Press Release
The PolkaStar—From the “Planet” Trade to the “Galaxy” Trade
Half a year after the Polkadot mainnet was launched, known as the “Ethereum Killer,” it immediately ranked among the top ten cryptocurrencies by market capitalization. Its unparalleled capital and technical strength have not only been recognized by developers from all walks of life, but also by investors. Favored, the market reacted strongly. Previously, many industry experts at home and abroad have successively published a lot of opinions on the development direction of blockchain. Among them, there are three points about the summary of cross-chain technology, namely “blockchain interoperability”, “ease of use” and ” Scalability”.
As DeFi (decentralized finance) has exploded from Ethereum with a market value of up to 20 billion U.S. dollars since 2020, and recently BTC has risen to 30,000 U.S. dollars, these three mountains make people urgently need a mature Cross-chain technology, because the market value of DeFi almost only exists in Ethereum, and BTC, which accounts for 66% of the total market value of the blockchain, cannot release its huge vitality.
If we want to connect all the public chains together, instead of isolated islands of information, the hidden wealth behind it can only be exploited with the help of mature cross-chain technology.
Fortunately, in the second half of 2020, the Polkadot ecosystem led by Ethereum co-founder Gavin Wood has made great progress. The 100-parachain 1000-person verification plan has been completed by 70%, and the Polkadot system has 1.02 billion. DOT is worth about 6 billion U.S. dollars, of which about 3.7 billion U.S. dollars have been staking. In just 6 months, Polkadot has become the largest network pledged by capital value.
Perhaps we can cheer, the real cross-chain era is finally here!
Based on the cross-chain consensus NPOS mechanism, the PolkaStar development team from the United States has embarked on the path of being a strong man from the beginning. When other aggregators are still struggling to find prey on a public chain, they have a rich blockchain PolkaStar, which has experience in investment management, has focused on several public chains and made full use of Polkadot’s native interoperability, which is the most basic structure for arbitrage.
Among all the current blockchains, only PolkaStar has started the aggregation arbitrage on polkadot. Through the parallel chain design, communication coordination, transaction and authentication management are carried out simultaneously to achieve rapid arbitrage.
This is like, from the begining, people can only do business on one planet, and now they can do business on multiple planets without limit. Not only the market has become bigger, the products have increased, and the trade volume has also increased exponentially. The significance of this for ordinary investors is that they can get the maximum profit through an optimal investment portfolio as much as possible.
From a functional point of view, the financial products on the parachain will be the core role of the Polkadot ecology, mainly creating various financial products to enrich the Polkadot ecology and increase the value of the blockchain network, while the fisherman of the PolkaStar is responsible for monitoring the new According to the conditions and constraints of the contract, the most suitable product is selected for nomination, and finally the data is integrated into arbitrage after verification by the smart contract.
The development team of PolkaStar believes that the blockchain should not be a financial game for the minority and elites, but an inclusive finance with the Internet of everything.
At present, there are many decentralized financial products that blockchain investors can choose. Take Staking as an example. Ordinary investors must first reach a higher threshold to participate, and they will often not be able to achieve the best price in subsequent operations. Or the lowest slippage can get more profits, and in the current blockchain world, not only the pledge yield is very low (as low as 4.9%), frequent operations also exploit the income due to the pledger, transaction fees, gas fees, etc. The decrease in value flow caused by it is also the loss of the pledger, which urgently needs a “network” that produces an optimization effect.
So, can the world’s first low-value pledged, automatic interest-bearing PolkaStar cross-chain aggregator change the current situation of investment difficulties and slow financial management for ordinary investors?
Up to now, the number of projects deployed in the Polkadot network is about to reach 300. As the star DeF project among them, PolkaStar has built a complete DeFi operating system based on Polkadot’s Substrate framework. The homogeneous parallel chains in the Polkadot ecosystem can be Directly access the DeFi application in the PolkaStar system, and support PolkaStar’s affiliate tokens and financial primitives through the XCMP inter-chain communication protocol, providing users with more investment opportunities and maximizing the savings income based on the PolkaStar stablecoin.
According to the PolkaStar developer, by connecting to the Polkadot network to become a parachain, the design of the parachain has further improved operational efficiency, improved cross-chain communication problems, and provided investors with more financial project solutions on the chain. Improve operability, so as to obtain more and faster arbitrage opportunities.
PolkaStar aims to provide users with the best source of liquidity. The partnership with the Polkadot ecosystem can accelerate the realization of this goal. Once the PolkaStar-Ethereum bridge is activated, DeFi users will be able to take advantage of PolkaStar’s fast transaction speed and lower The gas cost to complete the transaction.
PolkaStar can be regarded as a fund management company in the traditional financial market. The traditional fund team makes portfolio investment through human judgment to obtain income, while PolkaStar replaces the centralized management team through smart contracts, which is decentralized. In cross-chain financial products, the best and most suitable points are constantly searched for transactions to expand the income, and the income obtained is then distributed to participating investors according to the distribution principle.
PolkaStar uses the fully modular and flexible Substrate tool to mix and match off-the-shelf components and build core business logic, while the rest is left to the framework, which can realize direct communication arbitrage between different blockchains, which is equivalent to entering from a local area network With the Internet, different individuals and regions can be connected to each other until all individuals are connected together, which greatly improves the efficiency of value transfer and truly achieves inclusive finance.
Therefore, the entry threshold of PolkaStar is much lower than that of ordinary DeFi, and the operation is more close to the people. Through PolkaStar’s inter-chain communication scheduling, investors can automatically find the decentralized financial products with the highest yield through established smart contracts and participate in the acquisition of top mines. Profiteering. On the other hand, you can also enjoy the dividends of other chains brought by the PolkaStar cross-chain mechanism, which ensures that the system can discover the process of quickly obtaining arbitrage opportunities in time and strive for more profits for users.
PolkaStar allows rapid information transmission and communication between all parachains. The PolkaStar Communication Bridge monitors the information transmission between all parachains and obtains the fastest prompt; automatic pledge to quickly occupy and pledge the defi project, in fast arbitrage circulation of first ore between each parallel chain. Let the value be realized quickly.
From the perspective of ease of use, in the entire aggregation system, PolkaStar’s main supervision and control object is the financial products on the parachain. These various financial products are used to enrich the Polkadot ecology and increase the value of the blockchain network. The PolkaStar will form an automated financial system that monitors the operation of the latest DeFi system on all chains, communicates and dispatches directly at the right time, and the smart contract will automatically seize the first mining opportunity and automatically carry out mining arbitrage under preset conditions. Use the fastest speed and trading strategy to obtain profits in various DeFi projects.
All of these are circulated on a transparent chain. PolkaStar has built a complete positive circulation system to enable more and more people to participate. The more cross-chain financial networks that PolkaStar enables, such as cross-chain lending and transactions. The more DAPPs such as, liquidity mining, synthetic assets, futures, options, etc. run, the robustness and arbitrage space of the network will be better and greater. This is the guarantee of the prosperity of the entire PolkaStar system, and at the same time fast The network and arbitrage space also ensure the continuous and stable growth of the entire system.
2021 is meant to be the year of cross-chain domination!
The founder of Polkadot hopes to create a more general and abstract model to solve some of the problems in the blockchain industry, with the goal of “Make blockchain great again”. The vision of PolkaStar, which has advantages in technology and ideas, is: “Let blockchain finance radiate vitality!
The first step is PolkaStar to build a decentralized aggregate DeFi arbitrage system, and quickly establish a cross-chain DeFi mortgage interest generation, arbitrage monitoring, and income settlement system.
The Polkadot Galaxy will bring the interoperability of the network to a new level. It will be a brand new cross-chain operating system that supports the cross-chain interaction of other chain DAPP projects. By aggregating various decentralized financial derivatives, it provides a complete operating platform for the entire blockchain network. And create a new ecology. Become a new way of expressing the value flow of blockchain.
As ordinary investment and financial planners and blockchain practitioners, we can also look forward to the different things that PolkaStar developed based on cross-chain technology can bring, so that everyone has the opportunity to participate in the blockchain. From the ordinary “planet” trade expand to the “galaxy” trade, and finally achieve the real inclusive finance!
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
Carbon Launches TradFi-Native On-Chain Derivatives Venue With 950+ Markets in One Account
Road Town, British Virgin Islands, August 7th, 2026, Chainwire
250+ TradFi markets join Carbon’s 530+ crypto perpetuals & 150 24/7 RWAs in one venue. Wall Street depth at listing, stable overnight rates, and on-chain settlement.
Carbon, the on-chain prime broker for global markets, today opened public trading on 250+ Carbon TradFi markets spanning equities, indices, forex, and commodities. Each position is hedged 1:1 at regulated TradFi venues, making Carbon the largest TradFi-native on-chain derivatives venue. Alongside 530+ crypto perpetuals and 150 24/7 RWAs, total tradeable instruments now exceed 950 in one account.
Carbon TradFi is Carbon’s own on-chain instrument. A trader opens a position on-chain, in their own wallet, and Carbon’s solver architecture hedges it 1:1 at a regulated broker off-chain. The trader never leaves self-custody, and the price and depth they receive are the underlying market’s, not bootstrapped on-chain order books.
That structure removes the cold-start problem that has constrained real-world assets on-chain. Every Carbon TradFi market opens at full institutional depth on its first day, because the depth is inherited rather than manufactured. There is no per-market incentive program to run and no waiting period while liquidity accumulates.
Carbon now offers traders both in one account. Its 150 24/7 real-world markets trade around the clock, for traders who want access at any hour. Its 250+ Carbon TradFi markets track market hours with carry prices from the underlying, for traders who want institutional depth and predictable holding costs. Roughly 30 assets are live as both, letting a trader hold one against the other and capture the difference between the two financing rates without leaving the account.
The global market Carbon connects to is substantial. TradFi clears over $1.5 trillion daily in CFDs across thousands of markets, liquidity that until now had no direct route on-chain.
Carbon TradFi coverage at launch:
- 200 stocks across US, EU, and Asia markets
- 62 forex pairs
- 12 indices
- 8 commodities
Carbon can list a trending name within the same week it begins moving in Seoul, Tokyo, or Hong Kong, a cadence order-book venues cannot match because they lack the off-chain rails to stand up a new market that quickly. A further 150 listings are scheduled.
The launch also opens the Carbon Liquidity Provider (CLP) vault to public deposits. The CLP is a delta-neutral yield product: it funds the hedge behind trader flow rather than taking directional positions, earning from the difference between on-chain demand and off-chain liquidity. Modeled APY is illustrative and ranges from 20.3% at launch utilization to 57.1% at maturity, depending on flow and capital utilization.
“Traders have had to choose between the assets they want and the execution they need. Carbon ends that trade-off. Every position is hedged into the deepest liquidity in the world and settles in the trader’s own wallet, with 950+ markets in a single account. This is what global markets look like when they finally arrive on-chain properly.” – Levy, Co-founder and CEO of Carbon
“One of the biggest challenges for bringing traditional financial assets onchain has been delivering deep liquidity. Carbon is operating an architecture that connects onchain trading with established market infrastructure while preserving self-custody. We want Arbitrum to be home to teams building this next generation of financial infrastructure” – David Garcia, Ecosystem Lead at Arbitrum Foundation
About Carbon
Carbon is the on-chain prime broker for global markets, combining crypto perpetuals and Carbon TradFi in one venue. Carbon’s solver architecture connects on-chain traders to institutional liquidity through bilateral 1:1 hedging, delivering Wall Street-grade depth and stable carry with on-chain settlement and self-custody. Live since 2023, Carbon has processed $20B+ in cumulative trading volume across 36K+ unique traders. Carbon operates on Arbitrum. Users can learn more at carbon.inc.
Contact
COO
Rens
Carbon
rens@carbon.inc
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
Every Tax Preparer Is a Financial Institution Under Federal Law. Many Have No Written Security Plan.
Every Tax Preparer Is a Financial Institution Under Federal Law. Many Have No Written Security Plan.
The IRS is in the final week of its summer campaign telling tax professionals to write one. Industry data says the firms it applies to are mostly two-person shops.
KANSAS CITY, Mo., Aug 07, 2026, ZEX PR WIRE — If you prepare tax returns for a living, federal law counts you as a financial institution. Same category as a bank. That classification carries an obligation most small firm owners have never heard of: a written information security plan (WISP), on paper, kept current.
The Gramm-Leach-Bliley Act is what does it. Under GLBA, tax and accounting professionals are considered financial institutions and must implement a data security plan, which puts them under the Federal Trade Commission’s Safeguards Rule. The IRS said it plainly in July 2025: tax professionals are legally required to have a written, accessible plan, and should review, test and update it regularly.
The agency is in the middle of saying it again. On July 7 the IRS and its Security Summit partners launched “Protect Your Clients; Protect Yourself,” a five-week campaign for tax professionals now in its final week. The same guidance is being delivered in person at the 2026 IRS Nationwide Tax Forums, which continue in New York City Aug. 18-20, Orlando Sept. 1-3, and San Diego Sept. 15-17.
“Most preparers I talk to have no idea this applies to them, and I don’t blame them one bit. Nobody ever told them,” said Sam Sapp of Lockbaud. “Many of these smaller firms would be lucky to have a cybersecurity plan at all, let alone a written one.”
The size of the gap follows from the shape of the profession. Research published in The CPA Journal in January, drawn from IRS preparer and e-filing datasets for the 2024 tax year, found 89% of all e-filers handle fewer than 1,000 filings a year, and 48% of preparers matched to a firm are solo practitioners. Intuit, H&R Block, and TaxHawk together account for only about a third of e-filing submissions. Most of the rest of the profession is small businesses.
Those firms hold exactly what an attacker wants. Social Security numbers, bank account details, income records, and dependent information for every client on the list, usually going back years.
The Safeguards Rule doesn’t ask for a security operations center. The FTC asks firms to designate someone to coordinate the program, identify and assess risks to customer information, and create, implement and regularly test safeguards. The IRS publishes Publication 5708, a 28-page template built for smaller practices, and Publication 4557 covers safeguarding taxpayer data more broadly. Both are free.
A plan on paper isn’t really the point either. The protections have to actually be in place, and that’s where a lot of firms get caught. They assume somebody else has it handled, usually the tax software vendor or whoever set the office up. Those companies secure their own platform. They don’t secure your email, your laptops, your backups, or the person who clicks the wrong link.
Somebody has to own that, and in a two-person office nobody has room for one more job. That’s why these plans get started in February and forgotten by March. A lot of firms hand it off instead, which is a good chunk of what IT support for accounting firms means in practice. And it’s not just tax firms. Any small business sitting on customer data runs into the same thing, which is most of why outsourced IT for small businesses is a category at all.
Two things any tax or accounting firm can check this week:
- Find out whether your firm has a written plan at all, and who is named in it as responsible. If nobody is named, you don’t have one.
- Ask your tax software vendor and your IT provider, in writing, exactly what each one secures. The gap between those two answers is yours to cover.
“That’s what we try to help with, and honestly what we want to make a push to help more with,” Sapp said. “If a firm gets one page written and puts a name on it, that’s a real win. We’ll take it.”
Through Oct. 31, Lockbaud is offering a free written information security plan review to tax and accounting firms. Lockbaud will read an existing plan against Publication 5708 and the Safeguards Rule and say plainly what’s missing, or confirm a firm doesn’t have one yet. Requests go to connect@lockbaud.com or 816-208-2888.
About Lockbaud
Lockbaud is a managed IT and cybersecurity provider based in Kansas City, Missouri, serving small and mid-sized businesses across the United States. Lockbaud works most often with accounting firms, law firms, and chambers of commerce, and backs its work with same-day support, zero-downtime onboarding, and a money-back guarantee. Founded and owned by Sam Sapp. More at lockbaud.com.
Media Contact
Sam Sapp, Lockbaud
Full release with sources: https://lockbaud.com/newsroom/tax-preparer-security-plan-requirement/
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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.
Press Release
Social Security Adjustments Have Failed to Keep Pace with Inflation—How Retirees Can Supplement Their Income Through Bitcoin Mining in 2026
The Truth No One Wants to Talk About
England, U.K, Aug 07, 2026 — In 2026, the Social Security Cost-of-Living Adjustment (COLA) increased by 2.8%, raising the average monthly benefit for retirees by approximately $56. However, because the prices of essential expenses such as housing, healthcare, and food have generally risen by more than 2.8%, the real purchasing power of many retirees who rely on Social Security continues to decline.
At the same time, the Social Security system is facing long-term financial pressure. It is projected that by 2034, the Social Security trust fund may be able to pay only about 83% of scheduled benefits. For a growing number of retirees, Social Security remains an important source of income, but relying on benefits alone is becoming increasingly insufficient to meet retirement living expenses.
A Supplementary Source of Income
In recent years, Social Security benefits have consistently lagged behind the rising cost of living, prompting some retirees to seek additional sources of income. Compared with traditional investments or part-time work, Bitcoin mining traditionally required expensive mining equipment, ongoing electricity and maintenance costs, and specialized technical knowledge.
Cloud mining changes this model. Instead of purchasing and operating mining equipment, users simply purchase cloud computing power to participate in Bitcoin mining. The platform is responsible for equipment operation and maintenance, while users automatically receive daily Bitcoin mining rewards. As a result, cloud mining has gradually attracted the attention of retirees looking for supplementary income.
ASDeFi: A Platform Designed for Convenient Cloud Mining
Founded in 2020, ASDeFi is a Bitcoin cloud mining platform with more than 5 million users worldwide. It operates physical data centers that manage over 11 million TH of computing power.
The platform maintains a 99% uptime, supported by real-time monitoring and a professional maintenance team. It is also committed to using 90% renewable energy, providing users with a stable, efficient, and more environmentally friendly cloud mining service.
How It Works: Four Simple Steps
1. Register an Account https://asdefi.com
New users receive a $15 welcome bonus, which can be used to experience the platform’s cloud mining services.
2. Complete Your Account Setup
Log in to your account dashboard, deposit cryptocurrency, and link your cryptocurrency wallet address to receive mining rewards.
3. Purchase a Mining Contract
Go to the Contracts page and purchase the $15 mining contract. You can also choose other mining contracts that match your budget and investment plan.
4. Start Mining and Withdraw Your Earnings
Once the contract is purchased, the platform automatically allocates computing power and the cloud mining contract begins running immediately. You can monitor your mining rewards in real time on your mobile phone and withdraw your earnings at any time.
Frequently Asked Questions (FAQ)
Can retirees participate?
Yes. As long as you meet the platform’s requirements and have a cryptocurrency account, you can choose a cloud mining contract that suits your financial situation.
Do I need to purchase mining equipment?
No. The platform is responsible for mining farm construction, equipment maintenance, computing power management, and overall system operation.
Which cryptocurrencies are supported?
The platform currently supports more than a dozen mainstream cryptocurrencies, including BTC, ETH, XRP, DOGE, SOL, BNB, and USDT.
Conclusion
Although the 2026 Social Security COLA increased by 2.8%, many retirees continue to face rising living costs for healthcare, housing, and food. Combined with the long-term financial challenges facing the Social Security system, relying solely on Social Security benefits is becoming increasingly difficult for many retirees.
As a result, some retirees with available capital are turning to ASDeFi Bitcoin cloud mining as a supplementary option for generating passive income—without the need to purchase mining hardware or possess specialized technical knowledge.
For more information, visit:https://asdefi.com
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.
Carbon Launches TradFi-Native On-Chain Derivatives Venue With 950+ Markets in One Account
Every Tax Preparer Is a Financial Institution Under Federal Law. Many Have No Written Security Plan.
Social Security Adjustments Have Failed to Keep Pace with Inflation—How Retirees Can Supplement Their Income Through Bitcoin Mining in 2026
Benzinga Money Article Discusses How to Become Part of the 12% of Retirees Who Have Achieved the Recommended $550,000 Minimum Retirement Savings Threshold
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