Press Release
NEW EAR : Leading Ethereum Layer 2 Solution
Despite being six years old today, Ethereum, in all its glory, is still facing issues like scalability and pocket-burning gas fees. The network can address these concerns via two options – sharding and Layer 2 (L2) solutions.

Though the network is trying hard to incorporate a sharding scaling solution on ETH 2.0, it remains a distant dream as the team is far behind in terms of development. It leaves us with the second option, which is a Layer 2 (L2) scaling solution.
An L2 solution runs on top of the main chain (Layer 1 or L1) of Ethereum. It exists on the Ethereum network as a smart contract and does not need changes to the base level protocol to interact. L2 solutions have different functions, like scaling payments, off-chain computation, or smart contracts. However, they all have one similar feature – to move most of the transactions off the chain. This allows L2 solutions to improve the transaction processing rate (TPS) while lowering the gas fee. As the Ethereum network gets congested and incurs high gas fees on even simple transactions, many L2 solutions have come up in the crypto space to solve the inherent issues.
NEC(New Era) is a Layer-2 chain aggregator based on the core concept of Ethereum expansion, which does not affect decentralization and utilizes the existing developer community and ecosystem. It is an offline/side chain extension solution for existing platforms, which can provide scalability and excellent user experience for DApp/ user functions.NEC proposes a decentralized and configurable two-tier side chain network, which provides storage function and supports transactions with high throughput, low cost and low delay. This system is the configuration and deployment of Byzantine fault-tolerant side chains with high throughput, compatibility with Ethereum virtual machines, support for storage, and can prove security.A subscription-based decentralized network is provided. The side chain of each certificate of interest is highly configurable, which is composed of nodes pledging NEC certificate on Ethereum main network, and its consensus mechanism uses asynchronous Byzantine fault-tolerant protocol.
With its strong technical strength and advanced innovation, it quickly won the pursuit of global investors.At present, NEC (New Era) and Grayscale Investment have reached a strategic cooperation. Grayscale Investments®, the world’s largest digital currency asset manager continues to seek ways to better meet growing investor demand for exposure to digital assets through familiar, secure, and regulated investment products.“We’re eager to expand our product offerings to better serve our investors,” said Grayscale CEO Michael Sonnenshein. “The digital currency universe is constantly evolving and we seek to identify bold, interesting, and innovative opportunities that satisfy our investors’ demand for differentiated exposure to this burgeoning asset class.”The process of creating an investment product structured similarly to those Grayscale already offers requires significant review and consideration, and is subject to substantial internal controls, sufficiently secure custody arrangements, and regulatory considerations. As such, there is no guarantee that assets named in the above list will receive a corresponding investment product.This cooperation will help promote the expansion of NEC (New Era) in the global market.
About Author
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.
Press Release
For Christmas Market Season Global Airport Taxi Prepares Increased Fleet
London, UK, 3rd November 2025, ZEX PR WIRE, As the UK gears up for one of its busiest holiday travel seasons, Global Airport Taxi (GAT) has announced a significant fleet expansion and operational boost ahead of the Christmas Market travel surge. With record numbers of domestic and international visitors expected to visit festive destinations like Manchester, Bath, Birmingham, and Edinburgh, the company is enhancing capacity to meet unprecedented demand for reliable airport transfers.

According to recent travel forecasts, Christmas 2025 is set to see the highest passenger movement in five years, driven by a surge in tourism, retail events, and family reunions. Global Airport Taxi — a leading provider of nationwide airport and intercity transfers — is responding with increased vehicle availability, expanded driver scheduling, and a 24/7 festive operations command centre.
Meeting the Christmas Market Demand
The Manchester Christmas Markets, ranked among Europe’s finest, are expected to attract over 2 million visitors this year. With airports like Heathrow, Gatwick, Stansted, and Luton bracing for heavy holiday traffic, Global Airport Taxi aims to ensure smooth, on-time travel for both locals and tourists heading north to experience the city’s winter charm.
“Every Christmas, we see travel chaos — overbooked trains, long taxi queues, and last-minute cancellations,” said, Operations Director at Global Airport Taxi.
 “That’s why we’ve invested in expanding our nationwide fleet this year — so customers can enjoy guaranteed availability, fixed pricing, and a comfortable journey even during the busiest weeks of December.”
The company’s expanded operations will cover door-to-door transfers from all major UK airports to popular Christmas destinations — including Manchester, Birmingham, York, Oxford, and Edinburgh — offering travellers a stress-free start to their holiday experience.
More Cars, More Comfort: What’s New This Season
To handle the seasonal rush, Global Airport Taxi has:
 Increased its active fleet by 35% across London and the North of England.
 
 Added extra MPVs, executive saloons, and 8-seater minibuses for families and group travellers.
 Launched a real-time booking tracker to optimize pickup efficiency and reduce waiting times.
 
 Partnered with regional taxi affiliates to ensure availability during peak days like Christmas Eve and Boxing Day.
This proactive expansion is part of the company’s “Travel Smart, Travel Festive” campaign — an initiative designed to promote reliable, safe, and environmentally conscious travel during the holiday rush.
A Global Brand Ready for Local Festivities
Operating in over 150 international locations, Global Airport Taxi continues to bridge the gap between premium service and affordability. Its UK division — headquartered in London — is known for its transparent pricing, 24/7 customer support, and professional drivers.
This Christmas, the company’s Manchester operations hub will serve as a strategic centre for long-distance transfers from Heathrow to Manchester, Gatwick to Manchester, and London to Manchester Christmas Market routes — historically the most in-demand during December weekends.
“We’ve always believed that great travel begins before the destination,” added Jennifer Daniel, Head of Customer Experience.
 “By doubling our on-ground readiness this season, we’re making sure families, business travellers, and tourists reach their festive destinations on time — comfortably, safely, and happily.”
Supporting Tourism and Sustainability
Global Airport Taxi’s seasonal readiness also contributes to the broader UK tourism economy. With holiday markets generating millions in local revenue, efficient transport links play a crucial role in visitor satisfaction and return tourism.
Additionally, the company is taking measurable steps toward sustainability by gradually incorporating hybrid and electric vehicles into its winter fleet. The initiative aligns with the UK’s 2030 Net Zero emission goals, reflecting the company’s commitment to green mobility even during high-demand travel periods.
 Stress-Free Airport Transfers — Anytime, Anywhere
Travellers can now pre-book holiday transfers via www.globalairporttaxi.com to secure guaranteed rides from all major UK airports. Each booking includes:
- 
Instant online confirmation and fixed prices
 - 
Meet & Greet service with name-board pickup
 - 
Real-time flight monitoring for delays
 - 
24/7 live chat and phone support
 
Whether it’s a trip to the Manchester Christmas Markets, a holiday reunion in Birmingham, or a flight home after New Year’s celebrations, Global Airport Taxi ensures every journey feels effortless.
About Global Airport Taxi
Global Airport Taxi (GAT) is a trusted international airport transfer platform offering reliable, safe, and affordable rides across 150+ countries. With a focus on professionalism, punctuality, and passenger comfort, the brand continues to lead the UK’s private transfer industry — connecting major airports, cities, and holiday destinations with ease.
About Author
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.
Press Release
FundFinance Unveils Major Platform Expansion, Automating the Full Spectrum of Fund Credit Instruments
Alexandria, Egypt, 3rd November 2025, ZEX PR WIRE, FundFinance, the leading digital platform for alternative investment credit agreements, today announced a major expansion of its platform capabilities. The rollout allows General Partners (GPs) and Limited Partners (LPs) to fully digitize and automate the entire spectrum of fund financing, including advanced NAV-based loans secured by fund assets and hybrid credit instruments, alongside traditional subscription credit lines.

This significant update addresses the financial sector’s urgent need for technological adoption in the alternative investment space, where highly customized structures and complex documentation still rely heavily on manual processes. FundFinance’s new features are designed to close this gap by transforming slow, spreadsheet-driven operations into real-time, resilient financial architecture.
The expansion is centered on integrating advanced features long sought after by the alternative investment community:
- Comprehensive Instrument Coverage: The platform now fully supports the complete lifecycle of NAV-based and hybrid financing structures, providing unparalleled visibility into these complex deals.
 - Automated Covenant Monitoring: Real-time alert systems allow GPs to maintain compliance and proactively manage financial requirements without relying on manual tracking.
 - Seamless Integration: Enhanced connectivity with banking and institutional systems streamlines drawdowns, reporting, and management of diverse fund financing products.
 
By digitizing and automating the entire lifecycle of these complex credit agreements, FundFinance is enabling funds to gain a strategic edge in negotiating with institutional investors and banks. For LPs, this enhanced transparency signals a new level of professionalism and maturity from the management team.
Just as platforms like Carta have standardized cap table management, FundFinance is poised to become the essential backbone for the financial architecture of alternative funds. In an industry that demands capital efficiency, transparency, and operational resilience, this technology is no longer an innovation—it is essential infrastructure.
About FundFinance
FundFinance is the premier digital platform built to automate and manage the full lifecycle of fund credit agreements for the alternative investment industry. Serving General Partners and Limited Partners across private equity, venture capital, and hedge funds, FundFinance provides solutions for subscription credit lines, NAV-based loans, and hybrid instruments. The platform’s mission is to enhance capital efficiency, transparency, and operational resilience across the complex world of fund finance.
Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
About Author
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.
Press Release
Samuel Drnda Rejects Multi-Million Dollar Acquisition Offers — Staying Independent to Build the Future of Decentralized Trading
While competitors get absorbed by exchanges, HyroTrader’s founder focuses on building the world’s first decentralized, multi-exchange prop trading infrastructure.
Prague, Czech Republic, 3rd November 2025, ZEX PR WIRE— In an era where billion-dollar acquisitions reshape the trading landscape, Samuel Drnda, founder and CEO of HyroTrader, made a bold and defining decision — he refused multiple acquisition offers worth tens of millions of dollars, choosing vision, innovation, and independence over a lucrative exit.

The offers followed the high-profile acquisition of Breakout by Kraken, one of HyroTrader’s main competitors. Shortly after, Drnda was approached by two of the world’s largest forex prop trading firms and one of the biggest global crypto exchanges, each seeking to fully acquire and absorb HyroTrader’s rapidly growing trading ecosystem.
“Each offer had the same condition — total control,” said Drnda.
“They wanted to buy everything we’ve built and integrate it into their structure. But HyroTrader was never built to be sold. It was built to change how the prop trading industry works.”
A Vision Too Big to Sell
Founded in 2020, HyroTrader quickly evolved from a trading platform into one of the fastest-growing crypto prop trading firms in the world, empowering over 30,000 active traders and achieving consistent month-over-month growth.
By 2024, HyroTrader was featured multiple times as the “Best Crypto Prop Firm” by leading trading and fintech media outlets — a recognition that reflected both its innovation and trader-first approach.
Today, HyroTrader is setting a new global standard with Hyro Protocol, the first decentralized, non-custodial crypto prop trading infrastructure built on Solana.
“From day one, our vision was to build a decentralized prop firm connected to multiple trading exchanges — a true on-chain ecosystem where traders, investors, and liquidity providers interact transparently,” said Drnda.
“We’re not just another prop firm. We’re creating the infrastructure for the next generation of crypto prop trading firms.”
From Bootstrap to Billion-Dollar Vision
HyroTrader’s rise is even more remarkable because it was built entirely without venture capital.
“In the early days, no VC wanted to invest even $200,000. We decided to bootstrap everything from scratch,” said Drnda.
“Now, the same institutions that once ignored us are offering tens of millions to acquire us. That’s the power of staying true to your mission.”
Today, HyroTrader operates profitably and independently, already valued in the hundreds of millions and on track toward becoming the first decentralized billion-dollar prop trading ecosystem.
Beyond Money: The Power of Purpose
Despite the life-changing offers, Drnda’s decision to remain independent was rooted in conviction, not calculation.
“I come from a middle-class family — the offers I received would have changed my life,” he said.
“But I’ve already achieved more than I ever dreamed of. At this stage, it’s not about money; it’s about building something meaningful with people I believe in and creating real impact for traders worldwide.”
After the refusal, Drnda earned even greater respect from the HyroTrader team, partners, and trading community, strengthening the company’s culture of purpose-driven innovation.
“Many founders dream of an exit. I dream of evolution — of building a decentralized, transparent, and trader-owned future.”
The Next Phase: Hyro Protocol
With Hyro Protocol, Drnda and his team are developing the foundation for the next generation of decentralized prop trading firms.
Built on Solana, the protocol will connect multiple trading exchanges into one unified infrastructure, allowing traders, investors, and liquidity providers to interact seamlessly and verifiably on-chain.
“Our mission is to democratize access to trading capital, remove intermediaries, and empower traders globally,” said Drnda.
“Hyro Protocol isn’t just another product — it’s the infrastructure that will power the decentralized trading economy.”
About HyroTrader
HyroTrader is one of the fastest-growing and most recognized crypto prop trading firms in the world, empowering more than 30,000 traders with performance-based funding and transparent trading conditions.
Featured multiple times as the “Best Crypto Prop Firm,” HyroTrader is now building Hyro Protocol — the first decentralized, non-custodial, multi-exchange trading infrastructure on Solana.
Founded by Samuel Drnda in 2020, HyroTrader’s mission is to democratize access to trading capital and build the foundation for the next generation of decentralized prop trading firms.
About Author
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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