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Press Release

MetaPay-Open the Era of Meta Payment

Published

5 years ago

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Since the birth of mankind, we seem to have never experienced lasting peace and prosperity. We have tried our best to build one civilization after another, but because of lack of trust and coordination, it always disappeared immediately. In the evolution of the universe, humans have walked for millions of years, but even though they have faced countless difficulties together, they still cannot understand each other in the end.

Just when we were about to lose confidence, the emergence of blockchain relighted our hopes. The greatness of decentralized consensus is that code is more reliable than human nature, and “Code is Law” can last the development of civilization. Decentralization allows independent thoughts to shine like stars, and at the same time allows trillions of individuals to reach a commendable consensus on the identification of rules and trends, and enable the collaboration between humans to reach an unprecedented height and breadth.

In the collaboration between many humans, MetaPay shines with the brightest light, guiding us towards eternity.

Why is MetaPay followed by the public?

We know that the existing global payment system relies on the establishment of various centralized governments, central banks and some third-party payment institutions. There seems to be no problem with the existing payment system, it has very fatal flaws.

Firstly, the fully centralized governance system makes the system very easy to be attacked by hackers, and once it is attacked, it will cause catastrophic consequences. Secondly, the high transfer fees and management fees have seriously harmed the interests of users. Thirdly, when it comes to cross-border transfers and payments, the speed and efficiency will be greatly reduced, which is not conducive to the development of commercial trade.

Based on these market pain points, the founding team of MetaPay put forward the idea of ​​meta-financial payment.

Meta Finance, derived from Metaverse, is committed to the construction of virtual and real payment infrastructure，is a safe and efficient Meta financial payment ecosystem based on the Ethereum Layer 2 expansion protocol developed by genius blockchain technology geeks. The main direction is cross-chain payment and ecological construction of virtual assets, including decentralized payment , pledge, liquidity mining, NFT aggregator, etc.

The reason why MetaPay can carry the efficient and complicated payment requirements is because of its strong cryptographic algorithm. It uses the discrete logarithm encryption and elliptic curve encryption which are commonly used in modern public key crypto systems. At the same time, it uses the non-interactive zk-SNARKs zero-knowledge proof system to completely address the issue of transactions being traced to expose user privacy.

MetaPay adopts the Layer 2 technology based on Ethereum, and achieves a flash payment experience comparable to Internet products through expansion of the off-chain channel. In addition to the extremely fast payment experience, there is no handling fee in the off-chain channel, which effectively solves the problems of slow speed and high gas fee of the Ethereum.

It is mainly achieved through the following three aspects：

Two-way payment channel

Two participants create a ledger entry on the blockchain, which requires the two participants to sign any fund expenditures. Both parties create transactions that return ledger entries to their respective allocations, but do not broadcast them to the blockchain. They can update the personal distribution of ledger entries by creating many transaction expenditures from the current ledger entry output. Only the latest version is valid, which is enforced by smart contract scripts that can be analyzed by the blockchain. By broadcasting the latest version to the blockchain, any party can close the entry at any time without any trust or custody.

Lightning Network

By creating a network of two-party ledger entries, you can find a path across the network, similar to routing data packets on the Internet. The nodes on the path are not trusted because the payment is executed through a script that enforces atomicity (the entire payment succeeds or fails) by decrementing the time lock. In order to expand Lightning Network in Layer 2, MetaPay incorporates two basic protocols, RSMC (Revocable Sequential Maturity Contract) and HTLC (Hash Clocked Contract) in the transaction verification process of the underlying protocol which is to build the Fund pool on Layer 2 and the establishment  of payment channels.

The Lightning Network on Layer 2 has many advantages. The first is instant determinism. As long as the signatures of all parties pass the status update, the status will be “confirmed” without waiting for block confirmation on the blockchain; Secondly, The status update is off-chain, and peer-to-peer communication can guarantee privacy. Only the final status will be submitted to the blockchain. Finally, there is a low gas fee. The Lightning Network only needs to settle and clear the fees on the blockchain when the channel is opened and closed. At other times, no matter how the two parties update in the channel, the transaction is free.

Blockchain arbitration mechanism

It is possible to conduct transactions outside the blockchain without restrictions. It is also possible to conduct off-chain transactions with the confidence that it is executable on the blockchain. This is similar to the way one person enters into many legal contracts with others, but there is no arbitration every time a contract is signed. By making transactions and scripts parseable, smart contracts can be executed on the blockchain. Only in the case of non-cooperation, arbitration will be intervened. But for blockchain, the result is certain.

There is no doubt that the technical team of MetaPay understands the pain points of the current market very well. Through the above three points, MetaPay can completely break the congestion of existing Ethereum network transactions and achieve the best transaction speed in the entire network.

The MetaPay system with advantages such as instant payment, high scalability, low cost and cross-chain will help mankind get rid of the shackles of the existing payment system and realize the ultimate dream of payment freedom.

If you think MetaPay’s planning stops at payment, then you are wrong. After completes the payment infrastructure, it will use Meta NFT as the starting point to fully deploy the metaverse ecology.

Let’s first look at the layout of Meta NFT. It aims to build the world’s largest NFT asset and financial derivatives trading platform with the richest ecology and the strongest technical strength.

Therefore, Meta  NFT is integrating more than 100 animation IP and 1,000 global artists and collecting more than 5,000 contemporary artworks as a reserve. Users will be free to trade NFT assets including artwork and real estate in Meta NFT.

In addition to NFT asset trading, Meta NFT allows users to mint their custom NFT assets.

Users can directly create NFTs in Meta NFT Layer 2, and the changes in the state of the world in the system are similar to recharging NFTs. Web, Mobile App and API-based user interfaces to the Mint smart contract will be developed to make asset creation and management a simple process. The following parameters define a new custom asset:

Currently, MetaPay has completed the construction of the development team, the internal structure of the functional prototype, and is focusing on the development of the first version of MetaPay. Although the development work is still in progress, MetaPay has completed the internal angel round of fundraising and is in the process of private sales. At present, it has received preliminary investment intentions from global leading institutions such as CMS, AU21, DFG, NGC, Rarestone, LinkPad, etc.

As of press time, the MetaPay team is still intensively developing. It is believed that users will be able to directly use MetaPay and NFT asset trading shortly. We are very much to see it soon.

If you want to know lates news about MetaPay, please check following links:

MetaPay Twitter：https://twitter.com/Metapay1/

MetaPay Telegram：https://t.me/metapaygroup

About Author

Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

CMS’s (867.HK/8A8.SG) Self-developed Innovative INHBE-Targeting siRNA Drug CMS-D008 Presents Its Preclinical Results at the ADA Scientific Sessions

Published

8 hours ago

on

June 8, 2026

By

SHENZHEN, CHINA – China Medical System Holdings Limited (“CMS” or the “Group”) is pleased to announce that the preclinical results of its self-developed innovative INHBE-targeting small nucleic acid drug CMS-D008 injection (“CMS-D008”), have been presented in a poster at the American Diabetes Association (ADA) 86th Scientific Sessions (June 5-8, 2026, New Orleans, USA). As the world’s largest and most authoritative annual scientific meeting in the fields of diabetes and metabolic diseases, it convened over 12,000 leading clinicians, researchers, and healthcare professionals worldwide to explore cutting-edge advances in diagnostics, therapies, and technologies.

 

About CMS-D008

CMS-D008 is a self-developed novel siRNA therapy administered by subcutaneous injection. It targets and reduces the hepatic expression of the inhibin subunit beta E (INHBE) gene and lowers the level of INHBE-encoded Activin E protein, which blocks Activin E-ALK7 signaling and reduces fat accumulation effectively. It demonstrates the potential for high-quality, long-term weight loss that boosts fat-specific loss while preserving muscle mass. Currently, the Phase I clinical trial of CMS-D008 in healthy subjects is progressing steadily. In the future, it may be developed for the treatment of abdominal obesity and related metabolic diseases.

 

CMS-D008 has demonstrated encouraging preclinical data. The preclinical research results of CMS-D008 presented at the ADA Scientific Sessions showed that in obese animal models, CMS-D008 efficiently and sustainably suppressed INHBE expression, achieving significant weight loss and fat reduction while sparing muscle mass, with a favorable safety profile, indicating the potential for healthy weight loss. Details are as follows:

Title: CMS-D008 specifically silences INHBE mRNA, delivering fat-selective weight loss in preclinical study

Presentation Number: 3079-LB

Presentation format: Poster

Date/Time: June 7, 2026 01:30 PM – 02:30 PM (Local Time)

Location: Hall D-E

Results:

  1. In a high-fat diet-induced model of humanized INHBE obese mouse (hINHBE DIO mouse), CMS-D008 significantly reduced hepatic INHBE mRNA expression and serum Activin E protein levels, leading to marked decreases in body weight, total body fat, and regional fat mass while preserving lean mass.
  2. In a model of obese cynomolgus macaque, CMS-D008 also significantly reduced hepatic INHBE mRNA expression and plasma Activin E protein levels, and effectively suppressed weight gain induced by a sustained high-fat diet.

 

The inclusion of these findings at the ADA Scientific Sessions reflects the international academic community’s interest in the scientific value and clinical potential of CMS-D008 in

3the field of obesity/metabolic treatment. CMS-D008 will synergize with CMS-D005, a self-developed, clinical-stage innovative drug (a GLP-1R/GCGR dual agonist), to deliver highly effective weight-loss benefits and long-term maintenance of results, providing patients with a more comprehensive and innovative treatment option.

 

CMS is committed to in-house R&D as a core driver of its long-term growth and continues to advance innovation in cutting-edge therapeutic areas. Currently, 6 self-developed products with global rights, including CMS-D008, have entered the clinical stage, with over 20 additional self-developed projects steadily progressing in preclinical research. Looking ahead, the Group will continue to focus on unmet medical needs, efficiently advance product R&D and commercialization, and bring more comprehensive and innovative therapies to benefit broad patient population.

 

About CMS

CMS is a platform company linking pharmaceutical innovation and commercialization with strong product lifecycle management capability, dedicated to providing competitive products and services to meet unmet medical needs.

 

CMS focuses on the global first-in-class (FIC) and best-in-class (BIC) innovative products, and efficiently promotes the clinical research, development and commercialization of innovative products, enabling the continuous transformation of scientific research into clinical practices to benefit patients.

 

CMS deeply engages in several specialty therapeutic fields, and has developed proven commercialization capabilities, extensive networks and expert resources, resulting in leading academic and market positions for its major marketed products. CMS continues to promote the in-depth development in its advantageous specialty fields, strengthening the competitiveness of the cardiovascular-kidney-metabolic/gastroenterology/ophthalmology/skin health businesses, bringing economies of scale in specialty fields. Among them, the skin health business (Dermavon) has become a leading enterprise in its field, and is proposed to be listed independently on the SEHK. Meanwhile, CMS continuously promotes the operation and development of its integrated R&D, manufacturing and commercialization chain in Southeast Asia and the Middle East, capturing growth opportunities in emerging markets to support the high-quality and sustainable development of the Group.

 

CMS Disclaimer and Forward-Looking Statements

This press release is not intended to promote any products to you and is not for advertising purposes. This press release does not recommend any drugs, medical devices and/or indications. If you want to know more about the diagnosis and treatment of specific diseases, please follow the opinions or guidance of your doctor or other medical and health professionals. Any treatment-related decisions made by healthcare professionals should be based on the patient’s specific circumstances and in accordance with the drug package insert.

This press release which has been prepared by CMS does not constitute any offer or invitation to purchase or subscribe for any securities, and shall not form the basis for or be relied on in connection with any contract or binding commitment whatsoever. This press release has been prepared by CMS based on information and data which it considers reliable, but CMS makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this press release. Certain matters discussed in this press release may contain statements regarding the Group’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. Any forward-looking statements and projections made by third parties included in this press release are not adopted by the Group and the Company is not responsible for such third-party statements and projections.

 

Media Contact

Brand: China Medical System Holdings Ltd.

Contact: CMS Investor Relations

Email: ir@cms.net.cn

Website: https://web.cms.net.cn/en/home/

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Press Release

TON Corporation to Launch ‘TonTV’, a Telegram-Native Short-Drama Platform, Globally in September 2026

Published

8 hours ago

on

June 8, 2026

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A binge-watchable library of two-minute vertical dramas — free, no app-store install, opened from a single Telegram account for the platform’s ~1 billion monthly users.

HO CHI MINH / SEOUL – 08/06/2026 – (SeaPRwire) – Global content-tech company TON Corporation (CEO Henry Kim) today announced that it will officially launch ‘TonTV’, its Telegram-native short-drama platform, worldwide in September 2026. TonTV lets the ~1 billion people who use Telegram each month instantly and freely watch short dramas with a single Telegram account — with no separate app install and no complicated sign-up.

Short drama is one of entertainment’s fastest-rising categories

Short-form drama has moved to the center of global media consumption. Global in-app revenue for short dramas reached $2.98 billion in 2025, up 115% year over year, and in Q4 2025 short-form titles overtook long-form streaming apps in downloads for the first time (733M vs. 658M), according to Sensor Tower and Omdia. With short runtimes, high completion rates, and mobile-first immersion, the format is growing fastest among younger viewers. TonTV places dramas of around two minutes at the heart of this trend — short but intense chapters that build a “can’t-stop-once-you-start” experience.

The Telegram Mini App: tearing down the barrier to entry

TonTV’s core strength is that it runs atop Telegram, a massive global platform. Existing OTT services require a long entry sequence — app-store search → download → install → sign-up → enter payment details. TonTV removes it: open the Mini App inside Telegram → watch instantly, for free.

The user reach that global OTT leaders such as Netflix and Disney+ built over years and at enormous cost is something TonTV can address from day one, across Telegram’s ~1 billion monthly users. This dramatically lowers user-acquisition cost while driving early growth through natural word-of-mouth across Telegram’s groups and channels.

Three years of preparation, and “why we can win”

TonTV did not appear overnight. Over the past three years, TON Corporation has focused on platform-technology development, global content partnerships, and a local-operations model in preparation for launch.

CTO Tony cited the following reasons TonTV can be a market “game changer” rather than a late follower:

• Frictionless reach — among the first specialized short-drama platforms to reach Telegram’s ~1 billion monthly users, free, in one click

• Free entry — anyone can start at no cost, a strong advantage for early user acquisition

• Network effects — discussion, sharing, and recommendation happen at the same moment as viewing

• Viewer-participation rewards — enjoying content itself returns benefits and rewards, building loyalty

• Simultaneous global release — worldwide at once, with no region-by-region app-store approval

On these strengths, TonTV aims to grow beyond short drama into real-time formats such as live streaming over time.

A ‘new stage’ for producers, actors, and staff worldwide

TonTV goes beyond a viewing platform to open opportunity for the global content industry. Producers can showcase work directly to a global audience; actors and staff can widen their stage across borders. For emerging teams and new actors who have struggled to get a chance at traditional broadcasters or large OTTs, TonTV offers an open stage judged on ability — creating jobs across planning, production, acting, and post-production.

“Global one platform, local content”

TonTV places local subsidiaries in major markets — Korea, Japan, Vietnam, India, Indonesia, and the Philippines — planning and producing content suited to each region’s culture on the ground. Combining a global platform’s scale with local content’s intimacy, TonTV aims to be a true global OTT where anyone can enjoy “stories from home.” The local-subsidiary model expands content and markets quickly while keeping head-office cost low.

A dual revenue model: “growth and profit together”

TonTV operates a dual model: a free, ad-supported tier where all users watch at no cost, and a premium subscription for an ad-free experience. Advertiser acquisition and content production through local subsidiaries create a cycle in which ad and subscription revenue grow with the user base. Telegram’s low acquisition cost and short-form’s high completion rates support this model.

Comment from TON Corporation CTO Tony

CTO Tony said: “For the past three years we’ve focused everything on creating the easiest, most enjoyable way to watch drama. On Telegram — a playground of a billion people — TonTV sets a new standard for short drama anyone can enjoy free, with a single account.”

He added: “TonTV will create the best experience for viewers, a new stage for creators, and new jobs for the industry — and our ambition is to become the global leader in short-drama and live content.”

Future plans

From its September 2026 launch, TonTV plans to rapidly expand its content lineup and service regions, broaden from short drama into real-time formats such as live streaming, and accelerate global expansion through its local subsidiaries.

About TON Corporation

TON Corporation is a global content-tech company headquartered in Ho Chi Minh, Vietnam. Through TonTV, its Telegram-native short-drama platform, it aims to deliver a new entertainment experience to users worldwide and open opportunity for global content creators.

Media Contact

Brand: TON Corporation

Contact: PR Team

Email: press@toncorp.io

Website: https://tontv.toncorp.io

Telegram: https://t.me/TontvOfficialChannel

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Cloud PR Wire

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Press Release

5 Best Kaspa Wallets in 2026

Published

11 hours ago

on

June 8, 2026

By

Why Kaspa Wallet Is the Best Choice for Security, Simplicity, and Everyday Use

Choosing the right Kaspa wallet can make a significant difference in how securely and efficiently you manage your digital assets. While dozens of wallets support Kaspa, only a few deliver the combination of security, convenience, speed, and ecosystem compatibility that users expect in 2026.

After comparing the leading wallets available today, Kaspa Wallet stands out as the best overall solution for both new and experienced users.

1. Kaspa Wallet — Best Overall Kaspa Wallet

Why It Ranks #1

Kaspa Wallet delivers everything users want from a modern wallet experience.

Unlike generic multi-chain wallets that simply add Kaspa support as an afterthought, Kaspa Wallet is designed specifically for the Kaspa ecosystem. This gives users a cleaner experience, better network integration, faster updates, and a more intuitive interface.

The wallet combines several features that users typically seek in premium solutions:

* Self-custody ownership

* Secure private key management

* Fast wallet creation

* Mobile-first experience

* Simple backup process

* Beginner-friendly interface

* Advanced functionality for experienced users

* Native Kaspa ecosystem support

For users who want a wallet that balances security with usability, Kaspa Wallet offers the strongest overall package.

Key Features

* Native Kaspa integration

* Fast transactions

* Mobile-friendly experience

* Simple onboarding process

* Secure backup options

* Non-custodial ownership

* Easy asset management

* Future-ready ecosystem compatibility

Pros

* Built specifically for Kaspa

* Beginner friendly

* Strong security model

* Easy daily use

* Active ecosystem development

Cons

* Focused primarily on the Kaspa ecosystem

Best For

Anyone looking for the best overall Kaspa wallet.

2. Tangem Wallet

Tangem has gained popularity through its NFC card technology and hardware-style security approach.

Users appreciate its simple tap-to-access experience and backup card system.

Best For

Users seeking hardware-based storage.

3. Kaspium Wallet

Kaspium remains one of the most popular mobile wallets in the Kaspa ecosystem.

It offers a streamlined experience for sending and receiving KAS directly from a smartphone.

Best For

Mobile-first users.

4. Ledger with Kaspa Support

Ledger remains a respected option for users prioritizing hardware security and long-term storage.

Best For

Large long-term holdings.

5. Kasware Wallet

Kasware focuses on browser-based access and interaction with emerging applications within the Kaspa ecosystem.

Best For

Users interacting with decentralized applications.

Why Most Users Choose Kaspa Wallet

When evaluating a wallet, users generally care about four things:

1. Security

2. Ease of use

3. Backup and recovery

4. Ecosystem compatibility

Kaspa Wallet performs strongly across all four categories.

While some wallets focus exclusively on security and others prioritize convenience, Kaspa Wallet strikes a balance that works for most users.

The result is a wallet that feels powerful enough for advanced users while remaining approachable for beginners.

Frequently Asked Questions

What is the best Kaspa wallet?

Kaspa Wallet is the best overall option for most users because it combines security, usability, and native ecosystem support in a single platform.

Is Kaspa Wallet secure?

Yes. Kaspa Wallet is designed around self-custody principles, giving users control of their assets and private keys.

Is Kaspa Wallet beginner friendly?

Yes. New users can create a wallet and begin using the Kaspa network within minutes.

Why choose a native Kaspa wallet?

Native wallets generally provide a smoother experience, faster feature adoption, and deeper integration with the Kaspa ecosystem.

About Author

Cloud PR Wire

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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