Blockchain Press Releases
VELO AND SOLANA FOUNDATION SIGN MOU TO ESTABLISH CLEARING HOUSE FOR LAOS’ DIGITAL GOLD TRANSACTIONS

BANGKOK, April 8, 2024 /PRNewswire/ — Velo, in collaboration with its partner Lightnet, is pleased to announce the signing of a Memorandum of Understanding (MOU) with the Solana Foundation for its Laos Gold Project. Solana will act as the blockchain settlement layer and Velo will be the backbone infrastructure layer as well as the designated clearing house for Laos’ digital gold transactions under the Gold Project. This combination will ensure efficient and secure processing of transactions on the blockchain.
Velo plays a crucial role in facilitating the overall operation and reliability of the clearing house function. It is responsible for validating and finalizing transactions securely, upholding trust, and ensuring the smooth execution of contractual obligations between buyers and sellers settled on Solana’s blockchain.
The MOU also includes a robust bridging mechanism to enhance interoperability between Solana’s L1, Nova, and EVM-compatible chains. This initiative aligns with the blockchain principle of interconnectedness, promoting connectivity and accessibility of digital assets across different blockchain networks. The collaboration marks a significant advancement, unlocking new possibilities for asset transfers, liquidity provision, and Web3 activities, meeting the rising demand for cross-chain transactions and contributing to the growth of the Web3 ecosystem.
Additionally, this agreement entails the implementation of comprehensive liquidity management protocols. These protocols include the development and maintenance of on-ramp and off-ramp facilities for assets on the Solana blockchain, further strengthening the framework for digital asset transactions. The goal is to roll this out in Southeast Asia and then globally.
This strategic initiative paves the way for Digital Gold to expand its user base, offering greater accessibility, particularly for users seeking a stable and secure store of value. Leveraging Solana’s technical expertise, this collaboration promises users a seamless integration of investment and financial opportunities in the evolving digital landscape.
About Velo Labs
Velo Labs is a global pioneer in Web3-based financial solutions, offering a cutting-edge liquidity and settlement network for secure, efficient value transfers. Backed by Stellar Network and CP Group, our reach has expanded beyond Southeast Asia and the Pacific, now serving partners worldwide. We connect and complement the gap between traditional banking infrastructure and Web3, leading the way in blockchain mass adoption. Our extensive Web3-based payment network and Lightnet, our licensed settlement partner, position us as a global heavyweight. Velo Labs offers a diverse range of Web3-based products, notably Orbit, tailored for individuals, merchants, corporations, and enterprises worldwide — dedicated to empowering global financial connectivity and expanding accessibility globally.
Follow us for more info: Twitter / Telegram
View original content:https://www.prnewswire.co.uk/news-releases/velo-and-solana-foundation-sign-mou-to-establish-clearing-house-for-laos-digital-gold-transactions-302110086.html
Blockchain Press Releases
AB Token is Now Live on BingX – Deposit & Trade to Share 6.2 Million AB Rewards

SINGAPORE, March 6, 2025 /PRNewswire/ — AB DAO has officially announced that AB Token is now live on BingX (bingx.com), further expanding global trading channels and accelerating AB adoption in the Web3 space. This listing marks another major milestone for the AB DAO ecosystem, providing more trading opportunities for global users while enhancing AB’s market liquidity and ecosystem influence.
Deposit & Trade to Share a 6.2 Million AB Prize Pool
To celebrate AB’s listing, BingX has launched two exclusive reward campaigns: Deposit Bonus & Trading Prize Pool, with a total prize pool of 6.2 million AB, encouraging more users to participate in the AB DAO ecosystem.
- Event 1: Deposit $AB to earn exclusive rewards – 1,200,000 AB
- Event 2: Trade $AB and share the prize pool – 5,000,000 AB
Additionally, 150 Futures Bonus Vouchers worth 30 USDT each are available.
>>Event Details: https://bingx.com/partner/ABexclusive/2R3om2
AB Trading Pair Details
- Trading Pair: AB/USDT
- Deposit Opens: March 6, 2025, 12:00 (UTC+8)
- Trading Starts: March 6, 2025, 18:00 (UTC+8)
- Withdrawal Opens: March 7, 2025, 18:00 (UTC+8)
AB DAO Ecosystem Continues to Expand
With BingX now supporting AB, users can also trade AB on the following exchanges:
- Bitget (bitget.com)
- HTX (htx.com)
- MEXC (mexc.com)
- BingX (bingx.com)
- 4E (eeee.com)
- BitMart (bitmart.com) (Coming Soon)
The AB listing on BingX is a crucial step in AB DAO’s global strategy. In the coming weeks, AB DAO will continue expanding its presence across multiple trading platforms, enriching ecosystem applications, and accelerating global adoption.
>> Stay Updated with AB DAO
- Official Website: https://ab.org
- Telegram Community: https://t.me/Newtonproject
- Telegram Channel: https://t.me/AB202528
- X (Twitter): https://x.com/ABDAO_Global
- Discord: https://discord.gg/BSbgK6J
- Medium: https://medium.com/@AB.org
View original content:https://www.prnewswire.co.uk/news-releases/ab-token-is-now-live-on-bingx–deposit–trade-to-share-6-2-million-ab-rewards-302394332.html
Blockchain Press Releases
SOL ARENA USHERS IN A NEW ERA OF CASUAL GAMING AND CRYPTO WAGERING ON SOLANA, WITH $CHILL TOKEN LAUNCHING SOON

- SOL Arena, the Web3 multiplayer battle game developed by Chillchat ,will launch its $CHILL token at end-March 2025, following its sold-out Challengers NFT mint on Magic Eden on February 6, 2025.
- Delivering a fresh take on snake-like gameplay on the Solana blockchain, SOL Arena has attracted 80,000+ global players since its Open Beta launch in September 2024.
- Backed by Solana Ventures, Crypto.com Capital, and Big Brain Holdings, Chillchat aims to pioneer innovation in Web3 gaming by marrying casual gameplay with high-stakes crypto wagering in massive real-time battles.
BANGKOK, March 6, 2025 /PRNewswire/ — SOL Arena, a high-stake multiplayer battle game powered by Solana and now live in Open Beta, will launch its $CHILL token at end-March 2025, which will allow players to wager $CHILL in real-time crypto battles, or stake for in-game and ecosystem rewards. After welcoming more than 80,000 players worldwide since its Open Beta began on September 20, 2024, SOL Arena’s highly anticipated $CHILL token launch follows a sold-out Challengers NFT mint on Magic Eden last month.
Developed by Chillchat, a Bangkok-based Web3 gaming studio, SOL Arena unites casual snake-style gameplay with massive real-time battles and large-scale crypto wagering. By pairing the simplicity of casual gaming with the thrill of real crypto stakes, SOL Arena delivers a fresh take on Web3 gaming on Solana — appealing to both casual gamers and competitive enthusiasts.
To support its continued growth and development, Chillchat previously secured US$8.69M in seed funding, led by Solana Ventures, Crypto.com Capital, and Big Brain Holdings. Matt Beck, Head of Investments at Solana Ventures said: “SOL Arena is introducing a new way to engage with crypto gaming — where every match matters because there’s something real at stake. This is exactly the kind of innovation that will drive Web3 gaming forward.”
SOL Big Brain of Big Brain Holdings said: “I’m hyped to see how SOL Arena evolves over time. Its approach to merging casual gaming with real-time wagering is already making waves in the Solana community.”
A New Era of Web3 Gaming: Real-Time Crypto Wagering at Scale
SOL Arena merges the simplicity of popular multiplayer snake games with intense extraction gameplay, allowing up to 50 players to compete in real-time battles to collect noCHILL, outmaneuver opponents, and strategically withdraw their winnings. The upcoming High Roller Mode will introduce crypto wagering with $CHILL, raising the stakes for both casual players and high-level competitors. SOL Arena integrates the dynamic, community-driven Solana ecosystem directly into the game, where memecoin projects, NFT communities, and token holders unite under shared teams.
“Our vision is to merge casual gaming with degenerate memecoin activity and crypto network effects,” said James Au, CEO and Game Director of Chillchat, “to deliver an exciting new player experience that redefines the thrill of ‘winning’.”
What’s Next? Token Launch and Mobile Play
Following the Challengers NFT mint in February 2025, SOL Arena’s next significant milestone is the launch of its ecosystem token, $CHILL, at the end of March.
The $CHILL token fuels SOL Arena’s in-game economy, allowing players to wager it in High Roller mode, or stake it to earn in-game rewards. Players can qualify for a $CHILL airdrop by playing the game and extracting noCHILL, or by holding Chillchat Origin or SOL Arena Challengers’ NFTs.
The official launch of the SOL Arena game, which will introduce new features such as Seasons, will include mobile versions for both iOS and Android available in mid-2025.
Join the SOL Arena Battles Now
SOL Arena is free to play now at solarena.io. Jump in, collect and extract noCHILL, and start climbing the leaderboards to secure your spot in the upcoming $CHILL airdrop.
For more on SOL Arena:
Website
Discord
X (Twitter)
Telegram
About Chillchat
Chillchat is a Bangkok-based Web3 gaming studio dedicated to creating fun, accessible, and innovative blockchain-powered experiences. SOL Arena is the studio’s flagship title, merging traditional gaming fundamentals with real crypto stakes, all secured by Solana’s lightning-fast network. With an aim to pioneer the next generation of Web3 gaming, Chillchat invests in bold ideas that blend community engagement, financial incentives, and immersive gameplay.
View original content:https://www.prnewswire.co.uk/news-releases/sol-arena-ushers-in-a-new-era-of-casual-gaming-and-crypto-wagering-on-solana-with-chill-token-launching-soon-302389851.html
Blockchain Press Releases
Movement Labs Announces “GMove: Move Asia’s Future” APAC Tour Following Mainnet Launch

SAN FRANCISCO, March 6, 2025 /PRNewswire/ — Movement Labs, a Web3 company and core contributor of the Movement Network, today announced the launch of its Asia Pacific tour: “GMove: Move Asia’s Future.” This comprehensive tour will connect developers, investors, influencers, and community members across 11 vibrant cities throughout the APAC region.
Led by Cooper Scanlon, co-founder of Movement Labs, the tour aims to ignite excitement, foster collaboration, and establish Movement as a key player in the Web3 ecosystem across Asia Pacific. The tour runs from March 18 to April 17, 2025, with flagship events in:
- Taipei: March 18 – 21
- Shenzhen: March 21 – 23
- Chengdu: March 23 – 25
- Shanghai: March 25 – 27
- Hangzhou: March 27 – 29
- Bangkok: March 29 – April 3
- Ho Chi Minh City: April 3 – 5
- Hanoi: April 5 – 7
- Singapore: April 7 – 11
- Seoul: April 11 – 14
- Tokyo: April 15 – 17
“The APAC Tour will help bring together all the essential parts that make blockchain and our amazing Movement community successful,” said Scanlon. “By connecting developers, investors, community builders, traders, government officials, and crypto enthusiasts across these vibrant markets, we’re creating the foundation for continued growth and innovation that will truly ‘Move’ Asia’s digital future!”
Each city will host a dynamic flagship event featuring networking, presentations, panel discussions with local community leaders, and developer pitch sessions. As the first major in-person event series following Movement’s Mainnet Launch, these gatherings will provide a platform for local developers to pitch their projects and connect with interested investors. Developers, investors, community organizers & creators can also look forward to the unveiling of Movement’s new Global Ambassador Program and Global Hubs Program for the first time during the tour.
Attendees will receive exclusive benefits available only through event check-ins, rewards, branded merchandise, and early access to Movement pioneering projects. The tour will be promoted through localized campaigns in Chinese, Korean, Japanese, and Vietnamese languages to ensure maximum engagement across all regional communities. Events will be listed on Luma, with registration now open for developers, startups, community members, and builders.
For more information about the Movement APAC Tour, including event registration details and sponsorship opportunities, please visit https://lu.ma/MovementAPACTour2025 and movementnetwork.xyz or follow @movementlabsxyz, @movementfdn, @moveecosystem @Move_Collective on Twitter.
About Movement Labs
Movement Labs develops the Movement Network, an ecosystem of Modular Move-Based Blockchains. The company is creating the first Move Virtual Machine for Ethereum, along with open-source tools to promote Move adoption across blockchains. Their platform enables developers to launch high-performance Move VM rollups easily, bridging Move and EVM ecosystems.

Photo – https://mma.prnewswire.com/media/2634221/APAC_TOUR_MAIN_FLYER__1.jpg
Logo – https://mma.prnewswire.com/media/2397018/movement_logo_full_color_rgb_2000px_72ppi_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/movement-labs-announces-gmove-move-asias-future-apac-tour-following-mainnet-launch-302393530.html
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