Blockchain
LBank Exchange Will List PEGO Network (PG) on July 17, 2023
Road Town, British Virgin Islands–(Newsfile Corp. – July 17, 2023) – LBank Exchange, a global digital asset trading platform, will list PEGO Network (PG) on July 17, 2023. For all users of LBank Exchange, the PG/USDT trading pair will be officially available for trading at 8:00 UTC on July 17, 2023.
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PEGO Network (PG) is a Web3 infrastructure that provides high autonomy, scalability, and sustainability for decentralized applications Its native token, PG, will be listed on LBank Exchange at 8:00 UTC on July 17, 2023, with the goal of expanding its global footprint and supporting the realization of its forward-thinking objectives.
Introducing PEGO Network
LBank Exchange is thrilled to announce the upcoming listing of PEGO Network (PG), a Web3 infrastructure that provides high autonomy, scalability, and sustainability for decentralized applications. PEGO has designed a fully community-driven autonomous Web3 infrastructure, where all on-chain parameters can be flexibly adjusted through proposals initiated by the community. According to the PPOS consensus, the established composite economic incentive mechanism can promote the sustainable development of the PEGO ecosystem. Additionally, the PEGO blockchain is fully compatible with the EVM system, making it an ideal choice for developers aiming to build scalable decentralized applications.
PEGO offers solutions to current blockchain ecosystem challenges. It introduces the NFT-PNN identity verification system, allowing users to stake PNN and use PGVT to become network validation nodes. PEGO establishes a composite economic incentive model based on the PPOS mechanism to promote long-term LP participation and provide liquidity solutions. The EVM-compatible system architecture supports various development languages, making it developer-friendly for building DApps. PEGO follows principles of decentralization, compatibility, interoperability, and broad consensus. It aims to achieve goals such as shorter block generation time, cross-chain functionality, and on-chain governance. PEGO’s consensus protocol, PPOS, ensures fair rewards for network participants. Validator nodes are elected through user voting, and rewards are distributed separately to voters and nodes. The PEGO network supports multi-language programming, has a virtual machine for smart contracts, and offers open interfaces for developers.
PEGO believes that current developments in Web3 are insufficient for widespread adoption and that decentralized autonomy is the key to innovation. By leveraging DAO technology, PEGO aims to enhance community autonomy and coordination. With its experience in DAO self-governance, PEGO strives to contribute to the development and popularization of Web3. The iterative evolution of PEGO prioritizes community development and inclusivity, creating a platform for all community members rather than a specific group.
About PG Token
PG is the governance token of the PEGO Network, serving as a vital component for participation in the ecosystem and representing the consensus value. It can be used for governance voting, incentives, and rewards to encourage community engagement. PG is required for super node staking and voting, and it can be used to introduce new tokens into liquidity pools and farms through community proposals. PG can also be acquired through staking and collateralizing assets through W3BANK. Incentives, bonuses, airdrops, and gas rewards for block production are distributed in PG.
Based on PEGO Network, PG has a total supply of 100 million (i.e. 100,000,000). Of this, 95% is fully allocated to incentivize behavior, while the remaining 5% is open to supporters and long-term participants in the PEGO ecosystem, distributed through airdrops. It will be listed on LBank Exchange at 8:00 UTC on July 17, 2023, investors who are interested in PEGO can easily buy and sell it on LBank Exchange by then.
Learn More about PEGO Token:
Official Website: https://pego.network/#/
Twitter: https://twitter.com/pegonetwork
Telegram: https://t.me/pegoofficial
Discord: https://discord.com/invite/TNJH7tUA5k
Explorer: https://scan.pego.network/
About LBank
LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute to the global adoption of cryptocurrencies.
Start Trading Now: lbank.com
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Press contact:
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Business Contact:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/173647
Blockchain
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Blockchain
Blocks & Headlines: Today in Blockchain – May 29, 2025 (Vaulta, Fosun, Signing Day Sports, Credit Unions, Gaming Innovations)

Welcome to Blocks & Headlines, your definitive daily briefing on the latest blockchain breakthroughs, cryptocurrency developments, and Web3 innovations. In today’s edition—May 29, 2025—we explore five pivotal stories shaping the decentralized economy:
- FT Analysis: Crypto Regulation and Institutional Adoption
- Signing Day Sports Seals Deal with Blockchain Digital Infrastructure
- Vaulta & Fosun Partner to Power Hong Kong’s Blockchain Backbone
- Transforming Online Gaming: Blockchain’s Next Frontier
- Credit Unions Embrace Blockchain for Trustworthy Financial Services
This op-ed–style roundup delivers concise yet insightful coverage, critical analysis, and expert opinion on each development’s relevance within the broader blockchain and cryptocurrency ecosystem.
1. FT Analysis: Crypto Regulation and Institutional Adoption
Overview. The Financial Times reports on evolving global regulatory landscapes and their impact on institutional cryptocurrency adoption. FT highlights how major funds and asset managers navigate compliance frameworks in the US, EU, and Asia to integrate digital assets into traditional portfolios.
Source: Financial Times
Detailed Analysis. As regulators across jurisdictions craft tailored guidelines—from MiCA in Europe to the SEC’s evolving crypto classifications in the US—institutions face a balancing act between innovation and compliance:
- MiCA’s Market Integrity Measures: New EU rules mandate clear disclosures for stablecoin issuers and exchange operators, raising the bar for consumer protection.
- SEC’s Custody Interpretations: Emerging guidance on digital asset custody models, including qualified custodians versus self-custody frameworks.
- Asia’s Sandbox Approaches: Hong Kong and Singapore expand sandbox programs, offering controlled environments for DeFi and tokenization trials.
Opinion. Regulatory clarity is the linchpin for institutional inflows. While stringent frameworks may seem burdensome, they ultimately foster market confidence and prevent systemic risks. Asset managers should proactively engage with policymakers, leveraging sandbox insights to shape pragmatic, innovation-friendly regulations.
2. Signing Day Sports Seals Deal with Blockchain Digital Infrastructure
Overview. According to TradingView’s Reuters feed, Signing Day Sports has executed a definitive agreement to acquire Blockchain Digital Infrastructure, a profitable data-hosting specialist serving DeFi and NFT platforms.
Source: Reuters via TradingView
Detailed Analysis. The acquisition underscores the rising value of specialized blockchain infrastructure:
- Scalable Data Nodes: Blockchain Digital Infrastructure operates 150+ high-throughput nodes, ensuring low-latency data delivery for real-time sports NFT drops.
- Profitability Metrics: The company reported $32 million in EBITDA last fiscal year, highlighting sustainable revenue in a niche market.
- Strategic Synergies: Signing Day Sports plans to integrate hosted nodes into its upcoming sports collectibles marketplace, guaranteeing seamless token minting during high-traffic events.
Opinion. In Web3, infrastructure is the invisible backbone. For NFT marketplaces and DeFi protocols, node reliability and data throughput directly impact user experience—and ultimately, revenue. This move positions Signing Day Sports to compete at scale, setting a precedent for vertical integration in blockchain hosting.
3. Vaulta & Fosun Partner to Power Hong Kong’s Blockchain Backbone
Overview. Coindesk reports that Vaulta, a leading digital asset platform, is teaming up with Fosun International to develop blockchain infrastructure for Hong Kong’s emerging crypto hub.
Source: CoinDesk
Detailed Analysis. The collaboration aims to build secure, high-performance rails for trading, custody, and tokenization:
- Layer-1 Interoperability: Joint development of a cross-chain protocol connecting Ethereum, Binance Smart Chain, and local DLT frameworks.
- Institutional Custody Solutions: Licensed trust entities under Fosun’s umbrella will offer insured cold-storage services for professional investors.
- Regulatory Cooperation: Partnership includes a liaison with the Hong Kong SFC to ensure compliance with the new Virtual Assets Service Provider (VASP) regime.
Opinion. Asia remains a hotbed for blockchain innovation, but regulatory fragmentation poses hurdles. Vaulta’s alliance with Fosun exemplifies public-private synergy—combining local market expertise, financial strength, and technical know-how to anchor the city’s digital asset ambitions.
4. Transforming Online Gaming: Blockchain’s Next Frontier
Overview. TronWeekly examines how blockchain technologies—especially NFTs and decentralized marketplaces—are redefining online gaming economies.
Source: TronWeekly
Detailed Analysis. Key trends driving gaming’s blockchain revolution:
- Play-to-Earn Economies: Games like Axie Infinity and emergent titles use tokenized rewards and NFT-based assets to create real-world value for players.
- Decentralized Marketplaces: Platforms such as Enjin and Immutable X offer gas-free trading environments for in-game items, enhancing liquidity.
- Cross-Game Asset Portability: Standards like ERC-1155 enable items to move seamlessly between compatible titles, fostering interoperability.
Opinion. Gaming is blockchain’s killer app. Beyond speculative hype, tokenization can democratize game economies, allowing genuine ownership and secondary markets. Developers must, however, tackle scalability and user onboarding frictions—layer-2 solutions and intuitive wallets are essential for mass adoption.
5. Credit Unions Embrace Blockchain for Trustworthy Financial Services
Overview. AP’s business coverage highlights several US credit unions piloting blockchain-based platforms to enhance transaction transparency, reduce settlement times, and cut cross-border remittance fees.
Source: AP News
Detailed Analysis. Examples of credit union blockchain pilots:
- Consortium-Led DLT: A consortium of midwestern credit unions uses a permissioned Hyperledger Fabric network to settle inter-credit-union payments in near real-time.
- Remittance Solutions: Deployment of Stellar-based rails reduces remittance costs by up to 60%, benefiting diaspora communities.
- Member Identity Management: Verifiable credential systems streamline KYC processes, reducing onboarding time from days to hours.
Opinion. As community-focused institutions, credit unions can leverage blockchain to reassert their value proposition—offering cost-effective, transparent services that rival large banks and fintechs. Success will hinge on member education and seamless integration with legacy core banking systems.
Central Themes
Today’s dispatch reveals five core themes:
- Regulatory Engagement: From FT’s analysis to Hong Kong’s VASP regime, clear rules underpin institutional and retail growth.
- Infrastructure Control: Signing Day Sports’ acquisition and Vaulta’s Fosun partnership demonstrate the premium on reliable blockchain rails.
- Economic Innovation: Play-to-earn gaming and credit union pilots show tokenization’s real-world impact.
- Interoperability Focus: Cross-chain protocols and ERC-1155 standards drive seamless Web3 experiences.
- Market Confidence: Institutional adoption and compliance frameworks foster long-term trust.
Conclusion
In today’s Blocks & Headlines, we see blockchain’s evolution from experimental playground to enterprise-grade infrastructure: regulators clarify, institutions invest, communities adopt, and developers innovate. Whether you’re tracking regulatory shifts, infrastructure deals, gaming revolutions, or financial cooperatives, the decentralized ledger continues to reshape industries.
Join us tomorrow for Blocks & Headlines, where we continue to unpack blockchain’s latest breakthroughs—one block at a time.
The post Blocks & Headlines: Today in Blockchain – May 29, 2025 (Vaulta, Fosun, Signing Day Sports, Credit Unions, Gaming Innovations) appeared first on News, Events, Advertising Options.
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