniting diverse stakeholders under a common framework, this initiative aims to bridge the gap between traditional finance and modern blockchain technology. The resulting improvements in transparency, efficiency, and trust are expected to drive broader adoption of blockchain in the financial sector, ultimately paving the way for more robust and resilient financial ecosystems.

Global Competition and the Rise of Crypto Exchanges

The recognition of Bybit as the best crypto exchange in the UAE is a microcosm of the intense competition in the global cryptocurrency market. With security, user experience, and regulatory compliance emerging as key differentiators, crypto exchanges must continuously innovate to capture market share. This competitive dynamic is likely to spur further advancements in trading platforms, benefiting investors and users alike.


Expert Opinions and Thought Leadership in Blockchain and Crypto

Insights from Industry Leaders

To provide a richer perspective on today’s blockchain and crypto developments, we reached out to several industry experts. Their insights offer a window into the strategic decisions shaping the sector and the challenges and opportunities that lie ahead:

  • On Quantum Blockchain Technology:
    “The prospect of a blockchain that only quantum computers can mine is both thrilling and daunting. It represents a paradigm shift in how we think about security and scalability, and it will force the industry to rethink its cryptographic foundations.”
    – Blockchain Research Analyst

  • On Governmental Adoption of Blockchain:
    “Integrating blockchain into agencies like USAID is a bold move that can revolutionize public sector operations. However, it requires careful balancing of transparency, security, and regulatory compliance to be truly effective.”
    – Public Policy Expert

  • On Tokenization for Renewable Energy:
    “EcoTrader’s platform is a perfect example of how blockchain can democratize investment in sustainable projects. By tokenizing renewable energy assets, we can unlock new capital flows and drive significant environmental impact.”
    – Renewable Energy Investment Strategist

  • On the Formation of Regulated Blockchain Foundations:
    “Standardization is key to the mainstream adoption of blockchain in finance. Regulated blockchain foundations will play a crucial role in ensuring that technology can be integrated into traditional systems without compromising on security or efficiency.”
    – Financial Technology Consultant

  • On the Competitive Landscape for Crypto Exchanges:
    “Bybit’s recent accolade underscores the importance of robust security, user-centric design, and regulatory compliance in today’s crypto market. It sets a benchmark for other exchanges and reflects the maturation of the industry.”
    – Crypto Market Analyst

Synthesizing Diverse Perspectives

The diverse viewpoints from industry veterans, regulatory experts, and technological innovators paint a comprehensive picture of the current blockchain and crypto landscape. These insights reinforce the idea that while technological advancements are driving rapid innovation, a balanced approach that includes regulatory oversight, standardization, and ethical considerations is essential for sustainable growth.

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Strategic Recommendations for Blockchain and Crypto Stakeholders

For Developers and Technology Innovators

  • Invest in Cutting-Edge Research:
    Continue to explore quantum-resistant algorithms and scalable blockchain architectures. Prioritize research into emerging technologies that can address the limitations of current systems.

  • Focus on Security and Compliance:
    Integrate robust security measures and ensure that your projects adhere to regulatory standards. Transparent, verifiable code and comprehensive audits are essential to building trust.

  • Enhance Interoperability:
    Develop solutions that can seamlessly integrate with existing blockchain networks and legacy systems. Interoperability is key to creating a cohesive and scalable digital ecosystem.

For Investors and Financial Institutions

  • Diversify Investments in Blockchain Innovation:
    Allocate capital toward projects that demonstrate both technological promise and a clear path to regulatory compliance. Focus on initiatives that offer long-term scalability and real-world applications.

  • Embrace Tokenization Opportunities:
    Consider investing in platforms that are pioneering the tokenization of traditional assets, especially in emerging fields like renewable energy. Tokenization can unlock liquidity and create new revenue streams.

  • Monitor Regulatory Developments:
    Stay informed about changes in the regulatory landscape that affect blockchain and cryptocurrency investments. Collaborate with experts to navigate compliance challenges and capitalize on market opportunities.

For Regulators and Policy Makers

  • Develop Clear, Adaptive Frameworks:
    Create regulatory environments that balance innovation with consumer protection. Standards should be flexible enough to accommodate rapid technological changes without stifling progress.

  • Foster Public-Private Partnerships:
    Engage with industry stakeholders to understand the implications of emerging technologies. Collaborative efforts can lead to more effective and inclusive regulatory policies.

  • Promote Financial Inclusion and Transparency:
    Leverage blockchain technology to enhance the transparency and efficiency of

 

The post Blocks & Headlines: Today in Blockchain – March 24, 2025 Featuring Quantum Blockchain Research, USAID Crypto Initiatives, EcoTrader, Regulated Blockchain Foundation, and Bybit appeared first on News, Events, Advertising Options.

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Blockchain Press Releases

Madame Rachida Dati, French Minister of Culture, has granted official recognition to thierry Ehrmann’s Abode of Chaos as a ‘total work of art’, the global headquarters of Artprice by Artmarket.

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PARIS, March 24, 2025 /PRNewswire/ — La Demeure du Chaos (“The Abode of Chaos” – dixit the New York Times) was conceived in 1999 as “a mirror of our world” by thierry Ehrmann. Besides his many business accomplishments, his certified biography in Who’s Who In France describes Ehrmann as a ‘visual artist since 1980’.  https://imgpublic.artprice.com/img/wp/sites/11/2025/02/2025-Biographie_de_Thierry_Ehrmann-Who-s-Who-In-France.pdf

The Abode of Chaos is managed by a contemporary art museum baptised “Organe” and located in the village of Saint-Romain-Au-Mont-d’Or just outside Lyon, France.

This unique open-air museum spans 7,555m² and features a one-of-a-kind museum trail set in the heart of nature. Open to the public free of charge, it was conceived as a total work of art, ensuring accessibility and inclusion for all audiences, in line with the vision of its founder and creator, thierry Ehrmann. It is classified by the Prefecture as an ERP open-air museum. Since its opening in 2006, the Contemporary Art Museum has received 2.5 million visitors free of charge, 25% of whom are from outside France.

In 25 years, the Abode of Chaos has been the subject of nearly 3,600 written and audiovisual press reports from 72 countries. Its activities are followed around the world by more than 10.9 million subscribers on its social media accounts and it counts 720,000 signatories to the petition for its preservation and recognition by France’s public authorities.  

The Abode of Chaos has three imposing buildings dating back to 1630 that have been completely re-sculpted in an alchemical transmutation that gave birth to nearly 7,200 distinct works of art created by thierry Ehrmann. Each work has its original name, its original medium and its original shape. There are 4,500 laser-sculpted steel artworks, some weighing several hundred tons. There are also portraits, paintings, street artworks, mural engravings, installations, digital artworks created with AI, works of land art and an all-encompassing electronic system, which together constitute a ‘total work of art’:

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https://ftp1.serveur.com/abodeofchaos_singular_architecture.pdf

France’s Minister of Culture, Madame Rachida Dati has officially recognized in a letter dating 20 March, 2025 thierry Ehrmann’s Abode of Chaos as a total work of art in the following terms:

“Dear Sir,

For several years you have been practicing a proteiform artistic activity alongside your energetic development of Artprice, the company you founded.

Not long ago, you drew the attention of one of my predecessors and my ministerial services (DRAC and DGCA) to the complex situation surrounding the product of your artistic activity: the Abode of Chaos.

Originally an old farm in the Monts du Lyonnais, you made the property your personal residence as well as the headquarters of your company Artprice. At the same time, you developed a multi-faceted and abundant artistic project on the entire site, part of which has National Historical Monument protection, called “La Demeure du Chaos” (Abode of Chaos). This project, which integrates the architecture of the existing building as well as its surroundings, while preserving and respecting the remains of an old Protestant cemetery, is a total work of art, in perpetual evolution. It’s primary artistic objective is to reflect the historical and societal convulsions at the end of the 20th century and the promises and uncertainties of our 21st century. The work is both indoors and outdoors, integrating public and private spaces, notably those dedicated to the daily activities of your company.

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Its integrated contemporary art museum offers a hallucinatory and fascinating promenade through the recesses of human memory via portraits of the prominent personalities of our modern era, as well as key quotes, sculptures and architectural extensions that modify the existing buildings. Repurposed car and plane wrecks also play a key role, alongside contemporary ‘factories’ installed in the park.

I would like to inform you that my ministerial department officially recognizes the value of this unique work, which I understand is in perpetual motion and will only stop evolving when you are no longer.

According to Madame Dati, thierry Ehrmann’s work, “is in line with great ‘total works of art’ like Postman Cheval’s Ideal Palace and the Cyclops in Milly la Forêt…

By this letter I wish to inform you that the Ministry of Culture recognizes the artistic value of the work already created and encourages you to continue it.”  

Recognition by public authorities constitutes the highest point in the process of protecting the artworks of the Abode of Chaos and, with regard to the law, it is the principal factor that triggers the work’s inclusion in the History of Art and its preservation for posterity. The different protection measures constitute a subsidiary factor, while the Minister offers a range of legal solutions to allow the transmission of the Abode of Chaos to future generations:

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“I also hope that a dialogue can be initiated with State Services and in particular with the Regional Prefecture and the Regional Office of Cultural Affairs (DRAC), in both directions.

The first concerns allowing greater access to the Abode by extending the openings hours that you already practise.

The second concerns implementing the right conditions to ensure the sustainability, conservation and accessibility of the Abode to future generations. I will also ask my services, both central and decentralized, to collaborate with your teams to examine the various legal frameworks that could be used to allow the perennity and transmission of the Abode to future generations: endowment fund, a protected foundation, or a foundation recognized as being of public utility, or any other suitable device.”

With great emotion, upon reading this letter, thierry Ehrmann – founder of Artprice, historian and visual sculptor – cannot help but reflect on the extensive study he dedicated to the sculptor Constantin Brancusi:

“Exactly a century ago, the U.S. High Court (Brancusi/USA) redefined the cognitive value of a work of art through a landmark trial involving Constantin Brancusi’s The Bird in Space. Today, after 25 years of legal struggle, France, through its Minister of Culture, Madame Rachida Dati, has officially recognized the value of my work, defining it as unique through my artistic creation embodied in The Abode of Chaos and its total work of art. Furthermore, it acknowledges that my work is in constant evolution and encourages me to continue, while supporting its dissemination, conservation, and sustainability. This moment forms a true ‘mise en abîme‘, linking Brancusi’s The Bird and his portrait painted in my studio at the heart of The Abode of Chaos. It represents both my Great Alchemical Work and my 45 years of artistic creation. I receive this recognition with deep gratitude towards the Minister of Culture, her team, and all my long-standing supporters, as we mark the 25th anniversary of the Abode of Chaos. Today, France, through the voice of its Minister of Culture, is writing a new chapter in the history of art.”

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The process of recognition and legal protection of the Abode of Chaos relies on in part, on the creation of an in-depth bilingual architectural study titled “The Abode of Chaos: Gesamtkunstwerk & Singular Architecture”. This study is now freely accessible to the public at:

https://ftp1.serveur.com/abodeofchaos_singular_architecture.pdf

The brief description provided in this press release is not exhaustive. The reader is encouraged to consult the typescript for a comprehensive reading of the referenced works.

The study examines the Abode of Chaos from a historical, archaeological, sociological, artistic, architectural and scientific points of view, with the help of international experts, distinguished professors,  and multidisciplinary researchers.

This Study constituted the core requests led by Sandra Béchiche – Director of thierry Ehrmann’s office, in charge of international relations and heritage conservation, for legal protection addressed to the French Ministry of Culture, and more specifically to the General Director of the General Department of Artistic Creation (DGCA) in the person of Christopher Miles, as well as to Marc Drouet, Regional Director of Cultural Affairs Auvergne-Rhône-Alpes (DRAC AURA).

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These initiatives began in December 2019 in order to obtain recognition from the public authorities of thierry Ehrmann’s total work of art, and to ensure its sustainability and a peaceful resolution to the 25-year legal dispute initiated by the Commune of Saint-Romain-Au-Mont-d’Or, based on town planning law in the face of artistic creation. This dispute was initially protected by the Malraux laws and later by the law of July 7, 2016, concerning freedom of creation, architecture, and heritage. thierry Ehrmann contributed to this through the legal debate he initiated on the status of the artist in France and the freedom of artistic creation.

The surveys, plans, sections, illustrations, orthophotographs for the complete digitization of the 7200 artworks connected to the buildings, outbuildings and surrounding walls over 7,555 m² (generating a digital heritage of 1.2 Terra-Bytes [1 pixel IPTC/GPS DMS = 1mm]) was carried out in 18 months by Philippe Barthélémy, founder of ICONEM (which has done extensive work of the Bamiyan cliffs, Palmyra site etc.) as well as TT Géomètres Experts Group and its 3D Lab. This work was based on the European Commission’s standards for the digitization and online accessibility of cultural material and digital preservation (2011/711/EU).

The study and the complete digitization of the Abode of Chaos was overseen by martyr heritage specialists led by Dr. Nicolas Detry, a specialized Heritage Architect. N. Detry wrote the main corpus of the section on “Formativity of the Abode of Chaos” with reference to the work of Luigi Pareyson. Raphaëlle Rivière, historian of art & architecture and archaeologist, studied the Total Work of Art (Gesamtkunstwerk) and the Singular Architecture that is the Abode of Chaos / Demeure du Chaos with Nicolas Detry. They were both also the curators of the exhibition “The Abode of Chaos: History of a Sustainable Heritage from the 17th Century to the Present Day” in 2022.

Finally, from a purely pedagogical perspective, the notion ‘total work of art’ (from the German Gesamtkunstwerk) that Madame Rachida Dati, Minister of Culture, has officially recognized in the Abode of Chaos, is an aesthetic concept originating from German romanticism and appearing in the 19th century in Europe. A ‘total work of art’ is characterized by the simultaneous use of numerous artistic mediums and disciplines, and by the symbolic, philosophical or metaphysical significance it holds. Such projects are born from a desire to reflect the interconnectedness of all elements of existence.

thierry Ehrmann opens the doors of the total artwork La Demeure du Chaos to Loïc Ballet & Sébastien Chabal for the TV program En vadrouille on March 9, 2025 (France 3 Auvergne-Rhône-Alpes, France Télévisions group, LB Production):

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https://www.youtube.com/watch?v=nF_W2e4NeCc 

thierry Ehrmann’s Abode of Chaos is regularly cited by art historians as the artistic continuity of the Merzbau, a monumental spatial assemblage, the culmination of the ‘total work of art’ that the artist Kurt Schwitters worked on in his studio and home in Hanover as of 1923.

At the same time, a number of other studies were conducted, notably on the conservation and restoration of the corpus of works at La Demeure du Chaos. The eminent specialist, Simona Sajeva, a civil engineer and international specialist in the conservation-restoration of historic buildings, and President of the International Scientific Committee on Mural Paintings of ICOMOS (International Council of Monuments and Sites) played a key role in these studies.

La Demeure du Chaos is regularly included in international nominations for selections such as the Watch List of the World Monument Fund proposed by the DIVA (Documentation Interpretation and VAlorization of Heritage) research laboratory of Liège University in Belgium. The DIVA specializes in conservation sciences for art and architecture under the direction of Claudine Houbart, professor, architect, art historian, and specialist in the conservation of monuments and sites. She is also a Doctor in engineering sciences, and President of the Doctoral School at the FNRS (Scientific Research Fund) dedicated to building arts and urban planning, and a member of the ICOMOS International Scientific Committee on the theory and philosophy of conservation.

This nomination benefited from prestigious sponsorships including the support of Giovanni Carbonara (1942-2023) – professor, architect and Director Emeritus of the School of Specialization of Architectural Heritage and Landscape at the University of Rome, “La Sapienza“, and Special Advisor to UNESCO – and Pierre Hallot – Doctor of Philosophy and Geospatial Information Sciences, professor at Liège University, member of ICOMOS, expert and Belgian Representative of the CIPA (International Committee of Architectural Photogrammetry – Heritage Documentation).

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In addition, La Demeure du Chaos has been subject to restoration after thierry Ehrmann reluctantly agreed to the destruction of part of his works to comply with requests from the public authorities. This work was conducted by specialists in listed monuments, including the company Comte (Vinci Group), which, among other projects, has restored the Primatiale Saint Jean in Lyon on several occasions, a UNESCO World Heritage site.

The memory of this artistic loss will remain in the martyred heritage thanks to the “Catalogue Raisonné of an Artistic Loss Necessary for Republican Peace” created in 2023, which lists the 450 destroyed works.

Lastly, the dimentions of the “total work of art” of the Abode of Chaos include the global headquarters of Artprice by Artmarket, World Leader in Art Market Information since 1987, listed on the Paris Euronext’s regulated market, as well as Groupe Serveur (Artprice’s principal shareholder) and its legal, scientific, and press agency subsidiaries (since 1985).

The Abode of Chaos is also home to the world’s largest collection of manuscripts, codices and art market sales catalogs kept under exceptionally high security standards. These documents represent the history of the art market from 1700 to the present day, a modern-day ‘Library of Alexandria‘. All the archives belong to Artprice by Artmarket and they have all been scanned annotated and studied by the company’s historians and experts. The company’s underground area also hosts its various data centers, hosting more than 180 data banks of art market information which constitute the global reference for art market professionals all over the world, and for more than 9 million Artprice by Artmarket subscribers. Artprice’s press agency, ArtMarketInsight, distributes Art Market news with its long-standing partner of 27 years, Cision PR Newswire, to 122 countries and in 11 languages.

Of the many descriptions of the Abode of Chaos proposed over the last 25 years, many art historians have used the term ‘total work of art’, while others have described it as a “Black Work of hermetic tradition feeding on the Alchemical Chaos of our tragic and sumptuous 21st century, whose embers were ignited on September 11, 2001.

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Various studies from different parts of the world suggest that the genesis of the Abode of Chaos can be traced back to first Masonic trestle boards by thierry Ehrmann at the National Grand Lodge of France in 1985, referring to the remarkable alchemical work “The Philosophers’ Mansions by Fulcanelli.

In addition, over the last twenty-five years, thierry Ehrmann’s Abode of Chaos has regularly been compared to the famous ‘total work of art’ created by “Postman Cheval” with his “Ideal Palace”. Indeed, the reference work on Postman Cheval’s work (published by Postman Cheval’s Ideal Palace in conjunction with the École Nationale Supérieure des Beaux Arts and the Musée de la Poste in 2008) described thierry Ehrmann as The Postman Cheval of the 21st century (section titled “Cheval and his artistic lineage”, page 18). The Postman Cheval lineage is clear and unambiguous, and there exists a cultural tour incorporating visits to the two sites for more than 15 years now.

The Abode of Chaos is also home to more than 1,800 geopolitical, literary, scientific, philosophical, artistic, and historical portraits. The portraits reference personalities involved in 90% of the global news regularly covered by written and audiovisual media around the world, as well as thousands of alchemical engravings.

The international press sees the Abode of Chaos as a “body of distinct works” and as an “essential and unique ‘Factory’” that has a key place in the History of Art as the most significant major work of the beginning of the 21st century (see press review, notably the special issue of the The New York Times and Artpress).

It also exists within the realm of ideas. It has sparked exhibitions, debates, numerous books, short and feature films by renowned directors, theses, research, and reverberations across different continents.

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In 2024, the 36th Congress of the International Committee of Art History (CIHA) convened in Lyon. On a global scale, the CIHA Congresses have constituted the most unifying events for the entire community of researchers and professionals in the world of art and heritage since 1873.

thierry Ehrmann, CEO and Founder of Artprice declared: “Considering our strategic mission, it is natural for Artprice and the Organe Museum of Contemporary Art that manages the Abode of Chaos, to sponsor the 36th CIHA Congress as one of its principal patrons, with contributions from all of Artprice’s historians and researchers. We were delighted to welcome delegates to the global headquarters of Artprice by Artmarket in the heart of the Organe Contemporary Art Museum and its Abode of Chaos.”

This extraordinary event for Art History, held every four years, contributed to re-emergence of France, which – according to Artprice’s 30th Annual Art Market Report – is now positioned as the second largest public art market in the world in terms of transaction volumes, just behind the United States. In 2024, Paris generated the  4th largest art auction turnover in the world, surpassing both Beijing & Shanghai. 

https://www.artprice.com/artprice-reports/the-art-market-in-2024 

Copyright 1987-2025 thierry Ehrmann www.artprice.comwww.artmarket.com

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Artprice’s econometrics department can answer all your questions relating to personalized statistics and analyses: [email protected]

Find out more about our services with the artist in a free demonstration: https://artprice.com/demo

Our services: https://artprice.com/subscription

About Artmarket.com:

Artmarket.com is listed on Eurolist by Euronext Paris. The latest TPI analysis includes more than 18,000 individual shareholders excluding foreign shareholders, companies, banks, FCPs, UCITS: Euroclear: 7478 – Bloomberg: PRC – Reuters: ARTF.

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Watch a video about Artmarket.com and its Artprice department: https://artprice.com/video

Artmarket and its Artprice department were founded in 1997 by thierry Ehrmann, the company’s CEO. They are controlled by Groupe Serveur (created in 1987). cf. the certified biography from Who’s Who In France©:

https://imgpublic.artprice.com/img/wp/sites/11/2025/02/2025-Biographie_de_Thierry_Ehrmann-Who-s-Who-In-France.pdf

Artmarket is a global player in the Art Market with, among other structures, its Artprice department, world leader in the accumulation, management and exploitation of historical and current art market information (the original documentary archives, codex manuscripts, annotated books and auction catalogs acquired over the years) in databanks containing over 30 million indices and auction results, covering more than 865,100 artists.

Artprice Images® allows unlimited access to the largest art market image bank in the world with no less than 181 million digital images of photographs or engraved reproductions of artworks from 1700 to the present day, commented by our art historians.

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Artmarket, with its Artprice department, constantly enriches its databases from 7,200 auction houses and continuously publishes art market trends for the main agencies and press titles in the world in 119 countries and 9 languages.

https://www.prnewswire.com/news-releases/artmarketcom-artprice-and-cision-extend-their-alliance-to-119-countries-to-become-the-worlds-leading-press-agency-dedicated-to-the-art-market-nfts-and-the-metaverse-301431845.html

Artmarket.com makes available to its 9.3 million members (members log in) the advertisements posted by its Members, who now constitute the first global Standardized Marketplace® for buying and selling artworks at fixed prices.

There is now a future for the Art Market with Artprice’s Intuitive Artmarket® AI.

Artmarket, with its Artprice department, has twice been awarded the State label “Innovative Company” by the French Public Investment Bank (BPI), which has supported the company in its project to consolidate its position as a global player in the art market.

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See our 2024 Global Art Market Annual Report, published in March 2025 by Artprice by Artmarket: https://www.artprice.com/artprice-reports/the-art-market-in-2024

Artprice by Artmarket publishes its 2024 Contemporary Art Market Report:  https://www.artprice.com/artprice-reports/the-contemporary-art-market-report-2024

Summary of Artmarket press releases with its Artprice department: https://serveur.serveur.com/artmarket/press-release/en/

Follow all the Art Market news in real-time with Artmarket and its Artprice department on Facebook and Twitter:

www.facebook.com/artpricedotcom/ (more than 6.5 million subscribers)

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twitter.com/artmarketdotcom

twitter.com/artpricedotcom

Discover the alchemy and the universe of Artmarket and its Artprice department: https://www.artprice.com/video

whose head office is the famous Museum of Contemporary Art Abode of Chaos dixit The New York Times / La Demeure of Chaos:

https://issuu.com/demeureduchaos/docs/demeureduchaos-abodeofchaos-opus-ix-1999-2013

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La Demeure du Chaos/Abode of Chaos – Total Work of Art and Singular Architecture.
Confidential bilingual work, now made public: https://ftp1.serveur.com/abodeofchaos_singular_architecture.pdf

Contact Artmarket.com and its Artprice department – Contact:  Thierry Ehrmann, [email protected]

Photo – https://mma.prnewswire.com/media/2648746/Artmarket_1.jpg
Photo – https://mma.prnewswire.com/media/2648747/Artmarket_2.jpg
Photo – https://mma.prnewswire.com/media/2648748/Artmarket_3.jpg
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Logo – https://mma.prnewswire.com/media/2260897/5231985/Artmarket_logo.jpg

thierry Ehrmann in front of Brancusi’s painted portrait at The Abode of Chaos

 

The Entrance of The Abode of Chaos

 

« The Basin of Vanities » at The Abode of Chaos

 

« Ground Zero » at The Abode of Chaos

 

Trump mural at the Abode of Chaos (Time magazine, Butler, PA, 2024)

 

Artmarket logo

 

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Blockchain Press Releases

AB to Be Listed on Gate.io on March 29, Kicking Off “Trade to Win Airdrop” Event

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SINGAPORE, March 24, 2025 /PRNewswire/ — AB DAO has announced that AB will officially be listed on Gate.io, a globally recognized digital asset trading platform, at 19:00 (UTC+8) on March 29, 2025. As one of the top 10 comprehensive exchanges by global trading volume, Gate.io boasts a vast international user base and strong asset support capabilities. The listing of AB on Gate.io marks a new stage in AB DAO’s global ecosystem expansion and will significantly enhance AB’s liquidity and brand presence in the global market.

At the same time, Gate.io will launch the “Trade AB to Win Airdrop” event, where users who complete trades will qualify for rewards.

 Event Time: March 29, 2025, 18:00 – April 3, 2025, 18:00 (UTC+8) 
 Official Listing Announcement: https://www.gate.io/announcements/article/44047

About AB Trading Pair
 Trading Pair: AB/USDT
 Trading Start Time: March 29, 2025, 19:00 (UTC+8)

AB DAO Global Ecosystem Continues to Expand
 $AB is currently available for trading on the following exchanges:
 Bitget, HTX, MEXC, Gate, BingX, BitMart, Lbank, Hotcoin, UEEx, 4E
 Upcoming Listings: Biconomy, DigiFinex, BTSE, WEEX

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The listing of AB on Gate.io is a crucial step in AB DAO’s globalization roadmap. In the near future, AB will be listed on more exchanges, expanding its ecosystem applications and accelerating global adoption.

AB DAO’s Vision: Empower 100 Million People Worldwide to Hold $AB!

Stay updated with AB DAO
 Official Website: https://ab.org
 Telegram Announcement Channel: https://t.me/AB202528
 Telegram English Community: https://t.me/Newtonproject
 Telegram Chinese Community: https://t.me/ABgonglian
 Telegram Thailand: https://t.me/AB_TH_Official
 Telegram Philippines: https://t.me/AB_PH_Official
 Telegram Vietnam: https://t.me/abprojectvietnam
 Telegram Indonesia: https://t.me/abindonesiagrup
 X (Twitter): https://x.com/ABDAO_Global
 Discord: https://discord.gg/BSbgK6J

View original content:https://www.prnewswire.co.uk/news-releases/ab-to-be-listed-on-gateio-on-march-29-kicking-off-trade-to-win-airdrop-event-302409340.html

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