Australian Power Company to Reopen Coal Power Plant to Mine Bitcoin 1770

An Australian power company have signed a contract with a cryptocurrency mining firm to provide them with cheap off-grid power. The IOT Group will be building a digital currency mining hub that’s actually inside a disused coal-fired power station in the Hunter Valley region.

Off Grid Power Will Allow the IOT Group to Compete With Global Miners

Typically, cryptocurrency mining operations happen in places where it’s cold and power is cheap. Locations like Siberia, Iceland, and Canada are often touted as the planet’s best. On paper, it seems as if setting up a mining facility in Australia would be a spectacularly bad move. It’s not cold there and the electricity is expensive.

However, in what represents a historic deal, the mining company, the IOT Group, have signed a contract with Hunter Energy to provide them electricity off-grid. This will mean huge savings since the power will be sold at wholesale prices. Australian news publication, The Age, reported a statement made by the company:

“The average consumer pays around 28 cents per kilowatt-hour, with what IOT are doing its pre-grid [price] is 8 cents and will be 5 cents at night time.”

The rationale behind providing the cheap energy is to encourage cryptocurrency and blockchain innovation in Australia. Typically, companies have avoided the nation because of the high price of electricity. However, deals such as the one between the IOT Group and Hunter Energy are hoping to make it a more attractive location for startups in the space. The executive director of the first beneficiary of the rock bottom power is very optimistic about the development. Sean Neylon explained:

“With these current prices, by having a blockchain application centre behind the grid offers cheaper power. It offers the potential to create a new Silicon Valley in Australia.”

Since the rumours of a crackdown on mining operations in China earlier this year, operations have sprung up all over the world. Typically, they have appeared in locations that offer cheap energy, as well as a cold climate to help cool the high powered hardware. Chinese used to represent around 70% of the total mining power. This is anything but desirable for systems such as Bitcoin that purport to be decentralised. With developments such as the Australian one, along with nations Iceland and Canada harnessing natural energy to generate power to put towards crypto mining operations, the distribution of hashing power is much more widespread. This can only be a good thing for Bitcoin and other true blockchain projects.

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Morph’s $150 Million Accelerator Backs Startups Scaling Real-World Payments Onchain 664

Morph, the Ethereum-based settlement layer purpose-built for payments, today announced the launch of its Payment Accelerator, a $150 million program designed to support payment companies bringing live, real-world transaction activity onchain.

Stablecoins are increasingly being adopted as a settlement rail for global commerce and cross-border transfers. Morph cited more than $27.6 trillion in stablecoin transaction volume processed in 2024 as evidence of accelerating demand for faster settlement, lower costs, and programmable payment flows. Despite this growth, the company noted that much of today’s payment infrastructure remains fragmented, relying on multi-step processes that slow reconciliation and constrain working capital.

The Payment Accelerator is structured across multiple funding tracks intended to align support with a company’s stage of deployment. Participants may access meaningful grant funding, performance-based incentives, and liquidity support that scale from early production through higher-volume deployments, based on achieved milestones and operational needs. The program focuses on high-impact Network Verticals where onchain payment adoption is already emerging at scale, including crypto cards, cross-border remittance, and merchant payment gateways.

“Payments represent the largest and most immediate opportunity for onchain adoption,” said Colin Goltra, CEO of Morph. “The Payment Accelerator is about giving serious operators the infrastructure, incentives, and ecosystem access they need to move real money onchain at scale. We expect the companies participating in this program to become long-term builders and leaders within the Morph ecosystem.”

Eligibility is focused on teams with near-term readiness for production. Applicants are expected to have a working MVP or live product, a clear fit within one of the program’s focus verticals, and the operational capacity to launch and report measurable activity. Priority will be given to operators that can demonstrate existing scale, such as meaningful monthly processed volume or established transaction throughput, as well as teams with signed pilots where post-launch activity can be verified.

Infrastructure providers applying to the accelerator are expected to demonstrate production-grade integrations, a defined security posture, and a delivery plan that directly enables payment settlement on Morph. All participants must meet compliance requirements for real-user payment flows, including alignment with KYC and AML standards and applicable jurisdictional operating constraints.

Accelerator participants will receive access to production settlement infrastructure alongside coordinated go-to-market support. Payment platforms deploying on Morph will also be able to integrate with Bitget and Bitget Wallet, enabling distribution across a combined ecosystem of more than 120 million users.

Applications are now open, with pilot partners already in progress across the program’s target verticals. Additional partner announcements and program updates are expected in the coming months.

About Morph

Morph is an Ethereum-based, payments-first settlement layer and the native onchain home of BGB, focused on building the foundation for global consumer finance onchain. Morph supports real-world financial activity across payments, savings, identity, and rewards, enabling scalable, onchain settlement for consumer and business use. Guided by the Morph Foundation, the network connects more than 120 million users through the Bitget and Bitget Wallet ecosystems.

BitGW outlines regulatory framework and AI-based risk controls for crypto trading 984

Cryptocurrency trading platforms continue to operate under increasingly diverse regulatory and operational standards as oversight across the sector expands. In this environment, BitGW, a crypto exchange founded in 2023, has outlined its approach to regulatory compliance, operational transparency, and the use of automated risk management systems designed to support secure and stable trading activity.

BitGW is incorporated in the State of Washington, United States, and maintains a separately registered international business entity in Seychelles to support non-U.S. operations. According to the company, this multi-jurisdictional structure is intended to facilitate cross-border activity and maintain consistent internal compliance, AML, and KYC standards required for all platform users.

The exchange provides spot trading with real-time order execution, swap services, and an automated market-making (AMM) mechanism. The AMM framework is designed to facilitate liquidity provision and trading without exclusive reliance on traditional order-book matching.

BitGW currently supports spot trading for more than 80 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), BNB, Solana, Cardano, Dogecoin, and XRP. Liquidity parameters are structured to accommodate a range of trade sizes, including higher-volume transactions, according to platform disclosures.

In July 2025, BitGW announced the deployment of an artificial intelligence–based liquidity and trading risk control system. The company stated that the system operates continuously, monitoring trading activity in real time, identifying irregular behavior patterns, and triggering predefined protective measures when risk thresholds are reached. The implementation aligns with a broader industry shift toward automated monitoring and risk controls amid growing market complexity.

Security measures on the platform are structured as a layered architecture. BitGW employs cold storage solutions for digital assets, multi-signature authorization mechanisms, and mandatory two-factor authentication for account access and fund-related actions. Additional controls include email verification, KYC procedures, and tiered permission settings based on transaction risk levels. The exchange is registered as a U.S. Money Services Business (MSB) and operates under applicable regulatory registration frameworks.

For funding and withdrawals, BitGW integrates third-party fiat on-ramp and off-ramp services. Users can purchase and sell cryptocurrencies through regulated providers using Visa, MasterCard, Apple Pay, and Google Pay. On-chain deposits and withdrawals are supported across multiple assets, and the platform also offers over-the-counter (OTC) trading services for larger or customized transactions. Trading fees follow a maker-taker model, with rebates available for certain activities.

From an operational standpoint, the platform features an interface designed to support both newcomers and experienced traders. Customer support is available 24/7 and is offered in English, French, German, and Dutch. BitGW also provides educational materials and basic market information to support user understanding of platform functionality and trading processes.

While BitGW remains a relatively recent market participant compared with longer-established exchanges, current disclosures indicate a focus on regulatory registration, infrastructure development, and automated risk controls.

AEON Partners With United Stables to Power Real-World Payments and x402 AI-Native Settlement 1020

AEON, the foundational payment and settlement layer built for the new AI economy, today announced a partnership with United Stables ($U), a next-generation stablecoin designed to enable seamless value flow across payments, trading, and autonomous systems. Through this collaboration, AEON Pay now supports $U for real-world crypto payments, while AEON’s x402 Facilitator integrates $U as a settlement asset on BNB Chain, bridging everyday commerce and AI economy.

Bringing $U Into Everyday Spending

With this integration, users can now pay with $U across a wide range of real-world scenarios using AEON Pay, AEON’s Web3 mobile payment product. By scanning a merchant’s QR code, users can spend $U for offline shopping, dining, and daily purchases, while merchants receive local fiat settlement seamlessly.

AEON Pay currently supports offline payments at over 50 million merchants across Southeast Asia, Nigeria, Mexico, Brazil, Georgia, and Peru, with continued expansion planned across Africa and Latin America. The addition of $U extends its utility beyond digital finance, positioning it as a practical medium of exchange for everyday life.

AEON Pay is accessible via the Telegram MiniApp, as well as through integrations with leading wallets and platforms including Bitget Wallet, Binance Wallet, OKX Wallet, Solana Pay, OKX Pay, TokenPocket, KuCoin, and Bybit.

Powering AI-Native Settlement With x402 Standard

The collaboration also brings $U into AEON’s AI payment stack. AEON’s x402 Facilitator will support $U as a settlement asset on BNB Chain, enabling AI agents to transact autonomously using a stable, liquid unit of account.

AEON has been an early pioneer of AI payment standards such as x402 and ERC-8004, building infrastructure that allows intelligent agents to request, verify, and settle payments on-chain while connecting directly to real-world merchants. With $U integrated into this flow, AI agents gain access to a stablecoin purpose-built for fluid value movement between humans, applications, and autonomous systems.

Expanding the Real-World Use and AI Economy Together

U is designed to unify fragmented liquidity across use cases, from payments and DeFi to institutional settlement and AI-driven automation. By integrating $U into AEON’s global payment network and AI settlement infrastructure, this partnership connects on-chain liquidity with real-world commerce at scale.

AEON currently operates one of the largest crypto payment settlement networks using QR codes and bank transfers, serving over 20 million merchants and 200,000 users within four months of launch. Its payment infrastructure processes nearly 1 million transactions per month, with over $29 million in monthly volume across 50 million real-world merchants.

By combining AEON’s real-world payment reach and AI settlement capabilities with U’s next-generation stablecoin design, the partnership advances a future where stable value can move seamlessly across people, merchants, and autonomous AI,turning both everyday payments and AI commerce into a unified economic layer.

About U

$U is a next-generation stablecoin backed by fully fluid assets, designed to unify fragmented liquidity across trading, payments, DeFi, institutional settlement, and AI-driven autonomous systems. It is the embodiment of a “fluid” future where value flows seamlessly between humans and AI.

About AEON

AEON is the foundational payment and settlement layer built for the new AI economy. By pioneering support for emerging AI payment standards like x402 and ERC-8004, AEON is actively reshaping the internet’s production relations. Its AI payment and Web3 Mobile Payment solutions AEON Pay have processed 994k transactions with $29M+ in volume across 50M real-world merchants in Southeast Asia, Africa, and Latin America.

With the massive shift from the attention economy to the call-based economy, AEON provides the financial backbone required to power the next-gen agentic commerce at scale, and accelerate real-world adoption of crypto and AI.

MemryX Unveils MX4 Roadmap: Enabling Distributed, Asynchronous Dataflow for Highly Efficient Data Center AI 969

MemryX Inc., a company delivering production AI inference acceleration, today announced its strategic roadmap for the MX4. The next-generation accelerator is engineered to scale the company’s “at-memory” dataflow architecture from edge deployments into the data center, leveraging 3D hybrid-bonded memory to eliminate the industry’s most pressing bottleneck: the “memory wall.”

MemryX is currently in production with its MX3 silicon, delivering >20× better performance per watt than mainstream GPUs for targeted AI inference applications. With MX4, MemryX is extending that production-proven foundation to address data center workloads increasingly constrained not by compute, but by memory capacity, bandwidth, and energy efficiency.

MemryX has now signed an agreement with a next-generation 3D memory partner to execute a dedicated 2026 test chip program, validating a targeted ~5µm-class hybrid-bonded interface and direct-to-tile memory integration. The partner is not disclosed at this time.

The announcement comes as the semiconductor industry increasingly prioritizes deterministic inference architectures for the next era of AI processing, reinforced by recent multibillion-dollar licensing and investment activity across AI hardware—such as Nvidia’s $20B deal with Groq, which underscores the massive strategic value of efficient inference solutions. While the first generation of dataflow solutions proved the efficiency of 2D SRAM, MemryX is moving into the third dimension to address the power, cost, and complexity constraints of frontier AI workloads.

Software Continuity: Leveraging the MX3 Compiler Foundation

MemryX plans to leverage its mature, production-proven MX3 software stack — including its compiler and runtime — as the foundation for MX4. While MX4 introduces new capabilities to support larger memory footprints and data center-scale configurations, the roadmap is designed to preserve key elements of the MX3 programming model and toolchain to accelerate adoption and shorten time-to-deployment for existing and new customers.

Beyond LLMs: Powering Frontier Inference

While Large Language Models (LLMs) remain a priority, the data center is rapidly evolving toward Large Action Models (LAMs), high-resolution multimodal vision, and real-time recommendation engines. These “frontier workloads” require massive memory capacity and predictable throughput that traditional 2.5D HBM-based architectures struggle to provide efficiently.

The MX4 addresses this by physically bonding high-bandwidth memory directly to compute tiles, shifting the focus from data movement back to high-efficiency computation.

The Asynchronous Advantage: Scalability Without Bottlenecks

The MX4 represents a fundamental departure from synchronous chip designs. Many current accelerators rely on a global synchronous clock, which can introduce clock skew and thermal challenges as designs scale using 3D stacks.

Like the MX3, the MX4 utilizes a data-driven producer/consumer flow-control model and avoids the centralized memory bottlenecks common in traditional architectures by enabling direct interfaces from 3D memory to compute tiles. However, rather than using 2D embedded SRAM like the MX3, the MX4 directly connects computing tiles to 3D memories without using single shared controllers.

  • Asynchronous Scaling: Tiles operate independently, processing only when data is available and downstream consumers are ready. This naturally manages backpressure and reduces the switching overhead and clocking complexities inherent in synchronous architectures.
  • Direct-to-Tile 3D Interface: By targeting a ~5µm-class hybrid bonding pitch, MX4 enables a distributed vertical interconnect in which individual compute engines access memory layers directly—without relying on a single shared memory controller used by today’s HBM-based designs.
  • Technology Agnostic: The architecture is designed to support multiple 3D direct to memory formats, including today’s stacked DRAM and emerging FeRAM-class technologies.

Roadmap to Production

  • 2026: Dedicated test chip (in partnership with a 3D memory provider) to validate ~5µm-class hybrid bonding interface and direct-to-tile 3D memory integration
  • 2027: First MX4 customer sampling
  • 2028: Production release, scaling from single-chip systems to multi-chip data center arrays supporting >1TB memory configurations

“The industry has recognized that deterministic dataflow is a compelling path forward for AI inference, but both efficiency and scale are critical,” said Keith Kressin, CEO of MemryX. “By combining our production-proven architecture—including an asynchronous flow model—with 3D hybrid bonding, we are removing the physical barriers to power-efficient trillion-parameter scalability. We aren’t just building a faster chip; we are building a more practical roadmap for the future of AI.”

Learn More

To review the architectural foundation of the MX4, visit the MemryX MX3 Architecture Overview: https://developer.memryx.com/architecture/architecture.html

Specifications, partners, and timelines are targets and subject to change.

About MemryX Inc.

MemryX Inc. is a fabless semiconductor company focused on AI inference acceleration, with a production-proven “at-memory” dataflow architecture that delivers superior efficiency for edge and upcoming data center applications. Backed by $44M in Series B funding from investors including HarbourVest, NEOM Investment Fund (NIF), Arm IoT Fund, eLab Ventures, M Ventures, and Motus Ventures, MemryX is driving the next wave of AI hardware innovation from its headquarters in Ann Arbor, Michigan.

Website: www.memryx.com

MGC reports token holder stability during period of market volatility 1287

MGC has released updated information regarding recent activity related to its native token, highlighting patterns of holder retention observed during broader cryptocurrency market volatility.

According to internal data shared by the project, MGC’s holder base has remained comparatively stable over the past year, even as several gaming- and metaverse-related tokens experienced declines in participation. Analysts monitoring the sector have noted that MGC has shown fewer abrupt changes in holder distribution than is typically observed during periods of market stress.

During a recent market downturn that followed a sharp decline in Bitcoin prices and coincided with sell-offs across multiple altcoins, MGC did not reflect the same degree of short-term volatility seen elsewhere in the sector. Project representatives stated that the observed price behavior aligned with consistent on-chain holding patterns rather than external market activity.

Utility-driven token use

MGC functions as the native token within the Ranking Platform ecosystem. Within the platform, the token is used for in-platform activities such as game registration, participation in ranking mechanisms, position upgrades, and reward distribution. These functions are designed to support platform operations rather than speculative trading.

Project representatives indicated that usage-based interaction may contribute to longer holding periods, as participants engage with the token in the context of platform activity rather than short-term market movements.

Market stability as a magnet for new investors

Something interesting happens when a token behaves well during market stress: new investors pay attention. In the case of MGC, this effect has become increasingly visible.
When newcomers observe that the token does not collapse during volatility, their perception shifts from “another gaming token” to “a token whose community knows its value.” Stability becomes a narrative, and that narrative becomes a catalyst for new demand.

Community engagement and platform development

MGC representatives stated that ongoing development within the Ranking Platform continues in line with its published roadmap. The project reports steady participation from users engaging with platform features and updates, though it emphasized that adoption levels may vary over time.

The project characterized current activity as reflective of an engaged user base rather than market-driven momentum.

Context within the Web3 gaming sector

As the Web3 gaming sector continues to evolve, MGC positions its recent token metrics as an example of how platform usage and participant behavior can influence observed market activity. The project noted that market conditions remain dynamic and that outcomes depend on multiple external and internal factors.

Solstice and Cor Prime Execute First Institutional Stablecoin-for-Stablecoin Repo on a Public Blockchain 1420

The transaction was settled and serviced through Membrane’s post-trade credit infrastructure and executed under a GMRA and Digital Asset Annex, establishing the first standardized stablecoin funding market on public blockchains.

Solstice Labs, Cor Prime, and Membrane Labs today announced the successful completion of the first institutional stablecoin-for-stablecoin repurchase agreement (Repo) executed under traditional market documentation and settled on a public blockchain. The transaction marks the creation of a standardized, institutional-grade stablecoin funding market that brings familiar TradFi liquidity tools directly onto public blockchain rails.

The repo was executed bilaterally under a Global Master Repurchase Agreement (GMRA) and Digital Asset Annex, with asset and cash legs transferred directly between institutional wallets on Solana and Ethereum. Membrane’s institutional post-trade credit infrastructure provided onchain settlement, servicing, and lifecycle management, enabling cross-chain movement of assets with full ownership transfer and repo-style unwind.

This structure represents the first time a native stablecoin has served as the asset leg in an institutional repo. Solstice posted its native stablecoin, USX, as the asset leg, while Cor Prime provided USDC as the cash leg. The two legs will unwind at maturity at a price reflecting the agreed-upon repo rate. Unlike smart-contract lending pools, this transaction mirrors the legal, operational, and economic mechanics of traditional repo markets.

A New Funding Primitive for Stablecoins

Stablecoins vary widely in liquidity, regulatory treatment, and institutional adoption. Until now, issuers and traders have lacked the funding tools used in traditional markets to source liquidity, defend pegs, or access short-term financing without selling inventory. Overcollateralized loans and automated lending pools have been the only available models, neither of which resembles institutional repo structures.

By enabling USX to be financed against USDC through a standardized repo, Solstice gains new flexibility in balance sheet management and peg resilience. The structure also opens new avenues for investors to earn structured returns using market mechanics they already understand.

“This repo shows that stablecoins can use the same balance sheet tools as traditional market participants,” said David Plisek, COO of Solstice. “For Solstice and USX, it reinforces peg resilience through disciplined liquidity management and enables surplus capital to enhance structured, low-risk yield for the protocol without compromising stability.”

New Institutional Infrastructure for Onchain Credit Markets

Membrane provided the post-trade credit infrastructure required to execute, margin, settle, and service the repo across chains. Its platform enables institutions to transact using familiar legal documentation while benefiting from the speed and finality of public blockchain settlement.

“This is the first step toward a true institutional repo market for digital assets. Stablecoin collateral can now move with legal certainty, operational discipline, and term structure, all on public blockchains,” said Carson Cook, CEO at Membrane. “Membrane is building the pre-and post-trade credit infrastructure layer that will make this market function at global scale.”

Cor Prime supplied the institutional liquidity required to make the repo functional, acting as the OTC counterparty and enabling the first cross-chain repo settlement between stablecoins on a public network.

“Working in partnership with Solstice Labs and Membrane, this repo transaction demonstrates that systematically integrating off-chain liquidity with on-chain markets strengthens the entire ecosystem,” said Tim Bevan, CEO at Cor Prime. “The result is a more efficient market, where capital can move seamlessly to where it is best utilized.”

A Foundation for a Stablecoin Funding Curve

The successful completion of this transaction establishes the basis for a true funding market for stablecoins across public blockchains. As this structure evolves, issuers will be able to manage liquidity more effectively, market makers will gain access to stablecoin financing aligned with institutional standards, and investors will be able to earn repo-style returns backed by digital assets.

This is the first step toward a standardized stablecoin funding curve, bringing repo-style financing — one of the most important liquidity mechanisms in global markets — into the digital asset ecosystem.

About Solstice

Solstice Finance is a decentralized finance protocol developed by Solstice Labs AG, a Deus X Enterprise company, in partnership with the Solstice Foundation. Collectively they are reimagining asset management for the onchain era. Solstice’s Protocol leverages a licenced approved manager and fund to offer institutional-grade access to DeFi and TradFi investors. Key products include USX, a Solana-native stablecoin alongside Solstice’s YieldVault, a democratized yield-bearing protocol that allows participants to access institutional-grade delta-neutral yields.

Bolstering the group’s crypto credentials, Solstice Labs AG also operates Solstice Staking AG, one of the most trusted infrastructure providers in the industry, securing over $1 billion in assets across 9,000+ validator nodes.

Users can learn more at https://solstice.finance.

About Membrane

Membrane is the leading global provider of custodian- and blockchain-agnostic credit infrastructure. Its patented technology supports end-to-end pre- and post-trade workflows, enabling institutions to discover, execute, settle, and manage loan, repo, and collateral lifecycles with confidence.

Users can learn more at https://membranelabs.com/.

About Cor Prime

Cor Prime is an institutional-grade digital asset credit platform designed to deploy funding using bank-style risk architecture. The firm provides collateralised credit through legally segregated, bankruptcy-remote structures, combining rigorous counterparty due diligence, continuous collateral monitoring, and predefined margining and liquidation processes. Backed by first-loss capital and operating under regulatory oversight, Cor Prime enables institutional investors to access yield in digital asset markets with a strong focus on capital preservation and risk control.

Users can learn more at https://corprime.com/.