Blockchain Press Releases
Unitas Protocol Upgrades Smart Contract and Completes Security Audit By ChainLight

TAIPEI, Sept. 3, 2024 /PRNewswire/ — Unitas, a DeFi stablecoin protocol addressing emerging markets’ dollar shortage issues in transactions and cross-border payments, has successfully upgraded its smart contract to the second stage. Prior to deployment, the smart contract was audited by ChainLight, a trusted Korea-based security firm under Theori with expertise in both Web2 and Web3 domains.
As a result, there is no high or critical issues found in Unitas Protocol, and 3 medium and 3 informational issues identified by ChainLight were fixed by the Unitas team. The full audit report is available on the Unitas Foundation website.
“The Unitas team demonstrated a high level of preparedness for the audit, with comprehensive documentation and robust testing procedures in place. We also enjoyed auditing the Unitas protocol because the concept itself was innovative,” said Brian Pak, CEO & Co-Founder of ChainLight. “It is important to note that potential risks may arise from macroeconomic factors or flaws in the source code, which require continued monitoring and management.”
Unitas Protocol mainnet was live on 31 July 2023 and before that, the testnet was launched after completing smart contract security audits by Sherlock. “Security and stability of the smart contract are the top priorities of Unitas,” said Sun Huang, co-founder and Chief Technology Officer of Unitas Foundation. “To ensure the best quality of Unitas protocol, each stage of the smart contract must undergo independent, multiple, and varied audits by different external third parties.”
In the first phase, Unitas protocol allows anyone to mint unitized stablecoins with USDT. It “unitizes” a USD stablecoin (e.g., USDT) into one local currency unit. The first unitized stablecoins open to minting are USD91 (INR-pegged), USD971 (AED-pegged), USD84 (VND-pegged), and USD1 (USD-pegged).
The first phase is focused on user engagement and application. The second phase, set for launch in September, centers on the role of Insurance Providers (IPs), who lend their USD stablecoins to the protocol to support its over-collateralization, a process known as “IP staking”. With the participation of IPs, including auctions, profit sharing, and 4REX token issuance, the Unitas protocol will operate independently and organically. For more details, please refer to the whitepaper.
Unitas Protocol is built for real-world stablecoin applications, solving USD liquidity issues in developing countries like India and Vietnam. Unitas Foundation will co-host the second edition of the Stablecoin Summit with the blockchain-enabled financial institution XREX Group on 20 September this year at Andaz Singapore.
About Unitas Foundation
Unitas Foundation is a non-profit organization founded in 2022. Unitas Protocol operates exogenously over-reserved stablecoins pegged to emerging market currencies. These stablecoins unleash emerging market potentials by facilitating foreign investment, cross-border payment, global market access, DeFi participation, efficient USD liquidity, and more.
To learn more about Unitas Foundation, visit its official website, Wiki, Telegram, Twitter, blog, or email [email protected].
About ChainLight
ChainLight is a blockchain security firm founded in 2016. Our clients span both Web2 and Web3 domains, including industry giants such as Microsoft, Samsung, Google, LG Electronics, Hyundai, DARPA, Upbit, Bur, Blast, and zkSync.
We are renowned for maintaining a record of zero client compromise and winning numerous CTF (Capture The Flag) hacking competitions. Additionally, we are a proud member of the Security Alliance (SEAL) led by Samczsun, Head of Security at Paradigm, committed to elevating the standards of blockchain security.
Disclaimer:
- The press release is only for informative purposes. It does not solicit funds, constitutes contractual offers or promises, or proffer any legal, investment, or tax advice. Please seek a licensed professional’s support to address your particular situation should you need any professional advice.
- Unitized stablecoin is an experiment intended to be a decentralized financial tool. For the avoidance of doubt, the crypto assets and stablecoins involved within the Protocol are not insured or audited by any third party, licensed or endorsed by any regulatory authority. Thus, the unitized stablecoin is subject to various risks, including but not limited to, liquidity risk, cybersecurity risk, regulatory risk, transactional risk, and human error risk. Please do your own research before participating in the Protocol. You can find more information at unitas.foundation.
View original content:https://www.prnewswire.co.uk/news-releases/unitas-protocol-upgrades-smart-contract-and-completes-security-audit-by-chainlight-302236408.html
Blockchain
Blocks & Headlines: Today in Blockchain – April 16, 2025 – Featuring XYO, Solx, JP Morgan, Fuse, and Bybit

In the fast-evolving universe of blockchain and cryptocurrencies, every new development has the power to reshape the future of digital finance, Web3 innovations, decentralized finance (DeFi), and even non-fungible tokens (NFTs). Welcome to Blocks & Headlines: Today in Blockchain – April 16, 2025, your comprehensive op-ed-style daily briefing that delves into today’s most significant trends, breakthroughs, and market shifts across the global blockchain and crypto space.
Drawing on insights from reputable sources including Crypto News, CryptoNinjas, The Paypers, Security Brief, and PR Newswire, this extensive analysis provides you with in-depth coverage of emerging projects, strategic partnerships, and innovative technological deployments shaping the industry. We go beyond the headlines to offer actionable insights, strategic commentary, and thoughtful reflections on the broader implications for investors, developers, enterprises, and enthusiasts operating in this dynamic landscape.
Throughout today’s briefing, we’ll explore how a new Layer 1 blockchain by XYO and its dual token system could herald a paradigm shift in blockchain architecture, how Solx is redefining blockchain presales and investor engagement, how a global financial powerhouse like JP Morgan is leveraging blockchain for payment innovation by integrating the GBP, why Fuse’s new partnership with Check Point is setting the stage for real-time blockchain firewalls, and how Bybit is evolving its Web3 ecosystem to place a stronger emphasis on core onchain services. Each section is crafted with an engaging, opinion-driven tone and peppered with SEO-rich keywords such as blockchain, cryptocurrency, Web3, DeFi, and NFTs.
Our goal today is to provide you not just with news summaries, but with critical analysis that explains why these developments matter and how they might influence future trends. Whether you’re an investor looking for new opportunities, a developer seeking cutting-edge insights, or simply a blockchain enthusiast eager for the latest updates, our comprehensive report will help you stay informed in a rapidly changing environment.
I. Introduction: Navigating the New Era in Blockchain
The blockchain revolution is more than a technological evolution—it is a complete rethinking of how value is created, transferred, and secured in the digital age. Over the past decade, we have witnessed an explosion of blockchain innovations, from the creation of cryptocurrencies and DeFi platforms to the rise of NFTs and decentralized applications (dApps). Today, the market is at a pivotal moment as traditional financial institutions, tech giants, and nimble startups converge to harness the transformative power of distributed ledger technology.
In this briefing, we take a deep dive into several major stories that are reshaping the contours of the blockchain ecosystem. We begin with an examination of XYO’s debut of its new Layer 1 blockchain and innovative dual token system. This development represents a fresh take on blockchain infrastructure aimed at addressing scalability and interoperability challenges. Next, we review how Solx is breaking new ground in the presale domain—a critical phase that sets the tone for many blockchain projects. Then, we analyze JP Morgan’s strategic move to integrate GBP into blockchain payments, which signifies growing institutional acceptance and mainstream integration of blockchain technology. Following this, we discuss the recent collaboration between Fuse and Check Point, which introduces a real-time blockchain firewall designed to fortify network security in a decentralized environment. Finally, we review Bybit’s strategic evolution in its Web3 ecosystem, an indication of how exchanges and platforms are adapting to the next phase of blockchain innovation.
The challenges of the blockchain realm are many—from regulatory hurdles and technological scalability to market volatility and cybersecurity concerns. Yet, as is evident from today’s news, every challenge also brings with it an opportunity for innovation, disruption, and progress. This briefing aims to capture that dynamic interplay between risk and reward, tradition and transformation.
II. XYO Debuts Public Beta of Its Layer 1 Blockchain and Dual Token System
A. The Announcement and Its Context
In today’s top story from Crypto News, XYO has officially debuted the public beta of its much-anticipated Layer 1 blockchain, featuring a dual token system that is designed to bring unprecedented flexibility and functionality to the ecosystem. This innovation is poised to offer a new paradigm in how blockchain networks operate by simultaneously addressing scalability, speed, and security concerns.
Source: Crypto News
B. Exploring the Dual Token Mechanism
At the heart of XYO’s announcement is the introduction of a dual token architecture. The model consists of two types of tokens: one primarily used for governance and utility within the network, and the other designed to serve as a store of value or a means to facilitate transactions between participants. By separating these functions, XYO aims to mitigate the inefficiencies seen in traditional single-token models where network congestion, high fees, and volatility can hinder performance.
This innovative approach enables enhanced tokenomics that can dynamically adjust to market conditions and user demand. For instance, the governance token may be used to incentivize participation in network decision-making and maintain system integrity, while the transaction token ensures rapid and cost-effective transfers of value. Such a system not only encourages a more sustainable and decentralized governance model but also offers technical advantages in terms of throughput and security.
C. Industry Implications and Strategic Analysis
From an op-ed perspective, XYO’s move is emblematic of a broader trend toward reimagining the fundamental building blocks of blockchain technology. In a time when scalability is one of the most critical challenges, innovating at the protocol level with a dual token system could pave the way for more flexible, resilient, and adaptive blockchain networks. This could have far-reaching implications for a variety of sectors including decentralized finance (DeFi), supply chain management, and even the burgeoning NFT markets.
Investors and developers alike should take note of XYO’s strategy as it represents a potential game changer. The dual token system, by separating utility and value functions, may offer a smoother user experience and potentially set new standards for network performance and security. Moreover, this move highlights the growing trend of protocol-level innovation where scalability and decentralization are not seen as mutually exclusive but as complementary objectives.
D. Opinion-Driven Reflections
In my view, XYO’s public beta is an important milestone that underscores the rapidly maturing blockchain sector. The technical nuances of the dual token system suggest that the future of blockchain may very well depend on such inventive architectures. As more projects experiment with multi-token frameworks, we could see a wave of platforms that are not only technologically superior but also more user-friendly and economically viable. The real challenge will be ensuring that these innovations translate into widespread adoption and not just remain proof-of-concept experiments. Nevertheless, XYO’s move is a forward-thinking step that reinforces the limitless possibilities of blockchain innovation.
III. Solx: Breaking the Mold of Notable Blockchain Presales
A. The Rise of a New Presale Model
A detailed report from CryptoNinjas shines a spotlight on Solx, a project that is revolutionizing the landscape of blockchain presales. Presales have long been a critical stage for blockchain projects, providing the initial capital and community momentum needed to launch a decentralized platform. However, traditional presale methods have often been fraught with issues like lack of transparency, high entry barriers, and market manipulation.
Source: CryptoNinjas
B. Innovations Introduced by Solx
Solx is breaking new ground by implementing a model that increases transparency, democratizes access, and enhances investor protection during the presale phase. Key features of Solx’s presale model include:
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Dynamic Pricing Models: Utilizing algorithm-driven pricing mechanisms to ensure that tokens are sold at market-reflective prices.
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Enhanced Transparency: Providing real-time updates and clear metrics so investors understand exactly where funds are going.
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Investor Safeguards: Implementing smart contract-based escrow services and automated refunds to mitigate risks associated with presale volatility.
These innovative steps are designed to empower both early-stage investors and the broader community, reducing the entry barriers that have historically limited participation in presales. The use of advanced smart contracts and transparent algorithms is proving to be a robust model that could set a new industry standard for how presales are conducted.
C. Strategic and Market Relevance
The implications of Solx’s approach reach far beyond a single project. In an era where initial coin offerings (ICOs) and blockchain presales have often been criticized for lack of accountability and susceptibility to scams, a more transparent and fair mechanism is urgently needed. Solx’s innovations are thus critical for restoring faith in the presale process and for fostering a healthier ecosystem that encourages long-term community engagement and investment.
For investors, this new model offers a safer and more predictable way to participate in early-stage blockchain opportunities. For blockchain developers, it provides a blueprint for how to structure token sales in a manner that prioritizes community trust and financial integrity over rapid, and sometimes reckless, fundraising.
D. Opinion and Future Outlook
From an opinion-driven angle, the strides made by Solx represent a significant turning point for blockchain financing. It is an example of how technology can be harnessed to solve longstanding issues in capital raising while simultaneously offering more equitable conditions for both founders and investors. As the blockchain sector continues to evolve, I expect that similar innovations will become the norm, further driving transparency and sustainability in crypto fundraising. The impact of such changes may be profound, potentially spurring a new era of responsible innovation and growth across the industry.
IV. JP Morgan Adds GBP to Blockchain Payments
A. Institutional Adoption and Global Expansion
A noteworthy development reported by The Paypers marks the integration of the British Pound (GBP) into JP Morgan’s blockchain payments system. This move signifies not only an expansion of the bank’s digital currency operations but also a signal of growing institutional confidence in blockchain technology as a viable payment platform for traditional fiat currencies.
Source: The Paypers
B. How GBP Integration Enhances Payment Solutions
JP Morgan, a global leader in the banking and financial services sectors, is leveraging its blockchain infrastructure to improve cross-border payments by introducing the GBP as a new transactional option. The addition of GBP is expected to:
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Enhance Transaction Efficiency: By reducing the time and costs associated with traditional correspondent banking.
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Boost Transparency: Providing a secure, immutable ledger that increases trust in payment processing.
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Enable Real-Time Settlements: Facilitating near-instantaneous transfers that can revolutionize the speed of international transactions.
This strategic enhancement to its blockchain payments platform not only underscores JP Morgan’s commitment to technological advancement but also demonstrates the bank’s intent to remain competitive in an increasingly digital financial landscape.
C. Broader Implications for the Financial Sector
Institutional adoption of blockchain-based payment systems by a heavyweight like JP Morgan is a watershed moment. It paves the way for broader acceptance of blockchain technology in traditional banking and finance—a move that could accelerate the convergence of legacy systems with decentralized innovations. Moreover, the inclusion of major fiat currencies like GBP highlights the potential for blockchain solutions to bridge the gap between conventional financial institutions and the emerging crypto world, creating a hybrid ecosystem where digital and fiat currencies coexist harmoniously.
D. Expert Opinion
In my analysis, JP Morgan’s integration of GBP into its blockchain payments system is a clear indicator that traditional banking is in the midst of a long-overdue digital transformation. By embracing blockchain, banks not only gain the benefits of enhanced efficiency and transparency but also position themselves to better serve an increasingly tech-savvy customer base. This development is likely to spur further institutional investments in blockchain technology, ultimately facilitating a smoother transition toward a more integrated and resilient global financial system.
V. Fuse Partners with Check Point for Real-Time Blockchain Firewall
A. Enhancing Security in a Decentralized World
A recent story from Security Brief highlights a critical innovation in the realm of blockchain security: Fuse, a blockchain infrastructure provider, has announced a strategic partnership with Check Point, a global leader in cybersecurity. Together, these companies are set to launch a real-time blockchain firewall designed to protect decentralized networks from emerging threats.
Source: Security Brief
B. The Mechanics of a Blockchain Firewall
As blockchain technology permeates increasingly sensitive sectors—from finance to supply chain management—the need for advanced, real-time security solutions has never been greater. The blockchain firewall developed by Fuse and Check Point uses AI-driven algorithms and machine learning to monitor network traffic, identify suspicious activities, and implement automated response protocols. This system represents a paradigm shift in cybersecurity:
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Real-Time Threat Detection: The firewall continuously analyzes data flows, enabling rapid identification of potential breaches.
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Automated Mitigation: Once a threat is detected, the system can automatically deploy countermeasures, reducing response times and minimizing damage.
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Enhanced Visibility: By generating detailed threat intelligence reports, the firewall offers unprecedented insights into the evolving threat landscape.
These innovations are particularly important in decentralized environments where traditional security measures may fall short. A dedicated blockchain firewall provides a critical layer of defense that is specifically engineered to address the unique vulnerabilities inherent in distributed systems.
C. Market and Security Implications
For the blockchain community, the Fuse-Check Point partnership signals an important evolution in how security is approached in decentralized networks. As the blockchain space continues to attract a wide range of applications, the risks associated with cyber-attacks and data breaches are growing exponentially. The introduction of a real-time blockchain firewall will not only help mitigate these risks but also set new standards for security best practices across the industry.
By integrating advanced cybersecurity measures into the blockchain infrastructure, this collaboration not only enhances user trust but also paves the way for further innovations in secure blockchain applications. Enterprises seeking to adopt blockchain technologies can now do so with the confidence that robust, state-of-the-art security solutions are in place to protect their digital assets.
D. Reflective Commentary
From an opinion standpoint, the emergence of blockchain-specific security tools such as the one developed by Fuse and Check Point is a timely and necessary evolution. In today’s increasingly interconnected digital ecosystem, the cost of a security breach can be catastrophic. As blockchain projects scale and new use cases emerge, ensuring that these networks are adequately protected must be a top priority. This partnership is a strong indication that the future of blockchain security lies in targeted, innovative solutions that address the very unique challenges of decentralized technologies.
VI. Bybit’s Strategic Evolution of Its Web3 Ecosystem
A. A Bold New Vision for Web3
In an exciting announcement detailed by PR Newswire, cryptocurrency exchange Bybit has outlined its strategic evolution to enhance its Web3 ecosystem, focusing on strengthening its core onchain services. This development is significant as it signals a deliberate pivot toward supporting an increasingly diverse array of decentralized applications (dApps), DeFi protocols, and NFT marketplaces.
Source: PR Newswire
B. Key Elements of Bybit’s Web3 Strategy
Bybit’s strategic evolution involves several critical areas:
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Enhanced Onchain Services: Upgrading blockchain infrastructure to support more rapid, secure, and scalable transactions.
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Support for Decentralized Applications: Fostering a robust environment for dApp developers by providing reliable, high-performance onchain services.
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Integration of DeFi Protocols: Embracing the growing trend in decentralized finance by enabling seamless integration of various DeFi platforms.
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Ecosystem Partnerships: Forging strategic alliances with other key players in the Web3 space to expand service offerings and network effects.
This multi-faceted approach aims to not only improve transaction speeds and security but also build a more vibrant and interconnected ecosystem. Bybit’s commitment to evolving its Web3 capabilities highlights the ongoing convergence between traditional financial markets and the emerging decentralized digital economy.
C. Impact on the Blockchain and Crypto Landscape
For the cryptocurrency industry, Bybit’s strategic evolution offers several promising implications. First, it reinforces the trend of major exchanges branching out into broader digital asset service platforms that cater to the diverse needs of modern users. Second, by focusing on core onchain services, Bybit is positioning itself as a key infrastructural player in the rapidly expanding Web3 space. This move is likely to stimulate further innovation, drive adoption of decentralized applications, and create more opportunities for collaboration across the crypto ecosystem.
D. Expert Analysis and Opinion
In my view, Bybit’s initiative is a visionary step that underscores the maturity and evolution of the blockchain space. As the boundaries between centralized and decentralized paradigms continue to blur, exchanges that adapt by investing in robust onchain solutions will have a definitive competitive edge. Bybit’s enhanced focus on Web3 is not merely a technological upgrade; it is a strategic recalibration that acknowledges and embraces the inevitable transformation of the financial landscape.
VII. Synthesizing Today’s Developments: A Holistic View of the Blockchain Ecosystem
A. Convergence of Innovation, Security, and Financial Integration
The five key stories we have explored today illuminate the multifaceted nature of the blockchain and cryptocurrency ecosystem in 2025. From groundbreaking innovations in blockchain infrastructure by XYO, through innovative fundraising strategies by Solx, to robust institutional adoption by JP Morgan, from cutting-edge security solutions developed by Fuse and Check Point, to Bybit’s transformative vision for Web3, each development is a testament to the relentless pace of innovation and adaptation in this space.
These diverse initiatives highlight several converging trends:
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Technological Innovation: As evidenced by XYO’s dual token system and Bybit’s onchain enhancements, new technological models are emerging that tackle long-standing issues in scalability, transparency, and security.
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Transparency and Trust: Solx’s reimagining of blockchain presales is a reminder that trust and transparency are paramount if we are to unlock the full potential of blockchain financing.
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Institutional Integration: JP Morgan’s expansion into blockchain payments with GBP integration confirms that traditional finance is actively embracing digital transformation.
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Advanced Security Measures: The partnership between Fuse and Check Point to develop a real-time blockchain firewall underlines the need for innovative and dedicated cybersecurity solutions in a decentralized environment.
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Ecosystem Collaboration: Bybit’s strategic move highlights the importance of cross-industry collaboration in fostering a robust Web3 infrastructure that supports a wide range of decentralized services.
B. The Strategic Imperative of Adaptability
What emerges is a clear picture: resilience and long-term success in the blockchain space depend on the ability to adapt and evolve. Projects that invest in security, innovation, and collaborative ecosystems are best positioned to meet the challenges of a dynamic global market. The rate of technological change in blockchain is extraordinary, and those who fail to adapt risk being left behind.
C. Opinion-Driven Takeaways
In reflecting on today’s news, it is evident that we are witnessing the birth of a new era in blockchain technology—a period that is defined by bold innovation, strategic partnerships, and a keen focus on security and user empowerment. As an industry observer, my perspective is that the initiatives discussed today—whether from pioneering startups or established financial institutions—are collectively shaping the future of digital finance and decentralized technologies.
The expansion of blockchain into traditional domains like banking, the redefinition of fundraising through transparent presales, and the development of specialized security tools are all necessary steps toward building a more resilient, inclusive, and efficient digital ecosystem. At the same time, the ongoing evolution of Web3 platforms like those championed by Bybit signals a future where decentralized applications and services become integral to both everyday transactions and major financial operations.
VIII. Strategic Recommendations for Blockchain Stakeholders
A. For Investors and Financial Institutions
Investors must remain alert to the rapid changes unfolding in the blockchain space. Diversifying your portfolio to include projects that emphasize technological innovation (like XYO and Solx), robust security measures (as seen in Fuse’s initiatives), and institutional-grade applications (exemplified by JP Morgan’s blockchain payments) is essential. Moreover, as adoption increases, investing in projects that facilitate integration between traditional finance and blockchain could offer substantial long-term gains.
B. For Project Developers and Technologists
For developers and technology providers, the key takeaway is to continue pushing the boundaries of what blockchain technology can achieve. Innovations such as dual token systems and AI-driven security measures have the potential to revolutionize the way decentralized networks operate. Embrace collaboration, build strategic partnerships, and focus on creating user-friendly and scalable solutions that address real market challenges. In doing so, you not only contribute to the advancement of the technology but also build a more resilient and innovative ecosystem for the future.
C. For Regulatory Authorities and Policy Makers
The rapid evolution of blockchain and crypto poses both challenges and opportunities for regulators. It is imperative to create a policy environment that encourages innovation while safeguarding consumer interests. Regulatory frameworks that accommodate the unique aspects of decentralized finance, such as dual-token architectures and transparent presale models, will promote healthy market growth. Engage with industry experts to foster dialogues that bridge traditional finance and blockchain innovation, ensuring a balanced approach that benefits all stakeholders.
D. For the Broader Blockchain Community
Finally, for entrepreneurs, enthusiasts, and everyday users, staying informed and engaged is key. As blockchain becomes more deeply embedded in various aspects of the global economy, community education and participation will be critical. Empower yourself with knowledge, join industry groups, and contribute to discussions that shape the future of this transformative technology.
IX. Concluding Insights: The Road Ahead for Blockchain and Crypto
A. Reflecting on Today’s Major Takeaways
Today’s briefing has provided an in-depth look at the cutting edge of blockchain innovation:
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XYO’s Public Beta: Demonstrates how dual token systems and next-generation blockchain architecture can address scalability and governance challenges.
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Solx’s Innovative Presale Model: Highlights the importance of transparency and investor protection in the fundraising process.
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JP Morgan’s GBP Integration: Confirms that even legacy financial institutions are embracing blockchain to optimize payment solutions.
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Fuse and Check Point’s Blockchain Firewall: Underlines the necessity for dedicated, real-time security measures in a decentralized environment.
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Bybit’s Web3 Evolution: Emphasizes how exchanges and digital asset platforms are adapting to support a comprehensive, interoperable decentralized ecosystem.
B. The Future of Blockchain: A Call to Action
As blockchain technology and cryptocurrencies continue their transformative journey, one thing is clear: the industry is at a crossroads where technological innovation, strategic partnerships, and robust security measures will determine long-term success. The developments we discussed today are not isolated incidents; they are part of a larger trend toward a more integrated, efficient, and secure digital future.
For those shaping the future of this space—from developers and investors to regulators and end users—the message is clear: adaptability, collaboration, and continuous innovation are the cornerstones of progress. Embrace the challenges, invest in visionary technologies, and join forces with industry leaders to build a blockchain ecosystem that meets the needs of tomorrow.
C. Final Thoughts
In conclusion, today’s roundup is a powerful reminder that every headline has far-reaching implications for the entire blockchain and cryptocurrency space. By understanding the strategic drivers behind these developments, we can better prepare for the changes ahead and harness the full potential of blockchain technology to create lasting value.
Thank you for joining us on this deep dive into today’s blockchain and crypto news. Stay informed, remain curious, and let’s continue to push the boundaries of what blockchain can achieve in reshaping our digital world
X. Final Words: Embracing the Future of Blockchain
As we wrap up today’s briefing, it is abundantly clear that the blockchain ecosystem is evolving at a breakneck pace. The disruptive innovations, strategic partnerships, and bold experiments happening across the globe are not only redefining what blockchain technology is but also expanding its role as a foundational pillar of the digital economy.
From new protocol architectures to transparent presale models, from institutional integration into payment systems to advanced cybersecurity solutions, each story reinforces the message that the future of blockchain is both promising and challenging. It demands vision, adaptability, and, most importantly, the commitment to continuous innovation.
In closing, I urge all stakeholders—from investors and developers to regulators and crypto enthusiasts—to stay engaged and proactive. The road ahead is filled with opportunities waiting to be seized, but it will require a collaborative, forward-thinking approach to overcome the hurdles that lie ahead.
Thank you for reading today’s comprehensive briefing on the most critical blockchain developments. Stay with us as we continue to bring you the latest insights and trends shaping the future of digital technology.
The post Blocks & Headlines: Today in Blockchain – April 16, 2025 – Featuring XYO, Solx, JP Morgan, Fuse, and Bybit appeared first on News, Events, Advertising Options.
Blockchain Press Releases
WHO and WEF Are Pushing AI in Global Healthcare — What It Means for the Market

Equity Insider News Commentary
Issued on behalf of Avant Technologies Inc.
VANCOUVER, BC, April 16, 2025 /PRNewswire/ — Equity Insider News Commentary – The potential for artificial intelligence (AI) in healthcare is still unfolding, both for patients and providers. A recent report from Deloitte found that 71% of healthcare industry leaders expect improved profitability this year, and it comes with rising AI implementation in care. At a global level, the World Health Organization (WHO) recently launched a new AI collaboration center for healthcare through the Digital Ethics Center at Delft University of Technology in the Netherlands, while the World Economic Forum (WEF) is championing prioritizing investments in evidence, infrastructure, and equity. At the innovation level, the private sector is making moves, with notable AI healthcare developments coming recently from Avant Technologies, Inc. (OTCQB: AVAI), BioXcel Therapeutics, Inc. (NASDAQ: BTAI), Tevogen Bio Holdings Inc. (NASDAQ: TVGN, TVGNW), Amesite Inc. (NASDAQ: AMST), and Palantir Technologies Inc. (NASDAQ: PLTR).
The article continued: According to analysts at McKinsey who have surveyed healthcare leaders about their perspectives and approaches to generative AI (gen AI) since 2023, recently found that 85% of respondents were exploring or had adopted gen AI capabilities. Barclays expects growth in the AI healthcare market to explode at a 30% CAGR through 2030, supported by rising investment from pharma companies, hospitals, and insurers.
Avant Technologies and JV Partner, Ainnova, Accelerate Expansion Across Latin America Following Key Role at Healthcare Innovation Summit
Avant Technologies, Inc. (OTCQB: AVAI), an emerging leader in AI-driven healthcare innovation, continues to build momentum in the AI-driven healthcare sector through its joint venture with Ainnova Tech, a leading healthcare technology company focused on revolutionizing early disease detection using artificial intelligence (AI) and developers of the Vision AI platform. Today, the two companies announced that following Ainnova’s sponsorship and its CEO’s key role at the 2025 Healthcare Innovation Summit in Mexico City, both Avant and Ainnova, through their joint venture, Ai-nova Acquisition Corp. (AAC), are building on Ainnova’s strong presence in Mexico by expanding its footprint across Latin America.
Ainnova has initiated its first commercial pilots in both Chile and the Dominican Republic to work directly with prestigious hospitals that cover the full spectrum of care—from primary to highly specialized services. These pilot programs aim to demonstrate, (i) cost reduction in preventive diagnostics; (ii) increased efficiency in medical resource allocation and patient flow; (iii) enhanced institutional reputation driven by technological innovation; and (iv) improved profitability for participating healthcare centers through optimized patient referrals.
The pilot programs leverage Ainnova’s proprietary Vision AI platform to identify health risks in real time, which enable seamless referrals for specialty care or further diagnostic tests when a positive risk is detected. The broader vision for the joint venture involves deploying an automated, low-cost retinal imaging device integrated with its AI-driven platform to deliver comprehensive preventive risk screening. From just two retinal images, blood pressure and some lab test information, the system will assess risks for: cardiovascular disease (CVD), type 2 diabetes, liver fibrosis, and chronic kidney disease (CKD).
The message that Ainnova’s CEO, Vinicio Vargas, continues to convey to audiences around the world is that this accessible, fast, and scalable solution is designed to support early intervention and targeted treatment strategies, with the ambition of reaching millions of patients globally in the coming years.
Avant has partnered with Ainnova to form AAC so the two companies can advance and commercialize Ainnova’s technology portfolio worldwide. AAC holds the global licensing rights to the technology portfolio, including its Vision AI platform and is versatile proprietary retinal cameras and algorithms validated on more than 2.3 million clinical data points.
This also follows Ainnova’s recent strategic alignment with Apollo Hospitals in Southeast Asia, where the Vision AI platform has been cleared for commercial deployment in Brazil, and clinical pilots are being prepared across the Americas. Avant and Ainnova have identified Brazil and the United States as key strategic markets. Ainnova is currently addressing regulatory pathways in Brazil with the support of its MDSAP certification to meet ANVISA requirements, paving the way for rapid market entry.
Ainnova is being guided by global CRO Fortrea ahead of the important pre-submission meeting with the FDA. The goal is to seek 510(k) clearance for Vision AI in detecting diabetic retinopathy, a gateway to broader use across multiple chronic disease categories.
At the same time, Ainnova is advancing its regulatory roadmap for the U. S. The objective is to begin clinical trials in the coming months to obtain FDA approval and commercialize its technology in the U.S.—initially targeting markets where reimbursement codes for diabetic retinopathy are already approved.
Between FDA progress, high-profile alliances, and a growing international presence, Avant Technologies continues to carve out a niche in the convergence of AI, diagnostics, and preventative care. Investors looking for small-cap exposure to the healthcare AI revolution may want to keep AVAI on the radar as these developments unfold.
CONTINUED… Read this and more news for Avant Technologies at:
Within its Q4 and FY 2024 financial results report, BioXcel Therapeutics, Inc. (NASDAQ: BTAI) highlighted that enrollment in its pivotal SERENITY At-Home Phase 3 trial has surpassed 60%, targeting agitation associated with bipolar disorder and schizophrenia using BXCL501. Topline data is expected in the second half of 2025 to support a potential sNDA for IGALMI® label expansion.
“We believe that our SERENITY program presents an exciting opportunity to address a substantial unmet medical need — the 23 million episodes of bipolar and schizophrenia-related agitation that occur annually in the United States at home1-3 — and expand the market potential for our lead neuroscience asset BXCL501,” said Vimal Mehta, Ph.D., CEO of BioXcel Therapeutics. “We are pleased that patient enrollment in our SERENITY At-Home pivotal Phase 3 trial is progressing well and that we have recently strengthened our cash position to further advance this important study.”
The company also highlighted reduced R&D and SG&A expenses in 2024, leading to a significantly lower net loss compared to 2023. A $14 million equity raise brought its total cash position to $35 million to help fund continued development.
Tevogen Bio Holdings Inc. (NASDAQ: TVGN, TVGNW) recently announced it has engaged Databricks to accelerate development of its proprietary PredicTcell AI platform, which models immunologically active peptides and predicts T cell receptor engagement. Databricks will contribute engineering expertise and data infrastructure to support the platform’s scalability and precision.
This builds on Tevogen’s broader AI initiative, Tevogen.AI, which also includes support from Microsoft Research. The company is aiming to transform precision medicine through machine learning and advanced immunotherapy modeling.
Amesite Inc. (NASDAQ: AMST) recently announced a successful soft rollout of its NurseMagic™ caregiver platform, targeting the 1.5 million non-clinical healthcare support workers in the U.S. With this expansion, Amesite estimates a 50% increase in its enterprise addressable market.
“We are accelerating contract closures, increasing deal sizes, and expanding existing agreements with a growing suite of features,” said Brandon Owens, VP of Sales at Amesite. “Organizations that deploy our platform across their entire workforce realize a disproportionate advantage—dramatically reducing audit risk and operational costs. By delivering the right NurseMagic™ solution to every employee, we empower agencies and corporations to seamlessly scale their contracts to cover 100% of their workforce with just a few clicks.”
The company has seen contract growth with hospice providers spike by over 3,000%, alongside a 1,000% increase in average contract size. NurseMagic™, built on Amesite’s proprietary AI and HIPAA-compliant infrastructure, aims to streamline documentation and improve patient care across clinical and non-clinical staff.
Palantir Technologies Inc. (NASDAQ: PLTR) has joined forces with R1 to launch R37, a dedicated AI lab focused on revolutionizing healthcare revenue cycle management. The partnership merges Palantir’s advanced agentic AI with R1’s data-rich infrastructure, which processes over 1.2 billion workflow actions and 180 million annual payer transactions.
“R1 brings unmatched ambition to an area of healthcare that desperately needs it,” said Alex Karp, co-founder and CEO of Palantir Technologies. “By embedding our engineers directly within R1’s operations, we can rapidly scale intelligent automation and drive measurable impact at speed—ultimately enabling providers to focus on delivering better patient care.”
R37 aims to automate labor-intensive tasks like coding, billing, and denials at scale, helping providers boost cash flow and reduce administrative overhead. The lab is already yielding promising results in testing, with enterprise rollouts expected in the second half of 2025.
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Blockchain Press Releases
Bybit Announces Strategic Evolution of Web3 Ecosystem with Enhanced Focus on Core Onchain Services

DUBAI, UAE, April 16, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced a strategic evolution of its Web3 product suite as part of the company’s commitment to delivering enhanced Onchain experiences. This initiative represents a focused approach to Web3 innovation, concentrating resources on high-value services while streamlining the overall product portfolio.
The strategic realignment sees Bybit maintaining and enhancing four core Web3 offerings: Seed Phrase Wallet, Airdrop Arcade, Onchain Staking, and DApp services. These services have demonstrated consistent user engagement and align with Bybit’s vision for providing seamless access to decentralized finance and Web3 ecosystems.
Since we unveiled our strategy to build Onchain Bybit, a more powerful decentralized trading platform, we have been actively exploring, refining and building on this vision. As part of the Onchain Bybit roadmap, we will gradually replace existing offerings and introduce new, user-friendly products — designed to meet the growing expectations of Web3 users and push the boundaries of decentralized trading.
“This strategic evolution represents our dedication to Web3’s foundational principles while adapting to the evolving needs of our users,” said Emily Bao, Head of Spot and Web3 at Bybit. “By focusing our resources on our most popular services, we’re creating opportunities to build more powerful, efficient Onchain tools that deliver genuine value. Our goal is to provide users with a lighter, more intuitive Onchain experience that maintains true self-custody principles while enhancing functionality.”
Strategic Product Consolidation Timeline
As part of this transition, Bybit is phasing out some Web3 services that have seen limited adoption, with the following schedule:
April 8, 2025 (Completed):
- NFT Pro
- Inscriptions Marketplace
- ApeX
- IDO (Initial DEX Offering)
- Buy Crypto
April 28, 2025:
- Web3 Points
May 31, 2025:
- NFT Marketplace
- Cloud Wallet
- Keyless Wallet
- Market page
- Dex Pro
- Swap & Bridge
Users with assets in services slated for future discontinuation are encouraged to withdraw or transfer them before the respective termination dates to their seed phrase wallets. To support this transition, Bybit will implement a remediation program to be announced at the end of April, allowing customers to work with support teams to recover assets after deadlines if needed.
Enhanced Onchain Experience
This realignment reflects Bybit’s strategic assessment of the evolving Web3 landscape and user preferences. The decision to maintain seed phrase wallets while discontinuing cloud and keyless alternatives prioritizes true self-custody, aligning with blockchain’s core principles.
To support users during this transition, Bybit has published comprehensive guides for transferring assets from discontinued services. For users unable to complete transfers before deadlines, Bybit’s planned remediation program will offer additional support options, with the remediation period adjusted based on observed withdrawal patterns.
Looking Ahead: Web3 Innovation
This strategic evolution represents a determination of Bybit’s Web3 innovation, positioning the company to deliver more focused, higher-quality experiences in an increasingly complex landscape.
“We’re entering a new phase of transformation and enhancement for our Web3 ecosystem,” concluded Emily. “By optimizing our product portfolio now, we’re creating the foundation for more impactful innovations in the future. Our commitment to Onchain excellence remains unwavering, and we’re excited to reveal new capabilities and services in the coming months.”
#Bybit / #TheCryptoArk / #BybitWeb3
About Bybit Web3
Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 130 million wallet addresses across over 30 major ecosystem partners, and counting.
Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as the world’s second-largest cryptocurrency exchange by trading volume, trusted by over 60 million users globally.
Join the revolution now and open the door to your Web3 future with Bybit.
For more details about Bybit Web3, please visit Bybit Web3.
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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